Lucintel Analysis: Portability and Fusion Technology Applications to Drive Growth for Top Five Global Medical Equipment Firms

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Portability and Fusion Technology Applications to Drive Growth for Top Five Global Medical Equipment Firms

Insights that Matter

Insights that Matter

Technology advancements, portability, and fusion technology applications are expected to drive the global medical equipment industry. The industry experienced average growth over the last five years and is expected to reach approximately US $93.6 billion in 2017 with a CAGR of 4.1% over the next five years.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the global medical equipment companies and presents its findings in “Top Five Global Medical Equipment Companies: Performance, Strategies, and Competitive Analysis.” The report provides detailed insight into the performance of the top five companies across the world. The analysis highlights the companies that are performing the best among the peer group, and in which areas, and therefore clarifies leading performance standards and the strengths and weaknesses of companies covered.

The global medical equipment market consists of the total revenues generated through ophthalmic equipment such as retinal cameras and ophthalmoscopes; in vitro diagnostic such as clinical diagnostic and immunoassay; diagnostic imaging equipment including X-ray, MRI, CT scan, and ultrasound; and dental equipment. In this study, Lucintel profiles the following five companies with detailed competitive assessments:

  •     Abbott                
  •     General Electric        
  •     Philips                                                    
  •     Roche        
  •     Siemens            

As per the study, dental equipment was the fastest-growing segment during 2006-2011 as introduction of CAD/CAM systems and laser technology resulted in cost effectiveness and better performance. The proportion of people over 65 years of age is increasing globally, enhancing the propensity of tooth replacement. Asia Pacific is currently a developing region and with improvement in economy, there is good growth potential in future. Governments in many Asian countries are ramping up efforts to increase medical insurance coverage and establish more hospitals

This medical market report is intended to provide industry leaders with a competitive benchmarking of the world’s top five medical equipment companies. The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. It is designed to provide executives with strategically significant competitor information, data analysis, and insight, critical to the development and implementation of an effective marketing and sales plan.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and market entry strategy cost efficiency. To learn more, visit http://www.lucintel.com

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Joseph E. Fritz
Lucintel
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