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:8/1/2015)... ... ... Back packs can be dangerous? Whaaat?! , Not the danger that guns and ... kid's spine. With school starting again, most kids will be asking for new backpacks ... of how to help them prevent injuries by understanding backpack safety. , "Carrying more ...
(Date:8/1/2015)... NY (PRWEB) , ... August 01, 2015 , ... Calvary ... scroll currently housed at their Bronx campus. The goal is to bring this Torah ... again be used in Jewish rituals and religious services. , Scroll No. 515, ...
(Date:8/1/2015)... ... August 01, 2015 , ... On Tuesday, July 28th, Symantec released ... thought to have been behind the attack on Anthem Inc. which resulted in one ... exploits, watering hole attacks and spear phishing campaigns. , For Joe Caruso, ...
(Date:8/1/2015)... ... ... Phil Valentine – the Executive Director of Connecticut Community for Addiction Recovery (CCAR) – began ... and heading north. Since that day, Phil has hiked over 1400 miles in nine states. ... family. He visited CCAR and left an inspirational message to his staff: “You can ...
(Date:7/31/2015)... Indianapolis, Ind. (PRWEB) , ... August 01, 2015 , ... ... of the Global Advisory Panel on the Future of Nursing (GAPFON) 20-21 July 2015 ... were invited to participate in this meeting. , Dr. Silvia Cassiani, Advisor, Nursing and ...
Breaking Medicine News(10 mins):Health News:Local AlignLife Doctor Donates Time to Check Back Packs 2Health News:Calvary Hospital Announces Plans to Restore Historic Torah 2Health News:Calvary Hospital Announces Plans to Restore Historic Torah 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 2Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 4Health News:Connecticut Executive Hikes Appalachian Trail to Raise Awareness About Recovery. 2Health News:Key Latin American Nurse Leaders Identify Regional Issues During Global Advisory Panel on the Future of Nursing Meeting 2Health News:Key Latin American Nurse Leaders Identify Regional Issues During Global Advisory Panel on the Future of Nursing Meeting 3Health News:Key Latin American Nurse Leaders Identify Regional Issues During Global Advisory Panel on the Future of Nursing Meeting 4
... Free Online Tool Increases Physical ActivitySACRAMENTO, Calif., Jan. 13 ... active lifestyle is just a few clicks away with ... reduce the risk of chronic diseases like type 2 ... of all American women (47.7 percent) engage in at ...
... or exceed The Joint Commission,s OPPE and FPPE ... today announced two new services to help hospitals ... the performance of their physicians, as well as ... hospitals meet ongoing professional practice evaluation (OPPE) and ...
... Connect(TM) links health plan, physicians and community ... Jan. 13 Health Integrated, a pioneer ... people with chronic illnesses get the most ... Health Integrated,s groundbreaking Synergy Connect(TM) service actively ...
... serve as an affiliate sponsor of Alegra Motorsports during the 2009 GrandAm ... ... 2009 -- TodayMD , the nations leading medical internet marketing ... Motorsports one of the sponsors of the No. 22 car driven by ...
... Runway Collection by America,s Leading Fashion Designer Michael Kors, Will ... 13 The Buoniconti Fund to Cure Paralysis ... Grammy winner Seal will be the musical headliner ... at Bal Harbour Shops. The legendary Pointer Sisters ...
... case that could,affect one-third of American families, Cook County ... 10 month old child with a severe heart,condition to ... gave the,father custody of his 3 year old biological ... because most courts have not recognized stepfathers,as having any ...
Cached Medicine News:Health News:MyFitness Planner Really Moves You 2Health News:AllMed Announces PeerScore Solutions for Hospital Peer Review 2Health News:AllMed Announces PeerScore Solutions for Hospital Peer Review 3Health News:Health Integrated Unifies Care Community to Improve Physical, Psychological and Social Health of the Chronically Ill 2Health News:Health Integrated Unifies Care Community to Improve Physical, Psychological and Social Health of the Chronically Ill 3Health News:TodayMD Renews Race Sponsorship With Alegra Motorsports For A Third Year 2Health News:TodayMD Renews Race Sponsorship With Alegra Motorsports For A Third Year 3Health News:Multi-Platinum Recording Artist Seal Announced as Headliner for Destination Fashion 2009 Benefiting The Buoniconti Fund to Cure Paralysis 2
(Date:7/30/2015)... 30, 2015  Amgen (NASDAQ: AMGN ) today announced ... director of Warburg Pincus LLC, to the Amgen Board of ... Fred Hassan and the deep, global experience he brings ... Robert A. Bradway , chairman and chief executive officer of Amgen. ... serve Amgen well." Mr. Hassan has been Partner ...
(Date:7/30/2015)... 2015  Cleveland Clinic President Wael Barsoum , ... month that industry is compelled to adopt declining reimbursements ... efficiencies—and develop the transformational innovations -- required to thrive ... preceded by Doug Kohrs , past President and ... stressed that industry must add "episode of care," also ...
(Date:7/30/2015)... 2015  Growth of the U.S. nonprescription market is ... prescription users to the OTC market. Due to an ... Rx-to-OTC switch activity over the next five years with ... new brands entering the market into existing categories. ... years (even those with low to moderate likelihood), the ...
Breaking Medicine Technology:Amgen Announces Appointment Of Fred Hassan To Board Of Directors 2Amgen Announces Appointment Of Fred Hassan To Board Of Directors 3Orthopaedic Surgery Reimbursement Shifts to Episode of Care 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 3
... Elutra Cell Separation System is ... you to separate cell populations ... both size and density. This ... cell enrichment, depletion, concentration, and ...
... Distriman is a ... that is designed to ... used with Gilson DistriTip ... polypropylene syringes with level ...
... catheters are lightweight and balanced for smooth, ... feel and comfort, reducing fatigue in even ... allows a physician to easily steer the ... with just one finger. Reflexion's auto-lock technology ...
... - Quantum™ LEAP® balloon material and ... in the Quantum™ Maverick® Balloon Catheter ... balloon with exceptional deliverability. Easier to ... technology improves trackability and crossability through; ...
Medicine Products: