Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through two segments, MedSurg and Cardiovascular. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions, such as resolution clips, biliary stent systems, stents and electrocautery enhanced delivery systems, direct visualization systems, digital catheters, and single-use duodenoscopes; devices to treat urological conditions, including ureteral stents, catheters, baskets, guidewires, sheaths, balloons, single-use digital flexible ureteroscopes, holmium laser systems, artificial urinary sphincter, laser system, fiber, and hydrogel systems; and devices to treat neurological movement disorders and manage chronic pain, such as spinal cord stimulator system, proprietary programming software, radiofrequency generator, indirect decompression systems, practice optimization tools, and deep brain stimulation system. It also provides technologies for diagnosing and treating coronary artery disease and aortic valve conditions; WATCHMAN FLX, a Left Atrial Appendage Closure Device; and implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities, such as cardioverter and cardiac resynchronization therapy defibrillators, MRI S-ICD systems, cardiac resynchronization therapy pacemakers, quadripolar LV leads, ICD leads, pacing leads, remote patient management systems, insertable cardiac monitor systems, and remote cardiac monitoring systems. In addition, the company offers diagnosis and treatment of rate and rhythm disorders of the heart; peripheral arterial and venous diseases; and products to diagnose, treat and ease forms of cancer. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.
Market Dominance | Boston Scientific's robust 18% organic sales growth and market outperformance underscore its position as a MedTech industry leade |
Innovation Pipeline | Explore the potential of Watchman FLX and Farapulse PFA to drive significant market expansion and revenue growth in cardiovascular care |
Strategic Acquisitions | Delve into the impact of the Axonics acquisition on Boston Scientific's revenue growth rates and long-term market positioning |
Future Trajectory | Analyst price targets range from $83 to $116, reflecting optimism about Boston Scientific's continued growth and market leadership |
Metrics to compare | BSX | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipBSXPeersSector | |
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P/E Ratio | 83.9x | −3.2x | −0.7x | |
PEG Ratio | 4.98 | −0.12 | 0.00 | |
Price/Book | 7.5x | 4.5x | 2.6x | |
Price / LTM Sales | 9.3x | 5.1x | 3.1x | |
Upside (Analyst Target) | 12.0% | 44.5% | 49.4% | |
Fair Value Upside | Unlock | −5.3% | 8.9% | Unlock |