Eastern European Anaesthesia Equipment Markets

Research Overview

This Frost & Sullivan research service titled Eastern European Anaesthesia Equipment Market provides an overview of market dynamics and revenues in the market, along with a complete analysis of key market drivers, restraints and trends faced in Bulgaria, Czech Republic, Hungary, Poland and Romania. In this research, Frost & Sullivan's expert analysts thoroughly examine high-end, mid-range and low-end anaesthesia equipment markets for hospitals, nursing homes, ambulatory care and private health clinics.

Market Sectors

Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

By Product Segment:

• High-end anaesthesia equipment
• Mid-range anaesthesia equipment
• Low-end anaesthesia equipment

• Hospitals
• Nursing homes
• Ambulatory care
• Private health clinics

• Bulgaria
• Czech Republic
• Hungary
• Poland
• Romania

Technologies

The following technologies are covered in this research:

• TIVA
• Integrated workstations
• Packaged workstations
• Anaesthesia patient monitors
• Consciousness monitors
• Stand alone monitors
• Anaesthesia information management system (AIMS)

Market Overview

Improving Hospital Budget Situation Makes the Eastern European Anaesthesia Equipment Market Attractive for Vendors

The growing requirement of new installations in several hospitals, teamed with the need for replacing the existing units, is resulting in the gradual growth of the anaesthesia equipment market in Eastern Europe. Certain eastern European countries had a significantly high growth rate of 15 per cent in 2006. "With Bulgaria and Romania joining the European Union (EU), budgetary concerns in the price-sensitive eastern European market are expected to ease off to an extent," states the analyst of this research service. "The willingness to invest in high-end technologies for operating rooms as well as the drive for hospital-IT integration is likely to promote unit sales."

Improved purchasing power due to funds from the EU as well as the growth of private healthcare set-up shall drive market growth. The demand for medium-priced, integrated workstations as well as low-cost, stand-alone monitors will provide a boost to unit sales in the replacement market.

Participants Must Strategize Effectively to Handle the Intense Competition Arising from Price Sensitivity

Despite the growth prospects in the eastern European anaesthesia equipment market, price sensitivity is participants’ main concern. This has also ensured the influx of several low-cost manufacturers, especially from Asia. The low-cost manufacturers have been active in the stand-alone monitors segment of the market. In terms of anaesthesia workstations, the demand for medium-priced, integrated workstations is on the rise. However, the demand for high-end technology such as anaesthesia information management system (AIMS) has not picked up yet. The drive for hospital IT integration is expected to promote the sales of monitors incorporating AIMS in the next four years.

Market growth has also been impeded by the government’s strong influence over local medical equipment manufacturers through the issuing of tenders. "Global vendors have to focus on offering high-end technologies at lower prices and also form strategic alliances with the local manufacturers to tackle the lack of proper distribution networks," explains the analyst. "Fortunately, the rise of the private healthcare sector in some of the eastern European nations is set to boost market growth."