WebThe global medical devices market was valued at US$ 550 billion in 2024 and is expected to reach US$ 850 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.5% during the forecast period 2024 to 2030. Key Takeaway: By end-user, the hospitals and clinics segment has accounted 88.5% of the total revenue share in 2024. WebFeb 26, 2024 · These include: (i) extension of registration certificate (which generally is only valid for five years [21] ); (ii) device labelling, as may be required under the Administrative Provisions on the Administration of …
Top 7 challenges facing the medical device market
WebMar 9, 2024 · For example, the market size of China’s medical device industry was about 98.5 billion US dollars in 2024 and estimated to be 120 billion US dollars in 2024, and 129 billion US dollars by 2024.”. “What’s interesting for our business in China is actually the high-end medical device industry, which has been regarded as a strategic ... WebGlobal medical device sales forecast to 20302 Revenues (US$ billion) 800 600 400 200 0 2015 371 483 617 GR 5.2% 795 2024F 2025F 2030F The medical device industry is … toshiba satellite pro u400 bios update
Five Things to Know About the Changes to China
WebChina’s medical device market experiencing significant growth,is presenting opportunities for U.S. medical device manufacturers. The results of this analysis indicate that the … WebNov 3, 2024 · It implies the upcoming rise of the industry and the high-speed growth of those local companies in the medical devices industry. Since 2024, China has become … WebDec 18, 2024 · The COVID-19 pandemic has placed healthcare systems around the world under tremendous pressure, which has in turn posed a major challenge for the medtech industry to meet increased demand for its products. In recent months, medtech companies have learned a lot about their supply chains, as the pandemic exposed vulnerabilities in … toshiba rupo