Invest in

Medical Devices

20.7%
2.3%
0.2%

Modern Medicine, With All The Gadgets

The medical device industry manufactures a wide range of products, including relatively simple conventional products like syringes as well as advanced devices like implantable pacemakers. The industry is primarily driven by big players which contribute roughly half of the $370 billion in sales seen globally each year.[1] In the future, subsectors like diagnostics, surgery, critical care and ophthalmic and cardiovascular products, are expected to continue the growth momentum. In 2013, the industry was sparked by further product innovation and a slew of mergers: Companies spent more than $10.5 billion on research and development[2], while 283 companies were targeted in acquisitions[3]. Now, with a 2.3% excise tax as part of the Affordable Healthcare Act impacting the profitability of US sales, many US companies may target the fast-growing middle class consumers in emerging markets and Europe. See more
20.7%
2.3%
0.2%
Invest in Thematic Portfolios
Create your own customizable basket of up to 30 stocks or ETFs for as low as $9.95.
Motif Index 1 YR Return
Medical Devices Benchmark
Open a Motif account to view and trade this basket of stocks:
Weight Segment & Stocks Symbol 1 MO / 1 YR Return
47.6% Diversified Devices 28.3%
16.6% Medtronic plc. MDT 26.4%
12.5% Stryker Corporation SYK 20.3%
6.7% 8xxxxx 8xxxxxxxxx 8xxxxxxxxxx 8xx 88.8%
4.3% 8xxxxxxx 8xxx 8xxx 88.8%
4.1% 8xxxxx 8xx 8xx 88.8%
3.5% 8xxxxxxxxx 8xxx 8xxx 88.8%
18.7% Diagnostics and Imaging 18.4%
11.5% Thermo Fisher Scientific Inc. TMO 23.3%
4.7% 8xxxxxx 8xxxxxxxxxxx 8xx 8 88.8%
1.4% 8xxxxxxxxxx 8xxx 8xx 88.8%
1.0% 8xxxxx 8xxxxxxxxxx 8xxx 88.8%
9.8% Disposables 16.5%
6.8% 8xxxxx 8xxxxxxxxxxxx 8xxx 8xx 88.8%
3.0% 8xxx 8xxxxxxxxxxxxx 8xxxxxxx 8xxx 8xx 88.8%
5.1% General Equipment and Supplies 1.2%
4.1% 8xxxxx 8xxxxxxxxxx 8xx 88.8%
1.0% 8xxxxxxxxxxxxx 8xxxxxxxxxxxx 8xxx 8xx 88.8%
4.4% Orthopaedics 7.4%
4.4% 8xxxx 8 8xxxxx 8xxxx 8xxx 8xx 88.8%
3.9% Oncology 5.0%
3.9% 8xxxxx 8xxxxxx 8xxxxxx 8xxx 8xx 88.8%
3.9% Ophthalmic Devices 6.8%
3.9% 8xx 8xxxxx 8xxxxxxxx 8xxx 8xx 88.8%
3.1% Cardiovascular 35.5%
3.1% 8xxxxxx 8xxxxxxxxxxx 8xxxxxxxxxx 8x 88.8%
2.3% Dental 64.2%
2.3% 8xxxx 8xxxxxxxxx 8xxx 8xxx 88.8%
1.2% Neurovascular 29.5%
1.2% 8xxxxxxx 8xxx 8xxx 88.8%

Quotes delayed 15 mins. Currently Oct 17, 2018 7:30:27 PM. Fields are marked with -- when data is unavailable.