Description

Since a major portion of the demand for healthcare doesn’t fall under the discretionary expenditure, medical devices industry is expected to be least hit. Having said that, medical devices market after all may not be completely immune to recession worries. Since the credit markets are tight, hospitals are likely to regulate and constrain their operations and spend less on hospital devices that are not critically required. Demands for devices associated with elective procedures are expected to shrink as people are forced to postpone such treatments. This short issue based research provides a picture of European medical devices market during economic slowdown.