Key Market Indicators
Cypriot Medical Product Expenditure is projected to climb to €122 million by 2028, up from €119 million in 2023. This reflects an average annual growth rate of 0.4%. Despite this modest growth, Cypriot demand for medical products has seen a significant decline over the years. Since 2000, there has been a yearly decrease of 12.6% in demand. In 2023, Cyprus ranked 32nd in global medical product expenditure, with Iceland surpassing it by reaching €119 million. The leading countries in this sector were France, the United Kingdom, and Poland, holding the 2nd, 3rd, and 4th positions respectively.
Cyprus Medical Device Market Data and Forecasts
How much will Cyprus Medical Device Market grow to 2028?
Other Top Countries about Medical Device
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