Global Medical Device Industry 2012-2017: Trend, Profit, and Forecast Analysis

• Publication date: July 2012

The global medical device industry has experienced significant growth over the last five years and is expected to continue, reaching approximately US $302 billion in 2017 with a CAGR of 6.1% during next six years (2011-2017). Lucintel, a leading global management consulting and market research firm, has analyzed the global medical device industry and presents its findings in “Global Medical Device Industry 2012-2017: Trend, P...

The global medical device industry has experienced significant growth over the last five years and
is expected to continue, reaching approximately US $302 billion in 2017 with a CAGR of 6.1%
during next six years (2011-2017).

Lucintel, a leading global management consulting and market research firm, has analyzed the
global medical device industry and presents its findings in “Global Medical Device Industry
2012-2017: Trend, Profit, and Forecast Analysis.”

The medical device industry is comprised of surgical, cardiovascular, home healthcare, general
medical and other devices. The industry is highly fragmented, and North America dominates with
46% of the global market. High competitive rivalry prevails with low to moderate barrier for entry
into the industry.

Increased global competitiveness and government regulation and a lack of qualified manpower
related to medical devices are some of the challenges facing the Medical Device industry. As per
the study, technological advancements may lead to nanotechnology applications and use of
surgical robots as a new segment entering the medical device industry. These new segments are
expected to improve the prospects for the market. Infrastructural development such as
construction of hospitals and clinics and urbanization is expected to drive the growth of the
medical device industry to new horizons.

APAC is projected to lead the market and grow at the highest CAGR during the forecast period.
India and China are expected to be the driving countries.

The cardiovascular segment is anticipated to witness growth due to an increase in the number of
heart patients. Surgical and infection control and general medical Devices are the most lucrative
segments for companies in APAC.

Lucintel’s report is a cost-effective tool that depicts an overview of the global medical device
industry. The report tracks five industry segments for four regions – thus it tracks twenty
segments. This report includes a study on the medical device industry but does not include
orthopedic, in-vitro diagnostic, technical aids, and other equipment.
This comprehensive guide from Lucintel provides readers with valuable information and the tools
needed to successfully drive critical business decisions with a thorough understanding of the
market’s potential. This report can save Lucintel’s clients hundreds of hours in personal research
time on a global market. It also offers significant benefits in expanding business opportunities
throughout the global medical device industry .In a fast-paced ever-changing world, business
leaders need every advantage available to them in a timely manner to drive change in the market
and to stay ahead of their competition. This report provides business leaders with a keen
advantage in this regard by making them aware of emerging trends and demand requirements on
an annual basis.

Features and Scope of this Report:

To make any investment or strategic decision, adequate and timely information is essential. This
market report fulfills this core need. Some of the features of this market report are:
• Industry size estimates in US dollar value by segment and by region
• The global medical device industry annual trend (2006-2011) and forecast (2012-2017)
• Porter’s Five Force analysis
• New product launches and M&A activity in the industry
• Quarterly demand trends (Q1 2010–Q4 2011)and forecast analysis (Q1 2012–Q4 2012)
for the global medical device industry
• Gross and net profit trends in the global medical device industry
• Cost structure trends in the global medical device industry as well as by region

Global Medical Devices Industry

Table of Contents
1. Executive Summary
2. Industry Definition and Scope
3. Industry Overview
4. Global Macroeconomic Overview
5. Industry Trends
6. Industry Forecasts
7. Emerging Trends
8. Conclusions

List of Figures
CHAPTER 3. Industry Overview
Figure 3.1: External forces shaping global medical device industry
CHAPTER 4. Global Macroeconomic Overview
Figure 4.1: Global GDP growth rate trend
Figure 4.2: Global inflation rate trend
Figure 4.3: Global population growth rate trend
Figure 4.4: Global unemployment rate trend
Figure 4.5: Regional GDP growth rate trend
Figure 4.6: Regional inflation rate trend
Figure 4.7: Regional population growth rate trend
Figure 4.8: Regional unemployment rate trend
CHAPTER 5. Industry Trends
Figure 5.1: Global medical device industry annual trend: 2006-2011(US $ B)
Figure 5.2: Global medical device industry regional trend 2006-2011 ($ B)
Figure 5.3: Global medical device industry regional trend 2006-2011 (%)
Figure 5.4: Global medical device industry segment trend: 2006-2011 ($B)
Figure 5.5: Global medical device industry segment trend: 2006-2011 (%)
Figure 5.6: Global medical device industry quarterly trend
Figure 5.7: Global medical device industry profitability trend 2006-2011
Figure 5.8: Global medical device industry revenue per employee trend 2006-2011
Figure 5.9: Cost structure trend in global medical device industry 2006-2011
Figure 5.10: Cost structure trend in North American medical device industry: 2006-2011
Figure 5.11: Cost structure trend in European medical device industry: 2006-2011
Figure 5.12: Cost structure trend in Asia Pacific medical device industry: 2006-2011
Figure 5.13: Top 5 Companies vs. global medical device industry gross profit and net
profit analysis 2011
Figure 5.14: Cash on hand for global medical device industry 2006-2011 ($)
Figure 5.15: Cash on hand for global medical device industry 2006-2011 (%)
Figure 5.16: Total assets for global medical device industry 2006-2011 ($ B)
Figure 5.17: Total assets for global medical device industry 2006-2011 (%)
Figure 5.18: Total debt for global medical device industry 2006-2011 ($ B)
Figure 5.19: Total debt for global medical device industry 2006-2011 (%)
Figure 5.20: Industry shares of top players in global medical device industry in 2006
Figure 5.21: Industry shares of top players in global medical device industry in 2011
Figure 5.22: Global medical device industry 2006 industry share analysis
Figure 5.23: Global medical device industry 2011 industry share analysis
CHAPTER 6. Industry Forecasts
Figure 6.1: Global medical device industry annual forecast 2011-2017 ($ B)
Figure 6.2: Global medical device industry quarterly forecast 2011-2012
Figure 6.3: Global GDP growth rate forecast
Figure 6.4: Global inflation rate forecast
Figure 6.5: Global population growth rate forecast
Figure 6.6: Global unemployment rate forecast
Figure 6.7: Regional GDP growth rate forecast
Figure 6.8: Regional inflation rate forecast
Figure 6.9: Regional population growth rate forecast
Figure 6.10: Regional unemployment rate forecast
Figure 6.11: Global medical device industry regional forecast 2012-2017 ($ B)
Figure 6.12: Global medical device industry regional forecast 2012-2017 (%)
Figure 6.13: Global medical device industry segment forecast 2012-2017 (US $B)
Figure 6.14: Global medical device industry segment forecast 2012-2017 (%)
CHAPTER 7. Emerging Trends
Figure 7.1 Global medical device industry emerging trend
Figure 7.2 Global medical device industry opportunities by region
Figure 7.3 Global medical device industry opportunities by segment

List of Tables
CHAPTER 3. Industry Overview
Table 3.1: Industry parameters of global medical device industry
Table 3.2: Relative industry attractiveness by region
CHAPTER 5. Industry Trends
Table 5.1: Global medical device industry regional growth rate
Table 5.2: Global medical device industry segment growth rate
Table 5.3: Percentage change in cost structure
Table 5.4: Percentage change in cash on hand
Table 5.5: Percentage change in total asset
Table 5.6: Percentage change in debt
Table 5.7: Key companies by highest revenue growth
Table 5.8: Key companies by lowest revenue growth
CHAPTER 6. Industry Forecasts
Table 6.1: Regional growth rate
Table 6.2: Segment growth rate