Table of Contents
1: EXECUTIVE SUMMARY
OVERVIEW
SIZE AND GROWTH OF THE MARKET
Table 1-1: Global European Medical Device Market 2015-2022 (in billions % at manufacturer level)
Figure 1-1: European Medical Device Market, 2015-2022 (in $ billions)
TOP COMPANIES
MERGERS AND ACQUISITIONS
SCOPE AND METHODOLOGY
CONCLUSIONS
2: INTRODUCTION
OVERVIEW
Table 2-1: Summary: Selected EU Countries Medical Devices, 2017 Update
REGULATION IN EUROPE
European Union
Table 2-2: EU Medical Device Classification Rules
Table 2-3: EU Medical Device Directives by Device Type
Figure 2-1: EU Competent Authorities
Figure 2-2: EEA Competent Authorities
3: MERGERS AND ACQUISITIONS
INTRODUCTION
SELECTED SIGNIFICANT DEVICE INDUSTRY MERGERS AND ACQUISITIONS
Figure 3-1: Highest Valued Medical Device M&A Deals (2015-2017 YTD)
Medtronic Acquires Covidien and Other Companies
Abbott: Acquisitions, Divestures and the Alere Deal
Pfizer and the $17 Billion Hospira Acquisition
Zimmer Finalizes Biomet Acquisition
BD Acquires CareFusion
Cardinal Health Strengthens Position in Medical Device Market with Medtronic Asset Acquisition
Dentsply-Sirona Merger
Johnson & Johnson and Abbott Medical Optics: Combined #2 in Vision Care Industry
Thermo Fisher Scientific Completes Major Deals in 2016
Danaher and Cepheid: Expanding Access to Molecular Diagnostic Technologies
Tornier and Wright Medical Merger Finalized
Stryker Corporation Active in M&A
Hill-Rom Completes Acquisition of Welch Allyn
Siemens Healthineers and Epocal Inc (Alere subsidiary)
Integra LifeSciences and Codman Neurosurgery from Johnson & Johnson
Abbott and Alere
Table 3-1: Mergers and Acquisitions in the Medical Device Market, 2015-2017 YTD
Figure 3-2: Medical Device M&A Combined Value by Year (2015-2017 YTD)
Pending Deals (as of December 2017)
4: SPECIFIC DEVICE MARKETS
Table 4-1: European Markets for Specific Medical Devices, 2015-2022 ($ millions) (Anesthesia Monitors; Blood Collection; Blood Gas Analyzers; Blood Pressure Monitors; Cannula Respiratory; Catheters; Computed Tomography; Coronary Stents; CPAP Machines; Defibrillators; Dental Equipment (excluding x-ray); Dental X-ray; Dialysis Equipment & Supplies; EKG/ECG Machines; Electrosurgical Devices; Endoscopes (excluding gastro); Gastric Banding/Bariatric; Gastro Endoscopes; Glucose Tests; Hip Implants; Hypodermic Syringe; Infusion Pumps; Intraocular Lenses; Knee implants; Medical Beds; Minimally Invasive Surgical Instruments; MRI; Neurostimulation; Ostomy Care Devices; Oxygen Therapy Equip.; Pacemakers; Spine Implants; Stethoscopes; Sutures, Staples, Staplers; Traditional Surgical Instruments (scalpels, forceps, retractors, scissors); Ultrasound; Vascular Closure Devices; Wheelchairs; Wound Care, Advanced; X-Ray (excluding dental); Others; Total)
WHEELCHAIRS
DEFIBRILLATORS
PACEMAKERS
MEDICAL GLOVES
ADVANCED WOUND CARE DEVICES
BLOOD COLLECTION SUPPLIES
CATHETERS
GASTRIC BANDING AND BARIATRIC DEVICES
MINIMALLY INVASIVE SURGERY (MIS)
PATIENT MONITORING
DIALYSIS
MRI
ULTRASOUND
HIP IMPLANTS
KNEE IMPLANTS
Posterior-Stabilized Knee Implants
Cruciate-Retaining Knee Implants
Unicompartmental Knee Implants
MEDICAL BEDS
X-RAY AND DIGITAL X-RAY
INTRAOCULAR LENS DEVICES
INFUSION PUMPS
POINT-OF-CARE TESTS (POC)
STENTS
RESPIRATORY DEVICES
CRITICAL CARE ANALYSIS
NASAL CANNULAE
CPAP DEVICES
WEARABLE DEVICES
OSTOMY PRODUCTS
5: BELLWETHER COMPANIES
REVENUE PERFORMANCE – 15 BELLWETHER COMPANIES
Table 5-1: Revenue Performance, Bellwether Companies, 2016 vs. 2017 (US billions)
INVESTMENT IN RESEARCH AND DEVELOPMENT
Table 5-2: Research and Development Spending, Bellwether Companies, 2016 and 2017 (US billions)
6: MARKET ANALYSIS
MARKET DRIVERS
Aging Population
Figure 6-1: Global Population Trends, Total Population vs. Age 65+ Population, 2000-2050
Increase in Chronic Disease
Figure 6-2: Global Prevalence of Disease, 2000, 2015 and Projected 2030 (Hypertension, Diabetes Mellitus, Depression, Asthma, Coronary Heart Disease / Ischemic Heart Disease, COPD, Epilepsy, Alzheimer’s Disease, HIV / AIDS, Stroke Survivors, Cancer, Tuberculosis, Parkinson’s Disease, ESRD)
Figure 6-3: Mortality: Chronic vs. Acute, 2015
MARKET CONSTRAINTS
Pressure on Prices
Figure 6-4: Medical Device Spending as a Percentage of European Health Spending, by Country, 2016 (Switzerland, Sweden, Poland, Spain, United Kingdom, Italy, France, Germany)
MEDICAL DEVICE MARKET SIZE AND GROWTH
Table 6-1: Global European Medical Device Market 2015-2022 (in billions % at manufacturer level)
Table 6-2: Significant Country Device Revenues in Europe 2015-2022 ($ billions) (Germany, France, United Kingdom, Italy, Spain, Switzerland, Sweden, Poland, Others)
Germany Medical Device Market
Figure 6-5: Germany Medical Device Market Indicators
France Medical Device Market
Figure 6-6: France Medical Device Market Indicators
United Kingdom Medical Device Market
Figure 6-7: United Kingdom Medical Device Market Indicators
Italy Medical Device Market
Figure 6-8: Italy Medical Device Market Indicators
Spain Medical Device Market
Figure 6-9: Spain Medical Device Market Indicators
Switzerland Medical Device Market
Figure 6-10: Switzerland Medical Device Market Indicators
Sweden Medical Device Market
Figure 6-11: Sweden Medical Device Market Indicators
Poland Medical Device Market
Figure 6-12: Poland Medical Device Market Indicators
Other European Medical Device Market
7: COMPANY PROFILES: BELLWETHER
MEDTRONIC
Table 7-1: Medtronic Corporate Summary
Company Overview
Products
Company Financials
Table 7-2: Medtronic Financial Review, 2015-2017 ($billions)
JOHNSON & JOHNSON
Table 7-3: Johnson & Johnson Corporate Summary
Company Overview
Products
Company Financials
Table 7-4: Johnson & Johnson Financial Review 2015-2017 ($ billions)
SIEMENS HEALTHINEERS
Table 7-5: Siemens Healthineers Corporate Summary
Company Overview
Products
Company Financials
Table 7-6: Siemens AG Financial Review, 2015-2017 ($ billions)
DANAHER CORPORATION
Table 7-7: Danaher Corporate Summary
Company Overview
Company Financials
Table 7-8: Danaher Financial Review, 2015-2017 ($ billions)
PHILIPS
Table 7-9: Philips Corporate Summary
Company Overview
Mergers & Acquisitions
Products
Company Financials
Table 7-10: Philips Financial Review, 2015-2017 ($ billions)
BECTON DICKINSON & CO. (BD)
Table 7-11: Becton Dickinson Corporate Summary
Company Overview
Mergers and Acquisitions
Products
Company Financials
Table 7-12: Becton Dickinson Financial Review, 2015-2017 ($ billions)
STRYKER CORPORATION
Table 7-13: Stryker Corporate Summary
Company Overview
Products
Company Financials
Table 7-14: Stryker Corporation Financial Review, 2015-2017 ($ billions)
GE HEALTHCARE
Table 7-15: GE Healthcare Corporate Summary
Company Overview
Products
Company Financials
Table 7-16: GE Healthcare Financial Review, 2015-2017 ($ billions)
ABBOTT
Table7-17: Abbott Corporate Summary
Company Overview
Products
Company Financials
Table 7-18: Abbott Financial Review, 2015-2017 ($billions)
BOSTON SCIENTIFIC
Table 7-19: Boston Scientific Corporate Summary
Company Overview
Products
Company Financials
Table 7-20: Boston Scientific Financial Review, 2015-2017 ($billions)
ZIMMER BIOMET
Table 7-21: Zimmer Biomet Corporate Summary
Company Overview
Products
Company Financials
Table 7-22: Zimmer Biomet Financial Review, 2015-2017 ($ billions)
- BRAUN
Table 7-23: B. Braun Corporate Summary
Company Overview
Products
Company Financials
Table 7-24: B. Braun Financial Review, 2015-2017 ($ billions)
BAXTER INTERNATIONAL
Table 7-25: Baxter Corporate Summary
Company Overview
Products
Company Financials
Table 7-26: Baxter Financial Review, 2015-2017 ($ billions)
OLYMPUS MEDICAL SYSTEMS
Table 7-27: Olympus Corporate Summary
Company Overview
Products
Company Financials
Table 7-28: Olympus Corp. Financial Review, FY 2016-2017 ($ billions)
SMITH & NEPHEW PLC.
Table 7-29: Smith & Nephew Corporate Summary
Company Overview
Acquisitions
Products
Company Financials
Table 7-30: Smith & Nephew Financial Review, 2015-2017 ($ billions)
8: COMPANY PROFILES: OTHER MARKET PARTICIPANTS
3M HEALTH CARE
Table 8-1: 3M Corporate Summary
Company Overview
Products
ACCESS SCIENTIFIC, LLC
Table 8-2: Access Scientific Corporate Summary
Company Overview
Products
ACUTRONIC MEDICAL SYSTEMS AG
Table 8-3: Acutronic Medical Corporate Summary
Company Overview and Products
ADVANCED BIONICS AG
Table 8-4: Advanced Bionics Corporate Summary
Company Overview
Products
ANGIODYNAMICS
Table 8-5: Angiodynamics Corporate Summary
Company Overview
Products
ARJOHUNTLEIGH
Table 8-6: ArjoHuntleigh Corporate Summary
Company Overview
Products
BSN MEDICAL
Table 8-7: BSN Medical Corporate Summary
Company Overview
Products
CARDINAL HEALTH
Table 8-8: Cardinal Health Corporate Summary
Company Overview
Products
COLOPLAST
Table 8-9: Coloplast Corporate Summary
Company Overview
CONVATEC
Table 8-10: Convatec Corporate Summary
Company Overview
Products
COOK MEDICAL
Table 8-11: Cook Medical Corporate Summary
Company Overview
Products
COOPER SURGICAL
Table 8-12: Cooper Surgical Corporate Summary
Company Overview
Products
CR BARD
Table 8-13: CR Bard Corporate Summary
Company Overview
Products
DENTSPLY-SIRONA
Table 8-14: Dentsply-Sirona Corporate Summary
Company Overview
Products
DRAGERWERK AG & CO. KGAA
Table 8-15: Dragerwerk Corporate Summary
Company Overview
DRIVE DEVILBISS HEALTHCARE
Table 8-16: Drive DeVilbiss Corporate Summary
Company Overview
Products
EDWARDS LIFESCIENCES
Table 8-17: Edwards Lifesciences Corporate Summary
Company Overview
Products
FISHER & PAYKEL HEALTHCARE LIMITED
Table 8-18: Fisher & Paykel Corporate Summary
Company Overview
Products
FRESENIUS
Table 8-19: Fresenius Corporate Summary
Company Overview
GF HEALTH PRODUCTS INC.
Table 8-20: GF Health Products Corporate Summary
Company Overview
Products
HAEMONETICS
Table 8-21: Haemonetics Corporate Summary
Company Overview
Products
HILL-ROM
Table 8-22: Hill-Rom Corporate Summary
Company Overview
Products
HOLLISTER INCORPORATED
Table 8-23: Hollister Inc. Corporate Summary
Company Overview
Products
INVACARE CORPORATION
Table 8-24: Invacare Corporate Summary
Company Overview
Products
IRADIMED CORPORATION
Table 8-25: IRadimed Corporate Summary
Company Overview
Products
MASIMO CORPORATION
Table 8-26: Masimo Corporate Summary
Company Overview
Products
MINDRAY
Table 8-27: Mindray Corporate Summary
Company Overview
Products
NOVA BIOMEDICAL
Table 8-28: Nova Biomedical Corporate Summary
Company Overview
Products
PAUL HARTMANN, AG
Table 8-29: Paul Hartmann Corporate Summary
Company Overview
Products
PERKINELMER, INC
Table 8-30: PerkinElmer Corporate Summary
Company Overview
Products
RESMED
Table 8-31: ResMed Corporate Summary
Company Overview
Products
ROCHE
Table 8-32: Roche Corporate Summary
Company Overview
Products
TELEFLEX INC
Table 8-33: Teleflex Corporate Summary
Company Overview
Products
TERUMO CORPORATION
Table 8-34: Terumo Corporate Summary
Company Overview
Products
ZYNO MEDICAL LLC
Table 8-35: Zyno Medical Corporate Summary
Company Overview
Products
