Revenues for Australian medtech sector hit $12B in 2012

02/19/2013 | Clinica (subscription required)

The medtech industry in Australia reported $12 billion in revenues last year, a 4% increase over 2011 that marked solid growth for the sector. "This is comparable to 3% growth in employment, 5% growth in revenue and 4% growth in R&D, which is the best test of future growth of the industry," aid Anne Trimmer, CEO of the Medical Technology Association of Australia.

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