New products and strategic execution buoyed mid and small-cap medtechs, while safety worries took down one former high-flier.
Intuitive Surgical makes the most money per employee – but the title of “most improved” goes to Philips.
Investor excitement about smaller medtechs’ technology is unchecked, but these groups will have to deliver on their promises.
Big cap medtech is hiring, largely thanks to organic growth.
Smaller medtechs saw impressive share price growth in 2018, but not quite as good as the year before.
Many small groups are up thanks to takeover speculation, and this may end up being self-defeating.