Navigation Links
Report: Acquisitions Driving Global Medical Device Market
Date:8/11/2014

NEW YORK, Aug. 11, 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.

Kalorama's complete report on Global Medical Device Markets has a complete breakdown of 2013 and early 2014 device acquisitions. The report can be obtained at: http://www.marketresearch.com/redirect.asp?progid=86493&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 Medtroinic 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.

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. HHS-OIG Report: Pharmacy "Lock In" Programs Increase Patient Safety and Reduce Costs
2. Kalorama Report: Advanced Wound Care Products Market Nears 19 Billion
3. Report: Biopharma and Medical Device Companies Beat Historic Investment Returns
4. Prepackaged Medical Kits and Trays - Global Strategic Business Report: Updated 2014 Report
5. Emulsifiers - Global Strategic Business Report: Updated 2014 Report
6. EpiCast Report: Atrial Fibrillation - Epidemiology Forecast to 2023
7. Global Surgical Robot Market Report: Forecasts to 2019
8. Molecular Diagnostics in Cancer Testing Report: 2013 Edition
9. Global and Chinese Non-Invasive Electrical Sphygmomanometer Industry Report: 2013 Edition
10. EpiCast Report: Gram-Negative Bacterial Pneumonia - Epidemiology Forecast to 2022
11. DNA Sequencing 2013 Research Report: Market Developments, Growth Areas and Opportunities
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/23/2017)... , Sept. 22, 2017 Janssen Biotech, Inc. ... response letter from the U.S. Food and Drug Administration ... of sirukumab for the treatment of moderately to severely ... additional clinical data are needed to further evaluate the ... severely active RA. ...
(Date:9/19/2017)... venture-backed medical device company developing a non-invasive, robotically assisted, platform therapy that uses pulsed sound ... ... Jim Bertolina, PhD ... Tom Tefft ... device executive Josh Stopek , PhD, who has led R&D and business development teams ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
Breaking Medicine Technology:
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of the ... today its plans to open a flagship location in Covington, LA at 401 N. ... To Go store next to Office Depot in the Holiday Square shopping center. Its ...
(Date:10/12/2017)... ... 12, 2017 , ... The American College of Medical Informatics (ACMI) will present ... the Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium ... Collen, a pioneer in the field of medical informatics, this prestigious award is presented ...
(Date:10/12/2017)... ... October 12, 2017 , ... Dr. Parsa ... contributed a medical article to the newly revamped Cosmetic Town journal ... the hair transplant procedure known as Follicular Unit Extraction (FUE). , ...
(Date:10/12/2017)... ... , ... On Saturday, October 21, the Health & Wellness Center at Florida ... money for the American Heart Association Heart Walk. Teams of up to 10 people ... keep their treadmills moving for 5 hours. Treadmills will start at 7:00 p.m. on ...
(Date:10/12/2017)... ... October 12, 2017 , ... In the ... a year. In some states—like New York, New Jersey, Massachusetts, Texas, Virginia, Connecticut, ... retirement havens have extremely low property-tax rates, which contributes to the relatively lower ...
Breaking Medicine News(10 mins):