100 largest medtech companies

The magazine used Securities and Exchange Commission filings, its own reporting and that of its affiliates to compile the rankings.

1. Medtronic: $31.7 billion
2. Johnson & Johnson MedTech: $27.1 billion
3. Siemens Healthineers: $20.5 billion
4. Royal Philips: $20.3 billion
5. Medline Industries: $20.2 billion
6. GE HealthCare: $17.7 billion
7. Stryker: $17.1 billion
8. Cardinal Health (medical segment): $15.9 billion
9. Abbott (medical device segment): $14.4 billion
10. Baxter: $12.8 billion
11. Henry Schein: $12.4 billion
12. Boston Scientific: $11.9 billion
13. Owens & Minor: $9.8 billion
14. BD (medical segment): $9.5 billion
15. B. Braun Melsungen: $9.3 billion
16. 3M Co. (healthcare segment): $9.1 billion
17. Alcon: $8.2 billion
18. Fujifilm Holdings (healthcare only): $7.3 billion
19. Zimmer Biomet (minus ZimVie spinoff): $6.8 billion
20. Olympus (medical business): $6.7 billion
21. Terumo: $6.4 billion
22. Intuitive Surgical: $5.7 billion
23. Hologic: $5.6 billion
24. Edwards Lifesciences: $5.2 billion
25. Smith+Nephew: $5.2 billion
26. Steris: $4.6 billion
27. Fresenius Medical Care (healthcare products): $4.4 billion
28. Canon Medical: $4.4 billion
29. Dentsply Sirona: $4.3 billion
30. BioMérieux: $4 billion
31. Align Technology: $4 billion
32. Mindray: $3.9 billion
33. Hoya (life care segment): $3.7 billion
34. Sonova: $3.7 billion
35. ResMed: $3.6 billion
36. Nipro (medical segment): $3.4 billion
37. Getinge: $3.2 billion
38. Coloplast: $3 billion
39. Demant: $2.9 billion
40. Bio-Rad: $2.9 billion
41. Cooper Cos.: $2.9 billion
42. Teleflex: $2.8 billion
43. Paul Hartmann: $2.7 billion
44. HU Group: $2.5 billion
45. Dexcom: $2.4 billion
46. Dräger (medical division): $2.4 billion
47. Bruker: $2.4 billion
48. Cook Medical: $2.3 billion
49. Amplifon: $2.3 billion
50. Straumann: $2.2 billion
51. ConvaTec: $2 billion
52. Carl Zeiss Meditec: $2 billion
53. Nihon Kohden: $1.9 billion
54. Elekta: $1.7 billion
55. Integra Lifesciences: $1.5 billion
56. Enovis (formerly Colfax’s medical technology segment, DJO): $1.4 billion 
57. ICU Medical: $1.3 billion
58. Masimo: $1.2 billion
59. Cochlear: $1.2 billion
60. Integer: $1.2 billion
61. Omron Healthcare: $1.2 billion
62. Fukuda Denshi: $1.2 billion
63. Fisher & Paykel Healthcare: $1.2 billion
64. NuVasive: $1.1 billion
65. Insulet: $1.1 billion
66. Merit Medical Systems: $1 billion
67. LivaNova: $1 billion
68. Abiomed: $1 billion
69. ZimVie (formerly Zimmer Biomet’s spine and dental business): $1 billion
70. Conmed: $1 billion
71. Konica Minolta (healthcare segment): $1 billion
72. Haemonetics: $993.2 million
73. Globus Medical: $958.1 million
74. Invacare: $872.5 million
75. GN Hearing: $849 million
76. Cordis: $788 million
77. MicroPort: $778.6 million
78. Avanos Medical: $744.6 million
79. Össur: $719 million
80. Asahi Intecc (medical field segment): $667.8 million
81. Nikkiso (medical segment): $665.9 million
82. Ambu: $613.8 million
83. Agfa-Gevaert (radiology solutions segment): $547.5 million
84. Novocure: $535 million
85. JMS Co.: $529.6 million
86. Topcon (eye care business): $520.2 million
87. Natus Medical: $473.4 million
88. Orthofix: $464.5 million
89. Accuray: $429.9 million
90. Medacta: $428.5 million
91. Nevro: $386.9 million
92. iRhythm: $322.8 million
93. Barco (healthcare division): $308.6 million
94. Artivion (formerly CryoLife): $298.8 million
95. Glaukos: $294 million
96. Inari Medical: $277 million
97. AtriCure: $274.3 million
98. Alphatec: $243.2 million
99. Shockwave Medical: $237.1 million
100. Cardiovascular Systems: $236.2 million