The rankings are based on annual revenues, research and development spending and workforce size for each medical device company’s most recent fiscal year.
The 10 largest medical device companies and their annual revenue:
1. Medtronic: $28.9 billion
2. Johnson & Johnson (medical device segment): $26 billion
3. Royal Philips: $21.8 billion
4. GE Healthcare: $19.9 billion
5. EssilorLuxottica: $19.5 billion
6. Siemens Healthineers: $16.2 billion
7. Cardinal Health (medical segment): $15.4 billion
8. Stryker: $14.9 billion
9. Medline Industries: $13.9 billion
10. Danaher (life sciences and diagnostics segments): $13.5 billion
More articles on devices:
The most controversial trends in spine from 10 surgeons
6 Texas orthopedic practices to merge into 150-plus physician group
We’re going to need a bigger scalpel — Mississippi spine surgeon operates on sand tiger shark’s spine
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.