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Pakistan Medical Devices Report Q2 2016

Pakistan Medical Devices Report Q2 2016

BMI View: The Pakistan medical device market is small for a country of its size. We expect the market toregister very low growth of 1.7% in US dollar terms in 2016, compared with an increase of 3.7% in localcurrency terms, due to the depreciation of the Pakistani rupee against the US dollar. Domestic productionis limited primarily to steel surgical instruments and the majority of the market is supplied by imports.

Latest Updates and Key Forecasts

We forecast that the market will register a 2014-2019 CAGR of 4.5% in local currency terms, which islower than the 2009-2014 CAGR of 10.2%. In US dollar terms, the 2014-2019 CAGR will be lower at1.9%, due to the projected depreciation of the Pakistani rupee over the forecast period. We expect themarket to increase from USD356.8mn in 2014 to USD392.2mn in 2019.

With the Pakistani rupee set to depreciate further against the US dollar, we foresee weak importperformance in US dollar terms in 2016, rather than a repeat of the strong import growth rates achieved in2014. In the 12 months to August 2015, imports rose by 8.0% to USD352.7mn.

We expect the other medical devices product area, composed mainly of steel surgical instruments, tocontinue leading export growth in 2016. The performance in US dollar terms will be lower than localcurrency values due to local currency depreciation. In the 12 months to August 2015, exports rose by1.6% to USD313.7mn.

We believe that the national health insurance programme launched in December 2015 will increase thedemand for medical devices, as the system will only be able to cope with the extra demand through theaddition of new facilities or the improvement of existing hospitals. Private hospitals that sign up to theprogramme will be offered loans to upgrade their facilities, which presents an opportunity for medicaldevice procurement.


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, 2009-2014 (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 To August 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2009-2014 (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 To August 2015 (USDmn)
Industry Risk/Reward Index
Table: APAC Medical Device Risk/Reward Ratings, 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 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 Authority
Regulation
Competitive Landscape
Domestic Medical Device Production
National Medical Device Manufacturers
Hilbro
Dr Frigz International
Elmed Instruments
Table: Other Leading Surgical & Dental Instruments Manufacturers/Exporters
Multinational Medical Device Manufacturers
Becton Dickinson
BSN Medical
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Distribution
Trade Association
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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