Global Fixed Income
Medical Technology Industry Well Positioned Post-COVID
May 08 2023Key Insights
- Many businesses in the health care sector can consistently grow revenue and earnings, even in challenging macroeconomic environments.
- The medical technology, or medtech, industry is one area of health care that we believe is particularly well positioned for the near term.
- We prefer health care firms with high recurring revenues from consumables and services as opposed to those that are reliant on sales of capital equipment.
Important Information
This material is provided for informational purposes only and is not intended to be investment advice or a recommendation to take any particular investment action.
The views contained herein are those of the authors as of April 2023 and are subject to change without notice; these views may differ from those of other T. Rowe Price associates.
This information is not intended to reflect a current or past recommendation concerning investments, investment strategies, or account types, advice of any kind, or a solicitation of an offer to buy or sell any securities or investment services. The opinions and commentary provided do not take into account the investment objectives or financial situation of any particular investor or class of investor. Please consider your own circumstances before making an investment decision.
Information contained herein is based upon sources we consider to be reliable; we do not, however, guarantee its accuracy. Actual future outcomes may differ materially from any estimates or forward-looking statements provided.
Past performance is not a reliable indicator of future performance. All investments are subject to market risk, including the possible loss of principal. All charts and tables are shown for illustrative purposes only.
Health Sciences firms are often dependent on government funding and regulation and are vulnerable to product liability lawsuits and competition from low-cost generic products.
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