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Emerging medtech hubs around the globe

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04-Feb-16 SThe US and Europe are the traditional leaders in medtech, but others are hot on their heels. China's market is expected to grow at 7.4% until 2019. Medtech companies in Mexico save 19% on manufacturing costs compared with the US. Turkey's industry is expected to grow at 8.5% until 2018, and Malaysia supplies 80% of the world market for catheters. [image: MD+DI]

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Italian health companies eye potential in China

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03-Feb-16 Italy's medical device companies are looking at the development potential in China, one of the markets where Italy's exports of medical devices have increased the most - by 24% in 2014 - with an export value of EUR310 mn (USD430 mn). Italian companies already present in China include DiaSorin, a biotech group specialized in in-vitro diagnostics. [image: Ambasciata d'Italia Pechino]

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Australia's health spending reaches AUD6,248 per person

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02-Feb-16 The cost of Australian healthcare has grown about 4% annually over a decade to AUD6,248 (USD4,449) per person. This was not due to either inflation or population growth rates, which were both factored in to the results. The growth was driven by a range of factors, including medical advances, the ageing population and an increase in people suffering chronic illnesses. [image: Alex Ellinghausen]

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