
The Bangladesh medical equipment and devices sector continues to demonstrate strong momentum in 2026, building on its rapid expansion over the past decade. The market, which was valued at USD 442 million in 2020 and projected to reach USD 820 million by 2025, is now on track to surpass USD 900 million in 2026, maintaining a double‑digit compound annual growth rate. Analysts forecast that the industry could reach USD 3 billion by 2030, underscoring its attractiveness as an investment destination. Rising healthcare expenditure remains a key driver, with per capita spending having grown by nearly 60 percent between 2015 and 2020 and continuing to climb steadily thereafter. The government’s Expanded Programme on Immunisation (EPI) stands out as a long‑term success story, strengthening public health outcomes and boosting investor confidence in the sector. At the same time, private healthcare infrastructure has expanded dramatically: the number of registered private hospitals has quadrupled over the past two decades, clinics have tripled, dental clinics have grown nearly seven‑fold, and diagnostic centres have increased six‑fold. This surge in facilities reflects the growing demand for advanced medical devices and diagnostic services. With a rising middle class, urbanization, and government incentives for local manufacturing, Bangladesh’s healthcare industry in 2026 is positioned as one of South Asia’s most promising markets for medical equipment investment.