Philippines Medical Devices Market Research Report to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How is Philippines Medical Device Market Positioned? The Philippines Medical Device Market remains one of the most lucrative markets in the country. The market has showed a positive CAGR of ~ for the financial year 2013-2018 and is expected to grow at a CAGR of ~ for the financial year 2018-2023. The industry is witnessing a gradual rise in the revenue due to higher demand for modern and sophisticated equipments as the number of geriatric population and morbidity in the country is on a rise. The overall revenue in the medical device industry witnessed a rising trend on account of increase in healthcare expenditure by the government which further led to increase in the number of hospitals, clinics and Diagnostic Lab Centers. The number of hospitals and clinics in Philippines increased from ~ in the year 2013 to ~ in 2018. Moreover, ageing population has also significantly contributed to the growth of the market. The percentage of elderly people (65 and above) in the Philippines will most likely grow to ~ percent by 2020; ~ percent by 2025 and ~ percent by 2030, which will subsequently lead to more number of orthopedic procedures, hence elevating the market. The Medical Consumables market in terms of overall revenue has expanded at a steady pace with a CAGR of ~% during the review period 2013 to 2018, wherein the revenue from Diagnostic Imaging Products grew at a CAGR of ~% and revenue from cardiac Devices grew at a CAGR of ~% during the same period. The share of revenue from Respiratory Products and auxiliary products grew constantly during the period 2013 to 2018. How is the Philippines Medical Device Market Segmented? By Type of Business Activity: Philippines heavily rely on imports for medical devices and have accounted for ~% of the revenue share in Philippines Medical Device Market in 2018. The distributor margin of medical devices is around ~% for imports. The local manufacturers majorly deal in manufacturing and distribution of medical equipments and medical consumables such as Syringes, Needles, Catheters, Bandages, Dressings and others. The domestic production of medical devices in Philippines accounts for roughly ~% of the market share generating revenue worth USD ~ million in 2018. By Mode of Sales: Direct Sales have accounted for the largest share of ~% of the revenue in Philippines Medical Device Market in 2018 majorly due to high reliance on imports of medical devices. Distributor Mediated Sales have accounted for ~ % of the revenue in Philippines Medical Device Market in 2018. By Type of Medical Device: Medical Consumables have accounted for the largest share of ~% of the revenue share in Philippines Medical Devices market in 2018. The largest share is majorly due to large number of end users. These items are required by all the healthcare institutions such as hospitals, clinics, primary healthcare centers, laboratories and others. This is followed by Diagnostic Imaging product with ~%, Dialysis Machine with ~%, Cardiac Devices with ~%, Respiratory Products with ~%, Hospital Furniture with ~%, Auxiliary devices with ~%, Dental and Orthopedic Products with ~% and Ophthalmic Devices with ~%. Others which include devices like aesthetic Devices, IV Diagnostics, Physiotherapy devices instruments and appliances for medical use have accounted for ~% of the overall market revenue. By Type of Medical Consumables: Syringes, Needles and Catheters have accounted for the major share of ~% in the Philippines medical consumables market in 2018. Bandages and dressings have accounted for the second largest share of ~% and Suturing materials have contributed ~% to the revenue share. Ostomy products have accounted for ~% of the market and other consumables registered ~% of the revenue share. By Type of Diagnostic Imaging Product: X-ray Based Products have accounted for the major share of ~% followed by Ultrasounds with ~%. CT scan and MRI have contributed ~% and ~% Electrodiagnostic apparatus and ECG have accounted for ~% and ~% of the market and other devices such as Product based on UV or infrared application radiation registered ~% of the revenue share. By Type of Cardiac Device: The cardiac device market accounted for USD ~ Million in the overall Medical Device Market in 2018 with Angioplasty Devices leading with ~% of the overall revenue in this segment for the year 2018. Out of ~ registered deaths in 2016, ~ cases or ~ percent of the total was due to ischemic heart disease and ~ reported deaths due to other heart diseases in Philippines which is the main reason for the growth of this market.CRM Devices such as Cardiac Rhythm Management: ICD, Implants and Pacemaker have accounted for the second largest share of ~% in the medical consumables market. Cardiac Surgery Devices such as Heart-Lung Machine and Valves have contributed ~% to the revenue share. By Type of Respiratory Product: Therapeutic Appliances have accounted for the major share of ~% in the Philippines medical consumables market in 2018. Diagnostic Devices and Monitoring have contributed ~ % to the revenue share. By Type of Auxiliary Product: Hearing Aids have accounted for the major share of ~% in the Philippines medical consumables market in 2018. Artificial body parts excluding artificial teeth and joints have contributed ~ % to the revenue share and other auxiliary products including implants registered ~ % of the revenue share. By End Users: Hospitals both public and private are the major end users of medical devices and have accounted for ~ % of the revenue in Philippines Medical devices market in 2018. The medical clinics and Laboratories and other healthcare institutions together have contributed ~% of the revenue. Key Segments Covered: By Type of Business Activity Imports Domestic Production By Mode of Sales Direct Sales Distributor Mediated By Type of Medical Devices Medical Consumables Diagnostic Imaging Products Dialysis Machine Cardiac Device Respiratory Products Hospital Furniture Auxiliary Devices Dental and Orthopedic Products Ophthalmic Devices By End Users Hospitals Clinics and Diagnostic Lab Centers Others (Home Healthcare, Telemedicine Centers) By Region Luzon Visayas Mindanao Key Target Audience Hospitals Medical Device Manufacturers Healthcare Research Firms Healthcare Associations Government Bodies Distributors Medical Device Technology Suppliers Time Period Captured in the Report: Historical Period: 2013-2018 Forecast Period: 2019-2023E Manufacturers Covered: GE Healthcare Fresenius Philippines Siemens Healthcare Philips Healthcare Medtronic BD Healthcare Terumo Healthcare B Braun Philippines Distributors Covered: Zuellig Pharma Zafire Metro Drugs Inc. Health Solution Enterprises Berovan Marketing Inc. Patient Care Corporation RBGM Medical Express Sales Inc. Saviour MedDevices Incorporated Transmedic Group RG Meditron Inc. Carestream Philippine Medical System Aljeron Medical Enterprise Progressive Medical Corporation Fernando Medical Enterprise Medical One Key Topics Covered in the Report Philippines Medical Device Market Introduction Value Chain Analysis in Philippines Medical Devices Philippines Medical Device Market Size, 2013-2018 Philippines Medical Device Market Segmentation Philippines Medical Device Market Segmentation by Type of Business Activity (Imports and Domestic Production) Philippines Medical Device Market Segmentation by Mode of Sales (Direct Sales and Distributor Mediated) Philippines Medical Device Market Segmentation by Type of Medical Devices (Medical Consumables, Diagnostic Imaging, Dialysis Machine, Cardiac Device, Respiratory Product, Hospital Furniture, Auxiliary Devices, Dental and Orthopedic Products, Ophthalmic Devices and Others) Philippines Medical Device Market Segmentation by Type of Medical Consumables (Syringes, Needles, Catheters, Bandages, Dressings, Suturing materials, Ostomy Products and Others) Philippines Medical Device Market Segmentation by Type of Diagnostic Imaging Products (X-ray Based Products, Ultrasound, CT Scan, MRI, Electrodiagnostic Apparatus, ECG and Others) Philippines Medical Device Market Segmentation by Type of Cardiac Device (Angioplasty Device, CRM Devices and Cardiac Surgery Devices) Philippines Medical Device Market Segmentation by Type of Respiratory Product (Therapeutic Appliances, Diagnostic Devices and Monitoring Devices) Philippines Medical Device Market Segmentation by Type of Auxiliary Product (Hearing Aids, Artificial Body Parts and Others) Philippines Medical Device Market Segmentation by End Users (Hospitals, Clinics and Diagnostic Lab Centers and Others) Philippines Medical Device Market Segmentation by Region (Luzon, Visayas and Mindanao) Decision Making Process to Shortlist Medical Device in Philippines Pain Points Faced by Customers from Buying Medical Devices in Philippines Trends and Developments in Philippines Medical Devices Market Issues and Challenges in Philippines Medical Device Market Porters Five Forces Analysis in Philippines Medical Device Market Regulatory Environment for Philippines Medical Devices Market Competitive Landscape in Philippines Medical Devices Market Company Profiles of Major Players in Philippines Medical Devices Market Company Profiles of Major Local Distributors in Philippines Medical Devices Market Company Profiles of Local Players in Philippines Medical Devices Market Philippines Medical Devices Market Future Outlook and Projections, 2019-2023 Analyst Recommendations in Philippines Medical Device Market For More Information on the Research Report, refer to below links: – Philippines Medical Devices Market Related Reports by Ken Research Singapore Medical Devices Market Outlook to 2022 – by Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products and Others) Kuwait Medical Device Market Outlook to 2022 – By Type (Diagnostic Imaging Products, Medical Disposables, Auxiliary Devices, Orthopedic Devices, Dental Products, Aesthetic Devices, Diabetic Products and Others) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Follow Us LinkedIn | Instagram | Facebook | Twitter | YouTube Tags: Auxiliary Devices Philippines Sales, B.Braun Philippines, BD Healthcare Philippines, Berovan Marketing Philippines, Companies Medical Devices Philippines, Dialysis Machine Sales Philippines, Fresenius Philippines, GE Healthcare Philippines, Health Solution Enterprises Philippines, Local Players Medical Device Philippines, Medical Device Companies Philippines, Medical Device Market in Philippines, Medical Device Philippines, Medtronic Philippines, Metro Drugs Inc. 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