Hospital & Healthcare Management May 27, 2024
The base of modern healthcare is kneaded with innovations brought in by the medical device sector. The fact is that beyond the landscape of pharma and surgical expertise lie medical devices, which are critical when it comes to diagnosis, treatment, and patient care. As per the report by Grand View Research, the worldwide medical device market size happened to be valued at $425 billion in 2020 and is anticipated to see a growth of 5.4% CAGR from 2021 to 2028.
Medical devices, with all their might happen to play a very pivotal role across all healthcare sectors put together, right from testing of blood to diagnosis of certain health ailments by way of X-rays as well as biochemical analyzers.
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