Orthopedic companies are giving up on the US Market. Throwing in the towel.
Orthopedic device companies have found themselves in the center of a storm of converging trends of economic, regulatory, and reimbursement uncertainty with the US market.
In order to deliver earnings and dividends to their shareholders, the big Orthos have no choice to ignore the largest market in the world - America. The resulting dynamics are that the big Orthos are moving their resources, inventories, training, clinical studies and R&D efforts into outside US markets, such as the BRIC countries.
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