SAMPLE. Asia-Pacific Drug Delivery Devices Market Outlook to Metered Dose Inhaler Devices, Infusion Systems, Central Venous
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1 Asia-Pacific Drug Delivery Devices Market Outlook to Metered Dose Inhaler Devices, Infusion Systems, Central Venous Catheters and Others Reference Code: GDME0220RDB Publication Date: January 2013 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 1
2 Table of Contents 1 Table of Contents 1 Table of Contents List of Tables List of Figures 9 2 Introduction What is This Report About? 11 3 Drug Delivery Devices in Asia-Pacific Drug Delivery Devices Cross Country Comparison, Revenue ($m), USD Constant, Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Drug Delivery Devices, Asia-Pacific, Company share ( ) 19 4 Drug Delivery Devices In Japan Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Drug Delivery Devices, Japan, Distribution Share ( ) Central Venous Catheters, Japan, Distribution Share ( ) Infusion Systems, Japan, Distribution Share ( ) Metered Dose Inhaler Devices, Japan, Distribution Share ( ) Needle Free Injections, Japan, Distribution Share ( ) Drug Delivery Devices, Japan, Company Share ( ) Drug Delivery Devices, Japan, Company Share ( ) Central Venous Catheters, Japan, Company Share ( ) Infusion Systems, Japan, Company Share ( ) Metered Dose Inhaler Devices, Japan, Company Share ( ) Needle Free Injections, Japan, Company Share ( ) 36 5 Drug Delivery Devices In Australia Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Drug Delivery Devices, Australia, Distribution Share ( ) 43 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 2
3 Table of Contents Central Venous Catheters, Australia, Distribution Share ( ) Infusion Systems, Australia, Distribution Share ( ) Metered Dose Inhaler Devices, Australia, Distribution Share ( ) Needle Free Injections, Australia, Distribution Share ( ) Drug Delivery Devices, Australia, Company Share ( ) Drug Delivery Devices, Australia, Company Share ( ) Central Venous Catheters, Australia, Company Share ( ) Infusion Systems, Australia, Company Share ( ) Metered Dose Inhaler Devices, Australia, Company Share ( ) Needle Free Injections, Australia, Company Share ( ) 52 6 Drug Delivery Devices In China Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Drug Delivery Devices, China, Distribution Share ( ) Central Venous Catheters, China, Distribution Share ( ) Infusion Systems, China, Distribution Share ( ) Metered Dose Inhaler Devices, China, Distribution Share ( ) Needle Free Injections, China, Distribution Share ( ) Drug Delivery Devices, China, Company Share ( ) Drug Delivery Devices, China, Company Share ( ) Central Venous Catheters, China, Company Share ( ) Infusion Systems, China, Company Share ( ) Metered Dose Inhaler Devices, China, Company Share ( ) Needle Free Injections, China, Company Share ( ) 67 7 Drug Delivery Devices In India Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Drug Delivery Devices, India, Distribution Share ( ) Central Venous Catheters, India, Distribution Share ( ) Infusion Systems, India, Distribution Share ( ) Metered Dose Inhaler Devices, India, Distribution Share ( ) Needle Free Injections, India, Distribution Share ( ) Drug Delivery Devices, India, Company Share ( ) Drug Delivery Devices, India, Company Share ( ) Central Venous Catheters, India, Company Share ( ) Infusion Systems, India, Company Share ( ) 79 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 3
4 Table of Contents Metered Dose Inhaler Devices, India, Company Share ( ) Needle Free Injections, India, Company Share ( ) 83 8 Overview of Key Companies in Asia-Pacific Drug Delivery Devices Market GlaxoSmithKline plc Company Overview Share in the Asia-Pacific Drug Delivery Devices Market Boehringer Ingelheim GmbH Company Overview Share in the Asia-Pacific Drug Delivery Devices Market AstraZeneca PLC Company Overview Share in the Asia-Pacific Drug Delivery Devices Market Terumo Corporation Company Overview Share in the Asia-Pacific Drug Delivery Devices Market Nipro Corporation Company Overview Share in the Asia-Pacific Drug Delivery Devices Market Baxter International Inc Company Overview Share in the Asia-Pacific Drug Delivery Devices Market JMS Co., Ltd Company Overview CareFusion Corporation Company Overview Hospira, Inc Company Overview Smiths Medical Company Overview B. Braun Melsungen AG Company Overview 91 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 4
5 Table of Contents 8.12 Fresenius Kabi AG Company Overview M Health Care Ltd Company Overview Medtronic, Inc Company Overview Teleflex Incorporated Company Overview Sunovion Pharmaceuticals Inc Company Overview Daiken Medical Co., Ltd Company Overview C. R. Bard, Inc Company Overview TOP Corporation Company Overview Edwards Lifesciences Corporation Company Overview Becton, Dickinson and Company Company Overview Bioject Medical Technologies Inc Company Overview INJEX - Equidyne Systems Company Overview Consort Medical plc Company Overview Antares Pharma, Inc Company Overview Trivitron Healthcare Pvt Ltd Company Overview 97 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 5
6 Table of Contents 8.27 Cipla Ltd Company Overview 98 9 Drug Delivery Devices Market Pipeline Products Financial Deals Landscape Acquisition Imugene Completes Acquisition Of Lingual Consegna From Consegna Group Consegna Acquires Remaining 19% Stake In Leading Edge Instruments For $8 Million Partnerships Hospira Enters Into Distribution Agreement With Q Core Medical For Sapphire Infusion System Claris Lifesciences Enters Into Joint Venture With Otsuka Pharma Factory And Mitsui For Infusion Business Merck Enters Into Licensing Agreement With Vaxxas For Nanopatch Technology Echo Therapeutics Expands Licensing Agreement With Ferndale Pharma Arte Enters Into Co-Development Agreement With ProJect Pharma Recent Developments Strategy And Business Planning Oct 08, 2012: Dr. Reddy s Custom Pharmaceutical Services Business Expands Manufacturing Operations In Mirfield, UK Apr 05, 2012: Owen Mumford Establishes New Office In China Mar 21, 2012: GE Healthcare Expands Shanghai Fast Track Training Center To Serve Biopharmaceutical Industry In China Jan 24, 2012: Aptar pharma Opens New Facility In India Legal and Regulatory Aug 22, 2012: Indian Supreme Court To Hear Novartis Plea In Glivec Patent Case From Sept Product News Mar 26, 2010: Milestone Forms Alliance With Sinopharm For SFDA Approval Of STA System Jan 28, 2008: BioSphere Medical Receives Market Clearance To Sell Embosphere Microspheres In The People's Republic Of China Appendix Definitions of Markets Covered in the Report 119 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 6
7 Table of Contents Drug Delivery Devices Research Methodology Secondary Research Primary Research Models Forecasts Expert Panels GlobalData Consulting Currency Conversion Disclaimer 122 GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 7
8 Table of Contents 1.1 List of Tables Table 1: Drug Delivery Devices, Cross Country Comparison, Revenue ($m),usd Constant, Table 2: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Table 3: Drug Delivery Devices, Asia-Pacific, Cross-Category Analysis, Table 4: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Historic, Table 5: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Forecast, Table 6: Drug Delivery Devices, Asia-Pacific, Company share by Revenue ($m), USD Constant, Table 7: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Table 8: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Historic, Table 9: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Forecast, Table 10: Central Venous Catheters, Japan, Distribution Share by Revenue ($m), USD Constant, Table 11: Infusion Systems, Japan, Distribution Share by Revenue ($m), USD Constant, Table 12: Metered Dose Inhaler Devices, Japan, Distribution Share by Revenue ($m), USD Constant, Table 13: Needle Free Injections, Japan, Distribution Share by Revenue ($m), USD Constant, Table 14: Drug Delivery Devices, Japan, Company Share, USD Constant, ( ) Table 15: Central Venous Catheters, Japan, Company Share by Revenue ($m), USD Constant, Table 16: Infusion Systems, Japan, Company Share by Revenue ($m), USD Constant, Table 17: Metered Dose Inhaler Devices, Japan, Company Share by Revenue ($m), USD Constant, Table 18: Needle Free Injections, Japan, Company Share by Revenue ($m), USD Constant, Table 19: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Table 20: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Historic, Table 21: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Forecast, Table 22: Central Venous Catheters, Australia, Distribution Share by Revenue ($m), USD Constant, Table 23: Infusion Systems, Australia, Distribution Share by Revenue ($m), USD Constant, Table 24: Metered Dose Inhaler Devices, Australia, Distribution Share by Revenue ($m), USD Constant, Table 25: Needle Free Injections, Australia, Distribution Share by Revenue ($m), USD Constant, Table 26: Drug Delivery Devices, Australia, Company Share, USD Constant, ( ) Table 27: Central Venous Catheters, Australia, Company Share by Revenue ($m), USD Constant, Table 28: Infusion Systems, Australia, Company Share by Revenue ($m), USD Constant, Table 29: Metered Dose Inhaler Devices, Australia, Company Share by Revenue ($m), USD Constant, Table 30: Needle Free Injections, Australia, Company Share by Revenue ($m), USD Constant, Table 31: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Table 32: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Historic, Table 33: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Forecast, Table 34: Central Venous Catheters, China, Distribution Share by Revenue ($m), USD Constant, Table 35: Infusion Systems, China, Distribution Share by Revenue ($m), USD Constant, Table 36: Metered Dose Inhaler Devices, China, Distribution Share by Revenue ($m), USD Constant, Table 37: Needle Free Injections, China, Distribution Share by Revenue ($m), USD Constant, GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 8
9 Table of Contents Table 38: Drug Delivery Devices, China, Company Share, USD Constant, ( ) Table 39: Central Venous Catheters, China, Company Share by Revenue ($m), USD Constant, Table 40: Infusion Systems, China, Company Share by Revenue ($m), USD Constant, Table 41: Metered Dose Inhaler Devices, China, Company Share by Revenue ($m), USD Constant, Table 42: Needle Free Injections, China, Company Share by Revenue ($m), USD Constant, Table 43: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Table 44: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Historic, Table 45: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Forecast, Table 46: Central Venous Catheters, India, Distribution Share by Revenue ($m), USD Constant, Table 47: Infusion Systems, India, Distribution Share by Revenue ($m), USD Constant, Table 48: Metered Dose Inhaler Devices, India, Distribution Share by Revenue ($m), USD Constant, Table 49: Needle Free Injections, India, Distribution Share by Revenue ($m), USD Constant, Table 50: Drug Delivery Devices, India, Company Share, USD Constant, ( ) Table 51: Central Venous Catheters, India, Company Share by Revenue ($m), USD Constant, Table 52: Infusion Systems, India, Company Share by Revenue ($m), USD Constant, Table 53: Metered Dose Inhaler Devices, India, Company Share by Revenue ($m), USD Constant, Table 54: Needle Free Injections, India, Company Share by Revenue ($m), USD Constant, Table 55: Drug Delivery Devices Market Pipeline Products Table 56: Imugene Completes Acquisition Of Lingual Consegna From Consegna Group Table 57: Consegna Acquires Remaining 19% Stake In Leading Edge Instruments For $8 Million Table 58: Hospira Enters Into Distribution Agreement With Q Core Medical For Sapphire Infusion System Table 59: Claris Lifesciences Enters Into Joint Venture With Otsuka Pharma Factory And Mitsui For Infusion Business Table 60: Merck Enters Into Licensing Agreement With Vaxxas For Nanopatch Technology Table 61: Echo Therapeutics Expands Licensing Agreement With Ferndale Pharma Table 62: Arte Enters Into Co-Development Agreement With ProJect Pharma List of Figures Figure 1: Drug Delivery Devices, Cross Country Comparison, Revenue ($m), USD Constant, Figure 2: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Figure 3: Drug Delivery Devices, Asia-Pacific, Cross-Category Analysis, by Revenue ($m), USD Constant, Figure 4: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Historic, Figure 5: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Forecast, Figure 6: Drug Delivery Devices, Asia-Pacific, Company share (%), Figure 7: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Figure 8: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Historic, Figure 9: Drug Delivery Devices, Japan, Overall Revenue ($m), USD Constant, Forecast, Figure 10: Drug Delivery Devices, Japan, Company Share (%), GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 9
10 Table of Contents Figure 11: Central Venous Catheters, Japan, Company Share (%), Figure 12: Infusion Systems, Japan, Company Share (%), Figure 13: Metered Dose Inhaler Devices, Japan, Company Share (%), Figure 14: Needle Free Injections, Japan, Company Share (%), Figure 15: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Figure 16: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Historic, Figure 17: Drug Delivery Devices, Australia, Overall Revenue ($m), USD Constant, Forecast, Figure 18: Drug Delivery Devices, Australia, Company Share (%), Figure 19: Central Venous Catheters, Australia, Company Share (%), Figure 20: Infusion Systems, Australia, Company Share (%), Figure 21: Metered Dose Inhaler Devices, Australia, Company Share (%), Figure 22: Needle Free Injections, Australia, Company Share (%), Figure 23: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Figure 24: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Historic, Figure 25: Drug Delivery Devices, China, Overall Revenue ($m), USD Constant, Forecast, Figure 26: Drug Delivery Devices, China, Company Share (%), Figure 27: Central Venous Catheters, China, Company Share (%), Figure 28: Infusion Systems, China, Company Share (%), Figure 29: Metered Dose Inhaler Devices, China, Company Share (%), Figure 30: Needle Free Injections, China, Company Share (%), Figure 31: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Figure 32: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Historic, Figure 33: Drug Delivery Devices, India, Overall Revenue ($m), USD Constant, Forecast, Figure 34: Drug Delivery Devices, India, Company Share (%), Figure 35: Central Venous Catheters, India, Company Share (%), Figure 36: Infusion Systems, India, Company Share (%), Figure 37: Metered Dose Inhaler Devices, India, Company Share (%), Figure 38: Needle Free Injections, India, Company Share (%), Figure 39: GlaxoSmithKline plc, Company Share (%), Asia-Pacific Drug Delivery Devices Market, Figure 40: Boehringer Ingelheim GmbH, Company Share (%), Asia-Pacific Drug Delivery Devices Market, Figure 41: AstraZeneca PLC, Company Share (%), Asia-Pacific Drug Delivery Devices Market, Figure 42: Terumo Corporation, Company Share (%), Asia-Pacific Drug Delivery Devices Market, Figure 43: Nipro Corporation, Company Share (%), Asia-Pacific Drug Delivery Devices Market, Figure 44: Baxter International Inc., Company Share (%), Asia-Pacific Drug Delivery Devices Market, GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 10
11 Introduction 2 Introduction GlobalData s medical equipment market reports are ideal guide for anyone wishing to understand their market better in terms of revenue, distribution share and company share. 2.1 What is This Report About? Asia-Pacific drug delivery devices report provides an overview and the following information: 1. Comprehensive data related to the market revenue, company share and distribution share. 2. Global corporate-level profiles of key companies operating in the drug delivery devices market in Asia-Pacific. The profile includes a brief overview of the company. The selection of the companies is based on their operational presence in Asia-Pacific. This includes key multinationals as well as key local players. 3. A list of key products under development by different companies. The selection of this list is based on the territory in which these products are being clinically investigated. Note: Asia-Pacific; comprises the following countries Japan, Australia, China and India. GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 11
12 Asia-Pacific Drug Delivery Devices 3 Drug Delivery Devices in Asia-Pacific 3.1 Drug Delivery Devices Cross Country Comparison, Revenue ($m), USD Constant, Figure 1: Drug Delivery Devices, Cross Country Comparison, Revenue ($m), USD Constant, Source: GlobalData Table 1: Drug Delivery Devices, Cross Country Comparison, Revenue ($m),usd Constant, Country Name CAGR CAGR CAGR Source: GlobalData GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 12
13 Asia-Pacific Drug Delivery Devices 3.2 Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Figure 2: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Source: GlobalData Table 2: Drug Delivery Devices, Asia-Pacific, Overall Revenue ($m), USD Constant, Category CAGR CAGR CAGR Source: GlobalData GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 13
14 Appendix 12 Appendix The data and analysis within this report is driven by Medical etrack Medical etrack gives you the key information to drive sales, investment and deal making activity in your business. It includes the following information: 15,000+ Market size data tables across 740 medical equipment segments and 39 countries with historic data from 2004 forecast to ,000+ Primary expert interviews conducted per annum for ensuring data and report quality 1,100+ Conferences on medical equipment covered 1,000+ Industry leading reports per annum covering growing sectors, market trends, investment opportunities and competitive landscape 600+ Analysis reports covering market and pipeline product analysis reports by indication, medical equipment trends and issue reports and investment and M&A trend reports worth over $3 Million 43,000+ Medical equipment companies profiled 1,500+ Private, emerging and technology start-up company profiles 1,500+ Medical equipment manufacturers in China and India 1,500+ Medical equipment companies in Japan 700+ Companies with revenue splits and market shares by category 1,500+ Quarterly and annual medical equipment company financials 700+ Medical equipment company SWOT s 9,000+ Pipeline product profiles 8,000+ Marketed product profiles 14,000+ Clinical trials 15,000+ Trial investigators 13,000+ New product patents 3,300+ Companies with products in development 17,000+ Deals in the medical equipment industry 1,100+ Surgical and diagnostic procedures by therapy area 40+ Key healthcare indicators by country o For more information or to receive a free demo of the service visit GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 118
15 Appendix 12.1 Definitions of Markets Covered in the Report Drug Delivery Devices Drug delivery devices are used for administration of drug compounds in effective ways. They include both hospital and home care devices. Metered dose inhaler devices, central venous catheters, needle free injections and infusion systems are tracked under this market Central Venous Catheters A central venous catheter is a long, thin, flexible tube used to administer medicines, fluids, nutrients, or blood products and to monitor haemodynamic status of the patients in surgical and critical care settings over a long period of time, usually several weeks or more. These come in different sizes. Antimicrobial & Non antimicrobial central venous catheters are included under this category Infusion Systems Infusion systems are used to administer medication to a patient in critical care, emergency care, home care and trauma centres. Volumetric pumps, syringe pumps, ambulatory infusion pumps, implantable infusion pumps and infusion disposable sets are tracked under this category Metered Dose Inhaler Devices Metered dose inhaler devices deliver a specific amount of medication to the lungs. A metered-dose inhaler consists of a canister, the metering valve and an actuator Needle Free Injections Needle-free Injections are the devices that do not use a needle to administer medication. They propel a small jet of liquid or powder at high speed through a microscopic orifice causing it to penetrate the skin for subcutaneous, intra-dermal, or intramuscular administration. Disposable needle free syringes are not tracked in this category. Needle free injection comprises of three parts - durable injector, disposable vial adapter and needle free syringes. Disposable components like vial adapters and syringes that come only with the first purchase of needle free syringe system is tracked and disposable components for subsequent use of the injectors are not tracked. Pre filled needle-free injections are not covered under this category. One unit refers to one needle free injection. Note: 1). Value, distribution and company shares figures reflect annual gross sales of drug delivery devices in local currency converted to $ at constant rate. The annual growth (year on year growth) and compounded annual growth rate (CAGR) in tables is rounded off to one decimal place. 2). Company share data represents market share (in revenues and as percentage to total market) of companies in market categories and geographies tracked. The data is rounded off to the nearest decimal places. GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 119
16 Appendix 12.2 Research Methodology GlobalData s dedicated Research and Analysis Teams consists of qualified professionals with experience in marketing, market research, consulting background in the medical devices industry and advanced statistical expertise. GlobalData adheres to the Codes of Practice of the Market Research Society ( and the Strategic and Competitive Intelligence Professionals ( All GlobalData databases are continuously updated and revised. The following research methodology is followed for all databases and reports Secondary Research The research process begins with exhaustive secondary research on internal and external sources being carried out to source qualitative and quantitative information relating to each market. The secondary research sources that are typically referred to include, but are not limited to: Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings; Industry trade journals, scientific journals and other technical literature; Internal and external proprietary databases; Relevant patent and regulatory databases; National government documents, statistical databases and market reports; Procedure registries; and News articles, press releases and web-casts specific to the companies operating in the market Primary Research GlobalData conducts thousands of interviews a year with industry participants and commentators in order to validate its data and analysis. A typical research interview fulfills the following functions: It provides first-hand information on market size, market trends, growth trends, competitive landscape and future outlook; Helps in validating and strengthening the secondary research findings; and Further develops the analysis team s expertise and market understanding. Primary research involves interactions and telephonic interviews for each market, category, segment and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to: GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 120
17 Appendix Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers; Hospital stores, laboratories, pharmacies, distributors and paramedics; Outside experts: investment bankers, valuation experts, research analysts specializing in specific medical equipment markets; and Key opinion leaders: physicians and surgeons specializing in different therapeutic areas corresponding to different kinds of medical equipment Models Where no hard data is available, GlobalData uses modeling and estimates in order to produce comprehensive data sets. The following rigorous methodology is adopted: Available hard data is cross-referenced with the following data types to produce estimates: Demographic data on population segments; Macro-economic indicators such as GDP, inflation rate; Healthcare indicators such as health expenditure, physician base, healthcare infrastructure and facilities; and Selected epidemiological and procedure statistics Forecasts GlobalData uses proprietary forecast models. The following four factors are utilized in the forecast models: Historic growth rates; Macro-indicators such as population trends and healthcare spending; Forecast epidemiological data; and Qualitative trend information and assumptions. The data is then cross-checked by the expert panel Expert Panels GlobalData uses a panel of experts to cross verify its databases and forecasts. GlobalData s expert panel comprises marketing managers, product specialists, international sales managers from medical device companies; academics from research universities, KOLs from hospitals, consultants from venture capital funds and distributors/suppliers of medical equipment and supplies etc. Historic data and forecasts are relayed to GlobalData s Expert Panel for feedback and adjusted in accordance with their feedback. GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 121
18 Appendix 12.8 GlobalData Consulting We hope that the data and analysis in this brief will help you make informed and imaginative business decisions. If you have further requirements, GlobalData s consulting team may be able to help you. GlobalData offers tailor-made analytical and advisory services to drive your key strategic decisions Currency Conversion The Currency Conversion rate is based on 2011 average rate. 1 USD = Japan JPY Australia AUD China CNY India INR Disclaimer All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher, GlobalData. GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form Page 122
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