| This industry revolves around approximately 130,000
medical devices that are used in hospitals, clinics,
physician’s offices, and alternate sites across
the globe. This is a worldwide market that does
$100 billion worth of business annually, 40% of
which is done just within the United States. There
are around 700,000 jobs available in this field,
in the American and European markets alone. These
include both technical and non-technical (such
as sales and administration) positions. The rapid
expansion this industry has seen has lead to increased
job availability, which is projected to result
in a compound growth of 18% over the next five
years, based on current trends.
The device industry can be broken down into ten
major product groups: cardiovascular, dental,
diagnostic, dialysis, minimal invasive, ophthalmic,
orthopedic, implantables, electromechanical, and
wound care. |