McKinsey February 18, 2025
Leading medtech companies are embarking on bold transformations and evolving their operating models to unlock sustainable growth and create efficiencies.
The medtech sector continues to face challenges in achieving profitable growth, causing some companies to embark on bold transformations to unlock value. Value creation and potential efficiencies are difficult to capture because they are often deeply interconnected across functions, requiring an evolved operating model and cross-functional collaboration to unlock. Executing a successful transformation in medtech can catalyze change by helping companies refocus on sustainable growth, reigniting a cycle of efficiency improvement and driving stronger performance overall.
Continuing challenges with growth and margin expansion in medtech
As discussed in Medtech Pulse: Thriving in the next decade, the medtech sector has struggled...
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