Abstract
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.
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