From Staples to Stents: Medical Device Sector Invests $2.4 Billion in Active Capital and MRO Projects

SUGAR LAND--March 6, 2015--Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas)--Just to keep up with the burgeoning demand, the medical-device sector has $2.4 billion in active reported capital investment in North America, despite the burden of the controversial 2.3% medical device excise tax ushered in with the Affordable Care Act. A recent analysis of active reported projects in Industrial Info's Pharmaceutical- Database revealed 135 projects representing a total investment value (TIV) of $2.4 billion. Within this article: Details on medical-device projects in the U.S., including those from major companies such as Baxter International (NYSE:BAX), Illumina Incorporated (NASDAQ:ILMN), REIT BioMed Realty Trust Incorporated (NYSE:BMR) and MicroPort Orthopedics.