DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vk8r2w/the_medical) has announced the addition of the "The Medical Device Market: Germany" report to their offering.
Despite an increasingly challenging operating environment, Germany remains one of the most attractive medical devices markets in Western Europe (WE) , testament to the underlying strength of the German economy and a commitment to maintain a high quality healthcare service. Whilst austerity measures in the health sector have hit the pharmaceutical industry harder than the medical device industry, measures to restrict the growth in spending on hospital and ambulatory services are inevitably increasing pressure on prices, particularly as many public hospitals are continuing to operate at a loss. However, additional financial support from the federal government for hospitals of EUR1.1bn during 2013 and 2014 has been a positive development as is the support for medical technology and innovation in general expressed in the coalition agreement of the new federal government.
Headline Industry Forecasts:
- Germany has the third largest medical device market in the world, ranking behind the USA and Japan. The market is estimated at USD25.6bn in 2013, equal to USD305 per capita. The market is forecast to grow at a US dollar 2013-2018 CAGR of 3.8%, which is above average for the region.
- Medical device imports supply around 70% of the market. Between 2008 and 2013, imports grew at a CAGR of 7.5% in euros and 5.2% in US dollars. The running annual import total reached USD18.3bn in the 12 months to October 2014, representing y-o-y dollar growth of 2.3%.
- Between 2008 and 2013, medical device exports grew at a CAGR of 6.0% in euros and 3.8% in US dollars. The running annual export total amounted to USD28.2bn in the 12 months to October 2014, representing y-o-y dollar growth of 2.7%. Germany has a balance of trade surplus in the region of USD10bn, around half of which comes from diagnostic imaging products.
Key Topics Covered:
1. SWOT
2. Medical Device Market
3. Consumables Market Forecast
4. Diagnostic Imaging Market Forecast
5. Dental Products Market Forecast
5. Orthopaedics & Prosthetics Market Forecast
6. Patient Aids Market Forecast
7. Other Medical Devices Market Forecast
8. Annual Medical Device Imports
9. Monthly Medical Device Imports
10. Annual Medical Device Exports
11. Monthly Medical Device Exports
12. Macroeconomic Forecasts
13. Industry Risk Reward Ratings
14. Market Overview
15. Healthcare Overview
16. Healthcare Resources
17. Healthcare Activity
18. Healthcare Personnel
19. Industry Trends And Developments
20. Regulatory Development
21. Regulatory Developments
22. Domestic Medical Device Manufacturing
23. BVMed Industry Survey
24. Multinational Medical Device Manufacturers
25. Medical Device Market Access
26. Risk/Reward Ratings Methodology
27. Sources
28. Contact
Companies Mentioned
- B. Braun
- BSN Medical
- Biotronik
- Carl Zeiss Meditec
- Dr - ger Medical
- Fresenius Medical Care
- Maquet
- Otto Bock Healthcare
- Paul Hartmann
- Richard Wolf
- Siemens Healthcare
- Waldemar Link
For more information visit http://www.researchandmarkets.com/research/vk8r2w/the_medical
