| Global Medical Devices Industry Outlook to 2010: Buyer | | | | senior purchase decision makers and leading supplier |
| Spend and Procurement Strategies and the Impact of | | | | organizations |
| Recession and Recovery | | | | - Key topics covered include buyer spend activity, |
| Summary | | | | procurement behaviors & strategies and how |
| “Global Medical Devices Industry Outlook to | | | | these have been affected by the recession, threats |
| 2010” is a new report published by Global Markets | | | | & opportunities for the medical devices industry, |
| Direct in association with ICD Research that analyzes | | | | economic outlook and business confidence. |
| how medical equipment companies spend, | | | | - In the report buyers identify what suppliers need to |
| procurement strategies & practices and business | | | | do to maintain their business and the key actions being |
| are being affected by the recession. In an uncertain | | | | taken by industry players to overcome the leading |
| economic climate this report gives you access to the | | | | business threats |
| category-level spending outlooks, buyer budgets, | | | | - The report provides qualitative analysis of the key |
| supplier selection criteria, business challenges and | | | | industry threats and opportunities and contains full |
| investment opportunities of leading purchase decision | | | | survey results |
| makers. The report also identifies buyers and suppliers | | | | - The geographical scope of the research is global |
| future growth, M&A and investment expectations. | | | | – drawing on the activity and expectations of |
| The research is based on an extensive survey of | | | | leading industry players across the Americas, Europe, |
| senior and C-level industry executives from our | | | | Asia-Pacific and Africa & Middle East. |
| market leading panels. | | | | Highlights |
| Scope | | | | - As many as 56% of medical device manufacturers |
| - The opinions and forward looking statements of over | | | | and contractors expect to increase their procurement |
| 150 medical device manufacturer respondents have | | | | spend over the next 12 months, and a further 20% |
| been captured in our in-depth survey, of which 80% | | | | looking to maintain it at current levels, and with many |
| represent Directors, C-levels & Departmental | | | | claiming to be re-evaluating their supplier base the |
| Heads | | | | market open to competition is expected to increase |
| - This report covers data and analysis on buyer spend, | | | | over the coming year |
| procurement and industry developments by medical | | | | - 30% of industry buyers are seeking to engage in |
| device manufacturers and contractors and industry | | | | partnerships to optimize working capital and reduce |
| suppliers worldwide | | | | costs - closer cooperation between suppliers and |
| - The report examines current practices and provides | | | | buyers is being sought during this time of market |
| future expectations over the next 12-24 months | | | | uncertainty |
| - The research is based on primary survey research | | | | - Only 22% of industry buyers do not regularly |
| conducted by Global Markets Direct in association with | | | | evaluate suppliers to ensure they meet high ethical and |
| ICD Research accessing its B2B panels comprised of | | | | environmental standards. |