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Let’s Talk Medtech
Is Medtech Still a Healthy Industry?
Oct 18, 2023
The podcast discusses the overall health of the MedTech industry, including revenue growth and financing challenges. It explores near shoring in the industry and the potential growth and barriers in the Chinese market. The speakers also make predictions for the medtech industry in 2024, focusing on R&D spending and the shift towards a direct-to-consumer model.
23:24
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Quick takeaways
- The MedTech industry remains healthy with 6% revenue growth in 2022, continued R&D spending growth, and a record $27 billion returned to shareholders, despite challenges in financing.
- Spin-offs are becoming increasingly prevalent in the MedTech industry, providing a successful mechanism for unlocking capital, creating value, and optimizing portfolios through different pools of investors for different product sets.
Deep dives
Pulse of the MedTech Industry Report: Trends and Impacts
The podcast episode features an interview with Jim Welch, EY's global MedTech leader, discussing EY's annual report, Pulse of the MedTech industry. The report, now in its 17th year, provides insights into industry trends, both internal and external, and tracks the industry's financial health, M&A activity, and the impact of digital health. Despite external forces, the MedTech industry remains healthy with a 6% revenue growth in 2022, continued R&D spending growth, and a record $27 billion returned to shareholders. However, there are challenges in financing, including a decline in equity financing and VC investments, as well as a quieter M&A market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode