This statistic displays the amount spent worldwide on research and development in medtech between 2011 and 2024, as a percentage of medtech revenue. In 2017, 7.1 percent of total global medical technology revenue were spent on R&D in medtech. Medical technology is used for diagnosis, monitoring, or treatment of diseases or medical conditions.
Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024
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Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024
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Statistic is based on the top 300 medtech companies. R&D spend in 2017 based on company reported data. Forecast medtech R&D spend based on a consensus of leading equity analysts’ estimates for company level R&D spend, extrapolated to medtech R&D when a company has non-medtech R&D activity.
Medtech R&D is not disclosed by a number of companies and this analysis is limited to those companies with sufficient disclosure.
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Evaluate. (September 28, 2018). Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 [Graph]. In Statista. Retrieved May 11, 2025, from https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. "Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024." Chart. September 28, 2018. Statista. Accessed May 11, 2025. https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. (2018). Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024. Statista. Statista Inc.. Accessed: May 11, 2025. https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate. "Worldwide Medtech Research and Development Spending as Percent of Medtech Revenue from 2011 to 2024." Statista, Statista Inc., 28 Sep 2018, https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
Evaluate, Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 Statista, https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/ (last visited May 11, 2025)
Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024 [Graph], Evaluate, September 28, 2018. [Online]. Available: https://www.statista.com/statistics/309305/worldwide-medtech-research-and-development-spending-as-percent-of-revenue/
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