J&J's MedTech Unit Sales Improve in Q2: Will the Upside Continue?

Key Takeaways Johnson & Johnson's (JNJ) medical devices segment, known as MedTech, offers products in the orthopedics, surgery, cardiovascular and vision markets. The MedTech segment accounts for around 36% of J&J's total revenues. J&J's MedTech unit faces strong competition from several major players in the medical device industry like Medtronic (MDT) , Abbott, Stryker (SYK) and Boston Scientific (BSX) . While Medtronic has a strong presence in cardiovascular, neuroscience and surgical technologies, Stryke ...