Morocco 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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Morocco Medical Devices Report
Product Price
$1,295.00

BMI View: The Moroccan market remains small, both in overall terms and also in per capita terms, le aving potential for further development . The expansion of universal health insurance coverage, increasing expenditure on health services and the developmen t of the private sector will drive one of the world's highest medical device market growth rates .

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 283.6 8.5 2,387.1 71.3 8.4
2015 272.1 8.0 2,625.0 77.3 9.6
2016 284.9 8.3 2,820.0 82.0 9.9
2017 322.8 9.3 3,035.0 87.2 9.4
2018 363.2 10.3 3,293.1 93.6 9.1
2019 399.1 11.2 3,555.0 100.0 8.9

Latest Updates & Key Forecasts

  • We forecast that the medical device market will grow at a US dollar CAGR of 7.1% between 2014 and 2019, which will advance the market from USD283.6mn in 2014 to USD399.1mn by 2019, equal to USD11.2 per capita.

  • Medical device imports supply approximately 92% of the market and we expect steady growth on the back of continued market expansion. Imports increased at a 2009-2014 USD CAGR of 10.8%. Imports increased by 18.9% y-o-y to stand at USD272.1mn in the 12 months to June 2015.

  • Medical device exports are low, but increasing rapidly. In the 12 months to June 2015, exports increased to USD28.8mn, a y-o-y rise of 54.3%. Exports of consumables, the largest product area, grew by 40.1% to USD13.0mm.

  • The Moroccan Government is continuing to invest in the health sector and has announced that the health budget will total MAD14.28bn in 2016, an increase of 9.0% over MAD13.1bn in 2015. Areas to be strengthened include human resources and hospital emergency services.

BMI Industry View
7
SWOT
10
Medical Device Market
10
Political
12
Economic
13
Operational Risk
14
Industry Forecast
16
Medical Device Market Forecast
16
Table: Projected Medical Device Market, 2014-2019
17
2009-2014 Performance
18
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
19
Consumables Market Forecast
23
Bandages & Dressings
23
Suturing Materials
24
Syringes, Needles & Catheters
24
Other Consumables
24
Table: Consumables Market, 2009-2019 (USDmn)
25
Table: Consumables Market, 2010-2019 (USDmn % Change)
26
Diagnostic Imaging Market Forecast
28
Electrodiagnostic Apparatus
28
Radiation Apparatus
28
Imaging Parts & Accessories
29
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
30
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
31
Dental Products Market Forecast
33
Capital Equipment
33
Instruments & Supplies
33
Table: Dental Products Market, 2009-2019 (USDmn)
34
Table: Dental Products Market, 2010-2019 (USDmn % Change)
35
Orthopaedics & Prosthetics Market Forecast
37
Fixation Devices
37
Artificial Joints
37
Other Artificial Body Parts
38
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
38
Table: Orthopaedics & Prosthetics Market, 2010-2019 (% Change)
39
Patient Aids Market Forecast
40
Portable Aids
40
Therapeutic Appliances
40
Table: Patient Aids Market, 2009-2019 (USDmn)
41
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
41
Other Medical Devices Market Forecast
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)
51
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s % Change)
52
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
53
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s % Change)
54
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
56
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
57
Table: Detailed Medical Device Import Trends By Product Area, 2014
61
Table: Detailed Leading Medical Device Suppliers By Product Area, USD000s, 2014
64
Monthly Medical Device Imports
68
Table: Monthly Medical Device Imports By Product Area, June 2012-March 2015 (USDmn)
68
Annual Medical Device Exports
70
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
74
Table: Medical Devices Exports By Product Area, 2010-2014 (USD000s, % Change)
75
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
76
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s, % Change)
77
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
79
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
80
Table: Detailed Medical Device Export Trends By Product Area, 2014
83
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
86
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
89
Monthly Medical Device Exports
92
Table: Monthly Medical Device Exports By Product Area, June 2012-March 2015 (USDmn)
92
Macroeconomic Forecasts
94
Economic Analysis
94
GDP By Expenditure
98
Table: Private Consumption Forecasts
100
Table: Government Consumption Forecasts
100
Table: Gross Fixed Capital Formation Forecasts
101
Table: Net Exports Outlook
101
Industry Risk/Reward Index
102
Table: MEA Medical Device Risk/Reward Index, Q415
103
Market Overview
104
Medical Device Market Overview
104
Table: Medical Device Market, Key Ratios, 2014
105
Table: Medical Device Market By Product Area, 2014
106
Healthcare Overview
107
Health Status
107
Healthcare System
109
Healthcare Funding
113
Healthcare Resources
116
Table: Medical Technology, 2010
117
Healthcare Activity
117
Healthcare Personnel
118
Key Healthcare Data
118
Table: Key Healthcare Data, 2009-2014
118
Industry Trends And Developments
121
Industry Trends & Developments
121
Regulatory Development
130
Medical Device Regulations
130
Medical Device Pricing & Reimbursement
131
Competitive Landscape
132
Domestic Medical Device Production
132
Table: Key Figures For Manufacturers Of Medical Equipment & Supplies, 2003-2005
132
Domestic Medical Device Manufacturing
132
Table: Medical Device Manufacturers
133
Multinational Medical Device Manufacturers
134
Multinational Market Activity
134
Table: Multinational Market Activity, 2015
134
Medical Device Market Access
135
Market Environment
135
Distribution
136
Trade Organisations
136
Table: Association des Professionnels du Materiel Biomedical (APMB) Members, October 2014
136
Trade Shows
139
Methodology
140
Forecast Methodology
140
Trade Code Classifications
141
Table: Rearranged HS Trade Codes
142
Risk/Reward Index Methodology
145
Table: Medical Devices Risk/Reward Index Indicators
146
Sources
148
Contact
149

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.