|
|
 |
|
Viewing report
|
|
|
|
The Medical Device Market: Israel
Espicom Business Intelligence Ltd, Sep 2009, Pages: 118
This in-depth medical device market report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.
Executive Summary
Israel borders Lebanon, Syria, Jordan, Egypt and the Mediterranean Sea. Lying within its borders are areas that the Palestinians claim as their own; the threat of terrorism dominates the political landscape.
Israel has the largest medical device market in the Middle East region and this is set to grow at an attractive rate of 6.1% in the medium term. Much of the market, at over 80%, is supplied by imports, and a significant portion of these in value terms are dominated by “high-end” products falling under the diagnostic imaging apparatus category.
In terms of expenditure, Israel spends around 8.0% of total GDP on healthcare, and per capita spending rates are considered high by regional and world standards. Much of spending is in the public sector and the government has made allowances in recent years to expand the number of services and treatment offered by public health insurance programmes. The country also has a rapidly growing elderly demographic that is contributing to rising healthcare costs.
As well as being a political ally, the US is one of the leading suppliers of imports, along with Germany; the two countries shipped a combined total of US$292.1 million, equal to just under half of total imports in 2007. The EU and the US are vital trade partners for Israel, as the country is isolated from its Arab neighbours and conducts virtually no trade with them.
Thanks to a substantial domestic production capacity, Israel exported over US$1 billion worth of goods in 2007, primarily diagnostic imaging equipment, which was responsible for over half the total.
Espicom estimates the medical device market in Israel to be worth US$661 million in 2009, equal to US$89 per capita. The market is expected to experience annual growth of 6.1%, taking it to US$889 million, or US$110 per capita, by 2014.
Customers who bought this item also bought
The Medical Device Market: China
The Medical Device Market: Iran
The Medical Device Market: Turkey
The Medical Device Market: Slovakia
The Medical Device Market: Brazil
The Medical Device Market: Morocco
The Medical Device Market: Argentina
The Medical Device Market: Romania
The Medical Device Market: Russia
The Medical Device Market: Venezuela
The Medical Device Market: USA
The Medical Device Market: Austria
|
|
|
|
