Globalization has a dramatic impact on the the United States economy. Major American suppliers of medical instruments and pharmaceuticals have a global presence. From historical perspective, companies in developed countries have promoted globalization by providing products and services into developing countries and emerging markets, and at the same time enjoying benefit of economies of scale. For the time being, the situation has changed developing countries are expanding and suppling their services into developed countries with quality products and services at considerably lower cost. The advantages of globalization reflected on development and manufacturing of products, which led to increase in global sales. Global companies have research
