The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: Lithuania's pharmaceutical and healthcare market represents a modest prospect for investment
from multinational firms. A rising burden of chronic disease will translate into an increase in demand and
sales; however, fiscal policies and the small size of the market will limit revenue earning opportunities.
Headline Expenditure Projections
? Pharmaceuticals: EUR616mn (USD670mn) in 2015 to EUR633mn (USD697mn) in 2016; +2.9% in
local currency terms and 4.0% in US dollar terms. Forecast unchanged from Q316.
? Healthcare: EUR2.45bn (USD2.67bn) in 2015 to EUR2.56bn (USD2.82bn) in 2016; 4.4% in local
currency terms and 5.5% in US dollar terms. Forecast unchanged from Q316.