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Northern Europe Medical Device Market Reports
Date:5/28/2013

NEW YORK, May 28, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:  Northern Europe Medical Device Market Reports

http://www.reportlinker.com/p01201778/Northen-Europe-Medical-Device-Market-Reports.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Devices  

The Northern European countries are projected to represent a combined medical device market value of US$8.7 billion by 2017.

The seven Northern European medical device markets are diverse, from the stable well-developed markets of Scandinavia to the less well-funded healthcare systems of the Baltic States. The Eurozone crisis is affecting these markets but opportunities still exist. Healthcare provision remains a high priority for governments in the region and countries such as Sweden are keen to be at the forefront of technological development.

Highlights from the Region

DENMARK

The size of the Danish medical device market was estimated at US$1,615 million in 2012, equal to US$288 per capita. The market is expected to expand by a CAGR of 5.9% until 2017, reaching US$2,151 million, or US$377 per capita. Denmark has a stable political system and a prosperous economy. However, it was affected by the global economic downturn, with two consecutive years of negative GDP growth (-0.8% in 2008 and -5.8% in 2009) before GDP recovered in 2010 (1.3%). A further contraction was seen in 2012, due to the country's high degree of trade with
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