The device industry released a report Feb. 13 in an attempt to counter what it says are mischaracterizations from the Congressional Budget Office and others about the medical device sector's contribution to rising health care costs
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Worldwide medtech sales totaled $8.5bn in Q2, up 6.1%. Sales grew 8% in the US and 4.1% outside the US. Cardiovascular, surgery and vision were the primary growth drivers. Acquisitions and divestitures had net positive impact of 200 basis points, largely due to the acquisition of Shockwave Medical.
A recent JAMA column called for the US FDA to create an online database of medical device labeling, arguing that the move would increase transparency and help researchers, among other benefits. Medtech Insight discussed the idea with the paper’s lead author.
An interactive look at recent executive-level company changes and promotions in the medical device and diagnostics industries.
