Based on 120 leading companies in the medical device industry data: 2013 to 2020 the world medical device industry compound annual growth rate (CAGR) will reach 5%, to 2020 the market size of $514 billion. 2014 is an exciting year for the global medical device industry, the first half of 2014, the amount of medical equipment in the field of mergers and acquisitions increased by 363% over the same period last year.

U.S. FDA listed before the approval to pick up

Supervision is also a major change in the situation. In 2013 after a disappointing first pre IPO approval (PMAs), FDA became more open in 2014, by the end of August 2014 has been approved for the first time 20, which increased by 43% over the same period last year. FDA also made a lot of efforts to accelerate the approval, including the simplification of regulatory processes, proposed to speed up the approval of the first program, etc..

Billions of dollars of IPO

Although some of the primary stage of development of the medical device company's ultimate goal is still to be acquired by big companies, but remain independent and market began to become a trend in the market. In the first half of 2014, the medical device field IPO raised $1 billion 300 million, an increase of 900 million over the full year of 2013 $44%. Global medical device market development and changes in the speed of fast, enterprises subject to the effects of mergers and acquisitions, heart disease products and orthopedic products market almost beyond recognition. By 2020, the global medical device market will be more than 500 billion U.S. dollars, in vitro diagnostics products will still be the first major areas.

Global medical device market in 2020

It is estimated that the global medical device Market 2013 to 2020 will with 5% compound annual growth rate to maintain growth, in vitro diagnostic products (IVD) will still be market scale is the largest sub sectors, to 2020 sales will reach $716 billion, accounted for 14% of the global medical equipment market scale, over the same period of the IVD market will be at a rate of 6.1% per year growth. The fastest growth rate will be the market for the Department of Neurology, which will be 7.1% of the compound annual growth rate of to reach $9 billion 800 million in 2020 market size.

Global medical device market VS global prescription drugs market

It is expected that from 2013 to 2020, global market for prescription drugs will to 5.3% compound annual growth rate, higher than 5% of the medical device industry, but in 2010 to 2013, the pace of development of the medical device market far exceeds the prescribed drug market. With the arrival of the patent cliff and people's confidence in the biotechnology industry enhanced. After 2014 and 2016, the prescription drug market development speed can be more than medical devices, this phenomenon caused to 2020 medical device market accounted for the prescription drug market ratio dropped to 49.7%, 2013, the ratio was 50.3%.

Global medical device Market R & D investment

From 2013 to 2020 global market for medical equipment R & D investment will to 4.2% compound annual growth rate below sales growth rate, by 2020 to reach $305 billion, by 2020 global medical device R & D investment than expected to 5.9%, 6.3% in 2013 than declined. Global R & D investment is the largest R & D investment of 20 companies will be slightly higher than the overall data, the R & D investment in 2020 is expected to be 7.7%.



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