The Medical Device Market: Jordan

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Medical Devices:

Espicom Business Intelligence
Management Report February 2007

Espicom’s 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. Lacking the oil & gas reserves of the Gulf States or the Western-backed development of Israel, Jordan is relatively poor. Despite this however, the country has generally sought to foster good links with the West, while remaining a key player on the local political scene.
The country’s economy has performed relatively well in recent years and economic reforms are yielding results in terms of growth and investment, albeit slowly. Accession to the WTO in 2000 has strengthened these reforms and encouraged growth. While it is hard to ascertain to what extent these developments will affect the medical device market in the future, these will be largely positive.
Of greater importance are government and private enterprise commitments to upgrading and modernising Jordan’s healthcare provision. The country has an established reputation in the region for its high standards and services provided. New public and private hospitals have been expanding and upgrading in recent years, providing good opportunities for companies in the provision of medical equipment. Having said that, most of these upgrades have either already been completed, or are due for completion soon. In the absence of any major projects, which is the case at the moment, demand, especially in the public sector, may weaken.

Number of pages - 86

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