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PwC named a Leader in the IDC MarketScape: Worldwide Medical Devices Data-Driven Transformation 2025
January 15, 2025
PwC has been named as a Leader in the IDC MarketScape: Worldwide Medical Devices Data-Driven Transformation Consulting Services 2024–2025 Vendor Assessment (November 2024, IDC #US50679423).
According to the report, ‘PwC brings together a wide range of consulting expertise, aligning deep industry knowledge with advanced technology capabilities to support medical device organizations' data-driven transformation initiatives.’
Commenting on PwC’s strengths, the report states, ‘Customers value PwC's deep knowledge and understanding of challenges across the medical device value chain. By leveraging its expertise across diverse subsegments and functional areas, PwC's multidisciplinary teams — comprising strategists, dealmakers, operators, technologists, and tax consultants — along with robust tools and methodologies help medical device organizations meet their data-driven transformation needs, adapt to market trends, and accelerate growth.’
The report goes on to say, ‘PwC's global presence and deep industry expertise, along with a network of strategic alliances with a diverse set of partners, enables it to serve a wide range of medical device organizations worldwide. With dedicated service delivery centers and industry experts across multiple regions, PwC boasts an extensive customer base in the industry. PwC is also well positioned to offer competitive pricing for smaller organizations.’
“The medtech industry is at a critical juncture. The healthcare ecosystem is transforming in the face of increasing cost pressures, empowered consumers, new care settings and disruptive technologies. In response, medtech companies, like other healthcare companies, are reinventing their business models — seeking to compete differently in existing markets and unlock opportunities in new markets. I am delighted to see the IDC MarketScape recognize PwC as a Leader in the transformation of medical device businesses. We believe this is a testament to the outstanding work our people across the world do with our clients in this sector every day.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of vendors can be meaningfully compared. The framework also provides buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective.
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Rob Donnelly
Global Analyst & Advisor Relations Leader, PwC United States
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