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The Medical Device Market: Denmark

  • ID: 3163689
  • February 2015
  • Region: Denmark
  • 176 Pages
  • Espicom Business Intelligence Ltd
The Market is Projected to Grow at a CAGR of 1.9% in US Dollar Terms and 3.8% in Local Currency Terms Over the 2013-2018 Period

FEATURED COMPANIES

  • Ambu
  • Argon Medical
  • ConvaTec
  • Danaher Corporation
  • Guldmann
  • Radiometer
  • MORE

Denmark represents a mature medical device market with above average per capita spending. The market is being constrained by slow economic growth, which is increasing pressure to scale back the country's generous welfare system. As such the market is only expected to show low growth with a US dollar CAGR of 1.9% forecast for the 2013-2018 period. Local production is focused on consumables and patient aids, primarily hearing aids, leaving the majority of the market heavily dependent on imports.

Headline Industry Forecasts:

- The medical device market is valued at USD1,587.3mn in 2013, equal to USD283 per capita. The market is projected to grow at a CAGR of 1.9% in US dollar terms and 3.8% in local currency terms over the 2013-2018 period to attain a value of USD1,740.2mn by 2018.
- Medical device imports supply around 78% of the medical device market. Between 2008 and 2013, imports contracted by a CAGR of -1.2% in US dollar terms. The running annual total amounted to USD1,453.2mn in the 12 months to December 2014, representing a small y-o-y decline of 1.2% in US dollar terms.
- Medical device exports contracted by a CAGR of -1.4% in US dollar terms over the 2008-2013 READ MORE >

Note: Product cover images may vary from those shown
The Market is Projected to Grow at a CAGR of 1.9% in US Dollar Terms and 3.8% in Local Currency Terms Over the 2013-2018 Period

FEATURED COMPANIES

  • Ambu
  • Argon Medical
  • ConvaTec
  • Danaher Corporation
  • Guldmann
  • Radiometer
  • MORE

1. SWOT

2. Medical Device Market

3. Political

4. Economic

5. Business Environment

6. Industry Forecast

7. Medical Device Market Forecast

8. 2008-2013 Performance

9. 2013-2018 Performance

- Table: Projected Medical Device Market, 2013-2018
- Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)

10. Consumables Market Forecast

11. Bandages & Dressings

12. Suturing Materials

13. Syringes, Needles & Catheters

14. Other Consumables

- Table: Consumables Market, 2008-2018 (US$mn)
- Table: Consumables Market, 2009-2018 (US$mn % Change)

15. Diagnostic Imaging Market Forecast

16. Electrodiagnostic Apparatus

17. Radiation Apparatus

18. Imaging Parts & Accessories

- Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
- Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)

19. Dental Products Market Forecast

20. Capital Equipment

21. Instruments & Supplies

- Table: Dental Products Market, 2008-2018 (US$mn)
- Table: Dental Products Market, 2009-2018 (US$mn % Change)

22. Orthopaedics & Prosthetics Market Forecast

23. Fixation Devices

24. Artificial Joints

25. Other Artificial Body Parts

- Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
- Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)

26. Patient Aids Market Forecast

27. Portable Aids

28.Therapeutic Appliances

- Table: Patient Aids Market, 2008-2018 (US$mn)
- Table: Patient Aids Market, 2009-2018 (US$mn % Change)

29. Other Medical Devices Market Forecast

- Table: Other Medical Devices Market, 2008-2018 (US$mn)
- Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)

30. Annual Medical Device Imports

- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s % Change)
- Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
- Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
- Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
- Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Import Trends By Product Area, 2013
- Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)

31. Monthly Medical Device Imports

- Table: Monthly Medical Device Imports By Product Area, June 2011 - May 2014 (US$mn)

32. Annual Medical Device Exports

- Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
- Table: Medical Device Exports By Product Area, 2009-2013 (US$000s % Change)
- Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
- Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s % Change)
- Table: Top 20 Medical Device Destinations, 2013 (US$000s)
- Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Export Trends By Product Area, 2013
- Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
- Table: Detailed Medical Device Trade Balance, 2009-2013 (US$000s)

33. Monthly Medical Device Exports

- Table: Monthly Medical Device Exports By Product Area, June 2011 - May 2014 (US$mn)

34. Macroeconomic Forecasts

35. Economic Analysis

- Table: GDP By Expenditure (Denmark 2011-2018)

36. Industry Risk Reward Ratings

- Table: WE Medical Device Risk/Reward Ratings, Q414

37. Market Overview

38. Medical Device Market Overview

- Table: Medical Device Market, Key Ratios, 2013
- Table: Medical Device Market By Product Area, 2013

39. Healthcare Overview

40. Health Status/Healthcare System

41. Private Healthcare Providers

42. Healthcare Funding

43. Healthcare Resources

- Table: Diagnostic Imaging Technology By Type, 2005-2011

44. Healthcare Activity

45. Healthcare Personnel

46. Key Healthcare Data

- Table: Key Healthcare Data, 2008-2013

47. Industry Trends And Developments

48. Industry Trends & Developments

49. Regulatory Development

50. Medical Device Regulations

51. Competent Authority

52. Notified Body

53. National Medical Device Regulations

54. EU Medical Device Regulations

55. Designated Authorities

56. Existing Regulations

57. Proposed Regulatory Changes

58. Implications For The Industry

59. Competitive Landscape

60. Domestic Medical Device Production

61. Production Reported By Eurostat

- Table: Medical Device Production By Product Area, 2009-2013 (EURmn)
- Table: Detailed Medical Device Production By Product Area, 2009-2013 (EURmn)
- Table: Detailed Medical Device Production By Product Area, 2009-2013 (US$mn)
- Table: Detailed Medical Device Production By Product Area, 2009-2013 (% Total)

62. Production Reported By StatBank Denmark

- Table: Medical Instruments Turnover, 2000-2011
- Table: Medical & Surgical Equipment, Turnover, 1993-2008

63. Domestic Medical Device Manufacturing

64. National Medical Device Manufacturers

65. Ambu

- Table: Ambu Financial Indicators, FY2009-2013 (DKKmn)

66. Coloplast

- Table: Coloplast Revenue By Business Segment, FY2008-2013 (DKKmn)

67. GN ReSound

- Table: GN Store Nord Financial Indicators, 2009-2013 (DKKmn)
- Table: GN ReSound Revenues By Business Unit, 2009-2013 (DKKmn)

68. Guldmann

69. Novo Nordisk

- Table: Novo Nordisk Sales By Product/Business Area, 2009-2013 (DKKmn)

70. Widex

71. William Demant

- Table: William Demant Financial Indicators, 2009-2013 (DKKmn)
- Table: William Demant Revenue By Product Area, 2009-2013 (DKKmn)

72. Multinational Medical Device Manufacturers

73. Analogic Corporation

74. Angiotec / Argon Medical

75. ConvaTec

76. Cook Medical

77. Danaher Corporation

78. GE Healthcare

79. Philips

80. Multinational Market Activity

- Table: Multinational Market Activity, 2014

81. Medical Device Market Access

82. Market Environment

83. Distribution

84. Trade Association

- Table: Medicoindustrien Members, 2013

85. Trade Fairs

86. Methodology

87. Medical Device Market Methodology

88. Trade Code Classifications

- Table: Used HS Trade Codes, 2014
- Table: Rearranged HS Trade Codes, 2014

89. Risk/Reward Ratings Methodology

- Table: Medical Devices Risk/Reward Ratings Indicators, 2014

90. Sources

91. Contact

Note: Product cover images may vary from those shown
The Market is Projected to Grow at a CAGR of 1.9% in US Dollar Terms and 3.8% in Local Currency Terms Over the 2013-2018 Period

FEATURED COMPANIES

  • Ambu
  • Argon Medical
  • ConvaTec
  • Danaher Corporation
  • Guldmann
  • Radiometer
  • MORE

Denmark represents a mature medical device market with above average per capita spending. The market is being constrained by slow economic growth, which is increasing pressure to scale back the country's generous welfare system. As such the market is only expected to show low growth with a US dollar CAGR of 1.9% forecast for the 2013-2018 period. Local production is focused on consumables and patient aids, primarily hearing aids, leaving the majority of the market heavily dependent on imports.

Headline Industry Forecasts:

- The medical device market is valued at USD1,587.3mn in 2013, equal to USD283 per capita. The market is projected to grow at a CAGR of 1.9% in US dollar terms and 3.8% in local currency terms over the 2013-2018 period to attain a value of USD1,740.2mn by 2018.

- Medical device imports supply around 78% of the medical device market. Between 2008 and 2013, imports contracted by a CAGR of -1.2% in US dollar terms. The running annual total amounted to USD1,453.2mn in the 12 months to December 2014, representing a small y-o-y decline of 1.2% in US dollar terms.

- Medical device exports contracted by a CAGR of -1.4% in US dollar terms over the 2008-2013 period. The running annual total amounted to USD2,482.4mn in the 12 months to December 2014, representing a y-o-y increase of 0.9% in US dollar terms. The balance of trade surplus fell to below USD1.0bn in 2013.

- Total medical device production is estimated to be in the region of USD3.0bn. The industry has particular strengths in hearing aids, consumables and electrodiagnostic apparatus. Leading national medical device manufacturers include Ambu, Coloplast, GN Resound, Guldmann, Novo Nordisk, Widex and William Demant. Others such as Dameca and Radiometer have been acquired by multinationals.

Headline Industry Risk/Reward Index

- Denmark is now the twelfth most attractive market in the Western Europe (WE) region in which to commercialise a medical device

Note: Product cover images may vary from those shown
The Market is Projected to Grow at a CAGR of 1.9% in US Dollar Terms and 3.8% in Local Currency Terms Over the 2013-2018 Period

- Ambu
- Analogic Corporation
- Angiotec
- Argon Medical
- B-K Medical
- Coloplast
- ConvaTec
- Cook Medical
- Dameca
- Danaher Corporation
- GE Healthcare
- GN ReSound
- Guldmann
- Novo Nordisk
- Philips
- Radiometer
- Uno Medical
- Widex
- William Demant

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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