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  • Bangladesh Healthcare at a glance

    255 public hospitals
    5,054 private hospitals and clinics
    9,529 diagnostic centers
    *Source: Directorate General of Health Services (DGHS)

  • Overview of Bangladesh’s Medical Industry

    An important contributor to the economy and wellbeing of the society, the Bangladesh healthcare industry has been progressing swiftly in recent years. Growing at a CAGR of 10.3% percent since 2010, the size of the healthcare industry has reached USD 6.76 billion in 2018 (in terms of spending on the healthcare expenditure). The sector consists of healthcare services by hospitals, clinics, diagnostic centers, including digital healthcare services, clinical researches, as well as medical device manufacturing and trade/ distribution.

  • Demand for Medical Equipment & Supplies
    • Medical equipment: Needless to mention, the demand for medical equipment is driven by the development of healthcare facilities. Bangladeshi medical sector has experienced annual growth rate of 14.6% between 2016-19, recording the fastest growth in the world, and is expected to sustain this growth (according to Business Monitor International Research).

      Changing disease profiles with shift to NCDs which require surgery and long-term treatment is expected to boost the demand for medical devices. Consumables & surgical instruments: The demand for consumable and surgical instruments such as disposable/ precision safety syringes, needles, catheters, suturing kits, scalpel, scissors, bandages/ dressing, gloves, masks, endotracheal tubes, other disposable items is expected to continue growing along with the growth in number of healthcare service providers.

    • Equipment required in ICU/OT: With the number of healthcare institutions expected to continue growing, the demand for equipment used in intensive care unit and operation theatre such as diathermy machine, OT light/ table, ICU monitor, ventilator, suction, electrocardiograph, oxygen mask, etc. are expected to increase in the future. In addition, demand for hospital furniture is also expected to increase rapidly.

    • Diagnostic imaging and In-Vitro Diagnostics (IVD) devices: Increased incidence of NCDs such as cancer, diabetes, cardiovascular disease, kidney disease is expected to rise in Bangladesh as diets and lifestyle of the population changes. This changing disease profiles will subsequently lead to increased demand for devices used for screening, diagnosis, treatment and monitoring of NCDs which includes diagnostic imaging equipment, testing kits and lab equipment, home monitoring devices used to monitor such disease, etc. For instance, with diabetes prevalent among 9% of the population (the World Bank Group, 2019), domestic demand for glucose monitor, diabetic strip, insulin-pen might increase.