Global Market for Medical Devices, 3rd. Edition
Medical device makers faced a productive but challenging year in 2011. They innovated existing lines, launched new devices and invested in R&D. But they also experienced funding cutbacks and new taxes and regulations. In this report, The Global Market for Medical Devices, 3rd. Edition, Kalorama Information analyzes the current device market in the United States, Europe, Asia and globally, profiles the key players and discusses trends important for market watchers to know.
The medical device market is vast - everything from a large imaging system to a disposable item can be classified as a type of medical device - but also provides opportunity for new entrants. While in dollar terms the pharmaceutical market is greater, the device market has more participants and is responsible for more orders and transactions. Throughout the past decade, Kalorama Information has covered many device markets in detail. Certain areas such as infusion pumps, patient monitoring and catheters have shown promising growth. Others have solid market leaders earning stable revenue.
What are the fastest-growing markets for medical devices? Who are the main participants and what competitive moves did they make in 2011? How have device companies fared in a weaker-than-expected recovery? What impact will US healthcare reform and its new taxes have on the industry in the largest medical device market? How much of the business has shifted out of the US?
This Kalorama Information report answers these questions and examines the global medical device industry and the key competitors participating in it. Combining the expert knowledge of Kalorama Information's reporting on device markets and analysis of 2010 results, the report provides insights into current trends that will be of interest to anyone watching the medical device market. As part of its coverage, the report includes:
The report discusses the regulatory process and proposed changes in major markets, as well as the trends in the industry that are apparent in 2011. It also takes a detailed look at results from 12 'bellwether' companies (chosen for revenues and diversity of product offerings) to glean insights about the larger market from their results in the past year. As part of its coverage of the medical device market, Kalorama profiles some of the top companies in the industry, including:
Kalorama Information has, in many of the largest device markets, already conducted detailed primary and secondary research-based studies and has examined manufacturer revenue estimates, rendering the total market visible. This report was partially assembled using data from Kalorama Information's previous medical device reports.As is the standard methodology with all Kalorama market research reports, both primary and secondary research was used. Research into company annual reports, trade publications, government and medical literature was used as a foundation. Interviews with executives at medical device companies were conducted and are the key source of estimates.
All Kalorama reports advertise the single user price. Use is limited to one user. We also feature department and global pricing for reports that we be utilized by more than one user at your company. Please consult ask your sales representative or select the correct license on our website.
For Kalorama's take on the healthcare news of the week, based on our analysis of healthcare markets, follow Kalorama Information's Key Point Blog at http://kaloramakeypoint.blogspot.com/
The medical device market is vast - everything from a large imaging system to a disposable item can be classified as a type of medical device - but also provides opportunity for new entrants. While in dollar terms the pharmaceutical market is greater, the device market has more participants and is responsible for more orders and transactions. Throughout the past decade, Kalorama Information has covered many device markets in detail. Certain areas such as infusion pumps, patient monitoring and catheters have shown promising growth. Others have solid market leaders earning stable revenue.
What are the fastest-growing markets for medical devices? Who are the main participants and what competitive moves did they make in 2011? How have device companies fared in a weaker-than-expected recovery? What impact will US healthcare reform and its new taxes have on the industry in the largest medical device market? How much of the business has shifted out of the US?
This Kalorama Information report answers these questions and examines the global medical device industry and the key competitors participating in it. Combining the expert knowledge of Kalorama Information's reporting on device markets and analysis of 2010 results, the report provides insights into current trends that will be of interest to anyone watching the medical device market. As part of its coverage, the report includes:
- Current Medical Device Market Size Estimate
- Forecast to 2016
- Discussion of Healthcare Reform and Tax Impact
- Group Purchasing Trends
- 2011 Acquisitions and Mergers
- Regional Breakout of Device Market (US, Europe, Asia, Rest of World)
- Discussion of Hospital Spending, Population and other Trends
- Revenues of Top Device Companies, 2011
- Medical Device Market in Significant Countries (US, China, Germany, Italy, France, Brazil, Japan)
- A Look at Key Device Category Segments (GI Equipment, MRI, Ultrasound, Patient Monitoring, Catheters, Imaging Equipment, Stents, Respiratory Equipment, Pacemakers and Other Areas)
- Profiles of Top Medical Device Companies
- Analyst's Conclusions Concerning the Current Device Market
The report discusses the regulatory process and proposed changes in major markets, as well as the trends in the industry that are apparent in 2011. It also takes a detailed look at results from 12 'bellwether' companies (chosen for revenues and diversity of product offerings) to glean insights about the larger market from their results in the past year. As part of its coverage of the medical device market, Kalorama profiles some of the top companies in the industry, including:
- Johnson & Johnson
- GE Healthcare
- Siemens Healthcare
- CareFusion
- Medtronic
- Baxter International
- Philips Healthcare
- Covidien
- Abbott Laboratories
- Becton Dickinson
- Stryker
- B. Braun
- St. Jude Medical
- 3M Healthcare
- Zimmer
- Toshiba
- Smith & Nephew
- Hospira
- Danaher
- Synthes (J&J)
- Beckman Coulter
- Terumo
- Alcon/Novartis
- Fresenius Medical
- Owens & Minor
- GHX
- Thermo Fisher Scientific Inc
- Smiths Medical
- Boston Scientific
- Roche
- Biomet
- CR Bard
- Dentsply
- Hill-Rom Varian
- Coloplast
- Hartmann AG
- Teleflex
- Haemonetics
Kalorama Information has, in many of the largest device markets, already conducted detailed primary and secondary research-based studies and has examined manufacturer revenue estimates, rendering the total market visible. This report was partially assembled using data from Kalorama Information's previous medical device reports.As is the standard methodology with all Kalorama market research reports, both primary and secondary research was used. Research into company annual reports, trade publications, government and medical literature was used as a foundation. Interviews with executives at medical device companies were conducted and are the key source of estimates.
All Kalorama reports advertise the single user price. Use is limited to one user. We also feature department and global pricing for reports that we be utilized by more than one user at your company. Please consult ask your sales representative or select the correct license on our website.
For Kalorama's take on the healthcare news of the week, based on our analysis of healthcare markets, follow Kalorama Information's Key Point Blog at http://kaloramakeypoint.blogspot.com/
CHAPTER ONE: EXECUTIVE SUMMARY
Size of the Market and Forecast
Top Companies
Scope and Methodology
Conclusions of the Report
CHAPTER TWO: INTRODUCTION
Definition
Classification of Medical Devices
Categorization of Medical Devices
Regulation
United States
Recent Approvals
European Union
EU System and Approval Time
Japan
China
Medical Device Buyers
Trends
Demographics
Mergers And Acquisitions
J&J
Medtronic
Baxter
C R Bard
Group Purchasing Organizations
Medtronic GPO Stand: Other Vendors, Senate React
GAO Study on Med Device Pricing
GHX and Its Impact on Markets
Healthcare Reform: New Customers, New Reporting, New Taxes
Sunshine Act
Medical Device Regulatory Improvement Act
CHAPTER THREE: SPECIFIC DEVICE MARKETS
Market Size, Specific Medical Devices
Gastrointestinal Devices
Orthopedics
Prepackaged Surgical Kits
Catheters
Minimally Invasive Surgery
Patient Monitoring
Dialysis
MRI
Ultrasound
Medical Beds
X-Ray Markets
Eye Disease Markets: Equipment, Supplies, and Devices
Infusion Pumps
Point of Care Tests
Stents
Respiratory Devices
CHAPTER FOUR: BELLWETHER COMPANIES
Bellwether Companies
Revenue Performance vs
Revenue Growth Rate
US versus International Sales
Investment in Research and Development
CHAPTER FIVE: MARKET ANALYSIS
A Challenged Hospital Market
Medicare Cuts
Hospital Decline
U S Hospital Chains
Hospital Consolidation
Aging Population
Market Forecast
Market by Region
Market by Country
Revenues of Top Companies
CHAPTER SIX: COMPANY PROFILES
Johnson & Johnson
GE Healthcare
Siemens Healthcare
CareFusion
Medtronic
Baxter International
Philips Healthcare
Covidien
Abbott Laboratories
Becton Dickinson & Co
Stryker
B Braun
St Jude Medical
M Health Care
Toshiba
Zimmer
Smith & Nephew
Hospira
Danaher
Synthes
Terumo
Alcon (Novartis)
Fresenius Medical
Owens & Minor
GHX
Thermo Fisher Scientific Inc
Smiths Medical
Boston Scientific
Roche
Biomet
CR Bard
Dentsply
Hill-Rom
Varian
Coloplast
Hartmann AG
Teleflex
Haemonetics
LIST OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
Table 1-1 Medical Device Market, 2010-2016
CHAPTER TWO: INTRODUCTION
Table 2-1: 2011 Device Approvals, FDA
Table 2-2: The U.S. Population, 1980-2020
Figure 2-2: The US Population, 1980-2020
Table 2-2: 2011 Medical Device Acquisitions
Table 2-3: GPOs in the US
Figure 2-3: GHX Transactions (billions)
CHAPTER THREE: SPECIFIC DEVICE MARKETS
Table 3-1: Markets for Medical Devices, 2010
Table 3-2: Major Suppliers of Devices (Pacemakers, Ultrasound, MRI, Respiratory, Eye Disease, Syringes, Minimally Invasive, Stents, Catheters, Infusion Pumps, GI Endoscopy, X-Ray, Remote Patient Monitoring, POC Diagnostics, Orthopedic Implants, Medical Beds and Chairs, Wound Care)
CHAPTER FOUR: BELLWETHER COMPANIES
Table 4-1: Revenue Performance, Bellwether Companies 2011 vs. 2010
Figure 4-1 Revenue Growth, Bellwether Companies 2011 vs. 2010
Table 4-2: Percent of Sales in US, 2011 vs. 2010 Bellwether Companies
Table 4-3: R&D Spending, Bellwether Companies
CHAPTER FIVE: MARKET ANALYSIS
Table 5-1: U.S. Registered Hospitals by Type, 2010
Figure 5-1: Number of Hospitals in the US, 1975-2005, Estimated 2015
Figure 5-2: Hospital Mergers
Table 5-2: Select For-Profit U.S. Hospital Chains, 2010 Data
Table 5-3: Percent U.S. Population Over Age 65 by Year
Figure 5-3: Estimated Population by Age Group, 2000 and 2050
Figure 5-4: Market for Global Medical Devices, 2010-2016
Figure 5-5: Regional Breakout of Medical Device Market (US, Europe, Asia, Rest of World)
Figure 5-6: Significant Country Device Markets (US, UK, Australia, Brazil, Japan, Germany, China, Italy, France)
Table 5-4: Estimated Device-Only Revenue of Major Competitors, 2011
Figure 5-7: Estimated Market Share of Medical Device Market by Competitor
Size of the Market and Forecast
Top Companies
Scope and Methodology
Conclusions of the Report
CHAPTER TWO: INTRODUCTION
Definition
Classification of Medical Devices
Categorization of Medical Devices
Regulation
United States
Recent Approvals
European Union
EU System and Approval Time
Japan
China
Medical Device Buyers
Trends
Demographics
Mergers And Acquisitions
J&J
Medtronic
Baxter
C R Bard
Group Purchasing Organizations
Medtronic GPO Stand: Other Vendors, Senate React
GAO Study on Med Device Pricing
GHX and Its Impact on Markets
Healthcare Reform: New Customers, New Reporting, New Taxes
Sunshine Act
Medical Device Regulatory Improvement Act
CHAPTER THREE: SPECIFIC DEVICE MARKETS
Market Size, Specific Medical Devices
Gastrointestinal Devices
Orthopedics
Prepackaged Surgical Kits
Catheters
Minimally Invasive Surgery
Patient Monitoring
Dialysis
MRI
Ultrasound
Medical Beds
X-Ray Markets
Eye Disease Markets: Equipment, Supplies, and Devices
Infusion Pumps
Point of Care Tests
Stents
Respiratory Devices
CHAPTER FOUR: BELLWETHER COMPANIES
Bellwether Companies
Revenue Performance vs
Revenue Growth Rate
US versus International Sales
Investment in Research and Development
CHAPTER FIVE: MARKET ANALYSIS
A Challenged Hospital Market
Medicare Cuts
Hospital Decline
U S Hospital Chains
Hospital Consolidation
Aging Population
Market Forecast
Market by Region
Market by Country
Revenues of Top Companies
CHAPTER SIX: COMPANY PROFILES
Johnson & Johnson
GE Healthcare
Siemens Healthcare
CareFusion
Medtronic
Baxter International
Philips Healthcare
Covidien
Abbott Laboratories
Becton Dickinson & Co
Stryker
B Braun
St Jude Medical
M Health Care
Toshiba
Zimmer
Smith & Nephew
Hospira
Danaher
Synthes
Terumo
Alcon (Novartis)
Fresenius Medical
Owens & Minor
GHX
Thermo Fisher Scientific Inc
Smiths Medical
Boston Scientific
Roche
Biomet
CR Bard
Dentsply
Hill-Rom
Varian
Coloplast
Hartmann AG
Teleflex
Haemonetics
LIST OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
Table 1-1 Medical Device Market, 2010-2016
CHAPTER TWO: INTRODUCTION
Table 2-1: 2011 Device Approvals, FDA
Table 2-2: The U.S. Population, 1980-2020
Figure 2-2: The US Population, 1980-2020
Table 2-2: 2011 Medical Device Acquisitions
Table 2-3: GPOs in the US
Figure 2-3: GHX Transactions (billions)
CHAPTER THREE: SPECIFIC DEVICE MARKETS
Table 3-1: Markets for Medical Devices, 2010
Table 3-2: Major Suppliers of Devices (Pacemakers, Ultrasound, MRI, Respiratory, Eye Disease, Syringes, Minimally Invasive, Stents, Catheters, Infusion Pumps, GI Endoscopy, X-Ray, Remote Patient Monitoring, POC Diagnostics, Orthopedic Implants, Medical Beds and Chairs, Wound Care)
CHAPTER FOUR: BELLWETHER COMPANIES
Table 4-1: Revenue Performance, Bellwether Companies 2011 vs. 2010
Figure 4-1 Revenue Growth, Bellwether Companies 2011 vs. 2010
Table 4-2: Percent of Sales in US, 2011 vs. 2010 Bellwether Companies
Table 4-3: R&D Spending, Bellwether Companies
CHAPTER FIVE: MARKET ANALYSIS
Table 5-1: U.S. Registered Hospitals by Type, 2010
Figure 5-1: Number of Hospitals in the US, 1975-2005, Estimated 2015
Figure 5-2: Hospital Mergers
Table 5-2: Select For-Profit U.S. Hospital Chains, 2010 Data
Table 5-3: Percent U.S. Population Over Age 65 by Year
Figure 5-3: Estimated Population by Age Group, 2000 and 2050
Figure 5-4: Market for Global Medical Devices, 2010-2016
Figure 5-5: Regional Breakout of Medical Device Market (US, Europe, Asia, Rest of World)
Figure 5-6: Significant Country Device Markets (US, UK, Australia, Brazil, Japan, Germany, China, Italy, France)
Table 5-4: Estimated Device-Only Revenue of Major Competitors, 2011
Figure 5-7: Estimated Market Share of Medical Device Market by Competitor