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Global Market for Medical Equipment - Analysis and Forecast 2010-2020

Global Market for Medical Equipment - Analysis and Forecast 2010-2020

The global medical equipment industry has been posting a good rate of growth in last couple of years. In spite of the economic recession, the industry continued to grow at a steady pace. Dominated by the sector of disposable equipments that accounted for almost 40% of the market in 2015 the global medical equipment industry is dominated by the United States, followed by Europe and Asia Pacific. In Asia Pacific, China leads the industry along with Japan and South Korea. India makes up a small portion of the Asia Pacific market.

The industry is dominated by large, multinational players while there are limited buyers, leading to an increased negotiating power of the industry buyers. Since the supplier companies are large scale, they generally have a control over the price and quality of raw materials. High entry barriers to the industry also make it difficult for new players enter the market.

Leading multinational players in the global medical equipment industry include Abbott Laboratories, Boston Scientific Corporation, Danaher Corporation, GE Healthcare, Johnson & Johnson, and many others. By the end of 2020, the global medical equipment industry is expected to have a value of over USD 500 billion.

Aruvian Research analyzes the global medical equipment industry in its research report Global Market for Medical Equipment – Analysis and Forecast 2010-2020. The report begins with an industry definition followed by an analysis of the global medical equipment industry. The global market for medical equipment is analyzed through an industry profile, an analysis of industry growth by value, industry segmentation by product categories and geographic regions, and an industry forecast till 2020. Data analyzed in the report ranges from 2011 till 2020.

The market for medical equipment in Asia Pacific and Europe is analyzed through an industry profile, market growth by value, industry segmentation and an industry forecast.

Furthermore, the global medical equipment industry is analyzed through a Porter's Five Forces Strategy analysis. The analysis looks at the bargaining power of buyers and suppliers, competitive rivalry in the industry, threat of new entrants to the industry and the threat of substitutes to the industry.

Moving on to the analysis of the key medical equipment markets, we analyze the market in Belgium, Canada, China, France, Germany, Italy, Japan, Netherlands, Spain, United Kingdom and the United States. Each market is analyzed through an industry profile, industry growth analysis by value, industry segmentation by product categories and geographic segments and an industry forecast.

Major industry players in the global market for medical equipment are analyzed through a corporate analysis, a financial analysis and a SWOT analysis. Companies analyzed include Abbott Laboratories, Baxter International, Beckman Coulter, Boston Scientific, C R Bard, Danaher Corporation, GE Healthcare, Siemens Healthcare, Hill-Rom Holdings, Medtronic Plc, and others. We analyze over 45 companies in the research report.

This in-depth market research report – Global Market for Medical Equipment – Analysis & Forecast 2010-2020, from Aruvian Research is ideal for professionals involved at any stage of the global medical equipment value chain as well as for investors and researchers.


A. Executive Summary
B. Industry Definition
C. Global Market for Medical Equipment
C.1 Industry Profile
C.2 Growth by Value
C.3 Industry Segmentation
C.4 Global Market for Medical Equipment: Forecast
D. Global Market for Medical Equipment: Porter’s Five Forces Strategy Analysis
D.1 Introduction
D.2 Bargaining Power of Buyers
D.3 Bargaining Power of Suppliers
D.4 Competitive Rivalry in the Industry
D.5 Threat of New Entrants
D.6 Threat of Substitutes
F. Analysis of Key Regions
F.1 Asia Pacific
F.1.1 Industry Profile
F.1.2 Growth by Value
F.1.3 Industry Segmentation
F.1.4 Asia Pacific Medical Equipment Industry: Forecast
F.2 Europe
F.2.1 Industry Profile
F.2.2 Growth by Value
F.2.3 Industry Segmentation
F.2.4 European Medical Equipment Industry: Forecast
G. Key Medical Equipment Markets
G.1 Belgium
G.1.1 Industry Profile
G.1.2 Growth by Value
G.1.3 Industry Segmentation
G.1.4 Belgium Medical Equipment Industry: Forecast
G.2 Canada
G.2.1 Industry Profile
G.2.2 Growth by Value
G.2.3 Industry Segmentation
G.2.4 Canada Medical Equipment Industry: Forecast
G.3 China
G.3.1 Industry Profile
G.3.2 Growth by Value
G.3.3 Industry Segmentation
G.3.4 China Medical Equipment Industry: Forecast
G.4 France
G.4.1 Industry Profile
G.4.2 Growth by Value
G.4.3 Industry Segmentation
G.4.4 France Medical Equipment Industry: Forecast
G.5 Germany
G.5.1 Industry Profile
G.5.2 Growth by Value
G.5.3 Industry Segmentation
G.5.4 Germany Medical Equipment Industry: Forecast
G.6 Italy
G.6.1 Industry Profile
G.6.2 Growth by Value
G.6.3 Industry Segmentation
G.6.4 Italy Medical Equipment Industry: Forecast
G.7 Japan
G.7.1 Industry Profile
G.7.2 Growth by Value
G.7.3 Industry Segmentation
G.7.4 Japan Medical Equipment Industry: Forecast
G.8 Netherlands
G.8.1 Industry Profile
G.8.2 Growth by Value
G.8.3 Industry Segmentation
G.8.4 Netherlands Medical Equipment Industry: Forecast
G.9 Spain
G.9.1 Industry Profile
G.9.2 Growth by Value
G.9.3 Industry Segmentation
G.9.4 Spain Medical Equipment Industry: Forecast
G.10 United Kingdom
G.10.1 Industry Profile
G.10.2 Growth by Value
G.10.3 Industry Segmentation
G.10.4 UK Medical Equipment Industry: Forecast
G.11 United States
G.11.1 Industry Profile
G.11.2 Growth by Value
G.11.3 Industry Segmentation
G.11.4 United States Medical Equipment Industry: Forecast
H. Industry Players
H.1 Abbott Laboratories
H.1.1 Corporate Analysis
H.1.2 Financial Analysis
H.1.3 SWOT Analysis
H.2 Baxter International
H.2.1 Corporate Analysis
H.2.2 Financial Analysis
H.2.3 SWOT Analysis
H.3 Beckman Coulter, Inc.
H.3.1 Corporate Analysis
H.3.2 Financial Analysis
H.3.3 SWOT Analysis
H.4 Boston Scientific Corporation
H.4.1 Corporate Analysis
H.4.2 Financial Analysis
H.4.3 SWOT Analysis
H.5 C R Bard Inc.
H.5.1 Corporate Analysis
H.5.2 Financial Analysis
H.5.3 SWOT Analysis
H.6 Danaher Corporation
H.6.1 Corporate Analysis
H.6.2 Financial Analysis
H.6.3 SWOT Analysis
H.7 Edwards Lifesciences Corporation
H.7.1 Corporate Analysis
H.7.2 Financial Analysis
H.7.3 SWOT Analysis
H.8 Essilor International SA
H.8.1 Corporate Analysis
H.8.2 Financial Analysis
H.8.3 SWOT Analysis
H.9 Fresenius Medical Care AG & Co. KGaA
H.9.1 Corporate Analysis
H.9.2 Financial Analysis
H.9.3 SWOT Analysis
H.10 GE Healthcare
H.10.1 Corporate Analysis
H.10.2 Financial Analysis
H.10.3 SWOT Analysis
H.11 Hill-Rom Holdings, Inc.
H.11.1 Corporate Analysis
H.11.2 Financial Analysis
H.11.3 SWOT Analysis
H.12 ICU Medical, Inc.
H.12.1 Corporate Analysis
H.12.2 Financial Analysis
H.12.3 SWOT Analysis
H.13 Insulet Corporation
H.13.1 Corporate Analysis
H.13.2 Financial Analysis
H.13.3 SWOT Analysis
H.14 Johnson & Johnson
H.14.1 Corporate Analysis
H.14.2 Financial Analysis
H.14.3 SWOT Analysis
H.15 Koninklijke Philips NV
H.15.1 Corporate Analysis
H.15.2 Financial Analysis
H.15.3 SWOT Analysis
H.16 Medtronic PLC
H.16.1 Corporate Analysis
H.16.2 Financial Analysis
H.16.3 SWOT Analysis
H.17 Medline Industries, Inc.
H.17.1 Corporate Analysis
H.17.2 Financial Analysis
H.17.3 SWOT Analysis
H.18 Mindray Medical International Limited
H.18.1 Corporate Analysis
H.18.2 Financial Analysis
H.18.3 SWOT Analysis
H.19 Siemens Healthcare
H.19.1 Corporate Analysis
H.19.2 Financial Analysis
H.19.3 SWOT Analysis
H.20 Smith & Nephew Plc
H.20.1 Corporate Analysis
H.20.2 Financial Analysis
H.20.3 SWOT Analysis
H.21 STERIS Corporation
H.21.1 Corporate Analysis
H.21.2 Financial Analysis
H.21.3 SWOT Analysis
H.22 St. Jude Medical, Inc.
H.22.1 Corporate Analysis
H.22.2 Financial Analysis
H.22.3 SWOT Analysis
H.23 Stryker Corporation
H.23.1 Corporate Analysis
H.23.2 Financial Analysis
H.23.3 SWOT Analysis
H.24 Terumo Corporation
H.24.1 Corporate Analysis
H.24.2 Financial Analysis
H.24.3 SWOT Analysis
H.25 Thermo Fisher Scientific Inc.
H.25.1 Corporate Analysis
H.25.2 Financial Analysis
H.25.3 SWOT Analysis
H.26 Toshiba Corporation
H.26.1 Corporate Analysis
H.26.2 Financial Analysis
H.26.3 SWOT Analysis
H.27 Welch Allyn, Inc.
H.27.1 Corporate Analysis
H.27.2 Financial Analysis
H.27.3 SWOT Analysis
H.28 Zimmer Biomet Holdings Inc.
H.28.1 Corporate Analysis
H.28.2 Financial Analysis
H.28.3 SWOT Analysis
H.29 Zoll Medical Corporation
H.29.1 Corporate Analysis
H.29.2 Financial Analysis
H.29.3 SWOT Analysis
H.30 Ambu A/S
H.31 Cardiac Science Corporation
H.32 CAS Medical Systems Inc.
H.33 CONMED Corporation
H.34 DexCom, Inc.
H.35 Echo Therapeutics Inc.
H.36 Fukuda Denshi Co. Ltd.
H.37 Getinge AB
H.38 Globus Medical Inc.
H.39 Livanova Plc
H.40 Nevro Corporation
H.41 Nihon Kohden Corporation
H.42 NuVasive, Inc.
H.43 Orthofix International NV
H.44 Straumann Holding AG
H.45 Tandem Diabetes Care Inc.
H.46 Vascular Solutions, Inc.
H.47 Wright Medical Group, Inc.
List of Figures
Figure 1: Growth of the Global Medical Equipment Industry by Value (in USD Billion), 2011-2015
Figure 2: Segmentation of the Global Medical Equipment Industry by Product Categories (%), 2015
Figure 3: Global Medical Equipment Industry Regional Breakdown (%), 2015
Figure 4: Forecast of the Global Market for Medical Equipment (in USD Billion), 2015-2020
Figure 5: Porter's Five Forces Analysis of the Global Market for Medical Equipment
Figure 6: Global Medical Equipment Industry Buyer Power
Figure 7: Global Medical Equipment Industry Supplier Power
Figure 8: Global Medical Equipment Industry Competitive Forces
Figure 9: Global Medical Equipment Industry Threat of New Entrants
Figure 10: Global Medical Equipment Industry Threat of Substitutes
Figure 11: Growth of the Medical Equipment Industry in Asia Pacific by Value (in USD Billion), 2011-2015
Figure 12: Segmentation of the Medical Equipment Industry in Asia Pacific by Product Categories (%), 2015
Figure 13: Share of the Medical Equipment Industry in Asia Pacific by Countries (%), 2015
Figure 14: Forecast of the Asia Pacific Medical Equipment Industry (in USD Billion), 2015-2020
Figure 15: Growth of the European Medical Equipment Industry by Value (in USD Billion), 2011-2015
Figure 16: Segmentation of the European Medical Equipment Industry by Product Categories (%), 2015
Figure 17: Share of the Medical Equipment Industry in Europe by Countries (%), 2015
Figure 18: Forecast of the European Medical Equipment Industry (in USD Billion), 2015-2020
Figure 19: Growth of the Medical Equipment Industry in Belgium by Value (in USD Million), 2011-2015
Figure 20: Segmentation of the Medical Equipment Industry in Belgium by Product Categories (%), 2015
Figure 21: Share of Belgium in the European Medical Equipment Industry (%), 2015
Figure 22: Forecast for the Medical Equipment Industry in Belgium (in USD Million), 2015-2020
Figure 23: Growth of the Medical Equipment Industry in Canada by Value (in USD Million), 2011-2015
Figure 24: Segmentation of the Canadian Medical Equipment Industry by Product Categories (%), 2015
Figure 25: Share of Canada in the Americas Medical Equipment Industry (%), 2015
Figure 26: Forecast of the Medical Equipment Industry in Canada (in USD Million), 2015-2020
Figure 27: Growth of the Medical Equipment Industry in China by Value (in USD Billion), 2011-2015
Figure 28: Segmentation of the Medical Equipment Industry in China by Product Categories (%), 2014
Figure 29: Share of China in the Asia Pacific Medical Equipment Industry (%), 2015
Figure 30: Forecast of the Medical Equipment Industry in China (in USD Billion), 2015-2020
Figure 31: Growth of the Medical Equipment Industry in France by Value (in USD Billion), 2011-2015
Figure 32: Segmentation of the Medical Equipment Industry in France by Product Categories (%), 2015
Figure 33: Share of France in the European Medical Equipment Industry (%), 2015
Figure 34: Forecast of the Medical Equipment Industry in France (in USD Billion), 2015-2020
Figure 35: Growth of the Medical Equipment Industry in Germany by Value (in USD Billion), 2011-2015
Figure 36: Segmentation of the Medical Equipment Industry in Germany by Product Categories (%), 2015
Figure 37: Share of Germany in the European Medical Equipment Industry (%), 2015
Figure 38: Forecast of the Medical Equipment Industry in Germany (in USD Billion), 2015-2020
Figure 39: Growth of the Medical Equipment Industry in Italy by Value (in USD Billion), 2011-2015
Figure 40: Segmentation of the Medical Equipment Industry in Italy by Product Categories (%), 2015
Figure 41: Share of Italy in the European Medical Equipment Industry (%), 2015
Figure 42: Forecast of the Medical Equipment Industry in Italy (in USD Billion), 2015-2020
Figure 43: Growth of the Medical Equipment Industry in Japan by Value (in USD Billion), 2011-2015
Figure 44: Segmentation of the Medical Equipment Industry in Japan by Product Categories (%), 2015
Figure 45: Share of Japan in the Asia Pacific Medical Equipment Industry (%), 2015
Figure 46: Forecast of the Medical Equipment Industry in Japan (in USD Billion), 2015-2020
Figure 47: Growth of the Medical Equipment Industry in the Netherlands by Value (in USD Million), 2011-2015
Figure 48: Segmentation of the Medical Equipment Industry in Netherlands by Product Categories (%), 2015
Figure 49: Share of the Netherlands in the European Medical Equipment Industry (%), 2015
Figure 50: Forecast of the Netherlands Medical Equipment Industry (in USD Million), 2015-2020
Figure 51: Growth of the Medical Equipment Industry in Spain by Value (in USD Million), 2011-2015
Figure 52: Segmentation of the Medical Equipment Industry in Spain by Product Categories (%), 2015
Figure 53: Share of Spain in the European Medical Equipment Industry (%), 2015
Figure 54: Forecast of the Medical Equipment Industry in Spain (in USD Million), 2015-2020
Figure 55: Growth of the Medical Equipment Industry in the UK by Value (in USD Billion), 2011-2015
Figure 56: Segmentation of the Medical Equipment Industry in the UK by Product Categories (%), 2015
Figure 57: Share of the UK in the European Medical Equipment Industry (%), 2015
Figure 58: Forecast of the Medical Equipment Industry in the UK (in USD Billion), 2015-2020
Figure 59: Growth of the Medical Equipment Industry in the US by Value (in USD Billion), 2011-2015
Figure 60: Segmentation of the Medical Equipment Industry in the US by Product Categories (%), 2015
Figure 61: Share of the US in the Global Medical Equipment Industry (%), 2015
Figure 62: Forecast of the Medical Equipment Industry in the US (in USD Billion), 2015-2020
Figure 63: Revenues & Profitability of Abbott Laboratories (in USD Million), 2010-2014
Figure 64: Revenues & Profitability of Baxter International (in USD Million), 2009-2013
Figure 65: Revenues & Profitability of Boston Scientific Corporation (in USD Million), 2009-2013
Figure 66: Revenues & Profitability of Essilor International SA (in USD Million), 2010-2014
Figure 67: Revenues & Profitability of Fresenius Medical Care (in USD Million), 2010-2014
Figure 68: Revenues & Profitability of Johnson & Johnson (in USD Million), 2010-2014
Figure 69: Revenues & Profitability of Medtronic Plc (in USD Million), 2011-2015
Figure 70: Revenues & Profitability of Mindray Medical International Limited (in USD Million), 2010-2014
Figure 71: Revenues & Profitability of Siemens Healthcare (in USD Million), 2011-2015
Figure 72: Revenues & Profitability of Smith & Nephew Plc (in USD Million), 2010-2014
Figure 73: Revenues & Profitability of Terumo Corporation (in USD Million), 2011-2015
Figure 74: Revenues & Profitability of Toshiba Corporation (in USD Million), 2011-2015
List of Tables
Table 1: Growth of the Global Medical Equipment Industry by Value (in USD Billion), 2011-2015
Table 2: Segmentation of the Global Medical Equipment Industry by Product Categories (in USD Billion & %), 2015
Table 3: Global Medical Equipment Industry Regional Breakdown (in USD Billion & %), 2015
Table 4: Forecast of the Global Market for Medical Equipment (in USD Billion), 2015-2020
Table 5: Growth of the Medical Equipment Industry in Asia Pacific by Value (in USD Billion), 2011-2015
Table 6: Segmentation of the Medical Equipment Industry in Asia Pacific by Product Categories (in USD Billion & %), 2015
Table 7: Share of the Medical Equipment Industry in Asia Pacific by Countries (in USD Billion & %), 2015
Table 8: Forecast of the Asia Pacific Medical Equipment Industry (in USD Billion), 2015-2020
Table 9: Growth of the European Medical Equipment Industry by Value (in USD Billion), 2011-2015
Table 10: Segmentation of the European Medical Equipment Industry by Product Categories (in USD Billion & %), 2015
Table 11: Share of the Medical Equipment Industry in Europe by Countries (in USD Billion & %), 2015
Table 12: Forecast of the European Medical Equipment Industry (in USD Billion), 2015-2020
Table 13: Growth of the Medical Equipment Industry in Belgium by Value (in USD Million), 2011-2015
Table 14: Segmentation of the Medical Equipment Industry in Belgium by Product Categories (in USD Million & %), 2015
Table 15: Share of Belgium in the European Medical Equipment Industry (in USD Million & %), 2015
Table 16: Forecast for the Medical Equipment Industry in Belgium (in USD Million), 2015-2020
Table 17: Growth of the Medical Equipment Industry in Canada by Value (in USD Million), 2011-2015
Table 18: Segmentation of the Canadian Medical Equipment Industry by Product Categories (in USD Million & %), 2015
Table 19: Share of Canada in the Americas Medical Equipment Industry (in USD Million & %), 2015
Table 20: Forecast of the Medical Equipment Industry in Canada (in USD Million), 2015-2020
Table 21: Growth of the Medical Equipment Industry in China by Value (in USD Billion), 2011-2015
Table 22: Segmentation of the Medical Equipment Industry in China by Product Categories (in USD Billion & %), 2014
Table 23: Share of China in the Asia Pacific Medical Equipment Industry (in USD Billion & %), 2015
Table 24: Forecast of the Medical Equipment Industry in China (in USD Billion), 2015-2020
Table 25: Growth of the Medical Equipment Industry in France by Value (in USD Billion), 2011-2015
Table 26: Segmentation of the Medical Equipment Industry in France by Product Categories (in USD Billion & %), 2015
Table 27: Share of France in the European Medical Equipment Industry (in USD Billion & %), 2015
Table 28: Forecast of the Medical Equipment Industry in France (in USD Billion), 2015-2020
Table 29: Growth of the Medical Equipment Industry in Germany by Value (in USD Billion), 2011-2015
Table 30: Segmentation of the Medical Equipment Industry in Germany by Product Categories (in USD Billion & %), 2015
Table 31: Share of Germany in the European Medical Equipment Industry (in USD Billion & %), 2015
Table 32: Forecast of the Medical Equipment Industry in Germany (in USD Billion), 2015-2020
Table 33: Growth of the Medical Equipment Industry in Italy by Value (in USD Billion), 2011-2015
Table 34: Segmentation of the Medical Equipment Industry in Italy by Product Categories (in USD Billion & %), 2015
Table 35: Share of Italy in the European Medical Equipment Industry (in USD Billion & %), 2015
Table 36: Forecast of the Medical Equipment Industry in Italy (in USD Billion), 2015-2020
Table 37: Growth of the Medical Equipment Industry in Japan by Value (in USD Billion), 2011-2015
Table 38: Segmentation of the Medical Equipment Industry in Japan by Product Categories (in USD Billion & %), 2015
Table 39: Share of Japan in the Asia Pacific Medical Equipment Industry (in USD Billion & %), 2015
Table 40: Forecast of the Medical Equipment Industry in Japan (in USD Billion), 2015-2020
Table 41: Growth of the Medical Equipment Industry in the Netherlands by Value (in USD Million), 2011-2015
Table 42: Segmentation of the Medical Equipment Industry in Netherlands by Product Categories (in USD Million & %), 2015
Table 43: Share of the Netherlands in the European Medical Equipment Industry (in USD Million & %), 2015
Table 44: Forecast of the Netherlands Medical Equipment Industry (in USD Million), 2015-2020
Table 45: Growth of the Medical Equipment Industry in Spain by Value (in USD Million), 2011-2015
Table 46: Segmentation of the Medical Equipment Industry in Spain by Product Categories (in USD Million & %), 2015
Table 47: Share of Spain in the European Medical Equipment Industry (in USD Million & %), 2015
Table 48: Forecast of the Medical Equipment Industry in Spain (in USD Million), 2015-2020
Table 49: Growth of the Medical Equipment Industry in the UK by Value (in USD Billion), 2011-2015
Table 50: Segmentation of the Medical Equipment Industry in the UK by Product Categories (in USD Billion & %), 2015
Table 51: Share of the UK in the European Medical Equipment Industry (in USD Billion & %), 2015
Table 52: Forecast of the Medical Equipment Industry in the UK (in USD Billion), 2015-2020
Table 53: Growth of the Medical Equipment Industry in the US by Value (in USD Billion), 2011-2015
Table 54: Segmentation of the Medical Equipment Industry in the US by Product Categories (in USD Billion & %), 2015
Table 55: Share of the US in the Global Medical Equipment Industry (in USD Billion & %), 2015
Table 56: Forecast of the Medical Equipment Industry in the US (in USD Billion), 2015-2020
Table 57: Key Financials of Abbott Laboratories (in USD Million), 2010-2014
Table 58: Key Financials of Baxter International (in USD Million), 2009-2013
Table 59: Key Financials of Boston Scientific Corporation (in USD Million), 2009-2013
Table 60: Key Financials of Essilor International SA (in USD Million), 2010-2014
Table 61: Key Financials of Fresenius Medical Care (in USD Million), 2010-2014
Table 62: Key Financials of Johnson & Johnson (in USD Million), 2010-2014
Table 63: Key Financials of Medtronic Plc (in USD Million), 2011-2015
Table 64: Key Financials of Mindray Medical International Limited (in USD Million), 2010-2014
Table 65: Key Financials of Siemens Healthcare (in USD Million), 2011-2015
Table 66: Key Financials of Smith & Nephew Plc (in USD Million), 2010-2014
Table 67: Key Financials of Terumo Corporation (in USD Million), 2011-2015
Table 68: Key Financials of Toshiba Corporation (in USD Million), 2011-2015

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