Receive our newsletter – data, insights and analysis delivered to you
COVID-19 impact on Medical
The COVID-19 outbreak has now spread around the world, leaving a trail of destruction in its wake. The pandemic has already changed how we work and how we live our lives. Many of these changes will have long-term implications. Companies in every sector, including Medical, will need to adopt new technologies and new ways of working as they adapt to these new realities.
Proof Diagnostics has submitted an application seeking emergency use authorization (EUA) for its point-of-care (POC) Covid-19 test, Proof Lab Test System, from the US Food and Drug Administration (FDA). The Covid‑19 molecular diagnostic test is...
Australia’s Therapeutic Goods Administration (TGA) has granted approval for South Korean molecular diagnostics (MDx) company...
Deal trends in the Medical sector during COVID-19
Medical Device Network’s COVID-19 deal tracker monitors deals that took place across the Medical sector during the pandemic.
Deals trends in the Medical sector: Q1 2020 – Q1 2022
Total Value US$m: 33,103.9
YOY Change: -17.2%
4,120 Venture Financing
Total Value US$m: 67,334.6
YOY Change: 25.9%
2,294 Equity Offering
Total Value US$m: 204,195.7
YOY Change: -10.5%
Total Value US$m: 4,205.6
YOY Change: -
Total Value US$m: 337,685.8
YOY Change: -35.5%
564 Private Equity
Total Value US$m: 130,404.7
YOY Change: 77.4%
549 Debt Offering
Total Value US$m: 290,145.3
YOY Change: -55.0%
216 Asset Transaction
Total Value US$m: 15,038.8
YOY Change: 74.8%
Total Value US$m: 34,566.1
YOY Change: -57.9%
40 Licensing Agreement
Total Value US$m: 2,251.2
YOY Change: 91.6%
Innovation in the Medical sector during COVID-19
To best track innovation in response to COVID-19’s impact on the Medical sector, Medical Device Network tracks the patent applications, as well as the patent applicants throughout the COVID-19 pandemic.
Number of patents in the Medical sector: Q1 2018 – Q1 2022
The COVID-19 patents tracker in the Medical sector monitors the patent applications pre- and post-outbreak.
Note: Application counts are based on publications. Patent applications which are
not published yet are not considered for analysis. Publication may take up to 18
months from the application of patents.
Top Patent Applicants in the Medical sector: Pre-COVID-19 (Filing Year 2018 – 2019)
Medical Device Network patent ownership data monitors the patent applicants in the sector before the COVID-19 outbreak.
Top Patent Applicants in the Medical sector: Post-COVID-19 (Filing Year 2020 – Q1 2022)
Medical Device Network patent ownership data monitors the patent applicants in the sector after the COVID-19 outbreak.
Note: Application counts are based on publications. Patent applications which are not
published yet are not considered for analysis. Publication may take up to 18 months from
the application of patents.
Number of COVID-19 mentions in filings in the Medical sector: Q1 2020 – Q1 2022
Medical Device Network tracks thousands of companies and their annual and quarterly filings. Our analysis monitors the mentions of COVID-19 in those filings during the pandemic.
COVID-19 Versus Top 5 Themes in Medical
Medical Device Network compares COVID-19 mentions in filings versus other top themes in filings data during the pandemic.
Top 10 Companies with COVID-19 Mentions in Filings
Medical Device Network tracks, which medical companies mention COVID-19 in filings most during the pandemic.
Jobs insights in the Medical sector during COVID-19
Medical Device Network monitors live medical company jobs postings to assess the impact of COVID-19 on the sector.
Job Trends in Medical Sector
Jobs postings by medical companies after the outbreak. The COVID-19 jobs tracker in the Medical sector looks at jobs posted, closed and active to assess the impact of the pandemic on sector jobs.
Most active Medical companies: Jobs
Medical Device Network’s Medical jobs tracker lists Medical companies with the most jobs posted during the COVID-19 period.
Medical influencer discussions on COVID-19
Medical Device Network tracks the mentions of COVID-19 by leading Medical influencers on Twitter. The chart indicates the volume of tweets and influencers pertaining to COVID-19.