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  • Analysis Of Global And China Medical Device Industry Development
    Jan 12, 2018

    With economic development, population growth, social aging, and increasing awareness of health care, the demand for the global medical device market continues to grow rapidly. The medical device industry is one of the fastest growing industries in the world today.

    According to statistics from the European Medical Devices Commission, the global market for medical devices has risen rapidly from US $ 187 billion in 2001 to US $ 433.5 billion in 2011, with a compound annual growth rate of 8.82%. The growth rate of the global medical device market surpasses the GDP of the same period Increase

    The global medical device industry has a high degree of concentration. Currently, the top 25 medical device companies account for 60% of the total global sales of medical devices (source: EU Medical Devices Council).