Trend Brief
Top 5 Medical Device
Industry Trends
to Plan for in 2020
The world of medical device manufacturing will be a thrilling
and challenging space in 2020 as record-breaking revenues,
ever-changing regulatory conditions, technology innovations
and promising new market opportunities collide. The industry
grew at a record 7% clip in 2019
1
— a nine-year high — and total
global revenues are expected to reach $483.4 billion in 2020.
2
This article will look at some of the trends anticipated to make
a substantial impact on the medtech sector in 2020 and offers
suggestions about how manufacturers can best position
themselves to roll with and benefit from those changes.