2012 United States Medical Devices Outlook

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Report Excerpt

The United States healthcare sector presents numerous challenges from ever-escalating costs to inefficient, end-to-end management of diseases and conditions. Administrative, legislative, and regulatory bodies create bottlenecks in paths to market and further complicate the streamlined delivery of care. In the present environment, driving innovations that result in better clinical outcomes and quality of life for patients is of paramount importance. Of equal importance are innovations that lead to improvements in the tools that clinicians, diagnosticians, researchers, and healthcare administrators have the ability to improve quality and efficiency in the provision of healthcare services.

The medical device industry continues to be one of the most vital and dynamic sectors of the economy in the United States, and it is a leading force in the revolution that is transforming the United States healthcare system. This industry is constantly driven by innovative research and development, and it is striving to keep pace with increasing demand. Each therapeutic sector and product is governed by unique and distinctive issues and trends. The industry is undergoing a transition to adapt to new business models that are changing the way care is delivered and paid for in the United States.