The 2024 Medtech Big 100 — Ranking the world’s largest medical device companies Their ongoing research and development, their dedication in regulatory excellence, and in patient outcomes have guaranteed that the United States will be at the head of the world medical device innovation. Investors can explore a list of the top 100 medical device companies to identify key players and potential opportunities. The increased use of cloud-based analytics, telemedicine, and mobile health apps are broadening the functionality of devices, no longer restrained by traditional uses.
- This movement towards individualized treatment is increasing the amount of success in treatment and satisfaction of the patient.
- 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.
- 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.
- Furthermore, the company operates in a variety of markets, including surgical valve technologies, clinical care, and transcatheter heart valves.
How did we shortlist the top 50 medical device companies?
This Indiana-based company is the global leader in musculoskeletal healthcare needs which include joint replacement, sports medicine, and spine solutions offered by the company. The company invests in AI in healthcare solutions, connected health, and personalized patient care solutions. The company deals with production and sale of medical devices, instrument systems and reagents. Stryker is a medical technology company based in Kalamazoo, Michigan that has expanded into an international company since its foundation in 1941, with its operations in orthopedics, medical and surgical equipment and neurotechnology. The technologies they deploy can be found in thousands of healthcare facilities in the US and are used to enhance diagnostic opportunities as well as patient outcomes using advanced imaging and laboratory solutions.
Abbott Laboratories (NYSE: ABT)
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Top 50 Medical Device Companies in 2025
Philips medical devices are installed to treat millions of patients in the US major healthcare institutions and help with critical care, diagnostic imaging, and the management of chronic illnesses. Cardinal Health is one of the largest distributors of medical devices in the US and its footprint is seen in almost every healthcare institution nationwide, providing facilities with life-saving equipment when they require it. Abbott is no longer a company dealing in pharmaceuticals; it has evolved into a diversified healthcare company with an emphasis on diagnostics, medical devices, nutrition, as well as, branded and generic medicines. Johnson & Johnson is a company that has medical technology as one of its divisions; it is among the largest ones in healthcare including surgical technology, orthopedics and vision care solutions. The United States medical device industry has become a major pillar of healthcare innovations and life science across the globe by spearheading breakthrough technologies that save lives and enhance patient outcomes across the globe. And Cooper Surgical manufactures medical devices and advances the healthcare system by providing a portfolio of products.
A prolific content writer and frequent industry speaker, Mathew leverages his expertise to guide businesses towards growth. The companies have been shown to possess robust R&D abilities, regulatory know-how, and positioning that are conducive to long-term growth prospects. Simplified approval procedures of breakthrough devices and digital therapeutics are speeding up the time-to-market of critical innovations. This movement towards individualized treatment is increasing the amount of success in treatment and satisfaction of the patient.
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And now the company is generating most of its revenues through medical device manufacturing. This company is the largest producer of diagnostic imaging, image-guided therapy, patient monitoring, and health informatics. Furthermore, the company operates in a variety of markets, including surgical valve technologies, clinical care, and transcatheter heart valves. The company has many innovative healthcare brands such as Peltor, Petrifilm, FUTURO, Clarity, and many more. And the company is operating through multiple segments such as aviation, healthcare, digital energy, and venture capitalizing. Each year, Medical Design & Outsourcing collects thousands of data points to rank and analyze the largest medical device companies in the world, including publicly traded companies and privately held firms.
In addition, it also has medical devices for measuring hemostasis that bring out better clinical outcomes in managing critical bleeding cases. 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. Since then it has been designing personalized herding aid medical devices.
Cardinal Health
- Visit itnowtechnologies.com to discover comprehensive analysis of healthcare innovation, technology solutions, and industry developments that are shaping the future of patient care
- The company deals in medical imaging systems (CT, MRI, ultrasound), patient monitoring equipment and healthcare analytics platforms.
- The company deals in medical imaging, laboratory diagnostics, and state of the art healthcare IT systems.
- Cardinal Health is a multinational American company based in Ohio, the U.S.
- The medical device industry has a very broad range of careers in engineering, regulatory, clinical research, sales and marketing.
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. The company was founded in 1954 and has its headquarters in Basel, Switzerland. It is one 14th highest revenue-generating companies in the United States. The company is operating in more than 40 countries and has an employee size of more than 12000. Besides, Align technology is one of the largest manufacturers of the 3D digital scanner, clear aligners, and Invisalign.
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Intuitive Surgical spends more than 600 million U.S. dollars on R&D, with an emphasis on increasing the scope of robotic surgery, enhancing surgical precision and working to establish next-generation systems. Zimmer Biomet invests in robotic surgery operations, custom implants manufactured using 3D printing, and digital health tools that optimize surgical planning and results. The biggest dialysis services and products provider globally, with operations spread all over the US serving the high quantum of Americans with chronic kidney disease.
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However, it is currently providing its services in material training and patient support services, including follow-up assistance and clinical monitoring. The company has expertise in manufacturing, selling, and marketing the product by targeting the patients of special and private diseases. Founded in 1958, Edward Lifescience corporation is an American medical technology company in California, U.S.
Cardinal Health, headquartered in Dublin, Ohio, is not only distributing, but also manufactures medical products and sells them to the pharmacies, hospitals, and other healthcare providers in the United States. General Electric is split into divisions including GE Healthcare, which has decades of industrial experience used to create high-tech medical imaging, monitoring, and digital health technologies. The medical device portfolio of Abbott spans free-style glucose monitoring systems (FreeStyle Libre), heart pumps, coronary stents as well as point-of-care diagnostic systems. This in-depth introduction focuses on the best medical device manufacturers USA with their revolutionary technological applications, brand prevalence and their contribution to contemporary healthcare. Also, the company is one of the leading healthcare providers that work for enhancing the patient experience and clinical outcomes.
The company enables healthcare providers to provide precision medicine and enhance the patient experience by digitizing healthcare. Danaher Corporation is a multi-industry medical equipment manufacturer that manufactures, markets, and provides professional services in medical, industrial, and commercial products. 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. Abbott Laboratories, founded in 1888, manufactures well-known medical devices, diagnostics, and nutritional products.
Johnson & Johnson is a multinational pharmaceutical company that is headquartered in New Brunswick, New Jersey. Click on your favorite cam girls photo above and find out just how much sexier your life becomes instantly with the fantasy girl of your dreams finally becoming part of your own hardcore reality. Adult cams are live authentic and intimate moments, where you can share all your fantasies with your favorite cam girls, and be part of the action by sharing all her pleasure in real time. Enjoy free live chat, cam to cam video calls and fully interactive toy shows that become memories you will cherish for the rest of your life. Enjoy the most popular cam girls in premium live sex shows on the world’s best adult cams site right now with LiveJasmin.com It won’t take long to find a sexy cam girl with the type of body and personality you love.
Siemens Healthineers is with regard to AI-powered imaging, precision medicine, and integrated healthcare and has been on a substantial investment in automated learning algorithms to increase diagnostic precision. Johnson and Johnson MedTech is present in all 50 US states and their orthopedic products have helped millions of American people regain their ability to move and their surgical innovation has contributed to the improvement of patient outcomes in the country. With a presence in over 150 countries, they have a diverse portfolio of products ranging from cardiac devices to surgical instruments.
The newer ideas that they are working on are AI-driven glucose monitoring and improved treatment of advanced heart failure. Their intraocular lenses TECNIS and their VELYS robotic assisted surgery platform are new in the surgical environment. Their current innovation has the world’s smallest pacemaker and Artificial Intelligence in the insulin vegas casino app delivery systems. In addition, the company has an employee size of more than people. By using the Omnipod Management system helps patients to get rid of a separate glucose meter, and also provides virtually pain-free cannula insertion. Incorporated in 2000, Insulet Corporation is a global company headquartered in Massachusetts, U.S.
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. They are among the top medical device companies in the USA, providing innovative devices and equipment that enhance patient care. The company deals with interventional medical devices and they include coronary stents, pacemakers, endoscopic systems and urology products. Connected health technologies, home-based care solutions, and advanced drug delivery are the areas at the center of the company and it specifically promotes patient outcomes in critical care. GE Healthcare has an emphasis on AI and machine learning in the field of medical image development, cloud-computing based healthcare analytics and precision health solutions that cater to personalized patient care. Also, the company has specialization in manufacturing, designing, and marketing medical devices for patients suffering from musculoskeletal disorders.
The Medtech Big 100 includes annual revenue, R&D spending, headcount, CEOs and key leaders, headquarters locations and descriptions of each company — or medical device business units within larger companies such as Abbott and Johnson & Johnson, which have significant pharma businesses. Many of the top 40 medical device companies offer unique opportunities to improve clinical and economic outcomes across the continuum of care. The medical device industry has a very broad range of careers in engineering, regulatory, clinical research, sales and marketing. There are several acquisition and strategic partners in this enthusiastic industry, including some of the world’s leading medical technology companies. Philips Healthcare produces MRI devices, CT systems, ultrasound machines, patient monitors and sleep therapy devices. BD products are found in just about every healthcare application in America, including hospitals, clinics, home healthcare, correct diagnostics and safe delivery of medications.
Please note that companies that report financial results in foreign currencies have been converted to U.S. dollars using standardized Federal Reserve rates for the revenue and R&D rankings. A majority of the companies on the list have fiscal years that operate on standard calendar years, but some have fiscal years for which we’ve collected data as recently as April 2024. This year we also opened an application process for companies to nominate themselves for inclusion among the 100 largest medtech companies. For many companies, we include data they share with us — straight from the CEO, in one case. At IT Now Technologies, we provide tailored sales and marketing solutions for B2B organizations.