Fundamental, Research

European Health Care Equipment & Services: Receding Headwinds

Wan Nurhayati, Senior Equity Analyst
01 June 2023


We see easing headwinds for the European Health Care Equipment & Services industry with the combination of subsiding supply chain constraints, moderating energy prices, and the reopening of China creating room for demand recovery and margin improvement, though we are mindful of the wage inflation and pricing pressure from the implementation of the volume-based procurement program (VBP) in China.

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