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The Global Market for Medical Devices, 6th Edition

The Global Market for Medical Devices, 6th Edition

The publication of the sixth edition of Kalorama Information’s Global Market for Medical Devices coincides with a number of changes in the medical device market. A major merger between Medtronic and Covidien has changed market share position, and that merger was not unique. Companies in the device market are merging to build revenue growth and present combined offerings to hospital and physician customers. In Europe as well as the United States, reimbursement challenges and the threat of new legislation looms. Emerging markets once again helped to boost sagging revenues elsewhere, but even some emerging nations are not growing according to expectations.

As part of its market analysis, Global Market for Medical Devices includes discussion of

  • Total Market 2014-2019
  • Market by Region 2014
  • Health Expenditure as Share of GDP, Select Countries
  • US Market Forecast, 2014-2019
  • Significant Country Device Markets (United States, Japan, Germany, China, France, United Kingdom, Italy, Spain, Chile, Canada, Australia, Mexico, South Korea, Turkey, Brazil)
  • Estimated Revenues of Medical Device Market by Competitor
Global Market for Medical Devices examines specific device markets, describing trends and major companies in many fields. The report addresses device category segment markets, analyzing these to help render the total market for medical devices visible. Markets discussed include:
  • Wheelchairs
  • Defibrillators
  • Pacemakers
  • Medical Gloves
  • Advanced Wound Care Devices
  • Catheters
  • Gastrointestinal Devices
  • Minimally Invasive Surgery
  • Patient Monitoring
  • Dialysis
  • MRI
  • Ultrasound
  • Hip and Knee Implants
  • Medical Beds
  • X-Ray and Digital X-Ray
  • Intraocular Lens Devices
  • Infusion Pumps
  • Point of Care Tests
  • Stents
  • Respiratory Devices
  • Critical Care
Further, the report discusses “bellwether companies.” Kalorama has isolated 15 bellwether companies based on revenues and also diversity of medical devices produced, so that changes merely in one area of devices have a mitigated impact on the industry forecast. These bellwether companies are
  • Johnson and Johnson
  • GE Healthcare
  • Medtronic
  • Philips
  • Boston Scientific
  • Becton Dickinson
  • Stryker
  • St. Jude Medical
  • B. Braun
  • Siemens
  • Hill-Rom
  • Smith & Nephew
  • Covidien
  • CareFusion
  • Fresenius Medical
The report discusses as well mergers and acquisitions in selected segments. There were some 65 significant device market mergers and acquisitions in 2014 and early 2015.

The report concludes with 34 company profiles, noting revenues, product launches and selected products. Companies discussed include:
  • Medtronic
  • Johnson & Johnson
  • St. Jude Medical
  • Boston Scientific
  • Stryker Corporation
  • Smith & Nephew, Plc
  • Becton Dickinson &Co.
  • B. Braun
  • Siemens Healthcare
  • GE Healthcare
  • Philips Healthcare
  • Baxter International
  • Cook Medical
  • Mindray Medical
  • Hill-Rom
  • 3M Health Care
  • Toshiba Medical Systems
  • Hospira
  • Fresenius
  • CR Bard
  • CareFusion
  • Terumo Corporation
  • Cardinal Health
  • Biomet
  • Dentsply
  • Coloplast
  • Paul Hartmann AG
  • Teleflex Inc.
  • Haemonetics
  • Zimmer
  • Varian Medical Systems
  • PerkinElmer, Inc.
  • Nobel Biocare
  • Olympus Medical Systems
There are many estimates of the medical device market as a whole that have been published using various methodologies – export and import sales, unit estimates and price averaging – but Kalorama Information considers estimates of manufacturer revenues the most important and valid methodology for business planning. In many of the largest device markets, Kalorama Information has already conducted studies and has examined manufacturer revenue estimates, rendering the total market visible. This report was assembled using data from Kalorama Information's previous medical device reports. 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 a key source of estimates.


  • Executive Summary
    • TOP COMPANIES
    • MERGERS AND ACQUISITIONS
    • MEDICAL DEVICE TAX
      • Table Medical Device Excise Tax Payment of Selected Industry Leaders, 2014 (US millions)
    • SCOPE AND METHODOLOGY
    • CONCLUSIONS
  • Introduction
    • DEFINITION
    • REGULATION IN THE US
      • Classification of Medical Devices
        • Table Approved Devices, 2013-2015
      • 510(k) Process
      • FDA Launches Early Approval Program (EAP)
    • REGULATION IN THE EUROPEAN UNION
    • REGULATION IN JAPAN
    • REGULATION IN CHINA
    • TRENDS IN WORLD DEMOGRAPHICS
    • GLOBAL AGING POPULATION
    • GROUP PURCHASING ORGANIZATIONS
      • Table GPOs in the United States
    • UNIQUE DEVICE IDENTIFIER (UDI)
      • Table Compliance Dates for UDI Requirements
    • FDA FINES
    • HOSPITALMARKET UPDATE
      • A Look at Representative Hospital Chains
      • Leading For-Profit U.S. Hospital Chains, 2008 and 2010
    • MEDICAL DEVICE TAX
      • Table Medical Device Excise Tax Payment of Selected Industry Leaders, 2014 (US millions)
  • Mergers and Acquisitions
    • SIGNIFICANT DEVICE INDUSTRY MERGERS AND ACQUISITIONS
      • BD to Acquire CareFusion
      • Medtronic Acquires Covidien
      • Zimmer to Acquire Biomet
      • Thermo Fisher Acquires Life Technologies
    • M&A IN SELECTED SEGMENTS
      • Neurostimulation Devices
      • Orthopedic Devices
      • Implantable Infusion Pumps
      • Advanced Remote Patient Monitoring
      • IVD, Point of Care Market
        • Table Mergers and Acquisitions in the Medical Device Market, 2014-2015
  • Specific Device Markets
    • MARKET SIZE, SPECIFICMEDICAL DEVICES
      • Table Global Markets for Specific Medical Devices, 2014-2019
    • WHEELCHAIRS
      • Table Selected Wheelchairs Available in the United States
    • DEFIBRILLATORS
    • PACEMAKERS
    • MEDICAL GLOVES
    • ADVANCED WOUND CARE DEVICES
      • Compression and Composite Dressings
        • Table Selected Compression and Composite Dressings and Bandages
    • NEGATIVE PRESSURE WOUND THERAPY
    • CATHETERS
      • Table Selected Negative Pressure Wound Therapy Products
    • GASTROINTESTINAL DEVICES
    • MINIMALLY INVASIVE SURGERY
    • PATIENT MONITORING
    • DIALYSIS
      • Home-Use Machines
      • Hemodialysis Blood Lines/Tubes
      • Dialyzer Market
        • Table Dialyzer Reuse Trends by Country
    • MRI
    • ULTRASOUND
    • HIP AND KNEE IMPLANTS
      • Metal-on-Metal
      • Ceramic
      • Plastic
        • Table Selected Hip Products by Manufacturer, 2014
    • PRODUCTS
      • Implants
        • Table Selected Knee Products by Manufacturer, 2014
    • MEDICAL BEDS
    • X-RAY AND DIGITAL X-RAY
    • INTRAOCULAR LENS DEVICES
    • INFUSION PUMPS
    • POINT OF CARE TESTS
    • STENTS
    • RESPIRATORY DEVICES
    • CRITICAL CARE ANALYSIS
  • Bellwether Companies
    • REVENUE PERFORMANCE - 15 BELLWETHER COMPANIES
      • Table Revenue Performance, Bellwether Companies, 2014 vs. 2013 (US billions)
    • US VERSUS INTERNATIONAL SALES
      • Table Percent of Sales from US, 2013 and 2014
    • INVESTMENT IN RESEARCH AND DEVELOPMENT
      • Table Research and Development Spending, Bellwether Companies (US millions)
      • Table Research and Development Spending as a Percentage of Revenues, Bellwether Companies
  • Market Analysis
    • SIZE AND GROWTH
    • MARKET BY REGION
    • MARKET BY COUNTRY
      • Table Significant Country Device Markets (United States, Japan, Germany, China, France, United Kingdom, Italy, Spain, Chile, Canada, Australia, Mexico, South Korea, Turkey, Brazil) (US billions)
    • RANKING OF TOP COMPANIES
  • Company Profiles
    • MEDTRONIC
      • Covidien Merger
      • Divisional Performance
      • Cardiac and Vascular Group Division
      • Restorative Therapies Group
      • Diabetes Group
      • Acquisitions
    • JOHNSON&JOHNSON
      • Divesture of Ortho Clinical Diagnostics
      • Segment Results
      • Product Launches
      • Acquisitions
    • ST. JUDEMEDICAL
      • Product Launches
      • Mergers and Acquisitions
    • BOSTON SCIENTIFIC
      • Product Launches
      • Mergers and Acquisitions
    • STRYKER CORPORATION
      • Acquisitions
    • SMITH&NEPHEW, PLC
      • Acquisitions
      • Product Launches
    • BECTON DICKINSON &CO.
      • Product Launches
      • Mergers and Acquisitions
    • B. BRAUN
    • SIEMENS HEALTHCARE
      • Product Launches
    • GE HEALTHCARE
      • Product Launches
    • PHILIPS HEALTHCARE
      • Mergers & Acquisitions
    • BAXTER INTERNATIONAL
      • Product Launches
    • COOKMEDICAL
      • Product Launches
    • MINDRAYMEDICAL
    • HILL-ROM
      • Acquisitions
      • Product Launches
    • 3M HEALTH CARE
    • TOSHIBAMEDICAL SYSTEMS
    • HOSPIRA
    • FRESENIUS
      • Financial Performance and Products
    • CR BARD
      • Product Launch
    • CAREFUSION
    • TERUMO CORPORATION
    • CARDINAL HEALTH
      • Acquisitions
    • BIOMET
      • Product Launches
      • Products and Services
      • Key Competitors
      • Growth Strategy
      • Locations
    • DENTSPLY
    • COLOPLAST
      • Product Launches
    • PAUL HARTMANN AG
    • TELEFLEX INC.
      • Product Launches
    • HAEMONETICS
      • Acquisitions
      • Product Launches
    • ZIMMER
      • Acquisitions
      • Growth Strategy
      • Product Launch
    • VARIAN MEDICAL SYSTEMS
      • Product Launches
      • Acquisitions
    • PERKINELMER, INC.
      • Product Launches
      • Acquisition
    • NOBEL BIOCARE
      • Product Launches
    • OLYMPUS MEDICAL SYSTEMS
      • Product Launches

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