2011 Healthcare Research Review

The worldwide endoscopy market was $23.3 billion in 2010 and is projected to reach nearly $24.8 billion in 2011. This market is further anticipated to increase to $33.7 billion by 2016 at a compound annual growth rate (CAGR) of 6.4%. The total market for clinical healthcare information technologies was more than $6.3 billion in 2010. The market is projected to grow to approximately $7.4 billion in 2011 and $17.5 billion in 2016, a CAGR of 18.7% over the next five years. The global market for microelectronic medical implants was worth an estimated $15.4 billion in 2010. The market is projected to grow to $16.3 billion in 2011 and $24.8 billion in 2016, a CAGR of 8.8%, between 2011 and 2016.

Additional Information

FOREWORD

Universal healthcare coverage has begun to slowly create ripples of efficiency within the enormous structure of the healthcare system. Globally, the rising costs of healthcare stand in contrast to contracting budgets and credit defaults. The percentage of GDP devoted in most countries to healthcare has not dropped, but has slowed in its ascent.

Science and technology improvements have continued, and we now see iPADs as prevalently as the stethoscope. iPhones that relate vital statistics are also becoming part of the clinician’s tool belt.