Abstract
Jordan' s economy has performed relatively well in recent years. This report is
ideal for executives wanting to understand the key drivers in the medical
market and have access to a wealth of statistical data, including five-year
market projections. Included with the report are 3 free quarterly updated
outlook reports, enabling you to keep up to date with market developments for
a year.
Includes 3 quarterly updated outlook reports!
Lacking the oil & gas reserves of the Gulf States or the Western-backed
development of Israel, Jordan is relatively poor. Despite this however, the
country has generally sought to foster good links with the West, while
remaining a key player on the local political scene.
The country' s economy has performed relatively well in recent years and
economic reforms are yielding results in terms of growth and investment,
albeit slowly. Accession to the WTO in 2000 has strengthened these reforms and
encouraged growth. While it is hard to ascertain to what extent these
developments will affect the medical device market in the future, these will
be largely positive.
Of greater importance are government and private enterprise commitments to
upgrading and modernising Jordan' s healthcare provision. The country has an
established reputation in the region for its high standards and services
provided. New public and private hospitals have been expanding and upgrading
in recent years, providing good opportunities for companies in the provision
of medical equipment. Having said that, most of these upgrades have either
already been completed, or are due for completion soon. In the absence of any
major projects, which is the case at the moment, demand, especially in the
public sector, may weaken.
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