Business Monitor International


Morocco Medical Devices Report

Published 20 October 2014

  • 148 pages
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$1,295.00
Morocco Medical Devices Report

Espicom Industry View: The Moroccan market remains small, both in overall terms and also in per capita terms, le aving room for further development . With minimal medical device production, focused primarily on con sumables, Mo ro c co remains highly dependent on imports mainly from the EU, and this trend is set to continue during the forecast period.

Headline Industry Forecasts

  • In 2013, the medical device market is estimated at US$235.8mn. Per capita spending at around US$7 remains low, leaving considerable potential for further expansion. The market is forecast to grow at a US dollar 2013-2018 CAGR of 7.0% taking expenditure to US$331.4mn.

  • Medical device imports supply approximately 90% of the market. As the local medical device manufacturing industry remains at an embryonic stage, most sectors of the market rely on imports, which have grown at a 2008-2013 CAGR of 6.3%. Collated monthly import data for the 12 months to May 2014 show that the value of imports climbed to US$221.9mn, marking y-o-y growth of 5.3%.

  • Medical device exports are minimal. Collated monthly data for the 12 months ending May 2014 puts the value of exports at US$19.1mn, a y-o-y increase of 28.7%. 

  • Morocco's domestic production capability is focused on consumables and overall output remains low.

Headline Industry Risk/Reward Rating

  • Morocco ranks as one of the least attractive markets in the Middle East and Africa (MEA) region for commercialising a medical device, according to BMI Espicom's Medical Device Risk/Reward Ratings (RRRs). The country's overall score for Q414 is unchanged from Q314 at 40.9 out of 100, ranking it 12 th amongst the 14 key markets covered in the MEA region ahead of Ghana and Nigeria.

Headline Healthcare Overview

  • Morocco has a population of around 33mn. Between 2008 and 2013, the population grew at a CAGR of 1.3%. The 65 and over age group accounts for just 5% of the total population.

  • Healthcare expenditure totalled an estimated US$6.9bn in...

Table of Contents

Espicom Industry View
7
SWOT
9
Medical Device Market
9
Political
10
Economic
11
Business Environment
12
Industry Forecast
13
Medical Device Market Forecast
13
Table: Projected Medical Device Market, 2013-2018
16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
17
Consumables Market Forecast
20
Bandages & Dressings
21
Suturing Materials
21
Syringes, Needles & Catheters
21
Other Consumables
22
Table: Consumables Market, 2008-2018 (US$mn)
22
Table: Consumables Market, 2009-2018 (US$mn % Change)
23
Diagnostic Imaging Market Forecast
24
Electrodiagnostic Apparatus
25
Radiation Apparatus
25
Imaging Parts & Accessories
25
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
26
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
27
Dental Products Market Forecast
28
Capital Equipment
29
Instruments & Supplies
29
Table: Dental Products Market, 2008-2018 (US$mn)
29
Table: Dental Products Market, 2009-2018 (US$mn % Change)
30
Orthopaedics & Prosthetics Market Forecast
31
Fixation Devices
31
Artificial Joints
32
Other Artificial Body Parts
32
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
32
Table: Orthopaedics & Prosthetics Market, 2009-2018 (% Change)
33
Patient Aids Market Forecast
34
Portable Aids
34
Therapeutic Appliances
34
Table: Patient Aids Market, 2008-2018 (US$mn)
34
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
35
Other Medical Devices Market Forecast
36
Table: Other Medical Devices Market, 2008-2018 (US$mn)
37
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
38
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
43
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s % Change)
44
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
46
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
48
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
49
Table: Detailed Medical Device Import Trends By Product Area, 2013
52
Table: Detailed Leading Medical Device Suppliers By Product Area, US$000s, 2013
55
Monthly Medical Device Imports
58
Table: Monthly Medical Device Imports By Product Area, February 2011-December 2013 (US$mn)
58
Annual Medical Device Exports
60
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
63
Table: Medical Devices Exports By Product Area, 2009-2013 (US$000s, % Change)
64
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
65
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s, % Change)
66
Table: Top 20 Medical Device Destinations, 2013 (US$000s)
68
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
69
Table: Detailed Medical Device Export Trends By Product Area, 2013
72
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
75
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)
78
Monthly Medical Device Exports
81
Table: Monthly Medical Device Exports By Product Area, February 2011-December 2013 (US$mn)
82
Macroeconomic Forecasts
84
Economic Analysis
84
Table: MOROCCO - GDP BY EXPENDITURE, REAL GROWTH %
90
Industry Risk Reward Ratings
91
Table: MEA Medical Device Risk/Reward Ratings, Q314
92
Market Overview
93
Medical Device Market Overview
93
Table: Medical Device Market, Key Ratios, 2013
94
Table: Medical Device Market By Product Area, 2013
95
Healthcare Overview
95
Health Status
95
Healthcare System
95
Healthcare Funding
99
Healthcare Resources
101
Table: Medical Technology, 2010
101
Healthcare Activity
101
Healthcare Personnel
102
Key Healthcare Data
102
Table: Key Healthcare Data, 2008-2013
102
Industry Trends And Developments
105
Industry Trends & Developments
105
Regulatory Development
109
Medical Device Regulations
109
Medical Device Pricing & Reimbursement
109
Competitive Landscape
110
Domestic Medical Device Production
110
Table: Key Figures For Manufacturers Of Medical Equipment & Supplies, 2003-2005
110
Domestic Medical Device Manufacturing
110
Table: Medical Device Manufacturers, 2010
111
Multinational Medical Device Manufacturers
112
Multinational Market Activity
112
Table: Multinational Market Activity, 2014
112
Medical Device Market Access
113
Market Environment
113
Distribution
113
Trade Organisations
113
Trade Shows
114
Methodology
115
Medical Device Market Methodology
115
Trade Code Classifications
116
Table: Used HS Trade Codes, 2014
116
Table: Rearranged HS Trade Codes, 2014
118
Risk/Reward Ratings Methodology
121
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
122
Sources
123
Contact
124

The Morocco 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 Morocco provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Morocco Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Morocco, 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 Morocco.
  • Target Business Opportunities in the Morocco Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Morocco.
  • 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