Search results
Key to health tech are connected medical devices. The connected medical device market was valued at $28.24 billion in 2020 and is expected to reach $94.32 billion by 2026. Abbott's strong fourth quarter sales with its FreeStyle Libre systems (36% organic growth compared to 2020), and its other connected health devices — including those for ...
Jul 10, 2023 · Sustainability |Jul.10, 2023. At Abbott, sustainability starts with our purpose — helping people lead fuller lives through better health. That's how Abbott can make the biggest impact on people's lives and deliver sustainable, responsible business growth in the years to come. Our 2022 Global Sustainability Report highlights the meaningful ...
EPORT 2022SUMMARY REPORTWELCOMESustainability is about operating respon. ibly to deliver long-term impact. At Abbott, we’re strengthening the resilience of our company so we can continue to shape the future of healthcare — to help more pe. ple live better, healthier lives.In this report summary, we detail our progress against the goal.
- Diversification Is Key
- Major Tailwinds
- Think Long Term
A diversified business makes a company less reliant on a single segment, which can help during tough times. Even if one of its units faces headwinds, it can rely on other segments to pick up the slack. Abbott is an excellent example. The company operates four segments: nutrition, diagnostics, established pharmaceuticals (in which it sells generic p...
The healthcare industryis on what looks like an unstoppable upward trend. While there will always be a relatively high demand for various health-related products, the world's aging population will only increase this demand in the coming decades. According to some estimates, those 65 and older will represent nearly 25% of the U.S. population by 2060...
There are other reasons to consider purchasing shares of Abbott. The company's product portfolio has scores of patents that help keep competitors at bay, and it has a well-established reputation and deep connections in the industry. Last but not least, it is a Dividend King, which makes it an excellent option for income-seeking investors. At its cu...
Abbott leaders discuss ways data-enabled devices and analysis of the information created can improve care for people with chronic conditions.
Feb 2, 2022 · For more than 130 years, Abbott's purpose has remained clear: We help people live fuller lives through better health. That's why health is at the core of how we think about sustainable growth and is central to our 2030 Sustainability Plan – and how we're going to extend the reach of innovation in the years ahead.
People also ask
How can Abbott help create the future of healthcare?
What makes Abbott a sustainable company?
Does Abbott have a sustainability policy?
Does Abbott have a strong connected medical device market?
What is Abbott's 2022 Global Sustainability Report?
Is Abbott a health tech company?
Sep 12, 2024 · The company's Access and Affordability Design Principles, which have been integrated across Abbott's businesses since 2022, help identify opportunities to expand the reach of Abbott's life ...
