1. SWOT Analysis
  2. Healthcare
  3. Boston Scientific SWOT Analysis

Boston Scientific SWOT Analysis

Here is a detailed SWOT analysis of Boston Scientific covering strengths, weaknesses, opportunities and threats.

Published by MBA Skool Team in Pharma and Healthcare category Last Updated: May 25, 2023Read time:

Boston Scientific Strengths

  1. Well known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries
  2. Strong top management reflected by increased share prices when the new CEO stepped in
  3. Acquisition of Guidant gives the company immense depth in heart devices market
  4. Product marketing done in 100 countries through its direct sales force – which is very active in 40 countries
  5. Strong brand equity with loyal customers

Above are the strengths in the SWOT Analysis of Boston Scientific. The strengths of Boston Scientific looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Boston Scientific Weaknesses

  1. Competitive nature of the industry with immense focus on technological advancements and research capabilities
  2. Negative publicity due to involvement in controversy regarding illegal payment to US Army doctor to use their devices

These were the weaknesses in the Boston Scientific SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Boston Scientific Opportunities

  1. Acquisitions of competitors similar to Guidant in 2006
  2. Spinoffs from parent company like Navilyst Medical
  3. Geographical expansion to growth markets

Above we covered the opportunities in Boston Scientific SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Boston Scientific Threats

  1. FDA rulings and government interventions in healthcare industry
  2. Acorss product portfolio, company has to deal with multiple competitors
  3. Loss of investor confidence resulting in lesser market capitalization

The threats in the SWOT Analysis of Boston Scientific are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the Boston Scientific SWOT analysis.

Read Similar SWOT analysis

About Boston Scientific

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Boston Scientific Overview
Parent Company

Boston Scientific Corporation

Category

Healthcare

Sector

Pharma and Healthcare

Tagline/ Slogan

Advancing science for life

USP

A team with the passion, drive, and confidence to believe our innovative medical solutions can transform lives and improve the health of patients around the world.

Boston Scientific STP
Segmentation

Global developer and marketer of interventional medical devices

Target Market

Devices used in cardiac rhythm management, cardiac and vascular surgery, electrophysiology, tumor reduction, cancer treatments, hearing reduction; and pain management

Positioning

We are a leading innovator of medical solutions that improve the health of patients around the world.


This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Browse marketing analysis of more brands and companies similar to Boston Scientific. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.

Continue Reading:


The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way.
Edit the brand or add a new one to SWOT Analysis section : Contribute

Share this Page on:
Facebook ShareTweetShare on Linkedin