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Serbia Medical Devices Report Q2 2016

Serbia Medical Devices Report Q2 2016

BMI View: We expect the Serbian medical device market to increase by 1.1% in US dollar terms in 2016,up from -21.6% in 2015, due to a smaller depreciation of the Serbian dinar against the US dollar.Economic growth will remain tepid in 2016, but recovering demand from Serbia's European tradingpartners will boost export growth. The majority of medical devices are imported as local manufacturersfocus on disposables such as bandages and syringes, and low-tech equipment.Latest Updates and Key Forecasts

We forecast that the market will register a 2014-2019 CAGR of 2.7% in local currency terms, but the2014-2019 CAGR will be weaker in US dollar terms due to the projected depreciation of the Serbiandinar against the dollar. We forecast a 2014-2019 CAGR of -0.6% to take the market from USD159.1mnin 2014 to USD154.4mn in 2019.

Due to slow economic growth and the continued depreciation of the Serbian dinar, we believe that importgrowth will be negative in US dollar terms throughout most of 2016. In the 12 months to December 2015,imports fell by 15.4% to USD124.0mn.

Due to brightening growth prospects in Serbia's European export markets, we believe that exportperformance will remain positive in 2016, although growth is likely to be less rapid than that recorded inQ415, due to the nature of one-off purchases in the diagnostic imaging sector. In the 12 months toDecember 2015, exports rose by 3.9% to USD71.1mn.

In March 2016, Serbia joined the EU Health Programme 2014-2020, which aims to promote health,prevent disease, protect citizens from serious cross-border health threats, advocate innovation withinhealth systems and improve access to better and safer healthcare. Serbia's participation in the programmewill lead to greater investment in health system development, increased regional co-operation and a moreefficient implementation of preventive measures.


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, 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 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 December 2015 (USDmn)
Industry Risk/Reward Index
Industry Risk Reward Index
Table: CEE 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
Private Healthcare Provider
Healthcare Funding
Healthcare Resources
Table: Medical Device Technology By Type And Sector, 2010 (Units)
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
Table: Serbian Medical Device Regulations, 2010-2015
Medical Device Pricing & Reimbursement
Competitive Landscape
Domestic Medical Device Manufacturing
National Medical Device Manufacturers
Boci
Prizma
Proxima
Multinational Medical Device Manufacturers
Fresenius Medical Care Srbija (Hemomed)
Multinational Market Activity
B. Braun
Becton Dickinson
Philips Healthcare
Siemens
Smith & Nephew
Stryker
Medical Device Market Access
Market Environment
Distribution
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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