Navigation Links
Global Medtech Industry Holds Steady Amidst Recession
Date:10/13/2009

d US$9.2 billion, a 38% decline from the previous year. This trend has continued into the first half of 2009, with the amount of financing raised in this period down 59% from the same period in 2008.
  • Venture capital (VC). While medtech public financing was down sharply in 2008, venture capital flowing to the sector held relatively steady. In the US, total VC funding reached US$3.6 billion in 2008, 10% shy of the US$4 billion record set in 2007. European medtechs received US$772 million in VC financing in 2008, a decrease of 20% as compared to 2007. For the first six months of 2009, VC investment in the sector for both the US and Europe totaled US$1.6 billion -- a decrease of 38% from the comparable period in the prior year.
  • IPO performance. The US medtech industry has not had an IPO since the first quarter of 2008, the longest dry spell since 2003. In Europe, there were only two IPOs in 2008.
  • Deal space. The total value of mergers and acquisitions (M&As) in the industry in 2008 was US$41 billion, a 33% decline compared to 2007. Through the first half of 2009, only 44 deals with an aggregate value of US$6.7 billion have been announced.
  • New challenges loom

    The Pulse of the industry report also identifies emerging challenges that could create new sources of opportunity and uncertainty for companies and investors:

    A changing reimbursement environment: Healthcare reform in the US --the world's largest healthcare market -- and elsewhere could have a profound impact on the global medtech industry. It is likely that reimbursement for devices will change significantly in the years ahead, as payors adopt some form of comparative effectiveness in making reimbursement decisions.

    Product approval uncertainty: The US Food and Drug Administration (FDA) is currently considering restricting the types of medtech products eligible for 510(k)
    '/>"/>

    SOURCE Ernst & Young
    Copyright©2009 PR Newswire.
    All rights reserved

    Page: 1 2 3 4

    Related medicine news :

    1. Corbett Selected to Host the Only Midwest Global Awards Judging Competition
    2. Tata Consultancy Services to Support Roches Global Capacity Building Initiative
    3. Creative Technology Services Enhances its Global Competitiveness with Additional Regulatory Certifications
    4. Briefing on a new Web resource to address global drinking water crisis
    5. MDS Pharma Services Wins Award for Management of Global Malaria Trial
    6. Neusoft Becomes First Global Growth Company Partner of World Economic Forum
    7. Resonant Medical Appoints New Vice President of Global Sales
    8. Transcept Pharmaceuticals, Inc. to Present at UBS 2007 Global Life Sciences Conference
    9. The era of global aging: GSAs annual meeting to present new research on hot topics in aging
    10. MEDEX Global Group & Harvard Medical International Join Forces to Create the Most Comprehensive Health Information Resource for International Travelers
    11. Ultrasonix Adds Global Medical Imaging Into Its North American Sales Force
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:9/23/2014)... TUESDAY, Sept. 23, 2014 (HealthDay News) -- A test used ... geographic regions where certain lung infections are more common, a ... lung cancer is through the use of what,s known as ... imaging called FDG-PET is used, according to the study authors. ... do parts of the lungs that don,t have ...
    (Date:9/23/2014)... Avid collector Andrew Hawley, from Vintage Rock Posters, ... Seattle concert posters. The Doors were a smash hit after ... The Seattle Eagles Auditorium concert was held on July 23. ... Eagles Auditorium in November the same year. The artist that ... in three colors. The poster is a split fountain silkscreen ...
    (Date:9/23/2014)... What: Rutgers Presbyterian Church, a ... that embodies the inclusion and diversity of New ... the Ecological Crisis, a public lecture led by ... of Old Testament at Louisville Presbyterian Seminary. Tull ... lends insight into current ecological problems, including energy ...
    (Date:9/23/2014)... A recent Oregon survey about an exercise DVD ... daily routine of elementary school students found it had ... teachers, and offered clear advantages for overly sedentary educational ... and produced by the Healthy Youth Program of the ... available nationally. , Brain Breaks leads children in 5-7 ...
    (Date:9/23/2014)... OAK BROOK, Ill. (September 23, 2014) Both ... malignancy with screening computed tomography (CT) colonography greatly ... invasive follow-up tests precipitated by false-positive diagnoses, according ... issue of the journal Radiology . , ... target a specific organ. However, when screening for ...
    Breaking Medicine News(10 mins):Health News:Lung Infections May Hamper Ability to Detect Lung Cancer 2Health News:Inhabiting Eden: Christians, Scripture, and the Ecological Crisis – Public Lecture to Discuss Faith-Based Environmentalism 2Health News:'Brain Breaks' increase activity, educational performance in elementary schools 2Health News:'Brain Breaks' increase activity, educational performance in elementary schools 3Health News:Patients accept false-positives to achieve diagnostic sensitivity 2Health News:Patients accept false-positives to achieve diagnostic sensitivity 3
    ... Completes Renovation of Local ... Pediatrician,s Office, HOUSTON, Dec. ... Office Makeover" for pediatrician Dr.,Muhammad Shaikh at the Bissonet Medical Center ... initiative that AMERIGROUP Community,Care sponsored for the area,s physicians and its ...
    ... Aida,Pharmaceuticals (OTC Bulletin Board: AIDA) today ... has been named as a "New and,High-Tech ... New High,Technology Service Centre ("SNHTSC"), a special ... Government. This,designation will allow Rh-Apo2L to have ...
    ... and Treat Alzheimer,s Disease, MORGANTOWN, W.Va., Dec. 4 ... discovered that,a cancer drug - Bryostatin - enhances the ... This drug could potentially increase,normal memory capacity in humans ... disease, stroke and head trauma., In an article ...
    ... Proceeds Benefit Institute on Aging and the Center for ... Elderly Suicide Prevention (CESP), SAN ... at San Francisco,s War Memorial Veterans Building Green,Room, the Center for ... on Aging (IOA), celebrates their 21st Annual,Cable Car Caroling fundraising event. ...
    ... Capital Through 2010, LOUISVILLE, Ky., Dec. 4 Almost Family, ... terms of its,previously existing $22.5 million bank credit facility., ... in borrowings with a maturity date of June 2010. -- ... Earnings Before Interest Taxes Depreciation and Amortization ...
    ... Pa., Dec. 4 The Capital BlueCross Medicare,Advantage ... Keystone,Health Plan Central, was ranked as the No. ... a report issued today by the Pennsylvania,Health Care ... Containment Council is an independent state agency formed ...
    Cached Medicine News:Health News:AMERIGROUP Community Care Provides 'Doctor's Office Makeover' in Houston 2Health News:Rh-Apo2L Named as One of China's High-Tech Transforming Products by Chinese Government 2Health News:Drug Found to Create New Connections in Brain, Restoring and Improving Memory 2Health News:Carolers Bring Holiday Cheer to Homebound Seniors 2Health News:Almost Family Announces Expansion of Revolving Credit Facility 2Health News:Almost Family Announces Expansion of Revolving Credit Facility 3Health News:Capital BlueCross HMO Plan is Ranked No. 1 in Pennsylvania for Member Satisfaction 2
    (Date:9/23/2014)... 23, 2014  SI-BONE, Inc., a medical device company ... ® a minimally invasive surgical (MIS) device indicated ... that the U.S. Patent and Trademark Office has awarded ... for the fixation and fusion of bone.  This newly ... tapered distal end that may be placed from one bone across ...
    (Date:9/23/2014)... Sept. 23, 2014 Report Details ... you trends, R&D and predicted revenues Do you ... Now get the latest analysis for those cancer ... opportunities and revenue forecasts. Visiongain,s new report ... kinase inhibition and related technology. There avoid missing ...
    (Date:9/23/2014)... , Sept. 23, 2014 EnzymeBioSystems (OTCBB: ... along with the process of evaluating an enzyme ... in fighting tumors. In an effort to evaluate this ... with various contract research organizations to enlist their ... the use of an antitumor natural product called ...
    Breaking Medicine Technology:SI-BONE, Inc. Strengthens Patent Portfolio with the U.S. Patent and Trademark Office's Issuance of Threaded, Fenestrated Implant Method Patent 2SI-BONE, Inc. Strengthens Patent Portfolio with the U.S. Patent and Trademark Office's Issuance of Threaded, Fenestrated Implant Method Patent 3Kinase Inhibitors for Treating Cancer: Industry Analysis, R&D Trends and World Market Forecasts 2014-2024 2Kinase Inhibitors for Treating Cancer: Industry Analysis, R&D Trends and World Market Forecasts 2014-2024 3Kinase Inhibitors for Treating Cancer: Industry Analysis, R&D Trends and World Market Forecasts 2014-2024 4Kinase Inhibitors for Treating Cancer: Industry Analysis, R&D Trends and World Market Forecasts 2014-2024 5EnzymeBioSystems Announces Progress with an Enzyme Compound 2
    ... today reported financial results for the third quarter ended,September ... Novavax reported a net loss of $9.0 million, or ... $5.0 million net loss, or the,equivalent of $0.08 loss ... For the nine months ended September 30, 2007, the ...
    ... Allos,Therapeutics, Inc. (Nasdaq: ALTH ) today announced ... non-randomized, open-label, multi-center dose,escalation study of the Company,s ... tumors or non-Hodgkin,s lymphoma (NHL). "We are ... said Pablo,J. Cagnoni, M.D., Chief Medical Officer of ...
    Cached Medicine Technology:Novavax Reports Third Quarter 2007 Financial Results and Progress with Vaccine Development Programs 2Novavax Reports Third Quarter 2007 Financial Results and Progress with Vaccine Development Programs 3Novavax Reports Third Quarter 2007 Financial Results and Progress with Vaccine Development Programs 4Novavax Reports Third Quarter 2007 Financial Results and Progress with Vaccine Development Programs 5Novavax Reports Third Quarter 2007 Financial Results and Progress with Vaccine Development Programs 6Allos Therapeutics Initiates Study of RH1 in Patients with Advanced Solid Tumors or non-Hodgkin's Lymphoma 2Allos Therapeutics Initiates Study of RH1 in Patients with Advanced Solid Tumors or non-Hodgkin's Lymphoma 3Allos Therapeutics Initiates Study of RH1 in Patients with Advanced Solid Tumors or non-Hodgkin's Lymphoma 4
    ... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
    ... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
    ... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    Medicine Products: