A sample report on
Portugal Medical
Devices Market
Analysis
Includes Market Size, Market Segmented by Types
and Key Competitors (Data forecasts from 2022 – 2030F) www.insights10.com
This report presents a strategic analysis of the Portugal Medical Devices Market and a forecast for its development in the medium and long term. It provides a comprehensive overview of the market value, dynamics, segmentation, types of clinical diagnostics, point-of-care testing, main players, growth and demand drivers, challenges & future outlook, etc.
This is one of the most comprehensive reports about the Portugal Medical Devices Market, and offers unmatched value, accuracy, and expert insights
Report Scope
Report Attribute
Details
Number of Pages
70-80
Base Year for Estimation
2022
Forecast Period
2023-2030
Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends, Report Coverage
Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement Scenario
Quantitative Units
Revenue in USD Million/Billion (Mn/Bn)
Research Approach
Secondary Research (60%), Primary Research (40%)
Click on the icon to know the detailed methodology
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 3
Table of Content
CONTENT
PG. NO.
1. Medical Devices Overview
12-25
1.1. Overview
1.2. Portugal Overview
1.3. Economic Overview: Portugal
1.4. Medical Devices Market in Portugal
1.5. Medical Devices Market in Portugal
1.6. Healthcare Scenario in Portugal
1.7. Health Insurance Coverage: Portugal
1.8. Budget of the Government for Public Insurance
1.9. Mergers and Acquisitions
2. Market Size and Forecasting
26-30
2.1 Market size and forecasts (Excel and Methodology)
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 4
Table of Content
CONTENT
PG. NO.
2.2. Market Segmentation
2.2.1. Product Type
2.2.2. End User
3. Market Dynamics
31-35
3.1. Market Growth Drivers
3.1.1. Portugal Medical Devices Market Driver 1
3.1.2. Portugal Medical Devices Market Driver 2
3.1.3. Portugal Medical Devices Market Driver 3
3.2. Market Restraints
3.2.1. Portugal Medical Devices Market Restraint 1
3.2.2. Portugal Medical Devices Market Restraint 2
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 5
Table of Content
CONTENT
PG. NO.
3.2.3. Portugal Medical Devices Market Restraint 3
4. Competitive Landscape
36-46
4.1. Major Market Share
4.2. Key Company Profile
4.2.1. SunMed
4.2.1.1. Overview
4.2.1.2. Product Applications & Services
4.2.1.3. Recent Developments
4.2.1.4. Partnerships Ecosystem
4.2.1.5. Financials (Based on Availability)
4.2.2. Werfen
4.2.2.1. Overview
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 6
Table of Content
CONTENT
PG. NO.
4.2.2.2. Product Applications & Services
4.2.2.3. Recent Developments
4.2.2.4. Partnerships Ecosystem
4.2.2.5. Financials (Based on Availability)
4.2.3. B. Braun Medical
4.2.3.1. Overview
4.2.3.2. Product Applications & Services
4.2.3.3. Recent Developments
4.2.3.4. Partnerships Ecosystem
4.2.3.5. Financials (Based on Availability)
4.2.4. Surgicaleuro
4.2.4.1. Overview
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 7
Table of Content
CONTENT
PG. NO.
4.2.4.2. Product Applications & Services
4.2.4.3. Recent Developments
4.2.4.4. Partnerships Ecosystem
4.2.4.5. Financials (Based on Availability)
4.2.5. Abbott
4.2.5.1. Overview
4.2.5.2. Product Applications & Services
4.2.5.3. Recent Developments
4.2.5.4. Partnerships Ecosystem
4.2.5.5. Financials (Based on Availability)
4.2.6. Alcon
4.2.6.1. Overview
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 8
Table of Content
CONTENT
PG. NO.
4.2.6.2. Product Applications & Services
4.2.6.3. Recent Developments
4.2.6.4. Partnerships Ecosystem
4.2.6.5. Financials (Based on Availability)
4.2.7. Cardinal Health
4.2.7.1. Overview
4.2.7.2. Product Applications & Services
4.2.7.3. Recent Developments
4.2.7.4. Partnerships Ecosystem
4.2.7.5. Financials (Based on Availability)
4.2.8. Medtronic
4.2.8.1. Overview
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 9
Table of Content
CONTENT
PG. NO.
4.2.8.2. Product Applications & Services
4.2.8.3. Recent Developments
4.2.8.4. Partnerships Ecosystem
4.2.8.5. Financials (Based on Availability)
4.2.9. Merit Medical
4.2.9.1. Overview
4.2.9.2. Product Applications & Services
4.2.9.3. Recent Developments
4.2.9.4. Partnerships Ecosystem
4.2.9.5. Financials (Based on Availability)
4.2.10. Stryker
4.2.10.1. Overview
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 10
Table of Content
CONTENT
PG. NO.
4.2.10.2. Product Applications & Services
4.2.10.3. Recent Developments
4.2.10.4. Partnerships Ecosystem
4.2.10.5. Financials (Based on Availability)
5. Reimbursement Scenario
47-52
5.1. Reimbursement Regulation
5.2. Reimbursement Process for Diagnosis
5.3. Reimbursement Process for Treatment
6. Methodology & Scope
53-58
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 11
Portugal Medical Devices Market Analysis
1. Medical Devices Overview
1.1 Statistics at a Glance: The Scenario of Medical Devices in the World Scope of Medical Devices
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
2 Mn
7000
report
different kinds of
of the medical devices fall
medical devices are
into generic devices group
▪
In this section you will get an
available in the
understanding of the topic, which includes
global market
the prevalence of the disease, the
application of medical devices, new
technology, and other details related to the
40%
70%
topic
US is the largest
is the revenue share of the
medical device
largest medical device
▪
In order to obtain access to all of the
market with 40% of
equipment manufacturers
information that you are seeking, you will
global MedTech
located in the US
need to purchase the final report
market
▪
Final report will be comprehensive and
$562 Bn
detailed, and it will include data, analysis,
is the revenue forecast for medical devices industry by 2024
trends, and other relevant information
related to the topic or subject matter of
interest
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 13
1.1 Statistics at a Glance: The Scenario of Medical Devices in the World (continued)
Europe
~Revenue to reach
$XX Bn by 2027
North America
~ Market Size of
Asia
$XX Bn
-Fastest CAGR
Africa
~Market Size of
Portugal Market
$XX Bn
~$XX Mn Market
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 14
1.2 Portugal Overview
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪
In this section you will get an
understanding of the demographics of the
country/region, which includes the
1.03 Mn
254 Bn
population, GDP, healthcare expenditure
and other details related to the topic
Is the population of
Is the Gross
Portugal, in 2022
Domestic Product
▪
In order to obtain access to all of the
(GDP) in Portugal in
information that you are seeking, you will
2021
need to purchase the final report
▪
Final report will be comprehensive and
46.2
$2,457
detailed, and it will include data, analysis,
Is the median age
per capita was the
trends, and other relevant information
in Portugal, in 2022
amount of national
related to the topic or subject matter of
health expenditures in
interest
2021
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 15
1.3 Economic Overview: Portugal
Population of Portugal, (2020-2030)
GDP of Portugal, (2020-2030)
XX
XX
XX
XX
2020
2021
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
2020
2021
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
Population Split (2023)
▪
In this section you will get an understanding of the demographics of the country/region, which includes the population, GDP, By Gender
By Age Group
healthcare expenditure and other details related to the topic
▪
In order to obtain access to all of the information that you are 0-14
seeking, you will need to purchase the final report
15-24
Female
Male
▪
Final report will be comprehensive and detailed, and it will 51%
49%
25-54
include data, analysis, trends, and other relevant information 55-64
related to the topic or subject matter of interest
65+
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 16
1.4 Statistics at a Glance: The Scenario of Medical Devices in Portugal Scope of Medical Devices
▪
Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
200
105
analysis that will be presented in the
companies
there are a total of 105 MRI
final report
distributing medical
units in Portugal
devices in Portugal
▪
In this section you will get an
understanding of the topic, which
includes the prevalence of the disease,
the application of medical devices, new
4.05
80%
technology, and other details related to
is the density of
of the medical device
the topic in Portugal
radiotherapy
expenditures in Portugal are
devices per
made by the public sector
▪
In order to obtain access to all of the
1,000,000
information that you are seeking, you
population
will need to purchase the final report
20%
▪
Final report will be comprehensive and
of the medical device expenditures in Portugal are made detailed, and it will include data,
by the private sector
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 17
1.5 Pharmaceutical in Portugal
Portugal Pharmaceutical Market Forecast, 2022-2030 (in $Bn) XX
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
▪
Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report
▪
In this section you will get an understanding of the overall Medical Devices market in Portugal, which includes the market size, current trends and other details related to the topic
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
▪
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 18
1.6 Healthcare Scenario in Portugal
Medical Devices Drug Development Process: The process of developing a Medical Devices drug is complex and involves many stages, from preclinical research to clinical trials to regulatory approval. Here is a simplified diagram of the Medical Devices drug development process: o Preclinical Research: Researchers identify potential drug candidates and test them in the lab o Phase 1 Clinical Trials: Small studies are conducted to test the safety and dosage of the drug in humans o Phase 2 Clinical Trials: Larger studies are conducted to test the effectiveness of the drug in treating Medical Devices o Phase 3 Clinical Trials: Even larger studies are conducted to compare the new drug to standard treatments and evaluate its safety and effectiveness
o Regulatory Approval: The drug is reviewed by regulatory agencies such as the FDA and approved for use in the US market FDA has developed several approaches to making drugs available as quickly as possible, while still ensuring their safety and effectiveness. Here are four of these approaches:
▪
Fast track is a process designed to facilitate the development, and expedite the review of drugs to treat Fast Track
serious conditions and fill an unmet medical need
Breakthrough
▪
A process designed to expedite the development and review of drugs which may demonstrate substantial Therapy
improvement over available therapy
Accelerated
▪
These regulations allowed drugs for serious conditions that filled an unmet medical need to be approved Approval
based on a surrogate endpoint
Priority Review
▪
A Priority Review designation means FDA’s goal is to take action on an application within 6 months Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 19
1.6 Healthcare Scenario: Patient Journey
Presentation
Diagnosis
Treatment
Follow up
Confirmatory Diagnosis
Complete blood count
Prevention and management of
(evaluate number &
crisis:
quality of RBCs, Hb &
• For VOC and Splenic
• Long term follow-up is required for
WBCs)
patients with SCD
Initial Diagnosis
Sequestration: HU, Endari,
Adakveo, Oxbryta
• Annual assessment: CBC and
A suspected diagnosis is
Imaging (confirm bone
• For infections: Antibiotics,
reticulocyte count, iron status, liver
usually made, based on
related changes or
Vaccines
and renal function tests, urinalysis,
physical examination and
respiratory problems)
Prenatal screening/
LDH, vitamin D level and
detailed patient and family
Neonatal screening
Bacterial cultures of
neurocognitive assessment
history
blood, sputum, urine,
• ESOD (End Stage Organ Damage)
stool (detect any
Prevention and management of
evaluation starting from age 7
infection)
complications:
• Yearly Transcranial Doppler test to
determine risk of stroke
Genetic testing (detect
• Stroke: Chronic transfusions, HU
the type of SCD)
sr
PCP, pediatrician, neonatologist,
ed
endocrinologist, cardiologist,
l
PCP, paediatrician,
PCP, pediatrician, medical geneticist,
o
neonatologist,
PCP, pediatrician, medical geneticist,
hematologist, orthopedist, psychologist
cardiologist, hematologist,
haematologist and genetic
hematologist, gynecologist and pathologist
and psychiatrist
endocrinologist, psychologist and
counsellor
psychiatrist
Depending on the organ complications,
Stakeh
the treatment involves different
specialists at different times
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 20
1.7 Health Insurance Coverage: Portugal
% of People by Type of Health Insurance Coverage
Number of People By Health Insurance Coverage
(2021)
Coverage Type
2020
2021
Change %
Uninsured
8.3
Total
327,521
328,074
With health insurance
91.7
Any health plan
299,230
300,887
0.4
Any private plan
217,896
216,366
–0.6
Any private plan
66.0
Employment-based
178,737
178,285
–0.2
Employment-based
54.3
Direct-purchase
10.2
Direct-purchase
33,869
33,555
–0.1
Marketplace
3.5
Marketplace coverage
10,924
11,389
0.1
TRICARE
2.5
TRICARE
9,165
8,299
–0.3
Any public plan
112,925
117,095
1.2
Any public plan
35.7
Medicare
58,541
60,226
0.5
Medicare
18.4
Medicaid
58,778
61,940
0.9
Medicaid
18.9
VA and CHAMPVA
2,967
3,151
0.1
VA and CHAMPVA
1.0
Uninsured
28,291
27,187
–0.4
▪
In 2021, most people (91.7%) had health insurance coverage at some point during 2021 and 8.3 % of people were uninsured for the entire calendar year
▪
More people had private health insurance (66%) than public coverage (35.7%)
▪
Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%), followed by Medicaid (18.9%), Medicare (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%)
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 21
1.8 Budget of Portugal Government for Public Insurance Proposed Budget By Category
Outlays
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2022-31
Medicare
$769
$709
$766
$841
$840
$947
$1,014
$1,085
$1,227
$1,178
$1,325
$1,412
$10,633
In Billions Of Dollars
Medicaid
$458
$521
$571
$582
$616
$645
$674
$698
$734
$768
$801
$837
$6,926
Medicare
3.7%
3.2%
3.3%
3.4%
3.3%
3.6%
3.7%
3.8%
4.1%
3.8%
4.1%
4.2%
3.7%
As % Of GDP
Medicaid
2.2%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.5%
2.5%
2.5%
2.5%
2.4%
▪
National Health Expenditures (NHE) grew 2.7% to $4.3 trillion in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP)
▪
Medicare spending grew 8.4% to $900.8 billion in 2021, or 21% of total NHE
▪
Medicaid spending grew 9.2% to $734.0 billion in 2021, or 17% of total NHE
▪
Private health insurance spending grew 5.8% to $1,211.4 billion in 2021, or 28% of total NHE
▪
Out of pocket spending grew 10.4% to $433.2 billion in 2021, or 10% of total NHE
▪
Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 billion, or 14% of total NHE
▪
Hospital expenditures grew 4.4% to $1,323.9 billion in 2021, slower than the 6.2% growth in 2020
▪
Physician and clinical services expenditures grew 5.6% to $864.6 billion in 2021, slower growth than the 6.6% in 2020
▪
Prescription drug spending increased 7.8% to $378.0 billion in 2021, faster than the 3.7% growth in 2020
▪
Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7%
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 22
1.9 Mergers and Acquisitions
RCM M&A Deal Value Trend ($Bn)
RCM M&A Deal Volume Trend
$16.7
112
107
107
110
89
$11.7
82
$10.5
$7.7
$6.8
$6.0
1H 2020
2H 2020
1H 2021
2H 2021
1H 2022
2H 2022
1H 2020
2H 2020
1H 2021
2H 2021
1H 2022
2H 2022
Buyer Composition: Strategic Vs Financial (2020)
Buyer Type by Deal Size
41%
41%
42%
39%
($Mn)
59%
59%
58%
61%
Strategic Buyers
Financial Buyers
$0- $25
$25-$50
$50-$100
$100+
57% of the total deal volume are done by strategic buyers and the rest 43% are done by financial buyers in 2020 Illustrative A Sample Report on Portugal Medical Devices Market Analysis I Confidential 23
1.9 Mergers and Acquisitions (continued)
Latest Deals In Portugal
Amount /
Company Name
Type
Year
Key Pointers
Duration
▪
Oracle’s acquisition of Cerner is big tech’s latest foray into the healthcare system, promising better outcomes
▪
Oracle acquire Cerner through an all-cash tender offer for $95.00
per share, or approximately $28.3 Bn in equity value
Acquisition
$28.3 Bn
June, 2022
▪
Cerner is a leading provider of digital information systems used within hospitals and health systems to enable medical
Oracle acquisition of
professionals to deliver better healthcare to individual patients Cerner
and communities
▪
GSK has acquire BELLUS for US$14.75 per share of common stock in cash representing an approximate total equity value of US$2.0 billion
▪
BELLUS is a late-stage biopharmaceutical company working to Acquisition
$2 Bn
April 2023
better the lives of patients suffering from persistent cough
▪
Acquisition further strengthens specialty medicines and respiratory pipeline with camlipixant, a highly selective P2X3
GSK acquisition of
antagonist and potential best-in-class treatment for refractory BELLUS Health
chronic cough
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 24
1.9 Mergers and Acquisitions (continued)
Latest Deals In Portugal
Amount /
Company Name
Type
Year
Key Pointers
Duration
Merger
March 2023
Merger
Jan 2023
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 25
Portugal Medical Devices Market Analysis
2. Market Size and Forecasting
2.1 Market size and forecasts (Excel and Methodology) Click on the icon to know the
Portugal Medical Devices Market Forecast, 2022-2030 (in $Bn) methodology and assumption
▪
Please be aware that this sample report
XX
is intended to provide you with a brief
XX
overview of the kind of information and
analysis that will be presented in the
final report
▪
In this section you will get an
understanding of the overall Healthcare
Insurance market in Malaysia, which
includes the market size, current trends
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
and other details related to the topic
2023
2024
2025
2026
2027
2028
2029
2030
▪
In order to obtain access to all of the
Major Markets Patient
2.74
2.82
2.90
2.94
2.98
3.02
3.07
3.12
information that you are seeking, you
(Mn)
will need to purchase the final report
Portugal Patient Size (Bn)
0.51
0.61
0.68
0.69
0.70
0.71
0.72
0.73
▪
Final report will be comprehensive and
detailed, and it will include data,
% of US Patients
18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45%
analysis, trends, and other relevant
Global Market Size (Bn $)
3,620
3,780
3,950
4,128
4,314
4,508
4,711
4,937
information related to the topic or
subject matter of interest
Portugal Market Size (Bn
61
74
84
87
91
95
99
106
$)
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 27
2.2 Snapshot of Medical Devices Market Segmentation
• Orthopedic Devices
• Diabetes Care
• Cardiovascular Devices
• Ophthalmic
• Diagnostic Imaging
Product Type
• Dental
• IVD
• Nephrology
• MIS
• General Surgery
• Wound Management
• Others
• Hospitals and ASCs
• Clinics
End User
• Others
▪
In this section you will get an understanding of the segmentations which will cover the Portugal Medical Devices Market
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report A Sample Report on Portugal Medical Devices Market Analysis I Confidential 28
2.2.1 Market Segmentation: By Product Type
Portugal Medical Devices Market Share, By Product Type (2022)
▪
Orthopedic devices market in Portugal
is a significant component of the overall
General SurgeryOthers
medical devices treatment market
Orthopedic
Nephrology
Devices
▪
It has the maximum market share in
Dental
Portugal medical devices market with
Ophthalmic
approximately xx%
▪
Please be aware that this sample report
Diabetes Care
is intended to provide you with a brief
overview of the kind of information and
Cardiovascular
analysis that will be presented in the
Devices
final report
Wound
▪
In order to obtain access to all of the
Management
information that you are seeking, you
will need to purchase the final report
Diagnostic
▪
Final report will be comprehensive and
MIS
Imaging
detailed, and it will include data,
analysis, trends, and other relevant
IVD
information related to the topic or
subject matter of interest
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 29
2.2.2 Market Segmentation: By End User
Portugal Medical Devices Market Share, By End User (2022)
▪
Hospitals and ASCs market in Portugal
is a significant component of the overall
medical devices market
Others
▪
It has the maximum market share in
Portugal Medical Devices market with
approximately xx%
▪
Please be aware that this sample report
Hospitals and
is intended to provide you with a brief
ASCs
overview of the kind of information and
analysis that will be presented in the
final report
▪
In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪
Final report will be comprehensive and
Clinics
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 30
Portugal Medical Devices Market Analysis
3. Market Dynamics
3.1 Market growth drivers
3.1.1 Reimbursement of medical devices is addressed in Chapter III of Portuguese Decree-Law n.o 97/2015, as revised by Decree-Law n.o 115/20172
▪
When there are public health or demonstrated economic advantages, the Incidence of Medical Devices in Portugal
State can pay the procurement of medical devices to NHS and other public health subsystem recipients, upon request of the maker or his authorized agent
▪
This is driving the demand for medical devices and creating opportunities for growth in the medical devices market
▪
Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be presented in the final report
▪
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
▪
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
2010
2022
2030
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 32
3.1 Market growth drivers (continued)
3.1.2 Portugal National Health Service got the most substantial financing from the State Budget in 2022, totaling $12
Bn, an increase of more than $756 Mn over the previous State Budget Top countries that are leveraging
▪
Portuguese medical sector offers prospects for novel
technology in their fight against Medical
medical devices and diagnostic equipment
Devices
▪
Advanced digital solutions that interact with healthcare and Norway
telemedicine equipment, tele triage, teleconsultation, and Austria
Denmark
telemonitoring systems have potential
Belgium
▪
In order to obtain access to all of the information that you are Spain
Italy
seeking, you will need to purchase the final report
Netherlands
▪
Sweden
Final report will be comprehensive and detailed, and it will Singapore
include data, analysis, trends, and other relevant information Switzerland
related to the topic or subject matter of interest
Israel
Australia
Canada
France
United Kingdom
China
South Korea
Germany
Japan
United States
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 33
3.1 Market growth drivers (continued)
3.1.3 In Portugal in 2021, the retired population has a greater proportion of persons with chronic diseases or long-standing health issues with a ratio of 71.1%
▪
Chronic diseases such as cardiovascular disease, diabetes, Fundings from government and other
respiratory problems, and cancer are becoming more
organizations
common in Portugal
▪
Source
Year
Fund ($)
Medical devices play a crucial role in the diagnosis,
treatment, and management of these conditions
National Medical
▪
Rising prevalence of chronic illnesses boosts demand for Devices Institute
2021
$ 6.4 Bn
medical equipment, fuelling market expansion
(NCI)
▪
Final report will be comprehensive and detailed, and it will Centers for Disease
include data, analysis, trends, and other relevant information Control and
2021
$ 501 Mn
related to the topic or subject matter of interest
Prevention (CDC)
American Medical
Devices Society
2020
$ 150 Mn
(ACS)
Susan G. Komen
2020
$ 98 Mn
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 34
3.2 Market restraints
3.2.1 Portugal's
3.2.2 Regulatory compliance
3.2.3 To control expenses, health
pharmaceutical product
and securing market licenses
insurance companies,
exports accounted for
for medical devices may be a
government healthcare programs,
up to $125 Mn, while
time-consuming and difficult
and hospitals frequently negotiate
imports accounted for
procedure in Portugal
cheaper rates for medical devices
up to $353 Mn, resulting
in a $227 Mn negative
▪
Adhering to the requirements
▪
Pricing pressure can have an
trade deficit
established by the Portuguese
impact on the profitability of
National Authority of Medicines
medical device makers and
▪
Low health expenditure,
and Health Products
discourage investment in R&D
particularly in the public sector, is
(INFARMED) and the European
limiting the expansion of the
▪
Furthermore, reimbursement
Union's Medical Device
Portugal medical device market
regulations may insufficiently
Regulation (MDR) can be difficult
cover the price of some medical
▪
Budget restrictions can have an
for manufacturers, particularly
devices, making it difficult for
influence on market growth by
small and medium-sized firms
healthcare providers to sell them
reducing medical device
(SMEs)
to patients and, as a result,
adoption and penetration
restricting the market growth
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 35
Portugal Medical Devices Market Analysis
4. Competitive Landscape
4.1 Major Market Share
Revenue of Major players in Portugal Medical Devices
▪
Portugal Medical Devices market is a
Market ($ Mn)
highly competitive space, with many
companies developing and marketing
Other
Medical Devices treatments
▪
Some of the top companies in Portugal
Medical Devices market based on revenue
and market share include
▪
SunMed is a Swiss multinational
healthcare company that develops and
markets Medical Devices treatments,
including targeted therapies and
immunotherapies
▪
In 2020, SunMed's oncology sales were
approximately $24 Bn, making it one of the
largest players in Portugal Medical Devices
market
XX
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 37
4.2 Key Company Profile
Key Note:
1
SunMed
▪
Here is the list of top 10 companies which
will cover in the final report
2
Werfen
▪
Each company will have slides for
o Overview
3
B. Braun Medical
o Key details
4
Surgicaleuro
o Offerings
o Name of products
5
Abbott
o Recent activities/ Press Coverage
o Distribution and Vendor Partners
6
Alcon
o Mergers, Acquisitions and
Collaboration
7
Cardinal Health
o Financials
8
Medtronic
▪
If there are specific companies that you
would like to be included in the report,
please let us know via email
9
Merit Medical
▪
In order to obtain access to all of the
information that you are seeking, you will
Stryker
10
need to purchase the final report
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 38
4.2.1 SunMed
Solutions offered by SunMed
Founded in: 1981
▪ SunMed is a market leader in medical device production, with one
➢ Acute Care
of the most diverse portfolios of anesthetic and respiratory care HQ: Michigan, US
devices
➢ Home Care
▪ SunMed is a global pioneer in consumable goods used to assure Type: Private
quality breaths
➢ EMS
Revenue: $37.9 Mn
▪ Salter Labs, Westmed, Ventlab, and Ethox are all part of the
➢ Surgery Centers
SunMed brand family, which serves 97 countries worldwide Website: www.sunmed.com
➢ OEM and Private Label
Products
Recent Activity / Press Coverage
Air-Q®3 Supraglottic
The Pulset™ ABG Syringe
Airway
SunMed has completed its acquisition of Vyaire Medical's Respiratory and Anesthesia Consumables business
CapnoVue® CO2 Masks
Air-Q3 Intubating Laryngeal Airway
SafeT™ T-Piece Infant
SunMed Partnership Aids In Successful Group Purchasing Agreement Resuscitator with Pop-SunStim™ Pro
Off
NebuTech® Nebulizer
SunMed has achieved European Union (EU) Medical Device Regulation Infu-Surg® Pressure Infusion Bag
with B/V Filter
(MDR) approval for nine categories of its medical devices A Sample Report on Portugal Medical Devices Market Analysis I Confidential 39
4.2.1 SunMed (continued)
SunMed Brands
Manufacturer and distributor of respiratory and critical care equipment. Ventilators and hyperinflation systems are available from the firm for use in anesthesia, respiratory care, critical care, and emergency medical services Salter Labs is a global leader in the production of disposable respiratory devices for hospitals and home care Disposable medical device designer and producer. The company's safe and innovative healthcare goods are custom-made to meet the demands and specifications of its customers
Westmed, Inc. is a global manufacturer of anesthetic, respiratory treatment, and critical care products for hospitals, alternative care facilities, and foreign healthcare markets
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 40
4.2.1 SunMed (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
▪
SunMed has completed the acquisition of Vyaire Medical's respiratory and anesthesia consumables business
▪
SunMed will become a leading manufacturer wholly dedicated to Acquisition
airway management and operative care, with a more
-
May, 2023
Vyaire Medical
comprehensive offering for practitioners, serving as a one-stop source for the highest-quality consumable respiratory and anesthesia medical products that support the best patient outcomes
▪
SunMed and Securisyn Medical Form Strategic Partnership In Manufacturing And Distribution
▪
SunMed's considerable engineering, development,
Partnership
-
July,2022
manufacturing, quality, regulatory, and commercialization Securisyn Medical
experience in medical devices will be combined with Securisyn's award-winning family of clinically differentiated breathing tube securement devices using patented InterlockTM technology to accelerate time to market at scale
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 41
4.2.1 SunMed (continued)
Revenues ($Bn), 2020-2030
▪
According to SunMed's 2020 financial
report, the company had sales of CHF 58.3
Bn (Swiss Francs) in 2020
▪
This is equivalent to approximately $63.3
Bn USD, based on exchange rates at the
XX
end of 2020
▪
Company's Pharmaceuticals Division
generated sales of CHF 49.9 Bn in 2020,
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
while the Diagnostics Division generated
sales of CHF 8.4 Bn
Breakdown of Net Revenue by Segment, 2022
▪
Revenue generated by SunMed in 2020
reflects the company's continued growth
and success in the healthcare industry
▪
In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
1
2
3
4
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 42
4.2.2 Company 2
Solutions offered by Company
Founded in:
HQ:
Type:
Revenue:
Website:
Drugs for
Recent Activity / Press Coverage
Medical Devices
Drugs
Indications
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 43
4.2.2 Company 2 (continued)
Partnerships Ecosystem
Major Distribution Partners
Major Vendor Partners
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 44
4.2.2 Company 2 (continued)
Latest Deals - Mergers and Acquisitions
Amount /
Company Name
Type
Year
Key Pointers
Duration
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 45
4.2.2 Company 2 (continued)
Revenues ($Bn), 2020-2030
▪
Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
xx
xx
xx
report
▪
In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
2020
2021
2022
2023F
2024F
2025F
2026F
2027F
2028F
2029F
2030F
availability
▪
In order to obtain access to all of the
Breakdown of Net Revenue by Segment, 2022
information that you are seeking, you will
need to purchase the final report
▪
Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
1
2
3
4
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 46
Portugal Medical Devices Market Analysis
5. Reimbursement Scenario
5.1 Reimbursement Regulation
Medicare and Medicaid together provide
▪
Portugal, being a European Union (EU) member, adheres to European health insurance coverage for more than
Commission (EC) directives and uses the same medical device categorization as the rest of the EU. Medical equipment is categorized into 4 in 10 Americans
four risk classes: I, IIa, IIb, and III
▪
Before manufacturers may begin selling their medical devices in Portugal, Other Public
they must ensure that their product has been CE-marked, which indicates 1%
compliance with current EU standards and allows the equipment to be Other Private
marketed freely in the EU market
3%
Uninsured
9%
Medicare
17%
▪
Conformity testing is required for all medical equipment. However, for some classes, a third party - the Notified Body - must be involved in this evaluation. The Notified Body is a national authority-appointed evaluation body that is recognized by the EC, which grants it a four-digit identifying identifier
Medicaid
and CHIP
21%
▪
In addition to CE marking, all classes of medical devices that are to be placed on the Portuguese market must go through a device registration process, even though the requirements for Class I medical device Employer-Sponsored
49%
registration differ from those for Class IIa, IIb, III, and implantable active medical devices
Health Insurance Coverage, 2022
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 48
5.1 Reimbursement Regulation (continued)
▪
INFARMED (Autoridade Nacional do Medicamento e Produtos de Saúde / National Authority of Medicines and Health Products):
o Portuguese Regulatory Authority (RA) is an institution under the Portuguese Ministry of Health that assesses, authorizes, regulates, and oversees the market, regardless of device origin, to ensure public health protection
▪
Medical Device Regulation (MDR):
o EU's Medical Device Regulation (MDR) and In Vitro Diagnostic Medical Devices Regulation (IVDR) create standardized requirements for medical device safety, performance, and quality o Manufacturers must follow these laws in order to receive CE marking, which demonstrates compliance with EU standards In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 49
5.1 Reimbursement Regulation (continued)
Coverage Penetration (% Total Population)
Source of Funding
Spend on Healthcare (%of Current Health Expenditure) 100%
100%
100%
100%
100%
0%
Government Expenditure
0%
xx
xx
xx
xx
xx
7%
%
Public Healthcare
44.
0
8%
46.
.
47.
15
51.
Private Health Insurance
Coverage
Out of Pocket
Private Coverage
9%
1%
6%
5%
5%
38.
37.
35.
32.
31.
Other
NA
NA
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Public healthcare coverage is provided by the government and includes programs like Medicare and Medicaid
6.3%
4.08%
5.1%
3.8%
2.2%
2.4%
3.6%
GDP Growth (yoy)
Medicare is a federal program that provides healthcare coverage to individuals who are 65 years of age or older, as well as certain younger people with disabilities 14.7%
11.3%
15.5%
7.5%
4.2%
NA
NA
HC Spend Growth (yoy)
Medicaid is a joint federal-state program that provides healthcare coverage to individuals with low income and limited resources
Reimbursement Market Trends
▪ Shift towards value-based care has been a significant trend in the US healthcare system, with payers and providers increasingly focused on improving patient outcomes and reducing costs
▪ This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which incentivize providers to deliver high-quality, cost-effective care Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 50
5.2 Reimbursement Process for Diagnosis of a Disease The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service provided, based on the negotiated payment rates or fee schedule
▪
Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost of the service, such as deductibles, co-payments, or co-insurance In order to obtain access to all of the information that you are seeking, you will need to purchase the final report Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or subject matter of interest
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 51
5.3 Reimbursement Process for Treatment of a Disease The reimbursement process in the US healthcare system can be complex and can vary depending on the type of healthcare service, the healthcare FDA
provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪
Service or Treatment Provided: The healthcare provider performs a Market Authorization
service or treatment for the patient
▪
Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the service Private Payers
Public Payers
provided
▪
Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment Health Technology Assessment
provided, and checking for any potential errors or fraud
▪
Payment: If the claim is approved, the insurance company or other 1
2
3
payer reimburses the healthcare provider for the service provided, Coding
Coverage
Payment
based on the negotiated payment rates or fee schedule
Coding depends on availability code while coverage and payment process decisions are made through an HTA.
Illustrative
A Sample Report on Portugal Medical Devices Market Analysis I Confidential 52
Portugal Medical Devices Market Analysis
6. Methodology & Scope
▪
Insights 10’s research methodology delves deeper into the market, covering the macro and micro aspects of the industry. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions
▪
We implement a mix of primary and secondary research for our market estimate and forecast. The secondary research forms the initial phase of our study where we conduct extensive data mining, referring to verified data sources such as independent studies, government and regulatory published material, technical journals, trade magazines, and paid data sources
▪
For forecasting, the following parameters are considered:
❑
Market drivers and restraints along with their current and expected impacts
❑
Technological scenario and expected developments
❑
End use industry trends and dynamics
❑
Trends in the consumer behavior
❑
Regulatory scenario and expected developments
❑
Current capacity and expected capacity additions up to 2030
▪
We assign weights to these parameters and quantify their market impacts using the weighted average analysis to derive the expected market growth rate
▪
We appoint data triangulation strategies to explore different areas of the market. Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions
▪
All our estimates and forecasts are verified through exhaustive primary research with the Key Industry Participants (KIPs)
▪
Currency used in the report is the US dollar (USD), with the market size indicated in USD million/billion (Mn/Bn)
Analysis Methodology
Our Analysis Methodology involves three critical stages: Data
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