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  4. > The Medical Device Market: Iraq

The Medical Device Market: Iraq

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

Espicom Industry View
• Despite tentative improvements in relations between Baghdad and Erbil, the political situation in Iraq
continues to deteriorate The level of political violence in Iraq has increased significantly over recent
months July was the deadliest month in more than five years according to the UN mission in Baghdad
Iraq's radical Islamist insurgency has become increasingly active after a popular protest movement which
developed since the end of 2012 in predominantly Sunni provinces of the country was crushed by the
government The Sunni minority - comprising approximately 30% of the total population - feels
increasingly sidelined by the government, led by Shi'a Prime Minister Nouri al-Maliki, while the ongoing
sectarian war in neighbouring Syria will continue to inflame tensions in the country BMI believes the
country's political blocs will reach some form of agreement which will avoid the descent into outright
civil war Under a scenario whereby political risks continue to increase, however, prospects of an
eventual partition of the country should not be underestimated
• In US dollar terms, GDP totals US$322 9bn in 2013, equal to US$9,563 8 per capita BMI projects real
GDP growth of 10 5% and 10 7% in 2013 and 2014, respectively This is a revision on BMI's projections,
down from 11 2% in 2013 and 14 5% in 2014 previously, primarily due to the prospects for the oil sector
over the coming few quarters That said, BMI reaffirms its constructive view on the country's mediumterm
economic outlook and sees private consumption and exports remaining the key growth drivers of the
economy BMI forecasts real growth averaging 10 3% between 2013 and 2017, making Iraq the fastest
growing economy in the MENA region over the coming years

Table Of Contents

The Medical Device Market: Iraq
Espicom 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
Past Performance 2008-2013 13
Future Performance 2013-2018 14
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) 19
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% of Total) 22
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn, % Change) 25
Consumables Market Forecast 28
Table: Consumables Market, 2008-2018 (US$mn) 29
Table: Consumables Market, 2008-2018 (US$ Per Capita) 31
Table: Consumables Market, 2009-2018 (US$mn % Change) 32
Diagnostic Imaging Market Forecast 34
Table: Diagnostic Imaging Market, 2008-2018 (US$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, 2009-2018 (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) 51
Table: Other Medical Devices Market, 2009-2019 (US$mn % Change) 52
Annual Medical Device Imports 54

Table: Medical Device Imports By Product Area, 2008-2012 (US$000s) 58
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change) 59
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s) 60
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change) 61
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution) 62
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 65
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution) 66
Table: Top 20 Medical Device Suppliers, 2012 (US$000s) 67
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s) 68
Table: Detailed Medical Device Import Trends By Product Area, 2012 71
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 75
Monthly Medical Device Imports 77
Table: Monthly Medical Device Imports By Product Area, December 2010-June 2013 (US$mn) 78
Annual Medical Device Exports 79
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s) 82
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change) 83
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s) 84
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change) 85
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution) 87
Table: Leading Medical Device Destinations By Product Area, 2012 (US$000s) 88
Table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution) 89
Table: Top 20 Medical Device Destinations, 2012 (US$000s) 91
Table: Detailed Medical Device Exports By Product Area, 2012 (US$000s) 92
Table: Detailed Medical Device Export Trends By Product Area, 2012 95
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s) 98
Table: Detailed Medical Device Trade Balance, 2008-2012 (US$000s) 101
Monthly Medical Device Exports 104
Table: Monthly Medical Device Exports By Product Area, December 2010-June 2013 (US$mn) 105
Macroeconomic Forecasts 107
Economic Analysis 107
Table: Iraq - Economic Activity 114
Industry Risk Reward Ratings 115
Table: Espicom Analysis Of The Medical Device Market, 2013 115
Market Overview 117
Medical Device Market Overview 117
Table: Medical Device Market, Key Ratios, 2013 117
Table: Medical Device Market By Product Area, 2013 118
Healthcare Overview 119
Healthcare System 119
Health Expenditure 120
Medical Technology 120
Key Data 121
Table: Key Data, 2008-2013 121
Industry Trends And Developments 124
Industry Trends and Developments 124

Regulatory Development 126
Medical Device Regulations 126
Competitive Landscape 127
Domestic Medical Device Manufacturing 127
Multinational Market Activity 127
Table: Multinational Market Activity, 2013 127
Medical Device Market Access 127
Market Environment 127
Distribution 128
Trade Shows 128
Methodology 129
Table: Used HS Trade Codes, 2013 130
Table: Rearranged HS Trade Codes, 2013 132

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