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Invest carefully: analysts offer a mixed prognosis on a health-care sector under pressure.

By Paul, Katherine
Publication: Research
Date: Monday, March 1 2004

Chris Cooley

FTN Midwest Research

216.592.1965

Chris.Cooley@midwestresearch.com

Area of Coverage: Health care: Medical Devices: ophthalmic and cardiac

Outlook: We have a favorable outlook for the ophthalmic market and the cardiac space. In the ophthalmic space, there are three key drivers: new treatments for macular degeneration; new LASIK surgery techniques; and new contact lens materials and designs. We estimate growth in macular degeneration treatment and the LASIK surgery area. In the contact lens space, an explosion in

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