Europe Medical Devices Q1 2019
The European medical device market will continue to record mid single-digit growth over the 2017-2022 period,supported by the ageing population, private healthcare expansion, healthcare infrastructure developments, and heavy importreliance. However, economic growth is set to slow throughout the CEE region and the eurozone, which will contain market growth.The six main product areas will record mid single-digit CAGRs in weighted local currency terms, making Europe the slowest growingregion in the global medical device market. Due to local currency appreciation in a number of markets, growth will be higher in USdollar terms.
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