2006 MEDTECH SNAPSHOT
PriceWaterhouseCoopers estimates that 10.7% of all corporate deals in the first half of 2006 came from the medical device sector, making it the third most active industry in the nation.
According to Merrill Lynch, St. Jude Medical and Zimmer Holdings stand out in the industry. Both have experienced recent lows, but are strong for long-term investments. And as a whole, devices have better performance numbers than most companies on the S&P 500 index.
Click images and tables to enlarge:
The top 40 public medical manufacturers worldwide, ranked by trailing 12 months (TTM) revenues. Source: Bloomberg.