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Medical Equipment 2012
Date:8/14/2012

NEW YORK, Aug. 14, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Medical Equipment 2012

http://www.reportlinker.com/p0944838/Medical-Equipment-2012.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_Equipment_and_Supply

Executive Summary

The economic downturn in 2008 and the subsequent bank bailouts have put severe strain on Government finances. The current Government has introduced several budget cuts in the public sector in an attempt to eliminate the country's structural deficit by 2015. The National Health Service (NHS) — the UK's main purchaser of medical equipment and medical consumables — has been instructed to make efficiency savings worth up to £20bn over the next 3 years, in addition to a 17% reduction in NHS trusts' capital spending.Amidst the NHS budgetary cuts and reduced capital expenditure, in 2011, the National Audit Office (NAO) estimated that around half of all NHS computed tomography (CT) and magnetic resonance imaging (MRI) scanners and linear acceleration machines will need replacement within 3 years and 80% of machines are due to be replaced in 6 years. It would cost the NHS an estimated £800m to replace these machines with new ones, which may have a further impact on the NHS spending on other medical devices and consumables. At the same time, spending by the private healthcare sector has also been affected as fewer people have been able to afford private health insurance during the recession.Key Note estimates that the UK market for medical equipment and consumables was worth £4.52bn in 2011 at manufacturers' selling prices (msp), having increased by 6.3% over the course of the year. Key factors driving growth are the UK's growing and ageing population; the rising cost of medical technology and equipment; a greater need to prevent infection in hospitals; and outpatient facilities.Between 2007 and 2011, the markets for medical equipment and medical consumables grew by 21.7% and 35.1%, respectively. Medical equipment is the largest of the two sectors by value and accounts for more than half of the market's total value; however, the medical consumables sector has been growing at a faster rate.Both sectors of the market have undergone considerable consolidation over the last decade. Nevertheless, the range of companies remains broad, ranging from big multinational corporations to small, specialist innovation firms. The market is dominated by very large consumer-health companies, such as Smith & Nephew and Johnson & Johnson.Key Note predicts that the annual growth rate will decline between 2012 and 2014, as NHS budgets are being curtailed. Spending growth by the private sector may also be subdued, as a result of the sluggish economic recovery. Growth is expected to pick up again from 2015 at 6.2%, followed by 7.5% in 2016.

Table of Contents

Medical Equipment 2012ForewordExecutive SummaryMarket DefinitionREPORT COVERAGEMARKET SECTORSMedical EquipmentMedical ConsumablesMARKET TRENDSChanging DemographicsNHS Budget SavingsTechnological AdvancesIncreasing Use of Diagnostic SystemsECONOMIC TRENDSMARKET POSITIONThe UKOverseasMarket SizeTHE TOTAL MARKETBY MARKET SECTORMedical EquipmentMedical ConsumablesOVERSEAS TRADEIndustry BackgroundRECENT HISTORYNUMBER OF COMPANIESEMPLOYMENTREGIONAL VARIATIONS IN THE MARKETPLACEDISTRIBUTIONHOW ROBUST IS THE MARKET?LEGISLATIONMedicines and Healthcare Products Regulatory AgencyEuropean DirectivesMedical Devices DirectiveCE MarkKEY TRADE ASSOCIATIONSAdvanced Medical Technology AssociationAssociation for the Advancement of Medical InstrumentationAssociation of British Healthcare IndustriesEucomedEuropean Diagnostic Manufacturers AssociationGAMBICAOther UK Trade Associations and OrganisationsCompetitor AnalysisTHE MARKETPLACEMARKET LEADERSAbbott Laboratories LtdArjoHuntleigh International LtdBaxter Healthcare LtdBecton, Dickinson UK LtdB Braun Medical LtdGE Healthcare LtdJohnson and Johnson Medical LtdPhilips Healthcare UKSmith and Nephew PLCOther CompaniesOUTSIDE SUPPLIERSMARKETING ACTIVITYExhibitionsStrengths, Weaknesses, Opportunities and ThreatsSTRENGTHSWEAKNESSESOPPORTUNITIESTHREATSBuying BehaviourTHE NHSBackgroundNHS in EnglandNHS Supply ChainPRIVATE HEALTHCAREBUPAGeneral Healthcare GroupNuffield Health Care LtdCurrent IssuesRESTRUCTURING THE NHSA FINANCIALLY CONSTRAINED NHSHALF NHS EQUIPMENT NEEDS REPLACINGNHS PROCUREMENT PLANSNHS PURCHASES TEN RADIATION THERAPY TREATMENT SYSTEMSThe Global MarketTOTAL MARKETMAJOR MARKETSThe USEuropeAsiaForecastsINTRODUCTIONThe EconomyFORECASTS TOMARKET GROWTHFUTURE TRENDSDemographicsTechnological AdvancesMedical ConsumablesCompany ProfilesINTRODUCTIONDEFINITIONSTurnover (Sales)Pre-Tax ProfitProfit MarginAverage RemunerationSales per EmployeeFURTHER INFORMATIONABBOTT LABORATORIES LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodesStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosARJOHUNTLEIGH INTERNATIONAL LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodeStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosBAXTER HEALTHCARE LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodesStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosBECTON, DICKINSON UK LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodesStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosB BRAUN MEDICAL LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodeStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosGE HEALTHCARE LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodesStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosJOHNSON and JOHNSON MEDICAL LTDPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodeStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosSMITH and NEPHEW PLCPrevious Name(s) and Date(s) of ChangePrincipal ActivitiesSIC CodesStructureRecent DevelopmentsFINANCIAL PROFILESalesProfitsEmployeesBalance Sheet/RatiosFurther SourcesAssociationsPublicationsGovernment SourcesOther SourcesKey Note SourcesKey Note LtdKey Note ResearchThe Key Note Range of Reports

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