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Major medical device companies such as GE, Siemens (SI) and Medtronic (MDT) are developing...

Major medical device companies such as GE, Siemens (SI) and Medtronic (MDT) are developing cheaper equipment that can generate sales in emerging markets and maybe even in cost-cutting developed countries. Rather than making devices more complex and expensive, the idea behind this "frugal innovation" is to strip them down as much as possible.
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Comments (2)
  • columnist77
    , contributor
    Comments (7) | Send Message
     
    This is so wise, given the economic conditions
    20 Jun 2012, 10:40 AM Reply Like
  • Sonia
    , contributor
    Comments (396) | Send Message
     
    Siemens will do well with this. They also make Bosch appliances and tools - my son has a Bosch dishwasher and is very happy with it. Quality German engineering.
    20 Jun 2012, 11:58 AM Reply Like
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