Iran Medical Devices Market Outlook Market Intelligence Report



Research and Markets (http://www.researchandmarkets.com/reports/c25732) has announced the addition of Iran Medical Devices Market Outlook - Market Intelligence Report to their offering

Medistat Outlook Reports are ideal for executives wanting to understand the key drivers in medical markets worldwide. Each report provides a comprehensive analysis of the market and, importantly, provides 5-year forecasts by technology category, national data projections, outlook and key developments such as regulation, health facilities and government policy. Importantly, the market can be seen in its global context with international market comparisons.

Summary
The Islamic Republic of Iran forms the eastern border of the Middle East and is bordered by Iraq, Turkey, Pakistan, Afghanistan, Armenia, Azerbaijan and Turkmenistan. Iran boasts a population of 68.5 million.

The medical device market appears to have no coherent regulatory framework, and Iranian buyers are very thorough in evaluating products for purchase. It is therefore advised that overseas firms appoint a local agent with knowledge of relevant procedures.

Imports accounted for over 95% of the market in 2003, despite the manufacture of basic consumable items such as syringes, needles & catheters, dental instruments & fittings and orthopaedic appliances. Imports were valued at US$243.4 million, with Germany and the UAE being the leading suppliers. Iran exports very little medical equipment and supplies, although the US$2.6 million shipped in 2003 represented an increase of 66.0% over 2002 and 183.3% over 1999.

In 2005, Iran s medical device market is estimated to be worth US$272 million, comparable in size to Hong Kong. However, the market size per capita is very low, at US$4.


For more information visit http://www.researchandmarkets.com/reports/c25732

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980





Iran Medical Devices Market Outlook Market Intelligence Report