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Top 10 medical device companies offer metal stamping market opportunity
- May 18, 2020
- News Release
- Bending and Forming
Device manufacturers develop and produce equipment to diagnose, alleviate, and treat medical conditions. Stampings are used to make According to getreskilled.com, the top 10 medical device companies, in order of annual revenue, are Medtonic, Johnson & Johnson, GE Healthcare, Abbott, Philips, Fresenius, BD, Siemens, Cardinal Health, and Stryker.
1. Medtonic, $30.55 billion – devices to treat and manage chronic conditions
2. Johnson & Johnson, $26.00 billion – medical tools including surgical instruments
3. GE Healthcare, $21 billion – MR imaging and mammography equipment
4. Abbott, $19.9 billion – antibody testing and diabetes care devices
5 Philips, $19 billion – cardiovascular care equipment
6. Fresenius Medical Care, $19 billion – dialysis and hospital supplies
7. BD, $17.3 billion – diagnostic and care delivery equipment
8. Siemens, $15.9 billion – medical imaging and laboratory devices
9. Cardinal Health, $15.6 billion – bathroom safety, mobility, and exam room products
10. Stryker, $14.9 billion –surgical devices, bed frames, power tools, stretchers, and transport chairs
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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