DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4fe8f5/medical_equipment) has announced the addition of the "Medical Equipment & Supplies Manufacturing" report to their offering.
The US medical equipment and supplies manufacturing industry includes about 11,000 companies with combined annual revenue of about $85 billion. Major companies include Baxter International, Boston Scientific, Johnson & Johnson, and Medtronic. The industry is concentrated: the 50 largest companies account for about 60 percent of revenue.
Medical equipment and supplies manufacturers produce surgical, ophthalmic, and dental instruments and disposable supplies (syringes, gloves) used in the medical field. The industry doesn't include the manufacture of x-ray or electromedical equipment and devices, such as ultrasound equipment, pacemakers, and electrocardiographs.
The global medical equipment and supplies industry generates annual revenue of about $340 billion. Major markets include the US, Japan, Germany, France, and Italy.
Demand is driven by population demographics and advances in medical knowledge and technology. The profitability of individual companies depends on the ability to develop superior products. Large companies have economies of scale in manufacturing and R&D. Small companies can compete successfully by specializing in a particular market segment, or through technical innovation.
Imports of medical equipment and supplies account for about 25 percent of the US market; exports represent about 25 percent of US production. Leading sources of imports include Mexico, Ireland, and China. The largest export markets for medical equipment and supplies are the Netherlands, Japan, and Canada.
Key Topics Covered:
Quarterly Industry Update
Call Preparation Questions
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/4fe8f5/medical_equipment
Source: First Research