Clinical Uses Lead Medical Electronics; Home Devices Show Most Growth

The clinical segment accounts makes up an estimated 70 percent of the medical electronics market, but home electronics is and will remain the fastest growing market, according to a release by MarketResearch.com.

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The worldwide medical electronics market grew an estimated 12 percent from $139 billion in total sales in 2010 to $156 billion in 2011. In the next five years, the market is expected to grow 9 percent a year, reaching $243.2 billion by 2016.

 

Sales in the clinical segment reached an estimated $109 billion in 2011, or 70 percent of the total market. Imaging followed, with an estimated $27.9 billion. And the home segment logged an estimated $19.1 billion in sales.

 

Read the MarketResearch.com release on medical electronics.

 

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