Study: U.S. medical device market will reach $246 billion

Dublin-based Research and Markets estimates that the U.S. medical device and equipment market will be worth $246 billion by 2011.

With a growth rate of 4.6% over the next five years, the global market will continue to be led by the U.S., Europe, and Japan, where demand will be high and economies strong. The highest percentage of growth will be in the emerging markets of Eastern Europe, Latin America, and Asia, where demand for essential medical equipment and supplies will be significant.

By AuntMinnie.com staff writers
February 9, 2007

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