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A medical device can be any instrument, apparatus, implement, machine, appliance, implant, reagent for in vitro use, software, material, or another similar or related article, intended by the manufacturer to be used, alone or in combination for a medical purpose.
Medical devices are used to diagnose, prevent, mitigate, treat, or cure disease or other conditions, and, unlike a pharmaceutical or biologic, achieve its purpose by physical, structural, or mechanical action but not through chemical or metabolic action within or on the body.
US medical device market is expected to gain market growth in the forecast period of 2020 to 2027. It is analyzed that the market is growing with a CAGR ofXX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027.
2022
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