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Medical Devices

18.2%
6.1%
0.5%

Modern Medicine, With All The Gadgets

The medical device industry manufactures a wide range of products, including relatively simple conventional products like syringes as well as advanced devices like implantable pacemakers. The industry is primarily driven by big players which contribute roughly half of the $370 billion in sales seen globally each year.[1] In the future, subsectors like diagnostics, surgery, critical care and ophthalmic and cardiovascular products, are expected to continue the growth momentum. In 2013, the industry was sparked by further product innovation and a slew of mergers: Companies spent more than $10.5 billion on research and development[2], while 283 companies were targeted in acquisitions[3]. Now, with a 2.3% excise tax as part of the Affordable Healthcare Act impacting the profitability of US sales, many US companies may target the fast-growing middle class consumers in emerging markets and Europe. See More
18.2%
6.1%
0.5%
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Portfolio Index 1 YR Return
Medical Devices Benchmark
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Weight Segment & Stocks Symbol 1 YR Return
43.2% Diversified Devices 16.8%
15.4% Medtronic plc. MDT 12.6%
11.4% Stryker Corporation SYK 14.8%
6.9% 8xxxxx 8xxxxxxxxx 8xxxxxxxxxx 8xx 88.8%
4.2% 8xxxxxxx 8xxx 8xxx 88.8%
3.6% 8xxxxx 8xx 8xx 88.8%
1.7% 8xxxxxx 8xxxxxxxxxxx 8xxx 8xx 8xx 88.8%
16.3% Diagnostics and Imaging 30.4%
13.6% Thermo Fisher Scientific Inc. TMO 34.0%
1.8% 8xxxxxx 8xxxxxxxxxxx 8xx 8 88.8%
0.9% 8xxxxxxxxxx 8xxx 8xx 88.8%
12.0% Disposables 9.1%
8.4% 8xxxxx 8xxxxxxxxxxxx 8xxx 8xx 88.8%
3.6% 8xxx 8xxxxxxxxxxxxx 8xxxxxxx 8xxx 8xx 88.8%
7.3% General Equipment and Supplies 18.7%
2.7% 8xxxxxxxxxxxxx 8xxxxxxxxxxxx 8xxx 8xx 88.8%
2.6% 8xxxxxxx 8xxxxxxx 8xxx 8xx 88.8%
2.0% 8xxxxx 8xxxxxxxxxx 8xx 88.8%
5.2% Ophthalmic Devices 37.7%
5.2% 8xx 8xxxxx 8xxxxxxxx 8xxx 8xx 88.8%
4.2% Orthopaedics 17.4%
4.2% 8xxxx 8 8xxxxx 8xxxx 8xxx 8xx 88.8%
3.9% Cardiovascular 20.1%
3.9% 8xxxxxx 8xxxxxxxxxxx 8xxxxxxxxxx 8x 88.8%
3.8% Oncology 7.1%
3.8% 8xxxxx 8xxxxxx 8xxxxxx 8xxx 8xx 88.8%
3.1% Dental 26.5%
3.1% 8xxxxxxx 8xxxxx 8xx 8xxx 88.8%
1.0% Neurovascular 4.9%
1.0% 8xxxxxxx 8xxx 8xxx 88.8%
Quotes delayed 15 mins. Currently Jun 18, 2019 2:39:57 AM. Fields are marked with -- when data is unavailable.