Summary
The countries of Western Europe represented a total market of over 401 million people and a combined GDP of US$16.4 trillion in 2007.
The 11 main Western European markets for medical products and equipment are wealthy and mature. Is there any point in manufacturers trying to break into markets they are not already servicing, and, if yes, where? If they are already operating in the region, what are the prospects for growth and what operating environment will they face in the future?
Valuable markets...
News stories chronicle the pressures and problems facing governments trying to expand or maintain health provision in a costconstrained world. but one fact remains. The countries covered by this report represent a total medical device market value of US$58.3 billion in 2008. We forecast this figure will grow by US$24.1 billion over the next five years to US$82.4 billion!
...with cost pressures
All health funders are experiencing difficulties in meeting the demands on modern health systems. Pressures arise from many quarters including:
An ageing population needing longer and more intensive medical treatments
Unplanned population increase due to an influx of immigration and migrant workers
Patient and clinician demands for the latest equipment/services
These quarterly updated reports analyse the issues
The Outlook for Medical Device Markets in Western Europe is published by Espicom Business Intelligence. Each report provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments in the wider context of market structure, service and access. The reports are available individually or as a discounted collection, and prices include 4 completely updated reports sent quarterly plus a comprehensive annual review.
Description
These quarterly updated reports analyse the issues
The Outlook for Medical Device Markets in the Middle East is published by Espicom Business Intelligence. Each report provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments in the wider context of market structure, service and access. The reports are available individually or as a discounted collection, and the price include 4 completely updated reports sent quarterly plus a comprehensive tabula review of healthcare data and details of local medical equipment distributors.
IRAN
The Islamic Republic of Iran forms the eastern border of the Middle East and is bordered by Iraq, Turkey, Pakistan, Afghanistan, Armenia, Azerbaijan and Turkmenistan. Iran boasts an estimated population of 75.1 million in 2010. Government investment has resulted in an improved health sector, with modernised services and facilities being built annually. Ownership of hospitals is evenly split between the public and private/charity sectors but can be fragmented due to lack of co-ordination between agencies.
OMAN
Oman is a small, oil-dependent state in the Middle East, bordering the Indian Ocean. The country has strong diplomatic relationships with both Arab and leading Western nations. The country has a growing healthcare sector that is constantly being improved and modernised, which is also benefiting from the many construction projects announced in recent years. Over the last 30 years, Oman has invested heavily in the health sector and succeeded in creating a modern hospital system. Despite this, it still lacks rural infrastructure and a local base of trained medical personnel, problems which current health policies are seeking to resolve.
SAUDI ARABIA
The Saudi government's capital health spending in 2009 was for the establishment of new health centres, 86 new hospitals with a capacity of 11,750 beds and further development of the Saudi Red Crescent. The government has allocated SR61 billion (US$16.3 billion) for health and social development as part of its 2010 budget. This is equal to 11.3% of the total budget. Eight new hospitals and 19 existing hospitals will be expanded during the fiscal year.
UAE
The UAE's economy is heavily dependent on the price of oil. Per capita GDP is very high, ranked among the top 20 in the world, and in 2010 is estimated at US$45,820. Real GDP growth of just 2.6% is expected for 2010, but this is projected to rise to 5.3% in 2015. As a percentage of GDP, healthcare expenditure is low, but in per capita terms, spending is among the top 20 in the world. Overall health expenditure is estimated at US$9.6 billion in 2011, equal to 3.3% of GDP. Per capita spending is US$1,685.
More Information...
6 Key Markets Covered
Egypt
Iran
Jordan
Oman
Saudi Arabia
UAE
MARKET OUTLOOK
Key national data projections
Current market size
Unique 5-year market projections
Market outlook
Market structure
Including statistical data on imports and exports
Market access
Including distribution and medical device regulation
Healthcare analysis
Including demographics, healthcare system, health expenditure, healthcare infrastructure and personnel
HEALTHCARE DATA
A comprehensive tabula review of the market, including economic indicators, demographics, health expenditure, hospital and primary care data, and healthcare personnel.
DISTRIBUTORS
Details of the medical equipment distributors held in Espicom's database at the time of publication
