2013-09-08 11:11:56 - New Medical Devices research report from Espicom Business Intelligence is now available from Fast Market Research
OVERVIEW OF THE MEDICAL MARKET IN PORTUGAL
Portugal remains one of the least developed countries within Western Europe. Additionally, an income gap remains between Portugal and richer OECD countries. BMI forecasts real GDP contraction in 2013, following contractions in 2012 and 2011. BMI believes that the country's aggressive fiscal consolidation drive as part of its EUR78.0bn (US$108.3bn) IMF/EU bailout package will keep domestic demand under significant pressure in the coming years. Weaker-than-expected growth will undermine the government's revenue-raising ability. Although the government is likely to implement further spending cuts, BMI continues to expect Portugal to restructure its debt in the coming years.
The medical device market is projected to expand by a low 2013-2018 CAGR of 2.2% in US dollar terms. The
market is valued at US$943.7mn in 2013, ranking as the fourth smallest market in Western Europe. The market is largely supplied by imports from the EU-27. Other medical devices and consumables account for just over half of the market, the remainder being accountable to orthopaedic & prosthetic products, patient aids, diagnostic imaging and dental products. Per capita expenditure is estimated at US$88.2 in 2013, ranking as the second lowest per capita expenditure in the region, behind Greece.
Full Report Details at
- www.fastmr.com/prod/672597_the_medical_device_market_portugal.as ..
In US dollar terms, medical device imports fell by 3.3% to US$744.8mn in the 12-months to April 2013. Except orthopaedic & prosthetic products and other medical devices, all the product areas recorded falls.
PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:
Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom's unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market
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The Medical Device Market Norway
The Medical Device Market Spain
For more information please click on the link to Espicom's Medical Market Reports
About Espicom Business Intelligence
Espicom Business Intelligence is a highly-regarded and established provider of business intelligence services. Founded in 1982 as MDIS Publications Ltd, the company changed its name to Espicom in 1992. Initially a publisher in a wide range of industries such as power generation and telecommunications, they now focus on the global pharmaceutical and medical device sectors. View more research from Espicom Business Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1025
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