MedTech industry: Falling margins worldwide hit German companies hard
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Average profit margins of German MedTech companies fall from 17% in the first half of 2022 to 14% in the first half of 2023
North American MedTechs maintain their profitability lead
The most profitable segments are lab and diagnostics solutions (26%) and surgical instruments (22%)
Munich, November 2023: The MedTech industry saw profitability slide in 2022 and 2023 as energy,