This statistic displays the aggregate savings from medical technology in four areas in the United States with an increased incentives scenario (in comparison to continued incentives from 2010 to 2035). In 2020, aggregate savings from medical technology is expected to reach 70.51 billion U.S. dollars. The direct economic benefit of medical technology such as devices and diagnostics is simple to measure, however, including indirect costs such as reducing the length of hospital stays is more complex to find.
Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)*
* Including medical technologies concerning diabetes, heart disease, musculoskeletal disease, and colorectal cancer. Savings are compared to continued incentives from 2010 on.
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Milken Institute. (July 23, 2014). Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/
Milken Institute. "Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)*." Chart. July 23, 2014. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/
Milken Institute. (2014). Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/
Milken Institute. "Estimated Aggregate Savings Due to Medical Technology within An Increased Incentives Scenario from 2010 to 2035 (in Billion U.S. Dollars)*." Statista, Statista Inc., 23 Jul 2014, https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/
Milken Institute, Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/ (last visited December 23, 2024)
Estimated aggregate savings due to medical technology within an increased incentives scenario from 2010 to 2035 (in billion U.S. dollars)* [Graph], Milken Institute, July 23, 2014. [Online]. Available: https://www.statista.com/statistics/319390/aggregated-medical-technology-savings-in-the-us-from-increased-incentives/
