DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d914c2/the_medical_device) has announced the addition of the "The Medical Device Market: Iran" report to their offering.
The Islamic Republic of Iran forms the eastern border of the Middle East and is bordered by Iraq, Turkey, Pakistan, Afghanistan, Armenia, Azerbaijan and Turkmenistan. Iran boasts an estimated population of 75.1 million in 2010.
Government investment has resulted in an improved health sector, with modernised services and facilities being built annually. Ownership of hospitals is evenly split between the public and private/charity sectors but can be fragmented due to lack of co-ordination between agencies. A series of Development Plans, spanning consecutive five-year periods from 1990, have aimed to rejuvenate Iran's health sector by raising hospital bed and personnel numbers, building primary healthcare facilities, improving family planning and immunisation rates, focusing on care of the elderly and prevention of non-communicable diseases, reforming the state medical insurance scheme and social welfare systems in addition to attracting foreign investment. However, there is no firm evidence of the success of these measures.
The medical device market appears to have no coherent regulatory framework, and Iranian buyers are very thorough in evaluating products for purchase. It is therefore advised that overseas firms appoint a local agent with knowledge of relevant procedures.
Imports account for an estimated 97.7% of the market, despite the manufacture of basic consumable items such as syringes, needles & catheters, dental instruments & fittings and orthopaedic appliances. Imports were valued at US$597.8 million in 2008, with Germany and the UK being the leading suppliers. Consumable medical devices and diagnostic imaging apparatus were the most significant import sectors.
Tense international relations, particularly with the USA, and the internal political situation in recent times has affected the markets attractiveness in terms of foreign direct investment, but import growth has remained strong, mainly due to the country's limited production capability. A large proportion of imports are procured by suppliers from the European Union (EU-27) which supplied a total 66.5% of the 2008 total.
In 2010, Iran's medical device market is estimated to be worth US$702 million; however, the market size per capita is very low, at US$9. The market is projected to grow at a strong 11.1%, taking the market to US$1,190 million by 2015. Per capita spending however, is not expected to rise strongly over the same period.
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.
MARKET OUTLOOK
- Key national data projections
- Current market size
- Unique 5-year market projections
- Market outlook
- Market structure; Including statistical data on imports and exports;
- Market access; Including distribution and medical device regulation;
- Healthcare analysis; Including demographics, healthcare system, health expenditure, healthcare infrastructure and personnel
- HEALTHCARE DATA: A comprehensive tabula review of the market, including economic indicators, demographics, health expenditure, hospital and primary care data, and healthcare personnel.
- DISTRIBUTORS: Details of the medical equipment distributors held in Espicoms database at the time of publication.
Key Topics Covered:
Medical Market Analysis
- Size
- Projections
- Consumables
- Diagnostic Imaging
- Dental Products
- Orthopaedic & Implantables
- Outlook
- Imports
- Consumables
- Diagnostic Imaging Apparatus
- Dental Products
- Orthopaedic & Implantable Products
- Domestic Manufacturing
- Domestic Production
- Local Manufacturers
- Bandhaye Pezeshki Iran (BPI)
- Behzisty Coop. Co
- East Advanced Medical Pvt. Ltd Co
- Farafan Eng. Co
- Sifra
- Soha
- Supa Medical Devices
- Exports
ACCESSING THE MARKET
- Distribution
Healthcare Analysis
- Demographics
- Population
- Birth Rate
- Death Rate
- Infant Mortality
- Life Expectancy at Birth
- Public Health
- Causes of Death
- Incidence of Communicable Diseases
- Incidence of Non-communicable Diseases
- HIV/AIDS
- Healthcare System
- Health Expenditure
- Healthcare Infrastructure
- Healthcare Personnel
DIRECTORY
- Healthcare Organisations
- Trade Code Classifications
- Methodology
- Sources
For more information visit http://www.researchandmarkets.com/research/d914c2/the_medical_device
Source: Espicom Business Intelligence Ltd