Nigeria´s medical device market booms to reach $184.4m by 2022
(WorldNews Health)

Nigeria´s medical device market will record double-digit growth in local currency and will grow at a 2017-2022 CAGR of 9 percent to reach $184.4 million by 2022, says latest report by Fitch Solutions. Medical devices such as diagnostic imaging, patient´s aids and orthopaedics are related articles designed by the manufacturer for diagnosis, prevention, monitoring, treatment or alleviation of disease burden. To take advantage of the growing interest, although the market is predicted to benefit from an improved outlook for the economy and remains almost entirely reliant on imports, chronic underfunding and the chaotic management of public healthcare services, exacerbated by the insurgency in...