Abstract
If your health practitioner has used a syringe, tongue depressor (to look at your throat), pacemaker, stethoscope, X-ray or MRI scan, blood test, dental filling or joint implant to treat you, you’ve encountered a product from the medical technology industry.
That industry is diverse, ranging from high-tech patent-rich global corporations to small businesses that operate only in Australia. It is claimed to employ more than 19,000 people in Australia and have a turnover of around A$12 billion in 2012/13. Operating margins have been around 25%.
That industry is diverse, ranging from high-tech patent-rich global corporations to small businesses that operate only in Australia. It is claimed to employ more than 19,000 people in Australia and have a turnover of around A$12 billion in 2012/13. Operating margins have been around 25%.
Original language | English |
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Pages | 1-3 |
Number of pages | 3 |
Volume | 2016 |
No. | Septembe |
Specialist publication | The Conversation |
Publisher | The Conversation Paperpress |
Publication status | Published - 27 Sept 2016 |