AI in Medical Devices Market Expected to Reach $42.43 Billion by 2030

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global AI in medical devices market is projected to grow from $16.16 billion in 2026 to $42.43 billion by 2030, at a compound annual growth rate of 27.3%. This expansion is driven by AI integration into clinical workflows, investments in smart healthcare infrastructure, and the rise of remote patient monitoring. Personalized medicine is a key growth driver, with the FDA approving 16 new personalized therapies for rare diseases in 2023. Strategic collaborations are accelerating innovation, such as Medtronic's partnership with NVIDIA to develop an AI platform for medical devices and GE HealthCare's $3 billion acquisition of Caption Health. North America led the market in 2025, while tariffs have spurred local manufacturing and regional supply chain development.

Impact on stocks 5

Artificial Intelligence▲ · 3 stocks
NVIDIA Corporation
NVDA
▲ PositiveDemandrelevance

NVIDIA's AI platform partnership with Medtronic positions it to benefit from growing AI in medical devices market.

Biotech & Genomic Medicine▲ · 2 stocks
Medtronic PLC
MDT
▲ PositiveTechnologyrelevance

Medtronic's partnership with NVIDIA to develop an AI platform for medical devices drives innovation.

Theme Impact 6

Off-coverage companies 1

Caption HealthPrivate▲ Positive
Capitalrelevance

Caption Health is acquired by GE HealthCare for $3B, a positive financial event.

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