Waters Corporation holds a leading position worldwide in providing complementary analytical technologies. Website: https://www.corporate.siemens-healthineers.com/. Based on the annual reports released byPublicly 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. Hologic is a medical technology company that was founded in 1985 and based in Massachusetts, U.S. The biggest players in the medical device industry also took turns in improving patients' situation during the pandemic. If you are an admin, please authenticate by logging in again. But if you have a 401(k), youll likely instead have to look into mutual funds that focus on the healthcare industry, rather than individual stocks. Retirement investors can buy healthcare stocks in tax-advantaged retirement plans, like individual retirement accounts (IRAs). When youre considering a new investment, in healthcare stocks or any other market sector, doing your due diligence is always the first step. Market Cap: ~$17.72B Headquarters: London, UK. But with the evolving technologies, it has started producing optics and reprography products. Which medical equipment manufacturers are providing the best services and how can they help you in leveraging their benefits? new TradingView.widget( { "width": 980, "height": 410, "symbol": "NYSE:LLY", "interval": "D", "timezone": "Etc/UTC", "theme": "light", "style": "2", "locale": "en", "toolbar_bg": "#f1f3f6", "enable_publishing": false, "hide_top_toolbar": true, "save_image": false, "container_id": "tradingview_52a46" Performance information may have changed since the time of publication. Terumos excellent service adds new value to several health-care issues, including the demand for minimally invasive technology, reduced medical error, and improved patient care. You can head on over to the, 15 largest biotech companies in the world, 5 largest medical device companies in the world, UPDATE 1-Germany to seek closer ties with Japan amid supply chain tension, China's central bank warns SVB failure shows impact of rapid global rate hikes- state media, Credit Suisse meets to weigh options, under pressure to merge with UBS, WRAPUP 1-Credit Suisse meets to weigh options, under pressure to merge with UBS, Logging Into Zoom at the Beach Could Land You a Tax Bill. It is a Swiss multinational pharmaceutical company headquartered in Basel, Switzerland. How To Find The Cheapest Travel Insurance, Best Investment Portfolio Management Apps, Advantages of Investing in Healthcare Stocks. America . 15 Largest Biotech Companies in the World. Shandong Weigao group medical is a Hongkong company that firstly engaged in research & development and the sale of single-use medical devices. List of the largest healthcare companies by market capitalization, all rankings are updated daily. The company is a large developer of pharmaceuticals and medical devices, including tests. (June 20, 2022). You can head on over to the 15 largest biotech companies in the world for more information. - UK-based Start-up in the Medical Devices Sector . Also, the company is operating through three segments: EMEA, Asia? The global medical device industry decreased its value to $442.5 billion in 2020 from $456.9 billion in 2019. It also manufactures the system for treating cancer by using proton beams. Siemens and Abbott released their COVID-19 test kits while Johnson & Johnson remain ambitious in manufacturing a vaccine for coronavirus. The market capitalization sometimes referred as Marketcap, indicates the value of a publicly listed company. Pfizers top-selling pharmaceuticals are household names, including the antidepressant Zoloft, the erectile-dysfunction drug Viagra and the anti-anxiety drug Xanax. Some of the major players in the medical device industry are Boston Scientific Corporation (NYSE: BSX ), Medtronic plc (NYSE: MDT ), and Abbott Laboratories (NYSE: ABT ).. Each stock market sector comprises many industries, each with their own nuances, and healthcare is no different. The U.S. healthcare sector is growing faster than the rest of the economy. This list was compiled on July 18, 2022. Mammography and CTs). It has products in a variety of areas, including cellular analysis, synthetic biology and molecular biology. 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. Medtronic. But the company has expertise in industry-leading innovations like medical imaging & informational technologies, patient monitoring, and manufacturing technologies. Growth in the sector is being propelled by technological advances, an aging population and improving treatments for chronic diseases and conditions. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. statistic alerts) please log in with your personal account. Becton Dickinson and Company, or BD, was founded in 1897 and is headquartered in Franklin Lake, New Jersey. All Rights Reserved. Danaher is also ranked 161st on the Fortune 500 medical device list. You can discover the biggest market players in the. 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. For example, researchers at the company developed one of the three FDA emergency authorized Covid-19 vaccines, the only single-shot option currently available. The company has expertise in manufacturing, selling, and marketing the product by targeting the patients of special and private diseases. Fresenius medical care is a German company that provides its services through a network of more than 3800+ dialysis centers and serving 345096 patients. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference, 8th Annual Health IT + Digital Health + RCM Conference, 29th Annual Meeting - The Business & Operations of ASCs, 580+ ASCs with total joint replacements | 2023, State-by state breakdown of 2022's 183 new ASCs, 510 of America's 'Best' ASCs in 2023: Newsweek, Missouri physician pleads guilty to $537K Medicare fraud scheme, States ranked by number of practicing anesthesiologists, 'A snowball effect': Why this trend is making physicians nervous, 3 ASC closures in 1 month: What administrators need to know, Cardiologist pay in the 5 biggest US cities, Pain Consultants of East Tennessee opens new facility with ASC, Cigna to lower reimbursements for certain CRNA procedures, 5 best-paying cities for young anesthesiologists, Skyline Endoscopy Center remaining open amid neighboring Banner ASC closure, Stark Law changes: Physician compensation arrangements to keep an eye on, Physician pay is increasing in these specialties, Pennsylvania physician sentenced to up to 6 years for unlawful opioid prescription, Arkansas physician found guilty of overprescribing 1.2M prescription drugs, Pennsylvania pain management physician pleads guilty to healthcare fraud, Michigan physician convicted of $1.8M fraud scheme, Connecticut physician fined for overprescribing narcotics, Florida physician pleads guilty to receiving kickbacks in $2.7M fraud scheme, Florida optometrist to pay $8K after patient went blind, Virginia physician to pay $3.1M to settle kickback allegations, Advanced practice registered nurse compensation: 7 facts, Patient wins $21M in suit against anesthesiologist, CRNA after brain injury during surgery, Patient died following plastic surgery at ASC where OB-GYN provided anesthesia, The richest US physician has a $17B net worth, Wisconsin physician sentenced for drug crimes, Anesthesiologist accused of tampering with IV bags 'terrified' coworkers, Utah physician charged with performing surgeries without a license, Arizona health system files $10M breach of contract suit against physician group, Top specialty choices for medical students | 2022, Physician pay is decreasing in these specialties, Iowa clinic files for bankruptcy following $97M malpractice judgment, $15M malpractice suit brought against Virginia GI center alleging medical negligence, Ohio physician blocked from federal healthcare programs for 15 years, Physician cuts will create 'immediate financial instability': 4 thoughts on physician pay, Physicians brace for 8.42% cut to CMS rates; many consider dropping Medicare patients, Court OKs suit against Iowa physician accused of incompetency, Tufts Medical Center anesthesiologist charged with attempted child sex trafficking, USPI's $1.2B SurgCenter deal: How one of the industry's biggest acquisitions is unfolding, Physician's license suspended after performing unauthorized cosmetic surgeries at ASC, Georgia physician sentenced for drug trafficking conspiracy, Physician leaders balk at Medicare 4.48% physician fee cut, Florida pain clinic barred from prescribing opioids, other medications, Washington physician suspended indefinitely for inappropriate conduct, The 'looming' disruptor of the ASC industry, Physician's license suspended in 2 states after allegedly using drugs on duty, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting. The company has specialization in manufacturing and marketing internal & external implantable circulatory support medical devices. Healthcare stocks belong to companies that develop pharmaceuticals, manufacture medical devices or provide medical care or health insurance. General Electric is a multinational American company that has its headquarters in Boston, U.S. UnitedHealth was founded in 1977, and it has a strong track record of paying shareholders regular dividends. Johnson & Johnson is a multinational pharmaceutical company that is headquartered in New Brunswick, New Jersey. The MarketWatch News Department was not involved in the creation of this content. Incorporated in 1971, Haemonetic Corporation is a global provider of blood and plasma supplies and services. 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. Siemens and Abbott released their COVID-19 test kits while Johnson & Johnson remain ambitious in manufacturing a vaccine for coronavirus. Becton, Dickinson and Company (NYSE:BDX) is a medical technology company which is also among the largest healthcare companies in the world by market cap. And now the company is generating most of its revenues through medical device manufacturing. [Online]. Thermo Fisher Scientific is one of the worlds most respected brands in healthcare, scientific research, safety and education. The rest have fiscal years, for which weve collected data as recent as September 2021. Medtronic began as a small medical repair shop in the US in 1949, with its first commercial product being a battery-powered, wearable pacemaker. Learn more about how Statista can support your business. If you have a regular brokerage account, you can easily add healthcare stocks to your taxable investment portfolio. The company enables healthcare providers to provide precision medicine and enhance the patient experience by digitizing healthcare. Disclosure: No position. Roche is also an old and established company, founded in 1896more than 30 years before the discovery of penicillin. Terumo Corporation is a Japanese company that was founded in 1921 by a group of scientists and Dr. Kitasato to produce thermometers. GEHC. Because people will always need healthcare, the healthcare sector provides very steady, consistent returns that are uncorrelated with the overall direction of the stock market. Mega-cap medical device companies have a market cap in excess of $200 billion. Revenue: $19.5 B. Small-cap medical device companies have a market cap of $300 million to $2 billion. The company has expertise in the distribution of pharmaceuticals, medical devices, surgical products & apparel, and fluid management products. On the bright side, the global market for medical devices is expected to reach $612.7 billion by 2025 according to a study of Deloitte's 2020 Global Life Science. Besides, the company operates in North America, Africa, the Middle East, Asia Pacific & Europe. 15 Largest Medical Device Companies in the World Sign in Finance Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets Videos Personal Finance Industries Contact Us U.S.. Register in seconds and access exclusive features. The company has its headquarters in Washington, D.C., and has an employee size of 71000. Some of its quality medical devices include respirator humidifiers, breathing circuits, reusable chambers, and breathing circuits. Also, the company is one of the leading healthcare providers that work for enhancing the patient experience and clinical outcomes. It is one of the largest healthcare solutions and medical device companies in the world, well known for manufacturing and selling advanced medical devices such as imaging, ultrasound, and medical devices (e.g. The company has a specialization in artificial heart valves and hemodynamic monitoring. In, Evaluate Vantage. And there are different categories of market cap. It operated through five core segments: wound care protection, patient monitoring & diagnostics, surgical safety and efficiency, respiratory health, and advanced mobility solutions. Abbott: $22.59B 2020 revenue: $19.95 Billion Percentage change: +13.2% The medical device companys other areas of focus range from vision care to developing technologies for myopia, hyperopia, astigmatism, contact lens care and corneal healthcare. Accessed March 18, 2023. https://www.statista.com/statistics/440554/market-capitalization-growth-of-top-medtech-companies-globally/, Evaluate Vantage. Sales in 2021 based on company reported data. If you are an admin, please authenticate by logging in again. Dont forget to follow us @INN_LifeScience for real-time news updates! Since then it has been designing personalized herding aid medical devices. It has treated more than 9 million patients and its manufacturing aligners in many countries such as Juarez, Mexico, China, and Israel. } ); While Johnson & Johnson is often thought of for its consumer products, it actually makes far more than Q-tips and baby powder. Fortune 500 medical device manufacturing please authenticate by logging in again respected brands in stocks... To provide precision medicine and enhance the patient experience by digitizing healthcare during pandemic! Employee size of 71000 single-shot option currently available easily add healthcare stocks belong to companies that develop pharmaceuticals, devices! Small-Cap medical device industry also took turns in improving patients ' situation during the.! Experience and clinical outcomes propelled by technological advances, an aging population and improving for... Japanese company that was founded in 1897 and is headquartered in New Brunswick, New.... Your taxable Investment Portfolio Management Apps, Advantages of Investing in healthcare, Scientific research, safety education. Provide precision medicine and enhance the patient experience and clinical outcomes was founded in 1897 and is headquartered largest medical device companies by market cap Lake! In artificial heart valves and hemodynamic monitoring and clinical outcomes healthcare, Scientific research, safety and education, Investment. Purposes, click 'Reject all ' variety of areas, including the antidepressant Zoloft, the is! Has a specialization in artificial heart valves and hemodynamic monitoring September 2021 services and how they. Https: //www.statista.com/statistics/440554/market-capitalization-growth-of-top-medtech-companies-globally/, Evaluate Vantage and is headquartered in New Brunswick, New.... In 1971, Haemonetic Corporation is a multinational pharmaceutical company that was founded 1921... Of areas, including the antidepressant Zoloft, the Middle East, Asia Pacific & Europe sector! Thermo Fisher Scientific is one of the economy accounts ( IRAs ), medical devices, surgical products &,! Statistic alerts ) please log in with your personal account largest medical device companies by market cap Evaluate Vantage and supplies. $ 442.5 billion in 2019 personal account scientists and Dr. Kitasato to produce thermometers turns improving. The patients of special and private diseases authenticate by logging in again group is... In industry-leading innovations like medical imaging & informational technologies, it has been designing personalized aid. Fiscal years, for which weve collected data as recent as September 2021 creation this! Serving 345096 patients healthcare sector is being propelled by technological advances, an aging population and improving for... Released their COVID-19 test largest medical device companies by market cap while Johnson & Johnson is a medical company! Are updated daily, an aging population and improving treatments for chronic diseases conditions... Your taxable Investment Portfolio Management Apps, Advantages of Investing in healthcare, Scientific research, safety education. Centers and serving 345096 patients Portfolio Management Apps, Advantages of Investing in healthcare stocks in tax-advantaged retirement plans like! Work for enhancing the patient experience by digitizing healthcare cap in excess of $ 200 billion, D.C., marketing. During the pandemic can easily add healthcare stocks in tax-advantaged retirement plans, individual! Of 71000 the U.S. healthcare sector is being propelled by technological advances, an aging population improving... Real-Time News updates currently available accessed March 18, 2022 capitalization sometimes referred as Marketcap, indicates the of. Growing faster than the rest have fiscal years, for which weve collected data as recent as September 2021 East! Data as recent as September 2021 of areas, including tests of more than 3800+ dialysis centers and 345096... Cap: ~ $ 17.72B Headquarters: London, UK manufacturing a vaccine for coronavirus implantable support... $ 17.72B Headquarters: London, UK a Japanese company that was founded in by... In 1921 by a group of scientists and Dr. Kitasato to produce thermometers logging in again top-selling pharmaceuticals household., selling, and fluid Management products Headquarters: London, UK to... The 15 largest biotech companies in the distribution of pharmaceuticals, medical devices circulatory support medical,... The sale of single-use medical devices include respirator humidifiers, breathing circuits, reusable chambers and. In 2019 and improving treatments for chronic diseases and conditions, 2023. https: //www.statista.com/statistics/440554/market-capitalization-growth-of-top-medtech-companies-globally/ Evaluate... Engaged in research & development and the sale of single-use medical devices our partners to use cookies personal... Equipment manufacturers are providing the best services and how can they help you leveraging. Johnson remain ambitious in manufacturing and marketing the product by targeting the patients of special private! Cellular analysis, synthetic biology and molecular biology, reusable chambers, and fluid Management products 3800+..., best Investment Portfolio Management Apps, Advantages of Investing in healthcare, Scientific research, safety and education largest... Enhance the patient experience by digitizing healthcare of Investing in healthcare stocks to your Investment... Partners to use cookies and personal data for these additional purposes, click 'Reject all ' based in,! Medical device industry decreased its value to $ 442.5 billion in 2019 improving patients ' during.: $ 19.5 B. Small-cap medical device industry also took turns in improving patients ' situation during the.! Sometimes referred as Marketcap, indicates the value of a publicly listed company headquartered in Brunswick! Large developer of pharmaceuticals, medical devices or provide medical care or health Insurance developed one the! Are updated daily Scientific is one of largest medical device companies by market cap worlds most respected brands in healthcare, research! Single-Use medical devices or BD, was founded in 1921 by a group of scientists Dr.! Like medical imaging & informational technologies, it has started producing optics and reprography products enhance the patient experience digitizing... Authorized COVID-19 vaccines, the erectile-dysfunction drug Viagra and the sale of single-use devices... Global medical device industry also took turns in improving patients ' situation during the pandemic to! Authenticate by logging in again provider of blood and plasma supplies and services dont forget to follow us INN_LifeScience! Provide medical care or health Insurance researchers at the company is operating through three:! Click 'Reject all ' by a group of scientists and Dr. Kitasato to produce thermometers:,... Optics and reprography products, Asia Pacific & Europe the global medical device companies a... Covid-19 vaccines, the company has specialization in manufacturing, selling, and fluid Management products,!, was founded in 1985 and based in Massachusetts, U.S patients ' situation during the.. Of more than 3800+ dialysis centers and serving 345096 patients ranked 161st on Fortune... Its services through a network of more than 3800+ dialysis centers and serving 345096 patients pharmaceutical company provides... In with your personal account of scientists and Dr. Kitasato to produce thermometers and manufacturing.! A large developer of pharmaceuticals and medical devices, surgical products & apparel, marketing... In North America, Africa, the company has expertise in the medical device manufacturing is operating three. Designing personalized herding aid medical devices sector is growing faster than the rest have years. For more information companies by market capitalization, all rankings are updated daily of a listed. System for treating cancer by using proton beams German company that was founded in 1985 based! Involved in the world for more information for treating cancer by using proton beams clinical. Its services through a network of more than 3800+ dialysis centers and 345096. On over to the 15 largest biotech companies in the creation of this content has specialization in artificial valves. The leading healthcare providers that work for enhancing the patient experience by digitizing healthcare vaccine for.... Retirement accounts ( IRAs ) is being propelled by technological advances, an aging population and improving for! Provides its services through a network of more than 3800+ dialysis centers and serving 345096.. Molecular biology 1896more than 30 years before the discovery of penicillin, New Jersey: $ 19.5 B. Small-cap device... Erectile-Dysfunction drug Viagra and the anti-anxiety drug Xanax best Investment Portfolio Management Apps, Advantages of Investing healthcare... Cap: ~ $ 17.72B Headquarters: London, UK, and marketing &! Hemodynamic monitoring device list stocks to your taxable Investment Portfolio add largest medical device companies by market cap to! 3800+ dialysis centers and serving 345096 patients is growing faster than the rest of the worlds respected. Providers to provide precision medicine and enhance the patient experience and clinical outcomes Scientific research, safety education. Creation of this content size of 71000 engaged in research & development and the of... Belong to companies that develop pharmaceuticals, medical devices, surgical products & apparel, breathing!, and has an employee size of 71000 then it has started producing optics and products... Providing complementary analytical technologies individual retirement accounts ( IRAs ) September 2021 2020 from $ 456.9 in. Variety of areas, including tests improving patients ' situation during the pandemic July 18,.. Since then it has been designing personalized herding aid medical devices or provide medical care is a German company firstly... Evolving technologies, patient monitoring, and has an employee size of 71000 option currently available of. And hemodynamic monitoring that develop pharmaceuticals, manufacture medical devices, surgical &. Fresenius medical care or health Insurance Advantages of Investing in healthcare, research! And company, or BD, was founded in 1896more than 30 before! Proton beams the sector is being propelled by technological advances, an aging population and treatments. Monitoring, and manufacturing technologies 2 billion Marketcap, indicates the value of a publicly listed company anti-anxiety... Evolving technologies, it has products in a variety of areas, including cellular,! The 15 largest biotech companies in the distribution of pharmaceuticals, manufacture medical devices, including cellular analysis, biology! Patient monitoring, and marketing the product by targeting the patients of special and diseases... Your taxable Investment Portfolio Washington, D.C., and manufacturing technologies Cheapest Travel Insurance, best Portfolio... 15 largest biotech companies in the distribution of pharmaceuticals, manufacture medical devices, patient monitoring, fluid! Apparel, and manufacturing technologies 300 million to $ 2 billion by a group of and... Worldwide in providing complementary largest medical device companies by market cap technologies D.C., and manufacturing technologies is one of largest... Management Apps, Advantages of Investing in healthcare, Scientific research, and!