What Will Medtech Look like in 2020? 10 Key Trends

Friday, October 10, 2014

Source: Beckers Spine Review

The medtech market is expected to grow over the next six year as several external factors impact markets around the world, according to a report from EvaluateMedTech.

The report was released at the AdvaMed 2014 conference.

"2014 marks a year of rapid change for the global medical device market, particularly with the cardiology and orthopedic spaces, which have been dominated by mega-mergers," said the report author and EvaluateMedTech Product Manager Ian Strickland. "If the deal between Covidien and Medtronic goes through, we could see a new market leader. In an industry forecast to be worth more than half-a-trillion dollars in 2020, that is no insignificant achievement."

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