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Norway Medical Devices Report Q1 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 137 pages

Includes 3 FREE quarterly updates

BMI Industry View: The Norwegian medical device market is limited by the size of the population, butenjoys above average per capita spending of USD300 The market is projected to grow at a US dollarCAGR of 39% to 2019 with the ageing population the main growth driver The market will continue to beimport-led with much of domestic production geared to the export market

Latest Updates And Key Forecasts

- We forecast that the Norwegian medical device market will grow at a 2014-2019 CAGR of 39%, fromUSD1,5292mn in 2014 to USD1,8531mn in 2019 Growth will range from 25% for patient aids up to51% for other medical devices This will make Norway the second fastest growing market in WesternEurope, behind the UK

- We expect currency weakness and falling oil revenues will impact on US dollar import values in theshort-term Imports contracted by 141% in US dollar terms in the three months to June 2015 and by43% in the 12 months to June 2015, taking the running annual total to just under USD11bn-We believe that export activity will continue to pick up as demand strengthens within the eurozone andthe rest of Europe, although currency weakness will impact on the US dollar value of imports in the shortterm The weak krone has contributed to a y-o-y dollar decline of 48% in the running annual export totalto USD3338mn for the 12 months to June 2015 and a 64% fall in imports during Q215

Table Of Contents

Norway Medical Devices Report Q1 2016
BMI Industry View 7
Table: Projected Medical Device Market, 2014-2019 7
SWOT 8
Medical Device Market 8
Industry Forecast 9
Medical Device Market Forecast 9
Latest Updates 9
Structural Trends 9
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn) 11
Consumables Market Forecast 16
Latest Updates 16
Structural Trends 16
Bandages and Dressings 16
Suturing Materials 17
Syringes, Needles and Catheters 17
Other Consumables 17
Table: Consumables Market, 2009-2019 (USDmn) 18
Table: Consumables Market, 2010-2019 (USDmn % Change) 19
Diagnostic Imaging Market Forecast 21
Latest Updates 21
Structural Trends 21
Electrodiagnostic Apparatus 21
Radiation Apparatus 22
Imaging Parts and Accessories 22
Table: Diagnostic Imaging Market, 2009-2019 (USDmn) 23
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change) 24
Dental Products Market Forecast 26
Latest Updates 26
Structural Trends 26
Capital Equipment 26
Instruments and Supplies 26
Table: Dental Products Market, 2009-2019 (USDmn) 27
Table: Dental Products Market, 2010-2019 (USDmn % Change) 28
Orthopaedics and Prosthetics Market Forecast 29
Latest Updates 29
Structural Trends 30
Fixation Devices 30
Artificial Joints 30
Other Artificial Body Parts 30
Table: Orthopaedics and Prosthetics Market, 2009-2019 (USDmn) 31
Table: Orthopaedics and Prosthetics Market, 2010-2019 (USDmn % Change) 31
Patient Aids Market Forecast 33
Latest Updates 33
Structural Trends 33
Portable Aids 33
Therapeutic Appliances 34
Table: Patient Aids Market, 2009-2019 (USDmn) 34
Table: Patient Aids Market, 2010-2019 (USDmn % Change) 35
Other Medical Devices Market Forecast 37
Latest Updates 37
Structural Trends 37
Table: Other Medical Devices Market, 2009-2019 (USDmn) 38
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change) 39
Annual Medical Device Imports 41
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s) 44
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s) 45
Table: Top 20 Medical Device Suppliers, 2014 (USD000s) 47
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s) 48
Table: Detailed Medical Device Import Trends By Product Area, 2014 52
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s) 56
Monthly Medical Device Imports 60
Table: Monthly Medical Device Imports By Product Area, Year Ending June 2015 (USDmn) 60
Annual Medical Device Exports 61
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s) 65
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s) 66
Table: Top 20 Medical Device Destinations, 2014 (USD000s) 68
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s) 69
Table: Detailed Medical Device Export Trends By Product Area, 2014 72
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s) 75
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s) 78
Monthly Medical Device Exports 81
Table: Monthly Medical Device Exports By Product Area, Year Ending June 2015 (USDmn) 81
Industry Risk/Reward Index 82
Table: WE Medical Device Risk/Reward Index, Q116 83
Market Overview 84
Table: Medical Device Market, Key Ratios, 2014 84
Table: Medical Device Market By Product Area, 2014 84
Healthcare Overview 85
Health Status 85
Healthcare System 87
Healthcare Funding 92
Table: Healthcare Expenditure 2011-2014 94
Healthcare Resources 94
Healthcare Activity 95
Healthcare Personnel 95
Key Healthcare Data 95
Table: Key Healthcare Data, 2010-2015 95
Industry Trends and Developments 98
Table: Health Expenditure, 2011-2014 103
Regulatory Development 107
Medical Device Regulations 107
Competent Authority 107
NotifiedBodies 107
Regulations 107
Medical Device Pricing and Reimbursement 107
Reimbursement 107
Health Technology Assessment 108
Competitive Landscape 109
Domestic Medical Device Production 109
Table: Medical Device Production By Product Area, 2010-2014 (EUR000s) 109
Table: Medical Device Production By Product Area, 2010-2014 (USD000s) 113
Domestic Medical Device Manufacturing 116
National Medical Device Manufacturers 119
Multinational Medical Device Manufacturers 122
Multinational Market Activity 122
Table: Multinational Market Activity, 2015 122
Medical Device Market Access 124
Procurement 124
Trade Associations 125
Table: LFH Members March 2014 125
Table: NLF Members - September 2014 126
Trade Shows 127
Methodology 128
Forecast Methodology 128
Trade Code Classifications 129
Table: Rearranged HS Trade Codes 130
Risk/Reward Index Methodology 133
Table: Medical Devices Risk/Reward Index Indicators 134
Sources 136
Contact 137

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