Medical Technology and Industrial Dynamics: The United States and the Global Market
- 74 Downloads
In this chapter we explore the histories of some of the American manufacturers who now dominate the global hip-replacement market. We go on to examine how they have worked with surgeons, not least through technical representatives who visit hospitals and may take a part in the surgical operations. Worldwide, there are 18,000 manufacturers of medical devices, and over 70% of them are small companies with less than 50 employees.1 Some companies only have one or two specialist product lines, or conduct research for the large manufacturers. However, as in many industries, the large multi-nationals have most of the market share.
KeywordsMedical Device Medical Technology Parent Company Industrial Dynamics Device Company
Unable to display preview. Download preview PDF.
- 2.The Stryker frame was a bed which was designed in the 1930s in which the patient could be turned so as to prevent pressure sores that could become seriously infected. See Breneman, James C., The Stryker Story: Homer’s Iliad (Michigan: Phil Schubert and Associates, 1992).Google Scholar
- 4.Zimmer, In the Spirit of Excellence (Warsaw: Zimmer, 1986), 7.Google Scholar
- 5.See Guttmann, Ludwig, Spinal Cord Injuries: Comprehensive management and research (Oxford: Blackwell Scientific Publications, 1973), 5Google Scholar
- Ward, R.O., ‘The Management of the Bladder in Spinal Injuries’, in H. amilton Bailey (ed.), Surgery of Modern Warfare (Edinburgh: E & S Livingstone, 1944), 661.Google Scholar
- 37.Sarmiento, Augusto, Bares Bones: A Surgeon’s Tale (Amherst: Prometheus Books, 2003), 279.Google Scholar
- 45.Hubbard, Richard F. and Rodengen, Jeffrey L., Biomet: From Warsaw to the world (Fort Lauderdale: Write Stuff Enterprises, 2002), 35–6.Google Scholar
- 77.Angell, Marcia, The Truth About the Drug Companies: How they deceive us and what to do about it (New York: Random House, 2004).Google Scholar