The Medical Device Market: Belgium

The Medical Device Market: Belgium

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The Belgian market for medical equipment and supplies is valued at US$2.2 billion in 2012, equal to US$207 per capita.

With GDP per capita in the region of US$43,600 in 2013, Belgium is one of the wealthier EU countries and has one of the most open economies in the world. There are, however, marked differences between the three largely autonomous regions of Brussels, Flanders and Wallonia, which between them have a combined population of around 11 million.

Belgium's six-party coalition government under the premiership of Elio Di Rupo has entered its second year. Major differences over the devolution of power to the regional governments and taxation issues hampered the formation of a new government after the general election in June 2010. The wealthier Flemish community has long campaigned for healthcare to be funded separately by the regions on the basis that Flanders is subsidising over-consumption in the francophone community.

The country's federal structure has resulted in a rather complex system of healthcare administration, with no less than six ministers responsible for health matters at either federal, regional or community level, which complicates the development of a coherent healthcare policy. However, faced with a rising social security deficit, the government has gradually strengthened its role in controlling health expenditure.

Healthcare provision is generally good and of high quality, although there is still an over-reliance on hospital services, two thirds of which are provided by the private sector. Efforts are focusing on improving access to care for chronically-ill patients in general, and on improving the level of care for key patient groups by promoting a more co-ordinated approach between GPs and specialists.

Belgium has one of the highest rates of health spending in Western Europe. Previous governments were committed to increasing health expenditure by 4.5% in real terms, although in recent years health budgets have been under spent with funds held in reserve or used to pay off the deficit in other parts of the social security system.

In March 2012, the federal government approved additional cuts in healthcare spending of 61.3 million euros (US%76.6 million), in response to the deteriorating economic situation. The target for real health expenditure growth in future years has been lowered from 4.5% to 2.0%.

The health budget for 2013 has been set up 26.33 billion euros (US$32.9 million), a rise of 3.0% over the revised budget of 25.56 billion euros (US$32.0 million) set for 2012.

Medical device production is comparatively low and imports account for a large percentage of the market. Belgium lies at the heart of the EU and is used as a distribution centre by numerous multinational companies, which re-export to other parts of Europe.

Related Pages

The Medical Device Market Austria

The Medical Device Market Denmark

For more information please click on the link to Espicom's Medical Market Reports


Table of Contents

Espicom Industry View
Espicom Industry View
SWOT
Medical Device Market
Political
Economic
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$mn, % Change)
Diagnostic Imaging Market Forecast
Electrodiagnostic Sector
Radiology Sector
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2008-2018 (US$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)
Belgium Medical Devices Report Q1

Table: Other Medical Devices Market, 2009-2018 (US$mn, % Change)
Annual Medical Device Imports
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$000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports, September 2010-August 2013 (US$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)