Pakistan 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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Pakistan Medical Devices Report
Product Price
$1,295.00

BMI View: The Pakistan medical device market is small for a country of its size. We expect the market to register very low growth of 1.7% in US dollar terms in 2016, compared with an increase of 3.7% in local currency terms, due to the depreciation of the Pakistani rupee against the US dollar. Domestic production is limited primarily to steel surgical instruments and the majority of the market is supplied by imports.

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 356.8 1.9 36,054.9 194.8 101.0
2015 363.1 1.9 37,395.5 198.8 103.0
2016 369.1 1.9 38,786.6 202.9 105.1
2017 373.4 1.9 40,416.2 208.1 108.2
2018 380.8 1.9 42,455.4 215.2 111.5
2019 392.2 2.0 45,033.1 224.8 114.8

Latest Updates and Key Forecasts

  • We forecast that the market will register a 2014-2019 CAGR of 4.5% in local currency terms, which is lower than the 2009-2014 CAGR of 10.2%. In US dollar terms, the 2014-2019 CAGR will be lower at 1.9%, due to the projected depreciation of the Pakistani rupee over the forecast period. We expect the market to increase from USD356.8mn in 2014 to USD392.2mn in 2019.

  • Despite the slight weakness in the Pakistani rupee, we expect medical device import growth to strengthen in US dollar terms, due to the strong economic performance that we foresee for 2016. In the 12 months to December 2015, imports rose by 10.3% to USD383.0mn.

  • We expect exports of other medical devices, composed mainly of steel surgical instruments, to continue to grow in 2016. The performance in US dollar terms will be lower than local currency values due to local currency depreciation. In the 12 months to December 2015, exports fell by 0.05% to USD319.4mn.

  • The impending construction of a number of hospitals in Pakistan will bring opportunities for suppliers of medical devices. The facilities include the Tehsil Headquarters Hospital in Manawan, the King Hammad University of Nursing and Medical Sciences Hospital and a children's hospital in Islamabad, as well as a children's eye hospital in Rawalpindi.

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
Latest Updates
10
Structural Trends
10
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
13
Consumables Market Forecast
17
Latest Updates
17
Structural Trends
17
Bandages & Dressings
17
Suturing Materials
17
Syringes, Needles & Catheters
18
Other Consumables
18
Table: Consumables Market, 2009-2019 (USDmn)
19
Table: Consumables Market, 2010-2019 (USDmn % Change)
20
Diagnostic Imaging Market Forecast
22
Latest Updates
22
Structural Trends
22
Electrodiagnostic Apparatus
22
Radiation Apparatus
22
Imaging Parts & Accessories
23
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
23
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
25
Dental Products Market Forecast
27
Latest Updates
27
Structural Trends
27
Capital Equipment
27
Instruments & Supplies
27
Table: Dental Products Market, 2009-2019 (USDmn)
28
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 (USDmn % Change)
31
Patient Aids Market Forecast
33
Latest Updates
33
Structural Trends
33
Portable Aids
33
Therapeutic Appliances
33
Table: Patient Aids Market, 2009-2019 (USDmn)
34
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
34
Other Medical Devices Market Forecast
36
Latest Updates
36
Structural Trends
36
Table: Other Medical Devices Market, 2009-2019 (USDmn)
37
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
38
Annual Medical Device Imports
39
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
43
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
44
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
46
Table: Detailed Medical Device Imports By Product Area, 2009-2014 (USD000s)
47
Table: Detailed Medical Device Import Trends By Product Area, 2014
50
Table: Detailed Leading Medical Device Suppliers by Product Area, 2014 (USD000s)
53
Monthly Medical Device Imports
57
Table: Monthly Medical Device Imports By Product Area, Year To August 2015 (USDmn)
57
Annual Medical Device Exports
58
Table: Medical Device Exports By Product Area, 2009-2014 (USD000s)
61
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
62
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
63
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
64
Table: Detailed Medical Device Export Trends By Product Area, 2014
67
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
71
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
74
Monthly Medical Device Exports
77
Table: Monthly Medical Device Exports By Product Area, Year To August 2015 (USDmn)
77
Industry Risk/Reward Index
78
Table: APAC Medical Device Risk/Reward Ratings, Q216
79
Market Overview
80
Medical Device Market Overview
80
Table: Medical Device Market, Key Ratios, 2014
80
Table: Medical Device Market By Product Area, 2014
81
Healthcare Overview
81
Health Status
81
Healthcare Funding
85
Healthcare Resources
87
Healthcare Activity
88
Healthcare Personnel
88
Key Healthcare Data
89
Table: Key Healthcare Data, 2010-2015
89
Industry Trends And Developments
91
Industry Trends & Developments
91
Regulatory Development
95
Medical Device Regulations
95
Competent Authority
95
Regulation
95
Competitive Landscape
97
Domestic Medical Device Production
97
National Medical Device Manufacturers
98
Hilbro
98
Dr Frigz International
98
Elmed Instruments
98
Table: Other Leading Surgical & Dental Instruments Manufacturers/Exporters
99
Multinational Medical Device Manufacturers
100
Becton Dickinson
100
BSN Medical
100
Multinational Market Activity
101
Table: Multinational Market Activity, 2016
101
Medical Device Market Access
103
Distribution
103
Trade Association
103
Trade Fair
103
Methodology
105
Forecast Methodology
105
Trade Code Classifications
106
Table: Rearranged HS Trade Codes
107
Risk/Reward Index Methodology
110
Table: Medical Devices Risk/Reward Index Indicators
111
Sources
113
Contact
114

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.