Market Analysis of Medical Devices Sector by Regional Analysis and Business Development, by 2030 – The Bollywood Ticket

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The global medical device (MD) market represents a steadily growing industry sector as well as an attractive investment opportunity for profitable rewards. However, the potential for greater ROI may be limited by a number of hurdles and risks in the global medical device market, including the mature industry growth phase, questioning and changes in laws and regulatory procedures and declining profit margins. Hence, in-depth insights and enhanced strategic intelligence are needed to minimize potential risks associated with new entrants in the global medical device industry.

This report focuses on the systematic assessment and analysis of internal risks (arising from the development of the industry itself) and external risks (arising from the surrounding environments) in the global medical device industry and market. The major internal risks recognized in this industry include the growth stage of the industry, competitive pressure in the industry, market entry barriers, industry volatility, and technological challenges. The main external risks include factors such as declining profits, regulatory strength, the effect of foreign direct investment and other risks (namely shortage of upstream supply, competition from substitutes and reduced purchasing potential).

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The risk assessment and threat rating focuses on the global medical device market under industry conditions and environments in 2014. Forecasts and projections have been made for the industry risk trend at over the next six years (2014-2020). All identified risk factors are measured quantitatively according to GMD’s new numerical system, i.e. each risk is assessed with the GMD Risk Index Number (GMD RIN) and the GMD Risk Intensity Level (GMD RIL). These in-depth assessments and analyzes of risk considerations and controls provide a comprehensive understanding of current risk factors and the likelihood of risk development trends. Moreover, this report also provides sound risk management strategies and concludes Critical Success Factors (CSFs) to help identify new growth point and overcome manufacturing/business related threats and barriers in the global medical device industry.

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Key players:
Johnson & Johnson
GE Healthcare
Medtronic Inc.
Siemens AG
Baxter International Inc.
Fresenius Medical Care AG & Co. KGAA
Koninklijke Philips NV
Cardinal Health Inc.
Novartis AG
Covidien plc
Stryker Corp.
Becton, Dickinson and Co.
Boston Scientific Corp.
Essilor International S.A.
Allergan Inc.
St. Jude Medical Inc.
3M Co.
Abbott Laboratories
Zimmer Holdings Inc.
Terumo Corp.

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