Medical Equipment Global Market Report 2018 Including: In-Vitro Diagnostics; Cardiovascular Devices; Diagnostic Equipment; Orthopedic Devices; Hospital Supplies; Ophthalmic Devices; Nephrology and Urology Devices; Patient Monitoring Devices; Dental Equipment And Supplies; Wound Care Devices; Diabetes Care Devices; Surgical Equipment; ENT Devices; Anesthesia and Respiratory Devices; Neurology Devices Covering: Medtronic plc, Johnson & Johnson Inc., Philips Healthcare, Baxter International Inc., Becton, Dickinson and Company
Feb 2018
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Scope Markets Covered: In-Vitro Diagnostics; Cardiovascular Devices; Diagnostic Equipment; Orthopedic Devices; Hospital Supplies; Ophthalmic Devices; Nephrology and Urology Devices; Patient Monitoring Devices; Dental Equipment And Supplies; Wound Care Devices; Diabetes Care Devices; Surgical Equipment; ENT Devices; Anesthesia and Respiratory Devices; Neurology Devices Companies Mentioned: Medtronic plc, Johnson & Johnson Inc., Philips Healthcare, Baxter International Inc., Becton, Dickinson and Company Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia. Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa Time series: Five years historic and forecast. Data: Ratios of market size and growth to related markets, GDP, Expenditure Per Capita, Medical Equipment Indicators Comparison. Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments. Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Medical Equipment Market Characteristics Medical equipment devices are designed to aid diagnosis, monitoring or treatment of medical conditions. The medical equipment market in this report is segmented into In-vitro diagnostics, cardiovascular devices, diagnostic equipment, orthopedic devices, hospital supplies, ophthalmic devices, nephrology and urology devices, patient monitoring devices, dental equipment and supplies, wound care devices, diabetes care devices, surgical equipment, ENT devices, anesthesia and respiratory devices and neurology devices In-vitro diagnostics segment includes establishments manufacturing in-vitro (i.e., not taken internally) diagnostic substances, such as Cardiovascular devices segment includes products such as Diagnostic Equipment segment includes products such as Orthopedic Devices segment includes products such as Ortho biologics, Hospital Supplies segment includes products such as Ophthalmic Devices segment includes establishments manufacturing ophthalmic goods such as Nephrology and Urology Devices segment includes products such as Patient Monitoring Equipment companies manufacture electro medical, electrotherapeutic apparatus such as Dental Equipment’s companies generally manufacture or customize a variety of Wound Care Devices segment includes products such as traditional,
Diabetes Care Devices segment includes products such as Blood Glucose Meter Surgical Equipment’s are specially designed tools or devices which are used in operations to modify biological tissue or to ENT Devices segment includes products such as Hearing Screening, Anesthesia and Respiratory Devices segment includes Neurology Devices segment includes Cerebrospinal Fluid Management Devices Market,
In this report market value is defined as the revenues organizations earn by selling their goods and services within the specified market, based on the price at which they sell. Only goods and services traded between entities are included. The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced.
Medical Equipment Market Historic Growth The global medical equipment market grew from $X billion in 2013 to $X billion in 2017 at a compound annual growth rate (CAGR) of X%. The chart and table below shows the year-on-year growth of the global medical equipment market during 2013 – 2017.
Drivers of the Market:
Restraints on the Market:
Medical Equipment Market Forecast Growth The global medical equipment market is expected to grow from $XX billion in 2017 to $448.2 billion in 2021 at a compound annual growth rate (CAGR) of XX%. The chart and table below shows the year-on-year growth of the global medical equipment market during 2017 - 2021.
Drivers of the Market:
Restraints on the Market:
Medical Equipment Market Segmentation The chart and table below shows the split of the medical equipment market in 2017.
The total market value for medical equipment was $X billion in 2017. The markets that are covered include In-Vitro Diagnostics; Cardiovascular Devices; Diagnostic Equipment; Orthopedic Devices; Hospital Supplies; Ophthalmic Devices; Nephrology and Urology Devices; Patient Monitoring Devices; Dental Equipment And Supplies; Wound Care Devices; Diabetes Care Devices; Surgical Equipment; ENT Devices; Anesthesia and Respiratory Devices; Neurology Devices In-Vitro Diagnostics was the X largest segment in the medical equipment market with X% share of the market. The market value for the in-vitro diagnostics was $X billion in 2017. Cardiovascular Devices made up around X% share of the market. The market value for the cardiovascular devices was $X billion in 2017.
Medical Equipment Market Regional And Country Analysis The Asia Pacific was the largest region in the medical equipment market in 2017, medical equipment for $X billion or X% market share. North America was the x largest region medical equipment for $X billion or X% market share. Western Europe was the x largest region medical equipment for $X billion or X% market share.
Medical Equipment Market Competitive Landscape The leading competitors in the global medical equipment market are Medtronic plc, Johnson & Johnson Inc., Philips Healthcare, Baxter International Inc., Becton, Dickinson and Company. The chart and table below displays the percentage market share of the top players in the medical equipment market industry.
Medtronic plc generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year. Johnson & Johnson Inc. generated revenues of $XX billion for the financial year 2016, an XX% decrease from the previous year. Philips Healthcare generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year.
GE Healthcare generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year. Siemens Healthcare generated revenues of $XX billion for the financial year 2017, an XX% increase from the previous year. Danaher Corporation generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year. Baxter International Inc. generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year. Becton, Dickinson and Company generated revenues of $XX billion for the financial year 2017, an XX% decrease from the previous year. Abbott Laboratories generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year. 3M Company generated revenues of $XX billion for the financial year 2016, an XX% increase from the previous year.
Company Profile Medtronic plc Overview Medtronic Plc is the largest in the medical equipment industry in 2017 with a XX% share of the market. Medtronic was founded in 1949 and is headquartered at Minnesota, USA. It develops and manufactures medical technology devices, device-based medical therapies & provides services and markets products. Products and Services It operates in 4 business divisions 1) Cardiac and vascular group 2) Minimally invasive therapies group
3) Restorative therapies group and 4) Diabetes group Cardiac and vascular group Cardiac and vascular group caters to heart health care which includes Minimally invasive therapies group Minimally invasive therapies group provides Surgical Solutions and Restorative therapies group and Restorative therapies group provides therapy in Diabetes group Diabetes division provides diabetic care solutions and Services which include
Strategy The growth strategy of Medtronic involves building synergies and cutting down costs. Example Covidien’s merger with Medtronic. With the merger, it is Financial Performance Medtronic had total revenues of $XX billion for the fiscal year 2016, an XX% increase from the previous year. The company had a market Johnson & Johnson Inc. Overview Products and Services Strategy Financial Performance
Philips Healthcare Overview Products and Services Strategy Financial Performance
Baxter International Inc. Overview Products and Services Strategy Financial Performance
Becton, Dickinson and Company Overview Products and Services Strategy Financial Performance