In 2023, Italy led with 94 high-growth enterprises in the medical, dental instruments, and supplies sector, followed by Hungary with 68. Hungary experienced a significant year-on-year growth of 14.87%, while Portugal grew by 11.27%. In contrast, the Czech Republic experienced a slight decline of 0.93%. Stable numbers in Iceland and Norway show stagnation. Lithuania and Slovakia saw moderate growth, indicating potential emerging markets.
Future Trends to Watch:
- Hungary's rapid growth may result in increased market share and investment opportunities.
- Portugal's consistent expansion suggests potential as a burgeoning hub for medical supplies.
- Innovations and technology integration are likely to drive the sector's growth across Europe.
- Policy and regulatory changes might impact future growth patterns, especially in less dynamic markets like Norway and Iceland.
Top countries in Number of High Growth Enterprises in Medical, Dental Instruments and Supplies by Country
| # | 9 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 94 | 2023 | +9.3% | +4.62% | View data |
| 2 | 2 Hungary | 68 | 2023 | +15.25% | +14.87% | View data |
| 3 | 3 Portugal | 29 | 2023 | +20.83% | +11.27% | View data |
| 4 | 4 Romania | 21 | 2023 | +31.25% | +5.59% | View data |
| 5 | 5 Czech Republic | 21 | 2023 | 0% | -0.93% | View data |
| 6 | 6 Lithuania | 16 | 2023 | +14.29% | +7.78% | View data |
| 7 | 7 Slovakia | 7 | 2023 | +16.67% | +11.84% | View data |
| 8 | 8 Norway | 2 | 2023 | 0% | 0% | View data |
| 9 | 9 Iceland | 2 | 2023 | 0% | 0% | View data |
