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Story perspectives

MedTech Industry Soars: $584 Billion Revenue and Big Deals

10/2/2025

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Story summary
  • The 2025 Pulse of the MedTech Industry report by Ernst & Young (EY) shows a strong recovery led by cardiovascular, diabetes, robotics, and orthopedics.
  • Revenue reached $584 billion, the seventh straight year of growth, with a forecast of 6-7%.
  • M&A spending rose to $38.8 billion, with average deal size $497 million, signaling a shift toward larger deals.