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

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=)