Jordan -Medical Equipment Jordan -Medical Equipment
Summary
The 2016 market value is equal to 9.5% of total health expenditure and seven percent of Jordan’s GDP is devoted to healthcare.
Jordan’s healthcare expenditures were valued at $ 3.6 bn in 2016. 106 hospitals serve Jordan’s population and 250,000 patients from neighboring countries annually. The Ministry of Health has prohibited the import of used and refurbished medical devices into the Kingdom.
Jordan requires USFDA, CE mark, or Japanese certification for all imported medical devices. The government plans to expand the “e-health initiative system” piloted in 2011 to public hospitals and beyond, including the storage, retrieval and updating of electronic health records of patients cared for by participating healthcare facilities.
Overview
Jordan is a regional leader in medical tourism. In 2014, the World Bank ranked Jordan as the leader in the Arab region and the fifth in the world as a medical tourism hub. Medical tourism generates over $1.2 bn in revenues annually. In 2014, 250,000 patients traveled to Jordan for medical treatment, and Jordan expects to reach 300,000 medical tourists in 2018, with potential revenues of $ 1.5 bn. Jordan’s rate of healthcare expenditures is the third highest in the region. 106 hospitals serve Jordan’s population and around 250,000 patients from neighboring countries annually. Ten percent of Jordan’s GDP goes toward healthcare.
The Jordanian medical device market is projected to grow at a pace of 7.5%, which will see it rise to $ 368.6mn by 2022, up from $ 256.8mn in 2017 (Source: BMI International). The overall market size and per capita spending will remain comparatively small in global terms. The key driver of growth remains medical tourism, for which Jordan is the number one destination in the region. The number of new hospitals, both private and public, is expected to grow, as is the demand for medical equipment and pharmaceuticals for the following reasons: equipment will be needed for newly constructed hospitals and for clinics and hospitals that are being renovated. The government plans to expand the “e-health initiative system” piloted in 2011 to public hospitals and beyond, including the storage, retrieval and updating of electronic patient health records managed by healthcare facilities.
Sub-Sector Best Prospects
Given the hospital redesign projects and private clinic investments, the following equipment will be particularly in demand:
- Cardiology and cardiovascular surgery
- Laparoendoscopic surgery.
- Kidney transplantation.
- Ophthalmology.
- Neurosurgery.
- Equipment and supplies for plastic surgery.
- Oncology.
- Consumables for Clinical laboratories, i.e. Tubes/Glasses.
- Medical Surgical Sterilizers.
- Medical x-ray, Alpha, Beta, Gamma Ray Equipment.
- Orthopedic & Prosthetic Appliances
- E-Health.
- Healthcare management systems.
- Software modules for specific fields and applications (radiology, imaging, etc.).
- Integrated medical insurance solutions.
- Medical devices and equipment.
- Customer relations management.
- Mobile healthcare applications.
- Online medical content providers
Opportunities
U.S. companies have excellent opportunities to sell products and services to the health care sector in Jordan. The number of new hospitals, both private and public, is expected to grow, as is the demand for medical equipment and pharmaceuticals for the following reasons: equipment will be needed for newly constructed hospitals and for clinics and hospitals that are being renovated; we expect that there will be a shift from older conventional methods to modern treatment methods; and health insurance coverage is expanding. Post expects gradual improvements for medical exporters as the Iraqi borders reopen and trade intensifies. The Arab Health trade exhibition takes place each January in Dubai and is certified by the U.S. Department of Commerce. Arab Health provides a valuable opportunity to engage with Jordanian healthcare providers.
Web Resources
Ministry of Health: moh.gov.jo
Jordan Medical Council: jmc.gov.jo
Higher Health Council: hhc.gov.jo
Jordan Private Hospitals Association: phajordan.org
Jordanian Association of Pharmaceutical Manufacturers: japm.org.jo
The Ministry of Health via the Jordanian Food and Drug Administration (JFDA) oversees the registration, classification and overall regulation of medical devices in the country.
The two primary governmental entities implementing public sector procurement process in Jordan are the Government Tenders Directorate (GTD) www.gtd.gov.jo and General Supplies Department (GSD) www.gsd.gov.jo. Note: Ministry of Health tenders are issued by the General Supplies Department, while the University of Jordan, Royal Medical Services and the Ministry of Defense each releases its own tenders. Tenders are published in the Jordan Times and the Middle East Economic Digest. Public sector-procured devices are usually tested by the purchaser. There is no requirement for testing for medical devices procured by the private sector.