The US medical device technology market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising demand for technologically advanced medical devices and rising prevalence of chronic and infectious diseases in the region. Hospitals and clinics in the US are equipped with latest cardiology devices and applications which are essential to perform critical cardiology surgeries. In addition, the rising government spending for the improvement of the healthcare infrastructure in the US, is further contributing to the growth of the medical device technology market. The country has the presence of some of the leading market players, such as Thermo Fisher Scientific Inc., General Electric Co., Abbott Laboratories, contributes to the significant growth in the medical device technology in the US.

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The medical device technology market is classified on the basis of device type, which includes in vitro diagnostics devices, diagnostic imaging devices, cardiology devices, ophthalmology devices, orthopedic devices, and others. Among these devices, the cardiology devices segment holds a significant share in the market, owing to the rising incidences and prevalence of CVD across the region. Such rising incidences of CVD is rising the development of advanced technologies in order to cater the wide patient pool across the region. The US have high incidence and prevalence rate of heart diseases due to sedentary lifestyle, excessive consumption of alcohol, consumption of junk food, high intake of cholesterol and huge number of diabetic and obese patients.

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The study of the US medical device technology market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

US Medical Device Technology Market – Segmentation
by Device Type
In Vitro Diagnostics Devices
Diagnostic Imaging Devices
Cardiology Devices
Ophthalmology Devices
Orthopedic Devices
Others (Endoscopy Devices and Respiratory Care Devices)

Company Profiles
Abbott Laboratories
Baxter International, Inc.
Becton, Dickinson and Co.
Biomerica, Inc.
bioMérieux SA
BioSig Technologies Inc.
Boston Scientific Corp.
Cardinal Health, Inc.
F. Hoffmann-La Roche Ltd.
Fresenius SE & Co. KGaA
General Electric Co.
Johnson & Johnson Services Inc.
Koninklijke Philips N.V.
Medtronic PLC
Siemens AG
Smith & Nephew PLC
Stryker Corp.
Zenith Technologies Ltd.


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