Czech Republic 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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Czech Republic Medical Devices Report
Product Price
$1,295.00

BMI View: T he Czech medica l device market will grow moderately over the forecast period, but register high er growth in US dollar terms due to local currency app reciation. Good economic growth and rising health expenditure will support market expansion. The Czech Republic is heavily reliant on imported medical devices, although domestically manufactured products are of an increasingly good quality and remain competitive in terms of price.

Projected Medical Device Market, 2015-2020
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2015 1,375.7 130.5 35,926.5 3,407.6 26.1
2016 1,480.7 140.4 36,579.9 3,467.9 24.7
2017 1,663.4 157.6 38,005.6 3,600.7 22.8
2018 1,853.2 175.4 39,766.7 3,764.7 21.5
2019 1,931.9 182.8 41,858.7 3,960.2 21.7
2020 2,018.8 190.9 43,740.4 4,136.9 21.7

Latest Updates and Key Forecasts

  • We maintain our forecast that the market will expand by a 2015-2020 CAGR of 4.0% in local currency terms, which will take expenditure to CZK43.7bn in 2020. Market growth in US dollar terms will be higher at a 2015-2020 CAGR of 8.0%, which should see it increase to USD2.0bn in 2020.

  • With the economy well placed to grow at a robust pace in the years ahead and the Czech koruna appreciating against the US dollar, we expect medical device import performance to improve in US dollar terms in 2017. In the 12 months to August 2016, imports rose by 4.2% to USD1.1bn.

  • Although the export sector faces headwinds in the quarters ahead on the back of the UK's decision to leave the EU, we forecast growth in the Czech Republic's external sector to remain steady and export oriented manufacturers to benefit from stronger demand in 2017. In the 12 months to August 2016, exports rose by 8.9% to USD1.2 bn.

  • We forecast health expenditure to increase by a 2015-2020 CAGR of 4.7% in local currency terms and by 8.7% in US dollar terms, from CZK312.5bn (USD12.0bn) in 2015 to CZK394.0bn (USD18.2bn) in 2020, which will support market growth. Over our extended 10-year forecast period, we project that health expenditure will increase by a local currency CAGR of 5.2% and a US dollar CAGR of 7.2%, reaching CZK520.7bn (USD24.0bn) in 2025.

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)
14
Consumables Market Forecast
19
Latest Updates
19
Structural Trends
19
Bandages & Dressings
20
Suturing Materials
20
Syringes, Needles & Catheters
20
Other Consumables
20
Table: Consumables Market, 2009-2019 (USDmn)
22
Table: Consumables Market, 2010-2019 (USDmn % Change)
23
Diagnostic Imaging Market Forecast
25
Latest Updates
25
Structural Trends
25
Electrodiagnostic Apparatus
25
Radiation Apparatus
26
Imaging Parts & Accessories
26
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
27
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
28
Dental Products Market Forecast
30
Latest Updates
30
Structural Trends
30
Capital Equipment
30
Instruments & Supplies
31
Table: Dental Products Market, 2009-2019 (USDmn)
32
Table: Dental Products Market, 2010-2019 (USDmn % Change)
32
Orthopaedics & Prosthetics Market Forecast
34
Latest Updates
34
Structural Trends
34
Fixation Devices
35
Artificial Joints
35
Other Artificial Body Parts
35
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
36
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
36
Patient Aids Market Forecast
38
Latest Updates
38
Structural Trends
38
Portable Aids
38
Therapeutic Appliances
39
Table: Patient Aids Market, 2009-2019 (USDmn)
40
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
41
Other Medical Devices Market Forecast
43
Latest Updates
43
Structural Trends
43
Table: Other Medical Devices Market, 2009-2019 (USDmn)
44
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
45
Annual Medical Device Imports
47
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
50
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
51
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
53
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
54
Table: Detailed Medical Device Import Trends By Product Area, 2014
57
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
60
Monthly Medical Device Imports
65
Table: Monthly Medical Device Imports By Product Area, Year Ending February 2016 (USDmn)
65
Annual Medical Device Exports
66
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
70
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
71
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
73
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
74
Table: Detailed Medical Device Export Trends By Product Area, 2014
78
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
81
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
85
Monthly Medical Device Exports
89
Table: Monthly Medical Device Exports By Product Area, Year Ending February 2016 (USDmn)
89
Industry Risk/Reward Index
90
Table: CEE Medical Device Risk/Reward Index, Q316
91
Market Overview
92
Medical Device Market Overview
92
Table: Medical Device Market, Key Ratios, 2015
92
Table: Medical Device Market By Product Area, 2015
93
Healthcare Overview
93
Health Status
93
Healthcare System
95
Healthcare Funding
96
Healthcare Resources
97
Table: Diagnostic Imaging Technology By Type, 2006-2013 (Units)
98
Table: Diagnostic Imaging Technology By Type, 2006-2013 (Per Mn Population)
99
Healthcare Activity
101
Healthcare Personnel
101
Key Healthcare Data
102
Table: Key Healthcare Data, 2010-2015
102
Industry Trends And Developments
104
Regulatory Development
108
Medical Device Regulations
108
Competent Authority
108
Notified Bodies
108
Table: Notified Bodies In The Czech Republic
108
Regulations
109
EU Medical Device Regulations
110
Designated Authorities
110
Existing Regulations
110
Proposed Regulatory Changes
111
Medical Device Pricing & Reimbursement
114
Competitive Landscape
115
Domestic Medical Device Production
115
Table: Medical Device Production By Detailed Product Area, 2010-2014 (EURmn)
115
Domestic Medical Device Manufacturing
118
National Medical Device Manufacturers
119
Audy
119
Batist Medical
119
Beznoska
119
Biomag
120
Bioster
120
Borcad cz
121
BTL zdravotnicka technika
121
Cheiron
121
Chirana X-ray
122
Chis
122
Deymed Diagnostic
122
Dina-Hitex
123
Gama Group
123
Kovonax
124
Lasak
124
Life Line Plus
125
Linet
125
Medin
125
Proma Reha
126
Royax
127
RQL
127
Seiva
127
Skala-Medica
128
Special Medical Technology
128
TSE
128
Vulkan Medical
129
Multinational Medical Device Manufacturers
129
Hartmann-Rico
129
Smiths Medical
129
Teleflex
131
Multinational Market Activity
132
B
132
Becton Dickinson
132
Boston Scientific
133
Fresenius Medical Care
133
General Electric
133
Johnson & Johnson
133
Medtronic
134
Philips Healthcare
134
Siemens
134
Smith & Nephew
135
Stryker
135
Medical Device Market Access
136
Market Environment
136
Distribution
136
Purchasing
136
Trade Association
136
Trade Shows
137
Methodology
138
Forecast Methodology
138
Trade Code Classifications
139
Table: Rearranged HS Trade Codes
140
Risk/Reward Index Methodology
143
Table: Medical Devices Risk/Reward Index Indicators
144
Sources
146
Contact
147

The Czech Republic 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 Czech Republic provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Czech Republic Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Czech Republic, 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 Czech Republic.
  • Target Business Opportunities in the Czech Republic Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Czech Republic.
  • 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.