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BMI believes that the biggest risk to Denmark's medium-term macroeconomic trajectory stems from ongoing economic and financial developments within the eurozone. Denmark has sizeable trade and investment linkage with the common currency bloc, and a major deterioration in growth in the core countries could push Denmark back into recessionary territory this year. Real GDP growth is forecast at 1.2% in 2013, with GDP reaching US$318.0bn, equal to US$56,668 per capita. Denmark joined the EU in 1973, but has so far declined to adopt the euro as its currency.
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Researchmoz | Medical Device Market: Denmark
1. The Medical Device Market: Denmark
OVERVIEW OF THE MEDICAL MARKET IN DENMARK
BMI believes that the biggest risk to Denmark's medium-term macroeconomic trajectory stems from ongoing
economic and financial developments within the eurozone. Denmark has sizeable trade and investment linkage
with the common currency bloc, and a major deterioration in growth in the core countries could push Denmark
back into recessionary territory this year. Real GDP growth is forecast at 1.2% in 2013, with GDP reaching
US$318.0bn, equal to US$56,668 per capita. Denmark joined the EU in 1973, but has so far declined to adopt
the euro as its currency.
According to the Ministry of Health & Prevention, the Danish regions plan to invest up to DKK41.4bn (US
$7.4bn) in the construction of 16 new public hospitals. By 2012, nine of the 16 new hospitals had received
final approval. These represent opportunities for the domestic industry. In December 2012, for instance,
Philips signed a Memorandum of Understanding (MoU) with the Region of Southern Denmark (Syddanmark).
Under this memorandum, it opened a Research & Design Centre in the Science Park in Odense. The aim is to
develop solutions for the Danish healthcare system.
Leading national medical device manufacturers include Ambu, Coloplast, GN Resound, Guldmann, Novo
Nordisk, Widex and William Demant. Other key national manufacturers, such as B-K Medical, Dameca,
Radiometer and Uno Medical, have been acquired by multinationals in recent years. In February 2013,
Radiometer, now part of the Danaher Corporation, agreed to acquire the Swedish diagnostics company
HemoCue AB from Quest Diagnostics for around US$300.0mn. The transaction is now closed. Both
Radiometer and HemoCue are expected to continue operations as separate companies and brands.
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The Medical Device Market: Denmark
2. table Of Content
espicom Industry View
espicom Industry View
swot
medical Device Market
political
economic
business Environment
industry Forecast
medical Device Market Forecast
past Performance 2008-2013
future Performance 2013-2018
table: Projected Medical Device Market, 2013-2018
table: Detailed Medical Device Market By Product Area, 2008-2018 (us$mn)
table: Detailed Medical Device Market By Product Area, 2008-2018 (us$ Per Capita)
table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total)
table: Detailed Medical Device Market By Product Area, 2009-2018 (us$mn, % Change)
consumables Market Forecast
table: Consumables Market, 2008-2018 (us$mn)
table: Consumables Market, 2008-2018 (us$ Per Capita)
table: Consumables Market, 2009-2018 (us$mn % Change)
diagnostic Imaging Market Forecast
table: Diagnostic Imaging Market, 2008-2018 (us$mn)
table: Diagnostic Imaging Market, 2008-2018 (us$ Per Capita)
table: Diagnostic Imaging Market, 2009-2018 (us$mn % Change)
dental Products Market Forecast
table: Dental Products Market, 2008-2018 (us$mn)
table: Dental Products Market, 2008-2018 (us$ Per Capita)
table: Dental Products Market, 2009-2018 (us$mn % Change)
orthopaedics & Prosthetics Market Forecast
table: Orthopaedics & Prosthetics Market, 2008-2018 (us$mn)
table: Orthopaedics & Prosthetics Market, 2008-2018 (us$ Per Capita)
table: Orthopaedics & Prosthetics Market, 2009-2018 (us$mn % Change)
patient Aids Market Forecast
table: Patient Aids Market, 2008-2018 (us$mn)
table: Patient Aids Market, 2008-2018 (us$ Per Capita)
table: Patient Aids Market, 2009-2018 (us$mn % Change)
other Medical Devices Market Forecast
table: Other Medical Devices Market, 2008-2018 (us$mn)
table: Other Medical Devices Market, 2008-2018 (us$ Per Capita)
table: Other Medical Devices Market, 2009-2018 (us$mn % Change)
The Medical Device Market: Denmark
3. annual Medical Device Imports
denmark Medical Devices Report Q4 2013
table: Medical Device Imports By Product Area, 2008-2012 (us$000s)
table: Medical Device Imports By Product Area, 2008-2012 (us$000s, % Change)
table: Medical Device Imports By Product Area, 2008-2012 (local Currency 000s)
table: Medical Device Imports By Product Area, 2008-2012 (local Currency 000s, % Change)
table: Medical Device Imports By Product Area, 2008-2012 (% Distribution)
table: Leading Medical Device Suppliers By Product Area, 2012 (us$000s)
table: Leading Medical Device Suppliers By Product Area, 2012 (% Distribution)
table: Top 20 Medical Device Suppliers, 2012 (us$000s)
table: Detailed Medical Device Imports By Product Area, 2008-2012 (us$000s)
table: Detailed Medical Device Import Trends By Product Area, 2012
table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (us$000s)
monthly Medical Device Imports
table: Monthly Medical Device Imports By Product Area, June 2010-may 2013 (us$mn)
annual Medical Device Exports
table: Medical Device Exports By Product Area, 2008-2012 (us$000s)
table: Medical Device Exports By Product Area, 2008-2012 (us$000s, % Change)
table: Medical Device Exports By Product Area, 2008-2012 (local Currency 000s)
table: Medical Device Exports By Product Area, 2008-2012 (local Currency 000s, % Change)
table: Medical Device Exports By Product Area, 2008-2012 (% Distribution)
table: Leading Medical Device Destinations By Product Area, 2012 (us$000s)
table: Leading Medical Device Destinations By Product Area, 2012 (% Distribution)
table: Top 20 Medical Device Destinations, 2012 (us$000s)
table: Detailed Medical Device Exports By Product Area, 2008-2012 (us$000s)
table: Detailed Medical Device Export Trends By Product Area, 2012
table: Detailed Leading Medical Device Destinations By Product Area, 2012 (us$000s)
table: Detailed Medical Device Balance Of Trade, 2008-2012 (us$000s)
monthly Medical Device Exports
table: Monthly Medical Device Exports By Product Area, June 2010-may 2013 (us$mn)
macroeconomic Forecasts
economic Analysis
table: Denmark - Economic Activity
industry Risk Reward Ratings
industry Risk Reward Ratings
table: Espicom Analysis Of The Medical Device Market, 2013
market Overview
medical Device Market Overview
overview
table: Medical Device Market, Key Ratios, 2013
the Market In 2013
table: Medical Device Market By Product Area, 2013
healthcare Overview
The Medical Device Market: Denmark
4. healthcare System
cross-border Healthcare Directive
financing
government Hospital Investments
health Insurance
denmark Medical Devices Report Q4 2013
health Expenditure
medical Technology
table: Diagnostic Imaging Technology By Type, 2005-2011
key Data
table: Key Data, 2008-2013
industry Trends And Developments
industry Trends And Developments
table: Medical Device Production By Product Area, 2008-2012 (eurmn)
regulatory Development
medical Device Regulations
competent Authority
notified Body
national Legislation
competitive Landscape
domestic Medical Device Production
production Reported By Eurostat
table: Medical Device Production By Product Area, 2008-2012 (eurmn)
table: Detailed Medical Device Production By Product Area, 2008-2012 (eurmn)
table: Detailed Medical Device Production By Product Area, 2008-2012 (us$mn)
table: Detailed Medical Device Production By Product Area, 2008-2012 (% Distribution)
production Reported By Statbank Denmark
table: Medical Instruments Turnover, 2000-2011
table: Medical & Surgical Equipment, Turnover, 1993-2008
domestic Medical Device Manufacturing
national Medical Device Manufacturers
ambu
table: Ambu's Financial Indicators, 2007/2008-2011/2012 (dkkmn)
coloplast
table: Coloplast's Revenue By Segment, 2007/2008-2011/2012 (dkkmn)
gn Resound
table: Gn Store Nord's Financial Indicators, 2008-2012 (dkkmn)
guldmann
novo Nordisk
table: Novo Nordisk's Sales By Product/business Area, 2008-2012 (dkkmn)
widex
william Demant
table: William Demant's Financial Indicators, 2008-2012 (dkkmn)
The Medical Device Market: Denmark
5. multinational Medical Device Manufacturers
analogic Corporation
angiotec
convatec
danaher Corporation
ge Healthcare
denmark Medical Devices Report Q4 2013
philips
multinational Market Activity
table: Multinational Market Activity, 2013
medical Device Market Access
trade Association
table: Members Of Medicoindustrien, 2012
trade Fairs
methodology
methodology
table: Used Hs Trade Codes, 2013
table: Rearranged Hs Trade Codes, 2013
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The Medical Device Market: Denmark