New Medical Devices market report from Espicom Business Intelligence: "The Medical Device Market: Hungary"
Boston, MA -- (SBWIRE) -- 04/04/2014 -- In 2010, the government fell out with the IMF over plans to cut the budget deficit through a tax on banks, rather than conventional austerity measures. Further tax increases, which were partly directed at the banks, hindered negotiations with the IMF over a Flexible Credit Line agreement and in January 2013 the IMF refused to issue the loan. However, Hungary raised US$3.25bn in February 2013 in its return to the international bond market.
The National Health Insurance Fund Administration (NHIFA) runs the only health insurance fund in the country. It has branches at county level, to administer contracting and payments to local healthcare providers, but budgets are tightly controlled by central government.
Around 81% of the medical device market is supplied by imports. Most are sourced from the European Union, principally the Netherlands and Germany. There is a sizeable domestic production sector, with Xray apparatus as a particular specialty, but this is largely geared towards export markets.
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Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:
Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom's unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market
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