Nigeria Medical Devices Report Q3 2018
The Nigerian medical device market will record double-digit growth in local currency terms and lower growth in USdollar terms due to further depreciation of the naira. The market will benefit from an improved outlook for the economy and willremain almost entirely reliant on imports. The large population and highly underdeveloped healthcare sector offer huge long-termpotential, but chronic underfunding and the chaotic management of public healthcare services, exacerbated by the insurgency inthe northeast region, will continue to restrict market growth in the medium term.
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