The Potential FDA Impact of the 2018 Presidential Budget Request

Introduction
Innovation is a main driver of every industry. This is especially true for medical device companies which, in conjunction with surgeons, are inventing, developing, and commercializing technologies to improve clinical outcomes for patients worldwide. With over 6,500 medical device companies in the United States alone, the global device market is expected to reach $543.9 billion by 2020. This growth, driven by an aging population, increasing healthcare expenditure and technology advancement, will drive the Food and Drug Administration (FDA) to review an ever-increasing number of dev...


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