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.

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position
×

Sign up to download the Morocco Medical Devices Report

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

You will shortly receive your free executive summary by email.

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 considerable potential for further development if the necessary funding can be secured . The expansion of universal health insurance coverage supported by EU funding , continuing investment in healthcare infrastructure , the developmen t of the private sector and heavy dependence on imports will drive market growth .

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 And Key Forecasts

  • We forecast that the 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.

  • Imports supply approximately 92% of the market and we expect steady growth on the back of continued market expansion. Imports increased by 7.9% y-o-y to USD264.0mn in the 12 months to September 2015. Imports increased at a 2009-2014 USD CAGR of 10.8%.

  • Despite recent weak performance in the small export sector, we expect growth to resume in 2016. In the 12 months to September 2015, exports increased to USD23.0mn, a y-o-y rise of 7.6%. Exports of consumables, the largest product area, grew by 11.0% to USD11.0mm.

  • On December 17 2015, the Ministry of Health published decree No. 3207-15 authorising a downward revision of reference prices for 20 medical devices used primarily in cardiovascular surgery including heart valves, coronary stents, pacemakers and implantable defibrillators, as part of an ongoing revision of medical devices reimbursable under the national health insurance scheme.

BMI Industry View
7
Table: Projected Medical Device Market, 2014-2019
7
Latest Updates And Key Forecasts
7
SWOT
8
Medical Device Market
8
Industry Forecast
10
Medical Device Market Forecast
10
Structural Trends
10
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
12
Consumables Market Forecast
16
Latest Updates
16
Structural Trends
16
Bandages & Dressings
16
Suturing Materials
17
Syringes, Needles & Catheters
17
Other Consumables
17
Table: Consumables Market, 2009-2019 (USDmn)
18
Table: Consumables Market, 2010-2019 (USDmn % Change)
19
Diagnostic Imaging Market Forecast
21
Latest Updates
21
Structural Trends
21
Electrodiagnostic Apparatus
21
Radiation Apparatus
21
Imaging Parts & Accessories
22
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
23
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
24
Dental Products Market Forecast
26
Latest Updates
26
Structural Trends
26
Capital Equipment
26
Instruments & Supplies
26
Table: Dental Products Market, 2009-2019 (USDmn)
27
Table: Dental Products Market, 2010-2019 (USDmn % Change)
28
Orthopaedics & Prosthetics Market Forecast
30
Latest Updates
30
Structural Trends
30
Fixation Devices
30
Artificial Joints
30
Other Artificial Body Parts
31
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
31
Table: Orthopaedics & Prosthetics Market, 2010-2019 (% Change)
31
Patient Aids Market Forecast
33
Latest Updates
33
Structural Trends
33
Portable Aids
33
Therapeutic Appliances
34
Table: Patient Aids Market, 2009-2019 (USDmn)
34
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
35
Other Medical Devices Market Forecast
37
Latest Updates
37
Structural Updates
37
Table: Other Medical Devices Market, 2009-2019 (USDmn)
38
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
39
Annual Medical Device Imports
41
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
45
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
46
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
48
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
49
Table: Detailed Medical Device Import Trends By Product Area, 2014
53
Table: Detailed Leading Medical Device Suppliers By Product Area, USD000s, 2014
56
Monthly Medical Device Imports
60
Table: Monthly Medical Device Imports By Product Area, Year Ending September 2015 (USDmn)
60
Annual Medical Device Exports
61
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
65
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
66
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
68
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
69
Table: Detailed Medical Device Export Trends By Product Area, 2014
72
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
75
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
78
Monthly Medical Device Exports
81
Table: Monthly Medical Device Exports By Product Area, Year Ending September 2015 (USDmn)
81
Industry Risk/Reward Index
82
Table: MEA Medical Device Risk/Reward Index, Q216
83
Market Overview
84
Medical Device Market Overview
84
Table: Medical Device Market, Key Ratios, 2014
84
Table: Medical Device Market By Product Area, 2014
85
Healthcare Overview
86
Health Status
86
Healthcare System
87
Healthcare Funding
89
Healthcare Resources
92
Table: Medical Technology, 2010
93
Healthcare Activity
93
Healthcare Personnel
94
Key Healthcare Data
94
Table: Key Healthcare Data, 2010-2015
94
Industry Trends And Developments
97
Industry Trends & Developments
97
Regulatory Development
104
Medical Device Regulations
104
Medical Device Pricing & Reimbursement
105
Competitive Landscape
106
Domestic Medical Device Production
106
Table: Key Figures For Manufacturers Of Medical Equipment & Supplies, 2003-2005
106
Domestic Medical Device Manufacturing
106
Table: Medical Device Manufacturers
107
Multinational Medical Device Manufacturers
108
Multinational Market Activity
108
Table: Multinational Market Activity, 2016
108
Medical Device Market Access
111
Market Environment
111
Distribution
112
Trade Organisations
112
Table: Association des Professionnels du Materiel Biomedical (APMB) Members, March 2016
112
Trade Shows
115
Methodology
116
Forecast Methodology
116
Trade Code Classifications
117
Table: Rearranged HS Trade Codes
118
Risk/Reward Index Methodology
121
Table: Medical Devices Risk/Reward Index Indicators
122
Sources
124
Contact
125

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.