Lebanon Medical Devices Report Q2 2016
BMI View: The market will record moderate growth over the forecast period, and remain attractive to launch medical devices in the Levant region. Market drivers will include the demographic boost provided by the influx of Syrian refugees, the increasing incidence of chronic diseases, medical tourism, the predominance of private healthcare providers, import reliance and stronger market regulation. However, political instability, widespread corruption, economic stagnation and high market competition will constrain market growth.
We maintain that the market will record a moderate 2014-2019 CAGR of 7.1% in US dollar terms, slightly down from a 2009-2014 CAGR of 8.0%, which will take the value to USD339.4mn. The local currency tends to be pegged to the US dollar, but the lower US dollar growth will reflect a slight depreciation of the local currency against the US dollar over the forecast period.
With little domestic manufacturing capability, the country will continue to rely heavily on imports to supply the market in the foreseeable future. Imports declined by 0.5% in US dollar terms to USD228.8mn in 2014, which was the country's second highest ever import level, but recorded a 2009-2014 CAGR of 8.0%.
- 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 Forecasts
- 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 December 2014 (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 December 2014 (USDmn)
- Industry Risk/Reward Index
- Table: MEA 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 And Developments
- Industry Trends & Developments
- Regulatory Development
- Medical Device Regulations
- Competent Authorities
- Regulations
- Competitive Landscape
- Domestic Medical Device Production
- National Medical Device Manufacturers
- Multinational Market Activity
- Table: Multinational Market Activity, 2016
- Medical Device Market Access
- Administrative Divisions
- Distribution
- Trade Associations
- Trade Shows
- Methodology
- Forecast Methodology
- Trade Code Classifications
- Table: Rearranged HS Trade Codes
- Risk/Reward Index Methodology
- Table: Medical Devices Risk/Reward Index Indicators
- Sources
- Contact