UPDATE: Click here for our 2022 Medtech Big 100 ranking of the world’s largest medical device companies.
These are the heavy hitters of medtech, the 100 biggest companies in the medical device industry ranked by annual revenue. They have approximately $421 billion in combined sales, employ more than 1.4 million people and invest more than $24 billion per year in research and development.
Medical Design & Outsourcing collected thousands of data points to size up the industry’s publicly traded companies and privately held firms, including annual revenue, R&D spending, employee counts, key leaders, headquarters locations across the globe, and descriptions of each company — from Abbot to Zimmer Biomet.
This project draws on data from Securities and Exchange Commission filings, facts and figures shared directly with us by the companies, and news coverage from Medical Design & Outsourcing, MassDevice and other WTWH Media Life Sciences brands.
The majority of these companies operate on standard calendar years. The rest have fiscal years, for which we’ve collected data as recent as September 2021. (Medtronic’s fiscal year, for example, ended on April 30, 2021.)
Click through the listings below to learn more about the companies powering the global medical technology industry: