Research and Markets: France's Medical Devices Market Is Only Likely to See Moderate Growth, Rising From US$8.6 Billion in 2008 To US$11.0 Billion By 2013
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DUBLIN--(Business Wire)-- Research and Markets(http://www.researchandmarkets.com/research/28e294/the_medical_device) has announced the addition of the "The Medical Device Market: France" report to their offering. France is the fifth largest medical device market in the world, ranking behind the USA, Japan, Germany and the UK. The continuing deficit of the national health insurance funds, which finance the majority of health expenditure, has prompted a series of reform programmes for the health sector. The latest has been drawn up by President Nicolas Sarkozy, who took office in May 2007. New measures have recently been taken to control spending on medical devices, similar to those already in force for pharmaceuticals. For this reason, the medical market is only likely to see moderate growth, rising from US$8.6 billion in 2008 to US$11.0 billion by 2013. Prospects for medical equipment manufacturers remain promising as a result of several initiatives intended to allow France to make good its shortfall in some equipment areas, most notably imaging and radiotherapy equipment, as part of a ten billion euro hospital investment programme. A second programme with similar levels of investment is set to run from 2008-2012. The medical manufacturing industry has seen an influx of foreign companies; larger manufacturers are now subsidiaries of multinational groups. The acquisitions process has opened up new distribution channels for foreign-manufactured equipment, increasing the market share of imported products. There has also been a rise in re-export activity. Medical device imports reached US$10.3 billion in 2008, although not all imported products are destined for the domestic market. In recent years, there has been a marked rise in re-exports in certain sectors, most notably pacemakers. This in-depth medical device market report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year. Key Topics Covered: * Executive Summary * Introduction * Current Market Size * Market Projections & Outlook * Imports * Domestic Manufacturing * Multinational Manufacturing * Exports * Distribution * Medical Device Regulations * Demographics * Healthcare System * Health Expenditure * Healthcare Infrastructure * Healthcare Personnel * Directory * Methodology & Sources * Appendix: Healthcare Statistics * Appendix: Distributors For more information visit http://www.researchandmarkets.com/research/28e294/the_medical_device Source: Espicom Business Intelligence Ltd Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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