The Medical Device Industry Report 2007

Table of Contents

Introduction and Methodology

Industry Review

• Which companies have merged or been taken over since last year?
• Which companies have both pharmaceutical and medical device operations?
• How are companies geographically dispersed?
  • Companies by Region and by Country in 2006
• How have companies in different regions performed?
  • Changes in Employee Numbers 2002 -2006
  • Changes in Productivity 2002-2006
  • Changes in Investment Rates 2002-2006
  • Changes in Cash from Operations 2002 - 2006
  • Changes in Medical Device Revenues 2002 - 2006
• What are the major trends in terms of growth in the medical device market likely to be?
• Which countries have an estimated medical device market worth in excess of US$1.5 billion in 2007?
  • Estimated Market Size (US$) - 2007
• What is the estimated per capita expenditure on medical devices for the largest national markets?
  • Per Capita Expenditure by Market (US$) - 2007
• What is the projected growth rate for medical device revenues in leading markets over the next five years?
  • Predicted Growth Rates in Medical Device Market Value Over Five Years (%)
• Which of the emerging markets are likely to grow fastest?
  • Estimated Market' s Size and Growth
• Which countries are projected to have a medical device market worth in excess of US$2 billion in 2012?
  • Country By Projected Market Size
• Is the annual growth rate for the medical device industry increasing or decreasing over time?
  • Percentage Yearly Growth in Combined Medical Device Sales Revenues
  • Growth in Medical Device Revenues for 65 Leading Medical Device Companies
  • Forecast Growth in Medical Device Sales
• Among leading companies, how many derive more than 75% of revenues from medical device sales?
  • Companies By Revenue in 2006
• Do conglomerates play a significant role in the medical device industry?
• Which companies climbed up the table in terms of medical device sales the fastest in 2006?
• In financial terms, how do pure-play medical device companies perform?
  • Pure-Play Companies
• How much do medical device companies spend on research and development annually?

Performance Tables

Medical Device Revenues

• Medical Device Revenues 2002-2006 (Local Currency, Million)
• Companies Ranked by Medical Device Revenues 2006 (US$, Million)
• Companies Ranked by Yearly Change in Medical Device Revenues (Local Currency, Million)
• Five Year Movement of Medical Device Revenues (US$, Million at 2002 Exchange Rates)
• Five Year Change in Medical Device Revenues (Index Numbers)

Revenues

• Revenues 2002-2006 (Local Currency, Million)
• Companies Ranked by Revenues 2006 (US$, Million)
• Companies Ranked by Yearly Change in Revenues (Local Currency, Million)
• Five Year Movement of Revenues (US$, Million at 2002 Exchange Rates)
• Five Year Change in Revenues (Index Numbers)

Operating Profit

• Operating Profit 2002-2006 (Local Currency, Million)
• Companies Ranked by Operating Profit 2006 (US$, Million)
• Companies Ranked by Yearly Change in Operating Profit (Local Currency, Million)
• Five Year Movement of Operating Profit (US$, Million at 2002 Exchange Rates)
• Five Year Change in Operating Profit (Index Numbers)

Net Profit

• Net Profit 2002-2006 (Local Currency, Million)
• Companies Ranked by Net Profit 2006 (US$, Million)
• Companies Ranked by Yearly Change in Net Profit (Local Currency, Million)
• Five Year Movement of Net Profit (US$, Million at 2002 Exchange Rates)
• Five Year Change in Net Profit (Index Numbers)

R&D Expenditure

• R&D Expenditure 2002-2006 (Local Currency, Million)
• Companies Ranked by R&D Expenditure 2006 (US$, Million)
• Companies Ranked by Yearly Change in R&D Expenditure (Local Currency, Million)
• Five Year Movement of R&D Expenditure (US$, Million at 2002 Exchange Rates)
• Five Year Change in R&D Expenditure (Index Numbers)

Capital Expenditure

• Capital Expenditure 2002-2006 (Local Currency, Million)
• Companies Ranked by Capital Expenditure 2006 (US$, Million)
• Companies Ranked by Yearly Change in Capital Expenditure (Local Currency, Million)
• Five Year Movement of Capital Expenditure (US$, Million at 2002 Exchange Rates)
• Five Year Change in Capital Expenditure (Index Numbers)

Assets

• Assets 2002-2006 (Local Currency, Million)
• Companies Ranked by Assets 2006 (US$, Million)
• Companies Ranked by Yearly Change in Assets (Local Currency, Million)
• Five Year Movement of Assets (US$ Million at 2002 Exchange Rates)
• Five Year Change in Assets (Index Numbers)

Employees

• Employees 2002-2006
• Companies Ranked by Employees 2006
• Companies Ranked by Yearly Change in Employees
• Five Year Movement of Employees (US$ at 2002 Exchange Rates)
• Five Year Change in Employees (Index numbers)

Foreign Sales

• Foreign Sales 2002-2006 (Local Currency, Million)
• Companies Ranked by Foreign Sales 2006 (US$, Million)
• Companies Ranked by Yearly Change in Foreign Sales (Local Currency, Million)
• Five Year Movement of Foreign Sales (US$, Million at 2002 Exchange Rates)
• Five Year Change in Foreign Sales (Index Numbers)

International Sales

• International Sales by Origin 2002-2006 (Local Currency, Million)
• Companies Ranked by International Sales by Origin 2006 (US$, Million)
• Companies Ranked by Yearly Change in International Sales by Origin (Local Currency, Million)
• Five Year Movement of International Sales by Origin (US$, Million at 2002 Exchange Rates)
• Five Year Change in International Sales by Origin (Index Numbers)

Earnings per Share

• Earnings per Share 2002-2006 (Local Currency)
• Companies Ranked by Earnings per Share 2006 (US$)
• Companies Ranked by Yearly Change in Earnings per Share (Local Currency)
• Five Year Movement of Earnings per Share (US$ at 2002 Exchange Rates)
• Five Year Change in Earnings per Share (Index Numbers)

Return on Capital Employed

• Return on Capital Employed 2002-2006 (Operating Profit as a % of Net Assets)
• Companies Ranked by Return on Capital Employed 2006 (%)
• Companies Ranked by Yearly Change in Return on Capital Employed (%)

Productivity

• Productivity 2002-2006 (US$, Revenue per Employee)
• Companies Ranked by Productivity 2006 (US$, Revenue per Employee)
• Companies Ranked by Yearly Change in Productivity (US$, Revenue per Employee)
• Five Year Movement of Productivity (US$ at 2002 Exchange Rates)
• Five Year Change in Productivity (Index Numbers)

Profitability

• Profitability 2002-2006
• Companies Ranked by Profitability 2006 (%)
• Companies Ranked by Yearly Change in Profitability (%)

Research Rates

• Research Rates 2002-2006
• Companies Ranked by Research Rates 2006 (%)
• Companies Ranked by Yearly Change in Research Rates (%)
• Investment Rates
• Investment Rates 2002-2006
• Companies Ranked by Investment Rates 2006 (%)
• Companies Ranked by Yearly Change in Investment Rates (%)

Regional Rankings

• US Companies Ranked by Medical Device Revenue - 2006 (US$, Million)
• US Companies in Medical Device Sales 2002 - 2006 (US$, Million)
• US Companies Ranked by Total Revenue - 2006 (US$, Million)
• US Companies Total Revenue 2002 - 2006 (US$, Million)
• European Companies Ranked by Medical Device Revenue - 2006 (US$, Million)
• European Companies Medical Device Sales 2002 - 2006 (US$, Million)
• European Companies Ranked by Total Revenue - 2006 (US$, Million)
• European Companies Total Revenues 2002 - 2006 (US$, Million)
• Japanese Companies Ranked by Medical Device Revenue - 2006 (US$, Million)
• Japanese Companies Total Revenues 2002 - 2006 (US$, Million)
• Japanese Companies Ranked by Total Revenue - 2006 (US$, Million)
• Japanese Companies Total Revenues 2002 - 2006 (US$, Million)

Company Results

• 3M
• Abbott Laboratories
• Advanced Medical Optics
• Agfa-Gevaert
• Alcon
• Allergan
• Aloka
• American Medical Systems
• Analogic
• Arrow International
• Arthrocare
• Asahi Kasei
• AstraZeneca
• B Braun
• Bausch & Lomb
• Baxter International
• Bayer
• Becton Dickinson
• Biomet
• Boston Scientific
• Bristol-Myers Squibb
• C R Bard
• Canon
• Cardiac Science
• Cardinal Health
• Carl Zeiss
• Cochlear
• Coloplast
• Conmed
• Cytyc
• Danaher
• Datascope
• DJO
• Drager
• Eastman Kodak
• Edwards Lifesciences
• Elekta
• ev3
• Fisher & Paykel
• Fresenius
• Fuji Photo Film
• Fukuda Denshi
• General Electric
• Getinge
• Gyrus
• Haemonetics
• Hillenbrand
• Hitachi
• Hogy Medical
• Hologic
• Hospira
• Hoya
• Integra Lifesciences
• Intuitive Surgical
• Invacare
• Johnson & Johnson
• Kimberly-Clark
• Kinetic Concepts
• Konica Minolta
• Kuraray
• Kyphon
• Medtronic
• Mentor
• Merit Medical
• Mindray Medical
• Nihon Kohden
• Nipro
• Novartis
• Olympus
• Omron
• Orthofix International
• Paul Hartmann
• Philips
• Phonak
• Resmed
• Respironics
• Roche
• Shimadzu
• Siemens
• Smiths Group
• Smith & Nephew
• Sonosite
• Sorin
• St Jude
• Stryker
• Synthes Stratec
• Telelflex
• Terumo
• The Cooper Companies
• Thoratec
• Toray
• Toshiba
• Tyco Industries
• Varian Medical
• Viasys Healthcare
• Vital Signs
• William Demant
• Wright Medical
• Zimmer
• Zoll Medical

Appendix

• Company Year End, Country and Region
• US Dollar Exchange Rates