Business Monitor International


Austria Medical Devices Report

Published 07 October 2014

  • 152 pages
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$1,295.00
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. The market is projected to grow at a US dollar CAGR of 2.7% to 2018, which is below average for the region. In keeping with most developed markets, the main growth drivers in the Austrian market are the increasing health needs of the ageing population and the search for new technologies to improve patient outcomes and increase health service efficiency.

Headline Industry Forecasts

  • In 2013, the medical device market was estimated at US$2,236mn, equal to US$263 per capita. The market is projected to reach US$2,552mn by 2018, having grown at a US dollar CAGR of 2.7% (or 4.7% when measured in euros).

  • Medical device imports account for nearly 85% of the market. Between 2008 and 2013, medical device imports grew at a CAGR of 3.2% in euros and 1.0% in US dollars. The running annual import total reached US$2,079.2mn in the 12 months to May 2014, representing a y-o-y increase of 6.9%.

  • Between 2008 and 2013, medical device exports grew at a CAGR of 5.8% in euros and 3.6% in US dollars. The running annual export total amounted to US$2,028.0mn in the 12 months to May 2014, representing y-o-y growth of 8.5%. The balance of trade deficit improved by more than US$140mn to US$61.4mn in 2013.

  • 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$2.4bn.

Headline Industry Risk/Reward Rating

  • Austria ranks as one of the more attractive markets in Western Europe (WE) for commercialising a medical device, according to BMI Espicom's Medical Device Risk/Reward Ratings (RRRs). The country's overall score for Q414 is 75.0 out of 100, the fifth highest of the 15 key markets covered in WE. The Q414 score marks an increase from 73.2 in Q314, resulting in a climb of two places in the WE...

Table of Contents

Espicom Industry View
7
SWOT
10
Medical Device Market
10
Political
11
Economic
12
Business Environment
13
Industry Forecast
14
Medical Device Market Forecast
14
2008-2013 Performance
14
2013-208 Performance
16
Table: Projected Medical Device Market, 2013-2018
17
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
18
Consumables Market Forecast
21
Bandages & Dressings
22
Suturing Materials
22
Syringes, Needles & Catheters
22
Other Consumables
22
Table: Consumables Market, 2008-2018 (US$mn)
23
Table: Consumables Market, 2009-2018 (US$mn % Change)
24
Diagnostic Imaging Market Forecast
25
Electrodiagnostic Apparatus
26
Radiation Apparatus
26
Imaging Parts & Accessories
26
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
27
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
28
Dental Products Market Forecast
29
Capital Equipment
30
Instruments & Supplies
30
Table: Dental Products Market, 2008-2018 (US$mn)
30
Table: Dental Products Market, 2009-2018 (US$mn % Change)
31
Orthopaedics & Prosthetics Market Forecast
32
Fixation Devices
32
Artificial Joints
33
Other Artificial Body Parts
33
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
33
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
34
Patient Aids Market Forecast
35
Portable Aids
35
Therapeutic Appliances
35
Table: Patient Aids Market, 2008-2018 (US$mn)
36
Table: Patient Aids Market, 2008-2018 (US$mn % Change)
36
Other Medical Devices Market Forecast
37
Table: Other Medical Devices Market, 2008-2018 (US$mn)
38
Table: Other Medical Devices Market, 2008-2018 (US$mn % Change)
39
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
44
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s, % Change)
45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
46
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s, % Change)
47
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
49
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
50
Table: Detailed Medical Device Import Trends By Product Area, 2013
53
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)
56
Monthly Medical Device Imports
59
Table: Monthly Medical Device Imports By Product Area, January 2011-December 2013 (US$mn)
60
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
66
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s, % Change)
67
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
68
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s, % Change)
69
Table: Top 20 Medical Device Destinations, 2013 (US$000s)
71
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
72
Table: Detailed Medical Device Export Trends By Product Area, 2013
75
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
78
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)
81
Monthly Medical Device Exports
85
Table: Monthly Medical Device Exports By Product Area, January 2011-December 2013 (US$mn)
85
Macroeconomic Forecasts
88
Economic Analysis
88
Table: Austria - Economic Activity
92
Industry Risk Reward Ratings
93
Table: WE Medical Device Risk/Reward Ratings, Q314
94
Market Overview
95
Medical Device Market Overview
95
Table: Medical Device Market, Key Ratios, 2013
96
Table: Medical Device Market By Product Area, 2013
96
Healthcare Overview
97
Health Status
97
Healthcare System
97
Healthcare Funding
103
Healthcare Resources
104
Table: Diagnostic Imaging Technology By Type, 2005-2011
105
Healthcare Activity
106
Healthcare Personnel
106
Key Healthcare Data
107
Table: Key Healthcare Data, 2008-2013
107
Industry Trends & Developments
110
Table: Healthcare Expenditure, 2010-2011 (EURmn)
111
Regulatory Development
114
Medical Device Regulations
114
EU Medical Device Regulations
114
Designated Authorities
114
Existing Regulations
114
Proposed Regulatory Changes
115
Implications For The Industry
118
Competitive Landscape
120
Domestic Medical Device Production
120
Table: Medical Device Production By Product Area, 2008-2012 (EURmn)
120
Table: Medical Device Production By Product Area, 2008-2012 (US$mn)
124
Table: Medical Device Production By Product Area, 2008-2012 (% Distribution)
127
National Medical Device Manufacturers
131
Multinational Medical Device Manufacturers
134
Multinational Market Activity
136
Table: Multinational Market Activity, 2014
136
Medical Device Market Access
138
Distribution
138
Trade Associations
138
Table: Austromed Members, September 2013
139
Trade Shows
142
Table: Trade Shows, 2015
142
Methodology
143
Medical Device Market Methodology
143
Trade Code Classifications
144
Table: Used HS Trade Codes, 2014
144
Table: Rearranged HS Trade Codes, 2014
146
Risk/Reward Ratings Methodology
149
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
150
Sources
151
Contact
152

The Austria Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data 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 BMI's Medical Devices market 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 demographic trends, regulatory developments, investment dynamics and domestic demand in Austria.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View
Provides industry, political and economic views. Briefly analyses the Medical Devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT
SWOT analyses of the Medical Devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts
Evaluates and analyses the Medical Devices market in terms of historical and forecast trends, covering six product areas and 40+ specific product categories. In addition, presents annual and monthly import and export trade data.

Product Areas:

  • Consumables: medical dressings, suturing materials, syringes, needles & catheters, blood-grouping reagents, first-aid boxes & kits, ostomy products and surgical gloves.
  • Diagnostic Imaging: electrocardiographs, ultrasound, MRI, scintigraphic apparatus, other electrodiagnostic apparatus (i.e. patient monitors), CT scanners, other X-ray apparatus, ABC ray apparatus, contrast media, X-ray film, X-ray tubes and other imaging parts & accessories.
  • Dental Products: dental drills, dental chairs, dental X-ray, dental cements, dental instruments and teeth & other fittings.
  • Orthopaedics & Prosthetics: fixation devices, artificial joints and other artificial body parts.
  • Patient Aids: hearing aids, pacemakers, other portable aids (i.e. stents), mechano-therapy apparatus and therapeutic respiration apparatus.
  • Other Medical Devices: wheelchairs, ophthalmic instruments, hospital furniture, medical/surgical sterilisers, UV/IF apparatus, blood pressure monitors, endoscopy monitors, dialysis apparatus, transfusion apparatus and anaesthesia apparatus.

Macroeconomic Forecasts
Presents macroeconomic forecasts impacting the Medical Devices market.

Industry Risk Rewards Rankings
Industry Risk Rewards Rankings (IRRR) tool, which provides a globally comparative and numerically based assessment of the Medical Devices market’s attractiveness.

Market Overview
Assesses the Medical Devices market in the current year. Additionally, covers healthcare intelligence affecting the market, including healthcare organisation, healthcare developments and health expenditure. Includes historical healthcare data, in terms of health status, health expenditure, health infrastructure, health services and health personnel.

Industry Trends & Developments
Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory Developments
Focuses on the latest regulatory developments, covering the competent authority, the latest regulations and marketing registrations. Also, reviews key pricing & reimbursement measures.

Competitive Landscape
Values historical Medical Devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

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Testimonials

'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