Kronos MD

Welcome to future website of KronosMD Inc

A wholly owned subsidiary of Kronos Advanced Technologies Inc.,

This new division will become the Medical Device Research & Manufacturing Center of Excellence.  Kronos existing electronics manufacturing facility  will provide our future customers with additional integrated solution options and best-in-class manufacturing while also ensuring the delivery of quality medical devices and products that meets industry compliance requirements.

The U.S. medical device manufacturers market size was valued at USD 176.7 billion in 2020 and is anticipated to exhibit a compound annual growth rate (CAGR) of 5.0% over the forecast period. The rising prevalence of chronic diseases and the increasing geriatric population in the country are the key market drivers. The onset of chronic diseases is more commonly prevalent between the age group of 45 and 54 years. Consumable medical devices and patient aids, such as gloves, syringes, masks, PPE kits, infrared thermometers, pulse oximeter, and testing kits, observed a sudden upsurge in demand owing to the COVID-19 pandemic. The scenario set off lucrative opportunities for both existing players and new entrants.