The report helps businesses gain a unique insight into the socio-economic dynamics, and helps analyze how they affect healthcare systems and their evolution. It can serve as a valuable tool with actionable guidance for sales, marketing, R&D and business managers with industry related interests.
Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).
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- 2014 was a great year in terms of economic growth with a rate of 3.6 %. This was quite an improvement from 2013’s growth rate of 1.5 %.
- 2015 will remain in positive growth, though the rate is projected to slow down to 2.3 %.
- Unemployment rates have improved significantly during the last few years, with one of the most noteworthy changes taking place in 2014. Projections for 2015 show a further slight decrease.
- As the effects of cheaper energy (the bulk of which took place in 2014) steadily decrease and the labor market tightens, inflation is expected to steadily increase.
- Although Public debt in Hungary is quite high, it is improving slightly every year. The budget deficit is also steadily decreasing.
The Healthcare System:
- The Hungarian healthcare system functions as a comprehensive, compulsory, employment-based national health insurance scheme that provides near universal coverage in terms of both treatments and population.
- Healthcare expenditure in Hungary was 8.09 % of the GDP, while per capita expenditure was about € 846.
- When looking at healthcare expenditures as a percentage of GDP within the region, Hungary was among the countries that spent the highest amounts on healthcare.
- There are high mortality rates related to non-communicable diseases. Some of the most prevalent conditions are cardiovascular disease (primarily acute myocardial infarct), cancers (especially lung cancer) and respiratory diseases.
- The care provision sector in Hungary generated a total of € 8.9 bn in 2014, and there was an annual growth rate of 0.8 % between 2010 and 2014.
- The medical device sector has been quite strong over the past two years representing about 33 % of the total healthcare sector. Total revenues for 2014 were about € 2.9 bn.
- The outpatient care segment made about € 2.5 bn in 2014 and the annual growth rate from 2012 to 2017 is projected to be about 3.1 %.
Includes tables centralizing all relevant data on socio-demographics, macroeconomics and national Healthcare.
National Care Provision data:
Provides an overview of the Healthcare demographics: Nation Care provision data, Intensive Care units, Operating rooms, Emergency Rooms, Hospital services, Healthcare professionals.
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