Business Monitor International


Iran Medical Devices Report

Published 20 January 2014

  • 140 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Iran Medical Devices Report

Espicom Industry View: The Iranian medical device market ranks fif th in the Middle East and Africa , valued at US$766.5mn . Per capita e xpenditure, however, is the seventh lowest one in the region , at US$10 . The market has growth potential but sanctions with both the USA and EU have affected the market's appeal in recent times . The sanctions have now been temporarily lifted and it remains to be seen if a permanent deal can be reached by the Iran ian government and the West.

Headline Industry Forecasts

  • In 2013, Iran's medical device market was estimated to be worth US$766.5mn; however, the market size per capita is very low, at US$10. The market is projected to grow by a low CAGR of 1.3% in US dollar terms, taking the market to US$819.4mn by 2018. Per capita spending is not expected to rise strongly over the same period.

  • Imports account for around 90% of the market, despite the manufacture of basic consumables such as syringes, needles & catheters, dental instruments & fittings and orthopaedics. Imports were valued at US$719.4mn in 2012. A large proportion of imports (67.6%) were procured from suppliers from the European Union (EU-27), with the Netherlands and Germany being the leading suppliers. Diagnostic imaging apparatus and other medical devices were the most significant import sectors.

  • Iran's medical device exports are minimal; estimates for 2012 put the value of exports at just US$5.6mn. The value of exports has plummeted when compared to 2011, but this decline is not just due to a devaluation of the Iranian rial, as the value of exports also fell by 76.2% in local currency terms.

Headline Industry Risk Rewards Ratings

  • Iran is the second least attractive market in the Middle East and Africa region, in which to commercialise a medical device, according to BMI Espicom's Medical Device Risk/Rewards Ratings (RRRs). The country's overall score for Q214 is 38.1 out of 100 compared to a regional average of 49.5 for the 14 key...

Table of Contents

Espicom Industry View
9
SWOT
12
Medical Device Market
12
Political
13
Economic
14
Business Environment
16
Industry Forecast
17
Medical Device Market Forecast
17
Past Performance 2008-2013
17
Future Performance 2013-2018
18
Table: Projected Medical Device Market, 2013-2018
19
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
20
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita)
24
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total)
27
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn, % Change)
31
Consumables Market Forecast
35
Table: Consumables Market, 2008-2018 (US$mn)
36
Table: Consumables Market, 2008-2018 (US$ Per Capita)
37
Table: Consumables Market, 2009-2018 (US$mn, % Change)
38
Diagnostic Imaging Market Forecast
40
Electrodiagnostic Sector
41
Radiation Apparatus Sector
41
Imaging Parts & Accessories Sector
42
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
42
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita)
44
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
45
Dental Products Market Forecast
48
Table: Dental Products Market, 2008-2018 (US$mn)
49
Table: Dental Products Market, 2008-2018 (US$ Per Capita)
49
Table: Dental Products Market, 2009-2018 (US$mn % Change)
50
Orthopaedics & Prosthetics Market Forecast
52
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
53
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$ Per Capita)
54
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
54
Patient Aids Market Forecast
56
Table: Patient Aids Market, 2008-2018 (US$mn)
57
Table: Patient Aids Market, 2008-2018 (US$ Per Capita)
58
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
58
Other Medical Devices Market Forecast
60
Table: Other Medical Devices Market, 2008-2018 (US$mn)
61
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita)
62
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
63
Annual Medical Device Imports
67
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)
70
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change)
71
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
72
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)
73
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution)
75
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s)
77
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution)
78
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)
79
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)
80
Table: Detailed Medical Device Import Trends By Product Area, 2012
83
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s)
87
Monthly Medical Device Imports
90
Table: Monthly Medical Device Imports By Product Area, October 2010 - October 2013 (US$mn)
90
Annual Medical Device Exports
93
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)
96
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)
97
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
98
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)
99
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution)
101
Table: Leading Medical Device Destinations By Product Area, 2012 (US$000s)
102
Table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution)
104
Table: Top 20 Medical Device Destinations, 2012 (US$000s)
105
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)
106
Table: Detailed Medical Device Export Trends By Product Area, 2012
109
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)
113
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s)
116
Monthly Medical Device Exports
120
Table: Monthly Medical Device Exports By Product Area, October 2010 - October 2013 (US$mn)
120
Macroeconomic Forecasts
122
Table: Italy - Economic Activity
129
Industry Risk Reward Ratings
130
Table: Western Europe Medical Device Risk Reward Ratings, Q214
131
Market Overview
132
Medical Device Market Overview
132
Overview
132
Table: Medical Device Market, Key Ratios, 2013
133
The Market In 2013
133
Table: Medical Device Market By Product Area, 2013
134
Healthcare Overview
135
Health Status
135
Healthcare System
135
Healthcare Funding
139
Table: Estimated Savings In Public Medical Device Expenditure, 2012-2014 (EURmn)
140
Healthcare Resources
141
Table: Diagnostic Imaging Technology By Type And Sector, 2006-2011 (Units)
142
Healthcare Activity
143
Healthcare Personnel
144
Key Data
144
Table: Key Data, 2008-2013
144
Industry Trends And Developments
147
Industry Trends & Developments
147
Table: SSN Debt To Medical Device Suppliers By Region, December 2013
148
Regulatory Development
152
Medical Device Regulations
152
Competent Authority
152
Notified Bodies
153
Regulations
154
EU Medical Device Regulations
157
Designated Authorities
157
Existing Regulations
158
Proposed Regulatory Changes
158
Implications For The Industry
161
Medical Device Pricing & Reimbursement
161
Competent Authorities
161
Formulary Lists
163
Pathways
164
Evaluation
165
Competitive Landscape
166
Domestic Medical Device Production
166
Table: Medical Device Production By Product Area, 2008-2012 (EURmn)
166
Table: Detailed Medical Device Production By Product Area, 2008-2012 (EURmn)
167
Table: Detailed Medical Device Production By Product Area, 2008-2012 (US$mn)
170
Table: Detailed Medical Device Production By Product Area, 2008-2012 (% Total)
174
Domestic Medical Device Manufacturing
178
National Medical Device Manufacturers
178
Artsana Group
178
Table: Artsana Group's Financial Indicators, 2008-2012 (EURmn)
179
Bellco
180
Bracco Imaging
180
Castellini
181
Cosmed
181
Esaote
182
Table: Esaote's Financial Indicators, 2010-2012 (EURmn)
183
Cardioline
184
Euronda
184
IGEA
184
IMS
185
Lima Corporate
185
Major Dental
186
Medel Group
186
A
186
Table: A
187
Sorin Group
188
Table: Sorin Group's Financial Indicators By Business Unit, 2010-2013 (EURmn)
189
Multinational Medical Device Manufacturers
190
Alvimedica
190
B
190
Covidien
191
Fresenius
191
Haemonetics
191
Medtronic
192
Orthofix International N
192
Table: Orthofix International N
193
Philips
193
Siemens
193
Multinational Market Activity
194
Table: Multinational Market Activity, 2014
194
Medical Device Market Access
195
Market Environment
195
Distribution
196
Trade Associations
196
Trade Fairs
197
Methodology
198
Medical Device Market Methodology
198
Trade Code Classifications
199
Table: Used HS Trade Codes, 2014
199
Table: Rearranged HS Trade Codes, 2014
201
Risk/Reward Ratings Methodology
204
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
205
Sources
206
Contact
207

The Iran 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 Iran provides industry professionals, strategists, company executives, and analysts with independent forecasts and competitive intelligence on the Iran medical devices industry.

Key Benefits

  • Benchmark Espicom’s Medical Devices expenditure forecasts, which take into account macroeconomic and industry-specific forecasts for Iran, 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 Iran.
  • Target Business Opportunities in the Iran 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 Iran.
  • 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.

Coverage

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.

Directory

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.

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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