Business Monitor International


Pakistan Medical Devices Report

Published 19 September 2014

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$1,295.00
Pakistan Medical Devices Report

Espicom Industry View:   The Pakistan medical device market is small for a country its size. Domestic production is limited primarily to steel surgical instruments and the majority of the market is supplied by im ports. In 2013, BMI Espicom estimates that the medical device market wa s worth US$ 259.7 mn, or US$1. 4 per capita. The medical device market is expected to grow at a r easonable rate, with a CAGR of 6.3 % forecast for the 2013-2018 period.

Headline Industry Forecasts

  • The Pakistan medical device market is small, in value terms, for a country its size and its development is affected by ongoing socio-political problems and reoccurring security threats. In US dollar terms, the Pakistan medical device market is projected to expand by a 6.3% CAGR from 2013-2018. This should see it rise from an estimated US$259.7mn in 2013 to US$352.0mn in 2018. By product area, the performance in CAGR terms from 2013-2018 is projected to range from 18.3% for orthopaedics & prosthetics to 3.8% for patient aids.

  • The medical device market is heavily supplied by imports, which account for over 90% of the market. In US dollar terms, imports fell by 13.2% in 2012 to US$250.4mn, compared with US$288.6mn reported for 2011. As with local currency, imports grew each year from 2008-2011. In CAGR terms, imports grew by 4.7% from 2007-2012. By product area, performance in CAGR terms in the 2007-2012 period ranged from 21.0% for orthopaedics & prosthetics to 1.3% for other medical devices.

  • In US dollar terms, exports grew each year in the 2007-2012 period except for 2009 and 2010, when they fell by 8.4% and 3.1% respectively. In 2012, exports rose by 3.5% to reach US$335.9mn. In CAGR terms, exports grew by 3.8% from 2007-2012. By product area, performance ranged from 36.4% for patient aids to -12.2% for consumables.

  • Surgical instruments make up the bulk of a limited domestic manufacturing sector. This takes place in facilities in the Punjab region of Sialkot and...

Table of Contents

Espicom Industry View
7
SWOT
9
Medical Device Market
9
Political
11
Economic
13
Business Environment
14
Industry Forecast
15
Medical Device Market Forecast
15
2008-2013 Performance
15
2013-2018 Performance
16
Table: Projected Medical Device Market, 2013-2018
17
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
18
Consumables Market Forecast
21
Bandages & Dressings
21
Suturing Materials
21
Syringes, Needles & Catheters
21
Other Consumables
21
Table: Consumables Market, 2008-2018 (US$mn)
22
Table: Consumables Market, 2009-2018 (US$mn % Change)
23
Diagnostic Imaging Market Forecast
24
Electrodiagnostic Apparatus
24
Radiation Apparatus
25
Imaging Parts & Accessories
25
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
26
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
27
Dental Products Market Forecast
28
Capital Equipment
28
Instruments & Supplies
29
Table: Dental Products Market, 2008-2018 (US$mn)
29
Table: Dental Products Market, 2009-2018 (US$mn % Change)
29
Orthopaedics & Prosthetics Market Forecast
31
Fixation Devices
31
Artificial Joints
31
Other Artificial Body Parts
31
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
32
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
32
Patient Aids Market Forecast
33
Portable Aids
33
Therapeutic Appliances
34
Table: Patient Aids Market, 2008-2018 (US$mn)
34
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
34
Other Medical Devices Market Forecast
35
Table: Other Medical Devices Market, 2008-2018 (US$mn)
36
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
37
Annual Medical Device Imports
38
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)
41
Table: Medical Device Imports By Product Area, 2008-2012 (US$ 000s, % Change)
42
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
43
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)
44
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)
47
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)
48
Table: Detailed Medical Device Import Trends By Product Area, 2012
51
Table: Detailed Leading Medical Device Suppliers by Product Area, 2012 (US$000s)
54
Monthly Medical Device Imports
58
Table: Monthly Medical Device Imports By Product Area, February 2011-December 2013 (US$mn)
58
Annual Medical Device Exports
60
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)
62
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)
63
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
64
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)
65
Table: Top 20 Medical Device Destinations, 2012 (US$000s)
67
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)
68
Table: Detailed Medical Device Export Trends By Product Area, 2012
71
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)
76
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s)
79
Monthly Medical Device Exports
82
Table: Monthly Medical Device Exports By Product Area, February 2011-December 2013 (US$mn)
82
Macroeconomic Forecasts
84
Economic Analysis
84
Table: Pakistan - Economic Activity
87
Industry Risk Reward Ratings
88
Table: APAC Medical Device Risk/Reward Ratings, Q314
89
Market Overview
90
Medical Device Market Overview
90
Table: Medical Device Market, Key Ratios, 2013
91
Table: Medical Device Market By Product Area, 2013
92
Healthcare Overview
92
Health Status
92
Healthcare Funding
94
Healthcare Resources
94
Healthcare Activity
95
Healthcare Personnel
95
Key Healthcare Data
95
Table: Key Healthcare Data, 2008-2013
95
Industry Trends And Developments
98
Industry Trends & Developments
98
Regulatory Development
100
Medical Device Regulations
100
Competitive Landscape
101
Domestic Medical Device Production
101
Multinational Market Activity
101
Table: Multinational Market Activity, 2014
102
Medical Device Market Access
102
Distribution
102
Trade Associations
102
Methodology
103
Medical Device Market Methodology
103
Trade Code Classifications
104
Table: Used HS Trade Codes, 2014
104
Table: Rearranged HS Trade Codes, 2014
106
Risk/Reward Ratings Methodology
109
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
110
Sources
111
Contact
112

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

Key Benefits

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