The global medical industry experienced a 34% drop in company filings mentions of future of work in Q1 2024 compared with the previous quarter, with the highest share accounted for by Idexx Laboratories with 80% year-on-year increase, according to GlobalData’s analysis of over 276 medical company filings. GlobalData’s Medical Devices: Filings Trends & Signals Q1 2024 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.

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Notably, future of work was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of cyber insurance and regenerative medicine, according to GlobalData.

Of the top leading companies in the medical industry, Idexx Laboratories had the greatest increase in references for future of work in Q1 2024, compared with the previous quarter. GlobalData identified 18 future of work-related sentences in the company's filings - 0.9% of all sentences - and an increase of 80% in Q1 2024 compared with Q1 2023. Revvity’s mentions of future of work rose by 1000% to 11 and Baxter International’s by 44% to 9 and Straumann’s by 25% to 9 and Intuitive Surgical’s by 100% to 8.

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 future of work in Q1 2024 was 94.

For further understanding of GlobalData's Medical Devices: Filings Trends & Signals Q1 2024, buy the report here.

This content was updated on 24 April 2024

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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.