ABSTRACT

The United States remains the largest medical device market in the world with a market size of around $110 billion in 2012, and is expected to reach $133 billion by 2016. The US market value represented approximately 38% of the global medical device market in 2012. US exports of medical devices in key product categories identied by the Department of Commerce exceeded $44 billion in 2012, or more than a 7% increase from the previous year [1].