Global Medical Devices Reimbursement Market Size & Outlook

The global medical devices reimbursement market size was estimated at USD 777,642.3 million in 2024 and is projected to reach USD 1,171,720.0 million by 2030, growing at a CAGR of 7.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$777,642.3
Forecast, 2030 (US$M)
$1,171,720.0
CAGR, 2025 - 2030
7.1%
Report Coverage
Worldwide

Global medical devices reimbursement market, 2018-2030 (US$M)

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Global medical devices reimbursement market highlights

  • The global medical devices reimbursement market generated a revenue of USD 777,642.3 million in 2024 and is expected to reach USD 1,171,720.0 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 7.1% by 2030.
  • In terms of segment, underpaid accounted for a revenue of USD 677,380.5 million in 2024.
  • Underpaid is the most lucrative claim segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 777,642.3 million
Market revenue in 2030USD 1,171,720.0 million
Growth rate7.1% (CAGR from 2025 to 2030)
Largest segmentUnderpaid
Fastest growing segmentUnderpaid
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUnderpaid, Full Paid

Other key industry trends

  • In terms of revenue, the North America accounted for 45.7% of the global medical devices reimbursement market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 7,920.0 million by 2030.

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Medical Devices Reimbursement Market Companies

Name Profile # Employees HQ Website
Elevance Health View profile 10001+ Indianapolis, Indiana, United States, North America https://www.elevancehealth.com
WellCare Health Plans View profile 5001-10000 Tampa, Florida, United States, North America https://www.wellcare.com/en/florida
Nippon Life Insurance Company of Japan View profile 10001+ Osaka, Osaka, Japan, Asia http://www.nissay.co.jp/
Humana Inc View profile 67600 500 West Main Street, Louisville, KY, United States, 40202 https://www.humana.com
BNP Paribas Act. Cat.A View profile 182656 16, Boulevard Des Italiens, Paris, France, 75009 https://group.bnpparibas
Aviva PLC View profile 23247 St Helen's, 1 Undershaft, London, United Kingdom, EC3P 3DQ https://www.aviva.com
CVS Health Corp View profile 300000 One CVS Drive, Woonsocket, RI, United States, 02895 https://www.cvshealth.com
The Cigna Group View profile 72500 900 Cottage Grove Road, Bloomfield, CT, United States, 06002 https://www.cigna.com
UnitedHealth Group Inc View profile 440000 9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, United States, 55343 https://www.unitedhealthgroup.com
Allianz SE View profile 154862 Koniginstrasse 28, Munich, BY, Germany, 80802 https://www.allianz.com

Global medical devices reimbursement 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 medical devices reimbursement market will help companies and investors design strategic landscapes.


Underpaid was the largest segment with a revenue share of 87.11% in 2024. Horizon Databook has segmented the Global medical devices reimbursement market based on underpaid, full paid covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Medical Devices Reimbursement Claim Outlook (Revenue, USD Million, 2018-2030)
    • Underpaid
    • Full Paid
  • Global Medical Devices Reimbursement Payer Outlook (Revenue, USD Million, 2018-2030)
    • Public payers
    • Private payers
  • Global Medical Devices Reimbursement Service Provider Outlook (Revenue, USD Million, 2018-2030)
    • Physician Office
    • Hospitals
    • Diagnostic Laboratories
    • Others

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Target buyers of Global medical devices reimbursement market databook

  • Our clientele includes a mix of medical devices reimbursement market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 global-level data and insights on the Global medical devices reimbursement market , including forecasts for subscribers. This global databook contains high-level insights into Global medical devices reimbursement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global medical devices reimbursement market size, by regions, 2018-2030 (US$M)

Top 10 countries: Medical devices reimbursement market size, 2023 (US$M)

Global medical devices reimbursement market share, by payers, 2023 & 2030 (%, US$M)

Medical devices reimbursement market: Opportunity assessment by country

Global medical devices reimbursement market, by region, 2024 (US$M)

Global medical devices reimbursement market size, by regions, 2018-2030 (US$M)

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