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TIMING AND MAGNITUDE OF RECOVERY OF $300 BILLION GLOBAL MEDICAL DEVICES AND DIAGNOSTICS MARKET ANALYZED IN NEW REPORT FROM HEALTH RESEARCH INTERNATIONAL

HUNTINGTON BEACH, Calif.-April 5, 2010--(BUSINESS WIRE)--A new, comprehensive report published by Health Research International—entitled “Opportunities in Global Medical Devices and Diagnostics” and distributed exclusively by Life Science Intelligence—provides “must-have expert analysis” of the critical trends and developments impacting the global medical devices and diagnostics (MD&D) market through 2014.

The $300 billion global MD&D industry experienced negligible growth in 2009 as the worldwide economic downturn produced cutbacks in hospital capital budgets and reductions in hospital admissions and elective surgeries.  Uncertainty regarding changes in the U.S. health care system, coupled with continued severe cost constraints on global health care systems in general, have sustained this trend into early 2010.

Although demographics and the growing prevalence of age-related diseases would appear to support resumed market growth, MD&D suppliers are understandably concerned about the timing and magnitude of market recovery as competition intensifies for increasingly scarce health care funds. 

This 570-page report includes the timing and magnitude of market recovery by technology and clinical application and it provides individual market, geographic and competitive assessments for 20 major technology segments (90 individual product markets), including:

 

These are complemented by statistics and discussions of the major clinical applications driving use of MD&D products (e.g., cancer, cardiovascular disease, diabetes, musculoskeletal disease, renal disease, etc.). 

The econometric market models built from the demand side have been compared with and verified by supply-side data developed through detailed analyses of MD&D sales for more than 540 companies, of which the top 25 are profiled in the report.  As a result, we believe that this report includes the most comprehensive and accurate assessment of developments in the global MD&D marketplace currently available.

View further details on this new report at: http://www.LifeScienceIntelligence.com

About Health Research International (HRI)
Since 1978, Health Research International (www.healthri.com) has been providing the pharmaceutical and medical device industries with reliable, comprehensive and meticulously researched custom market data and analysis.  Quality, experience and a thorough understanding of competing medical technologies have been the cornerstones of our custom consulting, on-line surveys, and market reports.

About Life Science Intelligence (LSI)®
LSI delivers high-quality market data and competitive intelligence to medical technology executives, entrepreneurs, and investors.  LSI produces the Emerging Medical Technologies® database, Emerging Medical Technologies® online meetings, medtech market reports, and provides global custom market research services.  www.LifeScienceIntelligence.com

Contact:
Life Science Intelligence
Scott Pantel, 1-714-847-3540
scott@LifeScienceIntelligence.com