Medical devices market 2011 - 2015

Analysts have forecast the Medical Devices market in Europe to grow at a CAGR of 3.7 percent over the period 2011-2015, with a key contributing factor being the increase in aging population. The Medical Devices market in Europe has also been witnessing the trend of increasing demand for minimally invasive procedures. However, intense competition among vendors could pose a challenge to the growth of this market, suggests TechNavio's report, Medical Devices Market in Europe 2011-2015.

Based on an in-depth analysis of the market with inputs from industry experts, the report covers the Europe region and the market landscape and its growth prospects in the coming years. It includes a discussion of the key vendors operating in this market, which include Johnson & Johnson Ltd, Siemens Healthcare, Baxter International Inc, Medtronic Inc, and GE Healthcare.

Other vendors mentioned in the report are Roche Diagnostics, Boston Scientific Corp., Beckton Dickinson and Co., Stryker Corp., B.Braun Melsungen AG, Cardinal Health Inc., Guidant Corp., 3M Healthcare, Hospira Inc., Fresenius Medical Care AG & Co. KGaA, St. Jude Medical Inc., Terumo Corp., Varian Medical Systems Inc., Gambro AB, and Drager Medical AG & Co. KGaA

Key questions answered in this report include market size in 2015 and growth rate; trends and drivers; challenges to market growth; main vendors and the opportunities and threats they face as well as consideration of their strength and weaknesses.

Further details can found at www.technavio.com