The U.S. markets are bullish on the future of the medical device markets. In addition to projections that postulate that: “In 2024, the total medical technology revenue globally is expected be nearly $600 billion U.S. dollars.” and that the: “… U.S. remains the largest medical device market in the world, with a market size of around $156 billion as well as representing about 40 percent of the global medical device market…” (https://www.selectusa.gov/medical-technology-industry-united-states) The markets, Moody’s in particular, are expecting this trend to continue. Recently an online journal focusing on the medical device industry seemed to echo this optimistic view of the industry publishing an article titled: “Moody’s: Outlook strong for medical devices in 2019.
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