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Syria, which gained independence from France
in 1946, is a country of fertile plains, mountains and deserts.
Home to diverse ethnic and religious groups, including Kurds,
Armenians, Assyrians, Alawite Shias and Druze, Syria has majority
of the Muslim population. Syria shares a northern border with
Turkey, in the east and southeast with Iraq, in the south
with Jordan and in the west with Lebanon and Israel.
Basic Economic Facts:
GDP: $23 billion
GDP per head: US$1,278
Annual Growth: 5%
Inflation: 7%
Major Trading Partners:
Exports: Germany 21%, Italy 18%, Turkey 10%, France 6%,
Saudi Arabia 6%, Lebanon 5%.
Imports: Italy 9%, Germany 7%, France 6%, Korea 6%.
The economy is a high priority for Syrian government. The
country has begun to move away from a centrally-controlled
economy with a cautious opening up of the banking sector and
a serious effort to attract foreign investment (outside the
oil sector, which has always been a special case and dependent
on foreign investment).
Healthcare & Medical Market:
The public and private sectors, both, provide healthcare services
in Syria. Though the private sector is growing rapidly, the
government is still the main provider of the primary health
care. According to a report, the number of public hospitals
increases by 3% per year, while that of private hospitals
by 5%
The Syrian market for medical equipment and supplies amounted
to US$35 million in 2005.
There are no import restrictions on medical equipment. The
major portion of medical equipment and supplies is imported
from Europe and Far East (30% each) , 10% from USA, while
other countries contribute to remaining 30%. Arab medical
products which constitutes of mostly disposables can be imported
without customs duties. The public health sector is the main
end-user (70%). Imports are administered by Ministry of Health,
Ministry of Higher Education, and Ministry of Defence by means
of the tendering system for larger equipment, and 90% of the
smaller equipment and supplies via private medical trading
agencies.
Imports include medical and dental apparatus, orthopaedic
appliances, surgical instruments and disposables, laboratory
devices and materials, X-ray equipment etc. Also, there are
more than 500 firms in the country which represent more than
1,000 companies from around the world import medical equipment.
If we look at the market trends, it should be assumed that
the future of medical equipment business in Syria is promising.
The import of medical equipment has been increasing up to
50% per year because of the increasing demand of the existing
and new hospitals and clinics in both public and private sector.
The scope for diagnostic equipment and tools like X-ray,
ultra-sound, MRI, Gamma ray imaging equipment, CAT scanners,
ECG and EEG equipment, laser equipment for microsurgery and
dermatology, cobalt radiation treatment systems, surgical
and other related instruments, angiography and other cardiology
equipment, other specialized equipment for interventional
therapy, disposables, and laboratory analysis equipment are
good. Customs duty range from 20% to 50%, but most of goods
are taxed at 20% and hospital furniture at 50%.
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