Navigation Links
Although the Health Care Market is Recession-Resistant, It Is Not Recession-Immune, According to Millennium Research Group's Medtech Economic Quarterly Publication
Date:5/28/2009

WALTHAM, Mass., May 28 /PRNewswire/ -- According to Millennium Research Group's (MRG's) Q1 2009 issue of Medtech Economic Quarterly (EQ), the health care and medtech industry has long been considered a recession-resistant segment of the economy; while this may be true, however, it is not recession-immune.

Medtech markets have already felt the impact from the downturn, although not all segments have been equally affected. Aesthetic and more elective markets have been hardest hit, with capital-intensive markets, such as diagnostic imaging, also feeling the pinch. Markets that address critical, acute care concerns such as cardiology have suffered little damage from the economic crisis, but are nonetheless showing that nothing is isolated from the recession's effects.

Not all indicators are negative, however. Exclusive MRG data from the new Medtech Confidence Index (MCI), which looks at the general economic outlook of practitioners in medtech, suggests that there is some reason for optimism. Many market players, based on preliminary 2009 MCI data, are cautiously feeling more bullish about the medtech industry's short-term prospects. Overall, however, general sentiment remains highly negative, and thus the relative optimism should only be interpreted as a slight increase in outlook relative to a dismal Q408.

If members of the media would like to receive a free copy of EQ, please contact Amy Krohn at 416-364-7776 ext. 101 or akrohn@mrg.net.

About Millennium Research Group

Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company (www.DecisionResources.com), is the global authority on medical technology ma
'/>"/>

SOURCE Millennium Research Group
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Although Swine Flu Cases Are Up, U.S. Officials Are Guardedly Optimistic
2. Alaska Long Term Care Costs Highest in the Nation, Although Growth in Costs Trails National Average, According to Annual Genworth Financial Study
3. Although Interest Rates Plunge, Credit Reporting System Prevents Many Borrowers From Seizing Opportunities
4. Although Remicade and Humira Are Being Increasingly Prescribed for Crohns Disease and Ulcerative Colitis, Insurers Are Subjecting Both Drugs to Multiple Cost-Control Strategies
5. Kyowa Hakko USA Announces GRAS Self-Affirmation for Novel Brain Health Ingredient Cognizin(R) Citicoline
6. HeartMath Launches a Certification Program for Health Professionals that Targets Patients' Stress and Anxiety
7. Hidden Health Tax for Family Health Care Coverage Climbed to $1,017 in 2008
8. HealthEdge(R) to Demonstrate the Award-Winning HealthRules(R) Software Suite at AHIP Institute 2009
9. MyOutcomes Urges Government Leaders to Employ Consumer-Driven Outcomes Management in Reforming Behavioral Health System
10. Voters Urged to Support Budding Moves to Include Long Term Care in National Health Reform
11. InfuSystem Receives Accreditation from the Community Health Accreditation Program (CHAP)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Jolla, Calif. (PRWEB) January 22, 2015 ... Assemblymembers Susan Bonilla (D-Concord) and Kristin Olsen (R-Modesto) ... for their leadership in advancing biotechnology, biomedical science, ... Bonilla and Olsen each received the “2014 Life ...
(Date:1/22/2015)... City, Florida (PRWEB) January 22, 2015 IsoComforter, ... cold therapy machine with patented IsoTube design to treat specific ... has introduced the most progressive and easy to use patented ... treat post-operative and sports related orthopedic and muscle injuries. ...
(Date:1/22/2015)... Payday lending practices in four southern states ... distress to the states that permit them, according to ... on Race and Wealth. , While they generate hundreds ... at the same time substantially depress economic activity, according ...
(Date:1/22/2015)... 2015 As interest in the value of ... momentum worldwide, Rev. Eric J. Hall , president and ... (HCCN), will be the keynote speaker on January 27 at ... health system. , The conference, “Hope and Resilience: Innovative and ...
(Date:1/22/2015)... has released a new blog post presenting a list of vehicles ... , Some types of vehicles cannot be covered under an ... post to see if their vehicle qualifies for auto insurance coverage. ... the cars that cannot be covered by a plan. Clients have ...
Breaking Medicine News(10 mins):Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 3Health News:IsoComforter Introduces Best of Class Cold Therapy Product to the Worldwide Market 2Health News:Howard University Spotlights the Economic Impact of Payday Lending in Southern States 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 3Health News:Some Vehicles Cannot Be Covered By An Auto Insurance Policy! 2
... Board of Directors , , Expected ... N.J., March 18 eFoodSafety.com, Inc. (OTC Bulletin Board: ... portfolio of aesthetic, dermatology, environmental and nutraceutical products, today ... Inc. to Nuvilex, Inc. The Company is also announcing ...
... CHICAGO, March 18 International Components Corporation (ICC), ... portable rechargeable systems, today launched a new series ... The new 150-watt series, designed for both industrial ... converter efficiency of up to 94% and an ...
... Transplanted Into the Jaw to Generate Dense Bone Tissue ... Jason Morgan needs a dental implant to restore ... be difficult due to a lack of strong, healthy ... Southern California-based dentist and founder of Platinum Dental, will ...
... repercussion in the treatment of epilepsy has been ... Mintzer, M.D., assistant professor in the Department of ... Jefferson Medical College of Thomas Jefferson University. ... most commonly prescribed anti-seizure medications may lead to ...
... device,manufacturer Ziehm Imaging launched the new, compact Ziehm ... in Vienna. This agile and versatile,C-arm delivers excellent ... provides flexible image display options and exceptional flexibility ... designed to meet the needs,of pain management and ...
... of comprehensive medical record solutions for healthcare providers, ... Wednesday, March 25th at their headquarters in Paramus, ... will focus on the rollout of the new ... to promote the integration of electronic medical records ...
Cached Medicine News:Health News:eFoodSafety.com, Inc. Changes Name to Nuvilex, Inc., Reflecting New Strategic Direction of Company 2Health News:eFoodSafety.com, Inc. Changes Name to Nuvilex, Inc., Reflecting New Strategic Direction of Company 3Health News:eFoodSafety.com, Inc. Changes Name to Nuvilex, Inc., Reflecting New Strategic Direction of Company 4Health News:Convection Cooled 150-Watt Open Frame Power Supply Meets Medical and Industrial Safety Standards 2Health News:Southern California Dentist First on the West Coast to Perform Concentrated Stem Cell Transplant for Dental Implant Procedure 2Health News:Southern California Dentist First on the West Coast to Perform Concentrated Stem Cell Transplant for Dental Implant Procedure 3Health News:New research suggests common anti-seizure medications may increase risk of cardiovascular problems 2Health News:Ziehm Imaging Introduces Ziehm Solo C-arm, Featuring a Versatile set-up in the OR and Exceptional Image Quality 2Health News:Ziehm Imaging Introduces Ziehm Solo C-arm, Featuring a Versatile set-up in the OR and Exceptional Image Quality 3Health News:Microwize to Hold Free Stimulus Package Workshop for Medical Industry 2Health News:Microwize to Hold Free Stimulus Package Workshop for Medical Industry 3
(Date:1/23/2015)...  HyGreen, Inc., a leader in hand hygiene monitoring, today ... a subsidiary of Ascendis Health Limited, in ... hundreds of millions of patients around the world are ... from patient to patient via the unwashed hands of ...
(Date:1/23/2015)... , Jan. 23, 2015   Leatt Corporation  (OTCQB: ... protective equipment for all forms of sports, including extreme ... neck brace, announced today that the UISP Lega Motociclismo ... requires all riders to wear a neck brace during ...
(Date:1/23/2015)... , Jan. 23, 2015 Tianyin Pharmaceutical Inc. (NYSE ... specializes in the development and sale of patented biopharmaceutical ... active pharmaceutical ingredients (API) today announced the business and ... operation. 1. Following the September 2014 JCM ...
Breaking Medicine Technology:HyGreen Partners with RCA Medical in Johannesburg, South Africa 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3TPI's JCM Updates on Import Registration for International Clients 2TPI's JCM Updates on Import Registration for International Clients 3TPI's JCM Updates on Import Registration for International Clients 4
... Levels With Doses an Order of Magnitude Lower than ... , , BETHESDA, Md., June 24 Spherix ... diabetes therapy, and a provider of technical and regulatory ... today announced positive preliminary results from a Phase 2 ...
... comply with recent FDA guidance for earlier testing-- ... Covance Inc. today announced ... Food and Drug Administration (FDA) guidance on Metabolites in ... human absorption, metabolism and excretion (AME) testing in support ...
Cached Medicine Technology:Spherix Announces Positive Phase 2 Study Results 2Spherix Announces Positive Phase 2 Study Results 3Spherix Announces Positive Phase 2 Study Results 4Spherix Announces Positive Phase 2 Study Results 5Spherix Announces Positive Phase 2 Study Results 6Covance Announces Integrated Radiolabeled Clinical Pharmacology Studies 2Covance Announces Integrated Radiolabeled Clinical Pharmacology Studies 3
Micro Dissecting Curette, 5 1/2", Round....
26 cm - 10 1/4, 140 mm - 5 1/2, bayonet-shaped, flexible, 90 angle, 4 mm...
14 cm, very delicate, round cupped jaws, straight jaws, 3.0 mm...
Toothed pituitary rongeur. Straight....
Medicine Products: