Morocco Medical Devices Report

Published 10 July 2015

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Morocco Medical Devices Report

BMI Industry View: The Moroccan market remains small, both in overall terms and also in per capita terms, le aving room for further development . With minimal medical device production, focused primarily on con sumables, Mo ro c co remains highly dependent on imports mainly from the EU, and this trend is set to continue during the forecast period.

Headline Industry Forecasts

  • In 2013, the medical device market was estimated at USD235.8mn. Per capita spending at around USD7 remained low, leaving considerable potential for further expansion. The market is forecast to grow at a US dollar 2013-2018 CAGR of 7.0% taking expenditure to USD331.4mn.

  • Medical device imports supply approximately 90% of the market. As the local medical device manufacturing industry remains at an embryonic stage, most sectors of the market rely on imports, which have grown at a 2008-2013 CAGR of 6.3%. Collated monthly import data for the 12 months to December 2014 show that the value of imports climbed to USD260.5mn, marking y-o-y growth of 23.2%.

  • Medical device exports are minimal. Collated monthly data for the 12 months ending December 2014 puts the value of exports at USD24.1mn, a y-o-y increase of 40.3%.

  • Morocco's domestic production capability is focused on consumables and overall output remains low.

Headline Industry Risk/Reward Index

  • Morocco ranks as one of the least attractive markets in the Middle East and Africa (MEA) region for commercialising a medical device, according to BMI's Medical Device Risk/Reward Index (RRI). The country's overall score for Q315 is 43.9 out of 100, up from 40.9 in Q215, ranking it 10 th amongst the 14 key markets covered in the MEA region ahead of Ghana, Kenya and Nigeria.

Headline Healthcare Overview

  • Morocco has a population of around 33.5mn. Between 2009 and 2014, the population grew at a CAGR of 1.4%, with live births exceeding deaths by three to one. The 65 and over age group accounts for just 5.0% of the total population.

BMI Industry View
7
SWOT
9
Medical Device Market
9
Political
11
Economic
13
Operational Risk
14
Industry Forecast
16
Medical Device Market Forecast
16
Table: Projected Medical Device Market, 2013-2018
19
Table: Detailed Medical Device Market By Product Area, 2008-2018 (USDmn)
20
Consumables Market Forecast
23
Bandages & Dressings
24
Suturing Materials
24
Syringes, Needles & Catheters
24
Other Consumables
25
Table: Consumables Market, 2008-2018 (USDmn)
25
Table: Consumables Market, 2009-2018 (USDmn % Change)
26
Diagnostic Imaging Market Forecast
27
Electrodiagnostic Apparatus
28
Radiation Apparatus
28
Imaging Parts & Accessories
28
Table: Diagnostic Imaging Market, 2008-2018 (USDmn)
29
Table: Diagnostic Imaging Market, 2009-2018 (USDmn % Change)
30
Dental Products Market Forecast
31
Capital Equipment
32
Instruments & Supplies
32
Table: Dental Products Market, 2008-2018 (USDmn)
32
Table: Dental Products Market, 2009-2018 (USDmn % Change)
33
Orthopaedics & Prosthetics Market Forecast
34
Fixation Devices
34
Artificial Joints
35
Other Artificial Body Parts
35
Table: Orthopaedics & Prosthetics Market, 2008-2018 (USDmn)
35
Table: Orthopaedics & Prosthetics Market, 2009-2018 (% Change)
36
Patient Aids Market Forecast
37
Portable Aids
37
Therapeutic Appliances
37
Table: Patient Aids Market, 2008-2018 (USDmn)
37
Table: Patient Aids Market, 2009-2018 (USDmn % Change)
38
Other Medical Devices Market Forecast
39
Table: Other Medical Devices Market, 2008-2018 (USDmn)
40
Table: Other Medical Devices Market, 2009-2018 (USDmn % Change)
41
Annual Medical Device Imports
43
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s)
46
Table: Medical Device Imports By Product Area, 2009-2013 (USD000s % Change)
47
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)
48
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s % Change)
49
Table: Top 20 Medical Device Suppliers, 2013 (USD000s)
51
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (USD000s)
52
Table: Detailed Medical Device Import Trends By Product Area, 2013
55
Table: Detailed Leading Medical Device Suppliers By Product Area, USD000s, 2013
58
Monthly Medical Device Imports
61
Table: Monthly Medical Device Imports By Product Area, December 2011-December 2014 (USDmn)
61
Annual Medical Device Exports
63
Table: Medical Device Exports By Product Area, 2009-2013 (USD000s)
66
Table: Medical Devices Exports By Product Area, 2009-2013 (USD000s, % Change)
67
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s)
68
Table: Medical Device Exports By Product Area, 2009-2013 (Local Currency 000s, % Change)
69
Table: Top 20 Medical Device Destinations, 2013 (USD000s)
71
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (USD000s)
72
Table: Detailed Medical Device Export Trends By Product Area, 2013
75
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (USD000s)
78
Table: Detailed Medical Device Trade Balance, 2009-2013 (USD000s)
81
Monthly Medical Device Exports
84
Table: Monthly Medical Device Exports By Product Area, December 2011-December 2014 (USDmn)
85
Macroeconomic Forecasts
87
Economic Analysis
87
Expenditure Breakdown
89
Table: Various Countries, Real GDP Growth, % chg y-o-y
94
Table: Economic Activity (Morocco 2010-2019)
94
Industry Risk/Reward Index
95
Table: MEA Medical Device Risk/Reward Index, Q315
96
Market Overview
97
Medical Device Market Overview
97
Table: Medical Device Market, Key Ratios, 2013
98
Table: Medical Device Market By Product Area, 2013
99
Healthcare Overview
99
Health Status
99
Healthcare System
101
Healthcare Funding
105
Healthcare Resources
108
Table: Medical Technology, 2010
109
Healthcare Activity
109
Healthcare Personnel
110
Key Healthcare Data
110
Table: Key Healthcare Data, 2009-2014
110
Industry Trends And Developments
113
Industry Trends & Developments
113
Regulatory Development
121
Medical Device Regulations
121
Medical Device Pricing & Reimbursement
122
Competitive Landscape
123
Domestic Medical Device Production
123
Table: Key Figures For Manufacturers Of Medical Equipment & Supplies, 2003-2005
123
Domestic Medical Device Manufacturing
123
Table: Medical Device Manufacturers
124
Multinational Medical Device Manufacturers
125
Multinational Market Activity
125
Table: Multinational Market Activity, 2015
125
Medical Device Market Access
126
Market Environment
126
Distribution
127
Trade Organisations
127
Table: Association des Professionnels du Materiel Biomedical (APMB) Members, October 2014
127
Trade Shows
130
Methodology
131
Forecast Methodology
131
Trade Code Classifications
132
Table: Used HS Trade Codes
132
Table: Rearranged HS Trade Codes
134
Risk/Reward Index Methodology
137
Table: Medical Devices Risk/Reward Index Indicators
138
Sources
140
Contact
141

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

Key Benefits

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

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