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Maturity Stage of Medical Devices

Maturity Stage

At the maturity stage the growth rate of the medical product is saturated and no longer increases. Competition among competitors becomes stabilized t therefore it is difficult for new competitors to penetrate into the maketplace. Very often, in this stage, medical devices are stanardized, reliable, and in a relative low price.

Decline Stage

At the Decline stage, growth rate becomes negative, Number of direct competitors declines rapidly. Investors no longer spend money on research and development of the product.

Termination Stage

At the termination stage, demand of customers is terminated and therefore the medical devices no longer introduce into the marketplace.

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