Medical Design & Outsourcing released its list of the 100 largest medical device companies in the world for 2018, a year full of mergers and acquisitions.
Here are the top 10, ranked by revenue:
1. Medtronic
Revenues: $29,953,000,000
Research and development spend: $2,253,000,000
Employees: 86,000
2. Johnson & Johnson (medical device segment)
Revenues: $26,592,000,000
Research and development spend: $1,610,000,000
Employees: 60,000
3. Fresenius (medical care segment)
Revenues: $20,095,920,000
Research and development spend: $148,030,000
Employees: Not available
4. Royal Philips
Revenues: $20,091,400,000
Research and development spend: $1,993,320,000
Employees: 73,951
5. GE Healthcare
Revenues: $19,116,000,000
Research and development spend: $1,016,000,000
Employees: 52,000
6. Cardinal Health (medical segment)
Revenues: $16,000,000,000
Research and development spend: Not available
Employees: Not available
7. Siemens Healthineers
Revenues: $15,581,570,000
Research and development spend: Not available
Employees: Not available
8. Danaher (life sciences, diagnostics and dental segment)
Revenues: $14,360,900,000
Research and development spend: $939,100,000
Employees: Not available
9. Henry Schein
Revenues: $12,461,543,000
Research and development spend: Not available
Employees: 22,000
10. Stryker
Revenues: $12,444,000,000
Research and development spend: $787,000,000
Employees: 33,000