Czech Republic Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

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Czech Republic Medical Devices Report
Product Price
$1,295.00

BMI View: We expect t he Czech Republic to be the fastest growing medical device market in Central and Eastern Europe (CEE) over the 201 4 -201 9 period, driven by strong economic performance and increase s in health expenditure . The Czech Republic is heavily reliant on imported medical devices , although domestically manufactured products are of an increasingly good quality and remain competitive in terms of price.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 1,407.0 131.0 31,517.8 2,934.5 22.4
2015 1,495.4 138.8 32,898.8 3,052.7 22.0
2016 1,614.7 149.3 34,553.7 3,195.9 21.4
2017 1,781.8 164.3 36,277.8 3,345.6 20.4
2018 1,885.0 173.4 37,851.0 3,481.3 20.1
2019 1,948.0 178.7 39,427.6 3,617.3 20.2

Latest Updates and Key Forecasts

  • We forecast that the market will register a 2014-2019 CAGR of 4.6% in local currency terms, but market growth will be stronger in US dollar terms due to the projected appreciation of the Czech Koruna against the dollar over the forecast period. We expect the market to increase from USD1,407.0mn in 2014 to USD1,948.0mn in 2019.

  • Due to the bright economic outlook and the appreciation of the Czech koruna over the next few years, we believe that medical device import performance will strengthen in US dollar terms in 2016. In the 12 months to September 2015, imports fell by 8.4% to USD1,085.0mn.

  • We believe that medical device export growth rates in US dollar terms will improve in 2016 as external demand strengthens, particularly as eurozone recovery is being led by Germany, the Czech Republic's largest export market. In the 12 months to September 2015, exports fell by 4.2% to USD1,087.8mn.

  • In November 2015, it was reported that an increasing number of people are coming from abroad to receive medical treatment at Czech clinics and hospitals, which is provided at a lower cost compared to most West European countries. The most popular treatments are eye operations, plastic surgery, assisted reproduction and joint replacement surgery.

BMI Industry View
7
SWOT
9
Medical Device Market
9
Political
10
Economic
11
Operational Risk
12
Industry Forecast
14
Medical Device Market Forecast
14
2014-2019 Performance
14
Table: Projected Medical Device Market, 2014-2019
15
2009-2014 Performance
15
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
17
Consumables Market Forecast
22
Bandages & Dressings
22
Suturing Materials
23
Syringes, Needles & Catheters
23
Other Consumables
23
Table: Consumables Market, 2009-2019 (USDmn)
24
Table: Consumables Market, 2010-2019 (USDmn % Change)
25
Diagnostic Imaging Market Forecast
27
Electrodiagnostic Apparatus
27
Radiation Apparatus
28
Imaging Parts & Accessories
28
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
29
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
30
Dental Products Market Forecast
32
Capital Equipment
32
Instruments & Supplies
32
Table: Dental Products Market, 2009-2019 (USDmn)
33
Table: Dental Products Market, 2010-2019 (USDmn % Change)
33
Orthopaedics & Prosthetics Market Forecast
35
Fixation Devices
35
Artificial Joints
35
Other Artificial Body Parts
36
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
36
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
36
Patient Aids Market Forecast
38
Portable Aids
38
Therapeutic Appliances
38
Table: Patient Aids Market, 2009-2019 (USDmn)
39
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
40
Other Medical Devices Market Forecast
42
Table: Other Medical Devices Market, 2009-2019 (USDmn)
43
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
44
Annual Medical Device Imports
46
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
49
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s % Change)
50
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
51
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s % Change)
52
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
54
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
55
Table: Detailed Medical Device Import Trends By Product Area, 2014
58
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
61
Monthly Medical Device Imports
66
Table: Monthly Medical Device Imports By Product Area, June 2012-July 2015 (USDmn)
66
Annual Medical Device Exports
68
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
72
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s % Change)
73
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
74
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s % Change)
75
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
77
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
78
Table: Detailed Medical Device Export Trends By Product Area, 2014
82
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
85
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
89
Monthly Medical Device Exports
93
Table: Monthly Medical Device Exports By Product Area, June 2012-July 2015 (USDmn)
93
Macroeconomic Forecasts
95
Economic Analysis
95
Table: Economic Activity (Czech Republic 2010-2019)
99
Industry Risk/Reward Index
100
Table: CEE Medical Device Risk/Reward Index, Q415
101
Market Overview
102
Medical Device Market Overview
102
Table: Medical Device Market, Key Ratios, 2014
103
Table: Medical Device Market By Product Area, 2014
103
Healthcare Overview
104
Health Status
104
Healthcare System
106
Healthcare Funding
110
Healthcare Resources
111
Table: Medical Device Technology By Type, 2006-2013 (Units)
112
Table: Medical Device Technology By Type, 2006-2013 (Per Mn Population)
113
Healthcare Activity
114
Healthcare Personnel
114
Key Healthcare Data
115
Table: Key Healthcare Data, 2009-2014
115
Industry Trends And Developments
118
Regulatory Development
122
Medical Device Regulations
122
Table: Notified Bodies In The Czech Republic
122
EU Medical Device Regulations
124
Designated Authorities
124
Existing Regulations
125
Proposed Regulatory Changes
126
Implications For The Industry
129
Medical Device Pricing & Reimbursement
132
Competitive Landscape
133
Domestic Medical Device Production
133
Table: Medical Device Production By Detailed Product Area, 2010-2014 (EURmn)
133
Table: Medical Device Production By Detailed Product Area, 2010-2014 (USDmn)
136
Table: Medical Device Production By Detailed Product Area, 2010-2014 (% Distribution)
140
Domestic Medical Device Manufacturing
143
Table: Czech Medical Device Manufacturers
143
National Medical Device Manufacturers
145
Multinational Medical Device Manufacturers
151
Multinational Market Activity
153
Table: Multinational Market Activity, 2015
153
Medical Device Market Access
155
Market Environment
155
Distribution
155
Purchasing
156
Trade Association
156
Table: Czechmed Member Companies, 2015
156
Trade Fairs
157
Methodology
158
Forecast Methodology
158
Trade Code Classifications
159
Table: Rearranged HS Trade Codes
160
Risk/Reward Index Methodology
163
Table: Medical Devices Risk/Reward Index Indicators
164
Sources
166
Contact
167

The Czech Republic Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Czech Republic provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Czech Republic Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Czech Republic, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Czech Republic.
  • Target Business Opportunities in the Czech Republic Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Czech Republic.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.