By Kim Choe
Medical technology is not often thought of as a big earner for New Zealand, but experts say it could become a billion-dollar industry.
Strapping on a new lease on life, Shirley Thompson has replaced a cocktail of antibiotics with her new humidifier.
"Since I've had this machine I've had no serious lung infections," she says. "I have cut down on a lot of the other drugs too, with good results."
The 'Airvo' pumps humid air into her lungs, loosening the mucus that causes infections, and - unlike other humidifiers - she can use it whenever she needs it.
"It's marvellous, this machine, because anyone can carry it and set it up anywhere, and I always take it away with me."
It was developed by Fisher & Paykel Healthcare, which is a world leader in the medical technology industry.
"They're spending 6.5 percent of their revenue on R&D," says Simon Hall of the Emerging Medical Technologies Group. "They have some 270 engineers based here in New Zealand, so they're a very strong, innovative company in improving existing products and coming up with new ones."
The Government has signalled an increase in investment for scientific research, which will help Kiwi companies grow overseas.
"New Zealand has got some great companies here who are really focusing on improving patient care and outcomes, and lifestyles of people in New Zealand and globally," says Mr Hall.
The companies aim to nearly double their revenues in the next five years, making medical technology a billion-dollar industry that will continue revolutionising healthcare worldwide.
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