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Sustainability in the Global Medical Devices Industry 2011-2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Medical Devices Industry Procurement and Marketing Initiatives
Date:11/23/2011

NEW YORK, Nov. 23, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Sustainability in the Global Medical Devices Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Medical Devices Industry Procurement and Marketing Initiatives

http://www.reportlinker.com/p0687930/Sustainability-in-the-Global-Medical-Devices-Industry-2011–2012-Market-Trends-and-Opportunities-Profitability-and-Budget-Forecasts-Medical-Devices-Industry-Procurement-and-Marketing-Initiatives.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Medical_D

Synopsis

• The report is based on primary surveys conducted by ICD Research accessing its B2B panels comprised of senior business decision makers. The opinions and forward looking statements on sustainability management of 150 industry executives are captured in our in-depth survey, of which 71% represent directors, C-level executives and departmental heads.

• The geographical scope of the research is Global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific, Africa and Middle East.

• The report analyzes expenditure of medical devices industry buyers on sustainability, sustainable procurement practices and critical factors that influence supplier selection.

• Key topics covered include category-level spending outlooks, market-specific growth opportunities, investment opportunities and principal challenges associated with the implementation of sustainable practices.

• In this report, buyers identify their sustainable procurement budgets; along with essential sustainability measures that influence supplier selection

• The report provides extensive analysis on effective promotional channels and major drivers of green marketing, along with the key features of marketing green credentials.

• The report provides qualitative analysis of key industry opportunities and threats and also contains the full survey results.

Summary

"Sustainability in the Global Medical Devices Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Medical Devices Industry Procurement and Marketing Initiatives" is a new report by ICD Research that analyzes how companies in the medical devices industry perceive sustainability. The report contains in-depth analysis on the principal drivers and challenges with regards to sustainability plus the market-specific growth opportunities associated with the implementation of sustainable practices. It also benchmarks successful sustainable initiatives and energy-efficiency measures adopted by various companies. This report also examines the impact of sustainability on profits and cost saving targets set by companies. It also analyzes the procurement strategies and practices being undertaken; category-level spending outlooks; changes in sustainable procurement budgets; supplier selection criteria and investment opportunities available for leading purchase decision makers. The report identifies key drivers and practices of green marketing, and the channels used to effectively market green credentials.

Scope

The report features the opinions of power industry respondents related to the following:

• What sustainability means to the industry

• Factors that drive sustainability measures

• Barriers that confront effective implementation of sustainability.

• Sustainable and energy efficiency measures and their impact on profitability.

• Metrics used for the measurement of sustainability performance.

• Procurement of sustainable materials.

• Demand for sustainable products and services, including markets that will drive growth.

• Changes expected in sustainability budgets and cost saving targets.

• Methods of marketing green credentials and the use of media channels.

• Sustainability leaders.

Reasons to Buy

• Drive revenues by understanding future sustainable product investment areas and growth regions

• Formulate effective sales and marketing strategies by identifying buyer sustainability budgets and areas of investment.

• Better promote your business by aligning capabilities and business practices with the changing sustainability needs of customers.

• Uncover the business outlook, key sustainability challenges and opportunities

• Understand the effect of sustainability on other players and competitors in the industry.

• Benchmark sustainable initiatives with key industry leaders and identify major trends that affect the industry.

• Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers.

• Identify specific green marketing channels your competitors are using to win business.

Key Highlights

• Generating cost savings and operational efficiency, compliance with legislation and strengthening competitive position are major drivers influencing sustainability efforts in the medical devices industry.

• Survey results show that 31% of medical devices industry respondents expect to see an increase in profitability over the next 12 months due to implementation of sustainability.

• Effective health and safety (EHS) management system, effective minimization of waste and certification and compliance with ISO 14001 are critical sustainability criteria for supplier selection.

Keywords

Medical devices, risk management, design, procurement, metrics, eco-friendly, mitigation, hazardous, audits, PVC, lead, mercury, disassembly, clinical, supply, injectable, bio-pharmaceuticals, chemical, environment, sterilizable, emission, QMS, quality, scorecard, ISO 13485, FDA, CDRH, RoHS, REACH, WEEE, EuP, QSR, bio-materials, oximeters, Sustainability, Sustainability Index, Green, Drivers, Barriers, Threats, Opportunities, Awareness, Key Markets, Profitability, Budget, Procurement, Carbon footprint, Carbon offset, GHG, Waste, Waste management, Pollution, Landfill, Incineration, Benchmark, Recycle, Reuse, Energy, Efficiency, LCA, ISO 14001, Zero-Energy, EHS, CDP, Energy star, Green marketing, 3M, Abbott, Adventa Health, Astra Zeneca, Bausch & Lomb, Baxter, Biomet, Bosch, Brewer, Cochlear, Covidien, CSL, De Puy, EDAP, Edwards life science, GE Healthcare, Glaxo Smith Kline, Gojo, Groninger, Hitachi, Hologic, J&J, Johnson & Johnson, Kaiser Permanente, Kimberly-Clark, MDT, Medtronic, Midmark, Mölnlycke, Nelipak BV, Novartis, Novo Nordisk, Orlab, Philips, Purnabina, Roche, Saspine, Sealed Air Nelipak, Sharps Compliance Incorporated, Siemens, Smith & Nephew, Stryker, Symmetry Medical, Syntex, teamtechnik, Terang Nusa, Toshiba, Uhlmann, Zimmer

Compnanies Mentioned

3M, Abbott, Adventa Health, Astra Zeneca, Bausch & Lomb, Baxter, Biomet, Bosch, Brewer, Cochlear, Covidien, CSL, De Puy, EDAP, Edwards life science, GE Healthcare, Glaxo Smith Kline, Gojo, Groninger, Hitachi, Hologic, J&J, Johnson & Johnson, Kaiser Permanente, Kimberly-Clark, MDT, Medtronic, Midmark, Mölnlycke, Nelipak BV, Novartis, Novo Nordisk, Orlab, Philips, Purnabina, Roche, Saspine, Sealed Air Nelipak, Sharps Compliance Incorporated, Siemens, Smith & Nephew, Stryker, Symmetry Medical, Syntex, teamtechnik, Terang Nusa, Toshiba, Uhlmann, Zimmer

Table of Contents

1 Introduction

1.1 What is this report about?

1.2 Definitions

1.3 Methodology

1.4 Profile of survey respondents

1.4.1 Profile of buyer respondents

1.4.2 Profile of supplier respondents

2 Executive Summary

3 Sustainability in the Medical Devices Industry

3.1 Perception of sustainability

3.1.1 Perception of sustainability - buyers

3.1.2 Perception of sustainability - suppliers

3.1.3 Perception of sustainability – region

3.1.4 Perception of sustainability – turnover

3.2 Sustainability in business functions

3.2.1 Sustainability in business functions - buyers

3.2.2 Sustainability in business functions - suppliers

3.2.3 Sustainability in business functions - region

3.2.4 Sustainability in business functions - turnover

3.3 Key drivers of sustainability

3.3.1 Key drivers of sustainability - buyers

3.3.2 Key drivers of sustainability - suppliers

3.3.3 Key drivers of sustainability - region

3.3.4 Key drivers of sustainability - turnover

3.4 Major barriers to sustainability

3.4.1 Major barriers to sustainability - buyers

3.4.2 Major barriers to sustainability - suppliers

3.4.3 Major barriers to sustainability - region

3.4.4 Major barriers to sustainability - turnover

3.5 Key markets for growth

3.5.1 Key markets for growth - buyers

3.5.2 Key markets for growth - suppliers

3.5.3 Key markets for growth - region

3.5.4 Key markets for growth - turnover

4 Implementation of Sustainability

4.1 Organizational prerequisites for sustainability

4.1.1 Organizational prerequisites for sustainability - buyers

4.1.2 Organizational prerequisites for sustainability – suppliers

4.1.3 Organizational prerequisites for sustainability - region

4.1.4 Organizational prerequisites for sustainability - turnover

4.2 Implementation of sustainable measures

4.2.1 Implementation of sustainable measures - buyers

4.2.2 Implementation of sustainable measures - suppliers

4.2.3 Implementation of sustainable measures - region

4.2.4 Implementation of sustainable measures - turnover

4.3 Key energy efficiency measures

4.3.1 Key energy efficiency measures - buyers

4.3.2 Key energy efficiency measures - suppliers

4.3.3 Key energy efficiency measures – region

4.3.4 Key energy efficiency measures – turnover

4.4 Effective monitoring of sustainability

4.4.1 Effective monitoring of sustainability - buyers

4.4.2 Effective monitoring of sustainability - suppliers

4.4.3 Effective monitoring of sustainability – region

4.4.4 Effective monitoring of sustainability - turnover

4.5 Sustainable waste management

4.5.1 Sustainable waste management - buyers

4.5.2 Sustainable waste management - suppliers

4.5.3 Sustainable waste management - region

4.5.4 Sustainable waste management - turnover

5 Financial Implications of Sustainability

5.1 Cost-saving expectations

5.1.1 Cost-saving expectations - buyers

5.1.2 Cost-saving expectations - suppliers

5.1.3 Cost-saving expectations – region

5.1.4 Cost-saving expectations - turnover

5.2 Impact of sustainability on profits

5.2.1 Impact of sustainability on profits - buyers

5.2.2 Impact of sustainability on profits - suppliers

5.2.3 Impact of sustainability on profits - Cost-saving expectations

5.2.4 Impact of sustainability on profits - region

5.2.5 Impact of sustainability on profits - turnover

5.3 Planned change in sustainability budgets

5.3.1 Planned change in sustainability budgets - buyers

5.3.2 Planned change in sustainability budgets - suppliers

5.3.3 Planned change in sustainability budgets – lack of budget as a barrier

5.3.4 Planned change in sustainability budgets - region

5.3.5 Planned change in sustainability budgets - turnover

6 Sustainable Procurement

6.1 Critical factors for supplier selection

6.1.1 Critical factors for supplier selection - buyers

6.1.2 Critical factors for supplier selection – senior level respondents

6.1.3 Critical factors for supplier selection - region

6.1.4 Critical factors for supplier selection - turnover

6.2 Sustainable procurement guideline

6.2.1 Sustainable procurement guidelines - buyers

6.2.2 Sustainable procurement guidelines - region

6.2.3 Sustainable procurement guidelines - turnover

6.3 Level of supplier engagement

6.3.1 Level of supplier engagement - buyers

6.3.2 Level of supplier engagement - region

6.3.3 Level of supplier engagement - turnover

6.4 Expenditure on sustainable procurement

6.4.1 Expenditure on Sustainable Procurement - buyers

6.4.2 Expenditure on Sustainable Procurement - region

6.4.3 Expenditure on Sustainable Procurement - turnover

6.5 Attributes of green procurement

6.5.1 Attributes of green procurement - buyers

6.5.2 Attributes of green procurement - region

6.5.3 Attributes of green procurement - turnover

6.6 Procurement of sustainable products and services

6.6.1 Procurement of sustainable products and services - buyers

6.6.2 Procurement of sustainable products and services – region

6.6.3 Procurement of sustainable products and services - turnover

7 Marketing Green Initiatives

7.1 Drivers of green marketing

7.1.1 Drivers of green marketing - suppliers

7.1.2 Drivers of green marketing - region

7.1.3 Drivers of green marketing - turnover

7.2 Marketing of green credentials

7.2.1 Marketing of green credentials - suppliers

7.2.2 Marketing of green credentials - region

7.2.3 Marketing of green credentials - turnover

7.3 Effective channels of promotion

7.3.1 Effective channels of promotion - suppliers

7.3.2 Effective channels of promotion - region

7.3.3 Effective channels of promotion - turnover

7.4 Industry leaders in sustainability

8 Appendix

8.1 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, 2011

Table 2: Buyer Respondents: Job Role (%), 2011

Table 3: Buyer Respondents: Global Turnover (%), 2011

Table 4: Buyer Respondents: Region (%), 2011

Table 5: Supplier Respondents: Job Role (%), 2011

Table 6: Supplier Respondents: Global Turnover (%), 2011

Table 7: Supplier Respondents: Region (%), 2011

Table 8: Perception of Sustainability: Buyers (%), 2011–2012

Table 9: Perception of Sustainability: Suppliers (%), 2011–2012

Table 10: Perception of Sustainability: Region (%), 2011–2012

Table 11: Perception of Sustainability: Turnover (%), 2011–2012

Table 12: Sustainability in Business Functions: Buyers, 2011–2012

Table 13: Sustainability in Business Functions: Suppliers, 2011–2012

Table 14: Key Drivers of Sustainability: Buyers (%), 2011–2012

Table 15: Key Drivers of Sustainability: Suppliers (%), 2011–2012

Table 16: Key Drivers of Sustainability: Region (%), 2011–2012

Table 17: Key Drivers of Sustainability: Turnover (%), 2011–2012

Table 18: Major Barriers to Sustainability: Buyers (%), 2011–2012

Table 19: Major Barriers to Sustainability: Suppliers (%), 2011–2012

Table 20: Major Barriers to Sustainability: Region (%), 2011–2012

Table 21: Major Barriers to Sustainability: Turnover (%), 2011–2012

Table 22: Key Markets for Growth: Buyers (%), 2011–2012

Table 23: : Key Markets for Growth: Suppliers (%), 2011–2012

Table 24: Organizational Prerequisites for Sustainability: Buyers (%), 2011–2012

Table 25: Organizational Prerequisites for Sustainability: Suppliers (%), 2011–2012

Table 26: Organizational Prerequisites for Sustainability: Region (%), 2011–2012

Table 27: Organizational Prerequisites for Sustainability: Turnover (%), 2011–2012

Table 28: Implementation of Sustainable Measures: Buyers, 2011–2012

Table 29: Implementation of Sustainable Measures: Suppliers, 2011–2012

Table 30: Key Energy Efficiency Measures: Buyers (%), 2011–2012

Table 31: Key Energy Efficiency Measures: Suppliers (%), 2011–2012

Table 32: Effective Monitoring of Sustainability: Buyers (%), 2011–2012

Table 33: Effective Monitoring of Sustainability: Suppliers (%), 2011–2012

Table 34: Effective Monitoring of Sustainability: Region (%), 2011–2012

Table 35: Effective Monitoring of Sustainability: Turnover (%), 2011–2012

Table 36: Sustainable Waste Management: Buyers (%), 2011–2012

Table 37: Sustainable Waste Management: Suppliers (%), 2011–2012

Table 38: Cost-saving Expectations: Buyers (%), 2011–2012

Table 39: Cost-saving Expectations: Suppliers (%), 2011–2012

Table 40: Cost-saving Expectations: Region (%), 2011–2012

Table 41: Cost-saving Expectations: Turnover (%), 2011–2012

Table 42: Impact of Sustainability on Profits: Buyers (%), 2011–2012

Table 43: Impact of Sustainability on Profits: Suppliers (%), 2011–2012

Table 44: Cost-saving Expectations: Increase in profitability (%), 2011–2012

Table 45: Impact of Sustainability on Profits: Region (%), 2011–2012

Table 46: Impact of Sustainability on Profits: Turnover (%), 2011–2012

Table 47: Planned Change in Sustainability Budgets: Buyers (%), 2011–2012

Table 48: Planned Change in Sustainability Budgets: Suppliers (%), 2011–2012

Table 49: Planned Change in Sustainability Budgets: Lack of Budget as a Barrier (%), 2011–2012

Table 50: Planned Change in Sustainability Budgets: Region (%), 2011–2012

Table 51: Planned Change in Sustainability Budgets: Turnover (%), 2011–2012

Table 52: Critical Factors for Supplier Selection: Buyers (%), 2011

Table 53: Sustainable Procurement Guidelines - Buyers (%), 2011

Table 54: Sustainable Procurement Guidelines: Region (%), 2011

Table 55: Sustainable Procurement Guidelines: Turnover (%), 2011

Table 56: Level of Supplier Engagement - Buyers (%), 2011

Table 57: Level of Supplier Engagement: Region (%), 2011

Table 58: Level of Supplier Engagement: Turnover (%), 2011

Table 59: Expenditure on Sustainable Procurement- Buyers (%), 2011

Table 60: Expenditure on Sustainable Procurement- Region (%), 2011

Table 61:Expenditure on Sustainable Procurement : Turnover (%), 2011

Table 62: Attributes of Green Procurement: Buyers (%), 2011–2012

Table 63: Procurement of Sustainable Products and Services: Buyers (%), 2011–2012

Table 64: Procurement of Sustainable Products and Services: Region (%), 2011

Table 65: Procurement of Sustainable Products and Services: Turnover (%), 2011–2012

Table 66: Drivers of Green Marketing: Suppliers (%), 2011–2012

Table 67: Drivers of Green Marketing: Region (%), 2011

Table 68: Drivers of Green Marketing: Turnover (%), 2011–2012

Table 69: Marketing of Green Credentials: Suppliers (%), 2011–2012

Table 70: Marketing of Green Credentials: Region (%), 2011

Table 71: Marketing of Green Credentials: Turnover (%), 2011–2012

Table 72: Effective Channels of Promotion: Suppliers (%), 2011–2012

Table 73: Effective Channels of Promotion: Region (%), 2011

Table 74: Effective Channels of Promotion: Turnover (%), 2011–2012

Table 75: Top 10 Industry Leaders in Sustainability, 2011–2012

Table 76: Survey Results

List of Figures

Figure 1: Perception of Sustainability: Buyers (%), 2011–2012

Figure 2: Perception of Sustainability: Suppliers (%), 2011–2012

Figure 3: Perception of Sustainability: Region (%), 2011–2012

Figure 4: Perception of Sustainability: Turnover (%), 2011–2012

Figure 5: Sustainability in Business Functions: Buyers, 2011–2012

Figure 6: Sustainability in Business Functions: Suppliers, 2011–2012

Figure 7: Sustainability in Business Functions: Region, 2011–2012

Figure 8: Sustainability in Business Functions: Turnover, 2011–2012

Figure 9: Key Drivers of Sustainability: Buyers vs. Suppliers (%), 2010–2012

Figure 10: Key Drivers of Sustainability: Buyers (%), 2011–2012

Figure 11: Key Drivers of Sustainability: Region (%), 2011–2012

Figure 12: Key Drivers of Sustainability: Turnover (%), 2011–2012

Figure 13: Major Barriers to Sustainability: Buyers (%), 2011–2012

Figure 14: Major Barriers to Sustainability: Suppliers (%), 2011–2012

Figure 15: Major Barriers to Sustainability: Region (%), 2011–2012

Figure 16: Major Barriers to Sustainability: Turnover (%), 2011–2012

Figure 17: Key Markets for Growth, 2011–2012

Figure 18: Key Markets for Growth: Buyers (%), 2011–2012

Figure 19: Key Markets for Growth: Suppliers (%), 2011–2012

Figure 20: Key Markets for Growth: Region (%), 2011–2012

Figure 21: Key Markets for Growth: Turnover (%), 2011–2012

Figure 22: Organizational Prerequisites for Sustainability: Buyers (%), 2011–2012

Figure 23: Organizational Prerequisites for Sustainability: Suppliers (%), 2011–2012

Figure 24: Organizational Prerequisites for Sustainability: Region (%), 2011–2012

Figure 25: Organizational Prerequisites for Sustainability: Turnover (%), 2011–2012

Figure 26: Implementation of Sustainable Measures: Buyers, 2011–2012

Figure 27: Implementation of Sustainable Measures: Suppliers, 2011–2012

Figure 28: Implementation of Sustainable Measures: Region, 2011–2012

Figure 29: Implementation of Sustainable Measures: Turnover, 2011–2012

Figure 30: Key Energy Efficiency Measures: Buyers (%), 2011–2012

Figure 31: Key Energy Efficiency Measures: Suppliers (%), 2011–2012

Figure 32: Key Energy Efficiency Measures: Region (%), 2011–2012

Figure 33: Key Energy Efficiency Measures: Turnover (%), 2011–2012

Figure 34: Effective Monitoring of Sustainability: Buyers (%), 2011–2012

Figure 35: Effective Monitoring of Sustainability: Suppliers (%), 2011–2012

Figure 36: Effective Monitoring of Sustainability: Region (%), 2011–2012

Figure 37: Effective Monitoring of Sustainability: Turnover (%), 2011–2012

Figure 38: Sustainable Waste Management: Buyers (%), 2011–2012

Figure 39: Sustainable Waste Management: Suppliers (%), 2011–2012

Figure 40: Sustainable Waste Management: Region (%), 2011–2012

Figure 41: Sustainability Monitoring Tools: Turnover (%), 2011–2012

Figure 42: Cost-saving Expectations: Buyers (%), 2011–2012

Figure 43: Cost-saving Expectations: Suppliers (%), 2011–2012

Figure 44: Cost-saving Expectations: Region (%), 2011–2012

Figure 45: Cost-saving Expectations: Turnover (%), 2011–2012

Figure 46: Impact of Sustainability on Profits: Buyers (%), 2011–2012

Figure 47: Impact of Sustainability on Profits: Suppliers (%), 2011–2012

Figure 48: Impact of Sustainability on Profits: Region (%), 2011–2012

Figure 49: Impact of Sustainability on Profits: Turnover (%), 2011–2012

Figure 50: Planned Change in Sustainability Budgets: Buyers (%), 2011–2012

Figure 51: Planned Change in Sustainability Budgets: Suppliers (%), 2011–2012

Figure 52: Planned Change in Sustainability Budgets: Region (%), 2011–2012

Figure 53: Planned Change in Sustainability Budgets: Turnover (%), 2011–2012

Figure 54: Critical Factors for Supplier Selection: Buyers (%), 2011

Figure 55: Critical Factors for Supplier Selection: Senior Level Respondents (%), 2011

Figure 56: Critical Factors for Supplier Selection: Region (%), 2011

Figure 57: Critical Factors for Supplier Selection: Turnover (%), 2011

Figure 58: Sustainable Procurement Guidelines - Buyers (%), 2011

Figure 59: Sustainable Procurement Guidelines: Region (%), 2011

Figure 60: Sustainable Procurement Guidelines: Turnover (%), 2011

Figure 61: Level of Supplier Engagement - Buyers (%), 2011

Figure 62: Level of Supplier Engagement: Turnover (%), 2011

Figure 63: Level of Supplier Engagement: Turnover (%), 2011

Figure 64: Expenditure on Sustainable Procurement- Buyers (%), 2011

Figure 65: Expenditure on Sustainable Procurement : Region (%), 2011

Figure 66: Expenditure on Sustainable Procurement : Turnover (%), 2011

Figure 67: Attributes of Green Procurement: Buyers (%), 2011–2012

Figure 68: Attributes of Green Procurement: Region (%), 2011–2012

Figure 69: Attributes of Green Procurement: Turnover (%), 2011–2012

Figure 70: Procurement of Sustainable Products and Services: Buyers (%), 2011–2012

Figure 71: Procurement of Sustainable Products and Services: Region (%), 2011–2012

Figure 72: Procurement of Sustainable Products and Services: Turnover (%), 2011–2012

Figure 73: Drivers of Green Marketing: Suppliers (%), 2011–2012

Figure 74: Drivers of Green Marketing: Region (%), 2011–2012

Figure 75: Drivers of Green Marketing: Turnover (%), 2011–2012

Figure 76: Marketing of Green Credentials: Suppliers (%), 2011–2012

Figure 77: Marketing of Green Credentials: Region (%), 2011–2012

Figure 78: Marketing of Green Credentials: Turnover (%), 2011–2012

Figure 79: Effective Channels of Promotion: Suppliers (%), 2011–2012

Figure 80: Effective Channels of Promotion: Region (%), 2011–2012

Figure 81: Effective Channels of Promotion: Turnover (%), 2011–2012

To order this report:

Medical Devices Industry: Sustainability in the Global Medical Devices Industry 2011–2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Medical Devices Industry Procurement and Marketing Initiatives

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Check our  Industry Analysis and Insights

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