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Home > News > Global medical device market outperforms drug market growth

June 2nd, 2008

Global medical device market outperforms drug market growth

Abstract:
Likewise, medical device technologies and products are increasingly converging with drug-related technologies. The area of stem cells and nanotechnology is having significant impact on tissue and bone regeneration, which may change the whole character of the "nuts and bolts" (pediments, screws, and even joint implants) part of the medical device industry. The medical imaging companies are not the only ones analyzing closely these convergence trends - Johnson & Johnson, Abbott Labs, Hoffman La Roche, and Baxter International represent four drug companies with strong business segments in medical devices.

Source:
wistechnology.com

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