Report: Medical Supplies and Devices in the US

New Report Includes About 11,000 Companies with Combined Annual Revenue of $75 Billion

Research and Markets has announced the addition of the "Medical Supplies and Devices" report to their offering.

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Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US medical supplies and devices manufacturing industry includes about 11,000 companies with combined annual revenue of $75 billion. Major companies include Baxter International, Boston Scientific, Johnson & Johnson, and Medtronic. The industry is highly concentrated: the 50 largest companies account for about 75 percent of revenue.

Medical supply and device manufacturers produce surgical, ophthalmic, and dental instruments and supplies 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.

COMPETITIVE LANDSCAPE
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.

PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include surgical and medical instruments (about 40 percent of industry revenue), such as syringes, hypodermic needles, and catheters, and surgical appliances and supplies (also about 40 percent), such as sutures, surgical dressings, and orthopedic devices. Other sources of revenue include lab equipment and furniture (centrifuges, scales, operating tables, hospital beds); ophthalmic goods (prescription glasses, contact lenses); diagnostic and anesthetic equipment; and dental equipment and supplies.

Key Topics Covered:

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends AND Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/research/86151c/medical_supplies_a