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The Outlook for Medical Devices in Central Asia
Date:3/20/2012

shortages of trained staff. There is a growing private hospital sector, largely based in Dhaka, which caters for the well-off. It is in the private sector where the most advanced services are located, and where almost all the demand for advanced equipment will be found.

Given the country's lack of spending power, the medical equipment market, at around US$115 million, remains tiny in comparison with the size of the population. Steadily improving economic performance, combined with a general determination to boost the quality of healthcare, should lead to steady, if unspectacular, market growth. Imports have shown an upward trend in recent years and 2005 saw exceptional growth by almost two thirds over 2004, with 'high end' equipment such as X-ray equipment more than doubling to become the leading import category. Imports did however contract, albeit marginally, in 2006 by 2.3%. There is very little local production of medical equipment, so the medical device market is heavily reliant on imports, often supplied in conjunction with aid projects.

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