Austria Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

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Austria Medical Devices Report
Product Price
$1,295.00

BMI View : We anticipate that the medical device market will see a CAGR of 2.4% over the 2014-2019 period, which will be below average for the Western Europe region . In keeping with most developed markets, the main growth drivers in the market are the increasing health needs of the ageing population and the search for new technologies to improve patient outcomes and increase health service efficiency.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 2,307.4 270.6 1,721.9 202.0 0.75
2015 1,953.4 228.3 1,775.8 207.5 0.91
2016 1,984.9 231.1 1,855.0 216.0 0.93
2017 2,140.5 248.3 1,945.9 225.7 0.91
2018 2,360.9 272.9 2,052.9 237.3 0.87
2019 2,598.8 299.3 2,165.7 249.4 0.83

Latest Updates and Key Forecasts

  • We forecast that the market will grow at a US dollar 2014-2019 CAGR of 2.4% from USD2.3bn in 2014 to USD2.6bn in 2019. The lower dollar growth rate reflects currency depreciation at the start of the forecast period. This will translate into a 15.3% contraction in the US dollar value of the market in 2015, followed by a return to low growth in 2016 and higher growth from 2017 to 2019.

  • The market is heavily reliant upon imports, which account for over 85% of demand. While we anticipate that imports will continue to rise in euro terms, currency weakness will continue to negatively impact upon US dollar values. Imports fell by 7.4% y-o-y to USD517.3mn in the three months to October 2015 and by 8.1% y-o-y to USD2,065.9mn over the 12 months to October 2015.

  • We expect exports will continue to outperform imports, boosted by rising activity within the patient aids product area, although currency weakness will weigh on US dollar values. Exports decreased by 3.6% y-o-y to USD533.4mn over the three months to October 2015. The running annual export total fell to just over USD2.1bn in the 12 months to October 2015, representing a y-o-y decline of 4.4%.

  • Government efforts to curb healthcare expenditure are stimulating an increasing trend towards the adoption of more cost-effective day surgery in Austria, offering up opportunities for manufacturers of minimally-invasive surgery equipment and other day procedure products. The number of day surgeries increased by 87.6% over the 2009-2014 period, according to data released by Statistik Austria in November 2015.

BMI Industry View
9
Table: Projected Medical Device Market, 2014-2019
9
Latest Updates and Key Forecasts
9
SWOT
10
Medical Device Market
10
Industry Forecast
12
Medical Device Market Forecast
12
Latest Updates
12
Structural Trends
12
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
13
Consumables Market Forecast
18
Latest Updates
18
Structural Trends
18
Bandages & Dressings
18
Suturing Materials
19
Syringes, Needles & Catheters
19
Other Consumables
19
Table: Consumables Market, 2009-2019 (USDmn)
20
Table: Consumables Market, 2010-2019 (USDmn % Change)
21
Diagnostic Imaging Market Forecast
23
Latest Updates
23
Structural Trends
23
Electrodiagnostic Apparatus
23
Radiation Apparatus
24
Imaging Parts & Accessories
25
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
25
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
27
Dental Products Market Forecast
29
Latest Updates
29
Structural Trends
29
Capital Equipment
29
Instruments & Supplies
30
Table: Dental Products Market, 2009-2019 (USDmn)
30
Table: Dental Products Market, 2010-2019 (USDmn % Change)
31
Orthopaedics & Prosthetics Market Forecast
33
Latest Updates
33
Structural Trends
33
Fixation Devices
33
Artificial Joints
34
Other Artificial Body Parts
34
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
34
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
35
Patient Aids Market Forecast
36
Latest Updates
36
Structural Trends
36
Portable Aids
36
Therapeutic Appliances
37
Table: Patient Aids Market, 2009-2019 (USDmn)
37
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
38
Other Medical Devices Market Forecast
40
Latest Updates
40
Structural Trends
40
Table: Other Medical Devices Market, 2009-2019 (USDmn)
41
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
42
Annual Medical Device Imports
44
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
47
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
48
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
50
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
51
Table: Detailed Medical Device Import Trends By Product Area, 2014
54
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
57
Monthly Medical Device Imports
61
Table: Monthly Medical Device Imports By Product Area, Year Ending October 2015 (USDmn)
61
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
66
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
67
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
69
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2014
73
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
76
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
79
Monthly Medical Device Exports
83
Table: Monthly Medical Device Exports By Product Area, Year Ending October 2015 (USDmn)
83
Industry Risk/Reward Index
84
Table: WE Medical Device Risk/Reward Index, Q216
85
Market Overview
86
Medical Device Market Overview
86
Table: Medical Device Market, Key Ratios, 2014
86
Table: Medical Device Market By Product Area, 2014
87
Healthcare Overview
88
Health Status
88
Healthcare System
89
Healthcare Funding
90
Table: Healthcare Expenditure, 2012-2013 (EURmn)
91
Healthcare Resources
92
Table: Diagnostic Imaging Technology By Type, 2005-2014 (Units)
93
Table: Diagnostic Imaging Technology By Type, 2005-2014 (Rate / mn Population)
94
Table: Equipment Allocations Under Healthcare Structural Plan, 2012
95
Healthcare Activity
95
Healthcare Personnel
95
Key Healthcare Data
96
Table: Key Healthcare Data, 2010-2015
96
Industry Trends & Developments
98
Regulatory Development
103
Medical Device Regulations
103
EU Medical Device Regulations
103
Designated Authorities
103
Existing Regulations
103
Proposed Regulatory Changes
105
Medical Device Pricing & Reimbursement
108
Competitive Landscape
109
Domestic Medical Device Production
109
Table: Medical Device Production By Product Area, 2009-2014 (EURmn)
109
Table: Medical Device Production By Product Area, 2009-2014 (USDmn)
113
National Medical Device Manufacturers
117
Med-El
117
Miracor Medical Systems
117
Nessler Medizintechnik
117
Semperit
118
VAMED
119
W&H Dentalwerk
119
Multinational Medical Device Manufacturers
121
GE Healthcare
121
Lohmann & Rauscher
121
Otto Bock Healthcare
121
Paul Hartmann
122
Multinational Market Activity
123
Table: Multinational Market Activity, 2016
123
Medical Device Market Access
127
Distribution
127
Trade Associations
127
Table: Austromed Members, September 2014
128
Trade Shows
131
Methodology
132
Forecast Methodology
132
Trade Code Classifications
133
Table: Rearranged HS Trade Codes
134
Risk/Reward Index Methodology
137
Table: Medical Devices Risk/Reward Index Indicators
138
Sources
140
Contact
141

The Austria Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Austria provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Austria Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Austria, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Austria.
  • Target Business Opportunities in the Austria Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Austria.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.