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Global Medical Devices Market

As technology and medicine grow, with many billions spent on cure of some diseases,there is even a higher demand in medical devices, due also to new diseases that appear

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Definition / Scope

As technology and medicine grow, with many billions spent on cure of some diseases,there is even a higher demand in medical devices, due also to new diseases that appear

This has given the chance and opportunity to hospitals and private clinics to need even more medical devices, as support to previous well known illnesses but also many of them (devices)are needed to cover new needs to them (hospitals and clinics). Research grows as well as new doctors specialised in rare diseases who deal with them and need theses wonderful accessories to their job.

Thus the results of researches are submitted to companies who pay their part for new devices for medicine and pharmacy and invest in them at a high extent.

In regard to 2013 production and sales have increases and results show that by 2018 the raise of these produced devices will be round 9-10% for companies.

There are thus devices for heart, diabetes and neurologie, transmucosal devices, ophtalmoloical ones and for ears. In USA, we know Johnson & Johnson, that has raised its income due new devices sold.

In USA the raise has been big since 2013, and as said above it will raise by some billions till 2018; while companies in Germany have even accrued their income since 2011, but some other European countries are still slow. China has also had a raise in sales of such devices.

Key Metrics

Metrics Value Explanation
Base Year 2017 Researched through internet


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