5 March 2010, No of Pages - 22

Medical devices comprise surgical equipment & appliances; diagnostic & imaging devices; ophthalmic equipment; laboratory devices & diagnostics; dental equipment; medical disposables and others.

The Medical devices market in Spain is experiencing changes in the healthcare standards, which has increased the healthcare expenditure and demand for latest technology. Moreover, with the growing demand of quality healthcare, the existing and new hospitals are procuring modern medical technologies. Additionally, the Spanish government is taking initiatives to provide improved and sustainable healthcare to its citizens. Further, the technological advancements leading to innovative devices and medical solutions, coupled with the growing public private partnerships (PPP) offer potential growth in the Medical devices market in Spain.

In the last few years, the Medical devices market in Spain has seen potential growth. However, presently, due to recession, there are budgetary constraints , limiting the growth in the medical devices sector. Further, there is increasing pressure and demand on public healthcare system as it contributes a major share in the delivery of healthcare services in the country. Nonetheless, with the improvement in the financial condition, the Medical devices market in Spain is estimated to potentially grow over the next few years.

The report by TechNavio Insights forecasts the size of the Medical Devices Market in Spain over the period 2009-2013. Further, it discusses the key market trends, drivers and challenges of Medical Devices market in Spain, and profiles some of the key vendors of this market.

Special Offer: You can request one free hour of analyst time when you purchase this report. Details provided within the report.