Medical devices play a decisive role in the healthcare industry. To carry out the smallest of tasks in this sector, it is important to employ the right device and technology; from a major surgical operation to primary health monitoring, devices are present for everything.
Medical device companies develop a plethora of products such as wheelchairs, defibrillators, pacemakers, stents, infusion pumps, etc. The medical device industry is highly structured, and companies must continuously invest in research and development in order to preserve a competitive superiority. The future of the global medical device market looks bright with prospects in public and private hospitals. The worldwide medical device arcade is projected to reach an estimated $409.5 billion by 2023.
Despite these challenges, medical device companies have always been adept with the latest technology and innovations happening in the sector. Keeping this in mind, we bring you the in-depth profiles of- “The 10 Most Innovative Medical Devices Companies 2018.” These 10 are the bellwether medical devices companies, with diverse product ranges, strong performance, and significant revenues.