New Zealand Medical Devices Q4 2018
The market will achieve moderate growth over the 2017-2022 period in local currency terms, and register slower growthin US dollar terms, reflecting the ongoing depreciation of the New Zealand dollar. The market will benefit from extra resources formedical infrastructure in the FY2018/19 budget, heavy reliance on medical device imports and the growing domestic productionsector. However, the District Health Boards' focus on cost efficiency and a stronger policy on medical device reimbursement arelikely to dampen the growth prospects of the New Zealand medical device market.
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