The Medical Device Market: Iran

Published : April 2013
No. of Pages : 64

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The Islamic Republic of Iran forms the eastern border of the Middle East and is bordered by Iraq, Turkey, Pakistan, Afghanistan, Armenia, Azerbaijan and Turkmenistan. Iran had an estimated population of 74.8 million in 2011.

Government investment has resulted in an improved health sector, with modernised services and facilities being built annually. Ownership of hospitals is unevenly split between the public and private/charity sectors, and can be fragmented due to lack of co-ordination between agencies.

A series of Development Plans, spanning consecutive five-year periods from 1990, aimed to rejuvenate Iran’s health sector by raising hospital bed and personnel numbers, building primary healthcare facilities, improving family planning and immunisation rates, focusing on care of the elderly and prevention of non-communicable diseases, reforming the state medical insurance scheme and social welfare systems in addition to attracting foreign investment. However, there is no firm evidence of the success of these measures.

Iran’s medical device market is regulated by the Medical Equipment Department within the Ministry of Health and Medical Education. Regulatory requirements for medical devices are outlined in the Medical Cure and Medical Education Act; they are classified into four categories, depending upon their degree of risk. This classification structure is comparable to the one used in the EU. Post-approval, the General Department for Medical Equipment is charged with market vigilance. That said, Espicom recommends that overseas firms appoint a local agent with knowledge of relevant procedures.

Imports account for an estimated 88.1% of the market, despite the manufacture of basic consumable items such as syringes, needles & catheters, dental instruments & fittings and orthopaedic appliances. Imports were valued at US$785.3 million in 2011. A large proportion of imports (70.4%) were procured from suppliers from the European Union (EU-27), with the Netherlands and Germany being the leading suppliers. Consumables and diagnostic imaging apparatus were the most significant import sectors.

In May 2012, General Director of the Food and Medicine Organisation Saeed Shahmorandi claimed that Iran is self-sufficient in terms of production of disposable medical devices such as syringes, and the government claims that there are 294 domestic manufacturers of medical equipment in operation.

Tense international relations, particularly with the USA, and the internal political situation have affected, and will continue to affect, the market’s attractiveness in terms of foreign direct investment. October 2012 saw a tightening of existing sanctions. While pharmaceuticals and medical devices are supposedly exempt from sanctions, domestic media claim that these sanctions have led to shortages of essential drugs and equipment in the country. Medical device import growth has remained strong, mainly due to the country’s limited production capability. Collated monthly data to full year-ending September 2012 show that imports declined by 18.2% to reach US$632.5 million. This reflects the impact of trade sanctions.

In 2012, Iran’s medical device market is estimated to be worth US$919.5 million; however, the market size per capita is very low, at US$12. The market is projected to grow by a low CAGR of 2.8% in US dollar terms, taking the market to US$1,053 million by 2017. Per capita spending, however, is not expected to rise strongly over the same period.

Table Of Contents

Executive Summary 1
Key Background Data 4
Geographic 4
Political 4
Economic 4
Healthcare 5
Healthcare System 5
Healthcare Expenditure 5
Marke t De velopments 7
GDP Growth Forecast 7
Latest Espicom Market Forecast 7
Medical Device Imports 7
Medical Device Exports 7
Me dical Marke t Analysis 8
Overview 8
The Market in 2012 9
Past Performance 2007-11 10
Future Performance 2012-17 11
The Iranian Market for Consumables 16
The Iranian Market for Diagnostic Imaging 18
The Iranian Market for Dental Products 20
The Iranian Market for Orthopaedic & Prosthetic Products 22
The Iranian Market for Patient Aids 23
The Iranian Market for Other Medical Devices 25
Annual Imports 28
Consumables 29
Diagnostic Imaging Apparatus 29
Dental Products 29
Orthopaedic & Prosthetic Products 29
Patient Aids 29
Monthly Imports 40
Annual Exports 41
Consumables 42
Diagnostic Imaging Apparatus 42
Dental Products 42
Orthopaedic & Prosthetic Products 42
Patient Aids 42
Monthly Exports 53
Domes tic Production 54
Domes tic Manufacturing 55
Local Manufacturers 55
Bandhaye Pezeshki Iran (BPI) 55
Behzisty Coop 55
East Advanced Medical 55
Farafan Eng 55
Soha 55
Supa Medical Devices 56
Foreign Manufacturers 56
Sifra 56
Multinational Activity 57
How to Access the Market 58
Distribution 58
Medical De vice Regulations 59
Methodology & Sources 60
Trade Code Classifications 60
Methodology 62
Sources 63

List of Tables

Espicom Analysis of the Iranian Medical Market, 2013 2
SWOT Analysis of the Iranian Medical Device Market, 2013 3
Key Economic Projections, 2013-18 4
Summary of Key Data, 2006-12 6
Iranian Medical Device Market, Key Ratios, 2012 8
Iranian Medical Device Market by Product Area, 2012 9
Projected Iranian Medical Device Market, 2012-17 11
The Iranian Medical Device Market, 2007-17 (US$ Millions) 13
The Iranian Medical Device Market, 2007-17 (US$ Per Capita) 14
The Iranian Medical Device Market, 2007-17 (% of Total) 15
The Iranian Consumables Market, 2007-17 (US$ Millions) 16
The Iranian Consumables Market, 2007-17 (US$ Per Capita) 16
The Iranian Diagnostic Imaging Market, 2007-17 (US$ Millions) 18
The Iranian Diagnostic Imaging Market, 2007-17 (US$ Per Capita) 18
The Iranian Dental Products Market, 2007-17 (US$ Millions) 20
The Iranian Dental Products Market, 2007-17 (US$ Per Capita) 20
The Iranian Orthopaedic & Prosthetic Products Market, 2007-17 (US$ Millions) 22
The Iranian Orthopaedic & Prosthetic Products Market, 2007-17 (US$ Per Capita) 22
The Iranian Patient Aids Market, 2007-17 (US$ Millions) 23
The Iranian Patient Aids Market, 2007-17 (US$ Per Capita) 24
The Iranian Market for Other Medical Devices, 2007-17 (US$ Millions) 25
The Iranian Market for Other Medical Devices, 2007-17 (US$ Per Capita) 26
Summary of Medical Equipment Imports by Product Area, 2001-11 (US$000s) 30
Summary of Medical Equipment Imports by Product Area, 2002-11 (US$000s % Change) 30
Summary of Medical Equipment Imports by Product Area, 2002-11 (Local Currency 000s) 31
Summary of Medical Equipment Imports by Product Area, 2002-11 (Local Currency % Change) 32
Summary of Medical Equipment Imports by Product Area, 2001-11 (% of Total) 33
Leading Medical Equipment Suppliers by Product Area, 2011 (US$000s) 35
Top 20 Medical Equipment Suppliers to the Iranian Market, 2011 (US$000s) 37
Detailed Imports of Medical Equipment, 2007-11 (US$000s) 38
Detailed Imports of Medical Equipment, 2007-11 (Growth Trends) 39
Detailed Imports of Medical Equipment, Leading Suppliers, 2011 (US$000s) 40
Monthly Imports of Medical Equipment, March 2010-September 2012 (US$ Millions) 41
Summary of Medical Equipment Exports by Product Area, 2007-11 (US$000s) 44
Summary of Medical Equipment Exports by Product Area, 2007-11 (US$000s % Change) 44
Summary of Medical Equipment Exports by Product Area, 2007-11 (Local Currency 000s) 45
Summary of Medical Equipment Exports by Product Area, 2007-11 (Local Currency 000s % Change) 45
Summary of Medical Equipment Exports by Product Area, 2007-11 (% of Total) 46
Leading Medical Equipment Destinations by Product Area, 2011 (US$000s) 47
Top 20 Medical Equipment Destinations for Iranian Exports, 2011 (US$000s) 48
Detailed Exports of Medical Equipment, 2007-11 (US$000s) 48
Detailed Exports of Medical Equipment, 2007-11 (Growth Trends) 50
Detailed Medical Equipment Exports, Leading Destinations, 2011 (US$000s) 51
Balance of Medical Equipment Trade, 2007-11 (US$000s) 52
Monthly Exports of Medical Equipment, March 2010-September 2012 (US$Millions) 53
HS Trade Codes Used in This Report 60
HS Trade Codes, Rearranged 61

List of Charts

Iranian Medical Device Market by Product Area, 2012 (%) 9
Change in the Iranian Medical Device Market, 2007-17 (%) 10
CAGR of the Iranian Medical Device Market by Product Area, 2007-11 (%) 10
Iranian Medical Device Market Projections, 2012-17 12
Projected CAGR of Iranian Medical Device Market by Product Area, 2012-17 (%) 12
The Iranian Market for Consumables, 2007-17 (US$ Millions) 17
The Iranian Market for Consumables, 2007-17 (CAGR) 17
The Iranian Market for Diagnostic Imaging, 2007-17 (US$ Millions) 19
The Iranian Market for Diagnostic Imaging, 2007-17 (CAGR) 19
The Iranian Market for Dental Products, 2007-17 (US$ Millions) 21
The Iranian Market for Dental Products, 2007-17 (CAGR) 21
The Iranian Market for Orthopaedic & Prosthetic Products, 2007-17 (US$ Millions) 22
The Iranian Market for Orthopaedic & Prosthetic Products, 2007-17 (CAGR) 23
The Iranian Market for Patient Aids, 2007-17 (US$ Millions) 24
The Iranian Market for Patient Aids, 2007-17 (CAGR) 25
The Iranian Market for Other Medical Devices, 2007-17 (US$ Millions) 26
The Iranian Market for Other Medical Devices, 2007-17 (CAGR) 27
Medical Equipment Imports, 2001-11 28
Change in Medical Equipment Imports, 2002-11 (%) 29
CAGR of Medical Equipment Imports by Product Area, 2007-11 (%) 32
Medical Equipment Imports by Product Area, 2011 (%) 34
Leading Medical Equipment Suppliers, 2011 (%) 36
Medical Equipment Exports, 2001-11 42
Change in Medical Equipment Exports, 2002-11 (%) 43
CAGR of Medical Equipment Exports by Product Area, 2007-11 (%) 46
Medical Equipment Exports by Product Area, 2011 (%) 47
Leading Medical Equipment Destinations, 2011 (%) 48

The Medical Device Market: Iran

Published By: Espicom Limited

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