News Formal

Growth in Singapore medical device market cut to 8.4% for 2018-2023: Report

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

SINGAPORE'S medical device market is projected to register a compound annual growth rate (CAGR) of 8.4 per cent from 2018 to 2023, down from a previous estimate of 9.1 per cent, with the industry valued at some S$1.3 billion in 2023, according to a report by Fitch Solutions Macro Research on Thursday. Read more at The Business Times.

SINGAPORE'S medical device market is projected to register a compound annual growth rate of 8.4 per cent from 2018 to 2023, down from a previous estimate of 9.1 per cent, with the industry valued at some S$1.3 billion in 2023, according to a report by Fitch Solutions Macro Research on Thursday.

The research house also expects Singapore's medical device market to grow by 6.6 per cent this year, and by 8.4 per cent in 2020. Separately, it added that medical device imports will benefit from increased government spending on healthcare capacity and new medical technologies. But medical device exports, which primarily consist of re-exported goods, will face mounting headwinds in 2019 due to the global economic slowdown, particularly in the US and China, the country's two most important destinations, Fitch Solutions said.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 15. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

J.C. Penney tie-up favorable for Sephora business: LVMHU.S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH said on Wednesday, citing its ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »