BMI View: The Hungarian medical device market will record low single-digit growth over the 2015-2020 forecast period, with the market expanding more slowly in US dollar terms due to local currency depreciation. Hungary will remain heavily reliant on imported medical devices despite a growing domestic industry. The comprehensive public hospital sector and expanding private sector will drive the demand for medical devices.

BMI Industry View ................................ 9

Table: Projected Medical Device Market, 2015-2020  . . . . 9

Latest Updates and Key Forecasts ................................ 9

SWOT .......... 10

Medical Device Market ..... 10

Industry Forecast ............................... 12

Medical Device Market Forecast ................................. 12

Latest Updates ............... 12

Structural Trends ........... 14

Table: Detailed Medical Device Market By Product Area, 2010-2020 (USDmn)    15

Consumables Market Forecast .................................... 19

Latest Updates ............... 19

Structural Trends ........... 21

Bandages & Dressings .... 21

Suturing Materials ......... 22

Syringes, Needles & Catheters ................................... 22

Other Consumables ........ 22

Table: Consumables Market, 2010-2020 (USDmn)  . . . . . 23

Table: Consumables Market, 2011-2020 (USDmn % Change)  . 24

Diagnostic Imaging Market Forecast ........................... 25

Latest Updates ............... 25

Structural Trends ........... 27

Electrodiagnostic Apparatus ..................................... 27

Radiation Apparatus ....... 27

Imaging Parts & Accessories ..................................... 28

Table: Diagnostic Imaging Market, 2010-2020 (USDmn)  . . . . . . 29

Table: Diagnostic Imaging Market, 2011-2020 (USDmn % Change) . . . . . . . . . 30

Dental Products Market Forecast ................................ 31

Latest Updates ............... 31

Structural Trends ........... 33

Capital Equipment ......... 33

Instruments & Supplies ... 33

Table: Dental Products Market, 2010-2020 (USDmn)  . . 34

Table: Dental Products Market, 2011-2020 (USDmn % Change) . . . . . . . . . . . . . 35

Orthopaedics & Prosthetics Market Forecast ................. 36

Latest Updates ............... 36

Structural Trends ........... 38

Fixation Devices ............ 38

Artificial Joints .............. 38

Other Artificial Body Parts ....................................... 38

Table: Orthopaedics & Prosthetics Market, 2010-2020 (USDmn) . . . . . . . . . . . . . 40

Table: Orthopaedics & Prosthetics Market, 2011-2020 (USDmn % Change) . 40

Patient Aids Market Forecast ...................................... 41

Latest Updates ............... 41

Structural Trends ........... 43

Portable Aids ................ 43

Therapeutic Appliances ... 43

Table: Patient Aids Market, 2010-2020 (USDmn)  . . . . . . 44

Table: Patient Aids Market, 2011-2020 (USDmn % Change)  . . . 45

Other Medical Devices Market Forecast ....................... 46

Latest Updates ............... 46

Structural Trends ........... 48

Table: Other Medical Devices Market, 2010-2020 (USDmn)  . . . 49

Table: Other Medical Devices Market, 2011-2020 (USDmn % Change) . . . . . . 50

Annual Medical Device Imports .................................. 51

Table: Medical Device Imports By Product Area, 2011-2015 (USD000s) . . . . . 55

Table: Medical Device Imports By Product Area, 2011-2015 (Local Currency 000s)    . . . 56

Table: Top 20 Medical Device Suppliers, 2015 (USD000s)  . . . . . 58

Table: Detailed Medical Device Imports By Product Area, 2011-2015 (USD000s)    . . . . . . 59

Table: Detailed Medical Device Import Trends By Product Area, 2015 . . . . . . . 62

Table: Detailed Leading Medical Device Suppliers By Product Area, 2015 (USD000s)    . 65

Monthly Medical Device Imports ................................. 69

Table: Monthly Medical Device Imports By Product Area, Year Ending September 2016 (USDmn)   . . . 69

Annual Medical Device Exports .................................. 70

Table: Medical Device Exports By Product Area, 2011-2015 (USD000s) . . . . . 74

Table: Medical Device Exports By Product Area, 2011-2015 (Local Currency 000s)    . . . 75

Table: Top 20 Medical Device Destinations, 2015 (USD000s)  . 77

Table: Detailed Medical Device Exports By Product Area, 2011-2015 (USD000s)    . . . . . . 78

Table: Detailed Medical Device Export Trends By Product Area, 2015 . . . . . . . 81

Table: Detailed Leading Medical Device Destinations By Product Area, 2015 (USD000s)   . . . . . . . . . . . . . 84

Table: Detailed Medical Device Trade Balance, 2011-2015 (USD000s) . . . . . . 88

Monthly Medical Device Exports ................................. 92

Table: Monthly Medical Device Exports By Product Area, Year Ending September 2016 (USDmn)   . . . 92

Industry Risk/Reward Index .............. 93

Table: CEE Medical Device Risk/Reward Index, Q217  . 94

Market Overview ................................ 95

Medical Device Market Overview ................................ 95

Table: Medical Device Market, Key Ratios, 2016  . . . . . . . 95

Table: Medical Device Market By Product Area, 2016  . 96

Healthcare Overview ........ 96

Health Status ................. 96

Healthcare System .......... 98

Private Healthcare Provider ..................................... 99

Healthcare Funding ...... 100

Healthcare Resources ... 101

Table: Diagnostic Imaging Technology By Type, 2006-2013 (Units) . . . . . . . . . 102

Table: Diagnostic Imaging Technology By Type, 2006-2013 (Per Mn Population)    . . . . . 103

Healthcare Activity ....... 104

Healthcare Personnel ... 104

Key Healthcare Data .... 105

Table: Key Healthcare Data, 2011-2016   105

Industry Trends And Developments ..................... 107

Industry Trends & Developments ............................... 107

Regulatory Development ................. 114

Medical Device Regulations ..................................... 114

Competent Authority ..... 114

Notified Bodies ............ 114

Table: Notified Bodies In Hungary   . . . . . . 114

Regulations ................. 115

EU Medical Device Regulations ................................ 116

Designated Authorities .. 116

Existing AIMDD/MDD/IVDMDD Regulations ............ 116

New MDR Regulations .. 117

MEDDEV 2.7.1 Rev 4 ... 118

Regulatory Changes For Notified Bodies ................... 119

Medical Device Pricing & Reimbursement .................. 120

Reimbursement ............ 120

Procurement ............... 120

Competitive Landscape ................... 121

Domestic Medical Device Production ......................... 121

Table: Medical Device Production By Detailed Product Area, 2011-2015 (EURmn)    . . . 121

Domestic Medical Device Manufacturing .................... 124

National Medical Device Manufacturers ..................... 126

Askit .......................... 126

Frytech ...................... 126

GYSGY REHA ............. 126

Innomed ..................... 127

Labtech ...................... 127

Lasram Lasers ............. 127

Medicor Group ............ 128

Meditech .................... 130

Ortetika ...................... 130

Ortobrace ................... 131

Thor Medical Systems ... 131

Multinational Medical Device Manufacturers .............. 132

B. Braun ..................... 132

Becton Dickinson ......... 132

Coloplast .................... 133

GE Healthcare ............ 134

Multinational Market Activity ................................... 135

Boston Scientific .......... 135

Fresenius Medical Care  135

Johnson & Johnson ...... 136

Medtronic ................... 136

Philips HealthTech ....... 136

Siemens Healthineers .... 138

Smith & Nephew .......... 138

Stryker ....................... 138

Medical Device Market Access .................................. 139

Market Environment ..... 139

Distribution ................ 139

Trade Association ........ 139

Trade Show ................. 139

Methodology ..................................... 140

Forecast Methodology .. 140

Trade Code Classifications ..................................... 140

Table: Rearranged HS Trade Codes   . . . . . 141

Risk/Reward Index Methodology .............................. 144

Table: Medical Devices Risk/Reward Index Indicators  145

Sources ...................... 146

Contact ...................... 147