The European landscape of high growth enterprises in medical, dental instruments, and supplies saw Italy leading with 36.11% in units as of 2023. Hungary followed with 26.12%, with Portugal, Romania, and Czech Republic sharing significant portions at 11.14%, 8.07%, and 8.07% respectively. Countries like Lithuania and Slovakia showed upward trends in the past year with Lithuania increasing 7.78% and Slovakia 11.84%. However, Norway and Iceland remained static with no growth, and the Czech Republic slightly declined by 0.93%.
Future trends to watch include:
- Potential acceleration in Hungary, which grew by 14.87% last year, indicating strong future innovation capacity.
- Portugal's steady growth of over 11% showcases a robust emerging presence in the sector.
- Italy's strong share could face competition as Eastern European countries increase their contributions.
- Stagnation in Norway and Iceland suggests possible future policies or investments to invigorate growth.
Top countries in Number of High Growth Enterprises in Medical, Dental Instruments and Supplies Share by Country (Units (Enterprises))
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36.11 | 2023 | +9.3% | +4.62% | View data |
| 2 | 2 Hungary | 26.12 | 2023 | +15.25% | +14.87% | View data |
| 3 | 3 Portugal | 11.14 | 2023 | +20.83% | +11.27% | View data |
| 4 | 4 Romania | 8.07 | 2023 | +31.25% | +5.59% | View data |
| 5 | 5 Czech Republic | 8.07 | 2023 | 0% | -0.93% | View data |
| 6 | 6 Lithuania | 6.15 | 2023 | +14.29% | +7.78% | View data |
| 7 | 7 Slovakia | 2.69 | 2023 | +16.67% | +11.84% | View data |
| 8 | 8 Norway | 0.77 | 2023 | 0% | 0% | View data |
| 9 | 9 Iceland | 0.77 | 2023 | 0% | 0% | View data |