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The Outlook for Medical Devices in Central & Eastern Europe
Date:11/29/2011

ound 62% of the medical device market is supplied by imports. Germany, the Netherlands and Austria were the leading suppliers in 2007, accounting for around 50% of imports. Consumables and orthopaedic products were the largest import categories in 2007.

RUSSIA

The Russian market is potentially huge, given its population and potential wealth of natural resources. Health expenditure remains low however, and patients are often forced to rely on out-of-pocket payments for treatment. A system of medical insurance is in place, but it is badly managed and the quality of treatment varies from region to region. However, the government's national 'health' project aims to improve healthcare standards. Since the project's implementation, numerous medical facilities have been upgraded and a substantial number of medical personnel have been awarded salary increases. In 2009, the Russian market for medical equipment and supplies was estimated at US$5,961.3 million. Per capita spending is very low at US$42 per capita. It is expected that the Russian medical device market will continue to expand at a rate of 5.4% per annum. Around 73% of the market is supplied by imports which haves generally increased over the last five years.

Focus on market opportunities:Diagnostic Imaging

Recent data shows that the value of medical equipment imported by the countries of Central & Eastern Europe has grown consistently year on year, particularly in the field of diagnostic imaging. In 2007, Ukraine's imports of diagnostic imaging apparatus increased by 116.8% and Romania's by 112.9%. Although there are exceptions, due to one-off purchases, the region is reliant on imports as domestic medical production tends to focus on the lower end of the technology scale.

Many countries are modernising their ageing facilities and equipment, providing opportunities for foreign suppliers. For example, Romania has virtually no domestic medical equipment industry, and th
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