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Have you ever thought of the top 50 medical device companies? Which medical equipment manufacturers are providing the best services and how can they help you in leveraging their benefits?
For the last few years, the medical device industry has gone through a digital transformation and is evolving with each passing day.
This article will give you a list of medical device companies in 2023 from all across the world and solve your queries about
- Most trusted best medical device companies across the globe
- Revenues collected by Medical device company in 2021
- Employee-size of the respective medical device company
- Total R&D spent by medical device companies in 2021
- Top Medical equipment manufacturers based on Market Cap
How did we shortlist the top 50 medical device companies?
Based on the annual reports released by Publicly traded medical device companies at the end of their Fiscal years, which contain the reports on financial data, Market-Cap, Revenue cap, and annual profits, we compiled the medical device company list 2023.
What is Market-Cap?
Market cap refers to the value of a company’s shares of stock. And there are different categories of market cap.
All the Medical equipment Companies are classified based on these Market –Cap ranges as follows:
- Micro-Cap-Medical device companies: $50 million – $300 million.
- Small-Cap-Medical device companies: $300 million – $2 billion
- Mid-Cap-Medical device companies: $2 billion – $10 billion.
- Large-Cap-Medical device companies: $10 billion – $200 billion.
- Mega-Cap-Medical device companies : > $200 billion.
Top 50 Medical Device Companies – TakeAway
- Find out the smallest to largest publicly traded medical device companies in which you might want to invest or build a new partnership to scale up your business
- In discovering the market share and cash flow of top medical device companies that are required for business prospects.
- This report would help in accessing the latest technologies used by the medical device industry to transform healthcare services.
- It will enable you to choose the right and strategic partner to scale up your business process.
- You can discover the biggest market players in the medical device industry and how their innovations and strategies are making an impact.
- With this research, you can review the company’s profile, and get product information, financial data, and annual reports.
- By using this research, you can get the company’s profile, market cap, revenue cap, and website information at one glance. This will eventually benefit you in deciding which company is best suited for your business prospects.
Let’s move forward to our list of the best medical device companies.
Top 50 Medical Device Companies in 2024
Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson is a multinational pharmaceutical company that is headquartered in New Brunswick, New Jersey.
The company was founded in 1886 and develops medical devices, pharmaceuticals, and consumer-packaged goods.
The Johnson & Johnson brand includes some household names of medication and first aid supplies such as Band-aid, Tylenol, and Johnson’s baby products.
This company comes as the top biotech firm in the world with its largest market cap.
The corporation consists of 250 subsidiary companies operating in 60 countries and selling products in over 175 countries, having more than 132000 employees sizes.
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $82.06B USD | $368.91B USD | 132,200 | $11.4B USD |
Novartis AG (NYSE: NVS)
Novartis is one of the biggest pharmaceutical companies that designs, manufactures, and sells medical devices across a wide range of applications.
It is a Swiss multinational pharmaceutical company headquartered in Basel, Switzerland.
By revenue, this company is the third-largest Swiss company and has the largest market cap size and sales with an employee size of 103941.
The company aims to provide excellent eye care products for cataracts, refractive surgery, and glaucoma. Among all its applications, it is best known for its Alcon Vision.
Website: https://www.novartis.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $49.49B USD | $199.09B USD | 103,941 | $8.1B USD |
Abbott Laboratories (NYSE: ABT)
Abbott Laboratories, founded in 1888, manufactures well-known medical devices, diagnostics, and nutritional products. It is a multinational healthcare corporation headquartered in Illinois, United States.
At present, the company is doing business in more than 150 countries all across the world.
Besides, this massive firm operates in seven industrial divisions-Abbott molecular diagnostics, Abbott Point of Care, Abbott diabetes care, established pharmaceutical division, Abbott vascular care, Diagnostic Division, and Abbott nutrition international.
Website: https://www.abbott.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $30.6B USD | $143.91B USD | 103,000 | $2.3B USD |
Medtronic PLC (NYSE: MDT)
Medtronic PLC is an American Irish medical device company with headquarters in Dublin, Ireland. But it also has operational and executive headquarters in Fridley, Minnesota in the US.
This company operates in more than 140 countries, having an employee size of over 101000 people.
Medtronic is one of the largest publicly traded medical equipment companies that provide excellent patient care and monitoring devices of all kinds.
These are medical devices for cardiovascular, general surgical equipment, diabetic and neurological accessories.
Website: https://www.medtronic.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $30.56B USD | $137.53B USD | 101,000 | $2.33B USD |
Baxter International (NYSE: BAX)
Baxter International is a multinational American company with headquarters in Deerfield, Illinois. Besides, the company operates in North America, Africa, the Middle East, Asia Pacific & Europe.
The company aims to provide dialysis therapies and services such as peritoneal & hemodialysis.
Furthermore, the company also provides organ support therapies such as IV therapies, infusion pumps, sterile IV solutions, drug reconstitution devices, and intensive care unit services.
Website: https://www.baxter.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $11.1B USD | $129B USD | 50,000 | $655M USD |
Danaher Corporation (NYSE: DHR)
Danaher Corporation is a multi-industry medical equipment manufacturer that manufactures, markets, and provides professional services in medical, industrial, and commercial products.
The company has its headquarters in Washington, D.C., and has an employee size of 71000. Danaher is also ranked 161st on the Fortune 500 medical device list.
The company operates in four main areas-life sciences, diagnostics, environmental, dental & applied solutions.
Website: https://www.danaher.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $19.89B USD | $104.92B USD | 71,000 | $1.23B USD |
General Electric (NYSE: GE)
General Electric is a multinational American company that has its headquarters in Boston, U.S. In 2020, this company was ranked the 33rd largest firm among the Fortune 500 rankings.
And the company is operating through multiple segments such as aviation, healthcare, digital energy, and venture capitalizing.
But the company has expertise in industry-leading innovations like medical imaging & informational technologies, patient monitoring, and manufacturing technologies.
Website: https://www.ge.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $95.21B USD | $97.98B USD | 205,000 | $4.16B USD |
3M Company (NYSE: MMM)
3M is another multinational American company that manufactures medical devices, food safety tasting products, and health monitoring systems.
The company has many innovative healthcare brands such as Peltor, Petrifilm, FUTURO, Clarity, and many more.
The company has its headquarters in Minnesota, U.S. and it has an employee size of over 93510.
Website: https://www.3m.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $32.8B USD | $87.99B USD | 93,516 | $1.8B USD |
Siemens Healthineers (NYSE: SHL)
Siemen healthcare is the parent company of multiple medical technology companies and its headquarters are in Erlangen, Germany.
Founded by Ernst Werner von Siemens, this company has 170 years of experience and it has provided excellent health service to more than 65000 patients all around the world.
The company enables healthcare providers to provide precision medicine and enhance the patient experience by digitizing healthcare.
Website: https://www.corporate.siemens-healthineers.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| EUR 14.5B | €1.32B EUR | 52,000 | $87.87B USD |
Stryker Corporation (NYSE: SYK)
Based in Kalamazoo, Michigan, Stryker corporation is an American medical company that manufactures medical devices for several medical specialties.
The company manufactures a range of implant products such as trauma surgeries, joint replacement, surgical equipment, neurovascular and spine medical devices, emergency medical devices, and many more.
Stryker Corporation sells its products in over 100 countries and has an employee size of 36000.
Website: https://www.stryker.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $13.6B USD | $73.87B USD | 36,000 | $856M USD |
Becton Dickinson and companies (NYSE: BDX)
Becton Dickinson and Company, or BD, was founded in 1897 and is headquartered in Franklin Lake, New Jersey. The core aim of the company is to produce and sell medical devices, instrument systems, and reagents.
BD provides its service in more than 50 countries, having over 70000 employees all across the world.
At present, BD is providing its services in three segments, such as BD medical devices, BD Life sciences, and BD interventional.
Website: https://www.bd.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $17.3B USD | $66.52B USD | 70,093 | $1.06B USD |
Intuitive Surgical Inc. (NYSE: ISRG)
Intuitive Surgical Inc is an American multinational company that manufactures and sells robotic products to improve clinical outcomes.
It is one of the largest producers of minimally invasive robotics-assisted producer surgery.
Besides, the company’s DaVinci surgical system enables surgeons to operate in a minimally invasive way through small incisions.
The DaVinci surgical system is embedded with a magnified 3D HD vision system with instruments that can be bent and rotated as per the requirement manually.
Website: https://www.intuitive.com/en-us/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $3.08B USD | $64.84B USD | 5,527 | $418 USD |
Allergan PLC (NYSE: AGN)
Allergan PLC is an American-Irish pharmaceutical company that has its headquarters in Dublin, Ireland.
This company manufactures and develops several brand-name drugs and medical devices in the area of eye care, central nervous system, and gastroenterology.
Allergan is an industry leader in open science and its exemplary R & D model defines its approach to bringing the required innovations for better patient care.
Website: https://www.allergan.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $15.78B USD | $63.77B USD | 16,900 | $2.22B USD |
Hoya Corporation (TYO: 7741)
Hoya Corporation is a Japanese company that is one of the Forbes Global 2000 leading companies.
This company has expertise in manufacturing a wide range of eye care and optical devices with wavefront technologies such as contact lenses, eyeglass lenses, photomasks, and photomask blanks.
Hoya corporation has its headquarters in Japan and it has an employee size of over 34300.
Website: https://www.hoya.co.jp/english/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| ¥565.81B JPY | ¥3.49TO JPY | 34000 | ¥28B JPY |
Boston Scientific Corporation (NYSE: BSX)
Boston Scientific Corporation is a medical device manufacturing company based in Massachusetts, U.S., and has an employee size of over 31000.
This is a medical equipment manufacturer that is used in interventional cardiology, interventional radiology, neuromodulation, cardiac surgery, vascular surgery, endoscopy, oncology, gynecology, and urology.
Website: https://www.bostonscientific.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $9.82B USD | $55.53B USD | 32,000 | $1.13B USD |
Edward Lifesciences Corporation
Founded in 1958, Edward Lifescience corporation is an American medical technology company in California, U.S.
The company has a specialization in artificial heart valves and hemodynamic monitoring.
And this company is globally engaging with patients to bring more innovative medical devices for structural heart disease and clinical monitoring.
Furthermore, the company operates in a variety of markets, including surgical valve technologies, clinical care, and transcatheter heart valves.
Website: https://www.edwards.com/gb
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $3.8B USD | $44.54M USD | 13,000 | $646M USD |
Koninklijke Philips N.V. (AEX: PHIA)
Koninklijke Philips is a multinational conglomerate company founded in 1997 and has its headquarters in Amsterdam.
This company is the largest producer of diagnostic imaging, image-guided therapy, patient monitoring, and health informatics.
It also provides excellent healthcare and patient care service by leveraging the benefits of technology and customer insights.
And the company serves in more than 100 countries with an employee size of more than 84000.
From prevention to diagnosis and healthcare, the company’s main aim is to provide better clinical outcomes and services.
Website: https://www.philips.com/global
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| €19.5B EUR | €38.63B EUR | 80,495 | €1.88B EUR |
Draegerwerk AG & CO KGAA (ETRL: DRW3)
Draegerwerk AG is a German company founded in 1889 and has its headquarters in Lubeck, Germany.
The company specializes in the production of breathing and safety equipment, gas detection and analysis systems, and patient monitoring medical devices.
It has a large customer base from several hospitals, fire departments, and diving companies. The company provides its services in 50 countries and provides excellent services.
Website: https://www.draeger.com/en_in/Home
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| €2.59B EUR | €30.16B EUR | 1,417 | €780.75 |
Coloplast A/S (CPH: COLO-B)
Coloplast is a multinational Danish company that was founded in 1957 and has its headquarters in Denmark.
The company has expertise in manufacturing, selling, and marketing the product by targeting the patients of special and private diseases.
Furthermore, Coloplast offers services in four key operational areas: ostomy care, urology care, continence care, and wound care. Along with this, it also manufactures products for wound care and skin care as well.
The company is also ranked 33rd in Forbes magazine as the most innovative company.
Website: https://www.coloplast.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $17.93B DKK | $29.29b DKK | 11,821 | $692M DKK |
Zimmer Biomet Holdings (NYSE: ZBH)
Zimmer Biomet is a public trade medical device company founded in 1927 and has its headquarters in Indiana, U.S. At present, the company is operating in more than 40 countries and growing fast with each passing year.
The company’s core aim is to manufacture and sell orthopedic accessories such as knee, hip, and ankle artificial joints, and prosthetic dental devices.
Website: https://www.zimmerbiomet.in/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $7.93B USD | $28,74B USD | 19,000 | $388M USD |
Fresenius Medical Care AG & Co. KGAA (NYSE: FMS)
Fresenius medical care is a German company that provides its services through a network of more than 3800+ dialysis centers and serving 345096 patients. The company primarily deals with end-stage renal diseases.
However, it is currently providing its services in material training and patient support services, including follow-up assistance and clinical monitoring.
Furthermore, the company also has a 38% market share of the dialysis market in the United States.
Website: https://fmcna.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| €16.54B EUR | €25.67B EUR | 112,658 | €134M EUR |
Olympus Corporation (TYO: 7733)
Olympus Corporation is a Japanese manufacturing company that was founded in 1919 and has its headquarters in Tokyo, Japan.
This company started with the manufacturing of thermometers and microscopes. But with the evolving technologies, it has started producing optics and reprography products.
And now the company is generating most of its revenues through medical device manufacturing.
Website: https://www.olympus-global.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| ¥793.9 B JPY | $25.18B USD | 35,124 | ¥84.57B JPY |
Terumo Corporation (TYO: 4543)
Terumo Corporation is a Japanese company that was founded in 1921 by a group of scientists and Dr. Kitasato to produce thermometers.
The company initially started with thermometer production and later expanded into medical device manufacturing.
And now Terumo is producing medical disposables, cardiovascular systems, and diabetes care products.
Terumo’s excellent service adds new value to several healthcare issues, including the demand for minimally invasive technology, reduced medical error, and improved patient care.
And the company operates in more than 60 countries.
Website: https://www.terumomedical.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| ¥587.8B JPY | $25.09B USD | 23,319 | ¥41.34M JPY |
Resmed Inc. (NYSE: RMD)
Resmed is a medical device company based in California.
The company was founded in 1989 and it primarily specializes in cloud-connectable medical devices for sleep apnea, chronic obstructive pulmonary disease, and other respiratory conditions.
It is now also manufacturing ventilators and bilevel devices to treat respiratory systems.
Furthermore, the company operates in more than 140 countries.
Website: https://www.resmed.co.in/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.6B USD | $24.4B USD | 7,240 | $180.6M USD |
Smith & Nephew PLC (NYSE: SNN)
Based in Watford, England, Smith & Nephew company is a multinational medical equipment manufacturer founded in 1856.
The company is the largest producer of manufacturing wound management products, trauma & clinical therapy products, arthroscopy products, and orthopedic reconstruction products.
At present, the company is operating in more than 140 countries and is also listed on the London Stock Exchange’s FTSE 100 index.
Website: https://www.smith-nephew.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $4.9B USD | $20.21B USD | 16,000 | $246M USD |
Align Technology (NASDAQ:ALGN)
Align technology is an orthodontic device manufacturing company based in California, U.S.
This is the first company that has started the production of the invisible orthodontic market with the introduction of Invisalign in 2001.
Besides, Align technology is one of the largest manufacturers of the 3D digital scanner, clear aligners, and Invisalign.
It has treated more than 9 million patients and its manufacturing aligners in many countries such as Juarez, Mexico, China, and Israel.
Website: https://www.aligntech.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $1.9B USD | $18.13B USD | 11,660 | $128.9M USD |
The Cooper Companies Inc. (NYSE: COO)
The Cooper Companies Inc is a publicly traded medical device company and has its headquarters in California, U.S.
Moreover, the company was founded in 1958 and it has expertise in manufacturing medical devices, fertility, and genomic products for women’s health care.
The company has an employee size of more than 12000 and consists of two business units: Cooper vision and Cooper surgical.
Cooper Vision manufactures contact lenses, and optical accessories and designs products that solve optical vision like ocular dryness, fatigue, and astigmatism.
And Cooper Surgical manufactures medical devices and advances the healthcare system by providing a portfolio of products.
Website: https://www.coopercos.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.5B USD | $16.49B USD | 12,000 | $75M USD |
Teleflex Inc(NYSE: TFX)
Teleflex is an American healthcare provider of medical devices in a wide range of procedures such as clinical care and surgery.
At present, the company is operating through six segments: Anesthesia North America, Vascular North America, Surgical North America, Middle East, Africa, Europe, Asia, and original medical device manufacturing and development services.
The company is operating in more than 40 countries and has an employee size of more than 12000.
Website: http://www.teleflex.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.44B USD | $16.39B USD | 15,200 | $106.2 USD |
Cardinal Health Inc. (NYSE: CAH)
Cardinal Health is a multinational American company based in Ohio, the U.S. Apart from this it also has its headquarters in Dublin, Ireland. It is one 14th highest revenue-generating companies in the United States.
The company has expertise in the distribution of pharmaceuticals, medical devices, surgical products & apparel, and fluid management products.
Cardinal Health Inc provides medical devices to over 75% of hospitals in the United States. Also, it is serving in more than 100000 locations with an employee size of 49000+.
In addition, this company also supports inventory management, data reporting, new product launch support, and administration services to pharmaceuticals.
Website: https://www.cardinalhealth.com/en.html
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $145.5B USD | $15.76B USD | 49,500 | None |
Straumann Holding AG (STMN: SW)
Straumann Holding offers a wide range of services and solutions for both conventional treatments and digital workflows. The company was founded in 1954 and has its headquarters in Basel, Switzerland.
It has approximately 7600 employees all around the world and it is providing its services in more than 100 countries with a network of distributors and subsidiaries.
Straumann holding has specialization in conducting research and development & supplies dental implants, biomaterial, CAD CAM prosthetics, clear aligners, and preventative industry.
Website: https://www.straumann.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| 1.59B CHF | 15.09B | 7,590 | one |
Steris PLC (NYSE: STE)
The Steris PLC is an American-Irish company founded in 1958 and has its headquarters in Ohio, U.S. The company has a specialization in manufacturing surgical and sterilization products for healthcare providers.
Also, the company has an employee size of more than 12000 people.
Moreover, the company operates through four segments and these are healthcare products, healthcare specialty services, Life sciences, and applied sterilization technologies.
Website: https://www.steris.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.78B USD | $13.86B USD | 12,000 | $63.03M USD |
Hologic Inc (NASDAQ: HOLX)
Hologic is a medical technology company that was founded in 1985 and based in Massachusetts, U.S. The company’s main focus is providing the best women’s healthcare all around the world.
It develops, manufactures, and is a service provider in medical devices, surgical products, and medical imaging systems.
Also, the company is providing its services through four segments: Diagnostic, Breast Health, Skeletal health, and GYN surgical.
Website: https://www.hologic.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $3.12B USD | $12.85B USD | 6,252 | $218.7M USD |
Waters Corporation
Waters Corporation holds a leading position worldwide in providing complementary analytical technologies.
It is a publicly traded analytical laboratory and software company based in the United States.
Also, the company has specialized in designing, manufacturing, and providing services in liquid chromatography, high-performance liquid chromatography (HPLC), chromatography, and chemistry products, thermal analysis, and rheometry instruments.
Website: https://www.waters.com/nextgen/us/en.html
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $21.4B USD | $12.6B USD | 7,200 | $143M USD |
West Pharmaceuticals Services INC (NYSE: WST)
West Pharmaceuticals Inc is a company founded in 1923 and has its headquarters in Pennsylvania, U.S.
Also, the company produces viable containment solutions, refillable systems, self-injection platforms, cartridge systems & components, intradermal delivery solutions, and contract manufacturing & analytical services.
Website: https://www.westpharma.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $1.72B USD | $11.55B USD | 7,700 | $14.3M USD |
Varian Medical Systems Inc. (NYSE: VAR)
Varian Medical System is an American radiation oncology treatment based in California and founded in 1948.
Also, this company designs and manufactures medical devices for treating cancer, and other medical conditions such as radiotherapy, radiosurgery, proton therapy, and brachytherapy medical devices.
In addition, the company also offers several therapies such as Varian particle therapy. It also manufactures the system for treating cancer by using proton beams.
Website: https://www.varian.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.16B USD | $11.47M USD | 10,062 | $246M USD |
Dentsply Sirona Inc(NASDAQ: XRAY)
Dentsply Sirona is an American company founded in 1969 and has its headquarters in New York City.
The company has specialization in designing, manufacturing, and providing services in dental and oral health products.
It has an employee size of more than 16000 and is operating in more than 140 countries.
The company operates through two segments: medical technology and dental & healthcare consumables.
In addition, the medical device products manufactured by the company are being used in surgical and urological applications.
Website: https://www.dentsplysirona.com/en-in
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $3.98B USD | $11.04B USD | 16,400 | $160.5M USD |
Masimo Corporation (NASDAQ: MASI)
Masimo is a global medical device company that designs, manufactures, and sells a variety of noninvasive hospital automation solutions, patient monitoring technologies, and ventilation solutions.
But the company’s core specialization is pulse oximetry, brain functioning monitoring, capnography, nasal high flow respiratory therapy, activity tracking, and neuromodulation technology for the reduction of symptoms associated with the disease.
Also, the company was founded in 1989 and has its headquarters in California, U.S.
Website: https://www.masimo.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $858M USD | $9.5B USD | 1,500 | $76.9M USD |
Sartorius Stedim Biotech S.A. (ETR: SRT)
It is German-based medical care of laboratory and process technologies and equipment. Also, the company operates through two segments such as bioprocess solutions, lab products & services.
The bioprocess solutions include the focus on the production of segments of filtration, fluid management, fermentation & purification processes of the biopharmaceutical industry.
And lab products & services focus on the production of lab instruments like weighing, liquid handling, microbiology, and centrifuges.
Website: https://www.sartorius.com/en
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| €1.93B EUR | €6.87B EUR | 9,016 | €95.6M EUR |
Fisher &Paykel Healthcare Corporation Limited (NZE: FPH)
Fisher & Paykel healthcare corporation is a publicly-traded company founded in 1934 and has its headquarters in New Zealand.
Also, the company is operating in more than 120 countries worldwide.
It designs, manufactures, and markets the products and systems that are used in respiratory care, acute care, and the treatment of obstructive sleep apnea. In addition, the company is also offering services in hardware and consumables.
Some of its quality medical devices include respirator humidifiers, breathing circuits, reusable chambers, and breathing circuits.
Website: https://www.fphcare.com/in/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $1.07B NZD | $15.28B NZD | 4,500 | $42.8M NZD |
Cochlear Limited (ASX: COH)
Cochlear is an Australian company founded in Sydney, Australia in 1981. The company is operating in almost 100 countries all around the world having an employee size of 4000 people.
This is one of the medical equipment companies that designs, manufactures, and markets the Nucleus Cochlear plants, the hybrid acoustic plants, and the Baha bone conduction implant.
Also, the company is operating through three segments: EMEA, Asia? Pacific and Americans.
Website: https://www.cochlear.com/in/en/home
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $1.24B AUD | $12B AUD | 4,000 | $184.4M AUD |
Abiomed Inc (NASDAQ: BAMD)
Abiomed is a publicly-traded medical device company that has its headquarters in Massachusetts, and also has three additional offices two in Germany and one in Tokyo.
The company has specialization in manufacturing and marketing internal & external implantable circulatory support medical devices.
Also, the main focus of the company is leveraging the benefits of technology and bringing groundbreaking solutions in enhancing patient clinical outcomes with the main emphasis on cardiac health issues.
Website: https://www.abiomed.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $769M USD | $6.99B USD | 1,350 | $94M USD |
Asahi Intecc Co. LTD. (TYO: 7747)
Asahi Intecc is a Japanese company that is expertise in manufacturing ultrafine stainless steel ropes for catheter treatment.
Also, the company was founded in 1976 and has its headquarters in Nagoya, and has six branches worldwide.
In addition, the company also produces medical devices for cardiovascular treatments.
Website: http://www.asahi-intecc.co.jp/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| ¥50.12B JPY | ¥734.13B JPY | 7810 | ¥12.3B JPY |
Hill- ROM Holdings Inc. (NYSE: HRC)
Hill ROM Holdings Inc is a medical equipment manufacturer based in Chicago, the U.S. founded in 1969. Also, the company partners with healthcare providers and provides the best healthcare solutions.
It operated through five core segments: wound care protection, patient monitoring & diagnostics, surgical safety and efficiency, respiratory health, and advanced mobility solutions.
Website: https://www.hillrom.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $2.91B USD | $6.74B USD | 10,000 | $139.5M USD |
Amplifon SPA (BIT: AMP)
Amplifon SpA is an Italian-British company founded in 1950 and has its headquarters in Milan, Italy. During World war II the company started producing medical devices for people who experienced hearing issues.
Since then it has been designing personalized herding aid medical devices. Along with this, it offers a range of medical devices such as invisible hearing amplifiers, tiny electronic instruments, that address a small to a wide range of hearing issues.
In addition, the company also has a strategic partnership with the following brands: Miracle-Ear, Beter Horne, and Dialogue.
Website: https://www.amplifon.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| €1.37B EUR | €5.46B EUR | 16,000 | None |
Haemonetics Corporation (NYSE: HAE)
Incorporated in 1971, Haemonetic Corporation is a global provider of blood and plasma supplies and services.
Also, the company is operating its services in Japan, EMEA, North America Plasma, and others.
The company has specialization in provisioning plasma collection software & systems and enabling plasma fractionators to make pharmaceuticals.
In addition, it also has medical devices for measuring hemostasis that bring out better clinical outcomes in managing critical bleeding cases.
Website: https://www.haemonetics.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $967M USD | $5.56B USD | 3,216 | $35.7M USD |
Shandong Weigao Group Medical Polymer Company LTD. (HKG: 1066)
Shandong Weigao group medical is a Hongkong company that firstly engaged in research & development and the sale of single-use medical devices.
Some of the best medical products include infusion sets, syringes, blood transfusion sets, and blood bags.
Also, the company operated through three segments: Orthopedic products, Single-use medical devices, and blood purification products.
Website: http://en.weigaogroup.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| ¥8.8B CNY | $5.02B USD | 9,562 | ¥311.6M CNY |
Insulet Corporation (NASDAQ: PODD)
Incorporated in 2000, Insulet Corporation is a global company headquartered in Massachusetts, U.S.
The company has specialization in designing, manufacturing, and marketing medical devices such as Omnipod Management systems for people with insulin-dependent diabetes.
By using the Omnipod Management system helps patients to get rid of a separate glucose meter, and also provides virtually pain-free cannula insertion.
Website: http://www.insulet.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $738M USD | $10.85B USD | 1350 | $129.7M USD |
Globus Medical Inc. (NYSE: GMED)
Globus Medical Inc is an American medical equipment company based in Pennsylvania.
Also, the company has specialization in manufacturing, designing, and marketing medical devices for patients suffering from musculoskeletal disorders.
In addition, it is also offering its service in producing orthopedic implants including spine, artificial joints, and trauma.
And this company is providing groundbreaking solutions to enhance patient care and clinical outcomes.
Website: https://www.globusmedical.com/
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| $785.4B USD | $4.7B USD | 1,800 | $64M USD |
Getinge AB (CPH: GETI-B)
Getinge AB is a global medical service provider company founded in 1904 and has its headquarters in Sweden.
Also, the company is one of the leading healthcare providers that work for enhancing the patient experience and clinical outcomes.
The company has its operation in equipment and systems in life sciences and healthcare.
In addition, the company has an employee size of more than 10500 people.
Website: https://www.getinge.com
| Revenue Generated | Market Cap | Employee Size | R & D Cost |
| 24.2B SEK | $4.68B USD | 10,515 | 1.25B SEK |
Tandem Diabetes Care Inc (NASDAQ: TNDM)
Tandem Diabetes Care is an American medical equipment manufacturer that was founded in 2006 and has its headquarters in California, U.S.
The company has expertise in designing, manufacturing, and selling medical devices for people experiencing insulin-dependent diabetes.
At present, the company is producing and marketing more than three insulin pump products which include Insulin t: slim Insulin delivery system, t: flex Insulin delivery system, and t: slim G4 Insulin delivery system
Frequently Asked Questions On Medical Devices
Who is the No 1 medical device company in the world?
The top medical device company in the world is Medtronic.
Founded in 1949, Medtronic has been at the forefront of developing innovative technologies that improve patient outcomes and quality of life.
With a presence in over 150 countries, they have a diverse portfolio of products ranging from cardiac devices to surgical instruments.
What is the largest medical device company in the US?
The largest medical device company in the US is Medtronic, Inc. Founded in 1949 and headquartered in Dublin, Ireland, Medtronic produces a wide range of medical devices that are used to treat various diseases and conditions such as heart disease, diabetes, spinal disorders, and chronic pain.
With over 90,000 employees worldwide and operations in more than 150 countries, Medtronic has become a leader in the healthcare industry with an annual revenue of approximately $30 billion.
