Device Makers Take Advantage as Medical Device Industry Booms

Will there be a boom this year for the medical device market? The landscape is shaping up to support that idea and several companies are making significant headway in developing new devices for the marketplace.

Medical device manufacturing remains a strong market, driven by technological developments, an aging population and increases in chronic and lifestyle diseases – trends that expand healthcare spending, SelectUSA, a U.S. Department of Commerce program announced this year.