Boston, MA -- (SBWIRE) -- 09/18/2013 -- OVERVIEW OF THE MEDICAL MARKET IN SERBIA
Serbia spends over 10% of GDP on healthcare, the highest proportion in Central & Eastern Europe (CEE). However, Serbia is one of the poorest countries in Central & Eastern Europe (CEE), in per capita terms. In 2013, GDP per capita stands at US$6,159, around half that found in Russia. The economy is expected to register real growth of 1.3% in 2013, but is forecast to increase by an average 4.0% per annum between 2014 and 2018. According to the 2013 budget, the government is aiming to reduce the budget deficit from 6.5% of GDP in 2012 to 3.6% in 2013 in order to increase its prospects of rejoining the IMF Stand-By Arrangement. It aims to achieve this through increases in VAT, corporate and income taxes; real reductions in pensions and public sector wages; and cuts in subsidies.

View Full Report Details and Table of Contents

The Serbian government is continuing to reform the healthcare system. In recent years, an extensive programme of renovation has been undertaken, with the help of external financing from international organisations such as the World Bank. In November 2012, it was pointed out that the MoH has received significant funding from the CARDS programme and the IPA since 2000. IPA funds are currently being used to help with the integration of health information systems in healthcare facilities.

Around 90% of the medical device market is supplied by imports. In the 12 months to April 2013, imports decreased by 18.5%, to US$134.0mn. Decreases were seen in all sectors except for dental products, which rose by 1.9%. Consumables, patient aids and other medical devices accounted for the largest decreases, at 26.9%, 24.4% and 17.1%, respectively.

PROVIDING STRATEGIC MARKET ANALYSIS EVERY MONTH
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

MAKING YOUR MARKET RESEARCH INVESTMENT WORK WITH POWERFUL ONLINE TOOLS

At no additional cost, all customers get access to Espicom Interactive. This advanced online service is easy-to-use and contains practical and valuable tools which will save you hours of time and effort.

Full text cross file searching with fast response or intuitive "drill down" into the content
Presentation-ready tables and graphics with "one click" output to other packages such as MS Excel and MS PowerPoint

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Medical Devices research reports at Fast Market Research

You may also be interested in these related reports:

- Precision Medical Devices, Inc. - Product Pipeline Analysis
- Varian Medical Systems, Inc. (VAR) - Product Pipeline Analysis, 2013 Update
- SafeStitch Medical, Inc. (SFES) - Product Pipeline Analysis
- Aethlon Medical, Inc. (AEMD) - Product Pipeline Analysis
- BRICS Medical Device Market Reports
- Latin America Medical Device Market Reports
- MediFocus: Medical Devices for the Treatment of Obesity
- Western Europe Medical Device Market Reports
- Beijing Dehaier Medical Technology Co., Ltd. - Product Pipeline Analysis.
- Medical Device Market in Norway - Market Size, Forecasts and Market Players