Top 10 medical devices market trends and forecast

Cleveland, Ohio – The medical devices market is a major contributor to the overall healthcare industry with the pharmaceuticals industry leading the healthcare sector. The rising incidence of various diseases in the areas of cardiovascular devices (CVD), respiratory, oncology, neurology, and many others have necessitated the need for faster and better medical devices for treatment and diagnosis. 

The study of global top 10 medical devices market is important mainly due to continuous technological advancements in the medical devices industry and rising demand for medical devices owing to increasing healthcare issues. This report not only provides a full estimate of the global top 10 medical device technologies market but also gives a detailed analysis of their most critical micro-markets, which have remained unexplored so far.

Estimated to reach $228 billion by 2015, growing at a CAGR of 6.8% from 2010 to 2015, the cardiovascular devices, orthopedic devices, and diagnostic imaging devices markets are the major revenue generators for the medical devices industry.

This research report includes following medical devices:

• Cardiovascular devices
• Orthopedics devices
• Diagnostic imaging devices
• Minimally invasive devices
• Diabetes devices
• Anesthesia and respiratory care devices
• Dialysis products
• Ophthalmology devices
• Patient monitoring devices
• Point-of-care diagnostic devices

Source: MarketsandMarkets