DYK: Still in Love with Innovation
Research will continue to be a priority for medical device manufacturers in 2017, according to a Global Market for Medical Devices report produced by Kalorama Information, a market research firm based in Rockville, MD. Medical device companies spend an average of 7% of revenue on research and development, with many expected to increase their spending as a percentage of revenue in the coming year.* Keeping innovation going.
*"Report Predicts Top Ten Medical Device Trends to Watch in 2017." www.aami.org. January 12, 2017. Web. February 23, 2017. (Click here to visit site.)