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Belgium Medical Devices Report Q2 2015

Belgium Medical Devices Report Q2 2015

BMI Industry View: Belgium remains one of the fastest growing markets in Western Europe with a US dollar CAGR of 3.4% forecast for the 2013-2018 period. The rising health needs of the expanding elderly population and the current drive to improve the care of patients with chronic conditions should result in a steady expansion of the medical device market, although cost containment measures such as the increasing use of cost benefit analysis to determine reimbursement policies and proposed price fixing for implants and other reimbursable medical devices will constrain growth rates to some extent.

Headline Industry Forecasts

The medical device market in 2013 was estimated at USD2.5bn, equal to USD223 per capita. The market is expected to grow by a 2013-2018 US dollar CAGR of 3.4%, reaching USD2.9bn in 2018.

Medical device imports supply around 80% of the market. Between 2008 and 2013, medical device imports grew at a CAGR of 8.6% in euros and 6.2% in US dollars. The running annual import total reached USD11.5bn in the 12 months to November 2014, representing y-o-y dollar growth of 13.5%.

Less than a quarter of imports are destined for the domestic market; the majority are re-exported.


BMI Industry View
SWOT
Medical Device Market
Political
Economic
Industry Forecast
Medical Device Market Forecast
2008-2013 Performance
2013-2018 Performance
Table: Projected Medical Device Market, 2013-2018
Table: Detailed Medical Device Market By Product Area, 2008-2018 (USDmn)
Consumables Market Forecast
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2008-2018 (USDmn)
Table: Consumables Market, 2009-2018 (USDmn, % Change)
Diagnostic Imaging Market Forecast
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2008-2018 (USDmn)
Table: Diagnostic Imaging Market, 2009-2018 (USDmn, % Change)
Dental Products Market Forecast
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2008-2018 (USDmn)
Table: Dental Products Market, 2009-2018 (USDmn, % Change)
Orthopaedics & Prosthetics Market Forecast
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2008-2018 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2009-2018 (USDmn, % Change)
Patient Aids Market Forecast
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2008-2018 (USDmn)
Table: Patient Aids Market, 2009-2018 (USDmn, % Change)
Other Medical Devices Market Forecast
Table: Other Medical Devices Market, 2008-2018 (USDmn)
Table: Other Medical Devices Market, 2009-2018 (USDmn, % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s)
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s, % Change)
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s, % Change)
Table: Top 20 Medical Device Suppliers, 2013 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2013
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, December 2011-November 2014 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s)
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s, % Change)
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s, % Change)
Table: Top 20 Medical Device Destinations, 2013 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2013
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (USD000s)
Table: Detailed Medical Device Trade Balance, 2009-2013 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, December 2011 - November 2014 (USDmn)
Macroeconomic Forecasts
Economic Analysis
Table: Economic Activity (Belgium 2010-2019)
Industry Risk/Reward Index
Industry Risk Reward Index
Table: WE Medical Device Risk/Reward Index, Q215
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2013
Table: Medical Device Market By Category, 2013
Healthcare Overview
Health Status
Healthcare System
Healthcare Funding
Healthcare Resources
Table: Diagnostic Imaging Technology By Type, 2007-2012
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2009-2014
Industry Trends And Developments
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competent Authority
Notified Bodies
Regulatory Developments
EU Medical Device Regulations
Designated Authorities
Existing Regulations
Proposed Regulatory Changes
Implications For The Industry
Medical Device Pricing & Reimbursement
Reimbursement
Reimbursement - Implants
Health Technology Assessment
Competitive Landscape
Domestic Medical Device Production
Production Reported By Eurostat
Table: Medical Device Production By Product Area, 2009-2013 (EURmn)
Table: Detailed Medical Device Production By Product Area, 2009-2013 (EURmn)
Table: Detailed Medical Device Production By Product Area, 2009-2013 (USDmn)
Table: Detailed Medical Device Production By Product Area, 2009-2013 (% Total)
Production Reported By Ministry Of Economy
Table: Production Of Medical & Surgical Equipment, 2003-2007 (EUR000s)
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Table: Agfa Healthcare, Key Financials, 2009-2013 (EURmn)
Table: IBA Turnover, 2011-2013 (EUR000)
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2015
Medical Device Market Access
Market Environment
Distribution
Trade Associations
Trade Fairs
Methodology
Forecast Methodology
Trade Code Classifications
Table: Used HS Trade Codes
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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