Netherlands Medical Devices Q1 2021
The medical device market will see mid single-digit growth in euro terms through to 2024. Despite downward pressureon costs, health expenditure will continue to grow due to the healthcare needs of the expanding elderly population, which will be aprimary driver in the market. However, cost containment in the health sector, which will continue under the coalition governmentappointed in May 2019, will be a restraining factor. A significant second-wave of Covid-19 cases in the Netherlands will slow therebound in economic growth. The daily number of new Covid-19 cases has more than doubled over the course of August toconsistently reach above 500 through the latter part of the month. The surge of Covid-19 infections will slow the recovery in privateconsumption and business investment.
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