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Kuwait Medical Devices Report Q2 2016

  • March 2016
  • -
  • Business Monitor International
  • -
  • 111 pages

Includes 3 FREE quarterly updates

BMI View: Lower oil prices will have a detrimental effect on Kuwait's economy, weighing slightly on thegovernment's expenditure plans but more notably on business confidence and consumer spending, whichwill have an impact on medical device consumption. Market growth will be moderate, benefitting fromhealthcare infrastructure developments and health insurance expansion.

Latest Updates and Key Forecasts

- We forecast that the market will record a moderate 2014-2019 CAGR of 6.4% in US dollar terms, whichwill take expenditure to USD467.7mn. The mid single-digit dollar growth rate will reflect a slightdepreciation of Kuwait's dinar over the forecast period.

- The market will rely on imports. We expect moderate import growth in US dollar terms over the comingyears, following a contraction recorded in 2014. Imports rose by 6.2% to USD95.0mn in Q115, but fellby 5.8% to USD351.4mn in the 12 months to March 2015.

- Export performance will be uneven in US dollar terms, while exports will remain small, resulting in anegative trade balance. Exports increased by a high margin to USD2.0mn in Q115, and rose by 77.4% toUSD8.0mn in the 12 months to March 2015.

Table Of Contents

Kuwait Medical Devices Report Q2 2016
BMI Industry View 7
Table: Projected Medical Device Market, 2014-2019 7
Latest Updates and Key Forecasts 7
SWOT 8
Medical Device Market 8
Industry Forecast 10
Medical Device Market Forecast 10
Latest Updates 10
Structural Trends 10
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn) 12
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 22
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 27
Table: Dental Products Market, 2009-2019 (USDmn) 27
Table: Dental Products Market, 2010-2019 (USDmn % Change) 28
Orthopaedics and Prosthetics Market Forecast 30
Latest Updates 30
Structural Trends 30
Fixation Devices 30
Artificial Joints 31
Other Artificial Body Parts 31
Table: Orthopaedics and Prosthetics Market, 2009-2019 (USDmn) 31
Table: Orthopaedics and Prosthetics Market, 2010-2019 (USDmn % Change) 32
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 51
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s) 54
Monthly Medical Device Imports 57
Table: Monthly Medical Device Imports By Product Area, Year Ending March 2015 (USDmn) 57
Annual Medical Device Exports 58
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s) 60
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s) 61
Table: Top 20 Medical Device Destinations, 2014 (USD000s) 63
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s) 64
Table: Detailed Medical Device Export Trends By Product Area, 2014 67
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s) 70
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s) 73
Monthly Medical Device Exports 76
Table: Monthly Medical Device Exports By Product Area, Year Ending March 2015 (USDmn) 76
Industry Risk Reward Ratings 77
Industry Risk Reward Index 77
Table: MEA Medical Device Risk/Reward Index, Q216 78
Market Overview 79
Medical Device Market Overview 79
Table: Medical Device Market, Key Ratios, 2014 79
Table: Medical Device Market By Product Area, 2014 80
Healthcare Overview 80
Health Status 80
Healthcare System 81
Healthcare Funding 83
Healthcare Resources 84
Healthcare Activity 85
Healthcare Personnel 86
Key Healthcare Data 87
Table: Key Healthcare Data, 2010-2015 87
Industry Trends And Developments 89
Industry Trends and Developments 89
Regulatory Development 91
Medical Device Regulations 91
Competent Authority 91
Regulation 91
Regional Harmonisation 92
Competitive Landscape 93
Multinational Market Activity 93
Table: Multinational Market Activity, 2016 93
Medical Device Market Access 97
Distribution 97
Distributors 97
Trade Associations 100
Trade Shows 101
Methodology 102
Forecast Methodology 102
Trade Code Classifications 103
Table: Rearranged HS Trade Codes 104
Risk/Reward Index Methodology 107
Table: Medical Devices Risk/Reward Index Indicators 108
Sources 110
Contact 111

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