2013-02-17 14:19:48 - Recently published research from Espicom Business Intelligence, "The Medical Device Market: Ireland", is now available at Fast Market Research
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.
With a population of around 4.1
million, the Republic of Ireland represents a small but advanced market for medical equipment. The country has experienced rapid economic growth over the past 20 years, and has invested in large scale renovation and redevelopment of its healthcare infrastructure. This continues today, with an especial emphasis on improving long-term and elderly care facilities.
Full Report Details at
- www.fastmr.com/prod/538051_the_medical_device_market_ireland.asp ..
That said, the country currently has experienced an unpredecentedly severe economic downturn, with GDP falling in real terms by over 7% in 2009 and not expected to record positive growth again until 2012. The government faces an extremely tight financial operating environment in the next few years. It has attempted to ringfence health spending as far as possible. Patient charges were raised in 2009, and the 2010 HSE National Service Plan envisages cuts and efficiency savings in some areas, but overall levels of health provision should be maintained at 2009 levels. Further deterioriation in public finances may lead to greater pressure on capital budgets in particular.
Following the general election in February 2011, the new government has indicated that it wishes to make a number of reforms, including the replacement of the HSE by a system of Universal Health Insurance by 2016, and the devolving of hospital management to individual hospital boards.
Ireland has positioned itself as an attractive European manufacturing location for medical firms from the USA and elsewhere. It offers financial incentives for companies wishing to relocate, an English speaking workforce and ready access to the wider EU market. As a result, most large US medical firms have some manufacturing capacity in Ireland. Only a very small proportion of this is intended for the domestic market, however. The presence of so many US manufacturers has turned Ireland into one of the world’s leading exporters of medical equipment. The total stood at just under US$9.0 billion in 2009. The bulk of this is either exported back to the USA or on to other EU countries.
In contrast, there is very little locally-owned manufacturing of finished products. A number of small high-tech companies have been established, principally in order to offer regulatory support services and contract manufacturing to the multinationals. An annual trade show, Medtec Ireland, has developed into one of the world’s leading showcases for suppliers to the device industry..
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.
Partial Table of Contents:
Key Healthcare Data
New Fine Gael health reform plans
Austerity measures, 2009-14
Private health expenditure
Marke t Developmen ts
Economic austerity measures are affecting medical device imports
New US regulations may hamper export profitability
Cost-cutting measures will affect market development
Med ical Marke t Analysis
The Market in 2012
Past Performance 2007-2011
Future Performance 2012-2017
The Irish Market for Consumables
The Irish Market for Diagnostic Imaging
The Irish Market for Dental Products
The Irish Market for Orthopaedic & Prosthetic Products
The Irish Market for Patient Aids
The Irish Market for Other Medical Devices
Monthly Import An alysis
Orthopaedic & Prosthetic products
Monthly Export An alysis
Domes tic Production
Eurostat production estimates
Domes tic Manufacturing
Corpak acquires Merck Serono’s gastro-enterology business
Vistamed announces R&D expansion plans
ProTek Medical signs contract with Belgium’s Uteron Pharma
Johnson & Johnson
Stryker Ireland Ltd
How to Access the Marke t
Medical Device Regulations
Methodology & Sources
Trade Code Classifications
List of Tables
Espicom Analysis of the Irish Medical Market, 2012
SWOT Analysis of the Irish Medical Device Market, 2013
Summary of Key Data Projections, 2012-17
Public Health Expenditure Ceilings, 2011-14 (euros millions)
Summary of Key Data, 2006-11
Irish Medical Device Market, Key Ratios, 2012
Irish Medical Device Market by Category, 2012
Projected Medical Device Market, 2012-2017
The Irish Medical Device Market, 2007-2017 (US$ Millions)
Full Table of Contents is available at:
About Espicom Business Intelligence
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
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.