Sri Lanka
Medical Technologies Sector Review
Definition and scale of sector
- Polymer/metal components,
- Electronics/electromechanical sub assemblies,
- Medical instrumentation,
- Pharmaceutical production, wholesaling
Why the sector was chosen in the West Midlands
- High rate of growth but from a low case.
- Full role played by the medical market place on regional industry is understated given the role played by industries that supply multiple markets e.g. polymers.
- Higher Education based investments demonstrate a potential for spin off activity. Opportunities for diversification. Major training region in Medical Schools and CE for the NHS.
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Healthcare Market in Sri Lanka - July 2005
Sri Lanka’s health care system is dominated by the public sector, although there is a significant private sector component. The public sector provides a large share of in-patient care. The private sector contributions mainly in outpatient services. The government has traditionally provided free health care services for immediate and major medical problems, including maternity and geriatric care, through its network of 606 hospitals throughout the country.
The public health service currently administers about 60% of the total cost of health care performed. Government expenditure on health care was Rs 27,500 million (Approximately £175 million in 2003, or 1.5 % of GDP. Of the total investment 80% has been on maintenance of health activities while the remainder went to capital investment. Sri Lanka was rated 76th in a 191-country survey covering the overall quality of the world’s health care systems, carried out recently by the World Health Organisation.
Source: UK Trade and Investment
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