This statistic depicts the global medical technology revenue in 2013, and a prediction for 2020, sorted by region. In 2020, China is expected to generate 55 billion U.S. dollars in the global medical technology market. China's Food and Drug Administration is encouraging new developments in the health care industry and to be considered innovative, a product must be a major improvement from the previous product. As of 2013, China's medtech industry was the fourth largest in the world and is expected to be the second largest by 2020.
Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)*
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BCG. (July 23, 2014). Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)* [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/
BCG. "Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)*." Chart. July 23, 2014. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/
BCG. (2014). Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/
BCG. "Global Medical Technology Revenue in 2013 and 2020, by Region (in Billion U.S. Dollars)*." Statista, Statista Inc., 23 Jul 2014, https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/
BCG, Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/ (last visited December 30, 2024)
Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)* [Graph], BCG, July 23, 2014. [Online]. Available: https://www.statista.com/statistics/314715/medical-technology-revenues-world-regions/
