There has been a lot of change on medtech's leaderboard over the past 12 months. For a more recent ranking of medical device companies, download our free Top 100 Medical Device Companies of 2019 report.
Rank | Company Name | FactSet Ticker | Primary Exchange | 2018 Revenue | Market Capitalization |
1 | MDT-US | NYSE | $30,378 | $122,163 | |
2 | JNJ-US | NYSE | $27,300 | $346,109 | |
3 | FME-DE | Xetra | $19,845 | $19,935 | |
4 | GE-US | NYSE | $19,701 | $65,845 | |
5 | ABT-US | NYSE | $16,811 | $127,036 | |
6 | BDX-US | NYSE | $15,983 | $60,713 | |
7 | SIE-DE | Xetra | $15,976 | $94,622 | |
8 | CAH-US | NYSE | $15,659 | $13,288 | |
9 | SYK-US | NYSE | $13,276 | $58,654 | |
10 | PHIA-NL | Euronext Amsterdam | $12,669 | $32,748 | |
11 | EL-FR | Euronext Paris | $11,595 | $53,885 | |
12 | BAX-US | NYSE | $11,030 | $35,026 | |
13 | BSX-US | NYSE | $9,820 | $48,904 | |
14 | ZBH-US | NYSE | $7,936 | $21,156 | |
15 | Novartis AG | NOVN-CH | SIX Swiss | $6,925 | $217,442 |
16 | 7733-JP | Tokyo | $6,127 | $10,542 | |
17 | MMM-US | NYSE | $5,985 | $110,949 | |
18 | 4543-JP | Tokyo | $5,275 | $21,543 | |
19 | SN-GB | London | $4,888 | $16,306 | |
20 | 7751-JP | Tokyo | $4,502 | $36,482 | |
21 | XRAY-US | NASDAQ | $4,018 | $8,281 | |
22 | EW-US | NYSE | $3,634 | $32,020 | |
23 | ISRG-US | NASDAQ | $3,570 | $54,693 | |
24 | 7741-JP | Tokyo | $3,307 | $22,998 | |
25 | HOLX-US | NASDAQ | $3,218 | $11,887 | |
26 | VAR-US | NYSE | $2,919 | $10,330 | |
27 | 8086-JP | Tokyo | $2,902 | $2,102 | |
28 | HRC-US | NYSE | $2,848 | $5,958 | |
29 | DHR-US | NYSE | $2,844 | $72,277 | |
30 | GETI.B-SE | OMX Nordic Stockholm | $2,782 | $2,455 | |
31 | BIM-FR | Euronext Paris | $2,771 | $7,780 | |
32 | SOON-CH | SIX Swiss | $2,762 | $10,643 | |
33 | STE-US | NYSE | $2,696 | $9,029 | |
34 | COLO.B-DK | OMX Nordic Copenhagen | $2,628 | $20,019 | |
35 | 6869-JP | Tokyo | $2,599 | $10,056 | |
36 | RMD-US | NYSE | $2,405 | $16,226 | |
37 | TFX-US | NYSE | $2,402 | $11,885 | |
38 | COO-US | NYSE | $2,388 | $12,530 | |
39 | IDXX-US | NASDAQ | $2,170 | $16,041 | |
40 | PHH2-DE | Frankfurt | $1,978 | $1,192 |
Source: FactSet, Bloomberg LP, company filings
Notes:
All financial market data is as of December 31, 2018, and is priced in US Dollars (USD). Revenue and market capitalization are both quoted in millions of US dollars.
All non-USD denominated revenues have been translated into US Dollars from the respective reporting currency at the average historical rate.
Stock Exchange Legend
NYSE=New York Stock Exchange
Xetra=Deutsche Börse Xetra
Euronext Amsterdam=Euronext Amsterdam
Euronext Paris=Euronext Paris
Tokyo=Tokyo Stock Exchange
SIX Swiss=SIX Swiss Exchange
London=London Stock Exchange
NASDAQ=NASDAQ Market
OMX Nordic Stockholm
OMX Nordic Copenhagen
Frankfurt=Frankfurt Stock Exchange
Shanghai=Shanghai Stock Exchange
ASX=Australian Securities Exchange
Euronext Brussels=Euronext Brussels
JASDAQ=JASDAQ Market
Hong Kong=The Stock Exchange of Hong Kong
Malaysia=Bursa Malaysia
Shenzhen=Shenzhen Stock Exchange
Milan=BorsaItaliana
New Zealand=New Zealand Stock Exchange
Korea=Korea Exchange
Ticker/Company Name/Notes:
JNJ-US/Johnson & Johnson/Revenues include only the Medical Devices segment.
GE-US/General Electric Company/Revenues include only the Healthcare segment.
ABT-US/Abbott Laboratories/Revenues include only the Diagnostics and Cardiovascular & Neuromodulation segments.
SIE-DE/Siemens AG/Revenues include only the Healthcare segment.
CAH-US/Cardinal Health, Inc./Revenues include only the Healthcare segment.
PHIA-NL/Royal Philips NV/Also known as Koninklijke Philips NV. Revenues exclude the Personal Health segment.
EL-FR/EssilorLuxottica SA/Essilor and Luxottica completed their merger on October 3, 2018. Revenues include Essilor's Lenses & Optical Instruments and Equipment segments, and Luxottica's Wholesale segment.
7733-JP/Olympus Corp./Revenues include only the Medical Systems and Imaging Systems segments.
NOVN-CH/Novartis AG/Revenues include only the Alcon segment.
MMM-US/3M Company/Revenues include only the Healthcare segment.
7751-JP/Canon Inc./Revenues include only the Medical Systems segment.
7741-JP/HOYA CORPORATION/Revenues include only the Life Care segment.
8086-JP/Nipro Corporation/Revenues include only the Medical Equipments segment.
DHR-US/Danaher Corporation/Revenues include only the Dental segment.
PHH2-DE/PAUL HARTMANN AG/Revenues exclude the Other Activities (Cotton & Hygiene) segment.
DRW8-DE/Draegerwerk AG & Co. KGaA/Revenues include only the Dräger Medical segment.
ITGR-US/Integer Holdings Corporation/Revenues include only the Medical segment.
AGFB-BE/Agfa-Gevaert NV/Revenues include only the Healthcare segment.
AVNS-US/Avanos Medical, Inc./Formerly known as Halyard Health Inc.
VREX-US/Varex Imaging Corporation/Revenues include only the Medical segment.
2393-HK/Yestar Healthcare Holdings Co Ltd/Revenues include only the Medical Imaging Products segment.
6376-JP/Nikkiso Co., Ltd./Revenues include only the Medical Division segment.
ELN-IT/El.En. S.p.A./Revenues include only the Medical Laser Systems segment.
6951-JP/JEOL Ltd.Revenues include only the Medical Equipment segment.
