Medical device and equipment include cardiovascular device, surgical device, home healthcare and other devices. The industry is highly uneven with the US commanding a huge share of approximately 45% of the worldwide market. In the last few years, the global medical device and equipment industry has registered a CAGR of more than 6% and the market value has crossed USD 300 billion. The industry is also faced with multiple challenges such as amplified competitiveness and deficiency of skilled workforce.
Growth is expected in the industry with more use of advanced technology such as nanotechnology and robotics in coming future which would mean more expansion of medical device industry.
Some of the major research reports covered under Medical Devices Industry are medical imaging industry, Healthcare IT market, Healthcare equipment and supplies, Cardiovascular Device and diagnosis market, global medical equipment and devices industry, dental equipment industry and disposable device market.