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The Outlook for Medical Devices in Western Europe
Date:7/31/2012

om US$8.3 billion in 2011 to US$9.8 billion by 2016. The medical manufacturing industry has seen an influx of foreign companies; most larger manufacturers are now subsidiaries of multinational groups. With flagging domestic production in several sectors the French medical device market is increasingly reliant upon imports, which now account for around 80% of consumption. The value of medical device imports exceeds the total market value due to the fact thatnot all imported products are destined for the domestic market, but are re-exported to other countries.

SPAIN

The Spanish medical market ranks fifth in the EU-27 and eighth in the world. In 2010, it was estimated at US$4.5 billion, which is similar to Canada's market size. Per capita spending on medical equipment is on the low side for an EU-27 country. Much of the market, especially high-end products, is centred in the main cities, Madrid and Barcelona. Imports, valued at US$4.1 billion in 2009, represent the majority of the market, an estimated 87.9% in 2010. Spain has one the world's largest balance of trade deficits in medical devices, valued at US$2.7 billion in 2009. Consumables are the largest medical sector, followed by orthopaedic & implantable products, diagnostic imaging apparatus

and dental products. Spain has a strong medical device manufacturing sector, which tends to be based around Madrid and Barcelona. Companies, however, tend to be small and concentrated at the low to medium technology end of the market. Major export categories included medical supplies, syringes, needles and catheters and X-ray equipment. Net medical production was valued at US$1.1 billion with exports amounting to US$1.3 billion in 2009.

More Information...11 Key Markets CoveredAustria Belgium France Germany Ireland Italy Netherlands Portugal Spain Switzerland United KingdomMARKET OUTLOOK Key national data projections Current market size Unique 5-year market projections Market outlook Market st
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