US cardiac device market to hit $4 billion by the year 2002:
This article was originally published in Clinica
Executive Summary
The US market for implantable cardiac devices is forecast to rise from $1,700 million in 1995 to over $4,000 million by 2002. Increasing demand, combined with the development of smaller, more user-friendly and less invasive devices, are fuelling market growth, says a recent Frost & Sullivan report. Companies which can demonstrate the cost-effectiveness of their products can expect success in the current economic climate, Frost & Sullivan believes.