In Mar 2019, Baxter collaborated with BioMerieux to develop Biomarkers for Acute Kidney Injury (AKI). Investor Relations. Additionally, Apr in 2019, Cardinal Health collaborated with PANTHERx Specialty Pharmacy to strengthen its cell and gene therapy capabilities. In Feb 2019, J&J signed an agreement with AdoRx Therapeutics to develop therapies for lung cancer while focusing for the expansion of its footprints in oncology using AdoRx’s fit-for-purpose adenosine receptor antagonists. Lessons learned from the global coronavirus pandemic. Medical Device Revenue: $5.29B                                          Total Employees: ~205,000, Founded Year: 1891                                                                      Stock Exchange: NYSE, Market Cap: ~$56.68B                                                               Headquarters: Illinois, United States. In Nov 2019, Boston Scientific acquired BTG with its Interventional Medicine Portfolio to strengthen its minimally invasive treatments including TheraSphere Y-90 radiotherapy, GALI cryoablation and EKOS Endovascular System for treatment of cancer and vascular diseases. Next>> (See a new crop of startups pitch to investors during MassMEDIC’st Medtech Showcase at DeviceTalks Boston, June 5–6, 2019.) Consistent advances in pharmaceuticals and the medical field have saved millions of lives and improved many others. Olympus also has a portfolio of multiple technologies like Optical, Opto-Digital, Precision including Bioscience and Digital Imaging. Fresenius Medical Care is a global healthcare firm offering solutions in lifesaving medicines, biosimilars and technologies for infusion, transfusion, and clinical nutrition. JOHNSON & JOHNSON (NYSE: JNJ) … The company’s medical device department focuses on Orthopedics and Cardiovascular Diseases. In Oct 2018 Essilor merged with Luxottica and renamed as EssilorLuxottica. In Sep 2019, Baxter acquired Seprafilm Adhesion Barriers from Sanofi for $0.35B and in Dec 2019, Baxter acquired Cheetah Medical for $0.23B. In Aug 2019, the company planned to acquire Dutch rival GrandVision for $8B, while buying 76.72% stake for $31.71 per share. Boston Scientific Corporation is a global developer, manufacturer, and marketer of medical devices used for interventional medical specialties. Medical Device Revenue: $7.98B                                            Total Employees: ~19,900, Founded Year: 1927                                                                    Stock Exchange: NYSE, Market Cap: ~$25.23                                                               Headquarters: Indiana, United States. Medtronic, Thermo Fisher Scientific and HCA Healthcare take top place among the largest healthcare companies, according to the 2019 Forbes … Medical Device Revenue: $7.36B                                            Total Employees: ~20,000, Founded Year: 1945                                                                   Stock Exchange: SIX, Market Cap: ~$30.37B                                                                Headquarters: Hunenberg, Switzerland. From industry employment to venture capital investment to notable industry suppliers, read on and discover how the medical device industry’s top states compare. Smith+Nephew is a UK based medical technology company which is divided into three global franchises of Orthopedics, Advanced Wound Management, Sports Medicine & ENT. B. Braun Melsungen AG is a German medical and pharmaceutical device company offering a portfolio of anesthesia, intensive care, cardiology, extracorporeal blood treatment, and surgery. 1. Medical Editorial: See which companies lead the pack in the medtech industry with our free 2019 ranking of the top 100 public medical device and diagnostics companies by sales. The Healthcare Technology Report is pleased to announced The Top 25 Medical Device Executives of 2019. Top 100 Medical Device Companies in 2020. Assembly and automation experts discuss the market forces and technology trends affecting the industries. Royal Philips is a diversified company focusing on improving public health with meaningful innovation offering treatments at a lower cost. Medtronic remains the largest medical device company in the world. GE Healthcare is a leading global wholly owned subsidiary of General Electric Company focused on the development, manufacturing, and commercialization of healthcare technologies. Coming Clean: What's Next for Packaging and Sterilization? As such, with 2019 nearing its end, here the Investing News Network takes a look back at the top performing NASDAQ medical device stocks year-to-date. Virtual healthcare delivery is flourishing due to the COVID-19 pandemic, but will it persist once the crisis has subsided? In the fields of biosimilars, the portfolio offers treatments for autoimmune diseases and oncology. Presence in the US: Medtronic’s operational headquarters are based in … In Oct 2019, Danaher sold its Life Science Portfolio to Sartorius for $750M which included label-free biomolecular characterization (FortéBio), chromatography hardware and resins, and microcarriers (SoloHill) businesses with the focus to strengthen Sartorius’ presence in bio-analytics and bioprocessing segments. Cardinal Health is an American multinational health care services company offering customized solutions for hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices worldwide. Medical Device Revenue: $12.99B                                          Total Employees: ~ 70,093, Founded Year: 1895                                                                    Stock Exchange: NYSE, Market Cap: ~$68.96B                                                                Headquarters: New Jersey, United States. Baxter is an American health care company focuses on products to treat hemophilia, kidney disease, immune disorders, and other chronic and acute medical conditions. $30.56B 2. 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The Medical device market is growing with evolving needs of patients and with their emerging diseases encouraging them to develop novel and innovative therapies or devices for maintaining quality of life. Alcon’s surgical portfolio includes technologies and devices for cataract, retinal, refractive surgery, ATIOLs to treat cataracts and refractive errors, like presbyopia and astigmatism. Becton, Dickinson, and Company (BD) is a global American medical technology company that manufactures and sells medical devices instrument systems, and reagents. Medical Device Revenue: $15.63B                                          Total Employees: ~49,500, Founded Year: 1971                                                                     Stock Exchange: NYSE, Market Cap: ~$15.53B                                                                 Headquarters: Ohio, United States. PharmaShots has compiled a list of top 20 medical device companies based on their 2019 medical device revenue. In Feb 2020, Medtronic acquired Digital Surgery, a company enhanced in surgical AI, data and analytics, and digital education to enrich its robotic-assisted surgery platform and AI capabilities. Like Johnson & Johnson, Abbott Laboratories isn't focused only on medical devices. Medical Device Revenue: $19.62B                                           Total Employees: ~120,659, Founded Year: 1996                                                                     Stock Exchange: ETR, Market Cap: ~$24.73B                                                                   Headquarters: Bad Homburg, Germany. Source: Company annual reports, SEC filings, press releases, and company websites, Market Cap source: Google finance (as on 22nd May 2020), Realated News: Top 20 Medical Device Companies Based on 2018 Revenue. Medical Device Revenue: $12.23B                                            Total Employees: ~107,000, Founded Year: 1900                                                                      Stock Exchange: NYSE, Market Cap: ~$159.89B                                                                Headquarters: Illinois, United States. Abbott Laboratories. In May 2019, the company planned to initiate OPTION Study for its Watchman FLX device for the reduction of stroke risk in post-AF ablation. J&J is an American multinational medical device, pharmaceutical, and consumer packaged goods manufacturing company. Here are the top 10 new medical technologies in 2019: To take 3D printing up another notch, bio-printing is also an emerging medical technology. You can obtain detailed information about the use of cookies on our website by clicking on "More information”. GE Healthcare "Medtronic is the Top-selling Medical Devices Company" The presence of several players at global as well as region levels has rendered the global medical devices market highly fragmented. The portfolio offers devices used to deliver I.V. The company specializes in developing, marketing the high-tech medical devices and manufacturing equipment’s. The FDA categorizes medical devices into three classes: low, medium, and high risk. In Jul 2019, Abbott’s MitraClip G4 received the US FDA’s approval to treat mitral regurgitation. Any articles written by her can be contacted at connect@pharmashots.com. Additionally, in May 2019, the company acquired Vertiflex for its Superion Indirect Decompression System. Number of Employees: 36,000. 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Stryker 2018 revenue: $13.6 billion The world’s largest orthopedic medical device company is enjoying momentum at the start of the year. The U.S. Food and Drug Administration (FDA) defines a medical device in broad terms. About 47% of all medical devices fall under this category. The global brain monitoring device market is expected to be one of the fastest growing segments in the global medical device market in 2019. $19.78B 4. All rights reserved. The following accomplished individuals were selected based on a successful track record in the industry both in terms of product portfolios managed as well as departments led. 1. The top medical device consulting companies bring extensive experience and consulting expertise to help manufacturers in areas like regulatory and 510k submissions, services for understanding medical device materials chemistry and materials, validation, covering devices, processes, along with meeting compliance requirements. In Sep 2019, the company with its partner Philips launched Onvision for real-time needle tip tracking in regional anesthesia. 6) The European medical device market has been growing on average by 4,3% per annum over the past 10 years. Combination products and drug delivery devices aid in patient compliance and a movement toward point-of-care at home. Medtronic has always been one of the top medical device companies in the world over the past decades. With a workforce of over 90,000,... 2. What are the biggest medical device stocks in 2019? In Sep 2019, Medtronics’ Envision Pro Continuous Glucose Monitoring System received CE Mark for patients with either T1 & T2 diabetes to accurately measure glucose level and its trends over time to develop an optimal diabetes therapy plan. With a definition that expansive in scope, you'd expect that ther… GE Healthcare also have an AIR Technology, AI-based technology for intelligent MR slice presentation using artificial neural networks delivering consistent and accurate scans. Danaher is focused on the design, manufacturing, and marketing of industrial and consumer products. There were enough small- to mid-sized deals to keep analysts interested, but the largest deal of last year—Boston Scientific’s $4.2 billion purchase of U.K.-based BTG plc—doesn’t seem as significant in the wake of several mergers valued in the tens of billions. In Sep 2019, Abbott collaborated with Sanofi to develop tools integrating their blood sugar tracking and insulin delivery technologies to help diabetes patients in managing their conditions. Roche Highlights its Bispecific Antibody Portfolio Across a Range of Blood Cancers at ASH 2020, Amgen’s Sotorasib Receives the US FDA’s Breakthrough Therapy Designation for Advanced or Metastatic NSCLC with KRAS G12C Mutation, Medtronic Launches Carpediem as the First Pediatric and Neonatal Acute Dialysis Machine in the US, AstraZeneca Reports Results of AZD1222 in Interim Analysis of P-lll Program for COVID-19, Novartis’ Asciminib (ABL001) Demonstrate Superiority Over Pfizer’s Bosulif in Chronic Myeloid Leukemia Trial. Demand fell in 2009 due to the economic crisis, resulting in a growth rate of only 1%. There are many types of medical devices, such as syringes, catheters, dressings, sutures, scalpels, medical gloves, tubing, glucose meters, insulin pens, pregnancy tests, wheelchairs, and eye patches. Philips Healthcare has focused their research and development efforts to develop new approaches in the areas of radiology, cardiology, oncology, decision support, home health, respiratory and other critical areas. The companies’ medical products unit portfolio contains intravenous products used in the delivery of fluids and drugs to patients, inhalational anesthetics, contract manufacturing services, including products to treat end-stage renal disease and hemodialysis. To assist healthcare organizations in the task of finding accomplished cardiovascular device companies, we have compiled this issue of MedTech Outlook. The still-smoldering ethylene oxide controversy is inspiring more sustainable, cost-effective, and biologically safe solutions from packaging and sterilization. While medical device companies track the impacts of the new Congress, changes in FDA regulations, and U.S.-China relations, the industry remains focused on redefining health care. Information in the report includes the following: Company name Exchange ticker Exchange 2019 revenue Market capitalization 52-week high and low stock prices Headquarters address Website Download the free report today! In Aug 2019, the company’s PrisMax System received the Health Canada approval to maximize the treatment in intensive care unit. Top 10 Medical Device Companies in the World 2019 Medtronic plc. Revenue per Employee: $298,000. In Feb 2020, J&J signed a collaboration agreement with Apple to launch Heartline Study App in the US. She has in-depth knowledge of the life sciences industry including the Pharma and Biotech sectors. The Healthcare Supply Chain Top 25 for 2019 Published: 13 November 2019 ID: G00450862 Analyst(s): Eric O'Daffer, Stephen Meyer, Andrew Knight Summary In its 11th year, the Healthcare Supply Chain Top 25 highlights supply chains that successfully advance healthcare by improving patient outcomes and controlling costs. Medtronic currently ranks as the number one in the Top Medical Device Companies in the World based on 2019 revenue. In Apr 2019, the company launched its Surpass Evolve, a next generation flow diverter to treat brain aneurysms post the CE Mark, in the EU. In Oct 2019, Philips signed an agreement with Air Ambulance Kent Surrey Sussex for providing emergency services in the UK. Alcon is a global leader in eye care business and having a complementary business in Surgical and Vision Care, to treat disorders related to the eye. This is our inaugural year publishing this awards feature. Medical Device Revenue: $5.72B                                            Total Employees: ~35,124, Founded Year: 1919                                                                   Stock Exchange: TKO, Market Cap: ~$21.59B                                                               Headquarters: Tokyo, Japan. 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