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Home > News > The drugs giants are in trouble, but medical devices are booming

February 28th, 2008

The drugs giants are in trouble, but medical devices are booming

Abstract:
The long-term trends also look promising as the confluence of genomics, nanotechnology and high-speed computing make possible more elaborate devices. Futurologists at Deloitte, a consultancy, reckon the "medical home", chock full of new medical devices, will be a reality within five years. James Tobin, chief executive of Boston Scientific, an American devices giant, points to an ageing population, the proliferation of diseases, the demand for medical technology and the growing appetite for medical technology in emerging nations and insists "we're just beginning to scratch the surface."

Source:
economist.com

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