North America Medical Devices Reimbursement Market Size & Outlook
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North America medical devices reimbursement market highlights
- The North America medical devices reimbursement market generated a revenue of USD 355,439.8 million in 2024.
- The market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
- In terms of segment, underpaid was the largest revenue generating claim in 2024.
- Underpaid is the most lucrative claim segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 355,439.8 million |
| Market revenue in 2030 | USD 558,800.0 million |
| Growth rate | 7.8% (CAGR from 2025 to 2030) |
| Largest segment | Underpaid |
| Fastest growing segment | Underpaid |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Underpaid, Full Paid |
| Key market players worldwide | Aviva PLC, CVS Health Corp, BNP Paribas Act. Cat.A, Allianz SE, Humana Inc, The Cigna Group, UnitedHealth Group Inc, Nippon Life Insurance Company of Japan, WellCare Health Plans, Elevance Health |
Other key industry trends
- In terms of revenue, North America region accounted for 45.7% of the global medical devices reimbursement market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 558,800.0 million by 2030.
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Medical Devices Reimbursement Market Scope
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 |
North America 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 87.78% in 2024. Horizon Databook has segmented the North America medical devices reimbursement market based on underpaid, full paid covering the revenue growth of each sub-segment from 2018 to 2030.
By region, North America accounted for the largest share of over 50% in the global medical devices reimbursement market owing to favorable regulatory policies and robust reimbursement structure. Provisions for medical devices reimbursement are also well-established in the region.
Rising prevalence of chronic diseases coupled with increasing demand for medical devices is expected to augment market growth in this region over the forecast period. Growing geriatric population in the region can also be attributed to the growth of North American medical devices reimbursement market.
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Target buyers of North America medical devices reimbursement market databook
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Our clientele includes a mix of medical devices reimbursement 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 North America medical devices reimbursement market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical devices reimbursement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America medical devices reimbursement market size, by country, 2018-2030 (US$M)
North America Medical Devices Reimbursement Market Outlook Share, 2024 & 2030 (US$M)
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