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The Medical Device Market: Hungary
Espicom Business Intelligence Ltd, April 2013, Pages: 86
Espicom’s in-depth medical device market reports are 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.
Hungary is a landlocked country in Central Europe. It is one of the ten countries that joined the EU in May 2004, although it is not yet a Euro member. In the parliamentary elections of April 2010, the centre-right opposition party, Fidesz, won a two-thirds majority in parliament, ending eight years of socialist rule. The government promptly fell out with the IMF over plans to cut the budget deficit through a tax on banks, rather than conventional austerity measures. The government’s fiscal forecast to 2015, which was published in November 2011, shows that the tax will remain in place, although the rate will be halved from 2013.
The National Health Insurance Fund Administration (NHIFA) runs the only health insurance fund in the country. It has branches at county level, to administer contracting and payments to local healthcare providers, but budgets are tightly controlled by central government. In February 2008, a bill on health insurance was signed into law, which enabled private companies to buy shares in 22 new health funds. However, the legislation was repealed in May 2008 and the health funds are to be phased out.
In 2011, the Hungarian market for medical equipment and supplies is estimated at US$573 million, or US$58 per capita. The market value has stalled since 2008, but it is expected that it will bounce back to expand at a CAGR of 4.5% per annum in the 2011-16 period, reaching US$715 million by 2016, equal to US$73 per capita.
Around 84% of the Hungarian medical device market is supplied by imports. Most are sourced from the European Union, principally Germany. There is a sizeable domestic production sector, with X-ray apparatus as a particular historic specialty, but this is largely geared towards export markets.
Includes 3 quarterly updated outlook reports!
Please note: Report sections are periodically updated and some sections may have been updated more recently than the publication date given for the full report.
HUNGARY - BACKGROUND DATA
Economic Indicators, 2000-2013
Population by County, 2002-2006
Population by Age Group, 2001-2006 (%)
Population by Age Group and Region, 2006 (%)
Principal Demographic Indicators, 1998-2006
Causes of Death, 2006
Causes of Death, 2004-2005
Causes of Infant Mortality, 2004-2006
Reported Infectious Diseases, 1999-2006
Number of New TB Patients, 2003-2006
Pulmonary Dispensaries & Screening Stations, 2003-2006
HIV/AIDS Cases, 1990-2006
Map of Hungary
Population by Age Group, 2006 (%)
Birth, Death and Infant Mortality Rates, 1996-2006
Causes of Death, 2006 (%)
HUNGARY - HEALTHCARE SYSTEM
ORGANISATION & ADMINISTRATION
Health Insurance Fund
Health Insurance Fund Expenditure, 2002-2006 (HUF million)
Health Insurance Financing of Curative Care, 2002-2006 (HUF million)
Hospital Beds by Owner, 1990-2006
Hospital Beds by Specialty, 2001-2006
Inpatient Discharges by Specialty, 2001-2006
Inpatient Discharges by Specialty, 2006
Patient Days, 2006
Outpatient Attendances and Interventions (000s), 2006
Outpatient Attendances (000s), 2004-2006
Outpatient Interventions (000s), 2004-2006
Outpatient Treatments (000s), 1999-2004
Family Doctor Service Consultations, 2000-2006 (000s)
Family Paediatrician Service
Dental Services, 1998-2004
Active Physicians by Specialty, 2002-2006
Other Medical Personnel, 2002-2006
Private Healthcare Provision by Category, 2001 (%)
Hospital Beds by Owner, 2006 (%)
Patient Days by Specialty, 2006 (%)
HUNGARY - ACCESSING THE MEDICAL DEVICE MARKET
Details of Notified Bodies in Hungary
MEDICONTUR MEDICAL ENGINEERING (HUNGARY)
PASZTOR ADA-MED KFT
SPEEDING ENGINEERING, TRADING & SERVICE
Medical Device Production, 2003-2004 (US$)
- Medicontur Medical Engineering (Hungary)
- Pasztor Ada-Med Kft
- Speeding Engineering, Trading & Service
- Lasram Lasers
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