Consisting from Mauritania
to Pakistan, from Egypt to Iran, these countries have been making huge efforts
in order to increase both level and coverage of healthcare, regulate the
sector, making it easier to operate and guarantee quality of products to the patients.
Despite financial limitations and/or geopolitical instability, the overall
trend is positive and sustainable political breakthroughs. Over the last two
years, a continued effort to establish regulatory systems in additional
countries is steering confidence in the sector.
The value of the medical
devices market in Middle East and North Africa is estimated around US$ 4
billion and it’s growing by 5% per year. This heterogeneous market comprises
approximately 650 million people with a cumulative GDP of more than US$ 5.2
trillion.
Mecomed is the Middle East and North Africa medical devices and
diagnostics trade association. Established in March 2007, they aim to
build and improve the industry image and perception; help in substantially
reducing non-compliant business practices; enhance access to key stakeholders;
collaborate in critical projects with common interests. For more details, visit www.menamedtechforum.com.
