Healthcare is a constantly evolving and fascinating industry that impacts our lives in countless ways. From life-saving surgery equipment to innovative medical technology devices, knowing what to buy is simply the first step. Searching for the best place to purchase these products come next. However, deciding upon the latter is more critical. At the heart of this medical industry stands a crossroads of medical equipment distributors and suppliers. From exam gloves to surgical equipment and medical devices, these distributors aid in distributing medical products.
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Medical equipment distributors and suppliers help healthcare providers to manage the supply chain. They ensure the timely delivery of medical equipment in compliance with regulatory requirements with proper handling and storage. Medical equipment distributors and suppliers are essential for the healthcare industry, as they help to improve patient outcomes. Moreover, medical distributors also ensure the efficient operation of healthcare facilities.
With the end of the COVID-19 epidemic, people are paying more and more attention to the importance of personal health, and many medical device companies are becoming more and more recognized by the public. With their scientific expertise and advanced scientific research laboratories, these medical device, medical instrument or biotechnology companies have saved countless lives and provided rapid treatments for diseases.
As a professional medical equipment injection molding machine manufacturer, we also have many customers in the medical industry. They specialize in the production of a wide variety of medical equipment, medical device accessories, and various medical consumables. We collected and sorted out some relevant data on the top 100 medical equipment and medical device companies in the world (the relevant data is at the end of this article), and then analyzed and compiled a list of the top 10 medical device companies in the world.
In this article, we mainly rank the top 100 medical device companies listed in the world based on their total revenue, market capitalization on the stock market, research investment expenses and number of employees, thereby selecting the top 10 medical device companies in the world.
Market capitalization is a measure of the value of all available shares of the company. Companies are typically classified based on market capitalization as follows:
Large Suppliers of Medical Supplies: Medical supplier companies with market capitalization in excess of $200 billions
Large Suppliers of Medical Supplies: Medical supplier companies with market capitalization between $10 billion and $200 billions
Mid-sized Suppliers of Medical Supplies: Medical supplier companies with market capitalization between $2 billion and $10 billions
Small Suppliers of Medical Supplies: Medical supplier companies with market capitalizationp from $300 million to $2 billions
Micro Suppliers of Medical Supplies: Medical supplier companies with market capitalization from $50 million to $300 millions
$30.56B USD$137.53B USD$2.33B USD101,000https://www.medtronic.com/Medtronic PLC is a medical device company. Its headquarters are in Dublin, Ireland. Its operational headquarters are in Fridley, Minnesota. Medtronic is among the worlds largest medical equipment development companies. Its extensive product line includes patient care and monitoring accessories of all kinds; general surgical equipment; and medical devices for cardiovascular, diabetic, and neurological applications.
Top Products and Services Offered:
Brain Monitoring
Electrosurgical Instruments
Health Informatics and Monitoring
Mechanical Ventilation
OEM Patient Monitoring
$82.06B USD$368.91B USD$11.4B USD132,200http://www.jnj.com/Johnson & Johnson is a medical device, pharmaceutical, and consumer packaged-goods company founded in . Headquartered in New Brunswick, New Jersey, the corporation operates 250 subsidiary companies in 60 countries and sells products in 175 countries. It is also the largest independent biotech firm in the world by market cap.
Top Products and Services Offered:
Infection Prevention
Robotic Surgery & Digital Solutions
3D Printing
Medical disposables
Advanced Imaging & Visualization
Bio-materials
Contact Lenses
19.5B EUR38.63B EUR1.88B EUR80,495https://www.philips.com/globalKoninklijke Philips (NYSE: PHG, AEX: PHIA) is a leading medical supplies manufacturer and health technology company focused on improving peoples health and enabling better outcomes across the health continuum, from healthy living and prevention to diagnosis, treatment, and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring, and health informatics, as well as in consumer health and home care. Philips health technology portfolio generated sales of EUR 19.5 billion in and employs approximately 80,495 employees, with sales and services in more than 100 countries.
Top Products and Services Offered:
Magnetic Resonance
Image Guided Therapy
Radiography
Ultrasound
Ventilation
$30.6B USD$143.91B USD$2.3B USD103,000http://www.abbott.com
Medical Supplier Company Profile:
Abbott Laboratories is an American health care company with headquarters in Abbot Park,Ilinois. The massive firm is operated in seven industrial divisions Abbott Diabetes Care, Abbott Diagnostics Division, Abbott Molecular Diagnostics, Abbott Nutrition International, Abbott Point-of-care, Abbott Vascular Division, and Established Pharmaceuticals Division. A truly global company, Abbott does business in over 150 countries around the world.
Abbott, a member in the medical equipment suppliers list, the great firm founded by Dr. Wallace C. Abbott, is one of the worlds oldest and most innovative medical product manufacturers. Abbott is well known for producing medical equipment that displays accurate real-time information, allowing doctors to deliver the best therapy to their patients.
Top Products and Services Offered:
Cardiac Resynchronization Therapy (CRT) Devices
Pacemakers
Left Ventricular Assist Devices (LVAD)
Pulmonary Pressure Monitors
Insertable Cardiac Monitors (ICM)
16.54B EUR25.67B EUR134M EUR112,658https://fmcna.comFresenius Medical Care is well regarded for manufacturing equipment that aids in the treatment of renal diseases. This manufacturer produces dialysis equipment, which is a life-saving blood purifying therapy that replaces kidney functions.
Fresenius Medical Care AG & Co. KGaA, a kidney dialysis company, provides dialysis care and related services and other health care services. It offers dialysis treatment and related laboratory and diagnostic services through a network of outpatient dialysis clinics; materials, training, and patient support services comprising clinical monitoring, follow-up assistance, and arranging for delivery of the supplies to the patients residence; and dialysis services under contract to hospitals in the United States for patients hospitalized with end-stage renal disease (ESRD) and for patients suffering from acute kidney failure.
Top Products and Services Offered:
Acute Therapy System
Pharmaceuticals
Disposables
Fluid Management
$32.8B USD$87.99B USD$1.8B USD93,516https://www.3m.com/The 3m Company focuses on the development of medical devices and supplies that assist doctors with surgeries, incision management, infection prevention, sterilization assurance, enhanced wound care, and skin integrity. Doctors would be able to identify any problems effectively and swiftly with the use of accurate medical data from technologically advanced instruments.
The 3M Company, formerly known as the Minnesota Mining and Manufacturing Company, is an American multinational conglomerate corporation operating in the fields of industry, health care, and consumer goods. 3Ms innovative health care brands include Cavilon, Clarity, Coban, CodeFinder, FUTURO, Littmann, Peltor, Petrifilm, Tegaderm, and Unitek. The company builds medical devices, food-safety testing products, and health information systems.
Top Products and Services Offered:
Temperature Management
Surgical Supplies
Patient Monitoring
Stethoscope Accessories
14.5B EUR$87.87B USD1.32B EUR52,000https://www.healthcare.siemens.com/Siemens Healthineers, a German-American medical equipment supplier, is the market leader in computed tomography, magnetic resonance imaging, molecular imaging, X-ray products, ultrasound systems, and imaging IT.
Siemens Healthineers will prioritize developing medical technologies that prevent the spread or generation of diseases in the coming years, where health will be a top focus.
Siemens Healthineers is a medical supplies manufacturer with headquartered in Erlangen, Germany. The company was founded in in Berlin by Ernst Werner von Siemens. Siemens is enabling health care providers to expand precision medicine and improve the patient experience by digitizing health care. The company has 170 years of experience and 65,000 patents around the world.
Contact us to discuss your requirements of Surgical Products Wholesale. Our experienced sales team can help you identify the options that best suit your needs.
Top Products and Services Offered:
Radiography systems
Ultrasound machines
MRI
OEM X-Ray Products and Components
$145.5B USD$15.76B USDNone49,500https://www.cardinalhealth.com/Cardinal Health assures safe and secure manufacture of medical equipment with its years-long expertise and useful insights. With skilled employees and about 50 years of experience, essential surgical devices are produced by this company.
Cardinal Health offers distribution, inventory management, data reporting, new product launch support, and charge-back administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other health care providers, and payers; and consulting, patient support, and other services to pharmaceutical manufacturers and health care providers. Cardinal Health Inc. was founded in and is headquartered in Dublin, Ohio.
Top Products and Services Offered:
OEM Medical Specialty Products
Intermittent Catheters and Trays
Electrocardiography
Stethoscopes
Negative Pressure Wound Therapy Devices
$95.21B USD$97.98B USD$4.16B USD205,000https://www.ge.com/GE Healthcare is a pioneer in medical plastics manufacturing, pharmaceutical diagnostics, and digital solutions. This company develops software and services that enable physicians to make faster, more informed decisions by utilizing cutting-edge technology such as data analytics and an innovative platform known as the Edison intelligence platform.
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. The companys expertise in electrical systems has translated to industry-leading innovations in medical imaging and information technologies, diagnostics, patient monitoring, and manufacturing technologies. GE is one of the largest companies in the world by employee size, with 205,000 employees working around the world.
Top Products and Services Offered:
Mammography
Molecular Imaging
Radiography (X-Ray)
Surgical Imaging
Invasive Cardiology
Magnetic Resonance
$9.19 billion (8.49 billion) +8%$8.50 billion (7.85 billion)Number of Employees: 65,000$141,000
B. Braun is a medical and pharmaceutical device company based in Melsungen, Germany. With a history dating back to its founding in , the company remains family-owned by the Braun family. B. Braun has over 65,000 employees worldwide and operates offices and production facilities in more than 60 countries.
Ref: D. Braun Annual Report
$15.10 billion +18%$12.80 billion60,000$251,000
Baxter began in the s by launching the first commercially prepared intravenous solutions, today Baxter operates as a global diversified healthcare company. Its products serve disease areas such as hemophilia, infectious diseases, kidney disease, immune disorders, and trauma treatment.
Baxter moved into Ireland in the mid-s and built its first manufacturing site there in . They currently have two manufacturing sites in County Mayo: one in Castlebar, where they produce renal dialysis solutions, premixed IV solutions, and several drug products; the other in Swinford, which produces devices for administration of these products. Between them, they employ over people. They also have a Compounding Facility and Sales and Marketing offices in Dublin.
Ref: Baxter Annual Report
$10.8 billion +10%$9.8 billion$31.47 billion81,000$388,000
Danaher Corp is a family of more than 30 companies including Beckman Coulter, Implant Direct and Leica Biosystems. The Danaher group encompasses diagnostics, life sciences and biotechnology with a number of sites around the globe.
Ref: Danaher Corp Annual Report
$18.90 billion -6.4%$20.20 billion75,000$252,000
Becton Dickinson & Company (BD) was founded in in New Jersey, US, and now employs 75,000 people in over 50 countries around the world. They manufacture and sell medical devices, instrument systems, and reagents and the company was a pioneer in the production of hypodermic needles. Presently, the company is divided into three sectors BD Medical, BD Life Sciences and BD Interventional.
BD has had a presence in Ireland since and currently has more than 1,000 employees in Ireland across three sites at Drogheda, Dun Laoghaire and Limerick.
Ref: Becton Dickinson & Company Annual Report
Total Revenue: ¥793.9 B JPYMarket Cap: $25.18B USDR&D Spend: ¥84.57B JPYEmployee Size: 35,124Website: http://www.olympus-global.com/
Olympus Corporation is a Japanese manufacturer of optics and reprography products. Olympus was established on October 12, , and initially specialized in microscopes and thermometers. Today, the company earns the majority of its annual revenue through its medical device business, with the remaining coming from its scientific solutions and imaging departments. Olympus primarily manufactures and sells endotherapy devices, surgical devices, and endoscopes.
Total Revenue: ¥587.8B JPYMarket Cap: $25.09B USDR&D Spend: ¥41.34M JPYEmployee Size: 23,319Website: http://www.terumomedical.com
Dr. Shibasaburo Kitasato and other physicians founded Terumo in , when importation of medical thermometers ceased in the aftermath of World War I, spurring the need to manufacture the instruments domestically. Over the years, Terumo has provided new value by grappling with health care issues in areas such as infection control, prevention of medical errors, the demand for minimally invasive treatments, and improvements in both medical cost efficiency and patient quality of life (QOL). The Terumo Group now conducts business in over 160 nations, expanding the concept of society to embrace a global perspective.
Total Revenue: ¥50.12B JPYMarket Cap: ¥734.13B JPYR&D Spend: ¥12.3B JPYEmployee Size: 7,810Website: http://www.asahi-intecc.co.jp/
Asahi Intecc Co. Ltd. was founded in Japan in . The company specializes in making ultrafine stainless steel ropes for use in catheter treatment. The company also manufactures products for cardiovascular treatments. The company is headquartered in Nagoya and has six branches worldwide.
Total Revenue: $15.78B USDMarket Cap: $63.77B USDR&D Spend: $2.22B USDEmployee Size: 16,900Website: https://www.allergan.com/
Allergan PLC is a multinational company that produces branded drugs and performs pharmaceutical research and development. Allergan markets a portfolio of leading brands and best-in-class products for eye care, medical aesthetics and dermatology, gastroenterology, womens health, urology, anti-infective therapeutic categories, and the central nervous system. Allergan is an industry leader in Open Science, the companys R&D model, which defines its approach to identifying and developing game-changing ideas and innovation for better patient care. This approach has led to Allergan building one of the broadest development pipelines in the pharmaceutical industry.
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