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U.S. Medical Equipment Industry Analysis

UpdatedNov 30, 2022
DataAggregated Company Financials
Companies277
  • 7D0.07%
  • 3M1.8%
  • 1Y-19.8%
  • YTD-25.2%

Over the last 7 days, the Medical Equipment industry has remained flat. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the U.S. Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022US$1.1tUS$244.3bUS$19.0b32.9x57.2x4.5x
Fri, 28 Oct 2022US$1.1tUS$244.8bUS$22.0b33.4x48.6x4.4x
Sun, 25 Sep 2022US$1.0tUS$244.6bUS$26.2b32.2x38.9x4.2x
Tue, 23 Aug 2022US$1.1tUS$245.1bUS$26.6b34.2x42.3x4.6x
Thu, 21 Jul 2022US$1.1tUS$241.4bUS$26.2b34.3x41.7x4.5x
Sat, 18 Jun 2022US$1.0tUS$243.6bUS$26.2b33.3x38.6x4.2x
Mon, 16 May 2022US$1.1tUS$244.7bUS$26.5b35x42.7x4.6x
Wed, 13 Apr 2022US$1.3tUS$233.8bUS$25.9b38.8x50.4x5.6x
Fri, 11 Mar 2022US$1.3tUS$232.5bUS$25.8b42.6x49.2x5.5x
Sun, 06 Feb 2022US$1.3tUS$228.8bUS$28.5b45.7x45.6x5.7x
Tue, 04 Jan 2022US$1.4tUS$226.8bUS$29.1b48.7x49.5x6.3x
Thu, 02 Dec 2021US$1.3tUS$226.7bUS$29.1b45.4x46.4x5.9x
Sat, 30 Oct 2021US$1.7tUS$254.3bUS$35.0b50.3x48.6x6.7x
Mon, 27 Sep 2021US$1.8tUS$248.4bUS$33.1b52.3x52.9x7.1x
Wed, 25 Aug 2021US$1.7tUS$248.2bUS$33.1b49.9x52.2x7x
Thu, 01 Jul 2021US$1.6tUS$243.9bUS$31.3b52.3x51.5x6.6x
Sun, 04 Apr 2021US$1.5tUS$223.7bUS$25.2b52.5x58x6.5x
Wed, 06 Jan 2021US$1.4tUS$216.0bUS$22.3b49x63.9x6.6x
Sat, 10 Oct 2020US$1.3tUS$206.6bUS$23.1b45.6x55.9x6.2x
Fri, 03 Jul 2020US$1.1tUS$204.4bUS$22.8b47.4x50x5.6x
Mon, 06 Apr 2020US$927.9bUS$208.7bUS$26.1b40.1x35.5x4.4x
Thu, 09 Jan 2020US$1.1tUS$210.0bUS$25.0b42.7x45.1x5.4x
Price to Earnings Ratio

54.9x


Total Market Cap: US$1.1tTotal Earnings: US$20.4bTotal Revenue: US$205.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Medical Equipment Industry Price to Earnings3Y Average 49.9x202020212022
Current Industry PE
  • Investors are optimistic on the American Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 57.2x which is higher than its 3-year average PE of 49.9x.
  • The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 2.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Healthcare industry?

US Market-0.94%
Healthcare-0.045%
Medical Equipment0.07%
Medical Equipment0.11%
Medical Supplies-0.42%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio of 55.0x.
    • Analysts are expecting annual earnings growth of 31.3%, which is higher than its past year's earnings growth of 5.2% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 51.3x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BDX Becton DickinsonUS$241.022.3%
+US$1.5b
1.6%PE44.2x
BSX Boston ScientificUS$44.502.2%
+US$1.4b
16.9%PE106.8x
ZBH Zimmer Biomet HoldingsUS$119.003.2%
+US$770.2m
-0.5%PE77.4x
TFX TeleflexUS$226.154.2%
+US$429.2m
-24.0%PE25.7x
EW Edwards LifesciencesUS$74.850.7%
+US$333.9m
-30.2%PE31.7x
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Latest News

STAA

US$55.30

STAAR Surgical

7D

-8.2%

1Y

-41.9%

MDT

US$76.48

Medtronic

7D

-1.9%

1Y

-28.3%

EW

US$74.85

Edwards Lifesciences

7D

0.7%

1Y

-30.2%

BSX

US$44.50

Boston Scientific

7D

2.2%

1Y

16.9%

ZBH

US$119.00

Zimmer Biomet Holdings

7D

3.2%

1Y

-0.5%

PEN

US$199.76

Penumbra

7D

3.7%

1Y

-18.7%

NARI

US$72.31

Inari Medical

7D

-5.3%

1Y

-12.4%

RMD

US$223.20

ResMed

7D

-2.8%

1Y

-12.4%

BDX

US$241.02

Becton Dickinson

7D

2.3%

1Y

1.6%

TFX

US$226.15

Teleflex

7D

4.2%

1Y

-24.0%

SYK

US$227.20

Stryker

7D

0.3%

1Y

-4.0%

ISRG

US$258.80

Intuitive Surgical

7D

-1.6%

1Y

-20.2%