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Medical Devices Reimbursement Market Share

Report ID: GMI6175
Published Date: Jul 2023
Report Format: PDF

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Medical Devices Reimbursement Market Share

Some of the leading players operating in the medical devices reimbursement market include

CVS Health
BNP Paribas
Aviva
Cigna
United Health Group
Allianz
Aetna
Humana Inc.
WellCare Health Plans, Inc.
Nippon Life Insurance Company

The medical device reimbursement market is competitive in nature, with leading players including public and private companies focusing on improved product offerings to further increase the industry competition. These players are involved in strategic developments including partnerships & collaboration, product launches, mergers, and acquisition to improve their market positioning.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Market size for medical devices reimbursement was more than USD 482.6 billion in 2022 and is set to reach over USD 997.2 billion by 2032 driven by the increasing healthcare expenditure, expanding aging population, and growing prevalence of chronic diseases.

Medical devices reimbursement market size from the hospitals healthcare setting segment is projected to reach USD 495 billion by 2032 due to the rising influx of patients along with the stronger negotiating power of hospitals with insurance companies and other payers.

North America market for medical devices reimbursement is estimated to amass more than USD 455 billion by 2032 driven by the presence of well-established regulatory frameworks, including the U.S. FDA and Health Canada along with government healthcare programs in the region.

Some of the key medical device reimbursement companies include CVS Health, BNP Paribas, Aviva, Cigna, United Health Group, Allianz, Aetna, Humana Inc., WellCare Health Plans, Inc., and Nippon Life Insurance Company among others.