Dynamic European Medical Device Market Poised to Grow by Nearly 10% in 2008, According to Medtech Insight/Windhover Information Inc.

IRVINE, Calif.--(BUSINESS WIRE)--Fueled by factors such as aging populations across Europe, increased spending on medical technologies, and the recent accession of more fast-developing, former Eastern European states into the EU, the total European medical device manufacturing market--the second-largest market for these products globally and a vital portion of the region’s economy--is expected to continue its expansion and grow by nearly 10% in 2008. Keeping up with the plethora of shifting regulations, products under development, and manufacturers impacting these complicated markets is difficult, but is vital for any device company or investment firm looking to invest in Europe.

MORE ON THIS TOPIC