Market Research Life Sciences

Medical Devices Market Research Reports & Industry Analysis

Medical devices are durable and disposable in nature. These devices can be used for a wide variety of conditions for surgical procedures, home health care, clinical settings or in the medical office setting. A medical device is an instrument, apparatus, implant, in vitro reagent or anything similar which can be used to diagnose, prevent or treat a disease within the body. It can be as simple as a tongue depressor, medical thermometer or disposable gloves. It can also be as complex as a computer which can assist in medical testing, an implant like a stent or a prosthesis. Globally, the medical device market is over $209 billion.

Medical devices are classified in one of three regulatory classes, the classification is dependent on the intended use of the device and indications for use. The US accounts for approximately 38% of the global medical device market. China, Japan, Russia and Brazil have the most stringent regulatory compliance for medical devices. Research can be found within market research industry reports which will further outline economic industry trends, device regulation globally and challenges facing medical device leaders.

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Medical Devices Industry Research & Market Reports

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