CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Belgium

2018-04-01
Price :
Published : Apr-2018
No. of Pages : 131

CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Belgium

Summary

GlobalData, the industry analysis specialist, has released its latest report, “CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Belgium”. The report is an essential source of information and analysis on the healthcare, regulatory and reimbursement landscape in Belgium. It identifies the key trends in the healthcare market and provides insights into the demographic, regulatory, reimbursement landscape and healthcare infrastructure of Belgium. Most importantly, the report provides valuable insights into the trends and segmentation of the pharmaceutical and medical device markets. It is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by GlobalData’s team of industry experts.

Belgium is one of the largest healthcare markets, with a strong focus on pharmaceutical exports. It spends approximately 10.4% of its GDP on healthcare. The value of the Belgian pharmaceutical market declined from $7.8 billion in 2009 to $6.9 billion in 2016, at a negative compound annual growth rate (CAGR) of 2%. However, the value of the pharmaceutical market in terms of Euros increased from €5.8 billion to €6.2 billion at a CAGR of 1%. This difference was due to the declining exchange rate of the Euro versus the US Dollar. The Belgian medical device market was valued at $2.16 billion in 2010, which increased to $2.68 billion in 2017. The main segments were cardiovascular devices, ophthalmic devices, orthopedic devices, in vitro diagnostics and hospital supplies. The increasing elderly population and high investment in R&D expenditure are expected to drive the growth of the pharmaceutical market. However, generic substitution and high taxes act as a major barrier for the pharmaceutical market.

Scope

The report provides information on the healthcare, regulatory, and reimbursement landscape in Belgium, and includes –
– An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers
– Profiles and SWOT analyses of the major players in the pharmaceutical market (Pfizer, Sanofi, Leo Pharma, UCB Pharma and Ablynx) and profiles and SWOT analyses of the major players in the medical device market (Medtronic, Essilor, Zimmer Biomet, AGFA and IBA)
– Detailed analysis about recent completed deals in the pharmaceutical and medical device market of Belgium
– Porter’s five forces analysis for pharmaceutical and medical devices market of Belgium
– An insightful review of the reimbursement and regulatory landscape, of which analysis includes details of the healthcare reimbursement process, the regulatory agencies and the approval processes for new drugs and medical devices
– Information regarding recent healthcare policies along with healthcare infrastructure and healthcare expenditure
– An overview of the opportunities for and challenges to growth in the Belgian healthcare market.

Reasons to buy

This report will enhance your decision-making capability by allowing you to –
– Develop business strategies by understanding the trends shaping and driving the Belgian healthcare market
– Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments, and companies likely to impact the healthcare market in the future
– Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing the performance of various competitors
– Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment, and strategic partnership
– Identify, understand, and capitalize on the opportunities and challenges in the Belgian healthcare market.

Filed in: Pharmaceutical, Pharmaceuticals and Healthcare
Publisher : GlobalData
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