Europe Ai-enabled Medical Devices Market Size & Outlook
Europe ai-enabled medical devices market highlights
- The Europe ai-enabled medical devices market generated a revenue of USD 3,369.1 million in 2024.
- The market is expected to grow at a CAGR of 38.9% from 2025 to 2033.
- In terms of segment, software was the largest revenue generating component in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 3,369.1 million |
| Market revenue in 2033 | USD 64,605.2 million |
| Growth rate | 38.9% (CAGR from 2025 to 2033) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.7% of the global ai-enabled medical devices market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 54,425.9 million by 2033.
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AI-enabled Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CLEW Medical | View profile | 11-50 | Ramat Poleg, HaMerkaz, Israel, Asia | https://www.clewmed.com/ |
| Paige | View profile | 51-100 | New York, New York, United States, North America | https://www.paige.ai |
| Philips Healthcare | View profile | - | - | - |
| Aidoc | View profile | 251-500 | Tel Aviv, Tel Aviv, Israel, Asia | http://aidoc.com |
| Empatica | View profile | 51-100 | Cambridge, Massachusetts, United States, North America | https://www.empatica.com |
| Eko Health | View profile | 101-250 | Emeryville, California, United States, North America | https://ekohealth.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Europe ai-enabled medical devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai-enabled medical devices market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 138.64% in 2024. Horizon Databook has segmented the Europe ai-enabled medical devices market based on software covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe ai-enabled medical devices market databook
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Our clientele includes a mix of ai-enabled medical devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ai-enabled medical devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ai-enabled medical devices market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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