Medtronic plc is the largest medical device company by revenue.
Leading the Medical Device Market
Based on the 2023 rankings, Medtronic plc holds the top position as the largest medical device company worldwide, reporting a revenue of $31.56 billion. This establishes them as a dominant force in the global healthcare technology sector.
The top companies in the medical device industry by revenue for 2023 are:
| Ranking | Company | Revenue (2023) |
|---|---|---|
| 1 | Medtronic plc | $31.56B |
| 2 | Abbott Laboratories | $31.27B |
| 3 | Danaher Corporation | $29.57B |
| 4 | Johnson & Johnson | $27.40B |
These rankings underscore the significant financial scale of these enterprises within the medical technology landscape. Medtronic, headquartered in Ireland, is known for its broad portfolio of medical therapies and technologies. Their extensive offerings span critical areas such as cardiovascular health, surgical innovations, diabetes management, and neuroscience solutions, addressing a wide array of global health needs.
For more information on leading companies in the sector, you can refer to resources like The Top Medical Device Companies of 2023.
