NEW YORK ( Stockpickr) -- It doesn't take a lot of vision to predict that the medical device industry will see a lot of acquisitions in 2012. After all, it happens every year.
The industry's biggest players, such as Medtronic (MDT), Boston Scientific (BSX) and Roche Holdings, struggle to find ways to organically boost revenue. So they do the next best thing: Buy their way into growth. These deal-makers typically seek to bring in more products for their sales forces to pitch to customers, or they look to expand their technological knowhow by incorporating other firm's products and R&D efforts into their own.
Case in point: Roche Holdings recent efforts to acquire Illumina (ILMN). Roche wants to quickly establish a strong presence in the field of DNA analysis, and Illumina, the industry leader, provides just such an entry into the space.Here are five other medical device firms that could hold great appeal for the industry's larger players.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts