Abstract
Each country report provides a comprehensive analysis of the medical device
market, including five-year market forecasts. For each country you will
receive 4 completely updated reports sent quarterly, plus comprehensive report
sent annually.
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.
Market coverage:
- Austria
- Belgium
- France
- Germany
- Ireland
- Italy
- Netherlands
- Portugal
- Spain
- Switzerland
- United Kingdom
Highlights from the region
1>GERMANY1>
Germany is the third largest medical device market in the world, accounting
for 6.4% of the total world market and ranking behind the USA and Japan. In
2007, the German medical device market was estimated at US$12.4 billion, equal
to US$151 per capita.
Germany has a history of producing high quality medical equipment.
Approximately 85% of domestic production is exported to a wide range of
countries. Government funding of hospitals in recent years has remained
static, therefore hospitals are maintaining existing equipment rather than
investing in new appliances. This has led to domestic producers becoming
increasingly reliant on the export market.
FRANCE
France is the world' s fourth largest medical device market, behind the USA,
Japan and Germany. The continuing deficit of the national health insurance
funds, which finance the majority of health expenditure, has prompted a series
of reform programmes for the health sector, the latest of which was approved
by Parliament in July 2004. New measures have recently been taken to control
spending on medical devices, similar to those already in force for
pharmaceuticals. For this reason, the medical market is only likely to see
moderate growth over the next few years.
Prospects for medical equipment manufacturers remain promising as a result of
several initiatives intended to allow France to make good its shortfall in
some equipment areas, most notably imaging and radiotherapy equipment, as part
of a ten billion euro hospital investment programme. The medical manufacturing
industry has seen an influx of foreign companies; most larger manufacturers
are now subsidiaries of multinational groups.
ITALY
The provision of healthcare in Italy, in common with other western European
countries, is advanced, with universal access. Being initially based on the
NHS-model of the UK, the Italian health service is also facing similar
scenarios, most notably efforts to restrain rising costs. In an effort to
increase efficiency in the healthcare sector, the use of an electronic
‘health card’ is being tested in Northern Italy. This is similar
to the system recently introduced in Austria.
The Ministry of Health has recently embarked on a programme of large-scale
investment in the health service. Investment is being linked to certain
standards within healthcare provision; in particular is the new focus on
preventative care. With the increased levels of investment it is also hoped
that there will be parity in provision throughout the regions and that by
linking investment to certain standards, disparity will be removed.
UNITED KINGDOM
The UK has one of the largest medical device markets in the world, valued at
US$8.9 billion in 2007. The domestic market is the third largest in Europe
behind Germany and France. Per capita expenditure is, by comparison, much
lower and is similar to that of Belgium.
Increased government funding is guaranteed until 2008; after which, although
no definitive plans have been announced, spending needs to increase by 4% per
annum to maintain current service levels.
The growth of the UK medical device market is predominantly import-led as many
domestic manufacturers are not able to rapidly adjust to changes in demand.
FOR EVERY MARKET,SENT QUARTERLY
MARKET OUTLOOK
- Current market size
- Unique 5-Year market projections to 2012
- Market outlook
- Market structure
- Statistical data on imports and exports
- Market developments, covering recent and impending developments with
respect to key issues such as regulation, health facilities, funding and
government policy
- Key national data projections
- International market comparisons
FOR EVERY MARKET,SENT ANNUALLY
BACKGROUND DATA
- Population data, including growth trends and age structure
- Demographic indicators detailing principal causes of death and morbidity
HEALTHCARE SYSTEM
- Organisation & administration
- Health expenditure
- Expenditure by source of funding and type
- Hospital services
- Hospital data such as beds by type, region, specialty, patient admissions
and surgical procedures
- Outpatient care
- Medical personnel Data on healthcare professionals covering such areas as
doctors by specialty, nursing staff and dentists
ACCESSING THE MEDICAL MARKET
- Regulatory environment
- Distribution guide and trade fair information
- Domestic production
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