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Amid all this uncertainty, however, the outlook for medical devices is surprisingly bright. Investing News predicts that device manufacturers will capture major market share in 2017. Equally reassuring, Evaluate Research forecasts that medical technology sales will reach more than $529.8 billion by 2022, growing at an annual rate of 5.2 percent, and R&D expenditure will grow by 4.3 percent annually to reach $34 billion by 2022. In this white paper, medical device experts Matt Lowe and Alex Butler discussed five trends that are likely to have a significant effect on the industry this year. |
