2015's Biggest Medtech Companies2015's Biggest Medtech Companies

2. Medtronic plcAssuming the merger goes through as planned, Medtronic and Covidien would have roughly $27.2 billion a year in sales between them.Medtronic$17 billion in revenue in the fiscal year ended April 25, 2014Covidien$10.2 billion in revenue in the fiscal year ended Sept. 27, 2013By acquiring Covidien for $43 billion, Medtronic could give J&J a run for its money as the company with the largest device and diagnostics business. In 2013, J&J had nearly $28.1 billion in sales—roughly $10 billion more than its nearest competitor, Siemens. But Medtronic plc would be $27 billion-a-year company in itself. On top of that, both Medtronic and Covidien already had an aggressive plan to expand their presence in emerging markets. In 2015, it’s anybody’s guess which medical device company will bring in the most revenue.>>NextBackground on image: The Micra pacemaker, billed by Medtronic as the world’s smallest, is an order of magnitude smaller than current generation pacemakers. Medtronic developed the device in house, as we detailed in the article “How Medtronic Made the World's Smallest Pacemaker.”