Analysis of the prospects of the medical device market in 2016

The economic crisis is still shrouded in the global sky. Countries around the world have implemented fiscal austerity policies. The implementation of these policies is very unfavorable for the development of medical devices. But if, if, the investigation company Chen, as of 2016, the global medical device market potential is still as high as 415 billion US dollars.

In fact, medical equipment still has a lot of room for development. Undoubtedly, as the global aging speeds up, the demand for medical equipment is increasing. As a result, Kalorama Research Inc. said it expects global sales of medical device equipment to reach $415 billion in 2016, compared to $322 billion in 2011.

Economic analysts said that the current global economic tightening policy is more obvious, and countries and industries are also planning to weather the economic crisis. The United States remains the world's largest medical device market, with the largest potential for mining. The global sales of medical device manufacturers in the United States is much higher than their total sales in the United States, mainly because developing countries are gradually becoming a large market for medical device sales.

At the same time, medical device companies have increased their investment in new medical device products. In 2011, the total expenditure on research and development expenses of medical device companies increased by an average of 8%. Kalorama Research called this phenomenon a positive phenomenon, indicating that medical device companies' increased R&D investment is based on the potential of the global market. These manufacturers are optimistic about the development momentum, so adjust the development center and launch more new products.

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