The Outlook for Medical Devices in Brazil, Russia, India & China
NEW YORK, Nov. 29, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The Outlook for Medical Devices in Brazil, Russia, India & China
http://www.reportlinker.com/p0559145/The-Outlook-for-Medical-Devices-in-Brazil-Russia-India--China.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Managed_care
4 Key Markets Covered!
KEY MEDICAL INDUSTRY STATISTICS
BRAZIL: Medical Market Size
US$3.6 billion
As a % of health expenditure
2.2%
Growth
6.1%
Per capita spend
US$18
RUSSIA: Medical Market Size
US$5.96 billion
As a % of health expenditure
6.4%
Growth
15.3%
Per capita spend
US$42
INDIA: Medical Market Size
US$2.7 billion
As a % of health
expenditure
3.7%
Growth
15.6%
Per capita spend
US$2
CHINA: Medical Market Size
US$8.6 billion
As a % of health expenditure
2.6%
Growth
13.6%
Per capita spend
US$6
Track economic and market performance with these reports
MEDICAL MARKET ANALYSIS
Size
Projections & Outlook - Unique 5-year Market Projections by Major Product/Technology, SWOT Analysis, Comment & Rating
Imports
Domestic Manufacturing
Domestic Production - Trade Association(s), Local/Multinational Manufacturers
Exports
ACCESSING THE MARKET
Distribution – including qualified sales agency and distribution leads worldwide
Medical Device Regulations
HEALTHCARE ANALYSIS
Demographics - Population, Birth Rate, Death Rate, Infant Mortality, Life Expectancy at Birth,
Public Health - Causes of Death, Incidence of Communicable Diseases,
Healthcare System
Health Expenditure - Health Estimates for 2009, Projected Health Expenditure
Healthcare Infrastructure
Healthcare Personnel
DIRECTORY
Healthcare Organisations
Professional Bodies/Trade Associations
Trade Code Classifications Methodology & Sources
EXTENSIVE STATISTICAL TABLES
Thousands of key statistics and trends are provided in an appendix. Data is included from several years allowing trends to be identified and new changes to be seen in historical
context. The statistics cover key indicators such as:
Population Trends
Principal Causes of Death
Public Health Expenditure
Hospital Data: Beds by Type, Discharge Data and Average
Length of Stay Patients by Type
Healthcare Personnel: Numbers of Doctors, Nurses etc by Type
BRAZIL
Brazil has the largest medical device market in the Latin American region. In 2011, the Brazilian medical market is valued at R$6.7 billion (US$3.6 billion) equivalent to around US$18 per capita. Expenditure is far higher in developed urban areas, however. The country has a well-established medical industry, comprising local and multinational companies. Imports had been fuelled by the appreciation of local currency against the dollar and increasing consumer demand for the latest technology. However, a more realistic exchange rate contained medical imports in 2009. Imports tend to be high-tech medical equipment not produced locally. In 2009, 68% of imports were supplied by Europe and the USA. More opportunities exist in the private sector.
RUSSIA
In 2011, the Russian market for medical equipment and supplies is estimated at US$5,961.3 million. This puts the market among the top 20 in the world, although per capita spending remains low, at around US$42. Around 73% of the market is supplied by imports. Germany, the USA and Japan were the leading suppliers in 2009, accounting for over 55% of imports. The value of imports greatly increased up to 2008, but was hit hard by the recession in 2009. The market, however, remains strongly reliant on products from abroad, as domestic producers are small and under-capitalised.
INDIA
The Indian market for medical equipment is valued at around US$2,729 million in 2011. Despite strong growth rates, the market remains disproportionately small, ranking among the top 20 in the world but with low per capita spending. High quality products are sought after, particularly in the private sector, and the high-tech end of the medical device market is dominated by multinationals with extensive service networks. Indian manufacturers of good quality mid-tech products struggle with a stigma for unreliability. Indian purchasers are, however, price-sensitive and seek value for money. Continued investment in the private sector infrastructure, coupled with increased healthcare funding from the government, should result in a steady increase in the market for medical equipment.
CHINA
For 2011, Espicom estimates market growth to be in the region of 131%, one of the fastest growing markets in the world. High rates of growth are not uncommon in the Asian region, but on the back of a huge market size, China's growth is particularly pronounced. In 2011, the country's market valuation, at US$8.6 billion, makes it one of the largest in the world. The Chinese medical device market is largely supplied by imports or products made locally by multinational joint ventures especially at the higher end of the technology scale. The Chinese market represents many opportunities for foreign business, and if new regulatory reforms prove successful and the inadequacy of rural healthcare is effectively addressed, then the sheer number of previously untapped consumers makes China an attractive proposition.
To order this report:
Managed care Industry: The Outlook for Medical Devices in Brazil, Russia, India & China
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CONTACT
Nicolas Bombourg
Reportlinker
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