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Australia Medical Devices Report Q4 2016

  • August 2016
  • -
  • Espicom Business Intelligence
  • -
  • 138 pages

Investment in Australia's research infrastructure will support development of the country's medtech sector and contribute to growth in the medical device market. We have revised up our medical device market forecasts on the back of key drivers such as ageing demographics, the increasing prevalence of chronic diseases contributing to rising hospital admissions and the government's commitment to innovation. However, a further weakening of the Australian dollar means that in US dollar terms the market will remain one of the slowest performers within the Asia region.

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Australia Medical Devices Report Q4 2016

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