Updated on 27/01/24
Regulatory Authority: Institue for Medicines and Medical Devices
Link for Regulatory Authority: https://cinmed.me/en/pocetna/
Local Regulation: Law on Medical Devices (“Official Gazette of Montenegro”, No. 24/19)
Overview:
Montenegro heavily relies on imports for its healthcare sector, with significant contributions from Germany, Italy, Austria, Switzerland, and the United States.The Ministry of Health plays a pivotal role in Montenegro’s medical equipment market, overseeing health policy, proposing healthcare budgets and investment programs, and monitoring state-owned health institutions. Presently, all procurements are conducted through the Ministry of Health.
U.S.-manufactured medical equipment is highly regarded in Montenegro, known for its cutting-edge technology, quality, and reliability. Key areas of opportunity for U.S. medical equipment in the Montenegrin market include cardiovascular diagnostic tools, non-invasive surgical devices, anesthesia and intensive care equipment, diagnostic imaging (CTs, MRIs), radiation therapy equipment, ultrasound equipment, urology equipment, laboratory and testing tools, tissue and blood bank equipment, hospital care devices, and hospital information systems.
Classification:
Listing or Registration Requirements:
Documents Required for Registration:
Registration Timeline:90 days
License Validity: 5 years
Special Labelling Requirements:
The information on the outer and inner packaging, and in the instructions for use of medical devices sold in the Montenegrin market must be in the Montenegrin
Market overview:
The projected revenue for Montenegro’s Medical Devices market is set to reach US$55.75 million in 2024. Cardiology Devices emerge as the largest market segment, with an estimated market volume of US$8.86 million in the same year. A steady annual growth rate (CAGR 2024-2028) of 6.41% is expected, paving the way for a market volume of US$71.49 million by 2028.
Who should make this communication:
When to make this communication: Before placing a medical device into the market.
How OMC Medical can assist you with the process
Why Choose Us
Contact us for free consultation: info@omcmedical.co.uk
Our team will be happy to respond your queries. Contact us directly with your questions or for scheduling FREE consultation and we’ll be in touch as soon as possible.
Our team will be happy to respond your queries. Contact us directly with your questions or for scheduling FREE consultation and we’ll be in touch as soon as possible.
Our team will be happy to respond your queries. Contact us directly with your questions or for scheduling FREE consultation and we’ll be in touch as soon as possible.
To launch a medical device in a country, medical devices must comply with the local country’s regulatory requirements. Let us be your trusted partner in bringing your medical devices to the Global market. Contact us today to learn more about how we can assist you in every step of the way.
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