This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/29/2019

Overview
 

Republic of Cyprus:

For many years, Cyprus was the only EU member state without universal health coverage but the ROC finally launched a new National Health Insurance Scheme (NHIS) in April 2019.  Despite some initial problems, efforts continue to integrate more private clinics, doctors, and pharmacists into the system.  Its first phase of implementation began on June 1, 2019.  The ROC does not have a domestic medical equipment manufacturing industry and about 90 percent of all medical equipment is imported from EU countries.  It does, however, have a large manufacturing industry for generic pharmaceuticals, which welcomes related U.S. products and equipment.  Clinical laboratory testing facilities are expected to increase as a result of the new system.

Area Administered by Turkish Cypriots:
Turkish Cypriot health “authorities” attempt to harmonize health “legislation” with EU standards.  They follow World Health Organization international health regulations and have worked with counterparts in the ROC to address global issues such as Ebola.
 

Leading Sub Sectors and Opportunities


Medical Cannabis Licensing Tender:
In July 2017, the Council of Ministers approved a bill, which will allow the cultivation and trade of medical cannabis.  The ROC will grant three licenses through a tendering process expected within 2019.  

National Health Insurance Scheme Related Tenders:
Two major tenders for the implementation of the NHIS are currently in progress, namely the “ROLLOUT of Integrated Health Care Information System (IHCIS)” and the “Digitization of Medical Records of the Nicosia General Hospital.”  The two tenders call for applications for electronic medical record systems, health care information systems, business intelligence for health, electronic content management, and decision support and knowledge management.  Tools will include software and hardware devices as well as equipment.  Interested companies for the “ROLLOUT” tender have until July 1, 2019, to submit their offer while the “DIGITIZATION” tender has not been announced yet.
 

Area Administered by Turkish Cypriots:

Medical devices, medical disposables, and medical equipment are developing markets in the Area Administered by Turkish Cypriots.

 

Web Resources

Republic of Cyprus
Ministry of Health
 Health Insurance Organization  
Purchasing and Supply Directorate
Treasury – Public Procurement Directorate / eProcurement
Cyprus Medical Devices Competent Authority (Website only available in the Greek language).
Medical and Public Health Services

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