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Medtech's 5 Biggest Sectors and the Firms That Dominate ThemMedtech's 5 Biggest Sectors and the Firms That Dominate Them
October 13, 2014
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1. In Vitro Diagnostics$47.4 Billion—2013 Sales$71.6 Billion—2020 Sales (Projected)Roche is expected to stay the top company in the IVD space to 2020, according to EvaluateMedTech.Here are the top five companies, by 2013 IVD sales:Roche—$8.7 BillionSiemens—$5.2 BillionDanaher—$4.9 BillionAbbott Laboratories—$4.5 BillionThermo Fisher Scientific—$3.0 BillionSource: EvaluateMedTech (September 18, 2014)In-Vitro Diagnostics Image from SamsungTomorrow via Flickr
Medtech’s 5 Biggest Sectors and the Firms That Dominate Them
The slew of medtech mergers taking place should shake up the rankings when it comes to largest companies in areas including cardiology and orthopedics. Ophthalmics is generally due for some major changes, too.
That’s a big takeaway from the latest EvaluateMedTech from London-based Evaluate Ltd., which recently released a report breaking down the medtech industry by sector.
Image created with Tagul
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Chris Newmarker is senior editor of MPMN and Qmed. Follow him on Twitter at @newmarkerBrian Buntz is the editor-in-chief of MPMN and Qmed. Follow him on Twitter at @brian_buntz.
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