So the EU (European Commission) funds a collaborative project to develop a technology that addresses a very real (and rather high profile) clinical need. Collaborating companies benefit and so thrive and employ more people, in so doing addressing the need to do just that. This new continental collaborative concept might just work and if it does everyone’s a winner.
Europe
Report Says European Trauma Device Market Will Grow By 3% Per Year To $855 Million By 2016
It may seem a bit obvious to suggest that downward price pressure and more central contracts will be offset by an ageing population and growing procedure base in the trauma market for the next few years. But at least MRG has done its homework in what looks like a valuable and detailed report.