Top 10 money-makers in the medical device industry — Medtronic, Zimmer Biomet & more

Spinal Tech

Medtronic and Johnson & Johnson topped Medical Design & Outsourcing's "2019 Big 100" list, a ranking of the world's largest medical device companies.

The 100 largest medical device companies generated $397.5 billion in sales in their latest fiscal years, up 3.5 percent from MDO's 2018 report. Click here to download the ranking, which includes employee data and research and development spend for each company.

Here are the biggest medical device companies in 2019 based on revenues in U.S. dollars:

1. Medtronic
2018 ranking: 1
Revenues: $30.6 billion

2. Johnson & Johnson Medical Devices Companies
2018 ranking: 2
Revenues: $27 billion

3. Royal Philips
2018 ranking: 4
Revenues: $21.4 billion

4. GE Healthcare (General Electric)
2018 ranking: 5
Revenues: $19.8 billion

5. Fresenius Medical Care
2018 ranking: 3
Revenues: $19.6 billion

6. Siemens Healthineers
2018 ranking: 7
Revenues: $15.9 billion

7. Cardinal Health (medical segment)
2018 ranking: 6
Revenues: $15.6 billion

8. Danaher (life sciences, diagnostics and dental segments)
2018 ranking: 8
Revenues: $15.6 billion

9. Stryker
2018 ranking: 10
Revenues: $13.6 billion

10. EssilorLuxottica
2018 ranking: 15
Revenues: $12.8 billion

11. Abbott Medical Devices
2018 ranking: 14
Revenues: $11.4 billion

12. Baxter
2018 ranking: 11
Revenues: $11.1 billion

13. Owens & Minor
2018 ranking: 12
Revenues: $9.84 billion

14. Boston Scientific
2018 ranking: 13
Revenues: $9.82 billion

15. Henry Schein
2018 ranking: 9
Revenues: $9.4 billion

16. BD Medical
2018 ranking: 16
Revenues: $8.6 billion

17. B. Braun Melsungen
2018 ranking: 18
Revenues: $8.2 billion

18. Zimmer Biomet
2018 ranking: 17
Revenues: $8 billion

19. Alcon
2018 ranking: 19
Revenues: $7.1 billion

20. 3M Health Care
2018 ranking: 20
Revenues: $6 billion

More articles on devices:
Aurora Spine posts $3.2M in Q2 revenue: 6 things to know
Medtronic spine revenue up nearly 1% to $658M; robotics grows while spinal cord stimulation slows: 5 details
31 orthopedic devices receive FDA 510(k) clearance in July 

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