June quarter results mostly mirror the preceding quarter as a host of macro headwinds (including price and procedure volume pressures) continued to haunt the MedTech industry and weighed on the performance of the incumbent players. Although a number of these issues are expected to linger over the second-half of 2011, the industry is expected to fare relatively better this year thanks to several tailwinds and growth opportunities.
Industry Dynamics
The global medical devices industry is fairly … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards