|
Table of Contents
1 Table of Contents 2 1.1 List of Tables 12 1.2 List of Figures 15 2 Introduction 17 2.1 What Is This Report About? 17 2.2 Definitions 17 2.2.1 Wound Care Management 17 3 Healthcare Sector Review 19 3.1 Healthcare Expenditure 19 3.2 Healthcare Infrastructure 20 3.2.1 Healthcare Personnel Data 21 3.2.2 Healthcare Facilities Data 22 3.3 Healthcare Policy 25 4 Wound Care Management in China 26 4.1 Wound Care Management Overall Revenues (2000-2012) 26 4.2 Wound Care Management Overall Volume (2000-2012) 32 4.3 Wound Care Management Overall Company Shares (2005-2006) 35 5 Wound Closure Devices in China 36 5.1 Wound Closure Devices Overall Revenues (2000-2012) 36 5.1.1 Skin Closure Devices Overall Revenues (2000-2012) 40 5.1.2 Hemostats Overall Revenues (2000-2012) 42 5.1.3 Tissue Sealants Overall Revenues (2000-2012) 44 5.2 Wound Closure Devices Overall Volume (2000-2012) 46 5.2.1 Skin Closure Devices Overall Volume (2000-2012) 48 5.2.2 Hemostats Overall Volume (2000-2012) 50 5.2.3 Tissue Sealants Overall Volume (2000-2012) 52 5.3 Wound Closure Devices Average Price (2000-2012) 54 5.3.1 Hemostats Average Price (2000-2012) 54 5.3.2 Tissue Sealants Average Price (2000-2012) 56 5.3.3 Skin Closure Devices Average Price (2000-2012) 58 5.4 Wound Closure Devices Distribution Share (2000-2012) 60 5.5 Wound Closure Devices Company Share (2000-2012) 61 6 Ostomy in China 62 6.1 Ostomy Overall Revenue (2000-2012) 62 6.2 Ostomy Overall Volume (2000-2012) 64 6.3 Ostomy Average Price (2000-2012) 66 6.4 Ostomy Distribution Share (2005-2006) 68 6.5 Ostomy Company Share (2005-2006) 69 7 Advanced Wound Management in China 70 7.1 Advanced Wound Management Overall Revenue (2000-2012) 70 7.2 Advanced Wound Management Overall Volume (2000-2012) 72 7.3 Advanced Wound Management Average Price (2000-2012) 74 7.4 Advanced Wound Management Distribution Share (2005-2006) 76 7.5 Advanced Wound Management Company Share (2005-2006) 77 8 Traditional Wound Management in China 78 8.1 Traditional Wound Management Overall Revenue (2000-2012) 78 8.2 Traditional Wound Management Overall Volume (2000-2012) 80 8.3 Traditional Wound Management Average Price (2000-2012) 82 8.4 Traditional Wound Management Distribution Share (2000-2012) 84 8.5 Traditional Wound Management Company Share (2000-2012) 85 9 Compression Therapy in China 86 9.1 Compression Therapy Category Revenue 86 9.2 Compression Therapy Category Volume (2000-2012) 88 9.3 Compression Therapy Average Price (2000-2012) 90 9.4 Compression Therapy Distribution Share (2000-2012) 92 9.5 Compression Therapy Company Share (2000-2012) 93 10 Covidien Ltd./Tyco Healthcare Company Profile 94 10.1 Company Overview 94 10.2 Business Overview 94 10.2.1 Imaging Solutions 94 10.2.2 Medical Devices 95 10.2.3 Medical Supplies 95 10.2.4 Pharmaceutical Products 96 10.2.5 Retail Products 96 10.2.6 Products 97 10.2.7 History 98 10.3 Value Chain Analysis 99 10.3.1 Manufacturing 99 10.3.2 Product Development 100 10.3.3 Sales and Marketing 101 10.4 SWOT Analysis 102 10.4.1 Covidien Ltd./Tyco Healthcare Strengths 102 10.4.2 Covidien Ltd./Tyco Healthcare Weaknesses 103 10.4.3 Covidien Ltd./Tyco Healthcare Opportunities 104 10.4.4 Covidien Ltd./Tyco Healthcare Threats 104 10.5 Financial and Operational Review 106 10.5.1 Financial Statements 106 10.5.2 Financial Ratios 107 10.6 Locations And Subsidiaries 108 10.7 Financial Deals Landscape 110 10.7.1 Covidien Signs An Agreement With Allergan 110 10.7.2 Covidien Acquires Scandius Biomedical 111 10.7.3 Covidien International Finance Completes Private Placement Of $2,750 Million 112 10.7.4 Covidien And BioSynthema Enter Into Licensing Agreement 114 10.7.5 Integra LifeSciences Acquires Assets Of Radionics Division From Covidien 115 10.7.6 Covidien To Sell European Incontinence Business 117 10.7.7 Covidien To Acquire Tissue Science Laboratories 119 10.8 Recent Developments 121 10.8.1 Mar 28, 2008: Covidien Spends $760,000 Lobbying Federal Government In 2007 121 10.8.2 Mar 18, 2008: Covidien Declares Quarterly Dividend 121 10.8.3 Feb 21, 2008: Covidien Gests Favorable Decision In Patent Litigation Case 121 10.8.4 Feb 07, 2008: Covidien Declares Q1 Fiscal 2008 Results 122 10.8.5 Jan 15, 2008: Covidien Declares Quarterly Dividend 123 10.8.6 Jan 10, 2008: Covidien To Declare Q1 Fiscal 2008 Results 124 10.8.7 Dec 06, 2007: Covidien Reports Q4 Fiscal 2007 Results 124 10.8.8 Oct 04, 2007: Covidien And NewSouth Innovations Collaborate To Develop Novel Imaging Agent 126 10.8.9 Sep 28, 2007: Covidien Declares Quarterly Dividend 126 10.8.10 Aug 09, 2007: Covidien Declares Q3 Fiscal 2007 Results 126 10.9 Covidien Ltd./Tyco Healthcare Pipeline Products 128 10.9.1 PleuraSeal Lung Sealant System 128 10.9.2 Sandman Intro CPAP Device 129 11 3M Company Profile 131 11.1 Company Overview 131 11.2 Business Overview 131 11.2.1 Consumer and Office 131 11.2.2 Display and Graphics 131 11.2.3 Electro and Communications 132 11.2.4 Health Care 133 11.2.5 Industrial and Transportation 133 11.2.6 Safety, Security and Protection Services 134 11.2.7 Products 134 11.3 Value Chain Analysis 137 11.3.1 Manufacturing 137 11.3.2 Product Development 137 11.3.3 Sales and Marketing 138 11.4 SWOT Analysis 139 11.4.1 3M Company Strengths 139 3M Company Weaknesses 140 3M Company Opportunities 140 3M Company Threats 141 11.5 Financial and Operational Review 142 11.6 Locations And Subsidiaries 143 11.7 Financial Deals Landscape 145 11.7.1 3M Canada Acquires Les Entreprises Solumed 145 11.7.2 3M Acquires Bondo 147 11.7.3 3M Acquires Lingualcare 149 11.7.4 3M Acquires Abzil Industria E Comercio 151 11.7.5 3M Acquires Neo Plast 152 11.7.6 3M Acquires Assets Of DMS Chile 154 11.7.7 3M Acquires Business Of Innovative Paper Technologies 156 11.7.8 3M Acquires Powell 158 11.7.9 Gen-Probe Signs An Agreement With 3M Company 160 11.7.10 3M Acquires Acolyte Biomedica 163 11.7.11 3M Acquires Sealed Air Corp.'S Interest In Polymask Corp. 165 11.7.12 3M Sells Its Pharmaceutical Business To Meda AB 167 11.7.13 3M Acquires SoftMed Systems 169 11.7.14 3M Sells its Pharmaceuticals Business to Graceway 171 11.7.15 Gen-Probe Signs An Agreement With 3M 173 11.7.16 3M Sells its Pharmaceutical Operations in the Asia Pacific Region to Ironbridge Capital and Archer Capital 175 11.7.17 3M Acquires Biotrace International 177 11.7.18 Ekahau Secures $16 Million In Additional Funding 179 11.7.19 3M Acquires Brontes Technologies 182 11.7.20 3M acquires Nylonge Corp 184 11.7.21 3M Signs An Agreement With ClozeX Medical 186 11.7.22 3M Acquires OMNII Oral Pharmaceuticals 188 11.7.23 3M Sells Pharmaceutical Operations In The United States To Graceway 190 11.7.24 3M Sells Pharmaceutical Business In Europe To Meda AB 193 11.7.25 3M Sells Pharmaceutical Operations In The Asia Pacific To Ironbridge and Archer Capital 195 11.7.26 3M Acquires Accuspray Application Technologies Inc. 198 11.7.27 3M to acquire Rochford Thompson Equipment 200 11.7.28 3M To Acquire Aearo Technologies From Permira 202 11.7.29 Permira To Sell Aearo Technologies To 3M 204 11.8 Recent Developments 207 11.8.1 Mar 31, 2008: HighJump Software Introduces Survey Management Solution for Direct Store Delivery Businesses 207 11.8.2 Mar 24, 2008: Brazil's Companhia de Transmissao de Energia Eletrica Paulista Chooses 3M ACCR for Upgrade of Line Over Parana River in Sao Paulo State 207 11.8.3 Mar 19, 2008: 3M to Headquarter Optical Systems Business in Asia 209 11.8.4 Mar 19, 2008: 3M To Headquarter Optical Systems Business In North Asia 209 11.8.5 Feb 11, 2008: 3M Increases Dividend for the 50th Straight Year 209 11.8.6 Nov 12, 2007: 3M Declares Quarterly Dividend 209 11.8.7 Oct 24, 2007: 3M And Sanyo Settle Suit On Lithium Ion Battery 209 11.8.8 Aug 13, 2007: 3M Declares Quarterly Dividend 210 11.8.9 May 08, 2007: 3M Declares Quarterly Dividend 210 11.8.10 Apr 30, 2007: Gen-Probe And 3M Collaborate To Develop Rapid Molecular Tests 210 12 Smith & Nephew Plc Company Profile 211 12.1 Company Overview 211 12.2 Business Overview 211 12.2.1 Advanced Wound Management 211 12.2.2 Endoscopy 212 12.2.3 Reconstruction 212 12.2.4 Trauma and Clinical Therapies 213 12.2.5 Products 214 12.2.6 History 214 12.3 Value Chain Analysis 218 12.3.1 Manufacturing 218 12.3.2 Product Development 219 12.3.3 Sales and Marketing 220 12.4 SWOT Analysis 220 12.4.1 Smith & Nephew Plc Strengths 220 12.4.2 Smith & Nephew Plc Weaknesses 221 12.4.3 Smith & Nephew Plc Opportunities 221 12.4.4 Smith & Nephew Plc Threats 222 12.5 Financial and Operational Review 223 12.6 Locations And Subsidiaries 224 12.7 Financial Deals Landscape 226 12.7.1 Smith & Nephew Endoscopy Sells Its Vascular Business To InaVein 226 12.7.2 Smith & Nephew Signs An Agreement With Universal Hospital Services 226 12.7.3 Smith & Nephew Acquires Plus Orthopedics Holding 227 12.7.4 Smith & Nephew And Teknimed Enter Into Distribution Agreement 229 12.7.5 Smith & Nephew Acquires BlueSky Medical Group 230 12.7.6 Smith & Nephew Enters Into An Agreement With Covalon 231 12.7.7 Smith & Nephew Signs An Agreement With UDL Laboratories 232 12.7.8 Nexa Orthopedics Signs An Agreement With Smith & Nephew 233 12.7.9 Smith & Nephew Acquires Osteobiologics 233 12.7.10 Smith & Nephew And Q-MED Enter Into Licensing Agreement 234 12.7.11 Smith & Nephew Completes Sale Of 50% Interest In BSN Medical To Montagu Private Equity 236 12.7.12 ArthroCare Enters Into Licensing Agreement With Smith & Nephew 237 12.7.13 Smith & Nephew Signs Licensing Agreement With Alexandria Research Technologies 238 12.7.14 Smith & Nephew Signs An Agreement With ORTHOsoft 239 12.7.15 Osteotech And Smith & Nephew Enter Into Processing And Distribution Agreement 240 12.7.16 Smith & Nephew Acquires VERSAJET From HydroCision 241 12.7.17 Smith & Nephew Terminates Acquisition Of Biomet 242 12.8 Recent Developments 243 12.8.1 Apr 02, 2008: Smith & Nephew Declares Second Interim Dividend 243 12.8.2 Apr 02, 2008: Smith & Nephew Reports 2007 Results 243 12.8.3 Mar 23, 2008: Smith & Nephew, Corin Battle To Win Over Americas Hip Generation 244 12.8.4 Feb 29, 2008: Smith & Nephew Appoints SVP, GM 245 12.8.5 Feb 20, 2008: Smith & Nephew and Synthes Settle Patent Dispute For Trochanteric Fixation Nails 246 12.8.6 Oct 22, 2007: Smith & Nephew Declares Interim Dividend 246 12.8.7 May 03, 2007: Smith & Nephew Appoints New CEO 246 12.9 Smith & Nephew Plc Pipeline Products 248 12.9.1 R3 Modular resurfacing Acetabular system 248 12.9.2 R3 Ceramic-on-ceramic Acetabular System 248 13 Baxter International Company Profile 249 13.1 Company Overview 249 13.2 Business Overview 249 13.2.1 BioScience 249 13.2.2 Medication Delivery 249 13.2.3 Renal 250 13.2.4 Products 250 13.2.5 History 251 13.3 Value Chain Analysis 254 13.3.1 Manufacturing 254 13.3.2 Product Development 254 13.3.3 Sales and Marketing 255 13.4 SWOT Analysis 256 13.4.1 Baxter International Inc. Strengths 256 13.4.2 Baxter International Inc. Weaknesses 257 13.4.3 Baxter International Inc. Opportunities 257 13.4.4 Baxter International Inc. Threats 257 13.5 Financial and Operational Review 259 13.6 Locations And Subsidiaries 261 13.7 Financial Deals Landscape 263 13.7.1 Baiyunshan And Baxter Form A Joint Venture In China 263 13.7.2 Baxter Signs Licensing Agreement With Intercytex And Spinal Restoration 264 13.7.3 Baxter Sells Transfusion Therapies Business to Texas Pacific and Maverick Capital 266 13.7.4 B. Braun Acquires Renal Therapy Business Of Baxter 268 13.7.5 Innovata signs a license agreement with Baxter International 269 13.7.6 Kuros Biosurgery Signs An Agreement With Baxter International 271 13.7.7 Gambro Signs An Agreement With Baxter 272 13.7.8 Baxter Healthcare And Gambro Enter Into An Agreement 274 13.7.9 Baxter and Cerus Enter Into Agreement With BioOne for Commercialization Of INTERCEPT Blood System 275 13.7.10 Baxter International And Kaketsuken Enter Into Agreement 277 13.7.11 Baxter To Acquire 40% Stake In Shanghai Baxter From Worldbest Treeful 278 13.8 Recent Developments 280 13.8.1 Jan 24, 2008: Baxter Achieves Record Sales and Earnings for Full-Year 2007 280 13.8.2 Dec 18, 2007: Baxter Elects CFO 282 13.8.3 Nov 13, 2007: Baxter Declares Quarterly Dividend 282 13.8.4 Aug 01, 2007: Baxter Elects New Board Director 283 13.8.5 Jul 31, 2007: Baxter Announces Quarterly Dividend 283 13.8.6 Mar 13, 2007: Baxter Declares Additional Share Repurchase Authorization 283 13.8.7 Feb 13, 2007: Baxter Announces Quarterly Dividend 284
List of Tables
1.1 List of Tables Table 1: Doctors by Specialty in China, 2003-2007 21 Table 2: Hospital Wards by Specialty in China, 2003 - 2007 22 Table 3: Healthcare Institutions in China, 2000-2004 23 Table 4: Personnel Employed in Healthcare Institutions in China, 2000-2004 23 Table 5: Healthcare Institutions, Hospital Beds and Employed Personnel by Region in China, 2004 24 Table 6: Wound Care Management, China, Overall Revenues ($ mn), 2000-2012 26 Table 7: Wound Care Management, China, Overall Revenues ($ mn), Historic, 2000-2007 27 Table 8: Wound Care Management, China, Overall Revenues ($ mn), Forecast, 2007-2012 28 Table 9: Wound Care Management, China, Category Revenues ($ mn), 2000-2012 29 Table 10: Wound Care Management, China, Category Revenues ($ mn), Historic, 2000-2007 30 Table 11: Wound Care Management, China, Category Revenues ($ mn), Forecast, 2007-2012 31 Table 12: Wound Care Management, China, Category Volume (Units), 2000-2012 32 Table 13: Wound Care Management, China, Category Volume (Units), Historic, 2000-2007 33 Table 14: Wound Care Management, China, Category Volume (Units), Forecast, 2007-2012 34 Table 15: Wound Care Management, China, Overall Company Share by Revenue ($ mn), 2005-2006 35 Table 16: Wound Closure Devices, China, Overall Revenues ($ mn), Historic, 2000-2007 36 Table 17: Wound Closure Devices, China, Overall Revenues ($ mn), Forecast, 2007-2012 37 Table 18: Wound Closure Devices, China, Revenue by Segment ($ mn), Historic, 2000-2007 38 Table 19: Wound Closure Devices, China, Revenue by Segment ($ mn), Forecast, 2007-2012 39 Table 20: Skin Closure Devices, China, Overall Revenues ($ mn), Historic, 2000-2007 40 Table 21: Skin Closure Devices, China, Overall Revenues ($ mn), Forecast, 2007-2012 41 Table 22: Hemostats, China, Overall Revenues ($ mn), Historic, 2000-2007 42 Table 23: Hemostats, China, Overall Revenues ($ mn), Forecast, 2007-2012 43 Table 24: Tissue Sealants, China, Overall Revenues ($ mn), Historic, 2000-2007 44 Table 25: Tissue Sealants, China, Overall Revenues ($ mn), Forecast, 2007-2012 45 Table 26: Wound Closure Devices, China, Overall Volume (Units), Historic, 2000-2007 46 Table 27: Wound Closure Devices, China, Overall Volume (Units), Forecast, 2007-2012 47 Table 28: Skin Closure Devices, China, Overall Volume (Units), Historic, 2000-2007 48 Table 29: Skin Closure Devices, China, Overall Volume (Units), Forecast, 2007-2012 49 Table 30: Hemostats, China, Overall Volume (Units), Historic, 2000-2007 50 Table 31: Hemostats, China, Overall Volume (Units), Forecast, 2007-2012 51 Table 32: Tissue Sealants, China, Overall Volume (Units), Historic, 2000-2007 52 Table 33: Tissue Sealants, China, Overall Volume (Units), Forecast, 2007-2012 53 Table 34: Hemostats, China, Average Price ($), Historic, 2000-2007 54 Table 35: Hemostats, China, Average Price ($), Forecast, 2007-2012 55 Table 36: Tissue Sealants, China, Average Price ($), Historic, 2000-2007 56 Table 37: Tissue Sealants, China, Average Price ($), Forecast, 2007-2012 57 Table 38: Skin Closure Devices, China, Average Price ($), Historic, 2000-2007 58 Table 39: Skin Closure Devices, China, Average Price ($), Forecast, 2007-2012 59 Table 40: Wound Closure Devices, China, Distribution Share by Revenue ($ mn), 2005-2006 60 Table 41: Wound Closure Devices, China, Company Share by Revenue ($ mn), 2005-2006 61 Table 42: Ostomy, China, Overall Revenues ($ mn), Historic, 2000-2007 62 Table 43: Ostomy, China, Overall Revenues ($ mn), Forecast, 2007-2012 63 Table 44: Ostomy, China, Overall Volume (Units), Historic, 2000-2007 64 Table 45: Ostomy, China, Overall Volume (Units), Forecast, 2007-2012 65 Table 46: Ostomy, China, Average Price ($), Historic, 2000-2007 66 Table 47: Ostomy, China, Average Price ($), Forecast, 2007-2012 67 Table 48: Ostomy, China, Distribution Share by Revenue ($ mn), 2005-2006 68 Table 49: Ostomy, China, Company Share by Revenue ($ mn), 2005-2006 69 Table 50: Advanced Wound Management, China, Overall Revenues ($ mn), Historic, 2000-2007 70 Table 51: Advanced Wound Management, China, Overall Revenues ($ mn), Forecast, 2007-2012 71 Table 52: Advanced Wound Management, China, Overall Volume (Units), Historic, 2000-2007 72 Table 53: Advanced Wound Management, China, Overall Volume (Units), Forecast, 2007-2012 73 Table 54: Advanced Wound Management, China, Average Price ($), Historic, 2000-2007 74 Table 55: Advanced Wound Management, China, Average Price ($), Forecast, 2007-2012 75 Table 56: Advanced Wound Management, China, Distribution Share by Revenue ($ mn), 2005-2006 76 Table 57: Advanced Wound Management, China, Company Share by Revenue ($ mn), 2005-2006 77 Table 58: Traditional Wound Management, China, Overall Revenues ($ mn), Historic, 2000-2007 78 Table 59: Traditional Wound Management, China, Overall Revenues ($ mn), Forecast, 2007-2012 79 Table 60: Traditional Wound Management, China, Overall Volume (Units), Historic, 2000-2007 80 Table 61: Traditional Wound Management, China, Overall Volume (Units), Forecast, 2007-2012 81 Table 62: Traditional Wound Management, China, Average Price ($), Historic, 2000-2007 82 Table 63: Traditional Wound Management, China, Average Price ($), Forecast, 2007-2012 83 Table 64: Traditional Wound Management, China, Distribution Share by Revenue ($ mn), 2005-2006 84 Table 65: Traditional Wound Management, China, Company Share by Revenue ($ mn), 2005-2006 85 Table 66: Compression Therapy, China, Overall Revenues ($ mn), Historic, 2000-2007 86 Table 67: Compression Therapy, China, Overall Revenues ($ mn), Forecast, 2007-2012 87 Table 68: Compression Therapy, China, Overall Volume (Units), Historic, 2000-2007 88 Table 69: Compression Therapy, China, Overall Volume (Units), Forecast, 2007-2012 89 Table 70: Compression Therapy, China, Average Price ($), Historic, 2000-2007 90 Table 71: Compression Therapy, China, Average Price ($), Forecast, 2007-2012 91 Table 72: Compression Therapy, China, Distribution Share by Revenue ($ mn), 2005-2006 92 Table 73: Compression Therapy, China, Company Share by Revenue ($ mn), 2005-2006 93 Table 74: Covidien Ltd./Tyco Healthcare, SWOT Analysis, 2007 102 Table 75: Covidien Ltd./Tyco Healthcare, Financial Statements, USD Million, 2003-2007 106 Table 76: Covidien Ltd./Tyco Healthcare, Financial Ratios, USD Million, 2003-2007 107 Table 77: Covidien Ltd./Tyco Healthcare, Other Locations 108 Table 78: Covidien Ltd./Tyco Healthcare, Subsidiaries 109 Table 79: 3M Company, SWOT Analysis, 2006 139 Table 80: 3M Company, Financial Statements, USD Million, 2002-2006 142 Table 81: 3M Company, Financial and Operational Overview, USD Million, 2002-2006 143 Table 82: 3M Company, Subsidiaries 144 Table 83: Smith & Nephew Plc, SWOT Analysis, 2006 220 Table 84: Smith & Nephew Plc, Financial Statements, USD Million, 2002-2006 223 Table 85: Smith & Nephew Plc, Financial Ratios, USD Million, 2002-2006 224 Table 86: Smith & Nephew Plc, Other Locations 225 Table 87: Baxter International Inc., SWOT Analysis, 2006 256 Table 88: Baxter International Inc., Financial Statements, USD Million, 2002-2006 259 Table 89: Baxter International Inc., Financial Ratios, USD Million, 2002-2006 260 Table 90: Baxter International Inc., Other Locations 261 Table 91: Baxter International Inc., Subsidiaries 262 Table 92: HARTMANN GROUP, SWOT Analysis, 2006 293 Table 93: HARTMANN GROUP, Financial Statements, Euro Thousand, 2002-2006 296 Table 94: HARTMANN GROUP, Financial Ratios, Euro Thousand, 2002-2006 297 Table 95: HARTMANN GROUP, Subsidiaries 298 Table 96: Currency Conversion from USD to Local Currency at 2007 Constant Rate 315
|