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Europe Medical Devices Report Q4 2017

BMI View: The European medical device market will continue to record mid single-digit growth over the2016-2021 period, supported by good economic performances in the eurozone and emerging Europe,although we believe that economic growth will peak in 2017. The six main product areas will record midsingle-digit CAGRs in weighted local currency terms, making Europe the slowest growing region in theglobal medical device market. Due to local currency weakness, market growth will be lower in US dollarterms.

Latest Updates And Key Forecasts

We have revised our forecast and project the European medical device market will grow by a 2016-2021CAGR of 5.0% in weighted local currency terms, similar to our previous projection and slightly higherthan the 2011-2016 CAGR of 4.8%. This reflects the cyclical growth upswing that is fully underway inthe eurozone and strong growth in emerging Europe, although we expect 2017 to be a high water markfor growth in Europe. Market drivers will include the ageing population, the expansion of the privatehealth sector, projects to upgrade healthcare facilities, the receipt of EU and other international funding,and strong import reliance despite sizeable production.


BMI Industry View
Table: Medical Device Market Indicators, 2016-2021
Latest Updates And Key Forecasts
Industry Forecast
Latest Updates
Table: Medical Device Market By Sub-Region, 2016-2021 (USDmn)
Table: Consumables Market By Sub-Region, 2016-2021 (USDmn)
Table: Diagnostic Imaging Market By Sub-Region, 2016-2021 (USDmn)
Table: Dental Products Market By Sub-Region, 2016-2021 (USDmn)
Table: Orthopaedics & Prosthetics Market By Sub-Region, 2016-2021 (USDmn)
Table: Patient Aids Market By Sub-Region, 2016-2021 (USDmn)
Table: Other Medical Devices Market By Sub-Region, 2016-2021 (USDmn)
Structural Trends
Industry Risk Reward Index
Industry Risk/Reward Index
Industry Trends And Developments
Industry Round-Up
Western Europe Faces Strong Competition
Eastern Europe Will Register Above-Average Growth
EU-Japan Free Trade Agreement: Japanese Medical Industry To Be Lesser Beneficiary
Industry Trend Analysis
Table: Life Sciences Industrial Strategy: Key Proposals
Industry Trend Analysis
Industry Trend Analysis
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Sources
Contact
Risk/Reward Index Methodology
Medical Devices Risk/Reward Index
Table: Medical Device Risk/Reward Index, Indicators

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