The French medical devices market in 2008 The French Medical Devices market, which grew by about 11% between 2006 and 2008, is estimated to represent about 6.2 billion euros for 2008, on the basis of a constant $/€ exchange rate in order to eliminate currency exchange rate effects.
(sources: Espicom, Business Intelligence, 2008)
According to SNITEM data, obtained by means of an observatory, the market breaks down as follows: |
This observatory relates to 14 sector-based groups set up in 2006 making it possible to detect trends in the evolution of the MD market. While some groups are witnessing a growth in sales, others have suffered a considerable drop over several six-month periods, resulting in a drop of the market.
For example, all 14 sector-based groups mentioned above showed a + 5.07 % increase in their turnover between 2006 and 2007 compared with only + 1.79 % between 2007 and 2008.
Even if it only concerns a "segment" of the market, this slow-down in growth of over 3 points can be explained as being one of the consequences of the structural measures undertaken over the past few years.
(sources : SNITEM, 2008)
Download the details of the 8 product groups, MD Industry in 2008
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The world market
In 2008, the world Medical Devices industry was estimated to represent 166.7 billion Euro (US $210.2 billion) (at a constant exchange rate).
The world medical devices market breaks down as follows:
N & S America: 77,7 billion Euro (US $97.9 billion)
Europe (East & West) : 53.6 billion Euro (US $67.5 billion)
Asia/Pacific : 31.1 billion Euro (US $39.3 billion)
Rest of the world (Africa and Middle East): 4.3 billion Euro (US $5.5 billion)
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The European market
In 2008, European Medical Devices industry was
estimated to represent 53.6 billion Euro (US $67.5 billion) (at a constant exchange rate).
This breaks down per country as follows:
Germany: 9.9 billion Euro (US $12.4 billion)
United Kingdom: 7.8 billion Euro (US $9.9 billion)
France: 6.2 billion Euro (US $7.8 billion)
Italy: 5.8 billion Euro (US $7.3 billion)
Spain: 3.2 billion Euro (US $4.1 billion)
Other countries : 20.6 billion Euro (US $26 billion)
Download the table showing how the US $ market corresponds to the Euro market together with the Espicom methodology
Download the Espicom methodology
(sources : Espicom, Business Intelligence, 2008)
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