2013-02-16 15:48:25 - Recently published research from Espicom Business Intelligence, "The Medical Device Market: UK", 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.
The UK has one of the

largest medical device markets in the world, valued at US$8.9 billion in 2012. The domestic market vies with France as the second largest in Europe behind Germany. Per capita expenditure is equal to US$142. The UK market for medical devices is predicted to increase by 6.0% per annum to attain a value of US$11.9 billion by 2017.


Full Report Details at
- www.fastmr.com/prod/538086_the_medical_device_market_uk.aspx


The growth of the UK medical device market is predominantly import-led as many domestic manufacturers are not able to rapidly adjust to changes in demand. This led to a succession of trade deficits since 2001. The import market has not been immune to the recession, faltering since mid 2008. However the total for the 12 months to March 2012 was US$7.3 billion, a 3.5% rise on the previous 12 month total, indicating a slow recovery.

There was a period of huge growth in public health spending under the Labour government after 2001, which saw the NHS budget almost triple. In 2011, total health expenditure is estimated at £140.3 billion (US$227.1 billion). Of this, £118 billion is public, equal to around 84% of the total. Expenditure is set to slow in the wake of the 2009 recession and enormous government deficit. The Conservative/Liberal-Democrat coalition government, elected May 2010, has pledged to maintain some sort of growth in recurrent health spending, although this may prove difficult. The latest published government plans involve a 9% cut in capital health spending in 2011.

The coalition government has also unveiled a substantial reform programme for the management of the NHS. Under it, several layers of bureaucracy are to be removed, and General Practitioners given control of their own budgets. Patients are to be given the right to treatment in any public or private facility which charges according to the NHS Tariff. The plans ran into severe opposition in 2011, however, and a large number of amendments have been made to what was a complex bill to begin with. The legislation was passed by parliament in March 2012.

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

Partial Table of Contents:

Executive Summary
Key Background Data
Geographic
Political
Economic
Healthcare System
Coalition Reform Plans, 2010
National Healthcare Bodies
Care Quality Commission
National Institute for Health and Clinical Excellence (NICE)
NHS Schemes and Initiatives
Health Expenditure
Marke t De velopments
Medical Device Imports Grow by 2.5% to July 2012
New Bar Coding System and Website to Compare Prices
Draft of New European Legislation for Medical Devices
NHS Expanding Ventures Abroad
Me dical Marke t Analysis
Overview
The Market in 2012
Past Performance 2007-11
Future Performance 2012-17
The UK Market for Consumables
The UK Market for Diagnostic Imaging
The UK Market for Dental Products
The UK Market for Orthopaedic & Prosthetic Products
The UK Market for Patient Aids
The UK Market for Other Medical Devices
Annual Imports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic & Prosthetic Products
Patient Aids
Monthly Imports
Annual Exports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic Products
Patient Aids
Monthly Exports
Domes tic Production
Trade Associations
Association of British Healthcare Industries (ABHI)
British Anaesthetic and Respiratory Equipment Manufacturers Association (BAREMA)
British Dental Trade Association (BDTA)
OPTIC (UK)
Surgical Dressing Manufacturers Association (SDMA)
Domes tic Manufacturing
Domestic Producers
Major Manufacturers
ArjoHuntleigh
Gyrus ACMI
Smith & Nephew
Smiths Medical
Access ing The Marke t
Distribution
Trade Fairs
BDTA
Healthcare Estates Conference & Exhibition
MEDTEC UK
Telecare and Telehealth Conference
National Audit Office Issues Reports into NHS Procurement
New Bar Coding System and Website to Compare Prices
Me dical De vice Re gulations
Medicines and Healthcare Products Regulatory Agency (MHRA)
Notified Bodies
EU Regulation
Draft of New European Legislation for Medical Devices
Contract Agreement for Medical Technology Trials
Methodology & Sources
Trade Code Classifications
Methodology
Sources
List of Tables
Espicom Analysis of the UK Medical Market, 2012
SWOT Analysis of the UK Medical Device Market, 2012

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=538086&dt=t

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

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