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Spain Medical Devices Report Q2 2016

Spain Medical Devices Report Q2 2016

BMI View: We forecast low market growth over the forecast period, as pre-crisis import growth levels areunlikely to return. Due to its large size, the market will remain attractive to multinational and nationalcompanies. Despite cost-containment measures and SNS debts, most of the market will remain accountableto the public sector. The market will benefit from the prevalence of chronic diseases, the ageing populationand digital transformation.

Latest Updates And Key Forecasts

We forecast that the market will register a 2014-2019 CAGR of 1.0% in US dollar terms, due to thedepreciation of the euro against the US dollar. Nevertheless, Spain will remain the fifth largest market inWestern Europe. In per capita terms, Spain will remain outside the top 20 and lag behind the majoreconomies of Germany, France, the UK and Italy.

We maintain the view that euro depreciation will continue to hinder import performance in US dollarterms. Imports fell by 2.8% to USD0.9bn in the three months to October 2015, and by 7.1% to USD4.1bnin the 12 months to October 2015.

Weak economic growth in other core eurozone economies, and the depreciation of the euro against thestrong US dollar will continue to impair export growth in US dollar terms. Exports fell by 11.7% in USdollar terms to USD0.4bn in the three months to October 2015, and by 14.9% in US dollar terms toUSD1.6bn in the 12 months to October 2015.

The government will ensure that the regions continue to reduce the debt owned to medical suppliers inorder to guarantee the sustainability of the fragmented industry. The debt level is now less critical than itwas in 2011, while the average payment in terms of number of days is more manageable. In February2016, FENIN reported that the debt decreased to EUR1.1bn (USD1.2bn) in 2015, with average paymentsof 148 days.


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 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
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 Providers
Healthcare Funding
Healthcare Resources
Table: Hospital And Ambulatory Diagnostic Imaging Units, 2008-2013
Table: Hospital Medical Equipment Units, 2008-2013
Table: Hospital Medical Equipment Units By Region, 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
Regulations
Fees
Table: Fees, 2016
Regulatory Statistics
Table: Company Licences For Health Products, 2004-2014
Table: Registrations Of Class I Health Products And In Vitro Diagnostic Devices, Marketed By A Spanish Company, 2004-2014
Table: Marketing Authorisations Of Medium And High Risk Health Products, 2004-2014
Table: Other Evaluations & Authorisations Of Health Products, 2004-2014
Table: Vigilance System Of Health Products, 2004-2014
Table: Notified Adverse Incidents By Product Type, 2004-2014
Table: Market Control Of Health Products, 2004-2014
EU Medical Device Regulations
Designated Authorities
Existing Regulations
Proposed Regulatory Changes
Medical Device Pricing & Reimbursement
Pricing
Reimbursement
Table: SNS Co-Payment Levels For Orthopaedics & Prosthetics Used In Ambulatory Care, 2012
Health Technology Assessment
Table: Members Of The Council Of The Spanish Network Of HTA Agencies And SNS Services, 2013
Procurement
Debt
Competitive Landscape
Domestic Medical Device Production
Production Reported By INE
Table: Medical & Dental Device Production Indicators, 2009-2014 (EURmn)
Production Reported By Eurostat
Table: Detailed Medical Device Production By Product Area, 2009-2014 (EURmn)
Table: Detailed Medical Device Production By Product Area, 2009-2014 (USDmn)
Domestic Medical Device Manufacturing
Producers Reported By INE
Table: Medical & Dental Device Producers, 2000-2014
Personnel Reported By INE
Table: Medical & Dental Device Personnel, 2000-2014
National Medical Device Manufacturers
Table: Inibsa Group's Sales, 2007-2014 (EURmn)
Table: WerfenLife's Sales, 2005-2013 (EURmn)
Table: Prim Group's Net Sales, 2009-2014 (EURmn)
Multinational Medical Device Manufacturers
Table: B. Braun's Sales By Company, 2012-2014 (EURmn)
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Market Environment
Distribution
Trade Association
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

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