Originally Published MX May/June 2001

Business Planning & Technology Development

Scores of product entries come down to this—some of the year's best offerings in the field of medical technology.

Steve Halasey, Flora Nguyen, and Stacey L. Bell

Innovation. It’s the word that seems to define the medical technology industry these days. Thanks to the technological advances making headway in every sector, today’s market is driven by the demand for cost-conscious products that are better, faster, easier to use, and more effective. As such, medical technology manufacturers are now finding that market success comes only with innovation, whether it means creating a product that improves the quality of healthcare or one that offers distinct advantages in functional and design elements.