Strong Fundamentals Form MedTech FoundationStrong Fundamentals Form MedTech Foundation
Originally Published MDDI December 2004Medtech SnapshotCorporate Finance
December 1, 2004
Originally Published MDDI December 2004
Analysts predicted a strong year for medical devices, with exciting new developments to stimulate funding, growth, and revenues. Earlier this year, Scott R. Davidson, senior research analyst with Piper Jaffray, predicted that 2004 would see an above-average amount of mergers and acquisitions in the medtech industry.
“We will see offensive M&A, in which companies look to the next leg of growth, but also to defensive M&A, to protect market leadership and existing franchises,” Davidson said.
By mid-year, the industry had already seen 74 mergers and acquisitions (see the table on page 58 for a list of the key mergers and acquisitions in 2004).
The tables and charts on these pages provide a look at the financial health of the device industry. Indicators include a chart comparing industry performance with Standard & Poor's 500, a list of the industry's key mergers and acquisitions, and the top 40 medical manufacturers worldwide, ranked by revenue.
Copyright ©2005 Medical Device & Diagnostic Industry
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