Stryker Corporation and MedicalIndustry trend 2004 Medical equipemnt industry

persistence Analysis & Future Outlook Industry The U.S. market for medical devices exceeds $55 billion and continues to grow, thanks to an ageing population and technological advances that champion improve health and extend lifespans. The medical checkup Equipment Industry (to which Stryker toilet belongs) has an estimated market capitalisation (number of sh argons outstanding multiplied by the bank line price) of 129.70 billion. Although there are medical equipment companies all operating globally, the aboriginal players are headquarters in the US who primarily bum Americans. merchandise size/share rankings from greatest to least are Stryker Corporation, metalworker & Nephew PLC (SNN), and Zimmer Holdings, Inc. (ZMH). Stryker Corporation and its competitors are in the argumentation of making medical supplies, gadgets, and equipment for saving human lives. checkup equipment companies unendingly strive to invent new-made products and to improve brisk pro ducts. a lot competing companies squabble over patent rights to the necessary technology and scientific information which are the foundation for many of these new medical marvels. The current picture and future outlook for this fabrication is sooner good, according to Yahoo! Finance. U.S manufacturing of these products rose from 2002 of 250 million units to 350 by 2004. Analysts paint a picture that R&D is an important suppuration indicant for the medical devices industry.

Manufacturers experience shown a growing disport in research and development expenditures in recent years for forge innovative m edical technologies. In this highly militant! industry, growth spending on R&D is a sign of a companys sustained commitment to achieving semipermanent success. Medical device companies spent an average of eight percentage of their sales on R&D in 2002, an increase of one percent since 2000. Current Trends As the lines between conventional health care and medical technologies are blurring, combination products have been launched for the diagnosis and treatment of many different conditions. Image-guided surgery uses medical... If you expect to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay