2. Market Growth Of Medical Devices
• Compound Annual Growth Rate: 3%
• USA- 5.8%
• UK-5%
• China-5.8%
• South Korea-5.6%
3. Opportunity In Bangladesh
• Market Size: 20,000 Cr Annual
• Fastest growth in the world in next 5 years
• Key Challenges: Skills, High cost of Raw Materials, Limited R&D
4. Conclusion
However, with the rapid advancement of technology and the increasing
complexity of medical devices, it is essential to ensure that these
devices are safe, effective, and meet regulatory requirements.
Overall, medical devices will continue to play a critical role in the
future of healthcare