Research and Markets: The Medical Device Market in Denmark is Estimated to be US$2,161 Million by the End of 2009

* Reuters is not responsible for the content in this press release.

Thu Jul 30, 2009 3:00am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/c3dde7/the_medical_device) has
announced the addition of the "The Medical Device Market: Denmark" report to
their offering. 

The size of the Danish medical device market is estimated to be US$2,161 million
in 2009, equal to US$394 per capita. The market is expected to expand by 11.6%
over the next few years to reach US$3,738 million by 2014, equal to US$671 per
capita. 

Denmark has a stable political system and a stable economy. However, Denmark is
likely to be affected by the global economic downturn, with GDP real growth
expected to fall to -3.5% in 2009, according to figures from the Economist
Intelligence Unit, and gradually rising to reach a real growth of 2.0% in 2014. 

Healthcare expenditure has continued its steady growth in the past few years,
increasing by 7.1% to reach DKK118.3 billion (US$21.7 billion) in 2007, with
private expenditure accounting for around 16% of the total. 

There are many domestic medical device manufacturers, some of whom have a global
presence. This has resulted in a balance of trade surplus for many years. In
2008, this amounted to US$977.1 million. Imports and exports have seen strong
growth over recent years; imports increased by a CAGR of 16.9% in the period
2004 to 2008, while exports increased by a CAGR of 10.7% in the same period.
Many imports are used in the assembly of medical devices, and are then exported.


Denmark's domestic manufacturers are mainly in the fields of diagnostics and
orthopaedic & prosthetic appliances, especially hearing aids. There has been a
sharp rise in the amount of X-ray apparatus production recently, with a large
increase in the production of X-ray tubes, in particular, in 2007, when they
were valued at DKK8.7 billion (US$1.6 billion). 

This in-depth medical device market reports are 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, organization &
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:

1. Executive Summary 

2. Introduction 

3. Current Market Size 

4. Market Projections & Outlook 

5. Imports 

6. Domestic Manufacturing 

7. Multinational Manufacturing 

8. Exports 

9. Distribution 

10. Medical Device Regulations 

11. Demographics 

12. Healthcare System 

13. Health Expenditure 

14. Healthcare Infrastructure 

15. Healthcare Personnel 

16. Directory 

17. Methodology & Sources 

97. Appendix: Healthcare Statistics 

98. Appendix: Distributors 

Companies Mentioned:

* Ambu International 
* B-K Medical A/S 
* Coloplast 
* Dameca a/s 
* Danica Biomedical / GE Medical Systems 
* GN ReSound 
* V Guldmann A/S 
* Novo Nordisk 
* Oticon / William Demant 
* Radiometer 
* Unomedical 
* Widex

For more information visit
http://www.researchandmarkets.com/research/c3dde7/the_medical_device

Source: Espicom Business Intelligence Ltd 





Research and Markets
Laura Wood
Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com


Copyright Business Wire 2009

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