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Is 2010 a Rebound Year for Devices?
Analysts at New York investment firm Leerink Swann predict a rise in the medical device sector in the coming year.The firm has released a 12-page outlook for 2010, which says that earnings in the sector will improve, and that investors will begin to see the allure of medical devices.Stabilizing hospital budgets will play a role, as hospitals restock inventories and capital equipment.One analyst calls out the strength of the atrial fibrillation, spine, and structural heart device markets.
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