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The Medical Device Market: Greece

  • January 2014
  • -
  • Espicom Business Intelligence
  • -
  • 156 pages

OVERVIEW OF THE MEDICAL MARKET IN GREECE


Although the Greek economy is still stuck in the doldrums, a spate of positive economic developments in recent months has fuelled a stellar market rally in bonds and equities, and has provided some much needed respite for the hardened coalition On the macro front, a continued slowdown in the rate of economic contraction, coupled with a pickup in consumer sentiment, suggests that the acute phase of the crisis is gradually giving way to a period of stabilisation A return to positive growth and a sustainable recovery is still some way off, but following five years of depression, the worst has now past In 2013,
GDP is expected to decrease by 4 2% in real terms to US$247 2bn, equal to US$21,602 per capita

The government also secured a welcome vote of confidence from rating agency Fitch which upgraded the Greek sovereign one notch to B- on May 15 Although still well below investment grade, this is nonetheless an important concession that recognises the progress made by the coalition in overhauling the public finances The European Commission, for its part, has indicated that it expects Greece to meet its bailout requirements in 2013 and 2014, while still warning that additional austerity measures could be required for 2015 and 2016 Further reflecting the progress being made on fiscal reform, the International
Monetary Fund agreed to release a EUR1 7 bn disbursement at the end of May While these developments do not mark a conclusive end to an era of fiscal reform, it nonetheless reflects a turning point for the Greek government which is slowly clawing back its economic credibility

Table Of Contents

The Medical Device Market: Greece
Contents
BMI Industry View 7
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 15
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn) 16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita) 20
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total) 23
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn % Change) 26
Consumables Market Forecast 29
Table: Consumables Market, 2008-2018 (US$mn) 29
Table: Consumables Market, 2008-2018 (US$ Per Capita) 30
Table: Consumables Market, 2009-2018 (US$mn % Change) 31
Diagnostic Imaging Market Forecast 34
Table: Diagnostic Imaging Market, 2008-2018 (US$mn) 35
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita) 36
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change) 37
Dental Products Market Forecast 39
Table: Dental Products Market, 2008-2018 (US$mn) 40
Table: Dental Products Market, 2008-2018 (US$ Per Capita) 40
Table: Dental Products Market, 2009-2018 (US$mn % Change) 41
Orthopaedics and Prosthetics Market Forecast 43
Table: Orthopaedics and Prosthetics Market, 2008-2018 (US$mn) 44
Table: Orthopaedics and Prosthetics Market, 2008-2018 (US$ Per Capita) 44
Table: Orthopaedics and Prosthetics Market, 2009-2018 (US$mn % Change) 45
Patient Aids Market Forecast 46
Table: Patient Aids Market, 2008-2018 (US$mn) 47
Table: Patient Aids Market, 2008-2018 (US$ Per Capita) 47
Table: Patient Aids Market, 2008-2018 (US$mn % Change) 48
Other Medical Devices Market Forecast 50
Table: Other Medical Devices Market, 2008-2018 (US$mn) 51
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita) 52
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change) 53
Annual Medical Device Imports 55
Table: Summary Medical Device Imports By Product Area, 2008-2012 (US$000s) 58
Table: Summary Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change) 59

Table: Summary Medical Device Imports By Product Area, 2008-2012 (EUR000s) 60
Table: Summary Medical Device Imports By Product Area, 2008-2012 (EUR000s, % Change) 61
Table: Summary Medical Device Imports By Product Area, 2008-2012 (% Distribution) 63
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 66
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution) 67
Table: Top 20 Medical Device Suppliers, 2012 (US$000s) 68
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$00s) 69
Table: Detailed Medical Device Import Trends By Product Area, 2012 72
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 76
Monthly Medical Device Imports 79
Table: Monthly Medical Device Imports By Product Area, August 2010-August 2013 (US$mn) 79
Annual Medical Device Exports 81
Table: Summary Medical Device Exports By Product Area, 2008-2012 (US$000s) 84
Table: Summary Medical Device Exports By Product Area, 2008-2012 (US$000s % Change) 85
Table: Summary Medical Device Exports By Product Area, 2008-2012 (EUR000s) 86
Table: Summary Medical Device Exports By Product Area, 2008-2012 (EUR000s, % Change) 87
Table: Summary Medical Device Exports By Product Area, 2008-2012 (% Distribution) 89
Table: Leading Medical Device Destinations By Product Area, 2012 (US$000s) 92
Table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution) 93
Table: Top 20 Medical Device Destinations, 2012 (US$000s) 94
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s) 95
Table: Detailed Medical Device Export Trends By Product Area, 2012 98
Table: Detailed Medical Device Destinations By Product Area, 2012 (US$000s) 102
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s) 106
Monthly Medical Device Exports 109
Table: Monthly Medical Device Exports By Product Area, August 2010-August 2013 (US$mn) 109
Macroeconomic Forecasts 112
Economic Analysis 112
Table: Greece - Economic Activity 116
Industry Risk Reward Ratings 117
Industry Risk Reward Ratings 117
Table: Espicom Analysis Of The Medical Device Market, 2013 117
Market Overview 119
Medical Device Market Overview 119
Table: Medical Device Market, Key Ratios, 2013 120
Table: Medical Device Market By Category, 2013 121
Healthcare Overview 122
Healthcare System 122
EU Directive Cross-Border Care 124
Health Expenditure 124
Key Data 125
Table: Key Data, 2008-2013 125
Medical Device Technology 127
Table: Diagnostic Imaging Technology By Type, 2005-2010 127
Industry Trends And Developments 129

Industry Trends and Developments 129
Regulatory Development 131
Medical Device Regulations 131
Competitive Landscape 132
Domestic Medical Device Production 132
Table: Detailed Medical Device Production By Product Area, 2008-2012 (EURmn) 132
Table: Detailed Medical Device Production By Product Area, 2008-2012 (US$mn) 135
Table: Detailed Medical Device Production By Product Area, 2008-2012 (% Distribution) 138
Multinational Market Activity 142
Table: Multinational Market Activity, 2013 142
Medical Device Market Access 143
Market Environment 143
Trade Organisation 143
Table: Medical Device Manufacturers/Distributors Of Hellasmes, 2013 143
Trade Show 146
Methodology 147
Medical Device Market Methodology 147
Trade Code Classifications 148
Table: Used HS Trade Codes, 2014 148
Table: Rearranged HS Trade Codes, 2014 150
Risk/Reward Ratings Methodology 153
Table: Medical Devices Risk/Reward Ratings Indicators, 2014 154
Sources 155
Contact 156

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