The global medtech industry has a new leader, after a bulked-up Medtronic bumped Johnson & Johnson from first place. But astute M&A deals, as well as divestments and impact from poor sales and negative currency effects, have also led to other movements in the medtech rankings, according to Medtech Insight's annual review at the top medical device companies.
It took some time, but more than a year after Medtronic PLC completed its historic $43 billion 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 the MTI 100 – Medtech Insight's roll call of the top 100 companies ranked according to...