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Hungary Medical Devices Report Q1 2016

Hungary Medical Devices Report Q1 2016

BMI View: We expect the Hungarian medical device market to grow by a CAGR of 4.5% in US dollarterms over the 2014-2019 period, boosted by a strengthening economy. Hungary will remain heavily relianton imported medical devices despite a growing domestic industry. Manufacturers tend to concentrate onexports, most of which are shipped to Western Europe. The comprehensive public hospital sector andexpanding private sector will retain the demand for medical devices.

Latest Updates and Key Forecasts

We forecast that the market will register a 2014-2019 CAGR of 4.6% in local currency terms, but in USdollar terms, the 2014-2019 CAGR will be lower at 4.5%, due to the projected depreciation of theHungarian forint against the dollar in 2015 and 2016. We expect the market to increase fromUSD703.3mn in 2014 to USD875.2mn in 2019.

We anticipate a stronger import performance in US dollar terms in 2016, with the economy set to be wellsupported by private consumption and the Hungarian forint depreciating only slightly against the dollar.

In the 12 months to August 2015, imports fell by 1.3% to USD431.5mn.

We believe that export performance in US dollar terms will be more positive throughout 2016, with theeconomy growing and companies such as B. Braun investing in their Hungarian subsidiaries. In the 12months to August 2015, exports rose by 1.1% to USD829.9mn.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
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 Trade Balance, 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, Q116
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
Private Healthcare Provider
Healthcare Funding
Healthcare Resources
Table: Diagnostic Imaging Technology By Type, 2006-2013 (Units)
Table: Diagnostic Imaging Technology By Type, 2006-2013 (Per Mn Population)
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
Table: Notified Bodies In Hungary
Regulations
EU Medical Device Regulations
Designated Authorities
Existing Regulations
Proposed Regulatory Changes
Medical Device Pricing & Reimbursement
Reimbursement
Procurement
Competitive Landscape
Domestic Medical Device Production
Table: Medical Device Production By Detailed Product Area, 2010-2014 (EURmn)
Table: Medical Device Production By Detailed Product Area, 2010-2014 (USDmn)
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2015
Medical Device Market Access
Market Environment
Distribution
Trade Association
Table: Selected AMDM Members, 2015
Trade Show
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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