With 50 million residents and high per capita spending on healthcare, South Korea is one of the largest Asian healthcare markets, roughly equal in size...
Survey: Prosperous Year Ahead for Medical Device Industry
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Prospects look healthy for the global medical device industry according to results of the 2011 Medical Device Industry Outlook, a survey of more than 1,800 industry participants conducted by Emergo Group in collaboration with Medical Device Summit. Survey respondents indicated optimistic expectations both for themselves and for the industry as a whole, driven primarily by international business opportunities. Among the survey's key findings:
- 50% of respondents report increased international sales in 2010 68% of respondents plan to enter new international markets for the first time in 2011 China, Brazil and Indiawere seen as the markets with the highest growth potential in 2011 75% of participants expect their sales to increase next year 56% of participants expect to step up hiring next year