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The Medical Device Market: Norway

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

OVERVIEW OF THE MEDICAL MARKET IN NORWAY
The size of the Norwegian medical device market is estimated to be US$1 6bn in 2013, equal to US$321 per capita The market is expected to grow by 2 5% per annum to reach US$1 8bn by 2018, equal to US $351 per capita The population of Norway is estimated to be 5 0mn in 2013, with 16 0% of the total aged 65 years and over Norway has a stable, affluent economy but was nevertheless affected by the global economic downturn Real GDP fell by 1 7% in 2009, according to figures from BMI, but it returned to growth between 2010 and 2012 and is due to grow at an average 2 4% per annum between 2013 and 2018

Healthcare expenditure has continued its steady growth in recent years, increasing by a CAGR of 2 5% between 2008 and 2013 Private expenditure accounts for around 14% of the total; out-of-pocket payments represent almost all of this is
Due to the small scale of domestic production, any increases in market demand are likely to be met by imports In 2012, imports were US$1,065 6mn, an increase of 3 5% over 2011, with a CAGR of 3 4% for the period between 2007 and 2012 There was a balance of trade deficit of US$757mn in 2012


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Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format Each report provides in-depth information, setting the medical equipment market in context The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom’s unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market



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Table Of Contents

The Medical Device Market: Norway
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$mn, % Change) 25
Consumables Market Forecast 29
Table: Consumables Market, 2008-2018 (US$mn) 29
Table: Consumables Market, 2008-2018 (US$ Per Capita) 30
Table: Consumables Market, 2009-2018 (US$mn % Change) 31
Diagnostic Imaging Market Forecast 33
Electrodiagnostic Apparatus Sector 33
Radiation Apparatus Sector 34
Imaging Parts and Accessories Sector 34
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita) 35
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change) 36
Dental Products Market Forecast 38
Table: Dental Products Market, 2008-2018 (US$mn) 39
Table: Dental Products Market, 2008-2018 (US$ Per Capita) 39
Table: Dental Products Market, 2009-2018 (US$mn % Change) 40
Orthopaedics and Prosthetics Market Forecast 42
Table: Orthopaedics and Prosthetics Market, 2008-2018 (US$mn) 43
Table: Orthopaedics and Prosthetics Market, 2008-2018 (US$ Per Capita) 43
Table: Orthopaedics and Prosthetics Market, 2009-2018 (US$mn % Change) 44
Patient Aids Market Forecast 45
Table: Patient Aids Market, 2008-2018 (US$mn) 46
Table: Patient Aids Market, 2008-2018 (US$ Per Capita) 46
Table: Patient Aids Market, 2009-2018 (US$mn % Change) 47
Other Medical Devices Market Forecast 49
Table: Other Medical Devices Market, 2008-2018 (US$mn) 50
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita) 50
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change) 51

Annual Medical Device Imports 53
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s) 57
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change) 58
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s) 59
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change) 60
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution) 61
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 64
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution) 65
Table: Top 20 Medical Device Suppliers, 2012 (US$000s) 66
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s) 67
Table: Detailed Medical Device Import Trends By Product Area, 2012 70
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s) 73
Monthly Medical Device Imports 76
Table: Monthly Medical Device Imports By Product Area, June 2010-June 2013 (US$mn) 77
Annual Medical Device Exports 78
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s) 81
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change) 82
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s) 83
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change) 84
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution) 86
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) 90
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s) 91
Table: Detailed Medical Device Export Trends By Product Area, 2012 94
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s) 97
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s) 100
Monthly Medical Device Exports 103
Table: Monthly Medical Device Exports By Product Area, June 2010-June 2013 (US$mn) 104
Macroeconomic Forecasts 106
Economic Analysis 106
GDP By Expenditure 108
Risks To Outlook 111
Table: NORWAY - GDP BY EXPENDITURE, REAL GROWTH % 111
Industry Risk Reward Ratings 112
Table: Espicom Analysis Of The Medical Device Market, 2013 112
Market Overview 114
Overview 114
Table: Medical Device Market, Key Ratios, 2013 115
The Market In 2013 115
Table: Medical Device Market By Category, 2013 116
Healthcare Overview 116
Healthcare System 116
Health Expenditure 120
Table: Key Data, 2008-2013 121

Industry Trends and Developments 124
Regulatory Development 129
Medical Device Regulations 129
Competitive Landscape 130
Domestic Medical Device Production 130
Table: Medical Device Production By Product Area, 2007-2012 (EUR000s) 130
National Medical Device Manufacturers 131
Multinational Medical Device Manufacturers 133
Multinational Market Activity 133
Table: Multinational Market Activity, 2013 134
Medical Device Market Access 135
Trade Associations 135
Table: LFH Members 2012 135
Table: NLF Members - October 2013 137
Methodology 139
Table: Used HS Trade Codes, 2013 140
Table: Rearranged HS Trade Codes, 2013 142

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