The global medical devices market size was valued at $425.5 billion in 2018 and is expected to reach $612.7 billion by 2025, grow at a CAGR of 5.4%. More than 180,000 U.S. companies are involved in designing, developing, manufacturing, testing, marketing, packaging, and distributing medical devices in this thriving market. Today's Medical Developments serves the need of manufacturers and design professionals in medtech by featuring products, services, and techniques to help improve design and manufacture processes.
Trelleborg is looking to boost its global footprint in the health care and medical sector, and now they have someone in place to search for mergers and acquisitions in this space.