Navigation Links
Medical Devices Market 2018 Forecasts: Ghana, Kenya, Iraq & Qatar Analysis in New Reports at MarketReportsOnline.com
Date:10/21/2013

Dallas, Texas (PRWEB) October 21, 2013

Ghana Overview of the Medical Market: Ghana is strategically positioned in Sub-Saharan Africa, and is rapidly gaining prominence as an entry point for investors keen to work in the region. Its healthcare sector has strong growth prospects, fuelled by the expansion of a national health insurance scheme, a growing middle class and increased government spending.

Ghana's fiscal deficit of 12.1% of GDP in 2012 will put pressure on public spending in 2013, but it is unlikely to have a negative impact on the government's commitment to improving healthcare accessibil ity in the medium term. BMI forecast s that the economy will post real GDP growth of 7.4 % in 2013.

In 2013, the Ghanaian market (http://www.marketreportsonline.com/285599.html .) for medical equipment and supplies is estimated at US$94 .9 mn, equal to US$ 3.6 per capita. The market is projected to grow to US$173.4mn by 2018, at a CAGR of 12.8%. Double-digit growth is anticipated across all sectors of the market.

Kenya Overview of the Medical Market: Kenya has one of Africa 's more diversified economies , although it is hampered by corruption . According to Business Monitor International (BMI), GDP is estimated at US$ 44.6 bn in 2013; real growth of 5.7% is forecast for the year, with private & public investment and consumption expected to perform strongly . GDP is expected to increase by an average 6.1 % per annum over the next five years, reaching US$ 72.0 bn by 2018. GDP per capita is expected to rise from US$ 1,006 in 2013 to a projected US$ 1,428 in 2018.

In 2013, the Kenyan medical device market (http://www.marketreportsonline.com/285601.html) is estimated at US$ 100.0mn, or US$2.3 per capita. The market is expected to grow by a 2013-2018 CAGR of 9.8% in US dollar terms, reaching US$159.8mn, or US$3.2 per capita. Patient aids are expected to have the highest growth over the 2013-2018 period.

Overview of The Medical Market In Iraq (http://www.marketreportsonline.com/285600.html):
Despite tentative improvements in relations between Baghdad and Erbil, the political situation in Iraq continues to deteriorate. The level of political violence in Iraq has increased significantly over recent months. July was the deadliest month in more than five years according to the UN mission in Baghdad. Iraq's radical Islamist insurgency has become increasingly active after a popular protest movement which developed since the end of 2012 in predominantly Sunni provinces of the country was crushed by the government. The Sunni minority - comprising approximately 30% of the total population - feels increasingly sidelined by the government, led by Shi'a Prime Minister Nouri al-Maliki, while the ongoing sectarian war in neighboring Syria will continue to inflame tensions in the country. BMI believes the country's political blocs will reach some form of agreement which will avoid the descent into outright civil war. Under a scenario whereby political risks continue to increase, however, prospects of an eventual partition of the country should not be underestimated.

In US dollar terms, GDP totals US$322.9bn in 2013, equal to US$9,563.8 per capita. BMI projects real GDP growth of 10.5% and 10.7% in 2013 and 2014, respectively. This is a revision on BMI's projections, down from 11.2% in 2013 and 14.5% in 2014 previously, primarily due to the prospects for the oil sector over the coming few quarters. That said, BMI reaffirms its constructive view on the country's medium-term economic outlook and sees private consumption and exports remaining the key growth drivers of the economy. BMI forecasts real growth averaging 10.3% between 2013 and 2017, making Iraq the fastest growing economy in the MENA region over the coming years.

Overview of the Medical Market in Qatar (http://www.marketreportsonline.com/285602.html) As part of the Qatar National Vision (QNV) 2030, the government launched the National Development Strategy (NDS) 2011-2016 in 2011, which is a short-term strategy plan. The NDS incorporated 14 sectorspecific strategies, one of which was the National Health Strategy (NHS) 2011-2016. One of the first NHS disease-specific strategies was the National Cancer Strategy (NCS) 2011-2016, which outlined six key cancer care stages. The NHS identified key challenges to healthcare, including an imbalanced care model, limited national health integration, changing morbidity and mortality patterns, increasing and fluctuating population, quality workforce shortages and the need to strengthen health regulation.

Explore more reports on Medical Devices markets at http://www.marketreportsonline.com/cat/medical-devices-market-research.html.

About Us:
MarketReportsOnline.com is an online database of regional industry research reports, company profiles and SWOT analysis studies for multiple industries, organizations and market segments. Our sales and research experts offer 24 X 7 support to our customers through phone and email communication. Not limited to the medical devices industry, MarketReportsOnline.com offers research studies on agriculture, energy and power, chemicals, consumer goods, environment, food and beverages, healthcare, pharmaceuticals, biotechnology and much more.

Read the full story at http://www.prweb.com/releases/2018-medical-devices/industry-analysis/prweb11250870.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Physician Groups Call for Fewer Medical Tests
2. Weill Cornell Medical College establishes Center for Healthcare Informatics and Policy
3. CAM therapy combined with conventional medical care may improve treatment of lower back pain
4. Image share project gives patients and physicians anytime, anywhere access to medical images
5. Researchers determine vitamin D blood level for reducing major medical risks in older adults
6. Biomedical researchers receive Hartwell Foundation awards
7. Columbia University Medical Center and NY-Presbyterian experts at APA meeting
8. Fitness in Middle Age Lowers Medical Costs Later: Study
9. Ben-Gurion U. and Cincinnati Childrens Hospital to develop pediatric-specific medical technologies
10. Gene Tests May Not Drive Patients to More Medical Care
11. University studies and career expectations of medical students
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... ... February 05, 2016 , ... Stuart Bentkover, MD, FACS ... Designed to provide the most effective tattoo removal today, Dr. Bentkover is the only ... Developed by Cynosure, the PicoSure has been approved by the Food and Drug Administration ...
(Date:2/5/2016)... ... 05, 2016 , ... Colorize is a web theme package created ... next using Colorize's dynamic moving camera. Colorize is perfect for personal and web related ... environment with 1 to 5 focus points per scene, stage floor scene presets that ...
(Date:2/5/2016)... ... ... Health and wellness is a topic that should concern all Americans; however, ... an illness. Migraines are a severe form of a headache and often are accompanied ... the pain on their worst enemy, the feeling can last for many hours and ...
(Date:2/5/2016)... Ramsey, NJ (PRWEB) , ... February 05, 2016 ... ... Optimizing Primary Care for Patients with Rare Diseases, a continuing medical education (CME) ... conference is the first of its kind—and a first for ACCORD, whose mission ...
(Date:2/5/2016)... ... February 05, 2016 , ... KICVentures ( http://www.kicventures.com ) announced ... in New York City on Thursday, January 21, 2016. Kingsley R. Chin, ... alumnus of the varsity Columbia soccer program) spoke at the event, offering professional ...
Breaking Medicine News(10 mins):
(Date:2/4/2016)...  The Senior Care Pharmacy Coalition (SCPC) today ... Jason Chaffetz (R-UT) and Ranking Member ... , "Developments in the Prescription Drug Market," to ... about abusive pharmacy benefit manager (PBM) pricing practices. ... Member Elijah Cummings (D-MD) are diligent, serious lawmakers ...
(Date:2/4/2016)... , Feb. 4, 2016  Montoya Love is ... in the field of Pharmaceuticals. Montoya is the Regulatory ... Manufacturing and ... Becton Dickinson provides healthcare institutions, clinical laboratories ... throughout fifty countries across the globe. ...
(Date:2/4/2016)... Mettler-Toledo International Inc. (NYSE: MTD ) today announced ... highlights: , Sales in local currency increased ... Reported sales decreased 3% as currency reduced sales growth ... per diluted share as reported (EPS) were $4.44, compared ... was $4.65, an increase of 10% over the prior-year ...
Breaking Medicine Technology: