Header cover image

U.S. Medical Equipment Industry Analysis

UpdatedMay 28, 2022
DataAggregated Company Financials
Companies226
  • 7D2.7%
  • 3M-11.4%
  • 1Y-12.8%
  • YTD-18.7%

In the last week, the Medical Equipment industry is up 2.7%, with Abbott Laboratories up 3.0%. In the past year, the industry is down 13%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 29 May 2022US$1.1tUS$217.1bUS$23.3b39.1x
Tue, 26 Apr 2022US$1.2tUS$213.0bUS$23.5b41.2x
Thu, 24 Mar 2022US$1.2tUS$211.2bUS$23.4b44.5x
Sat, 19 Feb 2022US$1.1tUS$208.8bUS$23.1b44.9x
Mon, 17 Jan 2022US$1.2tUS$206.2bUS$24.4b48.3x
Wed, 15 Dec 2021US$1.3tUS$206.2bUS$24.5b48x
Fri, 12 Nov 2021US$1.3tUS$205.7bUS$23.7b52.3x
Sun, 10 Oct 2021US$1.5tUS$226.1bUS$27.9b47x
Tue, 07 Sep 2021US$1.6tUS$226.0bUS$27.7b49.1x
Thu, 05 Aug 2021US$1.5tUS$225.9bUS$27.9b50.3x
Sun, 09 May 2021US$1.4tUS$210.1bUS$22.8b59.4x
Wed, 10 Feb 2021US$1.3tUS$197.1bUS$18.9b50.5x
Tue, 03 Nov 2020US$1.2tUS$190.0bUS$20.5b43.3x
Fri, 07 Aug 2020US$1.1tUS$186.3bUS$20.5b52.7x
Thu, 30 Apr 2020US$967.7bUS$188.2bUS$23.4b43.8x
Sun, 02 Feb 2020US$1.0tUS$191.7bUS$24.7b44.7x
Wed, 06 Nov 2019US$991.2bUS$187.2bUS$19.4b41.7x
Sat, 10 Aug 2019US$981.2bUS$182.0bUS$18.3b47.2x
Median PE Ratio

40.2x


Total Market Cap: US$847.7bTotal Earnings: US$18.4bTotal Revenue: US$178.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Medical Equipment Industry Median PE3Y Average 47.5x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 47.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have grown 8.2% per year over the last three years.
  • Revenues for these companies have grown 6.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Medical Equipment compare with similar industries?

US Market5.92%
Healthcare1.80%
Medical Equipment2.85%
Medical Equipment2.71%
Medical Supplies4.47%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ABT Abbott LaboratoriesUS$116.693.0%
+US$6.0b
0.03%PS26.6x
EW Edwards LifesciencesUS$101.127.2%
+US$4.2b
5.4%PS40.9x
ISRG Intuitive SurgicalUS$229.164.6%
+US$3.6b
-18.4%PS50x
BSX Boston ScientificUS$41.205.0%
+US$2.8b
-3.2%PS77.9x
PODD InsuletUS$235.2118.4%
+US$2.5b
-12.8%PS365.7x
Simply Wall Stâ„¢
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

MDT

US$99.08

Medtronic

7D

-3.4%

1Y

-21.7%

PODD

US$235.21

Insulet

7D

18.4%

1Y

-12.8%

DXCM

US$289.08

DexCom

7D

-10.0%

1Y

-21.7%

HOLX

US$77.46

Hologic

7D

-0.4%

1Y

22.8%

ATRC

US$42.08

AtriCure

7D

-3.6%

1Y

-43.7%

NVRO

US$43.37

Nevro

7D

-3.0%

1Y

-71.2%