Today: May 26, 2016, 2:35 pm

Global medical device market: BRIC countries to offer high growth in coming years
Global Medical Devices Survey 2013-2014 - Market Trends, Marketing Spend and Sales Strategies in the Global Medical Devices Industry - a new market research report on 2014-04-29 10:18:02
Executives from the global medical device industry anticipate an increase in consolidation, with 55% of respondents projecting an increase in merger and acquisition (MandA) activities in 2013.MandA is driven by the need for favourable product development and commercial product performance, a surge in demand for more sophisticated medical equipment, high patient expectations, stringent legislation, and rising living standards.Key Market IssuesAccording to the medical device industry respondents, China, India, Brazil, Russia, and Eastern Europe are expected to offer the most industry growth opportunities in 2013.´Market uncertainty´, ´responding to pricing pressure´, and ´regulatory change´ are the leading business concerns for the global medical devices industry in 2013.The projected average size of the global annual marketing budget for supplier companies in the medical devices industry in 2012 was US$1.7 million, but this decreased to US$725,000 in 2013.´Online content sites and portals´ was highlighted as a key investment area by 37% of supplier respondents, while 35% of respondents projected strong investment growth in ´corporate and brand websites´.Overall, ´competitor and market intelligence research´, ´customer intelligence and analytics´, and ´business performance management solutions´ were identified as the marketing and sales solutions that most respondents expected to invest in during 2013.Key HighlightsAn analysis of revenue growth expectations by senior level respondents reveals that 48% are ´more optimistic´ about their company´s revenue growth in 2013.An analysis of responses by global medical devices manufacturers reveals that ´new product development´ and ´employee training´ will record a significant increase in capital expenditure in 2013.The top three key priorities in 2013 for medical device manufacturers include the introduction of ´new products and services´, business ´expansion in current market´, and ´expand geographical reach´. A total of 43% of respondents from medical device manufacturing companies and 49% of respondents from medical device supplier companies anticipate an increase in their current workforce in 2013.Survey results indicate that the top five developed countries expected to generate the most demand for the medical device industry in 2013 are Singapore, Taiwan and Hong Kong, the US, the UK, Germany, and South Korea.

Click for report details: ..

Browse all Healthcare and Medical Market Research Reports ..

Browse all Healthcare and Medical Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 578 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.