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Research and Markets: The Medical Device Market in Croatia - Government Reforms Have Succeeded in Producing Modest Levels of Economic Growth

Posted : Fri, 27 Nov 2009 11:28:31 GMT
Author : Research and Markets
Category : Press Release
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DUBLIN - (Business Wire) Research and Markets (http://www.researchandmarkets.com/research/b30766/the_medical_device) has announced the addition of the "The Medical Device Market: Croatia" 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.

Once a prosperous part of Yugoslavia, Croatia was ravaged by fighting after declaring independence in 1991. The civil war which broke out between the Croats and the Serbian minority, who were later aided by the Serb dominated Yugoslav army, resulted in the country's economy plunging into chaos and the lucrative tourist trade collapsing. It also destroyed much of the infrastructure in the east of the country and created another problem as thousands of refugees massed, where towns and cities were destroyed.

In the years since the fighting ended, government reforms have succeeded in producing modest levels of economic growth, and international aid has been forthcoming for the repair of the country's battered infrastructure. The healthcare sector was initially targeted as a priority, with reforms of the old Communist system underway alongside the repair of war damage. Hospitals have been renovated and a universal health insurance system is in place and seems to be working effectively. In particular, a greater emphasis has been placed on primary care which had previously been lacking.

Given the lack of domestic production of medical devices in Croatia, the reforms of recent years have been lucrative for overseas suppliers; imports rose strongly after the fighting diminished in 1993, although they have fluctuated since, due to changing requirements under the various development projects the country has undertaken. The general trend will continue to be upward, however, in this stable and relatively wealthy regional market.

Small purchases of medical equipment and supplies are usually made direct by hospitals and local health authorities. For larger items, a competitive tender is issued by the Institute for Health Insurance, which has an advisory panel to assess the requirements of the hospital sector. The appointment of a local distributor will therefore be essential, to navigate the tendering process and reach end-users throughout the country. A few larger companies, such as Astra or Dräger, have established their own local subsidiaries.

Key Topics Covered:

1. Executive Summary

2.Medical Device Market

3.Key National Data Projections

4.Geography

5.Political Overview

6.Economic Overview

7.Population

8.Demographic Indicators

9.Mortality

10.Morbidity

11.Organisation & Administration

12.Health Expenditure

13.Hospital Services

14.Ambulatory Care

15.Medical Personnel

16.Regulatory Environment

17.Trade Fairs

18.Distributors

19.Medical Device Imports

20.Domestic Production

21.Directory

For more information visit http://www.researchandmarkets.com/research/b30766/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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