Industry Trends And Developments - Medical Devices Industry Round-Up

摘要

The Asia-Pacific region will maintain its global economic outperformance, driven by expanding economies in Emerging Asia, which will support above average medical device market growth. We now expect regional real GDP growth to come in at 4.4% in 2020 and 4.5% in 2021, versus 2.7% and 2.9% for the globaleconomy. The lingering impact of US-China trade tensions will continue to dampen economic activity across the region in 2020, althoughan uptick in economic growth in Australia, India, Singapore and Thailand will offset a further slowdown in China's economy. Cost containment measures in key medical device markets, along with rising political risks around identity politics and China's growing diplomatic hegemony across the region, will weigh on investor confidence and hinder regional performance.