Essilor Increases Latin American Presence

BMI View: Emerging markets will drive medical device industry growth. The importance of emerging markets to large multinational medical equipment producers cannot be overstated and BMI's Medical Device Expenditure Model shows that five-year compound annual growth rates (CAGRs) in traditional markets, such as the US, Western Europe and Japan, are in the low single figures. The US dollar five-year CAGRs for the main emerging markets, Brazil, Russia, India and China, are expected to post high single figure or double-digit

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