DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/992405/the_medical_device) has
announced the addition of the "The Medical Device Market: Morocco" report to
their offering.
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.
Situated in the north-west corner of Africa, the Islamic Kingdom of Morocco is
the closest of the African countries to Europe, the northern port of Tangier
forming a gateway to Spain, which lies the other side of the Strait of
Gibraltar.
Morocco has enjoyed nine years of consecutive economic growth since 2000 and the
economy averaged an annual growth rate of 4.7% between 2004 and 2008.
The government has embarked on a major overhaul of the health sector, following
two decades of under-funding and mismanagement. In addition to the modernisation
and upgrading of existing facilities, the Ministry of Health's development
programme includes the provision of three new teaching hospitals in Fez,
Marrakech and Oujda.
Implementation of a long-awaited universal health insurance scheme, which
finally began in 2005, is expected to provide substantial additional funding for
the health sector. Initially aimed at salaried workers, the scheme has been
expanded to cover the self-employed, whilst 2009 will see the extension of a
pilot scheme for those on very low incomes.
In 2009, the health budget is programmed to increase by 20% in part to fund
improved access to health services, particularly in rural areas. Spending on
services and supplies is set to rise by 16.6% following a 72.5% increase in
2008, whilst capital investment will increase by 17.7%.
In September 2008, a revised list of reimbursable medical devices was published.
The new list increases the number of devices reimbursable under the universal
health insurance scheme from 172 to 869.
After a three-year period of stagnation, the medical market registered
significant growth in 2003 and 2004 and is on course to reach US$147 million in
2009. However, per capita medical device spending remains low at less than US$5
and there is considerable potential for further expansion.
The local medical device manufacturing industry remains at an embryonic stage,
leaving most sectors of the market reliant on foreign imports, which totalled
US$124 million in 2007.
Key Topics Covered:
* Executive Summary
* Introduction
* Medical Market Analysis
* Accessing The Market
* Healthcare Analysis
* Directory
* Trade Code Classifications
* Methodology & Sources
For more information visit
http://www.researchandmarkets.com/research/992405/the_medical_device
Source: Espicom Business Intelligence Ltd
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Copyright Business Wire 2009
