Members of the medical device industry expect the global economy to recover completely between the third quarter of 2009 and the second quarter of 2010, according to an in-house survey.
iCD Research, a division of Progressive Digital Media Group, surveyed 196 senior medical devices industry professionals during April and May 2009.
Go deeper with GlobalData
The Global Medical Devices Industry Outlook to 2010 Survey found that 57% of medical devices industry players surveyed were optimistic about the global economy recovering before the second quarter of 2010.
More than 70% of medical devices manufacturers, contractors and suppliers surveyed either expect an increase or stability in revenues, the survey said.
It also found that more than 50% of medical device manufacturers and contractors are looking to increase their procurement spend in the next 12 months.
Only 22% of medical devices manufacturers and contractors surveyed are looking to decrease spend, with the rest keeping purchasing levels neutral.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
