Often, he said, the companies in the newly mature markets look better.
"So this will likely accelerate the development of a more mature market."
Iran is a mature market when it comes to medical equipment.
And there are other more mature markets in which our business can be expanded further.
There for the first time he faced a mature market with real competition.
Some companies see themselves as being in a mature market with limited growth horizons.
That's more than 10,000 people who were born from 1946 through 1964 crossing over daily into the mature market.
"It's a pretty mature market, so this is to be expected."
It soon found a niche in what had been thought to be a mature market.
Yet even production companies in mature markets are seeing extraordinary growth.