At the end of January 2021, the ProClinical portal published a rating of the largest healthcare providers. The experts took the sales volumes of companies in 2019 as the basis of their report.
Cardinal Health – $ 15.4 billion
The American company Cardinal Health offers pharmaceuticals, other medical products, and services. In fiscal 2020, the company’s revenues in the medical segment declined slightly. With year-on-year growth down 1% due to the adverse effects of the pandemic.
Becton Dickinson & Company – $ 17.3 billion
Beckton Dickinson & Company (BD) is an American corporation that creates and exchanges medical tools, instrumental methods. BD’s Medical Division grew 8% thanks to analysis and improvement of new drugs. Medtronic, Johnson & Johnson, Thermo Fisher Scientific heads in the medical tools business.
Siemens Healthineers – $ 19 billion
Siemens Healthineers, headquartered in Germany, is the medical arm of the Siemens automation and electrical conglomerate. The organization plans to renew its portfolio and expand production in all three core segments. They are diagnostic and advanced therapy.
Fresenius Medical Care – $ 19 billion
The German company Fresenius is a leading supplier of dialysis goods and services with a great number of workers in over 100 countries. The purchase and implementation of the NxStage home dialysis system have significantly increased the company’s productivity. Fresenius’s stable business model has helped the company grow even amid the COVID-19 pandemic.
Philips – $ 19 billion
Philips is a diversified technology association. Philips Medical Division is responsible for 42% of the company’s global revenue and is divided into three main areas. They are diagnosis and treatment, patient care, and personal health. Philips has unveiled a strategic plan to further accelerate growth through geographic expansion, technology innovation, organic investment, and partnerships.
GE Healthcare – $ 19.9 billion
GE Healthcare is renowned for its imaging, ultrasound, and healthcare solutions. The company’s healthcare sales are growing on the strength of the Life Care Solutions business. GE Healthcare has also completed a number of deals to enter the 3D printing, surgical robotics, and virtual nursing markets.
Abbott – $ 20 billion
The American corporation Abbot supplies pharmaceutical tools and outcomes to more than 160 countries. The company has 107,000 employees worldwide and is renowned for its revolutionary products. It is observable in diagnostics, medical devices, nutrition, and branded generics.
Thermo Fisher Scientific – $ 25.5 billion
The American company Thermo Fisher Scientific is focused on medical diagnostics and consists of four main segments. They are Life Sciences Solutions, Analytical Instruments, Specialized Diagnostics, and Laboratory Services.
Johnson & Johnson – $ 26 billion
Johnson & Johnson manufactures a wide spectrum of goods used in orthopedics, surgery, interventional care, and eye health. The company plans to improve its technology innovation portfolio through donations and strategic partnerships.
Medtronic – $ 28.9 billion
Medtronic remains the most comprehensive medical equipment manufacturer in the world. The company has more than 90,000 employees in 150 countries and continues to optimize new medical technologies. Besides, engage in research and development and capture emerging markets.