Medical devices include technological based apparatus, appliance, instrument, and other such sources; these devices in various forms are intended to perform monitoring, diagnosis, treatment, and for therapeutic process. This industry majorly depends on the demand generated from medical service providing facilities. The highly efficient and expertise devices are the drivers of the medical device industry.

Growing number of surgeries and hospitalization, rising senior citizen population, and augmented spending capability are the major factors responsible for the demand of the medical devices. The medical device industry has developed a competition based on technical advancement through the collation of biological concepts and technology.