How Are Medtech’s Emerging Markets Faring?

world flagLow oil prices, volatility in the Chinese stock market, and geopolitical instability are all factors behind the economic uncertainty in emerging markets. Economists have their eye on the BRIC countries, as well as other developing economies, as they monitor for signs of slowing growth.

What does this mean for the medical device and diagnostics industry? Many of the largest medtech manufacturers have placed emphasis on the emerging markets in recent years, citing a large population in need of health care and rapid growth fueling infrastructure improvements. Will any potential emerging market shakiness correspond to weaker medtech sales? Or will the constant need for healthcare, no matter where the economy is headed, lend consistency to the medtech industry’s outlook?

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About Peter Coffaro 1436 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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