The Medical Device industry is a broad and exciting area of the life sciences market. It is currently one of the largest sectors within the global healthcare industry and continues to experience constant growth.
The top opportunities in the medical devices market segmented by type of device will arise in the in-vitro diagnostics market segment, which will gain $23.4 billion of global annual sales by 2023. The top opportunities in the medical devices market segmented by end user will arise in the hospitals and clinics segment, which will gain $130.0 billion of global annual sales by 2023. The top opportunities in the medical devices market segmented by type of healthcare expenditure will arise in the public healthcare expenditure segment, which will gain $81.7 billion of global annual sales by 2023. The medical devices market size will gain the most in the USA at $37.6 billion.