Global Medical Devices Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Medical Devices Industry
Rockville, MD (PRWEB) July 09, 2013 -- Global Medical Devices Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Medical Devices Industry
A slim majority of respondents across the global medical devices industry have claimed to be ‘more optimistic’ about revenue growth for their company during 2013, according to ICD Research’s recently released report.
In general, executives from the medical devices industry expect to see increased levels of consolidation, whilst 55% of respondents anticipate at least an increase in M&A activity in 2013. A total of 44% of respondents from global medical devices manufacturer companies, and 49% from supplier companies, anticipate a minimum of a 2% increase of their current workforce.
However, as a result of the currently volatile state of the market, different rates of growth are anticipated between developed markets in the US and Western Europe, and the emerging markets of Asia-Pacific and Latin American countries.
Respondents in ICD’s extensive survey identified China, India and China as offering the highest opportunities for growth among emerging markets. This will primarily be driven by the expansion of business activities in these markets, together with stronger economic growth than other regions of the world. Furthermore, changing consumer lifestyles, increased penetration of medical insurance products, and a rise in disposable income have increased the demand for quality healthcare services, which in turn is expected to increase the demand for medical equipment and other support services.
Singapore, Taiwan and Hong Kong, the US, the UK, Germany, and South Korea have been identified as the most important regions for growth amongst developed markets. Although concern over the implementation of healthcare reforms in 2013 has reduced growth optimism in the US, growth prospects are still high amongst developed countries. With an increase in the aging population, high unmet medical needs, and increased incidence of lifestyle diseases (including cardiovascular diseases, diabetes, hypertension, and obesity), the US medical device industry continues to grow at a brisk pace.
Global Medical Devices Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Medical Devices Industry – Table of Contents:
1 Introduction
1.1 What is This Report About?
1.2 Definitions
1.3 Methodology
1.4 Profile of Survey Respondents: Global Medical Devices Industry
1.4.1 Profile of buyer respondents
1.4.2 Profile of supplier respondents
2 Executive Summary
3 Global Medical Devices Industry Dynamics
3.1 Global Medical Devices Industry: Revenue Growth Expectations
3.1.1 Global medical devices industry: revenue growth expectation by company type
3.1.2 Global medical devices industry: revenue growth expectations by region
3.1.3 Global medical devices industry: revenue growth expectations by turnover
3.1.4 Global medical devices industry: revenue growth expectations of senior level respondents
3.2 Global Medical Devices Industry: Future Developments in Business Structure
3.2.1 Global medical devices industry: future developments in business structure by buyers
3.2.2 Global medical devices industry: future developments in business structure by suppliers
3.3 Global Medical Devices Industry: Change in Company Strategies
3.3.1 Global medical devices industry: change in leading company strategies by buyers
3.3.2 Global medical devices industry: change in leading company strategies by suppliers
3.3.3 Global medical devices industry: change in leading company strategies by region
3.3.4 Global medical devices industry: change in leading company strategies by company turnover
3.4 Global Medical Devices Industry: Merger and Acquisition Activity Expectations
3.4.1 Global medical devices industry: merger and acquisition activity expectations by buyers
3.4.2 Global medical devices industry: merger and acquisition activity expectations by suppliers
3.4.3 Global Medical Devices Industry: Merger and acquisition activity expectations by region
3.4.4 Global medical devices industry: merger and acquisition activity expectations by company turnover
3.4.5 Global medical devices industry: expand geographical reach vs. M&A activity projections
3.5 Global Medical Devices Industry: Capital Expenditure Estimation
3.5.1 Global medical devices industry: capital expenditure estimation by buyers
3.5.2 Global medical devices industry: capital expenditure estimation by suppliers
3.5.3 Global medical devices industry: capital expenditure estimation by region
3.5.4 Global medical devices industry: capital expenditure estimation by company turnover
3.6 Global Medical Devices Industry: Planned Change in Staff Recruitment Activity
3.6.1 Global medical devices industry: planned change in staff recruitment activity by company type
3.6.2 Global medical devices industry: planned change in staff recruitment activity by region
3.6.3 Global medical devices industry: planned change in staff recruitment activity by company turnover
4 Global Medical Devices Market Growth Outlook
4.1 Global Medical Devices Industry: Demand in Emerging Markets
4.1.1 Global medical devices industry: demand in emerging markets by buyers
4.1.2 Global medical devices industry: demand in emerging markets by suppliers
4.1.3 Global medical devices industry: demand in emerging markets by region
4.1.4 Global medical devices industry: demand in emerging markets by company turnover
4.2 Global Medical Devices industry: Growth Expectations in Developed Countries
4.2.1 Global medical devices industry: growth expectations in developed countries by buyers
4.2.2 Global medical devices industry: growth expectations in developed countries by suppliers
4.2.3 Global medical devices industry: growth expectations in developed countries by region
4.2.4 Growth expectations in developed countries by company turnover
5 Threats and Opportunities for the Medical Devices Industry
5.1 Global Medical Devices Industry: Leading Business Concerns, 2013–2014
5.1.1 Global medical devices industry: leading business concerns by company type
5.1.2 Global medical devices industry: leading business concerns by region
5.1.3 Global medical devices industry: leading business concerns by company turnover
5.2 Global Medical Devices Industry: Key Supplier Actions to Maintain and Win Buyer Business
5.2.1 Global medical devices industry: actions to maintain and secure buyer business by buyers
5.2.2 Global medical devices industry: actions to maintain and secure buyer business by region
5.2.3 Global medical devices industry: actions to maintain and secure buyer business by turnover
5.2.4 Global medical devices industry: actions to maintain and secure buyer business by procurement budget
5.2.5 Global medical devices industry: actions to maintain and secure buyer business by purchasing decision authority
6 Global Medical Devices Industry Buyer Expenditure Activity
6.1 Global Medical Devices Industry: Annual Procurement Budgets
6.1.1 Global medical devices industry: annual procurement budgets vs. cost containment
6.1.2 Global medical devices industry: annual procurement budgets by region
6.1.3 Global medical devices industry: annual procurement budgets by company turnover
6.1.4 Global medical devices industry: annual procurement budgets in US$ by senior level respondents
6.2 Global Medical Devices Industry: Planned Change in Procurement Expenditure
6.2.1 Global medical devices industry: planned change in procurement expenditure vs. revenue growth optimism
6.2.2 Global medical devices industry: planned change in procurement expenditure by region
6.2.3 Global medical devices industry: planned change in procurement expenditure by company turnover
6.3 Global Medical Devices Industry: Planned Change in Procurement Expenditure by Product and Service Category
6.3.1 Planned change in procurement expenditure by product, and service category by region
6.3.2 Planned change in procurement expenditure by product and service category by company turnover
6.4 Global Medical Devices Industry: Variations in Regional Supplier Prices
6.4.1 Global medical devices industry: variations in regional supplier prices by region
6.4.2 Global medical devices industry: variations in regional supplier prices by company turnover
7 Global Medical Devices Industry Procurement Behaviors and Strategies
7.1 Global Medical Devices Industry: Critical Success Factors for Supplier Selection
7.1.1 Global medical devices industry: critical success factors by company type
7.2 Global Medical Devices Industry: E–Procurement
7.2.1 Global medical devices industry: procurement budget increase vs. e-procurement
7.2.2 Global medical devices industry: e–procurement by region
7.2.3 Global medical devices industry: e–procurement by company turnover
8 Appendix
8.1 Global Medical Devices Industry Full Survey Results
8.2 Methodology
8.3 Contact us
8.4 About ICD Research
8.5 Disclaimer
List of Tables
Table 1: Total Global Medical Devices Industry Survey Respondents by Company Type, 2013
Table 2: Global Medical Devices Industry Buyer Respondents by Job Role (%), 2013
Table 3: Global Medical Devices Industry Buyer Respondents by Global Company Turnover (%), 2013
Table 4: Global Medical Devices Industry Buyer Respondents by Region (%), 2013
Table 5: Global Medical Devices Industry Supplier Respondents by Job Role (%), 2013
Table 6: Global Medical Devices Industry Supplier Respondents by Global Turnover (%), 2013
Table 7: Global Medical Devices Industry Supplier Respondents by Region (%), 2013
Table 8: Global Medical Devices Industry: Revenue Growth Optimism (%), 2010–2013
Table 9: Global Medical Devices Industry: Revenue Growth Optimism by Company Type (%), 2010–2013
Table 10:Global Medical Devices Industry: Revenue Growth Optimism by Region (%), 2013
Table 11: Global Medical Devices Industry: Revenue Growth Optimism by Turnover (%), 2013
Table 12: Global Medical Devices Industry: Revenue Growth Optimism by Senior-Level (%), 2013
Table 13: Global Medical Devices Industry: Key Expected Changes In Business Structure (% Buyer Respondents), 2013
Table 14: Global Medical Devices Industry: Key Expected Changes In Business Structure (% Supplier Respondents), 2013
Table 15: Global Medical Devices Industry: Change in Leading Company Strategies by Buyers (%), 2013
Table 16: Global Medical Devices Industry: Change in Leading Company Strategies by Suppliers (%), 2013
Table 17: Global Medical Devices Industry: Change in Leading Company Strategies by Region (%), 2013
Table 18: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Buyers, 2010–2013
Table 19: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Suppliers, 2010–2013
Table 20: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Region, 2013
Table 21: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Company Turnover, 2013
Table 22: Global Medical Devices Industry: Expand geographical reach vs. M&A activity projections, 2013
Table 23: Global Medical Devices Industry: Capital Expenditure Estimation by Buyers (%), 2013
Table 24: Global Medical Devices Industry: Capital Expenditure Estimation by Suppliers (%), 2013
Table 25: Global Medical Devices Industry: Capital Expenditure Estimation by Suppliers (%), 2013
Table 26: Global Medical Devices Industry: Planned Change in Staff Recruitment Activity by Company Type (%), 2013
Table 27: Global Medical Devices Industry: Planned Change in Staff Recruitment Activity by Region (%), 2013
Table 28: Global Medical Devices Industry: Planned Change in Staff Recruitment Activity by Company Turnover (%), 2013
Table 29: Global Medical Devices Industry: Demand in Emerging Markets (% Buyer Respondents), 2013
Table 30: Global Medical Devices Industry: Demand in Emerging Markets (% Supplier Respondents), 2013
Table 31: Global Medical Devices Industry: Demand in Emerging Markets by Company Turnover (%), 2013
Table 32: Global Medical Devices Industry: Growth Expectations in Developed Countries by Buyers (%), 2013
Table 33: Global Medical Devices Industry: Growth Expectations in Developed Countries by Suppliers (%), 2013
Table 34: Global Medical Devices Industry: Growth Expectations in Developed Countries by Company Turnover (%), 2013
Table 35: Global Medical Devices: Leading Business Concerns (%), 2010–2013
Table 36: Global Medical Devices Industry: Leading Business Concerns by Company Type (%), 2013
Table 37: Global Medical Devices Industry: Leading Business Concerns by Region (%), 2013
Table 38: Global Medical Devices Industry: Leading Business Concerns by Company Turnover (%), 2013
Table 39: Global Medical Devices Industry: Securing Buyer Business, Buyer Responses (%), 2013
Table 40: Global Medical Devices Industry: Securing Buyer Business, Buyer vs. Supplier Responses (%), 2013
Table 41: Global Medical Devices Industry: Securing Buyer Business by Region (%), 2013
Table 42: Global Medical Devices Industry: Securing Buyer Business by Company Turnover (%), 2013
Table 43: Global Medical Devices Industry: Securing Buyer Business by Procurement Budget (%), 2013
Table 44: Global Medical Devices Industry: Annual Procurement Budgets of Buyers in US$ (%), 2010–2013
Table 45: Global Medical Devices Industry: Annual procurement budgets vs. cost containment (%), 2013
Table 46: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Region(%), 2013
Table 47: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Company Turnover (%), 2013
Table 48: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Senior Respondents (%), 2013
Table 49: Global Medical Devices Industry: Planned Change in Total Procurement Expenditure of Buyers (%), 2010–2013
Table 50: Global Medical Devices Industry: Planned Change in procurement expenditure vs. revenue growth optimism (%), 2013
Table 51: Global Medical Devices Industry: Planned Change in Total Procurement Expenditure by Region (%), 2013
Table 52: Global Medical Devices Industry: Planned Change in Procurement Expenditure by Product and Service Category (%), 2013
Table 53: Global Medical Devices Industry: Variations in Regional Supplier Prices (%), 2013
Table 54: Global Medical Devices Industry: Variations in Regional Supplier Prices by Region (%), 2013
Table 55: Global Medical Devices Industry: Variations in Regional Supplier Prices by Company Turnover (%), 2013
Table 56: Global Medical Devices Industry: Critical Success Factors for Supplier Selection: Buyers vs. Suppliers (Index Score), 2013
Table 57: Global Medical Devices Industry: E–Procurement: Level of Implementation (%), 2013
Table 58: Global Medical Devices Industry: Procurement Budget Increase vs. E-Procurement (%), 2013
Table 59: Global Medical Devices Industry: E–Procurement: Level of Implementation by Region (%), 2013
Table 60: Global Medical Devices Industry: E–Procurement: Level of Implementation by Company Turnover (%), 2013
Table 61: Survey Results - Closed Questions
List of Figures
Figure 1: Global Medical Devices Industry: Revenue Growth Optimism (%), 2010–2013
Figure 2: Global Medical Devices Industry: Revenue Growth Optimism by Company (%), 2010–2013
Figure 3: Global Medical Devices Industry: Revenue Growth Optimism by Region (%), 2013
Figure 4: Global Medical Devices Industry: Revenue Growth Optimism by Turnover (%), 2013
Figure 5: Global Medical Devices Industry: Key Expected Changes In Business Structure (% Buyer Respondents), 2013
Figure 6: Global Medical Devices Industry: Key Expected Changes In Business Structure (% Supplier Respondents), 2013
Figure 7: Global Medical Devices Industry: Change in Leading Company Strategies by Buyers (%), 2013
Figure 8: Global Medical Devices Industry: Change in Leading Company Strategies by Suppliers (%), 2013
Figure 9: Global Medical Devices Industry: Change in Leading Company Strategies by Company Turnover (%), 2013
Figure 10: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Buyers, 2010–2013
Figure 11: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Suppliers, 2010–2013
Figure 12: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Region, 2013
Figure 13: Global Medical Devices Industry: Merger and Acquisition Activity Expectations by Company Turnover, 2013
Figure 14: Global Medical Devices Industry: Expand geographical reach vs. M&A activity projections, 2013
Figure 15: Global Medical Devices Industry: Capital Expenditure Estimation by Buyers (%), 2013
Figure 16: Global Medical Devices Industry: Capital Expenditure Estimation by Suppliers (%), 2013
Figure 17: Global Medical Devices Industry: Capital Expenditure Estimation by Region (%), 2013
Figure 18: Global Medical Devices Industry: Planned Change in Staff Recruitment Activity by Company Type (%), 2013
Figure 19: Global Medical Devices Industry: Planned Change in Staff Recruitment Activity by Region (%), 2013
Figure 20: Global Medical Devices Industry: Top Ten Growth Regions, 2013
Figure 21: Global Medical Devices Industry: Top Five Emerging Markets, 2014
Figure 22: Global Medical Devices Industry: Demand in Emerging Markets (% Buyer Respondents), 2013
Figure 23: Global Medical Devices Industry: Demand in Emerging Markets (% Supplier Respondents), 2013
Figure 24: Global Medical Devices Industry: Demand in Emerging Markets by Region (%), 2013
Figure 25: Global Medical Devices Industry: Top Five Developed Regions by Growth , 2013
Figure 26: Global Medical Devices Industry: Growth Expectations in Developed Countries by Buyers (%), 2013
Figure 27: Global Medical Devices Industry: Growth Expectations in Developed Countries by Suppliers (%), 2013
Figure 28: Global Medical Devices Industry: Growth Expectations in Developed Countries by Region (%), 2013
Figure 29: Global Medical Devices: Leading Business Concerns (%), 2010–2013
Figure 30: Global Medical Devices: Industry Top Five Leading Business Concerns (%), 2013–2013
Figure 31: Global Medical Devices Industry: Leading Business Concerns by Company Type (%), 2013
Figure 32: Global Medical Devices Industry: Securing Buyer Business, Buyer Responses (%), 2013
Figure 33: Global Medical Devices Industry: Securing Buyer Business, Buyer vs. Supplier Responses (%), 2013
Figure 34: Global Medical Devices Industry: Securing Buyer Business by Company Turnover (%), 2013
Figure 35: Global Medical Devices Industry: Securing Buyer Business by Purchasing Decision Authority (%), 2013
Figure 36: Global Medical Devices Industry: Annual Procurement Budgets of Buyers in US$ (%), 2010–2013
Figure 37: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Region(%), 2013
Figure 38: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Company Turnover (%), 2013
Figure 39: Global Medical Devices Industry: Annual Procurement Budgets in US$ by Senior Respondents (%), 2013
Figure 40: Global Medical Devices Industry: Planned Change in Total Procurement Expenditure of Buyers (%), 2010–2013
Figure 41: Global Medical Devices Industry: Planned Change in Total Procurement Expenditure by Region (%), 2013
Figure 42: Global Medical Devices Industry: Planned Change in Total Procurement Expenditure by Company Turnover (%), 2013
Figure 43: Global Medical Devices Industry: Top Five Product and Service Categories by Buyers, 2013
Figure 44: Global Medical Devices Industry: Planned Change in Procurement Expenditure by Product and Service Category (%), 2013
Figure 45: Global Medical Devices Industry: Planned Change in Procurement Expenditure by Product and Service Category of Buyers by Region (%), 2013
Figure 46: Global Medical Devices Industry: Planned Change in Procurement Expenditure by Product and Service Category of Buyers by Company Turnover (%), 2013
Figure 47: Global Medical Devices Industry: Variations in Regional Supplier Prices (%), 2013
Figure 48: Global Medical Devices Industry: Variations in Regional Supplier Prices by Region (%), 2013
Figure 49: Global Medical Devices Industry: Variations in Regional Supplier Prices by Company Turnover (%), 2013
Figure 50: Global Medical Devices Industry: Critical Success Factors for Supplier Selection: Buyers vs. Suppliers (Index Score), 2013
Figure 51: Global Medical Devices Industry: Critical Success Factors for Supplier Selection: Buyers vs. Suppliers (Index Score), 2013
Figure 52: Global Medical Devices Industry: E–Procurement: Level of Implementation (%), 2013
Figure 53: Global Medical Devices Industry: E–Procurement: Level of Implementation by Region (%), 2013
Figure 54: Global Medical Devices Industry: E–Procurement: Level of Implementation by Company Turnover (%), 2013
To order this report:
Global Medical Devices Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Medical Devices Industry
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About ICD Research
ICD Research is a full-service global market research agency and premium business information brand specializing in industry analysis in a wide set of B2B and B2C markets. ICD Research has access to over 400 in-house analysts and journalists and a global media presence in over 30 professional markets enabling us to conduct unique and insightful research via our trusted business communities. Through its unique B2B and B2C research panels and access to key industry bodies, ICD Research delivers insightful and actionable analysis. The ICD Research survey capabilities grant readers access to the opinions and strategies of key business decision makers, industry experts and competitors as well as examining their actions surrounding business priorities.
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