Research and Markets: The Medical Device Market Report of New Zealand Available for Review

http://www.businesswire.com/news/home/20091103005721/en

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/4769c4/the_medical_device) has
announced the addition of the "The Medical Device Market: New Zealand" report to
their offering.

New Zealand has a well-developed health infrastructure, with by and large high
standard facilities. This report is ideal for executives wanting to understand
the key drivers in the medical market and have access to a wealth of statistical
data, including five-year market projections. In addition to the report are 3
free quarterly updated outlook reports, enabling you to keep up to date with
market developments for a year.

New Zealand represents a small but highly developed market for medical
equipment. The country has a well-developed health infrastructure, and
facilities are of a generally high standard. Since the early 1980s, the
healthcare system in New Zealand has been the target of numerous economic
reforms. Historically, healthcare provision has been almost entirely public, but
radical changes implemented by the National Party government in 1993 introduced
elements of competition and private enterprise into the healthcare sector, with
limited success.

Executive Summary:

With a population of just over four million, New Zealand is a small but highly
developed medical equipment market in the South Pacific. Much of the population
is concentrated in the major urban areas of Auckland, Christchurch and the
capital, Wellington.

There is very little domestic production of medical equipment. The one major
player, Fisher & Paykel, operates in a few niche areas and anyway tends to
concentrate on export markets. The domestic market is heavily reliant on
imports, therefore. The USA and Australia are the major sources of imports.

The healthcare sector is funded largely by the government, which is responsible
for around 78% of expenditure. Healthcare provision, however, is much more
evenly split between the public and private sectors.

The past 20 years has seen a series of reforms aimed at improving efficiency.
Market-inspired reforms of the hospital sector in the 1990s did not lead to any
widely-perceived improvements, but did create a major debt problem for the
public sector. The 1999-2008 government reversed much of these reforms through
the creation of District Health Boards, but the debts have remained. The
re-election of a National government in 2008 may indicate a renewed focus on
efficiency within the health sector, although major changes in spending levels
are not envisaged.

New Zealand was due to create a merged regulatory system for devices and drugs
in 2007, through the merger of Medsafe with the Australian Therapeutic Goods
Agency. This has been abandoned for the time being, however, due to a lack of
support in the New Zealand parliament.

Key Topics Covered:

Executive Summary
Introduction
Medical Market Analysis
Accessing the Market
Healthcare Analysis
Directory
Trade Code Classifications
Methodology & Sources
List of Tables

Companies Mentioned:

* Allied Medical
* Cooper Medical
* Culpan Distributors
* Downs Distributors
* Ebos Group
* Frontier Medical
* Intermed Medical
* Ivoclar Vivadent
* Jackson Allison Medical & Surgical
* Keyport
* Med-Bio
* Medipak Surgical
* Medtec Products
* Medtel (New Zealand)
* Michev Medical Supplies
* Obex Medical
* Pacific Surgical Supplies
* Whitford

For more information visit
http://www.researchandmarkets.com/research/4769c4/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

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