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Belarus Medical Devices Report Q2 2016

Belarus Medical Devices Report Q2 2016

BMI View: The Belarusian medical device market is under-developed and heavily reliant on imports. Per capita device expenditure is one of the lowest in Europe at USD43. The outlook for the Belarusian medical device market is mixed, with robust growth projected in local currency terms, but due to the depreciation of the Belarusian ruble, we forecast the market to increase by a low CAGR of 2.5% in US dollar terms over the 2014-2019 period. Latest Updates And

Key Forecasts

We forecast medical device market growth at a CAGR of 2.5% in US dollar terms over the 2014-2019 period, ranging from 1.5% for orthopaedics & prosthetics up to 3.8% for other medical devices. Market growth will be constrained by Belarusian economic performance.

We expect the erosion in the value of the Belarusian ruble against the USD to undermine the capacity for purchasers to afford foreign products and continue the downturn in imports. Over the 12 months to August 2015, Belarusian medical device imports decreased by 7.9% to USD217.2mn.

The falling value of the ruble against the US dollar and weak economic performance in Belarus' main export destination, Russia, has led to medical device shipments falling consistently since the beginning of 2013. In the 12 months to August 2015, the value of exports decreased by 19.1% to USD57.6mn.

Between 2015 and 2020, we forecast that health expenditure in Belarus will increase by a CAGR of 17.7% in local currency terms and 12.6% in US dollar terms. Government healthcare expenditure will continue to be the overwhelming contributor to overall healthcare expenditure growth. The government contributes over two-thirds of total health spending, a proportion that we expect to remain broadly unchanged over the forecast period.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
Latest Updates And Key Forecasts
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2009-2019 (USDmn)
Table: Consumables Market, 2010-2019 (USDmn % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
Table: Diagnostic Imaging Market 2010-2019 (USDmn % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2009-2019 (USDmn)
Table: Dental Products Market, 2010-2019 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2009-2019 (USDmn)
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2009-2019 (USDmn)
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year Ending August 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Balance Of Trade, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending August 2015 (USDmn)
Industry Risk/Reward Index
Table: CEE Medical Device Risk/Reward Index, Q216
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2014
Table: Medical Device Market By Product Area, 2014
Healthcare Overview
Health Status
Healthcare System
Healthcare Funding
Healthcare Resources
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competitive Landscape
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Distribution
Trade Fair
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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