2013-02-16 15:48:24 - Fast Market Research recommends "The Medical Device Market: Sweden" from Espicom Business Intelligence, now available
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.
The medical device market in 2012
is estimated to be US$2.5 billion, equal to US$265 per capita, and equivalent to 5.0% of total health expenditure, 0.8% of the world market and 0.5% of Sweden’s GDP.
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The market is expected to increase at a CAGR of 4.6% per annum over the next five years, to be worth US$3.2 billion by 2017.
Latest import and export data is for the 12 months up to March 2012. Imports amounted to US$2.4 billion, a 4.4% increase over the 12 months to March 2011. Exports equalled US$2.8 billion (-0.7%), for the same period continuing the country’s positive balance of trade. The largest category is that of patient aids, due to trade in pacemakers.
Sweden was affected by the global economic downturn, with two consecutive years of negative GDP growth in 2008 and 2009 (-0.8% and -5.1%). The economy recovered in 2010 with real growth of 5.4%, followed by projected lower growth of 3.7% in 2011 and growth of 0.6-2.6% over the next few years.
Sweden is faced with one of the largest elderly populations proportionally in the world. Healthcare provision remains a high government priority. Consequently, the government is heavily promoting preventative care in an effort to reign in ever rising healthcare expenditure.
In common with many other Western European countries, Sweden has an advanced, publicly-funded healthcare system. There is an eagerness to be at the forefront of technological development; the purchasing of new equipment reflects this.
PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:
Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom’s unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market
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Espicom Business Intelligence is a highly-regarded and established provider of business intelligence services. Founded in 1982 as MDIS Publications Ltd, the company changed its name to Espicom in 1992. Initially a publisher in a wide range of industries such as power generation and telecommunications, they now focus on the global pharmaceutical and medical device sectors. View more research from Espicom Business Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1025
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