The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Thursday, 6 April 2017

The Romanian Market of Medical Devices and Equipment - Healthcare in Romania

The market of the private medical services is one of the fastest developing sectors in Romania. According to market sources, the private healthcare market in Romania is currently estimated at approximately 600 million EUR, with the first ten players having a market share of some 40%.

The Romanian market of medical devices and health equipment, 90% of which is generated by imports, is currently estimated at some EUR 500mil. In the next 3-5 years, it is expected to grow by approx 5% y-o-y, mainly due to Romania's economic growth and increasing health expenditure both by the Government and private consumers, leading to the strong growth of the private medical services market.

There are approximately 300 medical device distributors and commercial representatives, the most important ones representing manufacturers located in the United States, Germany, Italy, France, Japan, China, Turkey, and Switzerland.

FRD Center has extensive specialised d-base of relevant contacts in the medical devices and health equipment sector, of both importer-distributors and direct buyers. On behalf of our Clients - the foreign manufacturers interested to penetrate the local market - we contact the relevant key decision makers with product introduction and B2B matchmaking services.

Romanian healthcare is undergoing considerable reform and development. Both the public health services and the private healthcare system are expected to improve, expand and develop in the next period.

While the private health networks continue to attract foreign investment and acquire local players in order to consolidate their position, the public hospitals receive EU funding and public money for new buildings, development, refurbishment and modernisation.

The National Agency for Medicines and Medical Devices (NAMMD) in Romania is a public institution subordinated to the Ministry of Health. One of its roles is to evaluate and authorise in view of marketing high quality, safe and effective medicinal products for human use, including medical devices and equipment.

For more details on the current developments, main players and imports dynamics of the Romanian Market of Medical Devices and Equipment as well as the healthcare system in Romania, feel free to consult the FRD Center SAMPLE report at
http://www.frdcenter.ro/assets/The-Romanian-Market-of-Medical-Devices-and-Equipment.pdf

Should the developments and opportunities in the Romanian Market of Medical Devices and Equipment - Healthcare in Romania and in other Emerging Markets in Europe be of interest to you perhaps we can collaborate. 

The FRD Center team can arrange for you a Business Itinerary with 1-2-1 meetings and visits to relevant players, such as Purchasing Managers in Private Hospitals, Specialised Importer-Distributors etc. 

For more details feel free to contact the FRD Center team at: email:europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

For the FRD Center B2B matchmaking services in Romania and other Emerging Markets in Europe consult: http://market-entry-romania.blogspot.ro/2016/09/b2b-matchmaking-services-in-romania-and.html

For the FRD Center Market Research and Competitor Analysis in Romania and other Emerging Markets in Europe consult: http://market-entry-romania.blogspot.ro/2017/01/market-research-and-competitor-analysis.html

For the FRD Center Market Research, In-Depth Analysis, Competitor Profiling in the Emerging Markets in Europe consult http://market-entry-romania.blogspot.ro/2017/04/market-research-in-depth-analysis.html

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