Medical Technology Sales To Hit $500B Within Five Years

Despite global challenges and escalating consolidation, projections of the medical device and technology market look to surpass $500 billion in sales by 2021, according to a new analysis.

The MedTech industry has been growing rapidly and is forecasted to grow by 5% or more annually until 2022.

medtech-sales

Medical device and technology sales will grow 5.2% annually, reaching $529.8 billion by 2022. (Source: Evaluate Ltd.)

Read the full article at Forbes here.

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Published on 19. October 2016 in News