The cardiovascular (CV) device industry is highly competitive and has reached maturity resulting in single digit growth rates of prominent devices such as pacemakers, defibrillators, and drug eluting stents (DES). Innovations in niche sectors such as atrial fibrillation (AF) and ventricular assist devices (VADs) are poised for double digit growth in the near to mid-term future. From 2007–09, the top three companies in the CV segment acquired other smaller firms to expand their product portfolios and to gain market share in new geographies. Some major companies also established manufacturing facilities outside the US to enhance cost containment and product distribution. The CV device market remained relatively resilient during the economic downturn compared with other healthcare segments. The 2007–09 period also witnessed a considerable rise in consolidation activities among major companies. This report provides detailed profiles of the top 10 cardiovascular (CV) device companies and brief profiles of other major players. It also elucidates trends within the cardiovascular device market. The detailed profiles contain descriptions of business, financial performance, growth strategies and SWOT analyses. The analysis is based on:• Each company’s consolidated and segmental financial performance;• Each company’s growth strategies and major acquisitions and divestments relating to the CV devices market;• Key partnerships and alliances formed by these companies;• Business-related strengths and weaknesses of these companies and insights into the opportunities and threats facing them. Key features of this reportDrivers• Innovations in CRM and DES segments such as MRI compatible pacemakers from Medtronic and Abbott’s Xience drug eluting stent with their positive clinical outcomes support stronger evidence for long-term benefits. • Emerging markets for DES in Canada, China and parts of Asia furnish opportunities to expand businesses for CV companies. • Ageing population in industrialized markets such as the US, Europe and Japan are increasing. Moreover, the ICDs and pacemakers in these geographies are expected to have a second-phase of CRM implants. Resistors• The safety and efficacy of DES are under scrutiny following numerous clinical studies and more studies are being executed to justify the long-term efficacy of DES intervention. • Markets for ICDs and pacemakers have reached maturation. ICD sales are growing between 4-5% and pacemakers between 2-3% annually. • Reduction in reimbursement affects sales and profitability for CV device manufacturers. Scope of this report• Learn from the business operation strategies of the premier CV device companies to target future growth markets effectively, avoid their mistakes, and replicate their successes. • Benchmark your performance against the leading CV device companies. • Analyze the growth strategies of major players in the CV industry and how their business models are planned for the next 3 to 5 years. • Compare performances of the top 10 companies in the CV market with respect to acquisitions, new product innovation, geographic expansion, and industry challenges. • Save time, money and resources on analyzing the performance of leading CV device companies using this report. Key Market IssuesPricing pressures due to industry regulationsThe CV device industry is highly regulated around the world with stringent guidelines defined by regulatory bodies. The medical device approvals by governing bodies such as the FDA in the US have become very meticulous that CV device manufacturers are launching products outside the US such as Europe and Canada. Since the prices are strictly regulated outside the US, manufacturers will be forced to launch their products in the US for a similar price. In the long run, the pricing pressures would continue to prevail and limit the profitability margins for CV device manufacturers. Significance of CV device innovationMarkets reaching saturation for major revenue generators in the CV device segment such as ICD, pacemaker and DES. New device innovation will be the only parameter that will assure a company of its competitive edge. Novel technologies that are uncontested would help a company by allowing it to charge premium pricing. Research & development (R&D) initiatives and interdisciplinary knowledge will remain the benchmark for assuring a company’s success and commanding prevalence in the market. Decline in capital expenditure of hospitalsIn the US, hospitals spend a considerable amount of their revenues on capital expenditure to improve their facilities and purchase new medical technology. However, the impact of economic recession since 2008 had forced hospitals to decrease their capital expenditure by almost 6%. This decline will impact the medical devices industry across all sectors in the CV device division. Some segments of the CV device industry such as ICD, pacemakers, heart valves and stents will remain insulated from the economic impact given their non-elective nature of associated procedures. other low budget, high-frequency CV accessories that hospitals purchases on a regular basis will be affected due to decline of capital expenditures. Key findings from this report• The top 10 companies had cumulative revenues of $27bn in 2009 and over 95% share of the global CV device market. The top 3 CV device companies dominate more than 60% of this segment’s market share. • Medtronic was the No. 1 company with CV device revenues of $8. 6bn in 2009. The company strategically acquired other franchises to expand its heart valve and catheter product portfolios. • The growth rates of the implantable cardioverter defibrillator (ICD) and pacemaker sectors in 2009 were 4–5% and 2–3% respectively. The ventricular assist device (VAD) and atrial fibrillation (AF) sectors are poised for double-digit growth rates over the next 2–3 years. • Analysis revealed that, even during economic recession, the CV device market has remained buoyant, achieving single-digit growth. However, the growth rate in this segment – with the exception of AF solutions and VAD sales – will remain in the mid single digits over the next decade. Key questions answered• What was the market value of the global CV device industry in 2009?• What are the global market values for the major CV device segments?• What are the key trends in the CV device industry and what are the leading companies’ strategic responses?• Who are the major players in the global CV device market?• What are the growth strategies of the leading CV device companies?      Table of Contents :About 2 Disclaimer 2 Executive summary 11 Industry overview 11 Medtronic 11 Boston Scientific 12 St. Jude Medical 12 Abbott Laboratories 13 Cordis 13 Terumo 13 Edwards Lifesciences 14 Sorin 14 Zoll Medical 15 Thoratec 15 Chapter 1 Introduction 16 What is this report about? 16 Methodology 16 Chapter 2 Industry overview 18 Summary 18 Introduction 18 Market size and growth 19 Key drivers and resistors 20 Drivers of growth 20 Resistors of growth 21 Competitive landscape 21 The top 10 companies 21 Market characteristics 23 CV industry trends 26 Pricing pressures due to industry regulations 26 Significance of CV device innovation 27 Decline in capital expenditure of hospitals 27 Cost containment challenges 27 Chapter 3 Medtronic 28 Summary 28 Company overview 28 Financial performance 28 Financial performance by segments 29 Cardiac rhythm management 29 Cardiovascular 30 Physio-control 30 Marketed products 30 Cardiac rhythm management 30 Cardiovascular 30 Physio-control 31 Recent product approvals 31 Challenges 32 Litigations 32 Growth strategies 32 Research and development 32 Acquisitions 33 Analysis of growth strategies 33 Marketing and sales strategies 36 SWOT analysis – Medtronic 37 Chapter 4 Boston Scientific 38 Summary 38 Company overview 38 Financial performance 38 Marketed products 39 Recently launched products and approvals 40 Challenges 41 Litigations 41 Growth strategies 42 Research and development 42 Analysis of growth strategies 42 SWOT analysis – Boston Scientific 43 Chapter 5 St. Jude Medical 44 Summary 44 Company overview 44 Financial performance 44 Financial performance by segments 45 Marketed products 46 Recent approvals and product launches 46 Growth strategies 47 Research and development 47 Analysis of growth strategies 48 SWOT analysis – St. Jude Medical 50 Chapter 6 Abbott Laboratories 51 Summary 51 Company overview 51 Financial performance 51 Marketed products 52 Recent approvals and product launches 53 Growth strategies 54 Acquisitions and divestments 54 Analysis of growth strategies 54 SWOT analysis – Abbott Laboratories 56 Chapter 7 Cordis 57 Summary 57 Company overview 57 Financial performance 58 Marketed products 59 Recent approvals and product launches 59 Challenges 59 Litigations 59 Growth strategies 60 Research and development 60 Analysis of growth strategies 61 SWOT analysis – Cordis 62 Chapter 8 Terumo 63 Summary 63 Company overview 63 Financial performance 64 Marketed products 65 Recent approvals and product launches 65 Growth strategies 65 Research and development 65 Analysis of growth strategies 66 SWOT analysis – Terumo 68 Chapter 9 Edwards Lifesciences 69 Summary 69 Company overview 69 Financial performance 69 Financial performance by segments 70 Heart valve therapy 70 Cardiac surgery systems 71 Vascular 71 Marketed products 71 Recent approvals and product launches 72 Challenges 73 Litigations 73 Growth strategies 73 Research and development 73 Analysis of growth strategies 74 SWOT analysis – Edwards Lifesciences 75 Chapter 10 Sorin 76 Summary 76 Company overview 76 Financial performance 76 Financial performance by segments 77 Marketed products 78 Recent approvals and product launches 78 Growth strategies 78 Analysis of growth strategies 78 SWOT analysis – Sorin 80 Chapter 11 Zoll Medical 81 Summary 81 Company overview 81 Financial performance 81 Marketed products 82 Recent approvals and product launches 83 Growth strategies 83 Research and development 83 Analysis of growth strategies 84 SWOT analysis – Zoll Medical 85 Chapter 12 Thoratec 86 Summary 86 Company overview 86 Financial performance 86 Marketed products 87 Recent approvals and product launches 88 Growth strategies 88 Research and development 88 Analysis of growth strategies 89 SWOT analysis – Thoratec 90 Chapter 13 Other major players 91 Merit Medical Systems 91 ATS Medical 92 Biotronik 93 Appendix 94 Abbreviations 94 Definitions 96 Table of figures Figure 1: CV device global market performance, 2007–2009 20 Figure 2: Revenues of top 10 CV companies ($m), 2007-2009 23 Figure 3: Medtronic CV device revenue performance, 2007–09 29 Figure 4: SWOT analysis – Medtronic 37 Figure 5: Boston Scientific CV device revenue performance, 2007–09 39 Figure 6: SWOT analysis – Boston Scientific 43 Figure 7: St. Jude Medical CV device revenue performance, 2007–09 45 Figure 8: SWOT analysis – St. Jude Medical 50 Figure 9: Abbott Laboratories CV device revenue performance, 2007–09 52 Figure 10: SWOT analysis – Abbott Laboratories 56 Figure 11: Cordis CV device revenue performance, 2007–09 58 Figure 12: SWOT analysis – Cordis 62 Figure 13: Terumo CV device revenue performance, 2007–09 64 Figure 14: SWOT analysis – Terumo 68 Figure 15: Edwards Lifesciences CV device revenue performance, 2007–09 70 Figure 16: SWOT analysis – Edwards Lifesciences 75 Figure 17: Sorin CV device revenue performance, 2007–09 77 Figure 18: SWOT analysis – Sorin 80 Figure 19: Zoll Medical CV device revenue performance, 2007–09 82 Figure 20: SWOT analysis – Zoll 85 Figure 21: Thoratec CV device revenue performance, 2007–09 87 Figure 22: SWOT analysis – Thoratec 90 Figure 23: Merit Medical Systems CV device revenue performance, 2007–09 92 Figure 24: ATS Medical CV device revenue performance, 2007–09 93 Table of tables Table 1: CV device global market performance, 2007–2009 19 Table 2: Revenues of top 10 cardiovascular companies ($m), 2007-2000 22 Table 3: Global market shares of the top 10 CV device companies, 2009 24 Table 4: R&D expenditure of top 3 CV device companies, 2009 24 Table 5: Global market size of prominent CV device segments, 2009 25 Table 6: Medtronic CV device revenue performance, 2007–09 29 Table 7: Medtronic product portfolio 31 Table 8: Boston Scientific CV device revenue performance, 2007–09 39 Table 9: Boston Scientific product portfolio 41 Table 10: St. Jude Medical CV device revenue performance, 2007–09 45 Table 11: St. Jude Medical product portfolio 47 Table 12: Abbott Laboratories CV device revenue performance, 2007–09 52 Table 13: Abbott Laboratories product portfolio 53 Table 14: Cordis CV device revenue performance, 2007–09 58 Table 15: Cordis product portfolio 60 Table 16: Terumo CV device revenue performance, 2007–09 64 Table 17: Terumo product portfolio 65 Table 18: Edwards Lifesciences CV device revenue performance, 2007–09 70 Table 19: Edwards Lifesciences product portfolio 72 Table 20: Sorin CV device revenue performance, 2007–09 77 Table 21: Sorin product portfolio 79 Table 22: Zoll Medical CV device revenue performance, 2007–09 82 Table 23: Zoll Medical product portfolio 83 Table 24: Thoratec CV device revenue performance, 2007–09 87 Table 25: Thoratec product portfolio 88 Table 26: Merit Medical Systems CV device revenue performance, 2007–09 91 Table 27: ATS Medical CV device revenue performance, 2007–09 92For more information please visit :http://www. aarkstore. com/reports/The-Top-10-Cardiovascular-Device-Companies-Market-trends-growth-strategies-and-SWOT-analyses-54543. html


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Indore is the commercial hub and the fastest growing Tier II of central India. It is the biggest revenue contributor continuously booming to improve the city’s prosperity. It houses many software companies that provide new jobs and industry exports.
Indore is located on the Malwa Plateau north of Vindhya Range, India. The city’s name originated from Indreshwar temple made by the local landowners during 1741. It became a test market for software industries in central India. Software services companies around the city include Impetus Technologies, MphasiS, Teleperformance and InfoBeans Systems (I) Pvt. Ltd.
Impetus Technologies
Impetus is a product engineering services provider in India that creates software products. The company began in 1991 and evolves in 16 years providing outsourced software development solutions to its client companies.
The first award-winning product is for the Newspaper Industry. It automated the news acquisition processes. It uses wire services in saving valuable resources such as time and manpower. The company also developed software products in 1996. 3M was the first international account for software product engineering services in the year 1995.
Impetus Technologies focuses mainly in the areas that include SOA-based Platforms, Amazon Web Services, OpenSocial, WEB 3. 0 and Google Apps. It also includes Flex, Ruby on Rails and multicore computing.
MphasiS
MphasiS is a BPO (Business Process Outsourcing) and information technology company. It was originally named in June 2000 as MphasiS BFL Limited. It is a merger between MphasiS Corporation, a US-based IT consulting company as well as BFL Software Limited, an Indian IT services company.
They offer services on financial, healthcare and telecom. It focuses with high technology industries that provide application development, management and integration as well as BPO services of large-scale customer contact centers. MphasiS also serves clients from manufacturing, transportation, government and consumer retail fields.
The company emerged into 29 offices in 9 countries including China, Europe, South America and India. MphasiS continuously delivers Applications Services Outsourcing and global Infrastructure Technology Outsourcing through a domain, process expertise and technology know-how.
Teleperformance (TP)
Teleperformance is an international company that provides customer service, sales call center outsourcing, market research and technical support. It was founded in 1978 by Daniel Julien in Paris, France. The company also offers services for worldwide outsourcing in North and South America, Europe, Asia, Australia and the Middle East. It manages 281 contact centers in 45 countries with 88,000 employees.
Teleperformance gives services to over 75 markets and 16 geographically Nearshore and Offshore locations. The company begins building contact center activities in the US during the year 1993. It also relaunched its global-portal website with 12 country sites in 2006.
Teleperformance continues to expand in eastern regions of Russia and China with 1,593. 8 million euros in 2007. It acquired the company AllianceOne as their leading U. S. client in 2007. It also gained Product of the Year award by CIS magazine the same year.
InfoBeans Systems (I) Pvt. Ltd.
InfoBeans Systems is an IT company that focuses on CMS (Content Management Systems) and custom web application development. It uses MS SharePoint and Drupal.
It has its corporate headquarters in Indore, branch office in Pune and development centers in California and San Ramon. It employs 100 people in India. It was first called as e-Infotech Ltd. in January 1999. http://AapkaIndore. com was the company’s achievement that gained popularity among US based deportees. It became the first central Indian website that gives services on WAP-enabled phones.
The organization shifted into customized software development as the new Infobeans Systems (I) Pvt. Ltd. InfoSignz is the new digital signage technology of the company. It claims to deliver a revolutionary digital content management system for out-of-home advertising means.
Other small to large size software services companies around Indore are FirstSource, Suvi Webdunia, InfoServe Consultants and Armour Software.


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For businesses all over the world, one of the ways that you can grow your business and increase revenue is with the help of Made in China B2B E-commerce service. Made in China is perhaps the finest online source for global buyers to reach out and connect with Chinese suppliers to create long lasting and fruitful partnerships. Made in China can assist a wide range of businesses helping them succeed. Here are just a few ways in which Made in China is currently helping millions of companies succeed today. Read More

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However, it is becoming an upheaval task these days to find a reliable drop shipper since many scam artists have populated the internet, including the drop shipping niche. The dependable and profitable way to get a wholesale drop shipper is to go through a renowned online directory so that you will be protected from falling into the hands of scammers who will rip you off your money without delivery. You will be surprised at the small amount that these renowned wholesale drop ship directories will charge for the unparallel and genuine services they will offer you.

One of the trusted online directories for wholesale drop shipping companies is Worldwide Brands. Most established as well as new online marketers go through Worldwide Brands to find legitimate and certified suppliers of over eight thousand listed products. To be successful in your newly established drop shipping business, you need the genuine and original products for the product line you choose and the only way you can achieve that is through a reliable source such as Worldwide Brands. Besides having direct access to the top world suppliers, you will also have access to the quality educational resources that will take you from the basics to the in-depth of drop shipping. The educational pack at Worldwide Brands is in video form which is the best form of learning material; it offers demonstrative training and quick assimilation.

Itâ??s quite easy and cost effective to have access to the suppliers and products database at Worldwide Brands. All you need to do is to sign up with a flat fee below $300; payable once and for all. This guarantees your membership and access to all that the company has to offer about drop shipping. Their customer service is classic and responsive.

Worldwide Brands have the most updated wholesale database of 9,000 top-notch legitimate suppliers and millions of original products from around the world. You will obtain the lowest cost possible from each supplier. The suppliers listed in Worldwide Brands database have been tested and approved so you donâ??t have to worry about scam artists any more.

If you are looking for a safe place of their choice (s watching), the wholesale drop shipping companies, or suppliers, you can see read more about World Wide Brands Reviews & F # XFC, r Details of how the system works and how to become a member. Those who are going to be a new drop shipping, when they go to to avoid looking for suppliers online, the capital of cheating carefully.

There are also other trusted wholesale drop shippers directories where you can find legitimate wholesale drop shipping companies; Salehoo and DOBA are reliable directories to sign up with and find great suppliers.

For more information about drop shipping and wholesale catalogs bizinsider legitimate. net.


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With Chinese New Year celebrations in full swing, the Chinese Premier Wen Jiabao visiting London and the unprecedented growth in Chinese inbound tourism to the UK, you would mistakenly believe that the UK is well practiced in welcoming Chinese visitors. Yet many hotels, retailers and tourist venues are unfortunately ill-equipped to serve what will become the most important UK inbound tourist demographic.

 

Chinaâ? S caused a huge growth in the largest new market for tourists, the tourism industry in the world requires providers to adapt their services, products, food and language of Chinese outbound travelers, the growth of a suit 2007-100000000 40 million in 2020 (World Tourism Organisation).

 

The UK is already benefiting from the rise in number of Chinese tourists.   Visit London, predicts inbound tourism from China will rise by approximately 425% by 2012.   Coupled with the recent relaxing of visa restrictions, a strengthening Chinese yuan, and Visit Britainâ??s strong marketing campaign in China, the UK is in a particularly strong position to benefit from Chinaâ??s outbound tourism.

 

However Yaxley Consulting, which assists UK tourist destinations, hoteliers and retailers in adapting their services to suit Chinese tourists, found in a recent market assessment that many UK providers are still relatively ill prepared for the growth in Chinese visitors.

 

Speaking recently to members of the Historic Homes Association, Managing Director Jocelyn McConnachie said, â??a limited number of Chinese speak English. Tourist venues should be making small adjustments such as providing short Chinese brochures, or a few pages translated into Chinese on the organisationâ??s website to help Chinese visitors make the most of their trip. Far more than other nationalities, Chinese tourists take time to research their holidays online, yet few UK tourist designations have Chinese translated pages. Those venues that do have translated pages are experiencing strong new growth and gaining ground against their competitors, which is critical in this difficult economic climate. â?

 

She also added that more retailers and hoteliers should be looking to Chinese tourists as part of their business survival plans during 2009. â??Chinese tourists will spend up to 80% of their travel monies on shopping. They appreciate value-for-money and simple online marketing activity which includes dual language special offer vouchers can encourage shoppers and allow retailers to measure results. Hotels can exceed Chinese guestsâ?? expectations with small, cost effective adjustments to their existing services. â?

 

McConnachie is adamant that staff should be trained to anticipate Chinese travellersâ?? needs and speak a few simple phrases. â??The business will see a return on its training investment not just from the visitorâ??s experience but also word of mouth advertising. Chinese tourists rely on recommendation more than many other travellers. â?

 

Yaxley Consulting www. yaxleyconsulting. co. uk  consults to leading industry bodies on trends in outbound Chinese tourism and works with businesses in targeting Chinese tourists. Its sister website www. ukwang. com (launching mid 2009) will be a key source of information for Chinese visitors to the UK.   Both are part of the Yaxley Group www. yaxley. com.


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During 2009, EASTHV Business Consulting has verified hundreds of Chinese Companies (trading companies and factories ) for our clients who mainly from EU, USA and Middle East. Although we know the condition of China’s business environment, we still got shock for the reuslt. It shows, only business condition of 53% of verified companies are as same as they described in B2B Website. 21% of them are overstated for their business condition. and 26% of those companies, even some Gold Members in Alibaba turned out to be a business scammer in China. The tricks they usually do are cheating deposit, sending dirty products and increasing price after placing the order.
So, for both buyers and suppliers, it’s very important to select your business partners as there are more and more business frauds coming in China. Here are our experienced tips for you to select Chinese companies and suppliers:
For some common verification method, here are some links for you to check out the basic information about the companies in China:
www. yp. net. cn (Chinese Yellow Page, english version)
www. truste. com (international)
www. miibeian. gov. cn/CX/main. jsp (Chinese legal website checking system, in Chinese)
However, Yellow Page is not the good way to judge a business scammer in China, same as in Alibaba or Made-in-China, as long as the scammer pays money for listing, they can get whatever “award” they want. And most of chinese companies and factories do not know http://Truste. com, we can only get limited information and choices from this website. The last website is made by Ministry of Industry and Information Technology of the PRC in order to regulate Chinese website. Anyone can check information about one website from this site and see if it is legal in China.
Here is step by step instruction to introduce how to use this system:
Firstly, go to http://www. miibeian. gov. cn/CX/main. jsp:
Secondly, click the last item on the right:
Thirdly, typing in the url of the verified website (do NOT include “http” and “www”) in the first input line on the left
And then, clicking first button. After your type in the Authentication Code, you can get the information below
The first row means number.
The second one is the company name. You can see if it is fit for your information which get from the company.
The third row means licence number, all Chinese legal website have one unique licence number.
the last one means “details”, what we need to do is clicking it, then you get another page
The Chinese characters mean from top to bottom are:
Licence Number
Comfirmation Date
Name of Company
Company Ownership
Chinese Business Licenses Number
Website Information
After all, those information can only provide your an overview of one particular company. (listing in this system is free and compulsive for all chinese website, if your verified company do not have website or is not listed in this system, then basically we can say either this company is scammer or this company is too small). We can only get the information of whether this company is exit in real. We can not get more information about its operation status and credit worthiness.
Let’s talk about it in our another article: “TOP 7 tips for verifing Chinese Companies”.


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Foreign companies that own clean coal technologies and work with their Chinese counterparts to tap China’s coal deposits, one of the world’s largest, may get good returns as China is seeking to reduce the greenhouse gas emissions and ease its increasing thirst for oil. China’s coal deposits is profitable. Read More

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