The Medical Device Market: Denmark

The Medical Device Market: Denmark

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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.

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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Unique projected estimates of market size and growth for 33 equipment categories
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Related Pages

The Medical Device Market Belgium

The Medical Device Market Finland

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Table of Contents

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$mn % Change)
Diagnostic Imaging Market Forecast
Electrodiagnostic Sector
Radiation Apparatus Sector
Imaging Parts & Accessories Sector
Table: Diagnostic Imaging Market, 2008-2018 (US$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)
Denmark 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)