Japan tops Q1 growth estimates

Japan

A key market for the medical device industry showed some strong signs of life today, following sobering economic news out of Europe yesterday.

Japan, the world’s 3rd-largest economy and 2nd-largest medical device market, reported that its gross domestic product grew at an annualized rate of 3.5% during the 1st quarter and is up 0.9% from the previous quarter. Analysts had predicted a 2.8% annualized growth rate and 0.7% growth for the quarter.

Photo gallery: MassDevice.com’s Big 100 Roundtable West

MassDevice.com Big 100 Roundtable East, Boston, July 10, 2012

MassDevice held its 2nd annual Big 100 Roundtable West event in Newport Beach, Calif., December 11. A group of nearly med-tech executives and stakeholders gathered for an evening of networking, insight into medical device marketing and intimate interviews with David Pyott, CEO of Allergan; Tom Prescott, CEO of Align Technology; James Mazzo, president of Abbott Medical Optics; and Robert Grant, chairman and Strathspey Crown.