Top 10 Medical Device Manufacturers

10 Best Medical Device Manufacturers

Medical device manufacturers have experienced unprecedented popularity during the pandemic.

These companies have designed and manufactured numerous testing and preventive devices that have helped millions stay safe.

These companies have helped patients and doctors with ventilators, testing kits, and face masks.

To create the list of the top medical device manufacturers, we considered several essential factors, including the company’s market impact, innovation, and contributions to medical device technology.

Top 10 Medical Device Manufacturers

Let’s take a quick look at the biggest medical device manufacturers in the US:

1 – Johnson & Johnson – US$ 369 billion

While Johnson & Johnson (J&J) generates significant revenue through pharmaceuticals and consumer health products, its medical devices segment also substantially contributes to its revenue.

The brand is currently the most prominent medical device manufacturer worldwide. It was also one of the largest publicly traded companies in terms of market cap.

Johnson & Johnson earns a total revenue of US$ 82 billion, with over 132,200 employees, and spends more than US$ 11 billion on research and development.

J & J mainly focuses on manufacturing medical devices required in ophthalmology, surgery, and orthopedics.

2- Abbott – US$ 144 billion

Abbott is a primary healthcare and medical device manufacturer in Chicago, Illinois. It was established over 130 years ago and has become a leader in the medical equipment industry.

Today, Abbott is ranked as the top manufacturer of cardiovascular devices, such as pacemakers, stents, replacement heart valves, etc.

The company is renowned for numerous technologies that are useful in diabetes care and general diagnostics.

The company received an EUA (Emergency Use Authorization) from the US FDA for its COVID-19 testing kits during the pandemic.

Abbott has a total revenue of US$ 30 billion, employs over 103,000 people worldwide, and operates in more than 60 countries.

3 – Medtronic – US$ 138 billion

Medtronic has been operational for over 65 years now. Today, it generates one of the most significant portions of total sales in the US healthcare system.

In 2020, Medtronic’s revenue was estimated to be US$ 30.5 billion, with over 100,000 employees working globally.

The company is renowned as one of the biggest medical device manufacturers.

It specializes in developing medical devices usually required in patient monitoring sectors, such as urological, respiratory, cardiovascular, orthopedic, etc.

Neurology is one of the sectors in which Medtronic rules the industry with its Percept PC system.

4 – Baxter – US$ 129 billion

Baxter is an Illinois-based healthcare company and one of the largest manufacturers of medical devices in the US. It boasts a total revenue worth US$ 11.1 billion and has around 50,000 employees worldwide.

Baxter specializes in manufacturing medical devices used mainly in the hospital, critical, dental, and surgical care sectors.

The Amia dialysis system is the flagship product from Baxter and is widely used to treat end-stage renal disorders for patients at home.

Baxter’s H1N1 influenza vaccine received EU clearance in 2009.

5 – Danaher – US$ 105 billion

Danaher collaborates with various organizations and industries, including life sciences and diagnostics sectors. It is based in the District of Columbia and headquartered in Washington, D.C.

Danaher ranks among the most prominent medical device manufacturers globally, with total revenue worth US$ 20 billion. Danaher has over 71,000 employees working for it in over 60 countries.

Danaher started as a real estate investment trust over 50 years ago.

In 1984, the company turned to manufacturing and is currently one of the largest medical device manufacturers in the world. Its majority of products are relevant to life sciences and the diagnostic sectors.

6 – General Electric – US$ 98 billion

General Electric (GE) is renowned for its vast range of electrical products. GE Healthcare, a subsidiary of General Electric, focuses on medical devices and healthcare solutions.

It had more than 200,000 people employed in its global operations. Its subsidiary, GE Healthcare, provides a wide range of medical devices.

GE Healthcare makes technologies that are used worldwide, from patient monitoring devices to diagnostic and drug delivery systems.

The brand has collaborated with other popular brands to ensure prompt design and development of groundbreaking diagnostic equipment.

7 – 3M Company – US$ 88 billion

3M Company started 120 years ago as a mining firm. It entered the healthcare industry in the 1950s, manufacturing the first asthma inhaler.

3M Company is a major manufacturer of N-95 masks, which were crucial during the 2020 pandemic.

3M Company is also the most prominent global seller of sterile packaging for the medical industry.

Currently, 3M Company has a total revenue of around US$ 32.8 billion and has over 93,000 employees working for it. The company reportedly spent around US$ 2 billion in research and development in 2019.

8 – Stryker – US$ 74 billion

Stryker is a Michigan-based manufacturer of surgical equipment, orthopedic implants, PPE kits, and neurotechnology applications.

The company was founded in 1941 to produce top-quality medical products. Today, the company has grown to be one of the biggest medical technology firms in the world.

Stryker reported around US$ 13.6 billion in revenue and employed more than 36,000 people.

The Mako Total Knee combines robotic arm-assisted technology and the Triathlon knee replacement implant.

9 – Becton Dickinson – US$ 67 billion

Becton Dickinson (BD) is a leading manufacturer of syringes and needles and supplied millions of injection devices worldwide during the 2020 pandemic.

The firm is based in New Jersey and works mainly in molecular diagnostics, surgery, infusion, and diabetes management.

Becton Dickinson reported total revenue worth US$ 17.3 billion in 2019 and employed over 70,000 people in more than 50 countries worldwide.

10 – Intuitive Surgical – US$ 65 billion

Intuitive Surgical is most renowned for offering particular medical technologies.

Its Da Vinci robotic surgery system allows surgeons to conduct surgeries remotely or on-site using the advanced robotic surgical system.

This system is currently used significantly to perform critical surgeries, such as cardiac valve replacement, prostatectomies, and gynecological surgeries.

Intuitive Surgical reported a total revenue of around US$ 3 billion in 2019 and employs more than 5,500 people.


This is a list of some of the leading medical device manufacturers globally. These companies have contributed significantly towards improving medical and surgical techniques.

Their efforts have helped treat tens of thousands of patients successfully and grow the companies to their renowned status.

See Also

Best Durable Equipment Suppliers

Pharmaceutical Company Grants

Covance Clinical Trials

Medical Device Clinical Trials

Walmart Food Pantry Grants

Grants for Hospitals

Where to Donate Medical Equipment

Current Version
November 15, 2023
Updated By
Andrea Morales G.
March 25, 2024
Updated By
Andrea Morales G.

Follow us