The state of U.S. med-tech: An industry snapshot (MassDevice)
The medical device sector was on the rebound in 2010 after a less-than-stellar 2009 performance, according to the latest report from industry lobby AdvaMed.
Revenues for publicly traded companies grew to $205 billion in 2010, a 4 percent increase from the $197 billion reported in 2009, which was a 0.1 percent slide from the prior year.
Net income spiked a whopping 57 percent to $12.4 billion, compared to 2009's $7.9 billion, largely thanks to relief from merger and impairment charges incurred in 2009, according to the ...
