Business Monitor International

Austria Medical Devices Report

Published 25 February 2014

  • 178 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
Austria Medical Devices Report

Espicom Industry View : The Austrian medical device market is well established, with above average per capita spending at just under US$300. Having weathered the eurozone crisis better than many of its European neighbours, Austria is expected to remain one of the region's faster growing markets and is projected to grow at a US dollar CAGR of 4.6% to 2018. Domestic production is concentrated in niche areas, leaving the market largely dependent upon imports.

Headline Industry Forecasts

  • In 2013, the medical device market is estimated at US$2,527mn, equal to US$299 per capita. The market is projected to reach US$3.2bn by 2018, having grown at a CAGR of 4.6% (or 6.8% when measured in euros). Austria is expected to remain one of the region's faster growing markets.

  • Medical device imports fell by 0.3% to US$1,930.4mn in 2012, although this was a consequence of the depreciation of the euro against the dollar, as imports increased by 9.2% when measured in euros. Between 2007 and 2012, medical device imports grew at a CAGR of 5.5% in euros and 3.9% in US dollars. The running annual import total reached US$1,944.5mn in the 12 months to October 2013, representing y-o-y dollar growth of 1.3%.

  • Exports of medical devices increased by 8.9% in 2012 to total EUR1,417.7mn. However, as a result of the euro's depreciation against the US dollar during the year, Austrian medical device exports showed a fall of 0.5% to US$1,800.5mn in dollar terms in 2012. The running annual export total amounted to US$1,881.2mn in the 12 months to October 2013, representing y-o-y dollar growth of 3.5%. The balance of trade deficit increased to US$129.9mn in 2012.

  • Domestic production of medical devices tends to be small-scale and specialist in nature, whilst larger manufacturers export the majority of their output. Total output is estimated to be in the region of US$2.0bn.

Headline Industry Risk/Reward Rating

  • Austria ranks as one of the more attractive markets in Western Europe for...

The Austria Medical Devices Report features forecasts for medical devices production, imports, exports and healthcare expenditure by Espicom, a Business Monitor International company (BMI). These forecasts focus on Consumables, Diagnostic Imaging Apparatus, Dental Products, Orthopaedic and Prosthetic Devices and other medical devices.

The breakdown of domestic production, domestic manufacturing, individual trade associations and multinational activity in Austria provides industry professionals, strategists, company executives, and analysts with independent forecasts and competitive intelligence on the Austria medical devices industry.

Key Benefits

  • Benchmark Espicom’s Medical Devices expenditure forecasts, which take into account macroeconomic and industry-specific forecasts for Austria, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Austria.
  • Target Business Opportunities in the Austria medical devices market by using our assessments and projections for disease and demographic trends, regulatory developments, tax legislation and government subsidies, investment dynamics and domestic demand in Austria.
  • Assess the activities and market position of your competitors via our assessments of domestic production, imports and exports, trade associations, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.


BMI Industry View

Covers geographic factors, political issues, and economic concerns, together with an overview of the country’s healthcare systems, health insurance regulations and health related projects which might have an impact on the country. These are presented in conjunction with estimates of health expenditure.

Market Developments

Provides analysis on the latest regulatory developments, key forecast indicators and major corporate developments, including production growth and government investment programmes.

Medical Market Analysis

Evaluates the market’s developments over the past year, comparing it with historical trends, and provides a forecast of future performance throughout our forecast period to end-2018. The report presents forecasts on the annual imports and exports for each of these sectors along with a monthly analysis of import and export trends and developments. There is also a detailed assessment of domestic production and domestic manufacturing, with a breakdown of individual trade associations, national and multinational manufacturers.

Medical Device Market Projections cover Market (US$mn), Per Capita (US$mn), (%) of total expenditure, and (%) change, for the below medical devices:

Consumables (US$mn): bandages and dressings, suturing materials, ostomy products, syringes, needles, and catheters.

Diagnostic Imaging (US$mn): electrodiagnostic, ultrasound, MRI, patient monitoring, CT scanners, X-ray apparatus, imaging parts and accessories.

Dental Products (US$mn): dental capital equipment, dental drills, dental chairs, dental X-rays, dental instruments and supplies, dental cements, teeth and other fittings.

Orthopaedic and prosthetic products (US$mn): fixation devices, artificial joints, and other artificial body parts.

Patient Aids (US$mn): portable aids, hearing aids, pacemakers, and therapeutic appliances.

Other medical devices (US$mn): wheelchairs, ophthalmic instruments, anaesthesia apparatus, dialysis apparatus, blood pressure monitors, endoscopy monitors, and hospital furniture.

Multinational Activity

Discusses the presence of multinational companies in the country, either via sales and distribution outlets, or through manufacturing facilities. ‘Domestic Manufacturing’ delineates the presence and activities of domestic medical device companies. Key company developments are incorporated, enabling a full evaluation of recent company performance and future growth prospects.

Accessing the Market

This section contains analysis of the overall market environment, distribution (including over 1,600 qualified sales agencies and distribution leads), import duties and taxes, procurement options (such as trade fairs, various expositions and procurement bodies), together with an explanation of the regulatory environment covering registration, labelling requirements and the use of second-hand equipment.


Contains details for Healthcare organisations, Professional Bodies, and Trade Associations, along with Trade Code Classifications.

Appendix – Statistical Tables

Extensive statistical tables provide historical data and forecasts from 2007-2018, identifying trends and changes in population, principle causes of death, public health expenditure, hospital data (including beds by type, discharge data, long stay patients by type), and hospital personnel.

Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%


'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc