Peculiarities of the Ukrainian medical device market

Viktor Chuzhykov and Areg Movsesyan
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Viktor Chuzhykov: Kyiv National economic university "Vadym Hetman" (Ukraine)
Areg Movsesyan: Kyiv National economic university "Vadym Hetman" (Ukraine)

Business Management, 2020, issue 2 Year 2020, 25-37

Abstract: The Ukrainian medical device market is gradually following the path of harmonization with the market of the European Union. Although there was a number of amendments to the Ukrainian regulations in accordance with the existing European directives, the overall legislative part is probably the simplest portion of the homework. To bring the state of the market up to the next level the government of Ukraine will need to take a new and reformatory approach in dealing with the peculiarities of this industry, consisting mostly of out-of-date equipment, shortage of high-value devices, general poor treatment conditions in state clinics and many more. Considering the above-mentioned, scrutiny of current market issues is a key means of identifying and prioritizing critical points that require repair actions.

Keywords: medical equipment; medical device market; Ukraine; trends; current issues (search for similar items in EconPapers)
JEL-codes: I15 O14 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:dat:bmngmt:y:2020:i:2:p:25-37

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