Navigation Links
The Medical Device Market: USA - At an Estimated US$127.1bn in 2013, the US Medical Device Market is the World's Largest

London (PRWEB) September 17, 2013


At an estimated US$127.1bn in 2013, the US medical device market is the world's largest. Per capita expenditure, at US$399, is the highest in the world.

Much of the market is in private hands; there is no single health system. Public healthcare systems, known as Medicaid, for those on low incomes, are operated by each State. Since 1960, the Medicare system has provided hospital care for the elderly; this has also provided prescription drug coverage since 2006.

President Obama succeeded in signing his healthcare reform bill into law on 23rd March 2010. The bill, formally called the Patient Protection and Affordable Care Act (PPACA) HR 3590, will eventually extend health insurance cover to an estimated 32mn Americans who do not have any form of health insurance.

The PPACA requires all States to create new health insurance markets called exchanges, so that people who do not have insurance can buy tax-payer subsidized private cover. The law also expands eligibility for Medicaid so low-income adults who have no dependent children can get government insurance. Putting the two approaches together, more than 30mn Americans are expected to gain coverage by January 2014. At the end of June 2012, the Supreme Court upheld the entire law in a 5-to-4 decision which deemed that the mandate was constitutional under the taxing authority afforded to the federal

The USA is home to many of the world's leading medical device manufacturers, such as Johnson & Johnson, General Electric, Baxter, Covidien and Medtronic. Seven out of the world's top ten medical device manufacturers are US companies.


Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom’s unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market


At no additional cost, all customers get access to Espicom Interactive. This advanced online service is easy-to-use and contains practical and valuable tools which will save you hours of time and effort.

Full text cross file searching with fast response or intuitive “drill down” into the content
Presentation-ready tables and graphics with “one click” output to other packages such as MS Excel™ and MS PowerPoint™
View all tables and graphs independently from the text
Split screen for more efficient working
Instant machine translation into nine languages
A “Cut your own” report building feature
PDF download


Evaluate the potential of the market
Assess risks and opportunities on the basis of knowledge
Profile the market for new product, licenses or collaborations
Understand the operating and regulatory environment
Gain a complete picture on health expenditure and infrastructure
Review the competitive environment

Read the full report:

The Medical Device Market: USA

For more information:
Sarah Smith
Research Advisor at
Tel: +44 208 816 85 48

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Allegheny Health Network Becomes Official Medical Provider for Robert Morris University Athletic Program
2. Diet Doc Hormone Diets & Weight Loss Plans Announces New Medically Guided Diet Plans Designed to Naturally Increase Healthy Hormone Function While Also Producing Results
3. Speech4Me Providing Best-in-Class Support to Physicians That Speech-Enable Their EHR with Dragon Medical Practice Edition 2
4. Thailand No Longer So Cheap For Medical
5. CU Anschtuz Medical Campus Start-up Takes the Guess Work out of Drug Use
6. Medical Director of Online USA Doctors Provides New Treatment for Sufferers of Stress
7. High debt load anticipated by majority of medical students; African-Americans most affected
8. Novus Medical Detox Institutes Electronic Health Records Software
9. PCA Medical Group Proudly Announces New Management Team
10. Diet Doc Medical Weight Loss Plans Offers New Medically Guided Prescription Diet Plans That Teach Patients How to Lose Weight Permanently
11. SafeGuard Background Screening Announces Comprehensive Background Check Program for Health & Medical Providers
Post Your Comments:
(Date:6/27/2016)... ... June 27, 2016 , ... A revolution is ... emergency ambulance transport experience for the millions of people who require these medical ... the taxi industry through the use of technology. Now, SmartEMS has put forth ...
(Date:6/26/2016)... Carolina (PRWEB) , ... June 26, 2016 , ... ... of a new product that was developed to enhance the health of felines. The ... centuries. , The two main herbs in the PawPaws Cat Kidney Support ...
(Date:6/25/2016)... , ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library on ... Observer , brings up a new, often overlooked aspect of head lice: the parasite’s ability ... fumigation is not a common occurrence, but a necessary one in the event that lice ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van ... Wellness at Work award to iHire in recognition of their exemplary accomplishments in worksite ... 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum ...
(Date:6/24/2016)... ... 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was out of ... verbally and physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. ... throw rocks at my other children and say he was going to kill them. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... Belgium , June 24, 2016 ... today announced the appointment of Dr. Edward ... as a Non-Executive Director, effective June 23, 2016.Dr. ... Compensation and Nominations and Governance Committees.  As a ... will provide independent expertise and strategic counsel to ...
(Date:6/23/2016)...  MedSource announced today that it has selected ... of choice.  This latest decision demonstrates MedSource,s commitment ... clients by offering a state-of-the-art electronic data capture ... as the EDC platform of choice in exchange ... has long been a preferred EDC platform by ...
(Date:6/23/2016)... Calif. , June 23, 2016 Any dentist ... many challenges of the current process. Many of them do ... of the technical difficulties and high laboratory costs involved. And ... to offer it at such a high cost that the ... it. Dr. Parsa Zadeh , founder of ...
Breaking Medicine Technology: