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October 07, 2015.
The value of the global medtech market is expected to reach $477.5 billion by 2020, according life sciences market intelligence firm Evaluate Ltd. The “EvaluateMedTech World Preview 2015, Outlook to 2020” also states that worldwide medtech R&D expenditure is forecast to grow by 3.5 percent per annum to reach $29.5 billion by 2020. Other findings from the 2015 report:
The report can be downloaded at
http://www.evaluategroup.com/MedtechWP2015
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