American Medtech Market to Grow 6.4% Annually Through 2017

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.

North America Infographics

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Source: http://www.mddionline.com/article/american-medtech-market-grow-64-annually-through-2017-infographic