Division of Medtronic PLC
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Wearable devices are shaking off their fitness-only reputation and starting to attract the attention of medtech investors. A number of start-ups are targeting chronic conditions with innovative solutions that could not only improve patient care and quality of life, but also reduce costs.
The excitement about digital health solutions has reached new heights as the market moves toward changes where those solutions are not only wanted, but in many cases needed to help battle costs and improve patient outcomes. The interest in digital health is part of a larger trend that is seeing patients take on more and more responsibility for their own health amid changing perceptions of what is considered a medical device.
Healthy market growth, the biggest ever M&A deal, a record number of billion-dollar takeovers, and the IPO market in impressive bounce-back…2014 was a year of superlatives for the global medtech industry. But with more expected of manufacturers while health care spending remains in the doldrums and demand for care rises, the long-term medtech winners will be those who can forecast how and where to make an impact on both costs and patient outcomes.
Medtech manufacturers saw 2014 as the year of the medtech mega-merger and a rebound in IPOs. But the market is changing, and companies are increasingly cast as service providers who must deliver value.
- Monitoring Equipment & Devices
- Therapeutic Areas
- North America
- Parent & Subsidiaries
- Medtronic PLC
- Senior Management
John Russell, Pres. & CEO
Lisa Garrett, CFO
Rich Fogoros, MD, CMO
Abhi Chavan, PhD, VP, Rsch., Product Dev. & Mfg. Ops.
- Contact Info
Phone: (651) 389-3250
1410 Energy Park Dr., Ste. 1
St. Paul, MN 55108
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