Navigation Links
South Asia Medical Device Market Reports

NEW YORK, July 9, 2013 /PRNewswire/ -- announces that a new market research report is available in its catalogue:

South Asia Medical Device Market Reports

Highlights from the Region

Bangladesh has virtually no domestic manufacturing industry and only produces a negligible number of low-tech medical items. Almost all medical goods have to be imported.

In 2012, the Bangladeshi medical device market was estimated at US$148.5 million, equal to just US$0.9 per capita. The per capita spending rate is one of the lowest in the world, similar to Indonesia.
After a sharp rise in 2010, Bangladesh's medical imports increased by just 1.1% to US$129.1 million in 2011. Data up to September 2012 however, reveals a decrease in imports over the previous 12 months, with a fall of 9.1% to US$109.5 million over the period.

Future increased demand for medical equipment and supplies will come mainly from private sector hospitals and medical centres.

Government proposals to boost health insurance cover from 25% to 75% by 2017 will be hampered by a lack of healthcare infrastructure in India. Given the lack of healthcare infrastructure, the government's plans mark an opportunity for private investors, and manufacturers of medical devices, as new facilities are constructed and existing ones are upgraded.

Detailed regulation of medical devices is still under consideration. In October 2005, a number of in vivo medical devices were added to the Drugs and Cosmetics Act, bringing them into regulatory control. New guidelines for sterile medical devices came into force on 1st March 2006. In March 2009, clarification was published, which provided a list of additional sterile medical devices to be included under the provisions of the Drugs and Cosmetics Act and Rules. In October 2012, the government was working on the revision of rules in recognition of the need to consider medical devices as a separate category. The new regulations will be published as the Drugs, Cosmetics and Medical Device bill.

The healthcare sector is poorly funded by the government and the private sector is only affordable to a small minority of the population. Total spending on healthcare is equal to around 2.0% of GDP, which is considered low by world standards. With the Ministry of Health dismantled in 2011, responsibility for healthcare was devolved to provincial governments meaning there are regional disparities in the quality of care.

Hospital and health centre facilities are rudimentary and poorly equipped in the majority of cases. Medical equipment are often imported, second-hand, from developed countries and operated by untrained personnel, limiting their effective use. The primary sector is underused and per capita medical personnel levels are low.

Surgical instruments make up the bulk of a limited domestic manufacturing sector. This takes place in facilities in the Punjab region of Sialkot and equipment is of a high standard, although the majority is destined for export overseas.

The medical device market is heavily supplied by imports, which account for over two-thirds of the market. Imports have grown very strongly in recent years, rising by 19.4% in 2011, and by 9.7% in CAGR terms between 2007 and 2011. The actual figure may be higher, as many items of second-hand equipment are imported as scrap, only to be reassembled and sold as new or nearly new devices.

3 separate reports


These Quarterly Updated Reports Analyse the Issues

South Asia Medical Device Market Reports are published by Espicom. Each report provides an individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments in the wider context of market structure, service and access. The reports are available individually or as a discounted collection, and the price includes 4 completely updated reports sent quarterly and details of local medical equipment distributors.

To order this report:
Medical_Devices Industry: South Asia Medical Device Market Reports

Contact Clare:
US:(339) 368 6001
Intl:+1 339 368 6001

SOURCE Reportlinker
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Southern Research Signs Agreement with Apath, LLC to Conduct Preclinical Studies with Virus-Based HCV Screenings
2. Cara Therapeutics Licenses Novel Kappa Opioid Agonist, CR845, to Chong Kun Dang Pharmaceutical Corporation For South Korean Market
3. Synteract Sponsoring and Presenting at Outsourcing in Clinical Trials Southeast Conference
4. Marken Opens Branch Office In Seoul, South Korea
5. CarePoint Partners Expands Coverage in Southeast
6. CPhI South America 2012 Returns to Brazil with One of a Kind Pharma Event
7. Albemarle expands South Haven API production site
8. Medical Oncology Association of Southern California Purchasing Network (MPN) Names Cardinal Health Specialty Solutions as its Primary Healthcare Solutions Partner
9. Sanford Wittels & Heisler Files $100 Million Gender Discrimination Class Action In Southern District Of New York
10. South Carolinas Stop-Sale System Achieves Significant Results In Battle Against Meth
11. Arthritis Associates of South Florida Acquires Access to Patient Health History Faster with Digital Pen Technology from Anoto and NextGen Healthcare
Post Your Comments:
(Date:6/24/2016)... 2016 Dehaier Medical Systems Ltd. (NASDAQ: ... markets and sells medical devices and wearable sleep respiratory ... strategic cooperation agreement with Hongyuan Supply Chain Management Co., ... June 20, 2016, to develop Dehaier,s new Internet medical ... Dehaier will leverage Hongyuan Supply Chain,s sales platform to ...
(Date:6/24/2016)... June 24, 2016 Research and Markets ... for Companion Diagnostic Tests" report to their offering. ... Companion Diagnostics The World Market for Companion ... medicine diagnostics. Market analysis in the report includes the following: ... (In Vitro Diagnostic Kits) by Region (N. America, EU, ROW), ...
(Date:6/24/2016)... 2016   Pulmatrix, Inc ., (NASDAQ: ... drugs, announced today that it was added to the ... its comprehensive set of U.S. and global equity indexes ... important milestone for Pulmatrix," said Chief Executive Officer ... our progress in developing drugs for crucial unmet medical ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 26, 2016 , ... PawPaws brand pet supplements owned by ... to enhance the health of felines. The formula is all-natural and is made from ... the PawPaws Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... ... health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, ... work on several important health care topics including advance care planning, healthcare costs ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture animations, ... Christina Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms ... Final Cut Pro X . Simply select a ProHand generator and drag it above ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. ... from injury. Recently, he has implemented orthobiologic procedures as a method for treating ... one of the first doctors to perform the treatment. Orthobiologics are substances that ...
(Date:6/24/2016)... ... 2016 , ... A recent article published June 14 on E ... goes on to state that individuals are now more comfortable seeking to undergo not ... as calf and cheek reduction. The Los Angeles area medical group, Beverly Hills Physicians ...
Breaking Medicine News(10 mins):