TechNavio's analysts forecast the Medical Devices market in Europe to grow at a CAGR of 3.7 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in aging population. The Medical Devices market in Europe has also been witnessing the trend of increasing demand for minimally invasive procedures. However, intense competition among vendors could pose a challenge to the growth of this market.
TechNavio's report, the Medical Devices Market in Europe 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Europe region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Johnson & Johnson Ltd, Siemens Healthcare, Baxter International Inc., Medtronic Inc., and GE Healthcare.
Other vendors mentioned in the report: Roche Diagnostics, Boston Scientific Corp., Beckton Dickinson and Co., Stryker Corp., B.Braun Melsungen AG, Cardinal Health Inc., Guidant Corp., 3M Healthcare, Hospira Inc., Fresenius Medical Care AG & Co. KGaA, St. Jude Medical Inc., Terumo Corp., Varian Medical Systems Inc., Gambro AB, and Drager Medical AG & Co. KGaA
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
TechNavio Announces the Publication of its Report - Medical Devices Market in Europe 2011-2015
TechNavio today launched its report Medical Devices Market in Europe 2011-2015 based on an in-depth study focusing exclusively on Europe. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Healthcare team said; ''An increasing demand for minimally invasive surgeries noticed among members of the rapidly aging population is expected to spark the growth of the Medical Devices market in Europe. In addition, the cost efficiencies offered by less invasive methods are likely to increase the demand for them in the near future.''
According to the report, the main driver affecting this market is the worldwide increase in the aging population, caused by lower mortality rates, increased life expectancy, and population control. This will increase the prevalence of various chronic diseases, and will result in the increased usage of medical devices, propelling the growth of the Medical Devices market in Europe.
Further, the report also discusses that one of the main challenges in the market is the intense competition among vendors leading to severe pricing pressure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. SHOW LESS READ MORE >
01. Executive Summary
03. Market Coverage
04. Market Landscape
Key Customer Segments
Five Forces Analysis
05. Key Leading Countries
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
13.1 Johnson & Johnson Ltd.
13.2 Siemens Healthcare
13.3 Baxter International Inc.
13.4 Medtronic Inc.
14. Other Reports in this Series
List of Exhibits:
Exhibit 1: Medical Devices Market in Europe 2011-2015 (US$ billion)
Exhibit 2: Medical Devices Market in Europe Market Segmentation
Exhibit 3: Medical Devices Market in Europe Market Segmentation 2011
Exhibit 4: Medical Devices Market in Europe Customer Segments
Exhibit 5: Medical Devices Market in Europe Customer Segmentation 2011
Exhibit 6: Medical Devices Market in Europe Vendor Segmentation 2011