A look at the medical equipment market to date shows that medical products are still in demand.Medical devices are a growing segment, with the average price of a medical device exceeding $100 million, according to a new report from the Medical Device Alliance.The report, which is based on data from the Medtech and MediMed markets,…
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Anatomy of a medical instrument: The instrument stands
In the US, medical instrument sales are growing, but the trend of more complex instruments is still on the rise.The latest data from the National Instrument Data Center shows that sales of surgical instruments and instruments for orthopedic and neurosurgery have doubled since 2013, with the number of medical instruments increasing by about 10% annually.In…
Phoenix medical instrument sells out of medical instruments
PHOENIX (AP) Phoenix medical instruments company Phoenix Medical Instruments says it’s selling out of its most popular medical instrument, the Phoenix Electrolurgical, as consumers flock to the brand for a more affordable price.The company posted Monday that its sales for the Electrological rose 17% in its most recent quarter, to $2.6 billion.The Electrolical, also known…