Market Insights report
Medical Devices is the largest market of the Medical Technology market. The industry has grown steadily in recent years. Demand for innovative products leads to increased investment in R&D and the development of medical technologies. However, complex regulatory processes, reimbursement restrictions, and the costly process of developing advanced technologies are increasing the challenges for this industry. Cardiology Devices held the top position among all markets in Medical Technologies, followed by Diagnostic Imaging Devices.
What's included?
The Medical Devices market includes instruments and machines helping medical service providers in the prevention, diagnosis, and treatment of diseases. The market covers Cardiology Devices, Diagnostic Imaging, Orthopedic Devices, Ophthalmic Devices, General & Plastic Surgery Devices, Endoscopic Devices, Diabetes Care Devices, Dental Devices, as well as Other Medical Devices. In vitro diagnostics and pharmaceutics are excluded.
Overview
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