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Why not? Orthopedics is a mature business that isn't growing beyond low single digits, Alcon is growing faster & taking market share in both contact lenses & cataract surgery from J&J's vision business, BWI is losing market share to Boston Scientific & Medtronic, Ethicon is losing market share to Intuitive Surgical & Medtronic due to Ethicon not having a robot. Stryker & Medtronic are taking market share & growing faster than Cerenovus in neurovascular. Medtech doesn't have much of a future in terms of growth. That's why OCD, Cordis, Lifescan, Acclarent, & ASP were divested.The only thing left in Medtech with growth are Abiomed & Shockwave.
Why not? Orthopedics is a mature business that isn't growing beyond low single digits, Alcon is growing faster & taking market share in both contact lenses & cataract surgery from J&J's vision business, BWI is losing market share to Boston Scientific & Medtronic, Ethicon is losing market share to Intuitive Surgical & Medtronic due to Ethicon not having a robot. Stryker & Medtronic are taking market share & growing faster than Cerenovus in neurovascular. Medtech doesn't have much of a future in terms of growth. That's why OCD, Cordis, Lifescan, Acclarent, & ASP were divested.
The only thing left in Medtech with growth are Abiomed & Shockwave.
