The following is from 2016. What are the fastest growing markets...

The following is from 2016.


What are the fastest growing markets in medical device that have scale?" queried J&J Worldwide Chairman of Medical Devices and EVP Gary Pruden. "These are markets that are growing 10% and above.
So, the ones that are growing 10% and above, with scale, that are key. So, one is EP [electrophysiology], the other one by the way is robotics, the other one is neurovascular, the other one by the way is Endocutters, and the last one is in structural heart."
"So, we're in three of the four already, we're going to make an entry in the fourth one--we're just not in structural heart right now," he summed up.
Pruden went on to detail the market need in heart failure and atrial fibrillation. He also spent some time discussing structural heart interventions such as aortic and mitral valve technologies, which are focused largely on transcatheter applications."When we're talking about structural heart, aortic is one.
But actually the big, large untapped need is mitral right, which is right now, it's a horse race. On the aortic side, it's probably duopoly right now, and probably that's the way it'll play out in the foreseeable future.
But the other one is a wide-open race," he said.