CZECH REPUBLIC - Medical Device Industry and Demographic Data

Shown below you will find some basic demographic and economic data, plus information specific to the medical device and healthcare industry.

Capital city: Prague

Total area: 79 000 km²

Population: 10.5 million

Currency: Czech koruna

Language: Czech

Structure of population:
0-14 years: 14%
15-64 years: 71%
65 years and over: 15% (2011 est.)

Life expectancy at birth:
Male: 74 years
Female: 80 years

Healthcare expenditures total (% of GDP): 8%

Healthcare expenditures per capita: $1495 (USD)

Expenditures on healthcare:
Government: 84%*
Private: 16%**

Number of hospitals: 345 (2007 data)

Healthcare financing: Inpatient procedures and diagnosis are reimbursed partially on the basis of DRG and partially by flat fees. Outpatient care is based on flat fee (1) per patient and (2) per type of provided care. The fees depend on the contract with the specific insurance fund.

Medical device industry: The market is estimated at $1.48 billion in 2009. The market is expected to grow reaching $2.37 billion by 2014. The trade is import-led, almost three-quarters of the medical device market is supplied by imports. Imports increased by 14.9% in 2007, worth for $865 million. The main product categories being imported are surgical instruments, hospital beds, sterilizers, anesthetic devices, X-ray equipment, orthopedic and rehabilitation devices. The market is characterized by the presence of small manufacturers, with production geared towards the low to medium end of the technology scale. There is also a presence of multinational companies such as Arrow International or Lohmann&Rauscher.

* Government expenditures include all spending on healthcare passed through governmental agencies regardless of the funding source. Source: World Health Organization global health expenditure database. 2010 data.
** Private healthcare expenditures include private medical insurance, direct out-of-pocket payments by the consumer and other non-governmental sources. Source: World Health Organization global health expenditure database. 2010 data.