World Medical Device Market to Grow 6.2% annually from 2014 to 2018

Global demand for medical devices is forecast to expand 6.2% p.a. between 2014 and 2018. China, Germany, Greece, Japan, and the United States are considered the highest potential markets in the coming years.



According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global medical device industry is forecast to reach 6.2% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 7.0%. Currently, electro-diagnostic devices account for 12.7 % of the global demand while the remaining market share is divided between orthopaedic and fracture devices (7.9%), X-ray devices (3.8%), therapeutic respiration devices (3.4%), syringes and needles (3.4%), pacemakers (2.7%), dental devices and instruments (2.4%), medical furniture (2.2%), mechano-therapy and psychological aptitude-test devices (2.2%), ophthalmic devices and instruments (2.2%), computed tomography devices (2.2%), hearing aids (1.8%), dental fittings (1.4%), parts and accessories for medical devices (4.4%), and other medical devices (47.3%).
China, Germany, Italy, Japan, and the United States represent the largest medical device markets while the strongest annual growth is forecast to occur in Greece (14.8%), Macedonia (12.4%), Sri Lanka (12.3%), Kazakhstan (11.7%), and Bolivia (11.1%).  

The information are extracted from our recently published reports, you can browse country wise reports here: Medical Devices Market Reports

Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential medical device markets in the coming years are:
Market Potential Rate
United States
Sri Lanka
The leading players on the global medical devices market are considered to be companies like: 3M Co, Abbott, Alere Inc, Alfresa Holdings Corporation, Allegiance Corporation, Allergan, Inc., AMETEK, Inc., Ansell Limited, B Braun Melsungen Aktiengesellschaft, Bausch & Lomb Incorporated, Baxter International Inc., Becton, Dickinson and Co., Beiersdorf AG, Boston Scientific Corporation, Bsc International, C.R. Bard, Inc., Canon, Cardinal Health Inc, CareFusion Corporation, Carl Zeiss AG, Cook Group Incorporated, Corning Incorporated, Covidien plc, Dada Behring S.A., Danaher Corporation, DENTSPLY International Inc., Dipped Products Ltd., Draegerwerk AG & Co. KGaA, DuPont Electronic Technologies, Essilor International Cmpgn Gnl d'Opq SA, Fielmann AG, Fresenius, FUJIFILM, Gerresheimer Holdings GmbH, Getinge AB, HERAEUS HOLDING GmbH, HI-LEX CORPORATION, Hospira, Inc., HOYA CORPORATION, Johnson & Johnson, Khrunichev State Space Research and Production Centre, Kimberly Clark Corp, Koninklijke Philips NV, L-3 Communications Holdings, Inc., Laboratoires Pierre Fabre Sa, LensCrafters, Inc., Linde Gas Uk Limited, Luxottica Group SpA, Medtronic, Inc., Mettler-Toledo International Inc., Micor, Inc., Mitsui Chemicals, Inc., Moog Inc, Motor Sich PAT, Neoprex Limited, NHK SPRING CO., LTD, NIPRO CORPORATION, NITTO DENKO CORPORATION, Nolato AB, Olympus Corp, OMRON Corporation, Paul Hartmann AG, Philips, Pisa Farmaceutica Mexicana, PPG Industries, Inc., Rexam PLC, Roche Diagnostics Limited, SCHOTT North America, Inc., SEIKO HOLDINGS CORPORATION, Sekisui Chemical Co Ltd, Shanghai Fosun Pharmaceutical, Shenzhen Kaifa Technology Co., Ltd., Shimadzu Corporation, Sichuan Kelun Pharmaceutical Co., Ltd., Siemens, Smith & Nephew plc, Smiths Group plc, Specsavers Optical Group Ltd, St. Jude Medical, Inc., Stryker Corporation, SUZUKEN CO., LTD., Synthes, Teleflex, Terumo Corp, The Marmon Group, Thermo Fisher Scientific Inc., Top Glove Corporation Berhad, Toray Industries Inc, and VCA Antech Inc, Zahran Group.
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for medical devices in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Mongolia, Morocco, Netherlands, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam.
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.

The latest market data for this research include:
  • Overall medical device market size, 2007-2018
  • Medical device market size by product segment, 2007-2018
  • Growth rates of the overall medical device market and different product segments, 2007-2018
  • Shares of different product segments of the overall medical device market, 2007, 2013 and 2018
  • Market Potential Rates of the overall medical device market and different product segments
The product segments analyzed in the data reports include:
  • Electro-cardiographs
  • Magnetic resonance imaging devices
  • Scintigraphic devices
  • Ultrasonic scanning devices
  • Other electro-diagnostic devices
  • Medical and surgical sterilizers
  • Needles for sutures and tubular metal needles
  • Syringes
  • Ultra-violet and infra-red ray devices
  • Breathing devices and gas masks
  • Mechano-therapy and psychological aptitude-test devices
  • Therapeutic respiration devices
  • Ophthalmic devices and instruments
  • Dental drill engines
  • Other dental devices and instruments
  • Artificial teeth
  • Other dental fittings
  • Artificial joints
  • Other orthopaedic and fracture devices
  • Computed tomography devices
  • Hearing aids
  • Pacemakers
  • Dental X-ray devices
  • Medical X-ray devices
  • Dental chairs
  • Other medical furniture
  • Alpha, beta and gamma radiation devices
  • Parts and accessories for medical devices
  • Other medical devices
- See more at:



Chakra Imaging ? Believe it... or not

 A new medical imaging device based on Gas Discharge Visualization (GDV) is designed to measure the human energy field with a desktop camera and map the alignment of chakras, or energy centers in a person’s body. Called Bio-Well, the small device was invented by Dr. Konstantin Korotkov, a Professor of Physics at St. Petersburg Federal Research University of Informational Technologies, Mechanics and Optics in Saint Petersburg, Russia.

Chakra Imaging SystemBio-Well has already been approved by the Russian Ministry of Health and received its registration as a routine medical diagnostic device. According to Dr. Korotkov, the research that went into his invention is based on the ancient Chinese system of energy meridians. The purpose of the device is to evaluate and highlight potential physical and psychological abnormalities which, as is believed in Chinese medicine, can be identified by the energy field of the body. The science behind the function of the medical imaging device is based around GDV, a concept discovered and pioneered by Dr. Korotkov, was inspired by Kirlian photography.

Though it has been examined in mainstream scientific research, the small amount of provable science surrounding Krilian photography has been overshadowed by the overwhelming amount of fringe science and paranormal health claims. Semyon Kirlian himself, who discovered the technique which carries his name, believed the images he created showed an energy that reflected the physical and emotional states of living beings, and hoped it could be used to diagnose disease. 

ChakraThe images it produces of the chakra system in a person’s body are related to Ayurvedic medicine. In this system each chakra, or ball of energy, is believed to resonate at a different frequency level, and is located at a specific point along the spinal column. Many practices such as yoga and meditation, and forms of alternative and integrative medicine refer to the chakras in their assessment of health and wellness.

Bio-Well utilizes hardware and software to record, process, and interpret the GDV images of a human with a painless electric charge off the human finger in a fraction of a second. This new form of medical imaging relies on the belief that certain sectors of the fingertip correspond to specific organs and systems in the body, and with this reading the software of the device maps the chakras and the energy through the entire body.

With a the special “Sputnik” attachment the medical imaging device is also able to map the energy of an environment. The attachment looks something like 3D asterisk fixed to a miniature camera tripod, and supposedly it is able to read the energy of an area, enabling users to compare, for instance, the state of a room before and after someone has been meditating there to see how the energy levels change.

If all of this sounds highly questionable, the purpose, function and method used in the device are backed by an impressive range of research. Conducted by experts in the fields of bio-energy, environment, music, medicine, psychology, and sports, these studies and articles are linked on the Bio-Well website for skeptics to examine. The site also has the new medical imaging device for sale, listed at $850 USD, so any home user can actually map their own chakras, though in order to use the Bio-Well they must pay for a subscription to access the algorithm that interprets the results.

By Mimi Mudd

National University of Informational Technologies
James Randi Educational Foundation

Diagnostic Imaging Market - Global Forecasts to 2018

  • X-ray Systems (Digital, Analog, Portable),
  • Computed Tomography,
  • Ultrasound Imaging Systems (2D, 3D, 4D, Doppler),
  • MRI Machines (Closed & Open),
  • and Nuclear Imaging Systems (SPECT, PET, PET/CT)
This report studies the global diagnostic imaging market over the forecast period of 2013 to 2018. The market is expected to reach ~$27.1 billion by 2018, at CAGR of 4.7% from 2013 to 2018.

Based on the type of diagnostic system, the global diagnostic imaging market is divided into five segments, namely, X-ray imaging systems, Computed Tomography (CT) systems, ultrasound imaging systems, Magnetic Resonance Imaging (MRI) systems, and Nuclear Imaging systems (comprise SPECT and PET systems). Each of these segments is further sub-segmented. X-ray imaging systems and ultrasound imaging systems are further segmented into market by technology and portability. MRI systems are divided into market by architecture and field strength. The market for CT scanners is divided on the basis of type of slice.

A number of factors such as the increasing application of diagnostic imaging systems, geographic expansion of market players across the globe, and the improving healthcare expenditure in emerging markets are driving the growth of the global diagnostic imaging market. However, factors such as reimbursement cuts, market saturation due to high competition, lack of qualified diagnostic imaging workforce, uncertain reimbursement procedures country-wise are restraining the global diagnostic imaging market. Furthermore, hospital budget cuts in the U.S. and increasing adoption of refurbished devices are major challenges faced by the market.

As of 2013, North America held the largest share of ~34% of the global diagnostic imaging market, followed by Europe. However, the Asia-Pacific market is expected to grow at the fastest CAGR of ~5.9% from 2013 to 2018. A number of factors such as increasing incidence/prevalence of various diseases (such as cancer and CVD), rising government initiatives for modernization of healthcare infrastructure, improvements in healthcare insurance coverage, and the growing number of ongoing research activities in Asian countries, are boosting the diagnostic imaging market in the Asia-Pacific region.

The major players in the diagnostic imaging market include:

  • GE Healthcare (U.K.)
  • Hitachi Medical Corporation (Japan)
  • Hologic, Inc. (U.S.)
  • Philips Healthcare (Netherlands)
  • Samsung Medison (South Korea)
  • Shimadzu Corporation (Japan)
  • Siemens Healthcare (Germany)
  • Toshiba Medical Systems Corporation (Japan)


New tube available for your BrightSpeed Select series CT scanners

Dunlee Brightspeed SelectDunlee has expanded its product portfolio to include replacement CT tubes for GE BrightSpeed Select series scanners. 


This version of the Dunlee DA 165NP tube includes unique parts compatible with GE BrightSpeed Select Excel/Edge/Elite CT scanners.

This tube is a replacement for the GE MX 165CT (D3146T/D3147T).

The DA 165NP for BrightSpeed Select scanners includes a warranty of 12 months or 6,000 patient exams prorated.


The chart below will help you to determine which DA 165NP your system requires:

                    Interesting Image
Contact Dunlee for more information:


Want to sell your equipment ?

Just post your listings (ads) for FREE !

Looking for equipment ?

Just post your requests for FREE ! 

You can't afford not to register with the first European on-line community platform for medical devices! Global Medical Device… it's FREE!

  • Sell your new and used medical equipment. Post your ads and take advantage of Global Medical Device's national and international network.
  • Sell your services (Human resources, maintenance, logistics, quality control, technical expertise, consulting, certifications, communications, media, etc.)
  • Look for equipment or services and find the best providers 
  • Keep up-to-date with the latest medical news, new technologies and developments in the industry. 
  • Let people know what's happening with you and what your requirements are; share your opinions and publish your articles, infomercials, etc. Make use of both your and our social networks 
  • Chat with other specialists, swap information, get advice. Be active in our discussion forums that focus on a range of different themes, locate future business partners both in France and at international level.
  • Post job ads and recruit the perfect employee!
  • Raise your web profile! Specific advertising areas available for your product categories, optional subscriptions, etc.

Having a web presence: more important than ever before...

There's no longer any room for doubt. In an increasingly competitive environment, no company that wants to grow can afford not to have an Internet presence. That's just the way it is. But nowadays, the Internet is so much more than just a relationship between a few computers. It’s the perfect means for nurturing our relationships, helping us get to know each other better and making it easier for us to share our information. And we can do it all so much faster. As you well know, most of the time what we want and what we prefer is genuine human interaction.

Your customers on the web

Your current customers are never truly won over. They want to see you when they are browsing the web. For them, you having an on-line presence is a sign that they can trust you. It gives them the reassurance they need in their past and future transactions with your company. Make sure they can see you!

Your future customers on the web

These are the ones who don't yet know you. But they’re the ones you’re looking for. They're all the ones who want to communicate with you. Your on-line presence – and the way in which you manage it – are therefore of crucial importance. Make sure people know and recognize you!

  • Grow in France and at international level
  • Raise your profile
  • Promote your products and services
  • Develop business partnerships (with distributors, retailers, etc.)
  • Your business…

Global Medical Device is the perfect platform for giving impetus to your business !

Global Medical Device

a team focused on providing customer satisfaction 

First and foremost, Global Medical Device is a team of professionals from the medical devices industry who are structured into networks of consultants. Over the last 20 years, our databases have acquired the details of literally thousands of purchasers, sellers, consultants and qualified specialists – both from the medical profession and the healthcare industry, from France and overseas.

Global Medical Device is also a group of web marketing specialists, experts in using the most sophisticated techniques currently available.

Global Medical Device is a team of dedicated alchemists, relentlessly looking for new ways to improve the way in which the platform works so as to more effectively meet your requirements. User satisfaction is their number one priority! 

Global Medical Device is a group of consultants who will provide you with the support you need in your various initiatives, communications operations, transactions, etc.

Global Medical Device is YOUR community platform exclusively for medical devices and related services.

Register with Global Medical Device now – it's free!

The whole Global Medical Device team is delighted to welcome you to your new space !

With our very best wishes

Marc Baldini

VP & Head of Business Development

New activities