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Cuba Medical Devices Report Q2 2016, Business Monitor International

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

Includes 3 FREE quarterly updates

BMI View: We forecast that the small Cuban market will register moderate growth of 7.6% over theforecast period, supported by stronger economic growth. The market will rely on imports from mainlyEurope and China, and increasingly from Japan. US suppliers cannot compete due to the US tradeembargo, likely to remain in place until at least 2017, but opportunities will exist in a post-embargo era.Opportunities remain for other foreign companies, particularly from the fellow communist China.

Latest Forecasts And Key Updates

- We maintain that the market will register a moderate 2014-2019 CAGR of 7.6% in US dollar terms,which will take expenditure to USD182.5mn. Market growth will slow down over the 2017-2019 period,following a double-digit rise in 2016.

- Import reliance will remain strong despite the government's efforts to contain imports. Imports rose by38.1% in US dollar terms to USD42.4mn in the three months to August 2015, and increased by 29.0% toUSD130.4mn in the 12 months to August 2015. In comparison, imports rose by only 0.7% toUSD110.9mn in 2014.

Table Of Contents

Cuba Medical Devices Report Q2 2016, Business Monitor International
BMI Industry View 7
Table: Projected Medical Device Market, 2014-2019 7
Latest Forecasts And Key Updates 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 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 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 31
Artificial Joints 31
Other Artificial Body Parts 31
Table: Orthopaedics and Prosthetics Market, 2009-2019 (USDmn) 32
Table: Orthopaedics and Prosthetics Market, 2010-2019 (USDmn % Change) 32
Patient Aids Market Forecast 34
Latest Updates 34
Structural Trends 34
Portable Aids 34
Therapeutic Appliances 35
Table: Patient Aids Market, 2009-2019 (USDmn) 35
Table: Patient Aids Market, 2010-2019 (USDmn % Change) 36
Other Medical Devices Market Forecast 38
Latest Updates 38
Structural Trends 38
Table: Other Medical Devices Market, 2009-2019 (USDmn) 39
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change) 40
Annual Medical Device Imports 42
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s) 45
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s) 46
Table: Top 20 Medical Device Suppliers, 2014 (USD000s) 48
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s) 49
Table: Detailed Medical Device Import Trends By Product Area, 2014 52
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s) 55
Monthly Medical Device Imports 58
Table: Monthly Medical Device Imports By Product Area, Ending August 2015 (USDmn) 58
Annual Medical Device Exports 59
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s) 61
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s) 62
Table: Top 14 Medical Device Destinations, 2014 (USD000s) 64
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s) 65
Table: Detailed Medical Device Export Trends By Product Area, 2014 68
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s) 71
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s) 74
Monthly Medical Device Exports 77
Table: Monthly Medical Device Exports By Product Areas, Ending August 2015 (USDmn) 77
Industry Risk/Reward Index 78
Table: Americas Medical Device Risk/Reward Index, Q216 79
Market Overview 80
Medical Device Market Overview 80
Table: Medical Device Market, Key Ratios, 2014 80
Table: Medical Device Market By Product Area, 2014 81
Healthcare Overview 81
Health Status 81
Healthcare System 83
Public Healthcare Providers 84
Healthcare Funding 84
Healthcare Resources 85
Healthcare Services 86
Healthcare Personnel 86
Key Healthcare Data 87
Table: Key Healthcare Data, 2010-2015 87
Industry Trends And Developments 90
Industry Trends and Developments 90
Regulatory Development 93
Medical Device Regulations 93
Competent Authority 93
Regulations 93
Table: Medical Device Regulations, 1992-2015 94
Registrations 96
Table: Registration Fees By Class And Complexity Type, Since October 1 2014 (CUP) 97
Table: Renewal Fees By Class And Complexity Type, Since October 1 2014 (CUP) 97
Competitive Landscape 98
Domestic Medical Device Manufacturing 98
National Medical Device Manufacturers 98
Multinational Market Activity 101
Medical Device Market Access 101
Market Environment 101
Distribution 101
Trade Embargo 102
Trade Association 103
Table: Biotechnology, Pharmaceutical and Healthcare's Members Of CAMARACUBA, 2010 103
Trade Shows and Congresses 104
Methodology 108
Forecast Methodology 108
Trade Code Classifications 109
Table: Rearranged HS Trade Codes 110
Risk/Reward Index Methodology 113
Table: Medical Devices Risk/Reward Index Indicators 114
Sources 116
Contact 117

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