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MTI 100: Major M&A Bookends Year Of Mainly Steady Growth For Leading Medtech Groups

 
• By Ashley Yeo

In Medtech Insight's latest rankings of top 100 revenue-earners in the medical device and diagnostics sector, it was steady as she goes for most of the multinational medtechs, with some major exceptions. But there will be more M&A reflected in next year's ranking based on 2018 revenues. Also, medtech groups leading the global market tightened their grip further in 2017, as providers chose to partner more and more with fewer suppliers who can offer a wider provision of services.

Hand writing the text: Top 100

For companies leading the global medical technology industry, the latest MTI 100 sales rankings are strikingly similar to last year's list, with a handful of major exceptions.

Among the top-10 revenue-earners, Abbott Laboratories Inc. made the biggest jump in position, from spot number 10 to five, based on the fruits of its vigorous M&A activity. All of the top 10 revenue-earners recorded sales of over $10bn, with the acquisitive Boston Scientific Corp. (electrophysiology company Apama Medical Inc

The MTI 100 is Medtech Insight's annual revenue ranking of the top 100 device and diagnostics companies, by revenue, and the top 10 players in the cardiology, IVD, orthopedic and imaging sectors. The full tables are below and also on the MTI 100 home page

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