Abstract
Unlike other, more independent industries, the medical equipment industry is dependent on the medical profession for clear answers about the basic role and applications of medical equipment. In addition, to create an organized investment policy, a 5-to-10-year outlook is necessary. The present arrangement of equipment design by industry and applications research and teaching by the universities has allowed medical progress to reach today's heights, resulting in stunning achievements such a life expectancy in the industrial nations of 75 years of age and older.
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