Here are five statistics about the medical device market compiled from previous posts on Becker's Hospital Review, starting with the most recent.
1. The global medical transcription market is expected to be valued at $60.6 million by 2019, growing at a compound annual growth rate of 5.6 percent.
2. The global medical device connectivity market is expected to reach $33.5 billion by 2017, with a compound annual growth rate of 37.8 percent.
3. The medical instrument and supply manufacturing industry is currently valued at $91.7 billion and is expected to grow at a rate of 1.5 percent through 2018.
4. The pre-owned medical device market is expected to reach $4.9 billion by 2019, growing at a CAGR of 10.6 percent.
5. The global mHealth market is expected to reach $20.7 billion by 2018. The market currently is worth $6.6 billion.
More Articles on the Medical Device Market:
4 Latest FDA Approvals
Cleveland Clinic Innovations, MedStar Health Ink Licensing Deal for Medical Device
Philadelphia Pediatric Device Consortium Receives $1.5M in FDA Funding