Tuesday, January 04, 2011 4:15 PM
Medical Device Industry Outlook: Healthy Prospects for 2011
The 2011 Medical Device Industry Outlook survey, conducted by Emergo Group and Medical Device Summit, has revealed cautious optimism. In terms of indicators such as expansion into new markets, expected sales trajectories and salary outlooks, the medical device industry expects to see a healthy rate of growth this year. More than three quarters of respondents expect overall sales to increase, with many seeing significant increases in international orders, and planning to expand into emerging international markets. More than half of respondents plan on hiring more in 2011.
More than three-fourths of all respondents are bullish on their prospects for next year, expecting overall sales to increase, the 2011 Medical Device Industry Outlook Survey shows. During the last 12 months, many saw significant increases in international orders, and plan to expand into emerging international markets, particularly China and Brazil. Smaller percentages of firms plan to expand into India. Other important industry barometers—salary levels and hiring plans—also suggest more...
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