Summary
Investments in the global medical devices industry exceeded $73 billion in 2009. In the same year, $18.7 billion worth mergers & acquisitions (M&A) including asset transactions were carried out. While the industry actually witnessed a decline in the value of investments and M&As in 2009, the last couple of years had been startlingly dynamic for the global medical devices industry. One trend that was clearly visible was Big Pharma's increasing interest in medical device companies. Abbott's acquisition of Advanced Medical Optics
(AMO), Johnson & Johnson's (J&J) acquisition of Mentor Corporation are some key examples.
GlobalData's new report, "Mergers, Acquisitions, Strategic Partnerships and Licensing in the Medical Devices Industry-Portfolio Diversification Driving Big-Pharma's Medical Device Buyouts" provides key data, information and analysis on the intra and inter-industry consolidation activity involving medical device companies. The report is supplemented with data and insight on key mergers, acquisitions, strategic partnerships and licensing agreements carried out in the last few years. The report also provides information on the strategic rationale behind each deal, the post-deal impact analysis and what could it mean to the industry and the competitive landscape.
This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData's team of industry experts.
Table of Contents
1 Table of contents 5
1.1 List of Tables 7
1.2 List of Figures 7
2 Introduction and Overview 8
2.1 GlobalData Report Guidance 8
3 Medical Device Industry-Mergers and Acquisitions Landscape 9
4 Medical Device Industry-Partnership Agreements 10
5 Medical Device Industry-Mergers and Acquisition Trends 11
5.1 The Large Pharmaceutical Companies are Diversifying through Inorganic Growth 11
5.1.1 Novartis Acquires Alcon 11
5.1.2 Abbott Acquires Advanced Medical Optics 14
5.1.3 Johnson & Johnson Consolidates Medical Device Portfolio by Acquiring Mentor and Omrix 16
5.2 Consolidation in the Electrophysiology Market 19
5.2.1 Through the Acquisition of CryoCath Technologies and Ablation Frontiers, Medtronic Transforms into a Significant Player in the Electrophysiology Devices Market 19
5.2.2 Boston Scientific Corporation's Acquisition of CryoCor, Inc 22
5.2.3 St. Jude Medical Acquires EP MedSystems 23
5.3 Cardiovascular Device Companies Foraying into the Neurology Market 25
5.3.1 ev3's Acquisition of Chestnut Medical 32
5.3.2 St .Jude Medical Acquires Northstar Neuroscience 33
5.3.3 Medtronic Acquires NDI Medical 34
5.4 The Top Three Diagnostic Imaging Companies, GE Healthcare, Philips Healthcare and Siemens Healthcare, Are Looking to Diversify Their Portfolios 35
5.4.1 Philips' Acquisition of Respironics 35
5.4.2 Siemens Acquires Dade Behring Holdings, Inc. 38
5.4.3 GE's Acquisition of Vital Signs 41
5.5 Spinal Surgery Companies Acquiring Companies with Non-Fusion Technologies 42
5.5.1 NuVasive Acquires Cervitech 43
5.5.2 Integra Life Sciences Acquires Theken Spine 44
5.5.3 Synthes Acquires N Spine 45
5.6 Medical Device Companies Focusing on Diversifying into Home Health Care 47
5.6.1 GE Healthcare Consolidates Product Portfolio with Acquisitions and Partnership Agreements 48
5.6.2 Teijin Acquires Three Home Healthcare Services Providers in the US 49
5.6.3 Bayer HealthCare Acquires iSense 50
5.6.4 Robert Bosch Acquires Health Hero Network 50
5.7 Anesthesia and Respiratory Devices Companies Entering the Sleep Apnea Diagnostics Market through Strategic Acquisitions 51
5.7.1 Ambu Acquires Sleepmate Technologies 52
5.7.2 Nihon Kohden Acquires Neurotronics 52
5.8 Medical Equipment Giants Focus on Emerging Markets with the Acquisition of Companies in China and Brazil 53
5.8.1 Philips Acquires Companies in Patient Monitoring Diagnostic Imaging with a Focus on Emerging Markets 53
5.8.2 FUJIFILM Acquires Tianjian Medi Tech 56
5.9 Medical Device Companies Looking at Health Care Information Technology to Strengthen Core Business through Partnerships and Acquisitions 57
5.9.1 Cerner Enters into a Partnership Agreement with Hill-Rom for the Integration of Hill Rom Smart Beds with Cerner's Millennium Healthcare Computing Platform 58
5.9.2 Allscripts Misys Healthcare Solutions Enters Into an Agreement with Cardinal Health 59
5.9.3 Fresenius Medical Care Acquires Health IT Services Group-Offering Nephrology Solutions 59
5.9.4 Elekta Acquires CMS to Offer Comprehensive Oncology Software Solutions Compatible with its Clinical Solutions for the Treatment of Cancer 60
5.10 Cardiovascular Companies Consolidating their Peripheral Vascular Disease Portfolios 61
5.10.1 Medtronic Acquires Invatec 62
5.10.2 Covidien's Acquisition of VNUS Medical Technologies, Inc. and Bacchus Vascular, Inc to Boost Its Peripheral Vascular Device Portfolio 66
5.11 In-vitro Diagnostic Companies Focus on Acquiring Companies with Molecular Diagnostic Testing Products 68
5.11.1 BD Diagnostics Acquires HandyLab 68
5.11.2 Qiagen Acquiring Digene 69
5.11.3 Hologic Acquiring Third Wave Technologies 70
6 Appendix 71
6.1 Acronyms 71
6.2 Research Methodology 72
6.3 Secondary Research 72
6.4 Primary Research 73
6.5 Forecasts 73
6.6 Expert Panels 74
6.7 GlobalData Consulting 74
6.8 Contact Us 74
6.9 Disclaimer 74
List of Tables
1.1 List of Tables
Table 1: Roles and Benefits of RPM Technologies in Chronic Disease Management 12
Table 2: Patient Monitoring Device Market, US, Revenue ($m), 2002-2009 14
Table 3: Patient Monitoring Device Market, US, Revenue ($m), 2009-2016 15
Table 4: Patient Monitoring Device Market, US, Company Share, 2009 16
Table 5: Number of People Suffering From One or More Forms of Cardiovascular Diseases, US, 2006 19
Table 6: Estimated Number of New Cases of Diabetes by Age Group, US, 2007 20
Table 7: Multiparameter Patient Monitoring Device Market, US, Revenue ($m), 2002-2009 22
Table 8: Multiparameter Patient Monitoring Device Market, US, Revenue ($m), 2009-2016 23
Table 9: Multiparameter Patient Monitoring Device Market, US, Company Share, 2009 24
Table 10: Non-Invasive Blood Pressure Monitors Market, US, Revenue ($m), 2002-2009 26
Table 11: Non-Invasive Blood Pressure Monitors Market, US, Revenue ($m), 2009-2016 27
Table 12: Non-Invasive Blood Pressure Monitors Market, US, Company Share, 2009 28
Table 13: Patient Monitoring Leads and Electrodes Market, US, Revenue ($m), 2002-2009 31
Table 14: Patient Monitoring Leads and Electrodes Market, US, Revenue ($m), 2009-2016 32
Table 15: Patient Monitoring Leads and Electrodes, US, Company Share, 2009 33
Table 16: Micro-Electromechanical Systems Market, US, Revenue ($m), Historic, 2002-2009 35
Table 17: Micro- Electromechanical Systems Market, US, Revenue ($m), 2009-2016 36
Table 18: Remote Patient Monitoring Device Market, US, Revenue ($m), 2002-2009 38
Table 19: Remote Patient Monitoring Device Market, US, Revenue ($m), 2009-2016 39
Table 20: Remote Patient Monitoring Device Market, US, Company Share 2009 40
Table 21: Neonatal Monitors Market, US, Revenue ($m), 2002-2009 43
Table 22: Neonatal Monitors Market, US, Revenue ($m), 2009-2016 44
Table 23: Neonatal Monitors Market, US, Company Share, 2009 45
Table 24: Fetal Monitors Market, US, Revenue ($m), 2002-2009 47
Table 25: Fetal Monitors Market, US, Revenue ($m), 2009-2016 48
Table 26: Fetal Monitors Market, US, Company Share, 2009 49
Table 27: Philips Healthcare, Deals Landscape, 2007-2010 52
Table 28: Philips Healthcare, Marketed Products, 2010 52
Table 29: GE Healthcare, Deals Landscape, 2007-2010 53
Table 30: GE Healthcare, Marketed Products, 2010 53
Table 31: Medtronic, Inc., Marketed Products, 2010 54
Table 32: Draegerwerk AG & Co. KGaA, Deals Landscape, 2007-2010 54
Table 33: Draegerwerk AG & Co. KGaA, Marketed Products, 2010 55
Table 34: OMRON HEALTHCARE Co. Ltd., Deals Landscape, 2007-2010 56
Table 35: OMRON HEALTHCARE Co. Ltd, Marketed Products, 2010 56
Table 36: St. Jude Medical, Inc., Marketed Products, 2010 57
Table 37: IntelliVue MP90, Features, Advantages and Benefits, 2010 58
Table 38: SureSigns VM6 patient monitor; Features, Advantages and Benefits 59
Table 39: MAC 800, Features, Advantages and Benefits 60
Table 40: Reveal Insertable Cardiac Monitor; Features, Advantages and Benefits, 2010 61
Table 41: Accent Pacemakers; Features, Advantages and Benefits, 2010 61
Table 42: HEM-907XL; Features, Advantages and Benefits, 2010 62
Table 43: CARESCAPE Monitor B850; Features, Advantages and Benefits, 2010 62
Table 44: Patient Monitoring Device, US, Pipeline Summary, 2010 63
Table 45: IQ2, Product Status, 2010 64
Table 46: Pain Monitoring System, Product Status, 2010 64
Table 47: Abreu-BTT 700 System, Product Status, 2010 65
Table 48: BP Guardian, Product Status, 2010 65
Table 49: Neonatal Sensor, Product Status, 2010 66
Table 50: Next Generation LifeShirt System, Product Status, 2010 66
Table 51: Patient Monitoring Device Market, US, Deals Overview, 2005-2009 67
Table 52: Patient Monitoring Device Market, US, Deals by Value ($m), 2005-2009 68
List of Figures
1.2 List of Figures
Figure 1: Mergers and Acquisitions, Global, Deal Value and Volume, $ Billion, 2007-2009 9
Figure 2: Partnership Agreements, Global, 2007-2009 10
Figure 3: Novartis and Alcon have Complementary Eye Care Business Segments 12
Figure 4: Cataract Surgery Devices Market, Global, Revenue ($m) 2009-2016 13
Figure 5: Refractive Surgery Devices Market, Global, Revenue ($m) 2009-2016 15
Figure 6: Breast Implants Market, Global, Revenue ($ billion), 2009-2016 17
Figure 7: Breast Implants Market , Global, Company Share (%), 2009 18
Figure 8: Electrophysiology Devices Market, Global, Revenue ($m), 2009-2016 21
Figure 9: Neurostimulation Devices Market, Global, Revenue ($m), 2009-2016 25
Figure 10: Interventional Neurology Devices Market, Global, Revenue ($m), 2009-2016 26
Figure 11: Current and Future Applications of Neurostimulation 31
Figure 12: Diseases that can be Treated with Deep Brain Stimulation 32
Figure 13: Acquisition of Respironics Completes Philips' Continuum of Care 36
Figure 14: Diverse Product Portfolio of Respironics 37
Figure 15: Acquisition of Dade Behring by Siemens 39
Figure 16: Siemens Acquisition of Dade Behring Strengthened its Diagnosis Value Chain 40
Figure 17: Spinal Non Fusion Devices Market, Global, Revenue ($m),2009-2016 42
Figure 18: Artificial Disc Replacement Market, Global, Revenue ($m), 2009-2016 43
Figure 19: Dynamic Stabilization Market, Global, Revenue ($m), 2009-2016 46
Figure 20: Home Healthcare Devices Market, Global, Revenue ($m), 2009-2016 47
Figure 21: Sleep Apnea Diagnostic Devices Market , Global, Revenue ($m), 2009-2016 51
Figure 22: Healthcare Information Technology Market , China, Revenue ($m), 2009-2016 56
Figure 23: Cardiovascular Devices Market, Revenue Contribution Split, 2009 61
Figure 24: Medtronic -Invatec Acquisition Deal, Strategic Fit Assessment 63
Figure 25: Peripheral Vascular Devices Market, Global, Revenue, ($m), 2009-2016 64
Figure 26: Covidien's Acquisition of VNUS Medical & Bacchus Vascular, Product Portfolio Fit 67
Figure 27: GlobalData Methodology 72