Originally Published MDDI December 2005
2005 MEDTECH SNAPSHOT
Net income slowed for several device companies, including Boston Scientific, in 2005, according to Merrill Lynch. The 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 and the top 40 public medical manufacturers worldwide, ranked by revenue.
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The top 40 public medical manufacturers worldwide, ranked by trailing 12 months (TTM) revenues. Source: Bloomberg.
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Spending by public agencies, like the Centers for Medicare and Medicaid Services (CMS) and Veterans Health Administration, accounted for nearly $442 billion of the annual healthcare spending in 2003. Source: CMS, Office of the Actuary, National Health Statistics Group.
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Office of Regulatory Affairs (ORA) costs for the process of the review of device applications. The costs include total process costs, including costs paid from appropriations and fee revenues. Source: FDA Unit Costs for the Process of Medical Device Review.
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Copyright ©2005 Medical Device & Diagnostic Industry
