Medical Devices Market: Is Covid19 testing the healthcare industry?

   2021-01-13       44        Agriculture
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Medical Devices Market: Is Covid19 testing the healthcare industry?

The global Medical Devices Market Size was USD 425.5 Billion in 2018 and is projected to reach USD 612.7 Billion by 2025, exhibiting a CAGR of 5.4% during the forecast period. As per regions, North America holds the dominant position in the global market. Companies such as GE Healthcare, DePuy Synthes, Ethicon LLC., Baxter International Inc., Medtronic, and Philips Healthcare.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/medical-devices-market-100085

Rising Prevalence of Chronic Disorders and Demand for Preventive Healthcare to Spur Growth 

The rising incidence of chronic diseases such as diabetes, cancer, heart diseases is fueling the demand for various medical devices in North America. According to the National Center for Chronic Disease Prevention and Health Promotion (CDC), around six in every 10 people in the U.S live with one of the above mentioned chronic diseases.

Related Press Release:

Hip Replacement Market

Connected Drug Delivery Devices Market

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Medical Devices Market: Is Covid19 testing the healthcare industry? 


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