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Trend for More Medical Device Foreign Companies to Set Up In Portugal to Undertake Direct Control of Product Distribution.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c72187) has announced the addition of Espicom Business Intelligence's new report The Medical Device Market: Portugal to their offering.

Our in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

Content Outline:

1.Executive Summary

2.Medical Device Market

3.Key National Data Projections

4.Geography

5.Political Overview

6.Economic Overview

7.Population

8.Demographic Indicators

9.Mortality

10.Morbidity morbidity /mor·bid·i·ty/ (mor-bid´it-e)
1. a diseased condition or state.

2. the incidence or prevalence of a disease or of all diseases in a population.


mor·bid·i·ty
n.
 

11.Organisation & Administration

12.Health Expenditure

13.Hospital Services

14.Ambulatory Care ambulatory care
n.
Medical care provided to outpatients.


ambulatory care,
n the health services provided on an outpatient basis to those who can visit a health care facility and return home the same day.
 

15.Medical Personnel

16.Regulatory Environment

17.Trade Fairs

18.Distributors

19.Medical Device Imports

20.Domestic Production

21.Directory

Portugal remains one of the least developed countries within Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
. Despite the implementation of restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  programmes, inefficiency within the healthcare sector remains a key concern for the government. Portugal's GDP GDP (guanosine diphosphate): see guanine.  per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals.  is the lowest in the EU-15 at around US$20,600 in 2007. Reform under the new government is set to concentrate on opening the health service to increased private investment and markedly reducing public expenditure.

Public hospitals are the principal end-users of medical equipment in Portugal, accounting for more than three quarters of the total market. Public sector procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  is very centralised Adj. 1. centralised - drawn toward a center or brought under the control of a central authority; "centralized control of emergency relief efforts"; "centralized government"
centralized
. Consumables and supplies, including surgical requirements such as sutures and pacemakers Pacemakers Definition

A pacemaker is a surgically-implanted electronic device that regulates a slow or erratic heartbeat.
Purpose

Pacemakers are implanted to regulate irregular contractions of the heart (arrhythmia).
, are purchased on a twice-yearly basis (April and October) by a central purchasing board acting on behalf of all public hospitals. This practice inevitably leads to very competitive pricing to obtain large orders. The Directorate General for Hospital Construction issues tenders for equipment required in new hospitals. Public hospitals tend to be relatively slow payers, taking an average of eight to nine months to settle bills. Hospitals in the private sector normally use the direct sales method and payment delays rarely occur. The appointment of a local agent for the Portuguese market is essential.

The majority of medical equipment sales are made by specialised Adj. 1. specialised - developed or designed for a special activity or function; "a specialized tool"
specialized

specific - (sometimes followed by `to') applying to or characterized by or distinguishing something particular or special or unique; "rules with
 importers and distributors. However, there has been a trend for more foreign companies to set up in Portugal to undertake direct control of product distribution.

For more information visit http://www.researchandmarkets.com/reports/c72187
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Publication:Business Wire
Date:Oct 23, 2007
Words:452
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