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Top 40 Medical Device Companies

TAGS: News
A look at the top medtech companies in 2019 as ranked by total revenue. Is your firm on the list?

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 the free Medtech Insight’s MTI 100, the latest ranking of global medtech companies, prepared by Medtech Insight (a sister publication of MD+DI).

 

Rank

Company Name

Exchange Ticker

Exchange

2019 Revenue (mm)

Market Cap (mm)

1

Medtronic plc

MDT-US

NYSE

$30,891

$159,545

2

Johnson & Johnson

JNJ-US

NYSE

$25,963

$383,910

3

Abbott Laboratories

ABT-US

NYSE

$19,952

$157,393

4

General Electric Company

GE-US

NYSE

$19,942

$97,470

5

Fresenius Medical Care AG & Co. KGaA

FME-GER

XTRA

$19,264

$22,136

6

Becton, Dickinson and Company

BDX-US

NYSE

$17,290

$75,092

7

Siemens Healthineers AG

SHL-GER

XTRA

$16,090

$48,117

8

Cardinal Health Inc.

CAH-US

NYSE

$15,749

$14,790

9

Koninklijke Philips N.V.

PHIA-NED

ENXTAM

$14,738

$44,668

10

Stryker Corporation

SYK-US

NYSE

$14,549

$79,436

11

Baxter International Inc.

BAX-US

NYSE

$11,080

$45,812

12

Boston Scientific Corporation

BSX-US

NYSE

$10,392

$61,719

13

Zimmer Biomet Holdings, Inc.

ZBH-US

NYSE

$7,928

$30,725

14

EssilorLuxottica S.A.

EL-FRA

ENXTPA

$7,813

$65,411

15

3M Company

MMM-US

NYSE

$7,431

$101,450

16

Olympus Corporation

7733-JPN

TSE

$7,273

$20,569

17

Danaher Corporation

DHR-US

NYSE

$6,562

$117,419

18

Terumo Corporation

4543-JPN

TSE

$5,644

$27,000

19

Smith & Nephew plc

SN-UK

LSE

$4,949

$21,453

20

Intuitive Surgical, Inc.

ISRG-US

NasdaqGS

$4,247

$69,348

21

Edwards Lifesciences Corporation

EW-US

NYSE

$4,152

$49,773

22

Alcon Inc.

ALC-CH

SWX

$4,035

$30,916

23

Canon Inc.

7751-JPN

TSE

$4,034

$29,256

24

DENTSPLY SIRONA, Inc.

XRAY-US

NasdaqGS

$3,997

$12,590

25

HOYA Corporation

7741-JPN

TSE

$3,524

$36,156

26

Hologic, Inc.

HOLX-US

NasdaqGS

$3,367

$14,386

27

Varian Medical Systems, Inc.

VAR-US

NYSE

$3,225

$13,546

28

Nipro Corporation

8086-JPN

TSE

$3,011

$1,973

29

Sonova Holding AG

SOON-CH

SWX

$2,978

$15,349

30

Hill-Rom Holdings, Inc.

HRC-US

NYSE

$2,907

$7,750

31

STERIS plc

STE-US

NYSE

$2,898

$13,068

32

bioMérieux S.A.

BIM-FRA

ENXTPA

$2,801

$11,479

33

Envista Holdings Corporation

NVST-US

NYSE

$2,790

$5,082

34

Getinge AB

GETI B-SWE

OM

$2,726

$5,139

35

Sysmex Corporation

6869-JPN

TSE

$2,726

$14,863

36

ResMed Inc.

RMD-US

NYSE

$2,699

$23,088

37

Coloplast A/S

COLO.B-DEN

CPSE

$2,695

$26,376

38

The Cooper Companies, Inc.

COO-US

NYSE

$2,653

$15,760

39

Teleflex Incorporated

TFX-US

NYSE

$2,556

$17,765

40

Align Technology Inc.

ALGN-US

NasdaqGS

$2,406

$21,990

 

Sources: S&P Capital IQ, Factset, Company Filings, XE.com

All financial market data is as of December 31, 2019, 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 

Exchange Key

 

Australian Securities Exchange

ASX

Borsa Italiana

BIT

Copenhagen Stock Exchange

CPSE

Euronext Amsterdam

ENXTAM

Euronext Brussels

ENXTBR

Euronext Paris

ENXTPA

JASDAQ Osaka Securities Exchnage

JASDAQ

Kosdaq Korea Exchange

KOSDAQ

London Stock Exchange

LSE

Nasdaq Capital Market

NasdaqCM

Nasdaq Global Market

NasdaqGM

Nasdaq Global Select Market

NasdaqGS

New York Stock Exchange

NYSE

New Zealand Exchange

NZSE

Nasdaq Nordic Sweden

OM

Hong Kong Stock Exchange

SEHK

Shanghai Stock Exchange

SHSE

SIX Swiss Exchange

SWX

Shenzhen Stock Exchange

SZSE

Tokyo Stock Exchange

TSE

Toronto Stock Exchange

TSX

Frankfurt Xetra Exchange

XTRA

 

Additional Notes:

Ticker

Company Name

Additional Notes

ABT-US

Abbott Laboratories

Revenues Include only Diagnostics and Medical Device Segment

JNJ-US

Johnson & Johnson

Revenues Include only Medical Device Segment

GE-US

General Electric Company

Revenues include only the Healthcare segment.

CAH-US

Cardinal Health, Inc.

Revenues include only the Medical segment.

ALC-AH

Alcon Inc.

Revenues inlcude only Surgical segment

MMM-US

3M Company

Revenues include only the Healthcare segment.

7751-JPN

Canon Inc.

Revenues include only Medical Systems Unit

VREX-US

Varex Imaging Corporation

Revenues include on the Medical Segment

DHR-US

Danaher Corporation

Revenues Include only  only Diagnostics Segment

ITGR-US

Integer Holdings Corporation

Revenues include only the Medical segment.

PHIA- NED

Koninklijke Philips N.V.

Revenues exclude Personal Health segment

6376-JPN

Nikkiso Co., Ltd.

Revenues include only the Medical segment.

DRW3-GER

Drägerwerk AG & Co. KGaA

Revenues include only the Medical segment.

8086-JP

Nipro Corporation

Revenues include only the Medical Equipments segment.

AFGB-BEL

Agfa-Gevaert NV

Revenues include only Healthcare segment for Q4 2018, and Radiology Solutions and Healthcare IT for Q1-Q3 of FY 2019

PHH2-DE

PAUL HARTMANN AG

Revenues exclude the Other Activities segment.

7741-JPM

HOYA Corporation

Revenues Include only Life Care segment

EL-FRA

EssilorLuxottica S.A.

Revenues include Essilor's Lenses & Optical Instruments and Equipment segments

 

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