Business Monitor International


Pakistan Medical Devices Report

Published 17 November 2014

  • 134 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Pakistan Medical Devices Report

BMI 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 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 equipment is of a...

Table of Contents

Espicom Industry View
9
SWOT
11
Medical Device Market
11
Political
13
Economic
15
Business Environment
16
Industry Forecast
17
Medical Device Market Forecast
17
2008-2013 Performance
17
2013-2018 Performance
18
Table: Projected Medical Device Market, 2013-2018
19
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
20
Consumables Market Forecast
23
Bandages & Dressings
23
Suturing Materials
23
Syringes, Needles & Catheters
23
Other Consumables
23
Table: Consumables Market, 2008-2018 (US$mn)
24
Table: Consumables Market, 2009-2018 (US$mn % Change)
25
Diagnostic Imaging Market Forecast
26
Electrodiagnostic Apparatus
26
Radiation Apparatus
27
Imaging Parts & Accessories
27
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
28
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
29
Dental Products Market Forecast
30
Capital Equipment
30
Instruments & Supplies
31
Table: Dental Products Market, 2008-2018 (US$mn)
31
Table: Dental Products Market, 2009-2018 (US$mn % Change)
31
Orthopaedics & Prosthetics Market Forecast
33
Fixation Devices
33
Artificial Joints
33
Other Artificial Body Parts
33
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
34
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
34
Patient Aids Market Forecast
35
Portable Aids
35
Therapeutic Appliances
36
Table: Patient Aids Market, 2008-2018 (US$mn)
36
Table: Patient Aids Market, 2009-2018 (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, 2009-2018 (US$mn % Change)
39
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)
43
Table: Medical Device Imports By Product Area, 2008-2012 (US$ 000s, % Change)
44
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
45
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)
46
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)
49
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)
50
Table: Detailed Medical Device Import Trends By Product Area, 2012
53
Table: Detailed Leading Medical Device Suppliers by Product Area, 2012 (US$000s)
56
Monthly Medical Device Imports
60
Table: Monthly Medical Device Imports By Product Area, February 2011-December 2013 (US$mn)
60
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)
64
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)
65
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
66
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)
67
Table: Top 20 Medical Device Destinations, 2012 (US$000s)
69
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2012
73
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)
78
Table: Detailed Medical Device Trade Balance, 2008-2012 (US$000s)
81
Monthly Medical Device Exports
84
Table: Monthly Medical Device Exports By Product Area, February 2011-December 2013 (US$mn)
84
Macroeconomic Forecasts
86
Economic Analysis
86
Table: Economic Activity (Pakistan 2009-2018)
89
Industry Risk Reward Ratings
90
Table: APAC Medical Device Risk/Reward Ratings, Q414
91
Market Overview
92
Medical Device Market Overview
92
Table: Medical Device Market, Key Ratios, 2013
93
Table: Medical Device Market By Product Area, 2013
94
Healthcare Overview
94
Health Status
94
Healthcare Funding
96
Healthcare Resources
96
Healthcare Activity
97
Healthcare Personnel
97
Key Healthcare Data
97
Table: Key Healthcare Data, 2008-2013
97
Industry Trends And Developments
100
Industry Trends & Developments
100
Regulatory Development
102
Medical Device Regulations
102
Competitive Landscape
103
Domestic Medical Device Production
103
Multinational Market Activity
104
Table: Multinational Market Activity, 2014
104
Medical Device Market Access
105
Distribution
105
Trade Association
105
Methodology
106
Medical Device Market Methodology
106
Trade Code Classifications
107
Table: Used HS Trade Codes, 2014
107
Table: Rearranged HS Trade Codes, 2014
109
Risk/Reward Ratings Methodology
112
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
113
Sources
114
Contact
115

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.

secure
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%

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