Phil Davis submits:
Guest post by Pharmboy
The health care equipment sub-industry for the next 12 months is neutral, according to S&P reports. The core product categories are historically recession-resistant and will continue to grow regardless of still-restrictive credit market conditions that may ultimately affect spending decisions at the hospital customer base. However, there is concern about hospital capital equipment spending amid tight credit market conditions and stressed municipal and state budgets, and there is mounting evidence of slowing demand for elective medical procedures as well as reduced procedure rates in areas that are not normally viewed as elective, such as interventional cardiology and orthopedics.