Saturday, November 11, 2006

Medical Device Update: Market Size in the UK for medical devices

[Click on Post Title for Link to External Article]

Knowing your demographics and market sizes is always important. This news article has been making the rounds on all biotech newsletters, but I still thought it is worth a mention.

The current lead markets in the world are supposed to be the US, Europe and Japan, with Australia hovering around there somewhere. Given this scenario, it is also interesting to see how Europe divvies up as a market, in terms of the individual countries.

Research and Markets, pegs the three nations as follows

Germany > France > UK ($5.6bn USD).

The article further points out past problems and future projections for the UK market that are quite interesting.

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