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Portugal Medical Devices Report Q4 2016

  • October 2016
  • -
  • Espicom Business Intelligence
  • -
  • 140 pages

The Portuguese medical device market is the second smallest in Western Europe and per capita expenditure is low by Western European standards. Most of the market is accountable to the public sector, which has implemented a 15.0% medical device price cut in 2013, as part of its efforts to contain publish health expenditure. The outlook for the industry is grim. On the one hand, companies are struggling in a contracting market of low prices and lower volume purchases. On the other hand, their sustainability is in danger as the public sector owed them around US$929mn by the end of Q114.

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Portugal Medical Devices Report Q4 2016

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