1 Table of Contents 3
1.1 List of Tables 9
1.2 List of Figures 11
2 Introduction 13
2.1 What is this report about? 13
2.2 Definitions 13
2.2.1 Ophthalmic Devices 13
3 Company Snapshot 14
3.1 Key Information 14
3.2 Company Overview 14
3.3 Financial Performance 14
3.4 SWOT Snapshot 14
4 Business Description 15
4.1 Business Overview 15
4.2 Diagnosis 15
4.2.1 Overview 15
4.2.2 Financials 15
4.2.3 Capital Expenditure 15
4.2.4 Market View 15
4.2.5 Key Strategies 15
4.3 Laser and IOL 16
4.3.1 Overview 16
4.3.2 Financials 16
4.3.3 Capital Expenditure 16
4.3.4 Key Strategies 16
4.4 Service 16
4.4.1 Overview 16
4.4.2 Financials 16
4.4.3 Capital Expenditure 16
4.4.4 Key Strategies 16
4.5 Major Products and Services 17
4.5.1 Overview 17
5 Business Strategy 18
5.1 Mission Statement 18
5.2 Strategy 18
5.3 Corporate Social Responsibility 18
5.3.1 Overview 18
6 Value Chain Analysis 19
6.1 Manufacturing 19
6.1.1 In House Manufacturing 19
6.1.2 Outsourcing 20
6.2 Product Development 20
6.2.1 Regulatory Approvals 20
6.2.2 Clinical Trials 20
6.2.3 Research and Development 20
6.3 Sales and Marketing 21
6.3.1 Partnerships and Alliances 21
6.3.2 Licensing Agreements 21
7 SWOT Analysis 22
7.1 Overview 22
7.2 Carl Zeiss Meditec AG Strengths 22
7.2.1 Strong market position 22
7.2.2 Robust financial performance 22
7.2.3 Presence in geographically diverse markets 23
7.3 Carl Zeiss Meditec AG Weaknesses 23
7.3.1 Lower inventory turnover ratio 23
7.3.2 Dependence on affiliated companies and external suppliers 23
7.4 Carl Zeiss Meditec AG Opportunities 23
7.4.1 Acquisition of Carl Zeiss Surgical 23
7.4.2 Aging population 24
7.5 Carl Zeiss Meditec AG Threats 24
7.5.1 Industry consolidation 24
7.5.2 Legal proceedings 24
7.5.3 Regulatory requirements 25
8 Competitors 26
9 Carl Zeiss Meditec AG Medical Equipment Market Share Analysis 27
9.1 Carl Zeiss Meditec AG, Global, Market Share (2006) 27
9.2 Carl Zeiss Meditec AG, APAC, Market Share (2006) 28
9.3 Carl Zeiss Meditec AG, Europe, Market Share (2006) 38
9.4 Carl Zeiss Meditec AG, MEA, Market Share (2006) 58
9.5 Carl Zeiss Meditec AG, North America, Market Share (2006) 63
9.6 Carl Zeiss Meditec AG, SCA, Market Share (2006) 66
10 Revenue Analysis 71
10.1 Revenue by Segment 71
10.2 Revenue by Geography 71
11 Financial and Operational Review 73
11.1 Financial Statements 73
11.2 Financial Ratios 74
12 Key Employees 75
13 Key Employee Biographies 76
14 Company Statement 77
15 Locations And Subsidiaries 79
15.1 Head Office 79
15.2 Other Locations & Subsidiaries 79
16 Financial Deals Landscape 82
16.1 Carl Zeiss Acquires Acri.Tec 82
16.2 Advanced Medical Optics Signs An Agreement With Carl Zeiss Meditec 83
16.3 Carl Zeiss Meditec Acquires 5% Shareholding In Wavelight 84
16.4 Carl Zeiss Meditec Acquires IOLTECH 86
16.5 Carl Zeiss Meditec And PULSION Medical Systems Enter Into Licensing Agreement 87
17 Recent Developments 89
17.1 Mar 27, 2008: Grand Opening: Carl Zeiss opens S$30 million demo facility to boost Singapore's R&D excellence 89
17.2 Oct 08, 2007: CZM Appoints New Board Member 90
17.3 Aug 23, 2007: CZM Announces Supervisory Board Changes 90
17.4 Aug 08, 2007: CZM First Nine Months 2007 Results 91
17.5 Mar 01, 2007: CZM Reports Fiscal 2005/06 Results 92
17.6 Feb 14, 2007: CZM Reports Q1 2006/07 Results 93
17.7 Nov 13, 2006: CZM Lawsuit with IntraLase 94
17.8 Oct 13, 2006: CZM Wins Against Complainants In Court 95
17.9 Sep 11, 2006: CZM Appoints Executive Board Member 96
18 Carl Zeiss Meditec AG Pipeline Products 97
18.1 IOL Master 97
18.1.1 Product Overview 97
18.1.2 Product Description 97
18.1.3 Product Status 97
18.2 VISULAS 690 PLUS 97
18.2.1 Product Overview 97
18.2.2 Product Description 97
18.2.3 Product Status 98
18.3 Multifocal IOL 98
18.3.1 Product Overview 98
18.3.2 Product Description 98
18.3.3 Product Status 98
18.4 New laser system 98
18.4.1 Product Overview 98
18.4.2 Product Description 98
18.4.3 Product Status 98
18.5 VISUCAM platform(New applications) 99
18.5.1 Product Overview 99
18.5.2 Product Description 99
18.5.3 Product Status 99
19 Appendix 100
19.1 Global Markets Direct Research Methodology 100
19.2 Coverage 101
19.3 Secondary Research 102
19.4 Primary Research 102
19.5 Models 103
19.6 Forecasts 103
19.7 Expert Panels 104
19.8 Market Revenue Chapters 104
19.8.1 Abbreviations 104
19.8.2 Currency Conversions 105
19.9 About Global Markets Direct 106
19.10 Contact Us 106
19.11 Disclaimer 106
1.1 List of Tables
Table 1: Carl Zeiss Meditec AG,Key Facts, 2006 14
Table 2: Carl Zeiss Meditec AG, SWOT Analysis, 2006 22
Table 3: Carl Zeiss Meditec AG, Ophthalmic Devices by Category, Global, Revenue ($ mn) and Market Share (%), 2006 27
Table 4: Carl Zeiss Meditec AG, Ophthalmic Devices by category, APAC, Revenue ($ mn) and Market Share (%), 2006 29
Table 5: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Australia, Revenue ($ mn) and Market Share (%), 2006 30
Table 6: Carl Zeiss Meditec AG, Ophthalmic Devices by category, China, Revenue ($ mn) and Market Share (%), 2006 31
Table 7: Carl Zeiss Meditec AG, Ophthalmic Devices by category, India, Revenue ($ mn) and Market Share (%), 2006 33
Table 8: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Japan, Revenue ($ mn) and Market Share (%), 2006 34
Table 9: Carl Zeiss Meditec AG, Ophthalmic Devices by category, New Zealand, Revenue ($ mn) and Market Share (%), 2006 35
Table 10: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Republic of Korea, Revenue ($ mn) and Market Share (%), 2006 36
Table 11: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Taiwan, Revenue ($ mn) and Market Share (%), 2006 37
Table 12: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Europe, Revenue ($ mn) and Market Share (%), 2006 38
Table 13: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Austria, Revenue ($ mn) and Market Share (%), 2006 39
Table 14: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Belgium, Revenue ($ mn) and Market Share (%), 2006 40
Table 15: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Czech Republic, Revenue ($ mn) and Market Share (%), 2006 41
Table 16: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Finland, Revenue ($ mn) and Market Share (%), 2006 42
Table 17: Carl Zeiss Meditec AG, Ophthalmic Devices by category, France, Revenue ($ mn) and Market Share (%), 2006 43
Table 18: Carl Zeiss Meditec AG, Ophthalmic Devices by Category, Germany, Revenue ($ mn) and Market Share (%), 2006 44
Table 19: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Greece, Revenue ($ mn) and Market Share (%), 2006 45
Table 20: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Hungary, Revenue ($ mn) and Market Share (%), 2006 46
Table 21: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Italy, Revenue ($ mn) and Market Share (%), 2006 47
Table 22: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Netherlands, Revenue ($ mn) and Market Share (%), 2006 48
Table 23: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Norway, Revenue ($ mn) and Market Share (%), 2006 49
Table 24: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Poland, Revenue ($ mn) and Market Share (%), 2006 50
Table 25: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Portugal, Revenue ($ mn) and Market Share (%), 2006 51
Table 26: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Russian Federation, Revenue ($ mn) and Market Share (%), 2006 52
Table 27: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Spain, Revenue ($ mn) and Market Share (%), 2006 53
Table 28: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Sweden, Revenue ($ mn) and Market Share (%), 2006 54
Table 29: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Switzerland, Revenue ($ mn) and Market Share (%), 2006 55
Table 30: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Turkey, Revenue ($ mn) and Market Share (%), 2006 56
Table 31: Carl Zeiss Meditec AG, Ophthalmic Devices by category, United Kingdom, Revenue ($ mn) and Market Share (%), 2006 57
Table 32: Carl Zeiss Meditec AG, Ophthalmic Devices by category, MEA, Revenue ($ mn) and Market Share (%), 2006 58
Table 33: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Egypt, Revenue ($ mn) and Market Share (%), 2006 59
Table 34: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Israel, Revenue ($ mn) and Market Share (%), 2006 60
Table 35: Carl Zeiss Meditec AG, Ophthalmic Devices by category, South Africa, Revenue ($ mn) and Market Share (%), 2006 61
Table 36: Carl Zeiss Meditec AG, Ophthalmic Devices by category, UAE, Revenue ($ mn) and Market Share (%), 2006 62
Table 37: Carl Zeiss Meditec AG, Ophthalmic Devices by category, North America, Revenue ($ mn) and Market Share (%), 2006 63
Table 38: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Canada, Revenue ($ mn) and Market Share (%), 2006 64
Table 39: Carl Zeiss Meditec AG, Ophthalmic Devices by category, United States, Revenue ($ mn) and Market Share (%), 2006 65
Table 40: Carl Zeiss Meditec AG, Ophthalmic Devices by category, SCA, Revenue ($ mn) and Market Share (%), 2006 66
Table 41: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Argentina, Revenue ($ mn) and Market Share (%), 2006 67
Table 42: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Brazil, Revenue ($ mn) and Market Share (%), 2006 68
Table 43: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Chile, Revenue ($ mn) and Market Share (%), 2006 69
Table 44: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Mexico, Revenue ($ mn) and Market Share (%), 2006 70
Table 45: Carl Zeiss Meditec AG, Revenue by Segment, Euro Thousand, 2002-2006 71
Table 46: Carl Zeiss Meditec AG, Revenue by Geography, Euro Thousand, 2002-2006 72
Table 47: Carl Zeiss Meditec AG, Financial Statements, Euro Thousand, 2002-2006 73
Table 48: Carl Zeiss Meditec AG, Financial Ratios, Euro Thousand, 2002-2006 74
Table 49: Carl Zeiss Meditec AG,Key Employees, 2006 75
Table 50: Carl Zeiss Meditec AG, Other Locations 79
Table 51: Carl Zeiss Meditec AG, Subsidiaries 80
Table 52: Carl Zeiss Meditec AG, Subsidiaries(Contd.) 81
Table 53: Abbreviations used in the Market Revenue Chapters 104
Table 54: Currency Conversion used in the Market Revenue Chapters 105
1.1 List of Figures
Figure 1: Carl Zeiss Meditec AG, Value Chain Analysis 19
Figure 2: Carl Zeiss Meditec AG, Ophthalmic Devices by Category, Global, Share of Market (%), 2006 27
Figure 3: Carl Zeiss Meditec AG, Ophthalmic Devices, APAC, Category Revenue Share (%), 2006 28
Figure 4: Carl Zeiss Meditec AG, Ophthalmic Devices by category, APAC, Share of Market (%), 2006 29
Figure 5: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Australia, Share of Market (%), 2006 30
Figure 6: Carl Zeiss Meditec AG, Ophthalmic Devices by category, China, Share of Market (%), 2006 31
Figure 7: Carl Zeiss Meditec AG, Ophthalmic Devices, India, Category Revenue Share (%), 2006 32
Figure 8: Carl Zeiss Meditec AG, Ophthalmic Devices by category, India, Share of Market (%), 2006 33
Figure 9: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Japan, Share of Market (%), 2006 34
Figure 10: Carl Zeiss Meditec AG, Ophthalmic Devices by category, New Zealand, Share of Market (%), 2006 35
Figure 11: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Republic of Korea, Share of Market (%), 2006 36
Figure 12: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Taiwan, Share of Market (%), 2006 37
Figure 13: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Europe, Share of Market (%), 2006 38
Figure 14: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Austria, Share of Market (%), 2006 39
Figure 15: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Belgium, Share of Market (%), 2006 40
Figure 16: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Czech Republic, Share of Market (%), 2006 41
Figure 17: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Finland, Share of market (%), 2006 42
Figure 18: Carl Zeiss Meditec AG, Ophthalmic Devices by category, France, Share of Market (%), 2006 43
Figure 19: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Germany, Share of Market (%), 2006 44
Figure 20: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Greece, Share of Market (%), 2006 45
Figure 21: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Hungary, Share of Market (%), 2006 46
Figure 22: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Italy, Share of Market (%), 2006 47
Figure 23: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Netherlands, Share of Market (%), 2006 48
Figure 24: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Norway, Share of Market (%), 2006 49
Figure 25: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Poland, Share of Market (%), 2006 50
Figure 26: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Portugal, Share of Market (%), 2006 51
Figure 27: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Russian Federation, Share of Market (%), 2006 52
Figure 28: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Spain, Share of Market (%), 2006 53
Figure 29: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Sweden, Share of Market (%), 2006 54
Figure 30: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Switzerland, Share of Market (%), 2006 55
Figure 31: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Turkey, Share of Market (%), 2006 56
Figure 32: Carl Zeiss Meditec AG, Ophthalmic Devices by category, United Kingdom, Share of Market (%), 2006 57
Figure 33: Carl Zeiss Meditec AG, Ophthalmic Devices by category, MEA, Share of Market (%), 2006 58
Figure 34: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Egypt, Share of Market (%), 2006 59
Figure 35: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Israel, Share of Market (%), 2006 60
Figure 36: Carl Zeiss Meditec AG, Ophthalmic Devices by category, South Africa, Share of Market (%), 2006 61
Figure 37: Carl Zeiss Meditec AG, Ophthalmic Devices by category, UAE, Share of Market (%), 2006 62
Figure 38: Carl Zeiss Meditec AG, Ophthalmic Devices by category, North America, Share of Market (%), 2006 63
Figure 39: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Canada, Share of Market (%), 2006 64
Figure 40: Carl Zeiss Meditec AG, Ophthalmic Devices by category, United States, Share of Market (%), 2006 65
Figure 41: Carl Zeiss Meditec AG, Ophthalmic Devices by category, SCA, Share of Market (%), 2006 66
Figure 42: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Argentina, Share of Market (%), 2006 67
Figure 43: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Brazil, Share of Market (%), 2006 68
Figure 44: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Chile, Share of Market (%), 2006 69
Figure 45: Carl Zeiss Meditec AG, Ophthalmic Devices by category, Mexico, Share of Market (%), 2006 70
Figure 46: Global Markets Direct Methodology 101