U.S. Medical Device Manufacturers Market: PMA vs. 510(k) and the Competitive Moat It Creates
The U.S. medical device manufacturers market was valued at USD 256.2 billion in 2024. It is projected to reach USD 360.1 billion by 2030, a CAGR of 5.9% from 2025 to 2030, according to Grand View Research. Cardiology devices are the fastest-growing segment, a broad "others" group holds the largest share, and Stryker, Medtronic, and Abbott anchor the competitive field. Market Size and Growth...
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