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Report: Medtech market in China to reach $5 billion this year

by Jeffrey Clark on January 18, 2012

The medical device market in China will rise 17% to $5 billion this year, according to a report from Citigroup.   China’s growth is no secret, yet medical device spending will be boosted by growing demand from hospitals as they modernize and improve their infrastructure.  The Citigroup report includes Medtronic, GE Healthcare, Stryker and Johnson & Johnson as the leaders in the market.

MedCityNews.com

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