2022 Revenues ($USD) : $20,200,000,000
2022 R&D spend : n/a
2022 Number of Employees : 30,000
Fiscal Year End : 12/31/2021
Company CEO : Charles Mills, CEO

Privately held Medline Industries is moving up in this year’s Big 100 report of the largest medical device companies. Sales grew nearly 15% to $20.2 billion last year. The medtech manufacturer and distributor added more than 230 healthcare providers to its prime vendor partnerships. Meanwhile, Blackstone, Carlyle and Hellman & Friedman made a multibillion-dollar investment in Medline, with the Mills family remaining the largest single shareholder. Medline is spending $1.5 billion on new distribution centers, manufacturing capabilities and IT upgrades. –CN