LivaNova PLC - Ordinary Shares (LIVN)
Competitors to LivaNova PLC - Ordinary Shares (LIVN)
Abbott Laboratories ABT +0.97%
Abbott Laboratories competes with LivaNova primarily in the cardiovascular diagnostics and device markets, offering products such as stents, heart monitors, and other vascular devices. Abbott's diverse portfolio and strong capabilities in drug-device combinations provide it with a competitive edge. The company's size allows for considerable investment in R&D, leading to innovative product developments that can overshadow LivaNova's specialized offerings. Despite LivaNova's focus on niche markets, Abbott's overall market presence and resource capabilities position it as a leading competitor.
Boston Scientific Corporation BSX +1.55%
Boston Scientific and LivaNova compete in the cardiovascular device market among other therapeutic areas. Both companies focus on developing minimally invasive solutions to improve patient outcomes. Boston Scientific has a broader array of products and established relationships with healthcare providers, which enables it to leverage its extensive sales force effectively. While LivaNova emphasizes innovative technologies in heart surgery and neuromodulation, Boston Scientific's larger market footprint and greater financial strength provide a substantial competitive advantage.
Johnson & Johnson (Ethicon) JNJ +0.74%
Johnson & Johnson, through its Ethicon division, competes with LivaNova in the surgical products market and related therapeutic areas. Ethicon's vast product range and established brand reputation allow it to dominate the surgical marketplace, making it a formidable competitor for LivaNova. J&J leverages its comprehensive supply chain and global reach, which helps to maintain its competitive edge. While LivaNova has carved out a niche with specific innovative offerings in heart valve and neuromodulation therapies, J&J's extensive portfolio and resources provide a significant advantage.
Medtronic PLC MDT +1.01%
Medtronic and LivaNova both operate in the medical device sector, focusing on a variety of therapeutic areas including cardiovascular, neurological, and surgical devices. Medtronic, being one of the largest medical device companies globally, has a more diverse product portfolio and extensive distribution network, which allows it to establish a strong market presence. LivaNova specializes in areas such as cardiopulmonary and neuromodulation, where it has established a reputation for innovation. However, Medtronic's scale and resources give it a competitive edge over LivaNova in terms of research and development capabilities and market reach.