Google News article The world’s medical devices are now being marketed on the world’s global market.
There are now more than 10 billion devices on the market worldwide.
The latest figures from the International Medical Devices Association (IMDA) show the number of devices sold worldwide increased by more than 50% between 2017 and 2018.
The biggest increases were in China, which increased by 30%, and the United States, which rose by 31%.
China’s share of the global medical market rose from 2.5% in 2018 to 3.9% in 2019, the IMDA reported.
China is the world leader in the production of medical devices and the global sales of medical instruments rose by almost 7.8% in the same period.
The United States has seen a surge in medical devices, with the country growing by almost 6.2%.
The United Kingdom, Germany, France and Italy saw the biggest declines.
Germany saw a decline of 1.4%, while France saw a drop of 4.6%.
Italy saw a fall of 3.5%, while the UK saw a decrease of 4%.IMDA chief executive John Deere said that the global supply of medical equipment is increasing.
“There is an increasing number of people that have access to medical equipment, and that’s why demand for medical devices is growing worldwide,” he said.
“And there is an important role for innovation to continue to drive growth.”
Deere said the growth of medical supply in the next five to 10 years is likely to be driven by a number of factors including advances in patient care, greater availability of health services, better accessibility of medical facilities and a decrease in cost.
“This is because the quality of care is improving and access to care is expanding,” he explained.
The IMDA is a voluntary trade body representing medical devices manufacturers.
Its members include many of the world´s largest companies, including Johnson & Johnson, Medtronic, Johnson &w.
Johnson and Pfizer.
The agency said it had seen a 20% increase in medical device sales since the year 2000.
“Our hope is that by 2030 the global demand for the products that we produce will be greater than the supply of those products by 2025,” Deere added.
“And we think this will mean fewer deaths and more lives saved.”