keyboard_arrow_up

Austria Medical Device Market Analysis

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.

Purchase a copy of this report @ http://bit.ly/1nHqDF3.

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.

Complete report available @ http://bit.ly/RBt94l.

Table of Contents

Espicom Industry View   7
SWOT     9
Medical Device Market      9
Political     10
Economic    11
Business Environment     12
Industry Forecast     13
Medical Device Market Forecast    13
PastPerformance 2008-2013     13
Future Performance 2013-2018    14
Table: Projected Medical Device Market, 2013-2018     15
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)   16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita)  20
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% of Total)     23
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn, % Change)  27
Consumables Market Forecast    30
Table: Consumables Market, 2008-2018 (US$mn)  31
Table: Consumables Market, 2008-2018 (US$ Per Capita)    32
Table: Consumables Market, 2009-2018 (US$mn % Change)    33
Diagnostic Imaging Market Forecast     35
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)     36
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita)   37
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)     38
Dental Products Market Forecast   40
Table: Dental Products Market, 2008-2018 (US$mn)     41
Table: Dental Products Market, 2008-2018 (US$ Per Capita)  42
Table: Dental Products Market, 2009-2018 (US$mn % Change)     42
Orthopaedics & Prosthetics Market Forecast  44
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)   45
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$ Per Capita)   46
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)      46
Patient Aids Market Forecast     48
Table: Patient Aids Market, 2008-2018 (US$mn)    49
Table: Patient Aids Market, 2008-2018 (US$ Per Capita)   49
Table: Patient Aids Market, 2008-2018 (US$mn % Change)   50
Other Medical Devices Market Forecast    52
Table: Other Medical Devices Market, 2008-2018 (US$mn)   53
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita)  54
Table: Other Medical Devices Market, 2008-2018 (US$mn % Change)      55
Annual Medical Device Imports     57
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)      61
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s, % Change)  62
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)     63
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s, % Change)      64
Table: Medical Device Imports By Product Area, 2008-2012 (% Distribution)      66
Table: Leading Medical Device Suppliers By Product Area, 2012 (US$000s)   68
Table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution)     69
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)    70
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)  71
Table: Detailed Medical Device Import Trends By Product Area, 2012      74
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s)  78
Monthly Medical Device Imports    81
Table: Monthly Medical Device Imports By Product Area, July 2010-July 2013 (US$mn)  81
Annual Medical Device Exports     84
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)      87
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s, % Change)  88
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)     89
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s, % Change)      90
Table: Medical Device Exports By Product Area, 2008-2012 (% Distribution)      91
Table: Leading Medical Device Destinations By Product Area, 2012 (US$000s)      94
Table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution)  95
Table: Top 20 Medical Device Destinations, 2012 (US$000s)    96
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)  97
Table: Detailed Medical Device Export Trends By Product Area, 2012   100
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)     104
Table: Detailed Medical Device Balance Of Trade, 2008-2012 (US$000s)   107
Monthly Medical Device Exports     110
Table: Monthly Medical Device Exports By Product Area, July 2010-July 2013 (US$mn)     110
Macroeconomic Forecasts  113
Economic Analysis   113
Table: Austria - Economic Activity   119
Industry Risk Reward Ratings      120
Table: Espicom Analysis of the Medical Device Market, 2013  120
Market Overview     122
Medical Device Market Overview     122
Overview     122
Table: Medical Device Market, Key Ratios, 2013  123
The Market In 2013     123
Table: Medical Device Market By Product Area, 2013   123
Healthcare Overview     124
Healthcare System      124
Health Insurance   127
Healthcare Reform      127
Austrian Healthcare Structural Plan 2010  129
Health Expenditure     130
Medical Technology     130
Table: Diagnostic Imaging Technology By Type, 2005-2011    131
Table: Key Data, 2008-2013  132
Industry Trends & Developments   135
Table: Healthcare Expenditure, 2010-2011 (EURmn)     136
Regulatory Development  138
Medical Device Regulations     138
Competitive Landscape   139
Domestic Medical Device Production    139
Table: Medical Device Production By Product Area, 2008-2012 (EURmn)   139
Table: Medical Device Production By Product Area, 2008-2012 (US$mn)   143
Table: Medical Device Production By Product Area, 2008-2012 (% Distribution)     146
National Medical Device Manufacturers     150
Multinational Medical Device Manufacturers  152
Multinational Market Activity   154
Table: Multinational Market Activity, 2013  154
Medical Device Market Access     156
Distribution     156
Trade Associations      156
Table: Austromed Members, September 2013  157
Trade Shows    160
Table: Trade Shows, 2014  160
Methodology     161
Table: Used HS Trade Codes, 2013     162
Table: Rearranged HS Trade Codes, 2013    164