Abstract
Includes 3 quarterly updated outlook reports!
Denmark has a well developed healthcare system and is continuously striving
for increased efficiency in the hospital sector. As such, demand for high
quality, low cost disposables remains high. There are few new hospital
developments, yet many hospitals operate a system of continual refurbishment
which entails that there is continual high-volume purchasing without a single
period of ‘one-off' capital purchases.
The size of the Danish medical device market is estimated to be equal to
US$155 per capita in 2007. Many imports are used in the assembly of medical
devices, which are then exported. The market is expected to expand by 8.6%
over the next few years to reach US$234 per capita.
There are many domestic device manufacturers, some of whom have a global
presence. This has resulted in a balance of trade surplus for many years. In
2006, this amounted to US$1.8 billion. Imports and exports have seen strong
growth since 2000; imports increased by 69.5% in the period 2001-2005, exports
increased by 70.4% in a similar period. Denmark' s domestic manufacturers are
mainly in the fields of diagnostics and orthopaedic & prosthetic appliances,
especially hearing aids.
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