The US Medical Devices Market is poised to surge to over $200 Bn by 2027 owing to 5G Tech & fashion trends picking up pace. Will projections justify the growth rate? : Ken Research

1. "Technology to be the way ahead:" Technological trends are going to take up a huge space in the US Medical device market in the long run.

Going with the trends, US Medical Device market has come a long way in implementing technology in its infrastructure. The future too seems to move forward in the same way. Trends such as cybersecurity, 5G Technology, AI & Machine learning are going to witness advancement & further implementation in the medical device market in US. Moreover, the technological aspect is anticipated to not only benefit the US market but also help in the humanitarian assistance provided by the country around the world. For instance, the U.S. government is working with AdvaMed and its member companies on medical technology equipment and supply donations for humanitarian aid and recovery after the devastating earthquakes in southeast Turkey and northern Syria. All in all, the market is poised for a robust growth in the upcoming years.

2. "Fashion trends to witness partnership with healthcare:" Rising demand for cosmetic surgeries are expected to benefit the medical device industry trends.

To learn more about this report Download a Free Sample Report: https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2NDU2

Cosmetic surgery trends are experiencing an upsurge as a result of Hollywood fashion trends & influencers witnessing a peak in the recent years. The industry is expected to have a positive impact on the medical device market in US in the upcoming years. With cosmetic procedure industry growing at a CAGR of 7%, more devices will be demanded as a result of which the market will be growing steadily. According to The Aesthetic Surgery Society, surgical procedures increased by 54% in the U.S. alone in 2021. In Canada, the leading cosmetic surgery procedures are botox and rhinoplasty with over 18,100 and 10000 searches on the procedures, respectively.

Time Period Captured in the Report:

Historical Period:2017- 2022
Base Year: 2022
Forecast Period: 2022-2027

Key Target Audience:

Hospital
ASC
Clinics
Government Agencies
Distributors

Companies Covered:

Abbott
Johnson & Johnson
Beckton
3M Company
General Electric
Stryker

Cardinal Health

For more insights on market intelligence, refer to the link below: -

https://www.kenresearch.com/industry-reports/us-medical-device-market

Related Reports by Ken Research: -

https://www.kenresearch.com/healthcare/medical-devices/ksa-medical-devices-market-outlook-to-2026/581656-91.html

https://www.kenresearch.com/healthcare/medical-devices/philippines-medical-devices-market-outlook/231922-91.html

Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.