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Medical technology revenue worldwide by region 2013-2020

Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)*

by Statista Research Department, last edited Jul 23, 2014
Medical technology revenue worldwide by region 2013-2020 This statistic depicts the global medical technology revenue in 2013, and a prediction for 2020, sorted by region. In 2020, China is expected to generate 55 billion U.S. dollars in the global medical technology market. China's Food and Drug Administration is encouraging new developments in the health care industry and to be considered innovative, a product must be a major improvement from the previous product. As of 2013, China's medtech industry was the fourth largest in the world and is expected to be the second largest by 2020.
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Global medical technology revenue in 2013 and 2020, by region (in billion U.S. dollars)*

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