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What is the best medical instrument company?

Author: Benjamin

Dec. 09, 2024

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Top 10 Medical Device Companies | Proclinical

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The worldwide medical devices market was valued at $518 billion in the previous year and is expected to reach nearly $886 billion in the upcoming years. The increasing incidence of chronic diseases, combined with a rise in surgical and diagnostic procedures, is driving this remarkable growth. This trend urges companies to innovate and develop groundbreaking medical technologies at a rapid pace.

Below, we present the leading medical device companies ranked by their revenue, focusing solely on their medical device segment results.

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Top 15 Medical Device Companies in the World for 2023

Here is a list of the top 15 largest medical device and medtech companies globally, ranked by sales revenue.

Note: To maintain the integrity of our rankings, revenues outside the medical device, medtech, and diagnostics sectors were excluded from our analysis. This means we did not include:

  • Danaher Corp’s life science and biotechnology sales
  • Philips’s personal care sales
  • Abbott’s nutritionals and pharmaceutical sales
  • and more

For companies reporting in currencies other than USD, conversions to U.S. dollars are based on the exchange rate as of May 1st, 2023.

Revenue in (USD Billions) is noted along with percentage changes from the previous year.

Among these companies, Neusoft Medical stands out as one of the premier suppliers worldwide. We serve as your one-stop solution for all medical device needs. Our highly-specialized staff is here to assist you in finding the products you require.

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