Over the last five years, suppliers have focused on new product developments and acquisitions. Medtronic plc, the global leader in medical technology, acquired Responsive Orthopedics. This acquisition helps Medtronic speed the adoption of value based healthcare in orthopedics device. Also, Cardinal Health completed the acquisition of the North American entity Lymphoseek, a radio pharmaceutical diagnostic imaging agent from Navidea Biopharmaceuticals, Inc. This acquisition strengthens Cardinal Health diagnostic imaging portfolio.
The companies producing medical device are exploring market opportunities with starkly different strategies. Lucintel, a leading global management consulting and market research firm, has analyzed the global medical device market and has come up with a comprehensive research report, “Worldwide Medical Device Competitive Analysis and Leadership Study 2018.” This report offers a full competitive analysis from target markets to product mapping, from selling strategies to production capabilities.
A total of 72 figures / charts and 6 tables are provided in this 126-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this report, download the report brochure.
This report has examined and profiled the world’s leading medical device producers. Lucintel created profiles of each competitor based on the following criteria:
Company overview
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Company Description
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Corporation Statistics
Medical Device business overview
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Medical Device Business Segments
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Key Differentiators and Strengths
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Key Medical Device Competitors
Products and product positioning
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Medical Device Product Line Overview
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Product Positioning in Market Segments
Markets and market positioning
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Market Positioning in the Global Medical Device business
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Revenue Breakdown by Market Segments
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Revenue Breakdown by Region
Production
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Global Manufacturing Operations
Innovation and market leadership
Marketing, sales and organizational capabilities
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Marketing and Sales
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Management Commitment and Track Record
Strategic Initiatives
The resulting research report represents the most comprehensive strategic and tactical assessment of the medical device producers and competitive landscape available. In terms of the total revenue generated by leading medical device producers, Medtronic Public Limited Company ranks number one, followed by Johnson & Johnson, Cardinal Health Inc., General Electric Company, Siemens AG, Stryker Corporation, Koninklijke Philips N.V. , and Becton, Dickinson and Company all of which are included in the report.
The detailed analysis of each company offers a critical view into key strategic areas, including:
1.Medical device producer target markets
2.Key differentiators, strengths, competitors, and other insights
Designed for the medical industry professionals, financial services firms, and users of medical device, Lucintel's “Worldwide Medical Device Competitive Analysis and Leadership Study 2018” is the industry’s comprehensive examination of the medical device producers’ competitive landscape.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
In Lucintel's newest competitive research study on the world's leading pesticides producers-
“Worldwide Medical Device Competitive Analysis and Leadership Study 2018” we thoroughly profile the top five companies with detailed competitive assessments.
The detailed analysis of each company offers a critical view into key strategic areas, including:
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Medical device producer’s target markets
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Key differentiators and strengths
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Product line overview, positioning, and mapping
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Market position in global medical device business
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Revenue breakdown by market segment and region
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Global manufacturing operations
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Current production capacities
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Innovation and market leadership
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Marketing, sales, and organizational capabilities
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Management commitment and track record
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Financial strength
Collected from a series of primary vendor interviews and secondary sources, Lucintel also provides its own scorecard for determining which of these companies is better aligned with future market opportunities and which has the ability to gain additional market share. Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders and challengers in the medical device market and rates each medical device producer on two primary criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
Ability to gain market share was analyzed using following parameters:
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Product portfolio
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Financial strength
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Asset position
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Execution skill
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Customer experience
Alignment with market opportunity was analyzed using following parameters:
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Target growth markets
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New product development
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Corporate and functional strategy
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Presence within the industry
In addition to the Lucintel Leadership Quadrant, this comprehensive research report also offers for consumers of medical device as well as the investment community content-rich comparative analyses detailing which producers have the production capacity, service capabilities and vision to deliver fully on its promises.