ESTONIA MEDICAL DEVICES MARKET

INTRODUCTION

The Estonian Health Board Terviseamet oversees device regulation in Estonia.CLASSIFICATION SYSTEM: Medical devices are divided into Classes I, IIa, IIb, and III based on the level of risk they pose.

TIMEFRAME: For Class I devices, the registration procedure takes roughly 4-6 weeks after submission. The agreement with the notified body and the type of equipment govern the other classes.

The Estonian Health Board, or Terviseamet in Estonian, oversees the regulation of medical equipment there. The State Agency of Medicine once had responsibility over both drugs and medical devices.

Since then, however, the State Agency of Medicine has maintained to oversee medications for both human and veterinary use, while the Terviseamet has assumed authority of the regulation of medical devices.

Estonia uses the same risk-based medical device classification methodology as the rest of the EU member states. In Estonia, medical equipment fall within one of four categories: Class I, Class IIa, Class IIb, or Class III. The lowest danger is related with Class I devices, whereas the highest risk is associated with Class III devices.

TIMEFRAME: For Class I devices, the registration procedure takes roughly 4-6 weeks after submission. The agreement with the notified body and the type of equipment govern the other classes. 

ESTONIA MEDICAL DEVICES MARKET SIZE AND FORECAST

Estonia medical devices market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

ESTONIA MEDICAL DEVICES MARKET DYNAMICS

Aiming to encourage the use of next-generation Software as a Medical Device solutions and position Estonia at the forefront of this rapidly expanding market, DTx Estonia is an industrial partnership of Estonian digital therapeutics makers.

DTx products use evidence-based, clinically tested software to directly provide therapeutic interventions to patients in order to manage, treat, and prevent a wide range of diseases and disorders. We think Estonia has a special chance to play a significant role in the global DTx market.

The goal of DTx Estonia, an association of companies that produce digital therapeutics, is to promote cross-industry cooperation and increase awareness of evidence-based digital medicines. The Estonian Health Economy Association is a nonprofit umbrella organisation whose goal is to foster the sector's rapid expansion.

ESTONIA MEDICAL DEVICES MARKET COMPANY PROFILES

• Fluke Biomedical 
• Meditsiinigrupp AS
• AB Technology
• Semetron
• Santoprene

THIS ESTONIA MEDICAL DEVICES MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many medical devices are manufactured per annum in Estonia? Who are the sub-component suppliers in this region?
2. Cost breakup of a Estonia medical devices and key vendor selection criteria
3. Where is the medical devices manufactured? What is the average margin per unit?
4. Market share of Estonia medical devices market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Estonia medical devices in-house
6. key predictions for next 5 years in Estonia medical devices market
7. Average B-2-B medical devices market price in all segments
8. Latest trends in medical devices market, by every market segment
9. The market size (both volume and value) of the medical devices market in 2024-2030 and every year in between?
10. Production breakup of medical devices market, by suppliers and their OEM relationship