2013-02-17 19:04:34 - New Medical Devices research report from Espicom Business Intelligence is now available from 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.
Latvia is one of the smallest

countries in Europe. It joined the EU in May 2004. In 2011, it has an estimated population of 2.2 million with the most populous city being Riga, the capital. As with other European countries, Latvia has an ageing population, with those aged 65 and over representing 18.2% of the population.


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Funding for healthcare in Latvia is managed by the State Compulsory Health Insurance Agency, although funds are gathered largely through general taxation. Efforts have been made to improve primary care provision in Latvia. The healthcare system inherited from the Soviet Union still retains some of its old features, such as an overreliance on secondary facilities and use of outdated equipment.

The Latvian economy has been hit severely by the economic crisis, with GDP contracting by nearly 18% in 2009. The government is attempting to rebalance its finances, a task for which it is better prepared since winning the general election in October 2010. One priority, however, is to maintain levels of health and social welfare spending, a move which may see public health spending rise, as people are less able to afford private care.

The medical device market grew strongly until 2008, but has fallen back since then, as the country’s ability to import goods has fallen. It is estmated at US$109 million in 2011, equal to US$49 per capita and 5.8% of health expenditure.

Around 82% of the medical device market is supplied by imports, which are usually sourced from western Europe. Latvia has a small domestic industry which concentrates on exporting to other former Soviet markets.

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:

Executive Summary
Key Healthcare Data
Geographic
Political
Economic
Healthcare System
Healthcare Expenditure
Marke t Developments
Medical device imports decline in value
Medical device exports show promising signs of growth, albeit from a small base
Latvia is on target for eurozone accession
Medical device market will outperform economy as a whole
Med ical Marke t Analysis
The Market in 2012
Past Performance 2007-2011
Future Performance 2012-2017
The Latvian Market for Consumables
The Latvian Market for Diagnostic Imaging
The Latvian Market for Dental Products
The Latvian Market for Orthopaedic & Prosthetic Products
The Latvian Market for Patient Aids
The Latvian Market for Other Medical Devices
Imports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic & Prosthetic Products
Patient Aids
Other Medical Products
Monthly Import Analysis
Exports
Consumables
Diagnostic Imaging
Dental Products
Orthopaedic & Prosthetic Products
Patient Aids
Other Medical Products
Monthly Export Analysis
Domes tic Production
Multinational Activity
Misonix signs up distributor for Baltic region
Access ing the Marke t
Distribution
Med ical Device Re gulations
Methodology & Sources
Trade Code Classifications
Methodology
Sources
List of Tables
Espicom Analysis of the Latvian Medical Market, 2012
SWOT Analysis of the Latvian Medical Device Market, 2012
Key Economic Projections, 2012-17
Summary of Key Data, 2006-11
Latvian Medical Device Market, Key Ratios, 2012
Latvian Medical Device Market by Category, 2012
Projected Medical Device Market, 2012-2017
The Latvian Medical Device Market, 2007-2017 (US$ Millions)
The Latvian Medical Device Market, 2007-2017 (US$ Per Capita)
The Latvian Medical Device Market, 2007-2017 (% of Total)
The Latvian Consumables Market, 2007-2017 (US$ Millions)
The Latvian Consumables Market, 2007-2017 (US$ Per Capita)
The Latvian Diagnostic Imaging Market, 2007-2017 (US$ Millions)
The Latvian Diagnostic Imaging Market, 2007-2017 (US$ Per Capita)
The Latvian Dental Products Market, 2007-2017 (US$ Millions)
The Latvian Dental Products Market, 2007-2017 (US$ Per Capita)
The Latvian Orthopaedic & Prosthetic Products Market, 2007-2017 (US$ Millions)
The Latvian Orthopaedic & Prosthetic Products Market, 2007-2017 (US$ Per Capita)
The Latvian Patient Aids Market, 2007-2017 (US$ Millions)
The Latvian Patient Aids Market, 2007-2017 (US$ Per Capita)
The Latvian Other Medical Devices Market, 2007-17 (US$ Millions)
The Latvian Other Medical Devices Market, 2007-17 (US$ Per Capita)
Summary Medical Imports by Product Area, 2007-11 (US$000s)
Summary Medical Imports by Product Area, 2007-11 (US$000s % Change)
Summary Medical Imports by Product Area, 2007-2011 (Local Currency 000s)
Summary Medical Imports by Product Area, 2007-2011 (Local Currency % Change)
Summary Medical Imports by Product Area, 2007-2011 (% of Total)
Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s)
Top 20 Suppliers to the Latvian Market, 2011 (US$000s)
Detailed Imports of Medical Equipment, 2007-11 (US$000s)

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