In the US, the Manufacture of Medical Devices and Supplies Includes 12,000 Companies with Combined Annual Revenue of about $50 Billion

Manufacturing medical devices and supplies in this country is done by about 12,000 various companies and has a combined revenue of $50-billion annually. Demand appears to be driven by population demographics and advances in medical technology. Where large companies will find continued success by investing in research and development, smaller companies can thrive by specializing in a focused market segment. Highly specialized medical treatments are driving the medical device manufacturing industry to also become specialized. For example, many medical device manufacturers will strive for one particular area of medicine and sometimes in just one type of treatment. By remaining focused on one aspect of the industry, companies can develop superior products and provide strong customer service. The article gives further information about investing in the medical device industry and how to subscribe to quarterly industrial profile reports. These reports detail topics such as, industry overview, industry forecast, business challenges, trends and opportunities, website and media links, etc.  Read the full Genetic Engineering News article.

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