From The Corner Lab - Blog Posts

Medical Technology Set To Out Pace Pharma Industry

Posted by Jim Menoutis on Mon, Oct 08, 2012 @ 12:43 PM

The medical technology (medtech) market is forecasted to grow at 4.4 percent per year between 2011 and 2018, to reach $440 billion, according to a new report from EvaluatePharma, the EvaluateMedTech World Preview 2018. This growth will outpace the global pharmaceutical Industry, which has long over shadowed the medtech sector. This report finds that  medtech is expected to grow 2.5 percent per year between 2011 and 2018.

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Topics: Johnson & Johnson, Roche, Medtronic, in-vitro diagnostics sector, orthopedics sector, top medical device sectors, medical technology (medtech) market is forecasted, to reach $440 billion