JNJ · 10-Q · 2026Q2 · Full report

MedTech Product And Procedure Trends

JOHNSON & JOHNSON · 2026-07-23 · Importance 49 · Surprise 32 · In source text

MedTech achieved 4.5% sales growth in the second quarter of 2026, including 3.6% operational growth, with international sales up 5.2% and U.S. sales up 3.9%. Electrophysiology benefited from procedure growth, commercial execution, and new products including VARIPULSE, TRUPULSE, NUVISION, and CRYSTAL, but faced competitive pressure in pulsed-field-ablation catheters and China inventory dynamics. Abiomed declined on lower U.S. procedure volumes, partly offset by international growth and continued Impella 5.5 adoption, while Shockwave grew on adoption of its Coronary and Peripheral portfolios and new launches. Surgery, Vision, and Orthopaedics benefited from new product launches, technology penetration, and demand for products such as ACUVUE OASYS 1-Day, ATTUNE, and VELYS, but China volume-based procurement, U.S. competition, and inventory dynamics constrained growth.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativeprobableGeneric competition for OPSUMIT entered the U.S. market late in the second quarter of 2026, which will likely result in a reduction in…