FDAnews Device Daily Bulletin

INCREASED R&D INVESTMENT ESSENTIAL FOR SUSTAINING GROWTH IN THE WORLD MEDICAL DEVICES MARKET

Sept. 7, 2005
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Participants in the medical devices market are currently facing the challenge of offering affordable products to customers while increasing investment in research and development (R&D). New analysis from Frost & Sullivan, (http://www.medicaldevices.frost.com), World Medical Devices -- Investment Analysis and Growth Opportunities, reveals that revenues in the U.S. market totaled $63.76 billion in 2004 and projects to reach $139.75 billion in 2011.

PR Newswire (http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/08-29-2005/0004095433&EDATE=)