Home / Medical Equipments / The Medical Device Market: Austria

The Medical Device Market: Austria

Published: Jul 2014 | No Of Pages: 152 | Published By: Espicom

Product Synopsis

OVERVIEW OF THE MEDICAL MARKET IN AUSTRIA
 
Although a relatively small market, Austria has a high level of per capita spending on medical devices. The market for medical equipment and supplies is valued at US$2,527mn in 2013, equal to US$299 per capita.
 
Austria is a federal republic, comprising nine constituent federal states: Burgenland, Carinthia, Lower Austria, Salzburg, Styria, Tyrol, Upper Austria, Vienna and Vorarlberg. The supreme federal executive organs are the Federal President and the members of the Federal Government, headed by the Federal Chancellor. The Chancellor is Werner Faymann, the leader of the centre-left Social Democratic Party (SPÖ) which governs in a coalition with the conservative Austrian People's Party (ÖVP). The current President is Heinz Fischer, a former deputy of the SPÖ. The next general elections are scheduled for Autumn 2013 with the SPÖ and the ÖVP expected to form another coalition government.
 
The political situation in Austria remains fairly positive, thanks to the country having survived the global financial crisis and recession in relatively good shape. Indeed, Austria has one of the lowest unemployment rates in Europe, and is not burdened with the gaping fiscal deficit and sluggish growth outlook of many other eurozone states. However, rising support for eurosceptic and far-right political parties remains an omnipresent risk.
 
Austria has a stable, mature economy which is now emerging from the effects of the global economic downturn. GDP is forecast to increase by 0.9% to US$427.2mn in 2013. At US$50,603 in 2013, Austria's GDP per capita rate is one of the highest in the world.
 
Austria has a high level of per capita health spending, which exceeds US$5,000. Public funding accounts for over three-quarters of total healthcare expenditure. After peaking at 11.1% in 2009, health spending has been falling as a percentage of GDP year on year, reaching 10.7% in 2013.
 
In common with many other western European countries, Austria has an advanced healthcare system. There is an eagerness to be at the forefront of technological development; the purchasing of new equipment reflects this.
 
Healthcare provision remains a high government priority in Austria, but with an ageing population, cost containment continues to be of paramount importance.
 
Domestic production of medical devices tends to be small scale and specialist in nature. Many large multinationals have established offices in Austria in order to take advantage of the country's close proximity to the emerging markets of Central and Eastern Europe.
 
The medical market is heavily dependent on imports, which totalled US$1.9bn in 2012.
Espicom Industry View7
SWOT10
Medical Device Market10
Political11
Economic12
Business Environment13
Industry Forecast14
Medical Device Market Forecast14
2008-2013 Performance14
2013-208 Performance16
 
Table: Projected Medical Device Market, 2013-201817
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)18
 
Consumables Market Forecast21
Bandages & Dressings22
Suturing Materials22
Syringes, Needles & Catheters22
Other Consumables22
 
Table: Consumables Market, 2008-2018 (US$mn)23
Table: Consumables Market, 2009-2018 (US$mn % Change)24
 
Diagnostic Imaging Market Forecast25
Electrodiagnostic Apparatus26
Radiation Apparatus26
Imaging Parts & Accessories26
 
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)27
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)28
 
Dental Products Market Forecast29
Capital Equipment30
Instruments & Supplies30
 
Table: Dental Products Market, 2008-2018 (US$mn)30
Table: Dental Products Market, 2009-2018 (US$mn % Change)31
 
Orthopaedics & Prosthetics Market Forecast32
Fixation Devices32
Artificial Joints33
Other Artificial Body Parts33
 
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)33
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)34
 
Patient Aids Market Forecast35
Portable Aids35
Therapeutic Appliances35
 
Table: Patient Aids Market, 2008-2018 (US$mn)36
Table: Patient Aids Market, 2008-2018 (US$mn % Change)36
 
Other Medical Devices Market Forecast37
 
Table: Other Medical Devices Market, 2008-2018 (US$mn)38
Table: Other Medical Devices Market, 2008-2018 (US$mn % Change)39
 
Annual Medical Device Imports40
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)44
 
Table: Medical Device Imports By Product Area, 2009-2013 (US$000s, % Change)45
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s)46
Table: Medical Device Imports By Product Area, 2009-2013 (Local Currency 000s, % Change)47
Table: Top 20 Medical Device Suppliers, 2013 (US$000s)49
Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)50
Table: Detailed Medical Device Import Trends By Product Area, 201353
Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)56
 
Monthly Medical Device Imports59
 
Table: Monthly Medical Device Imports By Product Area, January 2011-December 2013 (US$mn)60
 
Annual Medical Device Exports62
 
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)66
Table: Medical Device Exports By Product Area, 2009-2013 (US$000s, % 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 (US$000s)71
Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)72
Table: Detailed Medical Device Export Trends By Product Area, 201375
Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)78
Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)81
 
Monthly Medical Device Exports85
 
Table: Monthly Medical Device Exports By Product Area, January 2011-December 2013 (US$mn)85
 
Macroeconomic Forecasts88
Economic Analysis88
 
Table: Austria - Economic Activity92
 
Industry Risk Reward Ratings93
 
Table: WE Medical Device Risk/Reward Ratings, Q31494

Market Overview95
Medical Device Market Overview95
 
Table: Medical Device Market, Key Ratios, 201396
Table: Medical Device Market By Product Area, 201396
 
Healthcare Overview97
Health Status97
Healthcare System97
Healthcare Funding103
Healthcare Resources104
 
Table: Diagnostic Imaging Technology By Type, 2005-2011105
 
Healthcare Activity106
Healthcare Personnel106
Key Healthcare Data107
 
Table: Key Healthcare Data, 2008-2013107
 
Industry Trends & Developments110
 
Table: Healthcare Expenditure, 2010-2011 (EURmn)111
 
Regulatory Development114
Medical Device Regulations114
EU Medical Device Regulations114
Designated Authorities114
Existing Regulations114
Proposed Regulatory Changes115
Implications For The Industry118
Competitive Landscape120
Domestic Medical Device Production120
 
Table: Medical Device Production By Product Area, 2008-2012 (EURmn)120
Table: Medical Device Production By Product Area, 2008-2012 (US$mn)124
Table: Medical Device Production By Product Area, 2008-2012 (% Distribution)127
 
National Medical Device Manufacturers131
Multinational Medical Device Manufacturers134
Multinational Market Activity136
 
Table: Multinational Market Activity, 2014136
 
Medical Device Market Access138
Distribution138
Trade Associations138
 
Table: Austromed Members, September 2013139
 
Trade Shows142
 
Table: Trade Shows, 2015142
 
Methodology143
Medical Device Market Methodology143
Trade Code Classifications144
 
Table: Used HS Trade Codes, 2014144
Table: Rearranged HS Trade Codes, 2014146
 
Risk/Reward Ratings Methodology149
 
Table: Medical Devices Risk/Reward Ratings Indicators, 2014150
 
Sources151
Contact152
Choose License Type
 
Contact Information
24/7 Research Support
Phone: +1-855-455-8662
sales@acutemarketreports.com
Get in Touch with us
join us on Facebook
Follow us on Twitter
Follow us on LinkedIn
Add us on Google +