Mississauga, ON -- (SBWIRE) -- 01/21/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Guided Therapeutics Sees Significant Sales Growth in 2016."
Companies mentioned in this article include Guided Therapeutics Inc. (OTCBB:GTHP).
According to a report by global auditing and consulting firm KPMG, the past decade has been transformational for the medical device industry. Importantly, the report notes, the pace of transformation seems to be quickening.
KPMG notes that new regulatory requirements, increasing competition and rapidly emerging technologies are leading to new complexities and challenges for those operating in the sector. With governments across the world focused on reducing healthcare costs, medical device companies are now facing pressure to produce products at lower price points, adds KPMG in its report.
The KPMG report further notes that in the present environment, sales growth and new product development are the top two strategic priorities for medical device companies over the next 12-24 months.
The full version of this article can be found at:
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