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Report claims that U.S. medical device market will near $95 billionReport claims that U.S. medical device market will near $95 billion
According to Espicom Healthcare Intelligence, the U.S. medical device market will reach $94.9 billion this year. According to the report, The Medical Device Market: USA, the U.S. market has the third highest per capita expenditure, at $306. With a population over 300 million, it also has the third highest population, behind China and India.
October 21, 2010
1 Min Read
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It comes as no surprise that the U.S. is home to seven out of the world's top ten device manufacturers. However, according to the report, imports to this market now account for about 31% of the total market.
Unlike many countries, much of the health care industry falls into private hands. However, recent proposals may change that. Some of those changes were outlined and discussed at the recent MD&M event in Minneapolis. The highlights of that address can be found in a video interview.
Richard Nass
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