The Top 10 Buyers Issues in Pakistan’s Surgical Instruments Industry
The Pakistani Surgical Tools Industry dates back more than a century, when a few British doctors had their surgical instruments fixed by expert Sialkot artisans, laying the foundation for the Sialkot Surgical Industry.
The surgical tool industry is primarily concentrated in and around Sialkot’s outskirts. Sialkot is the center of about 99 percent of the country’s production. There are about 3500 companies in this industry.
Pakistan is one of the most important countries in the world for manufacturing and exporting high-quality surgical tools.
The United States, Germany, the United Kingdom, France, Italy, the United Arab Emirates, Japan, Brazil, Mexico, and Russia are the top ten buyers. The United States is the largest market for disposable instruments, whereas the European Union imports the bulk of reusable instruments. Pakistan’s direct surgical tool exports to China are also increasing.
Some foreign firms are said to have closed production facilities in their home countries in order to source the best items from Pakistan’s world-class artisans.
Pakistan’s Surgical Instruments Industry Issues
According to industry insiders, the surgical industry is plagued by a slew of issues. These include anything from marketing to technological adoption. Due to an inability to build local brands, marketing is a major issue. Another big hindrance is the lack of energy. In order to stay current with shifting patterns in medical sciences, neither industry nor the government spends cash for R&D to invent new goods.
There is no institute for human resource development. Because 95 percent of the surgical industry is comprised of small and medium-sized businesses, a shared facilities centre is required to cut production costs.
Sialkot’s position as a top exporter of surgical tools could be jeopardized by competition from China and Mexico in the near future. Not only do these countries offer inexpensive labour, but they also have superior technology for innovation and better production materials.
Under its so-called preferential trade agreements, the government has likewise failed to win direct market access for these products. According to several industry insiders, Germany has shuttered its own factories and is now outsourcing manufacture to Sialkot.
COVID-19’s Impact on Pakistan’s Surgical Instruments Industry
Pakistan’s surgical sector is on on exports; the epidemic has caused turmoil in Pakistan’s most important export markets, causing purchasers to close down and shipments to be delayed or cancelled entirely. The business is particularly reliant on imported steel, which has been hampered by the shutdown and general slowdown. Furthermore, enterprises stated that demurrage charges were excessive since shipments could not be cleared.