The global medtech industry has a new leader, after a bulked-up Medtronic knocked Johnson & Johnson off its throne. But astute M&A deals, as well as divestments and knock-on impact from poor sales and negative currency effects, have also led to other movements in the medtech company rankings. Medtech Insight's 2016 edition of its annual league tables – MTI 100 and the Top 10 sector leaders – show who's climbed up and who's slipped down.
It might have taken some time but more than a year after Medtronic completed its historical $43bn merger with Covidien, the medtech giant has finally made it to the top of the leaderboard, a position long-occupied by Johnson & Johnson.
The 2016 edition of MTI 100 – Medtech Insight's roll call of the top 100 companies ranked according to their medical device- and diagnostics-related sales for their most recent full...