The Medical Device Market: UK

News provided by

Feb 14, 2013, 03:40 ET

NEW YORK, Feb. 14, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

The Medical Device Market: UK

http://www.reportlinker.com/p0203045/The-Medical-Device-Market-UK.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Equipment_and_Supply

The UK has one of the largest medical device markets in the world, valued at US$8.9 billion in 2012. The domestic market vies with France as the second largest in Europe behind Germany. Per capita expenditure is equal to US$142. The UK market for medical devices is predicted to increase by 6.0% per annum to attain a value of US$11.9 billion by 2017.

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. This led to a succession of trade deficits since 2001. The import market has not been immune to the recession, faltering since mid 2008. However the total for the 12 months to March 2012 was US$7.3 billion, a 3.5% rise on the previous 12 month total, indicating a slow recovery.

There was a period of huge growth in public health spending under the Labour government after 2001, which saw the NHS budget almost triple. In 2011, total health expenditure is estimated at £140.3 billion (US$227.1 billion). Of this, £118 billion is public, equal to around 84% of the total. Expenditure is set to slow in the wake of the 2009 recession and enormous government deficit. The Conservative/Liberal-Democrat coalition government, elected May 2010, has pledged to maintain some sort of growth in recurrent health spending, although this may prove difficult. The latest published government plans involve a 9% cut in capital health spending in 2011.

The coalition government has also unveiled a substantial reform programme for the management of the NHS. Under it, several layers of bureaucracy are to be removed, and General Practitioners given control of their own budgets. Patients are to be given the right to treatment in any public or private facility which charges according to the NHS Tariff. The plans ran into severe opposition in 2011, however, and a large number of amendments have been made to what was a complex bill to begin with. The legislation was passed by parliament in March 2012.

PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom's unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market

Table of Contents

Executive Summary 1
Key Background Data 4
Geographic 4
Political 4
Economic 4
Healthcare System 5
Coalition Reform Plans, 2010 5
National Healthcare Bodies 6
Care Quality Commission 6
National Institute for Health and Clinical Excellence (NICE) 6
NHS Schemes and Initiatives 7
Health Expenditure 7
Market Developments 9
Medical Device Imports Grow by 2 5% to July 2012 9
New Bar Coding System and Website to Compare Prices 9
Draft of New European Legislation for Medical Devices 9
NHS Expanding Ventures Abroad 9
Me dical Marke t Analysis 10
Overview 10
The Market in 2012 11
Past Performance 2007-11 12
Future Performance 2012-17 13
The UK Market for Consumables 19
The UK Market for Diagnostic Imaging 21
The UK Market for Dental Products 24
The UK Market for Orthopaedic & Prosthetic Products 26
The UK Market for Patient Aids 28
The UK Market for Other Medical Devices 30
Annual Imports 33
Consumables 34
Diagnostic Imaging 34
Dental Products 34
Orthopaedic & Prosthetic Products 34
Patient Aids 34
Monthly Imports 47
Annual Exports 48
Consumables 49
Diagnostic Imaging 49
Dental Products 49
Orthopaedic Products 49
Patient Aids 49
Monthly Exports 61
Domes tic Production 62
Trade Associations 66
Association of British Healthcare Industries (ABHI) 66
British Anaesthetic and Respiratory Equipment Manufacturers Association (BAREMA) 66
British Dental Trade Association (BDTA) 66
OPTIC (UK) 66
Surgical Dressing Manufacturers Association (SDMA) 66
Domes tic Manufacturing 67
Domestic Producers 67
Major Manufacturers 94
ArjoHuntleigh 94
Gyrus ACMI 94
Smith & Nephew 95
Smiths Medical 95
Accessing The Market 96
Distribution 96
Trade Fairs 96
BDTA 96
Healthcare Estates Conference & Exhibition 96
MEDTEC UK 96
Telecare and Telehealth Conference 96
National Audit Office Issues Reports into NHS Procurement 96
New Bar Coding System and Website to Compare Prices 97
Me dical De vice Re gulations 98
Medicines and Healthcare Products Regulatory Agency (MHRA) 98
Notified Bodies 98
EU Regulation 98
Draft of New European Legislation for Medical Devices 99
Contract Agreement for Medical Technology Trials 99
Methodology & Sources 100
Trade Code Classifications 100
Methodology 102
Sources 103

List of Tables
Espicom Analysis of the UK Medical Market, 2012 2
SWOT Analysis of the UK Medical Device Market, 2012 3
Summary of Key Data Projections, 2012-17 4
Summary of Key Data, 2006-11 8
UK Medical Device Market, Key Ratios, 2012 10
UK Medical Device Market by Category, 2012 11
Projected Medical Device Market, 2012-17 13
The UK Medical Device Market, 2007-17 (US$ millions) 14
The UK Medical Device Market, 2007-17 (US$ per capita) 15
The UK Medical Device Market, 2007-17 (% of Total)16
The UK Medical Device Market, 2007-17 (% Change)18
The UK Consumables Market, 2007-17 (US$ millions) 19
The UK Consumables Market, 2007-17 (US$ Per Capita) 19
The UK Consumables Market, 2007-17 (% Change) 20
The UK Diagnostic Imaging Market, 2007-17 (US$ millions) 21
The UK Diagnostic Imaging Market, 2007-17 (US$ Per Capita) 22
The UK Diagnostic Imaging Market, 2007-17 (% Change) 22
The UK Dental Products Market, 2007-17 (US$ millions) 24
The UK Dental Products Market, 2007-17 (US$ Per Capita) 24
The UK Dental Products Market, 2007-17 (% Change) 25
The UK Orthopaedic & Prosthetic Products Market, 2007-17 (US$ millions) 26
The UK Orthopaedic & Prosthetic Products Market, 2007-17 (US$ Per Capita) 27
The UK Orthopaedic & Prosthetic Products Market, 2007-17 (% Change) 27
The UK Patient Aids Market, 2007-17 (US$ millions) 28
The UK Patient Aids Market, 2007-17 (US$ Per Capita) 29
The UK Patient Aids Market, 2007-17 (% Change) 29
The UK Other Medical Devices Market, 2007-17 (US$ millions) 30
The UK Other Medical Devices Market, 2007-17 (US$ Per Capita) 31
The UK Other Medical Devices Market, 2007-17 (% Change) 31
Summary Medical Equipment Imports by Product Area, 2007-11 (US$000s) 35
Summary Medical Equipment Imports by Product Area, 2007-11 (US$000s % Change) 35
Summary Medical Equipment Imports by Product Area, 2007-11 (£ 000s) 36
Summary Medical Equipment Imports by Product Area, 2007-11 (£ % Change) 36
Summary Medical Equipment Imports by Product Area, 2007-11 (% of Total) 37
Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s) 39
Top 20 Suppliers to the UK Market, 2011 (US$000s) 40
Detailed Imports of Medical Equipment, 2007-11 (US$000s) 41
Detailed Imports of Medical Equipment, 2007-11 (Growth Trends) 43
Detailed Imports, Leading Suppliers, 2011 (US$000s) 45
Monthly Imports of Medical Equipment, July 2009-July 2012 (US$ Millions) 47
Summary Medical Equipment Exports by Product Area, 2007-11 (US$000s) 50
Summary Medical Equipment Exports by Product Area, 2007-11 (US$000s % Change) 50
Summary Medical Equipment Exports by Product Area, 2007-11 (£ 000s) 51
Summary Medical Equipment Exports by Product Area, 2007-11 (£ % Change) 51
Summary Medical Equipment Exports by Product Area, 2007-11 (% of Total) 52
Leading Medical Equipment Destinations by Product Area, 2011 (US$000s) 53
Top 20 Destinations for UK Exporters, 2011 (US$000s) 54
Detailed Exports of Medical Equipment, 2007-11 (US$000s) 55
Detailed Exports of Medical Equipment, 2007-11 (Growth Trends) 57
Detailed Exports, Leading Destinations, 2011 (US$000s) 59
Monthly Exports of Medical Equipment, July 2009-July 2012 (US$ Millions) 61
UK Medical Equipment Production, 2007-11 (£000s) 62
UK Medical Equipment Production, 2007-11 ($000s) 63
UK Medical Equipment Production, 2007-11 (% Total)64
UK Members of the Association of British Healthcare Industries (ABHI) 67
HS Trade Codes Used in This Report 100
HS Trade Codes, Rearranged 101

List of Charts
UK Medical Device Market by Category, 2012 (%) 11
Change in the UK Medical Device Market, 2007-17 (%) 12
CAGR of the UK Medical Device Market by Product Area, 2007-11 (%) 12
Market Projections, 2012-17 (US$ millions) 13
The UK Market for Consumables, 2007-17 (US$ millions) 20
The UK Market for Consumables, 2007-17 (CAGR) 20
The UK Market for Diagnostic Imaging, 2007-17 (US$ millions) 23
The UK Market for Diagnostic Imaging, 2007-17 (CAGR) 23
The UK Market for Dental Products, 2007-17 (US$ millions) 25
The UK Market for Dental Products, 2007-17 (CAGR) 26
The UK Market for Orthopaedic & Prosthetic Products, 2007-17 (US$ millions) 27
The UK Market for Orthopaedic & Prosthetic Products, 2007-17 (CAGR) 28
The UK Market for Patient Aids, 2007-17 (US$ millions) 29
The UK Market for Patient Aids, 2007-17 (CAGR) 30
The UK Market for Other Medical Devices, 2007-17 (US$ millions) 31
The UK Market for Other Medical Devices, 2007-17 (CAGR) 32
Medical Equipment Imports, 1991-2011 (US$ Millions) 33
Change in Medical Equipment Imports, 2002-2011 (%) 33
CAGR of Medical Imports by Product Area, 2007-11 (%) 37
Medical Equipment Imports by Product Area, 2011 (%) 38
Leading Medical Equipment Suppliers, 2011 (%) 39
Medical Equipment Exports, 1991-2011 (US$ Millions)48
Change in Medical Equipment Exports, 1992-2011 (%) 48
CAGR of Medical Exports by Product Area, 2007-11 (%) 52
Medical Equipment Exports by Product Area, 2011 (%) 53
Leading Medical Equipment Destinations, 2011 (%) 54