DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qrlf8t/the_medical_device) has announced the addition of the "The Medical Device Market: Latvia" report to their offering.
Funding for healthcare in Latvia is managed by the State Compulsory Health Insurance Agency, although funds are gathered largely through general taxation. Efforts have been made to improve primary care provision in Latvia. The healthcare system inherited from the Soviet Union still retains some of its old features, such as an overreliance on secondary facilities and use of outdated equipment.
The Latvian economy has been hit severely by the economic crisis, with GDP contracting by nearly 18% in 2009. The government is attempting to rebalance its finances, a task for which it is better prepared since winning the general election in October 2010. One priority, however, is to maintain levels of health and social welfare spending, a move which may see public health spending rise, as people are less able to afford private care.
The medical equipment market grew strongly until 2008, but has fallen back since then, as the country's ability to import goods has fallen. It is estimated at US$109 million in 2011, equal to US$49 per capita and 5.8% of health expenditure.
Around 82% of the medical device market is supplied by imports, which are usually sourced from western Europe. Latvia has a small domestic industry which concentrates on exporting to other former Soviet markets.
PUBLICATION OVERVIEW
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.
Key Topics Covered
1.Executive Summary
2.Medical Device Market
3.Key National Data Projections
4.Geography
5.Political Overview
6.Economic Overview
7.Population
8.Demographic Indicators
9.Mortality
10.Morbidity
11.Organisation & Administration
12.Health Expenditure
13.Hospital Services
14.Ambulatory Care
15.Medical Personnel
16.Regulatory Environment
17.Trade Fairs
18.Distributors
19.Medical Device Imports
20.Domestic Production
21.Directory
Companies Mentioned
- Ank
- Nms Group
- Orthos
- Pean
- Ral
- Tamro (Latvia)
For more information visit http://www.researchandmarkets.com/research/qrlf8t/the_medical_device