Some
years back I was doing research on emerging market based medical devices
companies. From the early 90's I have seen a trend that Top 10 medical devices
companies have been opening their shop, initially the R&Ds focus was to
support the global R&D in terms of software and technology development, but
then these companies shifted their strategies on making devices and software for
emerging markets, whether its Philips innovation in china or GE with their
devices for the Indian market. Medtronic also ventured into the
race by plan of an R&D in China, and hope that it comes out with some
innovation for emerging marketWednesday, August 29, 2012
Emerging markets new gate away for Medical devices!
Some
years back I was doing research on emerging market based medical devices
companies. From the early 90's I have seen a trend that Top 10 medical devices
companies have been opening their shop, initially the R&Ds focus was to
support the global R&D in terms of software and technology development, but
then these companies shifted their strategies on making devices and software for
emerging markets, whether its Philips innovation in china or GE with their
devices for the Indian market. Medtronic also ventured into the
race by plan of an R&D in China, and hope that it comes out with some
innovation for emerging market
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Medical manufacturing companies are starting to grow until depression came. Nevertheless, these companies can still move up if they just implement the right plans and programs to combat depression.
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