This is a best prospect industry sector for this country. Includes a market overview and trade data.
Overview
The Azerbaijan healthcare system has made important structural changes with the full implementation of mandatory health insurance in 2021. As a result of this program, government investment has been more focused on ensuring broad access to basic health care and less on modernizing and subsidizing equipment for public hospitals. Private hospitals are common for those who can afford to pay. As of 2020 there were 1,174 hospitals in Azerbaijan, 656 of which are private. There is U.S. business presence particularly with hospital equipment.
Importation of medical equipment and pharmaceuticals is relatively straight forward. Registration and permitting is governed by the Law of the Republic of Azerbaijan on Medicinal Products, which covers pharmaceutical products, medical devices, and other items. To import medical products into Azerbaijani the product must be registered with the relevant executive authority.