MedTech Markets By Device Type
In this article, we dive into the major Medtech markets by device type.
- Worldwide MedTech sales ~ $405bn in 2017, growing at ~5.6% per year (CAGR) between 2017 and 2024. (Source: Evaluate Medtech )
- The in vitro diagnostics market was worth ~$53B and is estimated to grow at ~6.1% (CAGR)
- The cardiology industry worth ~$47B, and is expected to grow at 6.4% per year
- The diagnostic imaging market is set to grow from a global total of
$39.5bn in 2017 at a rate of ~3.7% p.a. - Orthopedics sector, worth ~$36B in 2017, is expected to grow by ~3.7% p.a.
Exhibit 1: In Vitro Diagnostics (IVD) Market
Exhibit 2: Cardiology Market
Exhibit 3: Diagnostic Imaging Market
Exhibit 4: Orthopedics Market
Exhibit 5: Opthalmics Market
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