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Sweden's medtech market stable

This article was originally published in Clinica

Executive Summary

Sweden's medtech market was worth an estimated $550 million in 1995, and the Swedes were among the world's highest per capita spenders at around $62. Domestic production has remained at around SKr 5,000 million ($725 million) since the late 1980s, but with the country's large producers committed to exports, Sweden has a positive trade balance in most sectors. In 1992, production fell by 1.6% due principally to a 36% decline in pacemaker production, says a Medistat country profile on Sweden.

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