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Annual number of novel medtech innovations approved by FDA from 2015 to 2023

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Release date

February 2024

Region

United States

Survey time period

2015 to 2023

Supplementary notes

* Projected

Citation formats

Novel medical technology products approved by FDA 2015-2023

Published by
Conor Stewart,
May 3, 2024

In 2023, the US Food and Drug Administration (FDA) approved more novel medical technologies than it has in any single year ever before, with almost double the amount it approved in 2022. Previously, the year with the highest number of approvals was 2018, following which there was a significant decline in the quantity of novel approvals.

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