Jessica Crawford Comments on the Medical Device Tax and Med-tech Industry in NYS
Tuesday, February 3, 2015
Source: Today's Medical Developments
Firms have cash and are profitable, utilization rates are rising, and interest rates are extremely low. These growth themes create an incentive for investment while an aging population has increased the demand for medical care, including medical supplies and equipment. In addition, manufacturing plants are receiving significant investment in machinery and structures. Analysts also say that this pickup in manufacturing will underpin an acceleration in materials production.