|
|
 |
|
Viewing report
|
|
|
|
The Medical Device Market: Spain
Espicom Business Intelligence Ltd, Oct 2011, Pages: 98
The Spanish medical market is valued at US$4.5 billion in 2011.
The Spanish medical market ranks fifth in the EU-27 and eighth in the world. Nevertheless, medical spending per capita is on the low side for an EU-27 country. Over 80% of medical production is exported, therefore imports represent the majority of the market. As a result, Spain has one of the world’s largest medical trade deficits. Consumables are the largest medical sector, followed by patient aids products, diagnostic imaging apparatus and orthopaedic and prosthetic products.
Net medical production was in excess of US$1.1 billion in 2010.
Spain has a strong medical device manufacturing sector, which tends to be based around Madrid and Barcelona. Companies, however, tend to be small and concentrated at the low to medium technology end of the market. Major export categories included medical supplies, syringes, needles & catheters and X-ray equipment.
Latest 12 month trade data shows imports and exports slight decline in US$ terms.
Data to March 2011 shows a slight decrease in medical device imports for the latest twelve months (-3.1%) to US$4.0 billion. Exports showed a marginal decrease of 1.7%, but with the last quarter up 4.6% on the previous year. This follows on from a decrease in both imports (-4.7%) and exports (-0.5%) for 2009. Most of the medical market is supplied by imports, mainly from EU-27 countries; namely Germany, the Netherlands, France, Belgium and the UK.
Spain has around 804 hospitals, 485 of which private and 6000 high-end technology units.
Health services in Spain have been decentralised since 2002, therefore the medical industry needs to liaise with 17 regions separately. Increased regional autonomy has resulted in greater medical equipment disparities. In 2009, Spain had 6,000 high-end technology equipment units, mainly including CAT, MRI and mammography units. There were 50 operational PET units, of which half of them were PET-CAT. Also, there were 140 centres with nuclear medicine units.
The diagnostic imaging sector is monopolised by foreign companies.
In June 2009, the Hospital de la Santa Creu i Sant Pau in Barcelona signed a ten-year agreement for Philips Healthcare to manage the imaging technology needs of the hospital's imaging diagnostics department at a fixed monthly fee. The agreement includes management of equipment from imaging specialties including MR, CT, nuclear medicine, X-ray and ultrasound. As a result of the agreement, Hospital Sant Pau will become an international reference site for Philips Healthcare. This is a move in a competitive sector monopolised by foreign companies.
Includes 3 quarterly updated outlook reports!
|
|
|
|
