Key View - Medical Devices Key View

摘要

Key View: The Asian medical device market will continue to outperform globally, recording high single-digit growth in weighted local currency terms and mid to high single-digit growth in US dollar terms, despite downside risks from increasing trade tensions and the global economic slowdown. Emerging Asia will grow at nearly twice the rate of Developed Asia, which will be constrained by cost-containment measures. Increased patient volumes due to ageing demographics, the rising incidence of chronic diseases and expanding healthcare systems, along with investment in new technology, will be the primary growth drivers. Tougher regulation and a hardened stance on reimbursement, together with increased market competition, will be constraining factors.