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Medical Devices Market Research Reports

Medical Devices Research

Smart electronics and the Internet of Things will drive the next phase of growth in the medical devices industry globally. Home-based care and a rising geriatric population are proving conducive to the growth of the medical devices industry. While large companies continue to report new breakthroughs, regulatory approvals continue to remain a long-winded process. Smaller companies in the medical devices industry have their unique set of challenges, with difficulty in obtaining funding being the key impediment to growth. Large companies, on the other hand, will have to brave headwinds in the form of pricing pressures and intense monitoring by regulatory agencies.

Companies in the North America and Asia Pacific medical devices industry are more optimistic about their growth prospects than their counterparts in Europe. This is chiefly because of the tepid economic growth exhibited by European countries in the recent past. However, even in medical device markets that hold a positive outlook, sales gains are expected to remain modest. 

Medical Devices Market Research Reports