Core Tip : EvaluateMedTech TM predicts based on data from 120 leading companies in the industry: By 2018, global medical technology sales will reach 440 billion US dollars, a growth rate of 4.4% (CAGR). It is expected that the company with the largest sales in the medical technology field in 2018 For Johnson & Johnson, the company's global medical technology sales will reach $ 37.8 billion.
(1) Global medical technology (including medical equipment and diagnostic products) sales are expected to reach US $ 440 billion in 2018 (CAGR: + 4.4% from 2011 to 2018).
(2) The growth rate of medical technology sales in 2011-2018 is expected to exceed the prescription drug market, CAGR: + 4.4% vs + 2.5%.
(3) The company with the largest sales in the medical technology field is expected to be Johnson & Johnson in 2018, and the company's global medical technology sales will reach 37.8 billion US dollars.
(4) It is expected that in-vitro diagnostics will become the largest sales category in the medical technology field in 2018, with sales of USD 54.5 billion.
(5) By 2018, it is estimated that R & D expenditure in the global medical technology field will reach 25.3 billion US dollars, with an annual growth rate of 3.3% (CAGR).
(6) The medical technology company that is expected to spend the most R & D expenditure in 2018 is Johnson & Johnson, and R & D expenditure is expected to reach US $ 2.1 billion.
(7) The number of first PMA approvals in 2011 was 43, an increase of 95% over the previous year; the number of 510-K approvals was 3145, an increase of 10% over the previous year.
(8) As of now, the number of first PMA approvals in 2012 is 24, of which 10 are in vitro diagnostic products and 7 are cardiac products.
(9) It is expected that in 2018, Roche will become the leader in the in vitro diagnostic market, with annual sales of US $ 9.9 billion and a market share of 18%.
(10) It is estimated that in 2018, Medtronic will still maintain the number one position in heart products worldwide, with global sales of 10.4 billion US dollars and a market share of 21%.
After acquiring Synthes in June 2012, it is expected that in 2018, Johnson & Johnson will become the leader in the orthopedic market with a market share of 30%. In the first half of 2012, the volume of M & A transactions in the medical technology field decreased by 46% over the same period last year, the number of transactions decreased by 42%, and total risk financing transactions rose by 9% to US $ 1.9 billion.
Global medical technology sales in 2018: by category
EvaluateMedTech â„¢ predicts based on data from 120 leading companies in the industry: By 2018, global medical technology sales will reach US $ 440 billion, a growth rate of 4.4% (CAGR);
In-vitro diagnostic products will become the largest sales category in the medical technology field in 2018, with sales reaching US $ 54.5 billion, surpassing cardiology products and diagnostic imaging products; the fastest-growing category is neurology products, with an annual growth rate of 6.1% (CAGR), total sales are expected to reach US $ 7.3 billion in 2018; orthopedics is the slowest growing category with an annual growth rate of 3.1% (CAGR)
Figure 2018 Market Analysis and Sales Growth Analysis of the Top 10 Equipment Sectors, Source: EvaluateMedtech, September 28, 2012
Figure Medical Technology Sales (2011/2018): 15 categories and total market value, source: EvaluateMedtech, September 28, 2012
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