Steady Growth Expected for Global Drug Device Combination Market

Share on Facebook
The global drug device combination products market is forecasted to grow at a 7.9 percent compound annual growth rate, reaching $115.1 billion by 2019, according to a news release.

In 2012, the market was valued at $66 billion.

Drug device combination products combine a drug and medical device to be produced as a single product, such as infusion pumps, inhalers, coronary stents and intraocular implants.

The growing elderly population is contributing to the rise in demand for drug device combination products, according to the report.

More Articles on Medical Device Markets:


Global Medical Device Packaging Market to Reach $26B by 2017
Medical Bionic Implant Market to Hit $18B by 2017
Wearable Medical Device Market to Reach $6B by 2019

© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

New from Becker's ASC Review

5 Recent Articles on ASC Supplies & Management

Read Now