In 2018, the top 100 publicly listed and reportable medical device technology companies had global sales spanning from over $30bn to some $100m in the lower reaches. As the latest In Vivo Medtech 100 ranking shows, many of the major changes in value sales were linked to company restructurings. But there were some impressive organic gains too.
It would be surprising not to say disquieting if, in mature industry sectors, the complexion and composition of the leading companies changed radically year-to-year.
For medtech, a truly unique industry in terms of both the risk assumed by companies and what the ultimate customer...