Medical Devices and Technology

Medtech companies face significant challenges, old and new. BCG uses deep industry knowledge, proprietary tools, and customized solutions to turn these challenges into opportunities.

Even before the COVID-19 pandemic, companies in every sector of the medical devices and technology industry grappled with the quickening pace of innovation, slowing product pipelines, changing sales models, increased competition—and newer challenges stemming from the increasing presence of digital in every aspect of the business.

But the flip side of challenge is opportunity, and the opportunities in this high-growth, high-margin industry are many. They include using advancements in medical technology to improve health care delivery and embracing digital to improve operations. Our medical technology consulting experts help clients assess their priorities and strengths and then move decisively to optimize operations, marketing and sales, R&D innovation, and other parts of the business.

How We Help the MedTech Industry

Corporate Strategy and M&A

Digital and Analytics

Operational Excellence

Commercial Operations Optimization

People and Organization

R&D Innovation

Our Client Work in the Medical Devices and Technology Industry

Why Ottobock Leads with “Social” in ESG: An Interview with CEO Philipp Schulte-Noelle

A global leader in prostheses, Ottobock set out to also become the ESG leader in its field. The key: measuring the socioeconomic benefit of its products.


Our Tools and Solutions for the Medtech Industry

Our medical technology consulting practice blends its expertise in medtech strategies with a set of proprietary tools, including comparative benchmarks, databases, and other knowledge assets. Some highlights:

Our Insights on the Medtech Industry

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Medtech’s Path to a Circular Future

Most environmental waste generated by the health care sector comes from medtech products. For a sector focused on improving quality of life, reducing waste and greenhouse gases is imperative.

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Making Medtech More Equitable

By developing products for a broader base of patients and markets, medtech companies can improve health outcomes, generate business advantages, and contribute to healthier societies overall.

Meet Our Medical Device Consulting Experts

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