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The Medical Device Market: USA

  • ID: 3165400
  • March 2015
  • Region: United States
  • 178 Pages
  • Espicom Business Intelligence Ltd
At An Estimated US $127.1Bn In 2013, The Us Medical Device Market Is The World's Largest

FEATURED COMPANIES

  • Baxter
  • Covidien
  • General Electric
  • Johnson & Johnson
  • Medtronic
  • MORE

Overview Of The Medical Market In The USA:

At an estimated US$127.1bn in 2013, the US medical device market is the world's largest. Per capita expenditure, at US$399, is the highest in the world.

Much of the market is in private hands; there is no single health system. Public healthcare systems, known as Medicaid, for those on low incomes, are operated by each State. Since 1960, the Medicare system has provided hospital care for the elderly; this has also provided prescription drug coverage since 2006.

President Obama succeeded in signing his healthcare reform bill into law on 23rd March 2010. The bill, formally called the Patient Protection and Affordable Care Act (PPACA) HR 3590, will eventually extend health insurance cover to an estimated 32mn Americans who do not have any form of health insurance.

The PPACA requires all States to create new health insurance markets called exchanges, so that people who do not have insurance can buy tax-payer subsidised private cover. The law also expands eligibility for Medicaid so low-income adults who have no dependent children can get government insurance. Putting the two approaches together, more than 30mn Americans READ MORE >

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Baxter
  • Covidien
  • General Electric
  • Johnson & Johnson
  • Medtronic
  • MORE

1. SWOT

2. Medical Device Market

- Political
- Economic
- Business Environment
- Industry Forecast
- Medical Device Market Forecast
- 2008-2013 Performance
- 2013-2018 Performance
- Table: Projected Medical Device Market, 2013-2018
- Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)

3. Consumables Market Forecast

- Bandages & Dressings
- Suturing Materials
- Syringes, Needles & Catheters
- Other Consumables
- Table: Consumables Market, 2008-2018 (US$mn)
- Table: Consumables Market, 2009-2018 (US$mn % Change)

4. Diagnostic Imaging Market Forecast

- Electrodiagnostic Apparatus
- Radiation Apparatus
- Imaging Parts & Accessories
- Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
- Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)

5. Dental Products Market Forecast

- Capital Equipment
- Instruments & Supplies
- Table: Dental Products Market, 2008-2018 (US$mn)
- Table: Dental Products Market, 2009-2018 (US$mn % Change)

6. Orthopaedics & Prosthetics Market Forecast

- Fixation Devices
- Artificial Joints
- Other Artificial Body Parts
- Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
- Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)

7. Patient Aids Market Forecast

- Portable Aids
- Therapeutic Appliances
- Table: Patient Aids Market
- Table: Patient Aids Market, 2009-2018 (US$mn % Change)

8. Other Medical Devices Market Forecast

- Table: Other Medical Devices Market, 2008-2018 (US$mn)
- Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)

9. Annual Medical Device Imports

- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Medical Device Imports By Product Area, 2009-2013 (US$000s % Change)
- Table: Top 20 Medical Device Suppliers, 2013 (US$000s)
- Table: Detailed Medical Device Imports By Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Import Trends By Product Area, 2013
- Table: Detailed Leading Medical Device Suppliers By Product Area, 2013 (US$000s)

10. Monthly Medical Device Imports

- Table: Monthly Medical Device Imports By Product Area, May 2011-June 2014 (US$mn)

11. Annual Medical Device Exports

- Table: Medical Device Exports By Product Area, 2009-2013 (US$000s)
- Table: Medical Device Exports By Product Area, 2009-2013 (US$000s % Change)
- Table: Top 20 Medical Device Destinations, 2013 (US$000s)
- Table: Detailed Medical Device Exports By Product Area, 2009-2013 (US$000s)
- Table: Detailed Medical Device Export Trends By Product Area, 2013
- Table: Detailed Leading Medical Device Destinations By Product Area, 2013 (US$000s)
- Table: Detailed Medical Device Balance Of Trade, 2009-2013 (US$000s)

12. Monthly Medical Device Exports

- Table: Monthly Medical Device Exports By Product Area, May 2011-June 2014 (US$mn)

13. Macroeconomic Forecasts

- Economic Analysis
- Table: GDP By Expenditure (United States 2011-2018)
- Industry Risk Reward Ratings
- Table: Americas Medical Device Risk/Reward Ratings, Q414

14. Market Overview

- Medical Device Market Overview
- Table: Medical Device Market, Key Ratios, 2013
- Table: Medical Device Market By Product Area, 2013

15. Healthcare Overview

- Health Status
- Healthcare System
- Healthcare Funding
- Table: Marketplace Enrolment As A Share Of The Potential Marketplace Population (to April 19 2014)
- Table: Largest Health Insurance & Managed Care Companies By Revenue, 2012

16. Healthcare Resources

- Table: Medical Technology By Type, 2006-2012 (Units)
- Table: Diagnostic Exams By Type, 2005-2011

17. Healthcare Activity

- Healthcare Personnel
- Key Healthcare Data
- Table: Key Healthcare Data, 2008-2013

18. Industry Trends & Developments

- Regulatory Development
- Medical Device Regulations
- Medical Device Pricing & Reimbursement
- Competitive Landscape
- Domestic Medical Device Production
- Table: Summary Sector Trends, 1999-2007 (US$mn)
- Table: Medical Equipment Production By Category, 2007 (US$mn)
- Table: US Census Bureau NAICS Codes & Description
- Table: Establishments, Workers & Shipments By Top Five States & Industry Sector, 2002

19. National Medical Device Manufacturers

- Multinational Market Activity
- Table: Multinational Market Activity, 2014

20. Medical Device Market Access

- Distribution
- Trade Organisations
- Trade Shows
- Methodology
- Medical Device Market Methodology
- Trade Code Classifications
- Table: Used HS Trade Codes, 2014

21. Risk/Reward Ratings Methodology

- Table: Medical Devices Risk/Reward Ratings Indicators, 2014

22. Sources

23. Contact

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Baxter
  • Covidien
  • General Electric
  • Johnson & Johnson
  • Medtronic
  • MORE

The US medical market is forecast to see steady growth over the next five years, despite a projected slowdown in health spending, the impact of the newly introduced Medical Device Excise Tax and uncertainties within the healthcare system in the wake of the Patient Protection and Affordable Care Act. Imports have been growing in line with the market, which remains by far the world's largest. Exports are continuing to rise as US manufacturers seek out opportunities in emerging global markets.

Headline Industry Forecasts:

- At an estimated USD125.4bn in 2013, the US medical device market is the world's largest. Per capita expenditure, at USD392, is the second highest in the world, behind only Switzerland. The market is projected to grow at a CAGR of 6.1% over the 2013-2018 period, as it settles down into a more consistent pattern after the volatile 2008-2013 period.

- Medical device imports increased by 4.6% to reach a record high of USD37,751mn in 2013. Over the last ten years, the only year not to show an increase was 2009 when the impact of the global economic crisis led to a 5.9% fall in imports. Imports increased at a CAGR of 4.3% over the 2008-2013 period. The running annual total reached USD39.4bn in the 12 months to November 2014, representing y-o-y growth of 4.9%.

- Medical device exports grew at a CAGR of 4.5% over the 2008-2013 period. The running annual total reached USD44.1bn in the 12 months to November 2014, representing y-o-y growth of 0.8%. The balance of trade surplus fell sharply in 2013, to total USD5.7bn.

- Many of the world's leading medical device companies are based in the US. The top ten US medical device manufacturers achieved combined global revenues of USD112.3bn in fiscal 2013.

Note: Product cover images may vary from those shown

- Baxter
- Covidien
- General Electric
- Johnson & Johnson
- Medtronic

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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  • Quick Help: The report will be emailed to you. Online access is provided for this product. This is an enterprise license, allowing all employees within your organisation access to the product.

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