Pakistan Medical Devices Report

Published 15 May 2015

  • 121 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Pakistan Medical Devices Report

BMI Industry View: The Pakistan medical device market is small for a country its size. Domestic production is limited primarily to steel surgical instruments and the majority of the market is supplied by im ports. In 2013, BMI estimates that the medical device market wa s worth USD 259.7 mn, or USD 1. 4 per capita. The medical device market is expected to grow at a r easonable rate, with a CAGR of 6.3 % forecast for the 2013-2018 period.

Headline Industry Forecasts

  • The Pakistan medical device market is small, in value terms, for a country its size and its development is affected by ongoing socio-political problems and reoccurring security threats. In US dollar terms, the Pakistan medical device market is projected to expand by a 6.3% CAGR from 2013-2018. This should see it rise from an estimated USD259.7mn in 2013 to USD352.0mn in 2018. By product area, the performance in CAGR terms from 2013-2018 is projected to range from 18.3% for orthopaedics & prosthetics to 3.8% for patient aids.

  • The medical device market is heavily supplied by imports, which account for over 90% of the market. In US dollar terms, imports fell by 13.2% in 2012 to USD250.4mn, compared with USD288.6mn reported for 2011. As with local currency, imports grew each year from 2008-2011. In CAGR terms, imports grew by 4.7% from 2007-2012. By product area, performance in CAGR terms in the 2007-2012 period ranged from 21.0% for orthopaedics & prosthetics to 1.3% for other medical devices.

  • In US dollar terms, exports grew each year in the 2007-2012 period except for 2009 and 2010, when they fell by 8.4% and 3.1% respectively. In 2012, exports rose by 3.5% to reach USD335.9mn. In CAGR terms, exports grew by 3.8% from 2007-2012. By product area, performance ranged from 36.4% for patient aids to -12.2% for consumables.

  • Surgical instruments make up the bulk of a limited domestic manufacturing sector. This takes place in facilities in the Punjab region of Sialkot and equipment is of...

Table of Contents

BMI Industry View
7
SWOT
10
Medical Device Market
10
Political
12
Economic
14
Operational Risk
15
Industry Forecast
17
Medical Device Market Forecast
17
2008-2013 Performance
17
2013-2018 Performance
18
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
23
Suturing Materials
23
Syringes, Needles & Catheters
23
Other Consumables
23
Table: Consumables Market, 2008-2018 (USDmn)
24
Table: Consumables Market, 2009-2018 (USDmn % Change)
25
Diagnostic Imaging Market Forecast
26
Electrodiagnostic Apparatus
26
Radiation Apparatus
27
Imaging Parts & Accessories
27
Table: Diagnostic Imaging Market, 2008-2018 (USDmn)
28
Table: Diagnostic Imaging Market, 2009-2018 (USDmn % Change)
29
Dental Products Market Forecast
30
Capital Equipment
30
Instruments & Supplies
31
Table: Dental Products Market, 2008-2018 (USDmn)
31
Table: Dental Products Market, 2009-2018 (USDmn % Change)
31
Orthopaedics & Prosthetics Market Forecast
33
Fixation Devices
33
Artificial Joints
33
Other Artificial Body Parts
33
Table: Orthopaedics & Prosthetics Market, 2008-2018 (USDmn)
34
Table: Orthopaedics & Prosthetics Market, 2009-2018 (USDmn % Change)
34
Patient Aids Market Forecast
35
Portable Aids
35
Therapeutic Appliances
36
Table: Patient Aids Market, 2008-2018 (USDmn)
36
Table: Patient Aids Market, 2009-2018 (USDmn % Change)
36
Other Medical Devices Market Forecast
37
Table: Other Medical Devices Market, 2008-2018 (USDmn)
38
Table: Other Medical Devices Market, 2009-2018 (USDmn % Change)
39
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2008-2012 (USD000s)
43
Table: Medical Device Imports By Product Area, 2008-2012 (USD 000s, % Change)
44
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
45
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)
46
Table: Top 20 Medical Device Suppliers, 2012 (USD000s)
49
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (USD000s)
50
Table: Detailed Medical Device Import Trends By Product Area, 2012
53
Table: Detailed Leading Medical Device Suppliers by Product Area, 2012 (USD000s)
56
Monthly Medical Device Imports
60
Table: Monthly Medical Device Imports By Product Area, February 2011-December 2013 (USDmn)
60
Annual Medical Device Exports
62
Table: Medical Device Exports By Product Area, 2008-2012 (USD000s)
64
Table: Medical Device Exports By Product Area, 2008-2012 (USD000s, % Change)
65
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
66
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)
67
Table: Top 20 Medical Device Destinations, 2012 (USD000s)
69
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (USD000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2012
73
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (USD000s)
78
Table: Detailed Medical Device Trade Balance, 2008-2012 (USD000s)
81
Monthly Medical Device Exports
84
Table: Monthly Medical Device Exports By Product Area, February 2011-December 2013 (USDmn)
84
Macroeconomic Forecasts
86
Economic Analysis
86
Industry Risk/Reward Index
89
Table: APAC Medical Device Risk/Reward Ratings, Q315
90
Market Overview
91
Medical Device Market Overview
91
Table: Medical Device Market, Key Ratios, 2013
92
Table: Medical Device Market By Product Area, 2013
93
Healthcare Overview
93
Health Status
93
Healthcare Funding
95
Healthcare Resources
96
Healthcare Activity
96
Healthcare Personnel
97
Key Healthcare Data
97
Table: Key Healthcare Data, 2009-2014
97
Industry Trends And Developments
100
Industry Trends & Developments
100
Regulatory Development
104
Medical Device Regulations
104
Competent Authority
104
Regulation
104
Competitive Landscape
106
Domestic Medical Device Production
106
National Medical Device Manufacturers
107
Table: Other Leading Surgical & Dental Instruments Manufacturers/Exporters
107
Multinational Medical Device Manufacturers
108
Multinational Market Activity
109
Table: Multinational Market Activity, 2015
109
Medical Device Market Access
110
Distribution
110
Trade Association
110
Methodology
111
Forecast Methodology
111
Trade Code Classifications
112
Table: Used HS Trade Codes
112
Table: Rearranged HS Trade Codes
114
Risk/Reward Index Methodology
117
Table: Medical Devices Risk/Reward Index Indicators
118
Sources
120
Contact
121

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

Key Benefits

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

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc