Global Healthcare Equipment and Supplies - Prospects in US & China
Executive Summary
Market for healthcare equipment and supplies is very vast, covering devices used in treatment and services such as hospital care, nursing care, home healthcare etc. It has a great significance over a country’s economy and contributes a major share. With the emergence of private players in the sector and government reforms in many developing countries there is a rising demand for enhanced technology and new methods of treatment.
The increasing gap in quality between public and private healthcare offerings, particularly within the world’s developed nations, added to the increasing costs of healthcare. The US health care equipment & supplies market generated fair results with a negligible slow down in 2009. United States is leading in terms of technology and demand for medical equipment devices, supported by high disposable income and sound economy of the country. In coming years healthcare demand is expected to show a continuous growth rate driven by number of chronic disease and desire to live a healthy life, in which rising income level is the major contributor.
China healthcare equipment and supplies market has a great potential, offering opportunities for foreign players to invest. Saudi Arabia is the largest and most developed market for healthcare, medical equipment and products in the Arab Gulf region, valued at USD~ billion in 2010. In terms of healthcare services Vietnam counts in one of the very strong healthcare market and high potential to grow in near future.
Key Findings
Market for healthcare equipment and supplies is very vast, covering devices used in treatment and services such as hospital care, nursing care, home healthcare etc. It has a great significance over a country’s economy and contributes a major share. With the emergence of private players in the sector and government reforms in many developing countries there is a rising demand for enhanced technology and new methods of treatment.
The increasing gap in quality between public and private healthcare offerings, particularly within the world’s developed nations, added to the increasing costs of healthcare. The US health care equipment & supplies market generated fair results with a negligible slow down in 2009. United States is leading in terms of technology and demand for medical equipment devices, supported by high disposable income and sound economy of the country. In coming years healthcare demand is expected to show a continuous growth rate driven by number of chronic disease and desire to live a healthy life, in which rising income level is the major contributor.
China healthcare equipment and supplies market has a great potential, offering opportunities for foreign players to invest. Saudi Arabia is the largest and most developed market for healthcare, medical equipment and products in the Arab Gulf region, valued at USD~ billion in 2010. In terms of healthcare services Vietnam counts in one of the very strong healthcare market and high potential to grow in near future.
Key Findings
- The global health care equipment & supplies market grew by 2.2% in 2010 to reach a value of USD~ billion driven by aging population, healthcare needs, development of better technology and rising disease level. Further this market is expected to reach USD~ billion by 2014.
- In terms of geography, US hold the highest percentage in the global healthcare equipment and device market reaching to ~% followed by Europe.
- National health expenditures in the US increased at a CAGR 6.33% from 2004 to USD~ billion in 2009.
- In terms of value, the US health care equipment & supplies market generated total revenues of USD~ billion in 2010, with a compound annual growth rate (CAGR) of 5.99% in seven years (2004-2010).
- Disposable equipment & supplies is the largest segment of the health care equipment & supplies market in the United States, accounting for ~% of the market's total value.
- The Chinese health care equipment & supplies market reached to USD ~ billion in 2010, representing a compound annual growth rate (CAGR) of 18.02% from 2004-2010, in comparison to other developing countries in Asia.
- In Asia healthcare equipment and supplies market, Japan is the major contributor accounting for almost ~% of the total market in 2009, closely followed by China ~% while rest of the countries contributes small share.
- In Hong Kong healthcare equipment and device sector, US and Japan are the two major suppliers; US accounting for categories USD~ million and USD~ million; China was the largest supplier for USD~ million, while the U.S was the second largest supplier USD~ million.
- The report offers detailed description of health care equipment and supplies market with industry performance in US, Asia (China, India & Hong Kong) & Saudi Arabia.
- The present report helps to formulate strategies, analyse the global market, scope to grow and to expand the reach in developing regions.
- Discusses industry players positioning, market share, profile and scope for foreign players.
- Data is supplemented with details on the industry past performance, present analysis and future projections; also opportunities present in many countries. Assess market opportunities and Future Outlook of the industry globally and in US, China, India, Hong Kong and Saudi Arabia.
1. GLOBAL HEALTHCARE EQUIPMENT AND SUPPLIES MARKET
1.1 Healthcare Overview
1.2 Market Size and Development
1.3 Market Segmentation
2. US HEALTHCARE EQUIPMENT AND SUPPLIES MARKET
2.1 Healthcare Overview
2.1.1US Medical Expenditures by Category
2.2 Market Size and Development
2.3Market Segmentation by Value
2.3.1US Disposable Device Market
2.4 Market by Geography
2.5US Medical Equipment Device Market
2.5.1 Medical Equipment Market by Product Segmentation
2.6 Industry Players and competition
2.7 Healthcare Equipment and Device Industry Outlook
3. ASIA
3.1China Healthcare Overview
3.1.1 Healthcare Reforms
3.1.2 China Healthcare Equipment and Device Market
3.1.3 by Product Segmentation
3.1.4 by Geography
3.1.5 Industry Players and Competition
3.2 Hong Kong Healthcare Equipment and Devices
3.2.1Market Demand
3.2.2 by Product Segments
3.2.3 by Geography
3.2.4 Present Opportunities
3.3 India Healthcare Equipment and Device Market
3.3.1 Market Size
4. SAUDI ARABIA HEALTHCARE EQUIPMENT AND DEVICES
4.1 Market Development and Trends
4.2 Market Demand and Size
4.3Major Players
5. INDUSTRY TRENDS
5.1 Medical Technology and Developments in Japan
5.2Healthcare Services in Vietnam
5.3 Rising IT Demand in Health Technologies in Greece
5.4 Bright Prospects for Healthcare in Homecare Services
5.5 Emerging economies to drive growth
6. INDUSTRY DRIVING FORCES
6.1 Introduction of New Tools and Devices
6.2 Rising Healthcare expenditures
6.3 Favouring Disposable Income in Developing Countries
6.4 Health Problems Leading Demand for Medical Treatment
6.5 Intensifying Hospital Supplies with Growing Elderly World Population
6.6 Rising Hospital Admissions
6.7 Rising Per Capita Income
7. COMPANY PROFILES
7.1Medtronic Inc
7.1.1 Business Overview
7.1.2 Financial Performance
7.1.3 Business Strategies
7.2 Boston Scientific
7.2.1 Business Overview
7.2.2 Financial Performance
7.2.3 Business Strategies
7.3 Johnson & Johnson
7.3.1Business Overview
7.3.2 Financial Performance
7.3.3 Business Strategies
1.1 Healthcare Overview
1.2 Market Size and Development
1.3 Market Segmentation
2. US HEALTHCARE EQUIPMENT AND SUPPLIES MARKET
2.1 Healthcare Overview
2.1.1US Medical Expenditures by Category
2.2 Market Size and Development
2.3Market Segmentation by Value
2.3.1US Disposable Device Market
2.4 Market by Geography
2.5US Medical Equipment Device Market
2.5.1 Medical Equipment Market by Product Segmentation
2.6 Industry Players and competition
2.7 Healthcare Equipment and Device Industry Outlook
3. ASIA
3.1China Healthcare Overview
3.1.1 Healthcare Reforms
3.1.2 China Healthcare Equipment and Device Market
3.1.3 by Product Segmentation
3.1.4 by Geography
3.1.5 Industry Players and Competition
3.2 Hong Kong Healthcare Equipment and Devices
3.2.1Market Demand
3.2.2 by Product Segments
3.2.3 by Geography
3.2.4 Present Opportunities
3.3 India Healthcare Equipment and Device Market
3.3.1 Market Size
4. SAUDI ARABIA HEALTHCARE EQUIPMENT AND DEVICES
4.1 Market Development and Trends
4.2 Market Demand and Size
4.3Major Players
5. INDUSTRY TRENDS
5.1 Medical Technology and Developments in Japan
5.2Healthcare Services in Vietnam
5.3 Rising IT Demand in Health Technologies in Greece
5.4 Bright Prospects for Healthcare in Homecare Services
5.5 Emerging economies to drive growth
6. INDUSTRY DRIVING FORCES
6.1 Introduction of New Tools and Devices
6.2 Rising Healthcare expenditures
6.3 Favouring Disposable Income in Developing Countries
6.4 Health Problems Leading Demand for Medical Treatment
6.5 Intensifying Hospital Supplies with Growing Elderly World Population
6.6 Rising Hospital Admissions
6.7 Rising Per Capita Income
7. COMPANY PROFILES
7.1Medtronic Inc
7.1.1 Business Overview
7.1.2 Financial Performance
7.1.3 Business Strategies
7.2 Boston Scientific
7.2.1 Business Overview
7.2.2 Financial Performance
7.2.3 Business Strategies
7.3 Johnson & Johnson
7.3.1Business Overview
7.3.2 Financial Performance
7.3.3 Business Strategies
LIST OF CHARTS
Figure: Global Healthcare Equipment and Supplies Market by Value (2009-2014E)
Figure: Healthcare Equipment and Supplies Market by Top Geographies in 2009
Figure: Global Healthcare Equipment and Supplies Market Segmentation in % (2010)
Figure: US National Health Expenditures (2000-2009)
Figure: US Health Expenditures by Sectors in % (2009)
Figure: US Medical Service Expenditures by Category in % (2009)
Figure: US Healthcare Equipment and Supplies Market (2004-2010)
Figure: US Healthcare Equipment and Supplies Market Segmentation by value in % (2009)
Figure: Demand for Medical Disposables in United States (1998-2009)
Figure: US Healthcare Equipment and Supplies Market by Geography in 2009
Figure: US Medical Equipment Demand by Value (2000-2009)
Figure: U.S. Medical Equipment Demand by Segments in 2009
Figure: US Healthcare Equipment and Supplies Market Forecast (2010-2014E)
Figure: China Healthcare Equipment and Supplies Market by value (2004-2010)
Figure: China Healthcare Equipment and Supplies Market by Product Segments in 2010
Figure: Asia Healthcare Equipment and Supplies Market by Geography in 2010
Figure: Urban per capita Disposable Income in China (1998-2007)
Figure: Medical equipment and Device Market and Forecast by value in India (2009, 2010 & 2014E)
Figure: WW Aging Population within age group 55 to 80+ (1996-2010)
Figure: Hospital Admissions in United States 2007
Figure: Boston Scientific Revenues by Net Sales & Gross Profit (2005-2009)
Figure: J&J Net Sales (2004-2009)
Figure: Global Healthcare Equipment and Supplies Market by Value (2009-2014E)
Figure: Healthcare Equipment and Supplies Market by Top Geographies in 2009
Figure: Global Healthcare Equipment and Supplies Market Segmentation in % (2010)
Figure: US National Health Expenditures (2000-2009)
Figure: US Health Expenditures by Sectors in % (2009)
Figure: US Medical Service Expenditures by Category in % (2009)
Figure: US Healthcare Equipment and Supplies Market (2004-2010)
Figure: US Healthcare Equipment and Supplies Market Segmentation by value in % (2009)
Figure: Demand for Medical Disposables in United States (1998-2009)
Figure: US Healthcare Equipment and Supplies Market by Geography in 2009
Figure: US Medical Equipment Demand by Value (2000-2009)
Figure: U.S. Medical Equipment Demand by Segments in 2009
Figure: US Healthcare Equipment and Supplies Market Forecast (2010-2014E)
Figure: China Healthcare Equipment and Supplies Market by value (2004-2010)
Figure: China Healthcare Equipment and Supplies Market by Product Segments in 2010
Figure: Asia Healthcare Equipment and Supplies Market by Geography in 2010
Figure: Urban per capita Disposable Income in China (1998-2007)
Figure: Medical equipment and Device Market and Forecast by value in India (2009, 2010 & 2014E)
Figure: WW Aging Population within age group 55 to 80+ (1996-2010)
Figure: Hospital Admissions in United States 2007
Figure: Boston Scientific Revenues by Net Sales & Gross Profit (2005-2009)
Figure: J&J Net Sales (2004-2009)
LIST OF TABLES
Table: Hong Kong Healthcare Equipment Imports (2004-2008)
Table: Japan Medical Device Market Statistics (2005-2009)
Table: Medtronic Inc Revenues by Business Segments (2009&2010)
Table: Boston Scientific Revenues by Geography (2007-2009)
Table: Hong Kong Healthcare Equipment Imports (2004-2008)
Table: Japan Medical Device Market Statistics (2005-2009)
Table: Medtronic Inc Revenues by Business Segments (2009&2010)
Table: Boston Scientific Revenues by Geography (2007-2009)
