Abstract
The first edition of Clinica' s Medical Technology Company League Tables presents the financial information necessary to assess the performance of leading medical technology manufacturers and suppliers worldwide. The market changes rapidly and industry news is dominated by mergers and acquisitions, making it more important than ever to keep up-to-date with what is happening in this $260 billion industry. The report offers the knowhow required to accurately assess the medical technology market, its segments and major players, thus providing invaluable competitor intelligence for senior executives and other decision makers. The information contained in this report originates from disparate sources including annual reports and SEC filings, analyst reports, questionnaires, personal correspondence and conference material.
A wide spectrum of companies is involved in the market and their output ranges from the production of components to complete instruments. Clinica' s League Tables aims to compare the companies working in the major therapeutic areas: cardiology; diagnostics; dialysis; electromedical; ophthalmology; orthopaedics/prostheses; radiology therapy; respiratory; surgery; and wound care.
Financial data is presented in a series of tables according to medical technology sales value, sales growth, export sales, research and development (R&D) expenditures (by percentage of sales and by nominal value), profitability and number of employees. To present the financial data in a comparable format, figures are converted from their local currencies to US dollars. The exchange rates used are based on the average conversion rates for 2005 and it should therefore be kept in mind that exchange rate movements may influence the financial figures.
Most companies report their year end results on 31 December. Some companies, however, report on different dates with the majority of Japanese companies reporting on 31 March. The League Table does not take into account the different year ends and, for the purpose of the League Tables, and to be as up-to-date as possible, 2005 figures are defined as fiscal years ended by July 2006.
Many of the companies featured in Clinica' s League Tables deal purely in medical devices or diagnostics. In a number of cases, however, medical devices represent only a proportion of business within a diverse conglomerate, as is the case with Siemens and General Electric (GE). Companies are not required to report details of financial figures for divisions below a certain size so estimates provide the basis for its overall ranking. These figures are not random guesses, though, but educated predictions based on a varied and disparate set of sources. Some provide sales figures but no breakdowns beyond that. In these cases the companies received an overall ranking based on revenues while being omitted from the remaining league tables.
Table of Contents
CHAPTER 1: TOTAL SALES
CHAPTER 2: GROWTH VS 2004
CHAPTER 3: GROWTH VS 2004 AS A PERCENTAGE
CHAPTER 4: EXPORT SALES AS A PERCENTAGE
CHAPTER 5: TOTAL R&D SPEND
CHAPTER 6: R&D SPEND AS A PERCENTAGE OF SALES
CHAPTER 7: NET INCOME/PROFIT
CHAPTER 8: MARGIN (SALES/PROFIT) %
CHAPTER 9: NUMBER OF EMPLOYEES
CHAPTER 10: COMPANY PROFILES
- 10.1 A Menarini Diagnostics
- 10.2 Abbott Laboratories
- 10.3 Abiomed
- 10.4 Accellent
- 10.5 AFP Imaging
- 10.6 Agfa Healthcare
- 10.7 Alcon Laboratories
- 10.8 Allied Healthcare Products
- 10.9 Aloka
- 10.10 American Medical Systems
- 10.11 Advanced Medical Optics
- 10.12 Analogic
- 10.13 AngioDynamics
- 10.14 Arrow International
- 10.15 ArthroCare
- 10.16 Aspect Medical Systems
- 10.17 Astra Tech
- 10.18 Atrion Medical Products
- 10.19 ATS Medical
- 10.20 Axis-Shield
- 10.21 B Braun
- 10.22 Bausch & Lomb
- 10.23 Baxter International
- 10.24 Bayer Diagnostics
- 10.25 Beckman Coulter
- 10.26 Becton, Dickinson
- 10.27 Bespak
- 10.28 Biolase Technology
- 10.29 bioMerieux
- 10.30 Biomet
- 10.31 Bio-Rad Laboratories
- 10.32 Biosensors International
- 10.33 Biosite
- 10.34 Biotronik
- 10.35 Boston Scientific
- 10.36 Bracco
- 10.37 Bristol-Myers Squibb
- 10.38 BSN medical
- 10.39 Canon
- 10.40 Cantel Medical
- 10.41 Cardiac Science
- 10.42 Cardinal Health
- 10.43 CardioDynamics
- 10.44 Carl Zeiss
- 10.45 Celera Diagnostics
- 10.46 Cepheid
- 10.47 Chiron
- 10.48 Cholestech
- 10.49 CH-Werfen
- 10.50 Cochlear
- 10.51 Coloplast Group
- 10.52 Compex Technologies
- 10.53 Conceptus
- 10.54 Conmed
- 10.55 Cook
- 10.56 Cooper Surgical
- 10.57 Corin Group
- 10.58 Cozart
- 10.59 CR Bard
- 10.60 Cryolife
- 10.61 Cyberonics
- 10.62 Cytyc
- 10.63 Dade Behring
- 10.64 DakoCytomation
- 10.65 Danaher
- 10.66 Datascope
- 10.67 Dentsply International
- 10.68 DeRoyal Industries
- 10.69 Diagnostic Products
- 10.70 Digene
- 10.71 Digirad
- 10.72 Diomed
- 10.73 DJ Orthopedics
- 10.74 Dornier MedTech
- 10.75 Dow Corning Healthcare
- 10.76 Draeger Medical
- 10.77 Eastman Kodak
- 10.78 Edwards Lifesciences
- 10.79 Elekta
- 10.80 Encore Medical
- 10.81 Enpath Medical
- 10.82 Escalon Medical
- 10.83 ev3
- 10.84 Exactech
- 10.85 E-Z-EM
- 10.86 Ferraris
- 10.87 Fischer Imaging
- 10.88 Fisher & Paykel Healthcare
- 10.89 Fonar
- 10.90 Fresenius
- 10.91 Fujifilm
- 10.92 Fujirebio
- 10.93 Gambro
- 10.94 GE Healthcare
- 10.95 Gen-Probe
- 10.96 Genzyme
- 10.97 Getinge
- 10.98 Given Imaging
- 10.99 Guerbet
- 10.100 Guidant
- 10.101 Gyrus
- 10.102 Haemonetics
- 10.103 Hill-Rom
- 10.104 Hitachi Medical
- 10.105 Hogy Medical
- 10.106 Hollister
- 10.107 Hologic
- 10.108 Horiba Instruments
- 10.109 Hospira
- 10.110 Huntleigh Technology
- 10.111 Immucor
- 10.112 Inamed
- 10.113 Integra LifeSciences
- 10.114 Intermagnetics
- 10.115 Invacare
- 10.116 Inverness Medical Innovations
- 10.117 IsoTis
- 10.118 Johnson & Johnson
- 10.119 Karl Storz
- 10.120 Kensey Nash
- 10.121 Kimal
- 10.122 Kimberly-Clark
- 10.123 Kinetic Concepts
- 10.124 Konica Minolta
- 10.125 Kyphon
- 10.126 Laserscope
- 10.127 LifeCell
- 10.128 Lifecore Biomedical
- 10.129 Lumenis
- 10.130 Luminex
- 10.131 Masimo
- 10.132 MDS Nordion
- 10.133 Medrad
- 10.134 Medtronic
- 10.135 Mentor
- 10.136 Merit Medical Systems
- 10.137 Misonix
- 10.138 Molnycke Health Care
- 10.139 Monogram Biosciences
- 10.140 Myriad Genetics
- 10.141 Natus Medical
- 10.142 Nihon Kohden
- 10.143 NMT Medical
- 10.144 NuVasive
- 10.145 Olympus
- 10.146 Omron
- 10.147 Orasure Technologies
- 10.148 Orthofix
- 10.149 Orthovita
- 10.150 Paul Hartmann
- 10.151 PerkinElmer
- 10.152 Philips Medical Systems
- 10.153 Possis Medical
- 10.154 Quidel
- 10.155 Regeneration Technologies
- 10.156 ResMed
- 10.157 Respironics
- 10.158 RITA Medical Systems
- 10.159 Roche Diagnostics
- 10.160 Schick Technologies
- 10.161 Shimadzu
- 10.162 Siemens Medical Solutions
- 10.163 Smith & Nephew
- 10.164 Smiths Medical
- 10.165 Somanetics
- 10.166 SonoSite
- 10.167 Sorin
- 10.168 Spacelabs Healthcare
- 10.169 Spectranetics
- 10.170 St Jude Medical
- 10.171 STAAR Surgical
- 10.172 Steris
- 10.173 Stratagene
- 10.174 Stryker
- 10.175 Symmetry Medical
- 10.176 Synovis Life Technologies
- 10.177 Synthes
- 10.178 Sysmex
- 10.179 Teleflex Medical
- 10.180 Terumo
- 10.181 Thermo Electron
- 10.182 Thoratec
- 10.183 Toshiba
- 10.184 Trinity Biotech
- 10.185 TriPath Imaging
- 10.186 Tutogen Medical
- 10.187 Tyco Healthcare
- 10.188 UnoMedical
- 10.189 Urologix
- 10.190 Varian Medical Systems
- 10.191 Vascular Solutions
- 10.192 Ventana Medical Systems
- 10.193 Viasys Healthcare
- 10.194 Vital Signs
- 10.195 Welch Allyn
- 10.196 Wilson Greatbatch
- 10.197 WL Gore
- 10.198 Wright Medical Technology
- 10.199 Zimmer
- 10.200 Zoll Medical
LIST OF TABLES
- Table 1.1 Sales ($m)
- Table 2.1 Growth vs 2004 ($m)
- Table 3.1 Growth vs 2004 (%)
- Table 4.1 % Export sales
- Table 5.1 R&D spend ($m)
- Table 6.1 R&D spend as a % of sales
- Table 7.1 Net income/profit ($m)
- Table 8.1 Margin (sales/profit) (%)
- Table 9.1 Number of employees
