Navigation Links
Kalorama Report: Acquisitions Driving Global Medical Device Market
Date:8/14/2014

NEW YORK, Aug. 14, 2014 /PRNewswire/ -- With global device demand limited, companies are acquiring each other to boost revenues and take advantage of distribution synergies, according to Kalorama Information.  The healthcare market research publisher says the $300-billion plus global market for medical devices will grow only in the 3 to 4% range for the next five years, and this has forced companies to be creative. 

The finding was made in the firm's recent report, The Global Market for Medical Devices, 5th Edition, which can be obtained at: http://www.marketresearch.com/redirect.asp?progid=86519&url=http%3A%2F%2Fwww%2Ekaloramainformation%2Ecom%2FGlobal%2DMedical%2DDevices%2D8186981%2F.  

"Combining is the rule as government spending is being curtailed in the US and Europe, and the emerging nations can't replace the revenue fast enough," said Bruce Carlson, Publisher of Kalorama Information.  "The way to growth is to acquire, partner and merge."

The largest example is the recent Medtronic Covidien purchase.  US-based Medtronic said it would purchase Ireland-based Covidien for $42.9 billion last month, combining two of the world's biggest medical device makers and helping Medtronic enjoy tax savings.  Savings with a headquarters change.  Kalorama estimates the deal will come just short of creating the largest device company based on 2013 revenues in its Global Market for Medical Devices, 5th Edition report, released last year.    

There were other acquisitions, according to Kalorama's report.  In May of 2014, Zimmer announced the acquisition of Biomet Inc. for $13.35 billion.  The acquisition would solidify Zimmer's position as the second-largest orthopedic company in the world.  Stryker Corporation acquired Patient Safety Technologies, Inc., whose proprietary Safety-Sponge® System and SurgiCount 360™ compliance software help prevent Retained Foreign Objects (RFOs) in the operating room, as well as the acquisition of German surgical room equipment maker Berchtold Holding AG, a 90-year-old healthcare equipment company that makes surgical tables, equipment booms and surgical lighting system.  Stryker also acquired MAKO Surgical Corporation.  MAKO pioneered the advancement of robotic assisted surgery in orthopedics.  Among the players active in 2013 and early 2014 were Boston Scientific, CareFusion, ThermoFisher Scientific, and The Carlyle Group.

Kalorama's complete report on Global Medical Device Markets has a complete breakdown of 2013 and early 2014 device acquisitions. For more information on this report and others in Kalorama's research library please visit: http://www.kaloramainformation.com/.

About Kalorama Information -- Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog.

Contact:
Bruce Carlson
(212) 807-2622
bcarlson@kaloramainformation.com
www.KaloramaInformation.com

Logo - http://photos.prnewswire.com/prnh/20140801/132634


'/>"/>
SOURCE Kalorama Information
Copyright©2014 PR Newswire.
All rights reserved

Related medicine technology :

1. Kalorama Report: Advanced Wound Care Products Market Nears 19 Billion
2. Kalorama: Billion-dollar Plus Market for Flow Cytometry Used in Clinical Testing
3. Kalorama: Antibiotic Drug Resistance Leads to HAI Deaths
4. New Kalorama Report Says In Vitro Diagnostic Market Reaches 54.6 Billion
5. Pharma IQs Laboratory Informatics Report: Current Trends & Predictions for 2015
6. Report: Independent Drugstores, Policymakers Face New Challenges
7. Home Affairs Committees Drugs Report: Angelus Foundation Says the Prime Minister Should Not Have Rejected a Royal Commission
8. New Report: Drugstore Networks Could Save Employers, Medicare, and Medicaid $115 Billion
9. EpiCast Report: Cystic Fibrosis - Epidemiology Forecast to 2022
10. Report: Community Drugstores Tied to Medication Waste
11. Report: Upgrading Medicaid Drug Benefits Could Save Pennsylvania $896 Million
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2016)... Amarantus BioScience Holdings, Inc. (OTCQX: AMBS), ... and Orphan Diseases, today announced that President & CEO Gerald ... SeeThru Equity MicroCap Conference   Where: ... , NY When: Tuesday, May 31 st , ... Where: Grand Hyatt Hotel, 109 East 42 nd St, ...
(Date:5/26/2016)... May 26, 2016   Change Healthcare ... analytics, network solutions and technology-enabled services designed ... entered into a strategic channel partnership with ... software solutions and revenue cycle management services ... and rehabilitation clinics to optimize revenue, operational ...
(Date:5/25/2016)... , Germany and GERMANTOWN, ... QIAGEN N.V. (NASDAQ: QGEN ; Frankfurt Prime Standard: ... licensing and co-development agreement with Therawis Diagnostics GmbH to develop ... be to develop and market PITX2 as a marker to ... high-risk breast cancer patients. "We are pleased to ...
Breaking Medicine Technology:
(Date:5/28/2016)... ... , ... SuperCloset is proud to officially launch our “Helping Veterans Grow ... and obstacles veterans’ need to overcome in order to face their life changes upon ... veteran(s) with a donated SuperCloset product based on the needs and ability of helping ...
(Date:5/27/2016)... ... ... More than a third of American adults are considered obese, says the ... increased attention in recent years, as an article published May 18th on ... people are familiar with the basic requirements of maintaining a healthy diet and exercise ...
(Date:5/27/2016)... ... May 27, 2016 , ... With over 60 percent of acute ... for a sustainable product to aid in the rehabilitation process has steadily increased. Ekso ... of individuals with hemiplegia due to stroke. , Ekso Bionics has now received clearance ...
(Date:5/27/2016)... New York, NY (PRWEB) , ... May 27, ... ... health care world, this installment is bolstered by inspiring human interest stories, courtesy ... to the developing trends and tech within the industry, from leading advocates and ...
(Date:5/26/2016)... ... ... There are many ways to cook a hot dog, but new research commissioned ... dogs straight off the grill. Of the 90 percent of Americans who say they ... hot dog, far outpacing other cooking methods such as steaming (12 percent), microwaving (9 ...
Breaking Medicine News(10 mins):