The report — “U.S.-China Tariff War Implications for the Healthcare Industry” — also predicts that when it comes to low-end consumable medical products, U.S. health providers, payers and even the people using the products will have to pay more. The report cites a previous American Hospital Association prediction that the tariffs will raise the costs of medical equipment and supplies by at least $160 million per year.
Could the U.S.-China trade war stifle medical device innovation?
Frost & Sullivan.
Makers of high-value medical devices such as MRI machines will likely swallow the cost of the U.S.-China trade war, but that means cutting R&D and other costs, according to a new report from