Financial

Zacks Industry Outlook Highlights: Bayer, Abbott Laboratories, Roche Holding, Medtronic and Johnson & Johnson

Chicago, IL – December 04, 2015 – Today, Zacks Equity Research discusses the MedTech (Part 1), including Bayer AGAbbott Laboratories, Roche Holding AG, Medtronic plc, and Johnson & Johnson.

Despite the socio-economic and political instability prevailing in most geographic markets at present, the MedTech industry overall has so far witnessed a positive run in 2015. While the global economy has been through a rollercoaster ride over the past quarter, the MedTech sector has not only held its own, but maintained a stable uptrend. Its powerful long-term tailwinds, including mergers & acquisitions, emerging market expansion, positive demographic trends and new product innovation, have been the vital force behind the rise.

Impressive Prospects Ahead

According to a survey by EvaluateMedTech World Preview, the MedTech space is positioned for impressive growth in the near term. This should compel investors to keep an eye out on the sector that is generally not in the limelight from the investment perspective.

At a glance, Medtech sales worldwide are expected to grow at a CAGR of 4.1% to $478 billion by 2020. Steering ahead of Cardiology and Diagnostics, In Vitro Diagnostics (IVD) is expected to emerge as the sector leader. Neurology, meanwhile, holds promise as the fastest growing division among the top 15 segments by 2020. On the other hand, Orthopedics, which is already going downhill, may prove to be one of the slowest growing segments in 2020 with a CAGR of 3.2% per year.

Changing Trends in MedTech

Investors interested in the Medical Devices industry generally keep analyzing existing trends – like longer life expectancies, mergers and acquisitions, emerging market opportunities, increased regulatory scrutiny and health care reforms. However, here are some of the emerging trends that one should also take into account, as these might eventually transform the prospects of the industry.

Evolving Home Medical Devices Market: With growing awareness, self-health care has become one of the driving forces within the home medical devices market. A recent report published in mddionline.com states that the global home healthcare market will reach $303.6 billion by 2020, up over 70% from $176.1 billion in 2013.
READ MORE HERE

Print Friendly, PDF & Email
Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close