Research and Markets: Greece's Medical Device Market Is Estimated In 2009 to be US$1,452 million, Equal To US$132 Per Capita

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2de4d0/the_medical_device) has announced the addition of the "The Medical Device Market: Greece" report to their offering.

This in-depth medical device market report is 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.

Executive Summary

Greece is one of the least affluent members of the European Union, but is still considerably richer than its immediate neighbours. The economist Intelligence Unit estimates GDP to be US$335.2 billion in 2009, with a 3.4% fall on the previous year, however returning to average growth by 2011. GDP per capita is projected to be US$30,490 per capita in 2009.

The medical device market is estimated in 2009 to be US$1,452 million, equal to US$132 per capita. This is a 15.4% increase on the previous year's total.

Greece is showing signs of recovering from the large budget deficit incurred as a result of holding the Olympics in 2004. The deficit has been cut to a forecast of 2.5% in 2007 from the 7.9% recorded in 2004. The government's target is to reduce the deficit to less than 1.6% in 2009.

There are a large number of doctors working in Greece, providing good hospital coverage. Current primary care provision is however weak; increased government investment and spending in this area is a key objective.

The majority of hospitals in the public sector are underfunded. Private clinics are well funded but the high value equipment tends to be imported in both public and private healthcare sectors.

Imports supply approximately 95% of the domestic market. In 2008, total imports of medical devices amounted to US$1,489.5 million, the value of imports increased by 19.1% in 2008 and by a CAGR of 19.0% between 2003 and 2008.

Key Topics Covered:

• EXECUTIVE SUMMARY
• MEDICAL DEVICE MARKET
• Current Size
• Projections
• Outlook
• Market Structure
• Imports
• Domestic Production
• Domestic Producers
• Elviony
• Ergo
• Others
• Trade Associations
• Exports
• Market Developments
• Santorini to acquire much-needed hospital
• Injection of cash for clinics
• Greece hemorrhaging doctors
• Leading Private Hospital Has New Owner
• Private Healthcare On the Increase
• KEY NATIONAL DATA PROJECTIONS
• Methodology and Sources
• Trade Code Classifications
• GREECE MEDICAL DEVICE OUTLOOK
• List of Tables

Companies Mentioned:

• Abalase
• Alphamed (Greece)
• Andreas Dimitropoulos
• Bio-Provider
• Diachel Diagnostics
• Ergo Medical Supply
• E&E Medical
• E Anats & Company
• Gerolymatos
• Impotech
• Intertronics Hellas
• Katopis Group
• Lyritis Bioline
• Medicon Hellas
• Medisun
• Meditrust Egavala Larigou
• Ms Jacovides Hellas
• Nikos Tsatsos Medical
• Novamedica - Ign Tsakalidis
• Omikron Medical
• Panos Th Skoutas
• Papapostolou Medical Equipment Center
• Pharmaserve-Lilly Saci
• Pnoi
• Santair
• Scan Ideal Greek-Swedish
• Sficas
• Sigma Medical
• Systemed
• Tsimpos Stavros
• Vivamed - Pavlakos Panagiotis

For more information visit http://www.researchandmarkets.com/research/2de4d0/the_medical_device

Source: Espicom Business Intelligence Ltd