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What The Global Medical Devices Industry Is Planning In 2010-2011: Procurement, Investment & Industry Trends Outlook

iCD Research, Feb 2010, Pages: 120


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“What The Global Medical Devices Industry Is Planning In 2010-2011” analyzes how medical equipment companies spend, procurement strategies & practices and business planning will be shaped in 2010 to 2011.

In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers market growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels.

Scope of the report:

- Opinions and forward looking statements of over 194 medical device manufacturer respondents are captured in our in-depth survey, of which 61% represent Directors, C-levels & Departmental Heads
- Analysis on buyer spend, procurement and industry developments by medical device manufacturers and contractors and industry suppliers worldwide
- Key topics include buyer spend activity, procurement behaviors & strategies, threats & opportunities for the medical devices industry and how these have been affected by the economic uncertainty
- In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
- The research is based on primary survey research conducted by ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
- The geographical scope of the research is global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific and Africa & Middle East

Reasons to buy:

- Drive revenues by understanding future product investment areas and growth regions by leading industry players
- Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
- Better promote your business by aligning your capabilities and business practices with your customers’ changing needs during these times of market uncertainty
- Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the medical device industry
- Predict how the industry will grow, consolidate and where it will stagnate
- Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry

Key highlights:

- The majority of respondents from the medical devices industry are optimistic about Brazil, Russia, India and China as the fastest growing markets in next 12 months among developed nations.
- The majority of medical devices companies will be increasing procurement spend over the next 12 months. The average size of the global, annual procurement budgets among medical devices manufacturers is US$42m.
- 45% of medical devices industry buyers agree that in order to maintain and win their business, suppliers will have to provide innovative products




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