The Medical Device Market: Serbia

The Medical Device Market: Serbia

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Serbia spends over 10% of GDP on healthcare, the highest proportion in Central & Eastern Europe (CEE). However, Serbia is one of the poorest countries in Central & Eastern Europe (CEE), in per capita terms. In 2013, GDP per capita stands at US$6,159, around half that found in Russia. The economy is expected to register real growth of 1.3% in 2013, but is forecast to increase by an average 4.0% per annum between 2014 and 2018. According to the 2013 budget, the government is aiming to reduce the budget deficit from 6.5% of GDP in 2012 to 3.6% in 2013 in order to increase its prospects of rejoining the IMF Stand-By Arrangement. It aims to achieve this through increases in VAT, corporate and income taxes; real reductions in pensions and public sector wages; and cuts in subsidies.

The Serbian government is continuing to reform the healthcare system. In recent years, an extensive programme of renovation has been undertaken, with the help of external financing from international organisations such as the World Bank. In November 2012, it was pointed out that the MoH has received significant funding from the CARDS programme and the IPA since 2000. IPA funds are currently being used to help with the integration of health information systems in healthcare facilities.

Around 90% of the medical device market is supplied by imports. In the 12 months to April 2013, imports decreased by 18.5%, to US$134.0mn. Decreases were seen in all sectors except for dental products, which rose by 1.9%. Consumables, patient aids and other medical devices accounted for the largest decreases, at 26.9%, 24.4% and 17.1%, respectively.

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Related Pages

The Medical Device Market Russia

The Medical Device Market Slovakia

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Table of Contents

Espicom Industry View
Espicom Industry View
SWOT
Medical Device Market
Political
Economic
Business Environment
Industry Forecast
Medical Device Market Forecast
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)
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)
Serbia Medical Devices Report Q1

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$000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, August 2010-August 2013 (US$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)