Fiber optic connectors are a substantial fragment of the global telecommunication industry. Optical fibers are joined using fiber optic connectors, which allow the light conduction between two consecutive optical fibers. An additional im…
BMI View: The Austrian pharmaceutical market, despite its small size in comparison with its EU15
partners, has one of the highest per capita expenditures globally due to its relatively small population, high
burden of non-communicable diseases and ageing population. We believe pharmaceutical spending will
post modest growth over the medium term as the government links growth in public healthcare expenditure
with nominal GDP growth. Overall, we view the Austrian pharmaceutical and healthcare market as
relatively stable and insulated from sudden downgrades.
Headline Expenditure Projections
? Pharmaceuticals: EUR6.29bn (USD6.97bn) in 2015 to EUR6.48bn (USD6.94bn) in 2016; 3.15% in local
currency terms and -0.5% in US dollar terms. Forecasts slightly decreased from the previous quarter.
? Healthcare: EUR37.4bn (USD41.4bn) in 2015 to EUR38.9bn (USD41.6bn) in 2016; +4.1% in local
currency terms and 0.4% in US dollar terms. Forecasts unchanged from the previous quarter.