In deriving these US Medical Appliances & Equipment Corps, I first started with the very helpful Yahoo Finance Website Medical Appliances & Equipment Industry.
The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 25 largest US Medical Appliances & Equipment Companies had their average stock prices drop by a massive 44% from December 31, 2007 during President Bush's second Presidential term, and very early in President Obama's first term, or on March 6, 2009, which was these US Medical Appliances & Equipment Companies' very lowest point due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 25 largest US Medical Appliances & Equipment Corps have increased by an impressive 276% through January 17, 2014.
Clearly, the investors in and employees of these 25 US largest US Medical Appliances & Equipment Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown. Also, this industry is a major beneficiary of the Affordable Care Act.
Below here are the market prices of each of these 25 largest US Medical Appliances & Equipment Companies on January 17, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 17, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Medical Appliances&Equipment Co | HQs | 1-17-14 | 3-6-09 | 12-31-07 | 1-17-14 | 3-6-09 | |
Opko Health | Miami | FL | 8.72 | 0.80 | 2.85 | 990% | -72% |
Align Technology | San Jose | CS | 63.95 | 6.41 | 16.68 | 898% | -62% |
Spectranetics | Colorado Springs | CO | 24.91 | 2.70 | 15.33 | 823% | -82% |
Sirona Dental Systems | Long Island City | NY | 70.48 | 11.59 | 33.48 | 508% | -65% |
ABIOMED | Danvers | MA | 27.76 | 4.99 | 15.54 | 456% | -68% |
Cyberonics | Houston | TX | 68.77 | 14.77 | 13.16 | 366% | 12% |
Intuitive Surgical | Sunnyvale | CA | 430.14 | 95.89 | 323.00 | 349% | -70% |
CONMED | Utica | NY | 43.52 | 11.69 | 23.11 | 272% | -49% |
Mine Safety Appliances | Cranberry Township | PA | 53.59 | 16.55 | 51.87 | 224% | -68% |
Varian Medical Systems | Palo Alto | CA | 82.40 | 27.73 | 52.16 | 197% | -47% |
Zimmer Holdings | Warsaw | IN | 95.93 | 32.66 | 66.15 | 194% | -51% |
Wright Medical Group | Arlington | TN | 31.85 | 12.15 | 29.17 | 162% | -58% |
ResMed | San Diego | CA | 45.63 | 17.77 | 26.27 | 157% | -32% |
Edwards Lifesciences | Irvine | CA | 68.54 | 27.45 | 23.00 | 150% | 19% |
Stryker | Kalamazoo | MI | 78.20 | 32.01 | 74.72 | 144% | -57% |
Steris | Mentor | OH | 49.40 | 20.61 | 28.84 | 140% | -29% |
Medtronic | Minneapolis | MN | 59.51 | 24.92 | 50.27 | 139% | -50% |
Greatbatch | Frisco | TX | 44.50 | 18.66 | 19.99 | 138% | -7% |
Hologic | Bedford | MA | 22.58 | 9.70 | 34.32 | 133% | -72% |
Boston Scientific | Natick | MA | 13.51 | 6.33 | 11.63 | 113% | -46% |
Allscripts Healthcare Solution | Chicago | IL | 16.69 | 7.93 | 19.42 | 110% | -59% |
St Jude | Saint Paul | MN | 65.90 | 32.37 | 40.64 | 104% | -20% |
Volcano | San Diego | CA | 21.00 | 13.16 | 12.51 | 60% | 5% |
NuVasive | San Diego | CA | 36.71 | 26.57 | 39.52 | 38% | -33% |
Masimo | Irvine | CA | 31.15 | 24.08 | 39.45 | 29% | -39% |
Average % Change all 25 | 276% | -44% |