``Tremendous growth opportunities'' exist for American medical technology firms in emerging Asian markets, Edward Rozynski told the Medical Device Executive Forum on Feb. 10.
Medical technology firms will face a ``growth wall'' in the United States, Europe and Japan by 2000 but could offset the barrier with sales in China, Korea, Taiwan, India and also in Brazil. Rozynski is senior vice president of the Health Industry Manufacturing Association, which has offices in Washington and Singapore.
Emerging markets account for 12 percent of 1996's $130 billion global medical device market but will represent 25 percent of the projected 2005 market of $260 billion. Rozynski gave a preview of the group's ``1997 Global Medical Technology Update.''
The full report costs HIMA members $495, others $595. Distribution began Feb. 25.