Abbott has overtaken Medtronic as the largest medical devicemaker in the world, according to Medical Product Outsourcing's 2023 report.
Here are the top 15 medical device companies by revenue:
1. Abbott: $31.27 billion
2. Medtronic: $31.23 billion
3. Johnson & Johnson: $27.43 billion
4. Siemens Healthineers: $21.13 billion
5. BD: $18.87 billion
6. GE HealthCare: $18.46 billion
7. Stryker: $18.45 billion
8. Philips: $16.50 billion
9. Cardinal Health: $15.89 billion
10. Baxter: $15.11 billion
11. Boston Scientific: $12.68 billion
12. Essilor Luxottica: $12.55 billion
13. Danaher: $10.85 billion
14. B. Braun: $9.07 billion
15. Alcon: $8.65 billion