Medical devices have revolutionized the healthcare industry, making diagnosis, prognosis, and treatment more precise and efficient. The United States is home to numerous medical manufacturing companies that develop cutting-edge devices essential for accurate disease detection and effective treatment. Have you ever wondered how these medical device companies leverage advanced technology to enhance healthcare solutions?
From diagnostic imaging and implantable devices to therapeutic tools and digital health solutions, U.S. manufacturers produce a wide range of essential medical instruments. They incorporate the latest innovations, such as analytics, machine learning, cloud computing, and the Internet of Things, to improve device functionality and patient care. These advancements make it crucial for businesses in the healthcare sector to connect with top manufacturers and stay ahead of industry trends.
In this article, we highlight the top 10 medical device companies in the USA for 2025, exploring their latest advancements, market impact, and what makes them industry leaders. Whether you’re a healthcare professional, investor, or industry enthusiast, this list will give you valuable insights into the key players shaping the future of medical technology.
List of Medical Device Manufacturing Companies in USA
Have you come across the top medical device 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.
Meanwhile, 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%.
Now, let’s check out more about the medical equipment manufacturing companies in USA.
Top 10 Medical Device 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. It is one of the popular health care products manufacturing companies across the world. 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 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.
Bottom Line
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. So, what are you still thinking? Get our medical device manufacturing email list and level up your outreach strategy with ease!
