CICC: Global medical device market is experiencing steady growth, with 8 sub-categories such as electrophysiology and RDN worthy of close attention.

The Zhongjin report states that, according to QY Research data, the global medical equipment market size could reach $862.6 billion by 2030, with a CAGR of 5% from 2025 to 2030. Factors contributing to this growth include aging populations, increasing prevalence of chronic diseases, advances in medical technology, policy support, and continuous improvement in healthcare systems. Major companies are focusing on eight specific areas such as electrophysiology, RDN, complex vascular intervention, structural heart, neuroscience, Siasun Robot & Automation surgery, endoscopy, and blood glucose management. Key points from Zhongjin include: Steady growth in the global medical equipment market Valuation system: Premium determined by growth quality Innovation-driven growth, with 8 specific areas of focus Stock targets include high-growth potential areas such as cardiovascular, Siasun Robot & Automation surgery, neuroscience, endoscopy, and blood glucose management. Target companies in the industry chain include Boston Scientific Corporation, Edwards Lifesciences Corporation, Intuitive Surgical, Inc., Medtronic Plc, Abbott Laboratories, Johnson & Johnson, Stryker Corporation, DexCom, Olympus, and Terumo. Risk factors include R&D failure, overseas business operation risks, goodwill impairment risks, and product recall risks.