The medtech industry is positioned for continued growth as the aging world population faces many unmet medical needs. According to market analysts, industry revenue is predicted to grow to nearly $600 billion in 2024, with the cardiovascular, orthopedic, neurological, urological, and diabetes sectors driving that growth.
Several trends are shaping the medtech industry, presenting opportunities and challenges for both early stage and established medtech companies. From raising capital to building a strategic intellectual property (IP) portfolio to the growing influence of artificial intelligence (AI), below are four megatrends impacting medtech.
Click here to read the full article, published by Medical Design & Outsourcing March 28, 2024.