The current economic downturn has put paid to the notion that healthcare markets are recession-proof, with the formerly high-flying medical device industry struggling along with the rest of the business world.
But for some companies, the bad economy proved less of an impediment to profitability than for other, last year in particular.
Firms including American Medical Systems (NSDQ:AMMD), Intuitive Surgical (NSDQ:ISRG) and Synthes all managed to maintain healthy net profit margins. Others, such as Biomet, NuVasive (NSDQ:NUVA) and Wright Medical (NSDQ:WMGI), fared worse.
Here’s a look at the 15 most profitable pure-play medical device companies, culled using sales and net income data from the MassDevice Big 100 database:
And here’s a look at the 15 least profitable medical device companies:
You can drill down further into the data with the MassDevice Big 100 Deluxe for just $79.99, which includes in-depth interviews with some of med-tech’s most interesting CEOs.