Belgium Medical Devices Market to 2032
Overview
The Belgium Medical Devices Market is expected to reach a 109.63 USD Billion by 2032 and is projected to grow at a CAGR of 4.45% from 2025 to 2032.
Revenue, 2024 (USD Billion)
72.09
Forecast, 2032 (USD Billion)
109.63
CAGR, 2024 - 2032
4.45%
Report Coverage
Belgium
Belgium Medical Devices Market 2018-2032 USD Billion
Belgium Medical Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 72.09 USD Billion
- Projected Market Size (2032): 109.63 USD Billion
- CAGR (2025-2032): 4.45%
Key Findings of Belgium Medical Devices Market
- The Belgium Medical Devices Market was valued at 109.63 USD Billion in 2024.
- The Belgium Medical Devices Market is likely to grow at a CAGR of 4.45% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Diagnostic in Application Segment accounted for the largest share of the market with a revenue of 66.69 USD Billion
- The fastest growing segment Homecare Settings in End User Segment grew Fastest with a CAGR of 7.27% during the forecast period from 2024 to 2032.
Belgium Medical Devices Market Scope
Belgium Medical Devices Market Segmentation & Scope
End User
- Ambulatory Surgery Centers
- Rehabilitation Centers
- Long Term Care Centers
- Homecare Settings
- Specialty Clinics
- Hospitals
Facility
- Small
- Medium
- Large
Distribution Channel
- Third Party Distributor
- Direct Sales
Product
- CPAP/BiPAP
- Spirometers
- Oxygen Concentrators
- Anesthesia machines
- Ventilator
Application
- Therapeutics
- Diagnostic
Mode
- Tabletop
- Standalone
- Portable
Belgium Medical Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 72.09 USD Billion |
| Market Value in 2032 | 109.63 USD Billion |
| CAGR (2025-2032) | 4.45% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Facility,Distribution Channel,Product,Application,Mode |
Regional Insights:
-
Leading Market (2024-2032): Belgium, leading in terms of revenue 72.09 USD Billion in 2024
- Key Country: Belgium, leading in terms of revenue with value of 72.09 USD Billion in 2024.
Segments and Scope
-
Belgium Medical Devices Market to 2032, By End User
- Hospitals is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 24.47 USD Billion in the year 2024.
- Homecare Settings is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 5.05 % in forecast period 2025-2032.
-
Belgium Medical Devices Market to 2032, By Facility
- Large is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 40.86 USD Billion in the year 2024.
- Large is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 4.76 % in forecast period 2025-2032.
-
Belgium Medical Devices Market to 2032, By Distribution Channel
- Direct Sales is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 60.50 USD Billion in the year 2024.
- Direct Sales is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 4.86 % in forecast period 2025-2032.
-
Belgium Medical Devices Market to 2032, By Product
- Ventilator is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 37.49 USD Billion in the year 2024.
- Ventilator is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 5.35 % in forecast period 2025-2032.
-
Belgium Medical Devices Market to 2032, By Application
- Diagnostic is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 66.69 USD Billion in the year 2024.
- Diagnostic is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 4.56 % in forecast period 2025-2032.
-
Belgium Medical Devices Market to 2032, By Mode
- Portable is the largest segment in Belgium Medical Devices Market to 2032 with a revenue of 38.42 USD Billion in the year 2024.
- Portable is the Fastest growing segment in Belgium Medical Devices Market to 2032 with a Growth rate of 5.70 % in forecast period 2025-2032.
Belgium Medical Devices Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Koninklijke Philips N.V. | |||
| Teleflex Incorporated | |||
| TEIJIN LIMITED | |||
| VYAIRE | |||
Belgium Medical Devices Market Geographical Sales Distribution, 2018-2032 USD Billion
Belgium Medical Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Belgium Medical Devices Market is segmented based on Segmentation End User,Facility,Distribution Channel,Product,Application,Mode.
Belgium Medical Devices Market was valued at USD 72.09(Revenue in USD Billion) in 2020.
Belgium Medical Devices Market is projected to grow at a CAGR of 4.45% during the forecast period of 2024 to 2032.
The Diagnostic segment is expected to dominate the Belgium Medical Devices Market, holding a largest market share of 66.69 USD Billion in 2024
Belgium Medical Devices Market Scope
Belgium Medical Devices Market Segmentation & Scope
End User
- Ambulatory Surgery Centers
- Rehabilitation Centers
- Long Term Care Centers
- Homecare Settings
- Specialty Clinics
- Hospitals
Facility
- Small
- Medium
- Large
Distribution Channel
- Third Party Distributor
- Direct Sales
Product
- CPAP/BiPAP
- Spirometers
- Oxygen Concentrators
- Anesthesia machines
- Ventilator
Application
- Therapeutics
- Diagnostic
Mode
- Tabletop
- Standalone
- Portable
Frequently Asked Questions
The Belgium Medical Devices Market is segmented based on Segmentation End User,Facility,Distribution Channel,Product,Application,Mode.
Belgium Medical Devices Market was valued at USD 72.09(Revenue in USD Billion) in 2020.
Belgium Medical Devices Market is projected to grow at a CAGR of 4.45% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Medical Devices Market for final year is USD 109.63 (USD Billion).
Belgium Medical Devices Market Company Profiling
Frequently Asked Questions
The Belgium Medical Devices Market is segmented based on Segmentation End User,Facility,Distribution Channel,Product,Application,Mode.
Belgium Medical Devices Market was valued at USD 72.09(Revenue in USD Billion) in 2020.
Belgium Medical Devices Market is projected to grow at a CAGR of 4.45% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Medical Devices Market for final year is USD 109.63 (USD Billion).
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