Changing regulations for medical devices will inhibit growth, but revenue will remain stable. By 2016 the medical device market is projected to reach $134 billion. A significant contribution to this will be the U.S. Orthopedic market, which is was estimated at roughly $15.5 billion in 2011, equal to 14.6% of the total market.
The infographic below provides a key industry snap shot into America's medical device products and markets.
click to enlarge
-Chris Wiltz ,Associate Editor, MD+DI