1 / 9

Healthcare equipment market

Healthcare equipment market. A short review. 10 years later. 2005, I came back 10 years after I left Turkey 1995 Large public market – small private Focus on: Military, Universities and large MOH Government guarantees High inflation and currency dynamics

sharne
Download Presentation

Healthcare equipment market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Healthcare equipment market A short review

  2. 10 years later • 2005, I came back 10 years after I left Turkey • 1995 • Large public market – small private • Focus on: Military, Universities and large MOH • Government guarantees • High inflation and currency dynamics • Most if not all business in NLG or USD, LC based

  3. 10 years later • 2005 • Less focus on a relatively smaller public market • Fast growing private market: universities, hospital chains, clinics • Intro of “Income Sharing“ models at public hospitals • Limited or no government guarantees • Reduced inflation and rather stable currency • More and more business in TL

  4. Recently • 2009/2010 • Strong focus on public healthcare for all (SSK incorporated in MOH) • Reimbursement reductions, changes in the labor law, hospital and equipment permits and licenses, regulatory actions • First signs of PPP (public private partnerships) • New regulations – future private market uncertain - strong reduction of the public market – many institutions in trouble • Foreign investments in some of the bigger hospital chains • Increased cross border business • Income Sharing reaching saturation • Reduced inflation and rather stable currency • Majority of the business in TL

  5. At present • 2011 • Growing public market via central bulk purchasing, new framework tenders, local tenders and PPP (…. elections in June) • Largest PPP funnel world-wide (28 projects) • Improved private market – foreign investors and financing are successful – investments and projects started again • A further reduction in the reimbursement rates, permits and licenses continue – Income Sharing projects in trouble) • Increased cross border business – ME, Russia, CEE and Africa – largely via construction companies • Stable single digit inflation and stable currency (although lost 6% in the first 5 month) • Majority of the business in TL

  6. Highly diverse market place

  7. Healthcare equipment market • Private market: • 400 + hospitals (no new licenses) • 20 Medical Universities • PFI’s (income sharing) • Numerous clinics (struggling) • Minimum reimbursement rates • Limited private customers • Dominating hospital chains • Cross border activities • Foreign investments • Public Market segment: • 1000 MOH hospitals • 60 Medical Universities • 50 MOD hospitals • Numerous clinics (low perception) • Healthcare for all policy • Some health Tourism • Limited private insurance • Largest PPP funnel in the world GDP Healthcare expenditure 15% compared to European countries (OECD)

  8. Great growth potential High volumes Very competitive Solid base for the region

  9. Questions to answer: • How would you: • Define your market • Find your potential growth segments • Define your enablers for each segment • Involve local insight • Balance short term versus long term objectives

More Related