News

10/02/2023

HealthTech Industry Update | Top 10 medical device companies in 2022

Kurt Neubauer

Kurt Neubauer

💰In 2021, the global medical devices market reached a value of nearly $488.98bn and is likely to reach an impressive US$718.92bn by 2029. 

🧑‍⚕️The ever-increasing prevalence of chronic diseases and the increased emphasis from healthcare providers to diagnose and treat diseases earlier is leading to a growing number of patients who are undergoing diagnostic and surgical procedures, which is in turn encouraging companies to improve, develop and create new innovative medical advancements.  

The Top 10 are:

➡️️ 10 Cardinal Health

➡️9 Stryker

➡️️ 8 GE Healthcare

➡️️7 Philips

➡️6 Fresenius Medical Care

➡️5 Siemens Healthineers

➡️4 Beckton Dickinson & Company

➡️3 Johnson & Johnson

➡️2 Abbott

➡️1 Medtronic

In this video, they are ranked the leading medical device companies by their 2021 revenue, looking at their medical devices segment results only!

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