The global medical device technology market is projected to exhibit a significant growth, at a CAGR of around 5.4%, during the forecast period. The high adoption of technological advancement is one of the major driving factors for the growth of the global medical device technology market. The technology can confirm a diagnosis that provides a practitioner to start treatment much earlier. The medical device technology is advancing at a rapid pace along with the new ablation methods to enhance atrial fibrillation treatments, miniaturized diagnostic system and new implantable rhythm management devices which reduce procedure with less invasive. The technological development has prompted the introduction of new devices and products in the medical device technology market are expected to grow during the forecast period.