Accuray Inc., which is a radiation oncology company, that engages in the development, manufacture and distribution of precise and innovative tumor treatments. The medical field has in the recent times been facing many uncertainties, which have led to the decrement in the investments directed to the medical production industry. Just like other companies, the company has been impacted by the global economic crisis; however, the increase of the medical equipment and supplies business has remained uninfluenced due to the fact that it is an essential sector. Even those marketplaces that are reducing growth in America, there are increases in other countries which ...
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...up. Reliance upon large customers is really a threat to medical field. The amounts of the buyers within the medical equipment and supplies market is actually comparatively low, and the price-to producers involving the loss of one can be significant and leading incumbents will be in competition with the other person to assure sales. As a result buyers get a certain amount of power over other market players because they are many.
Grassley, Specter. (2007). Introduce Transparency in Medical Device Pricing Act.
Hagerty, J. (2012). U.S. Loses Out as R&D Shifts to Asia - WSJ.com. Retrieved March 21,
Scannell and Bedell, (2004) “Orthopaedics”; and M. Hsu and F. Wise, “Orthopedics: Unique Market Dynamics Drive Steady Growth” New York: Bear Stearns.
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