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Global Medical Devices Survey 2013-2014 - Market Trends, Buyer Spend and Procurement Strategies in the Global Medical Devices Industry
Date:7/11/2013

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Why was the report written?

 

This report is the result of an extensive survey drawn from ICD Research's exclusive panel of leading global medical devices industry executives; it provides data and analysis on buyer expenditure, procurement, and developments within the global medical devices industry. It includes key topics such as global medical devices industry buyer expenditure and procurement behaviors and strategies, and identifies the threats and opportunities within the global medical devices industry, economic outlook trends, and business confidence within global medical devices industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives' attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, ICD Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value-chain of the global medical devices industry.

 

What is the current market landscape and what is changing?

 

Executives from the global medical device industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2013.

 

What are the key drivers behind recent market changes?

 

M&A is driven by the need for favorable product development and commercial product performance, a surge in demand for more sophisticated medical equipment, high patient expectations, stringent legislation, and rising living standards.

 

What makes this report unique and essential to read?

 

This report is the result of an extensive survey drawn from ICD Research's exclusive panel of leading global medical devices industry executives; it provides data and analysis on buyer expenditure, proc
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