1. The medical device sector, an attractive and profitable…

Question Answered step-by-step 1. The medical device sector, an attractive and profitable… 1. The medical device sector, an attractive and profitable business, has grown and matured to become a large and established part of the healthcare industry. The broad set of products encompassed by this category span all physician specialties, touch every __________________________________ medical procedure. They range from the simplest surgical staples and sutures to complex electronic implantable devices that essentially perform the role of an electrophysiologist, monitoring heart function, and delivering intelligent electrical therapy. This industry experienced ____________________________________________________ with life-saving and life-improving tools, implants and equipment that have changed the very practice of medicine. It has been the golden age of medical products.2. Companies were rewarded mightily for products that unleash value within the clinic by ___________________________________procedural costs. These products conveyed benefits that were “built in” at the factory and later realized in the clinical setting during medical-surgical procedures that were heavily labor and resource intensive. These benefits were realized by _____________________________________________________________, in the case of implanted products, enjoyed those benefits throughout their lives. Medical devices might have been considered a cottage industry as recently as a few decades ago, but after experiencing consistent growth at mid-to-high single-digit rates it has reached $330 billion in worldwide revenues in 2017. 3. A central theme for today’s medical device sector leaders is the pervasive challenge in ________________________________________________ that delivered consistent growth and profitability for years. In the process of finding and establishing new products and categories of growth drivers and on larger bases of revenue and profit at that – there is an inherent tension in also maintaining a focus on managing bottom-line profitability. 4. Healthcare entrepreneurs and companies pursue innovation as a means to _____________________________________________________________system. But developing novel technology concepts into products and procedures that are validated clinically, approved by regulators, and distributed commercially takes significant amounts of time and capital – and the risks involved at each step of the process imply that not every dollar or hour spent will translate successfully into a valuable commercial product. 5. Expectations of future __________________________________________________________________nto the future, the more investors will pay to own the equity of that company today. This can be most clearly seen in a review of six example public medical device company valuations in which we compare the historical trend in their price to earnings ratios to their annual growth rates over the last ___________years 6. Perhaps equally compelling are instances where new innovative products _____________________________________________________________________________ can generate new revenue streams directly but also can pull through sales of highly profitable legacy products. These types of opportunities can be highly accretive for a commercial business relatively early into the launch of the new technology in the market because the multiple revenue drivers can accumulate quickly. 7. ________________ appears likely to undertake a more logistics-based approach which could begin with commoditized goods being processed throughout their enormous shipping/logistics network. Although Amazon has less familiarity with group purchasing organizations (GPOs) and certain payer net-works, we’ve already seen some indication of an interest in selling commoditized, nonregulated goods such as hospital gowns. 8. ____________________________ seems intent on utilizing their own products as medical devices while also incorporating their developed customer base for data-driven insights. The Apple Watch serves as an excellent example of a consumer device that also has the potential to function as a medical device. The watch’s built-in heart rate monitor has been utilized to track users’ heart rates throughout the day and has more recently been programmed to take note of certain algorithmic-based events – i.e., ____________________________________________________, certain notifications appear depending on that users’ historical data. 9. ________________ (Google) appears to be attempting to chase broader goals (aging and longevity) via its Verily unit, while also pursuing high-tech medical devices – contact lens-based glucose testing, as well as other joint ventures – with Johnson& Johnson and Dexcom. Each strategy is unique and represents a bold step outside of its tech-focused strengths. While each announcement sounds exciting, we are awaiting any real tangible advancement. 10. Taking a company public and listing its shares on a stock exchange in an _____________________________________ presents one opportunity for shareholders to get liquidity for their shares and sell them publicly. In an IPO, a company raises new capital from institutional public market investors and, ideally, at a valuation that exceeds valuations accorded to illiquid private companies. As a financing event, the IPO provides growth capital to the company and its shareholders with an opportunity to sell shares on a public exchange in the future.11. In the medical technology sector,_____________ has accounted for the vast majority of exits for founders and investors. There can be multiple possible motivations for a company to acquire an innovative medical technology company, including the desire to expand into a ___________________________________________________________________________________________________________________________ to enhance profitability, and competitive positioning in the market. Health Science Science Nursing Share QuestionEmailCopy link Comments (0)