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MDT - Edwards Lifesciences Shows Surprising Resilience And TAVR Remains A Growth Market
Medtronic plc.
Edwards Lifesciences (EW) has been a growth star in the med-tech space for a while now, and with good reason, as the company’s leading transcatheter aortic valve replacement (or TAVR) offerings have driven double-digit growth for more than a decade, even with some bumps along the way. Making that growth all the more impressive is that it has come despite serious competition from companies like Medtronic (MDT), Boston Scientific (BSX), and Abbott (ABT) (to varying extents).
There has been a persistent debate as to the sustainability of