The global medical industry experienced a 74% drop in company filings mentions of COVID-19 in Q4 2023 compared with the previous quarter, with the highest share accounted for by Hologic with 52% year-on-year decrease, according to GlobalData’s analysis of over 371 medical company filings. GlobalData’s Medical Devices: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Medical Devices: Filings Trends & Signals Q4 2023

Buy the Report

Premium Insights

The gold standard of business intelligence.

Find out more

Notably, COVID-19 was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of internet of things and environment, according to GlobalData.

Of the top leading companies in the medical industry, Hologic had the greatest increase in references for COVID-19 in Q4 2023, compared with the previous quarter. GlobalData identified 51 COVID-19-related sentences in the company's filings - 2% of all sentences - and a decrease of 52% in Q4 2023 compared with Q4 2022. Danaher’s mentions of COVID-19 dropped by 47% to 46 and Becton Dickinson and Co’s by 40% to 45 and Laboratory Corp of America Holdings’s by 53% to 36 and Revvity’s by 42% to 35.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for COVID-19 in Q4 2023 was 118.

For further understanding of GlobalData's Medical Devices: Filings Trends & Signals Q4 2023, buy the report here.

This content was updated on 8 January 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.