The Medical Device Market: Hong Kong
 
Report

The Medical Device Market: Hong KongEspicom's 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 . . .

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Espicom's 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, 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. Along with Singapore, Hong Kong ranks as one of Asia's most prosperous economies. The territory acts as a hub for trade throughout the region, and especially as a conduit for trade in and out of the People's Republic of China. With a population of just under seven million, Hong Kong is really a city state, but the high level of wealth means that its healthcare provisions are of the very highest standard.

The SARS epidemic in 2003, though over and contained effectively, negatively affected the economy but the country has since moved forward, strengthening its healthcare surveillance system for any potential future outbreaks such as avian influenza. The country remains one of the most open and competitive markets in the world and has one of the best healthcare systems in the region. Healthcare spending growth is expected to be slower than other countries as Hong Kong is a small, mature market, and in recent years co-payments have been increased to narrow the cost gap between public and private care, in the hope higher prices will also discourage unnecessary usage of healthcare facilities. That said, the country does not have a strong domestic production capability and will continue to rely on imported medical equipment to supply the market.

Report Details:
Publisher:
Espicom
Type:
Management Report - May 2007
Number of pages:
98
First Publication Date:
31/5/2007
 
 
 
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