
Photo by Jair Lázaro on Unsplash
The medical device industry is growing. Data from KPMG predict that global annual sales will rise by 5% per year to reach just under $800 billion by 2030. New technology, new opportunities, and, as always, the promise of improving patient outcomes around the world are major drivers of growth within the industry.
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But behind the projected growth lie significant challenges for individual medical device companies. Uncertain and changing economic conditions, new regulatory pressures, and challenges with managing quality are all quietly making themselves felt behind the scenes.
That’s why Greenlight Guru has released its 2025 Medical Device Industry Report—to pull back the curtain on the medical device industry and give readers a look into what their peers and competitors are saying about the state of the industry right now.
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