Market Research Logo

Belgium Medical Devices Report Q2 2016

Belgium Medical Devices Report Q2 2016

BMI View: The Belgian medical device market continues to perform better than average for the region, butwe anticipate a slower rate of growth than in previous years. The health sector is set for a further period onausterity following the government's decision to cut the growth target for health insurance spending from3.0% to 1.5% in 2015 and to just 0.75% in 2016. At the same time, the rising health needs of the expandingelderly population and the drive to improve the care of patients with chronic conditions will continue todrive a steady expansion of the medical device market.

Latest Updates & Key Forecasts

We forecast that the medical device market will grow at a 2014-2019 CAGR of 2.7% in US dollar terms,reaching USD3.0bn in 2019. The low dollar grow rate reflects a weak euro, which will result in acontraction in the market in 2015 before a return to growth in 2016.

We expect import performance to continue to be affected by the weak euro in the short term. Importscontracted by 5.9% in the three months to October 2015 and by 3.2% over the 12 month period in USdollar terms. In euro terms, imports were up by 8.9% over the three months and 15.1% over the 12 monthperiod.

We expect export performance to pick up again as demand increases from other eurozonecountries. Exports were down by 12.2% in the three months to October 2015 and by 6.7% in the 12month period. In euro terms, exports rose by 1.4% in the three months and by 10.8% over the year.

Ion Beam Applications (IBA) has announced it will increase its headcount over the next 12 months inorder to deliver on recorded proton therapy orders. This will provide 200 additional jobs in Belgium forengineers and other qualified staff as part of IBA's growth strategy, which will boost employment in thedomestic industry.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
Latest Updates & 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 October 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 Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending October 2015 (USDmn)
Industry Risk/Reward Index
Industry Risk Reward Index
Table: WE 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
Table: Diagnostic Imaging Technology In Hospitals By Type, 2008-2013
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends And Developments
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competent Authority
Notified Bodies
Regulatory Developments
Market Vigilance
EU Medical Device Regulations
Designated Authorities
Existing Regulations
Proposed Regulatory Changes
Medical Device Pricing & Reimbursement
Reimbursement
Reimbursement - Implantable Devices
Health Technology Assessment
Competitive Landscape
Domestic Medical Device Production
Production Reported By Eurostat
Table: Medical Device Production By Product Area, 2010-2014 (EURmn)
Table: Detailed Medical Device Production By Product Area, 2010-2014 (EURmn)
Table: Detailed Medical Device Production By Product Area, 2010-2014 (USDmn)
Production Reported By Ministry Of Economy
Table: Production Of Medical & Surgical Equipment, 2003-2007 (EUR000s)
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Agfa HealthCare
Table: Agfa Healthcare, Key Financials, 2010-2014 (EURmn)
Beldico
Celyad
Endo Tools Therapeutics
Ion Beam Applications
Table: IBA Turnover By Product Area, 2011-2014 (EUR000)
Medsys
Orfit Industries
PhysIOL
Sibel
SMI
Other Manufacturers
Multinational Medical Device Manufacturers
Alcon-Couvreur
Baxter
LivaNova
MGC Diagnostics
Molnycke
Terumo
Vygon
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Market Environment
Distribution
Trade Associations
Trade Fairs
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report