Companies that overcome these hurdles, however, can reap large profits if their products succeed.
the medical and surgical products industry is growing rapidly.
The value of shipments of surgical and medical instrument manufacturers totaled approximately $23.56 billion in 2001
employs more than 100,000 individuals
One of the largest manufacturers of surgical and medical instruments and apparatus is Baxter International Inc. and its subsidiary, Baxter Healthcare Corp.
Surgical instruments are tools or devices that perform such functions as cutting, dissecting, grasping, holding, retracting, or suturing. Most surgical instruments are made from stainless steel.
Food and Drug Administration (FDA) regulation.
New materials, such as stainless steel and plastics, broadened the scope of the device and apparatus industry. New equipment such as catheters, suction devices,
By the close of the twentieth century, the medical and surgical equipment business had become one of America's leading export industries.
The 1990 Safe Medical Devices Act (SMDA), which defined procedures for bringing medical products to the market,
In the early 1600s, an Italian professor named Sanctorious
Some of the largest general categories of equipment are hand instruments, monitoring equipment, intravenous apparatus, syringes, and catheters.