Top 10 Medical Device Manufacturing Companies in USA

Medical devices are a boon to the Healthcare Industry, aiding in diagnosing, prognosis, and treating ailments. The United States houses many prominent manufacturers who produce various medical devices essential for accurate disease detection and effective treatment.

Manufacturers in the U.S. create various instruments, including diagnostic and imaging equipment, implant devices, therapeutic devices, monitoring devices, laboratory equipment, and digital health devices. They integrate advanced technologies like analytics, machine learning, cloud technology, and the Internet of Things to enhance these devices. Connecting with these key players is crucial for businesses in the healthcare sector.

Read through the blog to gain more insights on how MedicoLeads, a leading provider of healthcare data solutions, saves your time and efforts by offering a comprehensive Medical Device Manufacturers email list. This list makes it easier to reach decision-makers and professionals within this dynamic industry.

Statistics About the Medical Device Manufacturing Companies in USA

According to statistical analysis, there are 1413 companies manufacturing and supplying medical devices in the United States of America alone. The industry’s value hit a record of 170 billion USD in 2023.

Data Sampling and Analysis determined that Cardiology devices generated a revenue of approximately 24 billion USD, which took up a revenue share of 14.12% in 2023, whereas the orthopedic devices sales generated a revenue of 15.3 billion USD.

Statistics project the United States medical devices market to grow and reach a revenue of 245 billion USD by 2027; Grand View Research estimates the industry’s market trajectory to project a CAGR of 5.8% by 2030.

While Fortune Business Insights estimates the growth of the industry to grow from 192.78 billion in revenue in 2023 to 291.04 billion by 2030, which predicts a CAGR of 6.1%

Top 10 Medical Device Manufacturing Companies in USA

1. Johnson and Johnson

Johnson & Johnson is a world leader in healthcare, boasting a diverse portfolio that encompasses medical devices, pharmaceuticals, and consumer health products. The company excels in innovation, particularly in orthopedics and cardiovascular devices, and has a strong commitment to research and development. Their medical devices span a range of technologies and address some of the most challenging medical issues existing today.

CEO: Joaquin Duato
Revenue: Approximately $94.9 billion (2022)
Headquarters: New Brunswick, New Jersey, USA
Employee Size: Around 141,700

2. Abbott

Abbott is known for its pioneering products in diagnostics, medical devices, nutritional’s, and branded generic pharmaceuticals. The company’s medical devices focus on cardiovascular, diabetes, and neuromodulation with groundbreaking technologies like the implantable cardioverter defibrillator and glucose monitoring systems.

CEO: Robert B. Ford
Revenue: Approximately $43.7 billion (2022)
Headquarters: Abbott Park, Illinois, USA
Employee Size: About 113,000

3. Medtronic

Medtronic operates across more than 150 countries, offering devices and therapies to treat more than 70 health conditions. Their broad range of medical technologies, including cardiac and vascular devices, restorative therapies, and diabetes management solutions, helps to treat nearly 40 million patients (about twice the population of New York) each year.

CEO: Geoff Martha
Revenue: Approximately $31.7 billion (2022)
Headquarters: Dublin, Ireland; Operational Headquarters in Minneapolis, Minnesota, USA
Employee Size: Approximately 90,000

4. Baxter International

Baxter International is a frontrunner in the development of products that save and sustain lives. They are particularly known for their innovative renal and hospital products, including home dialysis machines, as well as intravenous solutions and other critical care products.

CEO: José E. Almeida
Revenue: Around $14.2 billion (2022)
Headquarters: Deerfield, Illinois, USA
Employee Size: About 50,000

5. Boston Scientific

Boston Scientific is committed to revolutionizing healthcare with groundbreaking medical solutions that enhance patient outcomes globally. They excel in interventional cardiology, endoscopy, and urology products and are at the forefront of pioneering new technologies, including minimally invasive surgeries.

CEO: Michael F. Mahoney
Revenue: Approximately $12.5 billion (2022)
Headquarters: Marlborough, Massachusetts, USA
Employee Size: Approximately 38,000

6. G.E. HealthCare

GE HealthCare is a premier leader in medical imaging and information technologies, patient monitoring systems, drug discovery, and biopharmaceutical manufacturing technologies. They are known for their commitment to providing cutting-edge equipment that enables better diagnostics and patient care.

CEO: Peter Arduini
Revenue: Around $18.3 billion (2022)
Headquarters: Chicago, Illinois, USA
Employee Size: Over 54,000

7. Stryker

Stryker’s offerings of medical and surgical equipment and neurotechnology and spine products make it a leader in medical technology. Their products, such as joint replacement implants, surgical equipment, and neurosurgical devices, are designed to speed up patient recovery time and improve the outcome.

CEO: Kevin A. Lobo
Revenue: Approximately $17.1 billion (2022)
Headquarters: Kalamazoo, Michigan, USA
Employee Size: About 46,000

8. BD

BD focuses on enhancing healthcare safety and the efficiency of medicine delivery and diagnostics. With a broad range of medical supplies, laboratory equipment, and diagnostic products, BD is pivotal in advancing the world of health by providing complete solutions that improve care while lowering costs.

CEO: Thomas E. Polen Jr.
Revenue: Approximately $19.6 billion (2022)
Headquarters: Franklin Lakes, New Jersey, USA
Employee Size: Around 75,000

9. Edwards Lifesciences

Edwards Lifesciences spearheads patient-centric innovations in structural heart disease treatment and critical care monitoring. They are particularly known for their leadership in heart valve therapy and are a significant player in advancing the treatment of heart valve diseases globally.

CEO: Michael A. Mussallem
Revenue: About $5.4 billion (2022)
Headquarters: Irvine, California, USA
Employee Size: Approximately 15,800

10. Philips Healthcare Informatics

Philips Healthcare Informatics provides a wide range of healthcare solutions focusing on improving patient care, clinical outcomes, and patient management efficiency. Their technology solutions include advanced imaging for diagnostics, patient monitoring systems, and health informatics that deliver integrated, patient-centered technology solutions.

CEO: Frans van Houten
Revenue: Approximately $19 billion (2022, Philips overall)
Headquarters: Amsterdam, Netherlands; Major operations in Andover, Massachusetts
Employee Size: Philips overall employs around 78,000 globally

The Best Way to Reach Medical Device Manufacturing Companies

One of the most effective ways to reach out to these top companies is by getting your hands on a well-curated list of Medical Device Manufacturers from us. MedicoLeads is one such leading provider of healthcare data solutions that has multiple unique features, all of which help improve the success rate of your outreach efforts. This list is a valuable resource for connecting directly with decision makers and professionals within the medical device manufacturing sector, enabling businesses to establish valuable connections and drive growth in this dynamic healthcare market space.

Conclusion

While there are many healthcare device manufacturers, very few stand out due to their exceptional vision and commitment to providing products designed to improve the quality of service the healthcare industry provides. MedicoLeads helps you identify these manufacturers and provides the details essential to connect with them, establish your connections, and promote your business with absolute accuracy.