Highly centralised healthcare sector, controlled by the government. One of the smallest medical device markets in the Americas region. Other medical devices, diagnostic imaging and consumables have the highest market shares. Market heavily reliant on medical device imports, particularly from Europe, China and Japan. Lack of advanced medical device manufacturing capacity. Moderate medical device market growth over the forecast period. One of the smallest per capita medical device expenditures in the region.

Smallest medical device market in the MEA region. Second lowest medical device per capita in the MEA region. Market will record double-digit growth over the 2017-2022 period. Other medical devices and diagnostic imaging have the largest market shares. Imports supply almost all of the market. The healthcare sector is considered one of the best in West Africa.

The automotive supercapacitor application has witnessed a high-phase of investment and rese arch to build a sustainable cost-effective electric power source for vehicle on-board application. The technology implementation is currently in the testing and validation phase. Global technology regulatory bodies are trying to develop different set of outlining framework for safe application of the innovative supercapacitor technology in the main stream automotive market. The drivers for supercapacitor technology in the automotive industry are closely related to electrification, advance self-driving technology, and smart connected vehicles, whereas challenges come from the low specific energy density and low-cost benefit ratio.

The thermoelectric materials market is associated with the major companies providing thermoelectric materials to various end users such as automotive, healthcare, industrial, and electrical and electronics, among others. The varied range of market participants provides opportunities to other players willing to bear the high risks involved in the industry. This chapter details the latest strategies and technological developments adopted by the key market players in the thermoelectric materials market. In order to lead the market as well as engage in the process of market growth, a company needs to work in collaboration with the top market leaders, acquire the relatively weaker companies, bring new products and services to the market, and improve the existing products. Some of the key strategies adopted by the key market players are listed in the following figure

The heating equipment market was valued at USD 28,850 million in 2015 and is expected to reach USD 48,583.2 million by 2025, growing at a CAGR of 5.4% from 2016 to 2025. Heating equipment such as heat pumps, boilers, furnaces, and unitary heaters are expected to grow at a high CAGR in the Asia Pacific region. Rapid industrialization coupled with growing demand for upgraded equipment is one of the primary factors contributing to the growth of this market. Increasing demand for energy efficient heating solutions in the residential sector is also projected to drive market demand over the coming years.

Second smallest market in the CEE region. Per capita spending is well below the CEE average. Market will record moderate single-digit CAGR in local currency terms. Consumables and other medical devices have the largest market shares. Most requirements need to be imported; the US and Germany are major partners. Weak and undercapitalised domestic production sector. Relatively strong hospital sector, although the need for modernisation is great. EU negotiations began in December 2015; 12 chapters have been opened to date. 

Small but sophisticated medical device market. Imports supply most of the market. Other medical devices and diagnostic imaging have the largest market shares. High per capita spending in the Middle East Africa region. Double- digit market CAGR driven by the National Health Strategy.

The market is the eighth largest in our Asia Pacific (APAC) region and ranks among the top 30 in the world.  Per capita spending is above average for the APAC region but close to the global average. Other medical devices has the largest market share, while the markets for dental products and orthopaedics & prosthetics remain underdeveloped. The market will see moderate growth in local currency terms and higher growth in US dollar terms due to the appreciatory trend of the MYR. Despite an expanding manufacturing industry, the market remains heavily dependent on imports in most product sectors. Malaysia is a net exporter of medical devices, due to a large trade surplus for rubber based products such as surgical gloves and catheters, and more recently other portable aids. Healthcare expenditure is near evenly split between public and private sector. The private sector is the main purchaser of high-tech equipment.

The medical device testing services include biocompatibility studies, chemistry studies, microbiological & sterility testing, and package validation services. The demand for all these services is expected to rise owing to growing trend of outsourcing in preclinical and clinical phase of R&D by medical device companies.

Third smallest market in the Asia Pacific (APAC) region. Per capita spending is one of the lowest in the world. Market will record double-digit growth over the next five years in local currency terms. Other medical devices and consumables have the largest market shares. The market is heavily reliant on imports. Domestic manufacturing is concentrated in Sialkot and centres mainly around steel surgical instruments and other hand held medical devices. Production is of a high quality but mostly destined for export.