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Medical Devices Industry Description

The medical devices industry in the United States is a crucial sector that plays a significant role in healthcare delivery and patient treatment. It encompasses a wide range of products, including diagnostic equipment, surgical instruments, therapeutic devices, implants, and more. This industry is characterized by constant innovation, technological advancements, and stringent regulatory oversight to ensure patient safety and efficacy. The United States is one of the largest markets for medical devices globally, with a strong domestic manufacturing base and a robust export market. The industry is highly competitive, with numerous companies ranging from small startups to large multinational corporations. Some of the prominent American medical device companies include Medtronic, Johnson & Johnson, Abbott Laboratories, Boston Scientific, and GE Healthcare. The demand for medical devices is driven by various factors, including an aging population, increasing prevalence of chronic disea...

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6,300

COMPANIES

427 Billion

TOTAL VALUE

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Avg salary

Avg Salary in Medical Devices

$97,116

AVG SALARY

top companies

List of Companies

COMPANY NAME INDUSTRY LOCATION REVENUE EMPLOYEES

Medical Devices

United States, Minnesota

1 Billion and Over

10001+

About Medtronic

Medtronic plc is a global leader in medical technology, services, and solutions, renowned for its significant contributions to the healthcare industry. Founded in 1949 by Earl Bakken and Palmer Hermundslie in a garage in Minneapolis, the company has grown from a modest repair shop for medical equipment to a multinational corporation that operates in more than 150 countries worldwide. Medtronic's mission is to alleviate pain, restore health, and extend life for people around the globe. This mission is realized through its innovative products and therapies in areas such as cardiac and vascular diseases, diabetes, neurological and musculoskeletal conditions, and more. The company is credited with many firsts in the medical device industry, including the battery-powered pacemaker, which revolutionized the treatment of heart conditions. Did You Know? Earl Bakken, one of Medtronic's founders, was inspired to create the first wearable, battery-operated pacemaker following a blackout in M...

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Medical Devices

United States, New Jersey

1 Billion and Over

10001+

About Johnson & Johnson

Johnson & Johnson is a multinational corporation founded in 1886, headquartered in New Brunswick, New Jersey, USA. It is renowned for its wide range of consumer health products, medical devices, and pharmaceuticals, making it one of the world's most comprehensive and broadly based healthcare companies. The company was established by three brothers: Robert Wood Johnson I, James Wood Johnson, and Edward Mead Johnson, who embarked on their mission to create a line of ready-to-use sterile surgical dressings, revolutionizing the field of healthcare. Over the years, Johnson & Johnson has grown into a global behemoth, with its products sold in over 175 countries. The company operates through three main segments: Consumer Health, Pharmaceutical, and Medical Devices, each contributing significantly to its revenue. Some of its most iconic brands include Band-Aid, Tylenol, Johnson's Baby products, and Neutrogena. Did You Know? - Johnson & Johnson's commitment to innovation and healthcare ca...

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Medical Devices

United States, Illinois

1 Billion and Over

10001+

About Abbott

Abbott Laboratories is a global healthcare company that was founded by Dr. Wallace Calvin Abbott in 1888. Headquartered in Abbott Park, Illinois, USA, the company has grown to become a leader in the development, manufacture, and sale of a wide range of healthcare products, including medical devices, diagnostics, branded generic medicines, and nutritional products. Abbott Laboratories is renowned for its innovative approach to healthcare, with a commitment to improving lives through the development of products and technologies that span the breadth of healthcare. With a presence in more than 160 countries, Abbott's products serve millions of people worldwide. One of the company's significant contributions to healthcare is the development of the first-ever HIV blood screening test in 1985, which marked a pivotal moment in the fight against AIDS. Another notable innovation is the FreeStyle Libre, a revolutionary continuous glucose monitoring system for people with diabetes, which has...

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Medical Devices

United States, Massachusetts

1 Billion and Over

10001+

About Boston Scientific

Boston Scientific Corporation is a leading innovator in the medical device industry, renowned for its significant contributions to the development and manufacturing of medical devices used in a wide range of interventional medical specialties. Founded in 1979 by John Abele and Pete Nicholas, the company has its headquarters in Marlborough, Massachusetts, USA. Boston Scientific's mission is to transform lives through innovative medical solutions that improve the health of patients around the world. The company operates globally, providing a variety of products and services in areas such as cardiology, endoscopy, urology, pelvic health, and neuromodulation. Boston Scientific is credited with many firsts in the medical device industry, including pioneering the development of the stent, a device used to open clogged arteries, which has revolutionized the treatment of cardiovascular disease. Did You Know? Boston Scientific's commitment to innovation is underscored by its substantial ...

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Medical Devices

United States, Michigan

1 Billion and Over

10001+

About Stryker

Stryker Corporation, founded in 1941 by Dr. Homer Stryker, an orthopedic surgeon from Kalamazoo, Michigan, is a leading company in the medical technology industry. It specializes in designing and manufacturing a diverse range of innovative medical technologies, including implants used in joint replacement and trauma surgeries, surgical equipment and surgical navigation systems, endoscopic and communications systems, patient handling and emergency medical equipment, and neurosurgical, neurovascular, and spinal devices. Stryker's commitment to making healthcare better has driven its growth into one of the world's leading medical technology companies, with a presence in over 100 countries. The company's dedication to innovation is evident in its robust product portfolio, which is designed to improve clinical outcomes for patients and simplify the work of healthcare professionals. Did You Know? Stryker is named after its founder, Dr. Homer Stryker, whose inventions include the mobil...

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Medical Devices

United States, Indiana

1 Billion and Over

10001+

About Zimmer Biomet

Zimmer Biomet Holdings, Inc., commonly known as Zimmer Biomet, is a global leader in musculoskeletal healthcare. Founded in 1927 in Warsaw, Indiana, by Justin O. Zimmer, the company initially focused on aluminum splints. However, it has since evolved into a multinational entity that designs, manufactures, and markets orthopedic reconstructive products, sports medicine, biologics, extremities and trauma products, office-based technologies, spine, craniomaxillofacial and thoracic products, dental implants, and related surgical products. Zimmer Biomet's mission is to alleviate pain and improve the quality of life for people around the world. Their comprehensive portfolio and innovative solutions aim to advance patient care while delivering clinical and economic value to healthcare systems worldwide. Did You Know? - Zimmer Biomet's innovations include the development of the first locking plate system, a revolutionary advancement in fracture treatment. - The company has a significant ...

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Medical Devices

United States, New Jersey

1 Billion and Over

10001+

About BD

Becton, Dickinson and Company, commonly known as BD, is a global medical technology company that specializes in the development, manufacture, and sale of a wide range of medical devices, instrument systems, and reagents. Founded in 1897 by Maxwell Becton and Fairleigh S. Dickinson, the company has grown from a small two-man operation into a multinational corporation that serves healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry, and the general public. BD operates in nearly 50 countries and sells its products in over 190 countries, with a significant presence in the United States, Europe, Asia, and Latin America. The company is headquartered in Franklin Lakes, New Jersey, USA. Over the years, BD has been at the forefront of numerous medical innovations, including the development of the first-ever sterile, disposable syringe, a breakthrough that significantly reduced the risk of cross-contamination and has saved countless lives. Di...

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Medical Devices

United States, Illinois

1 Billion and Over

10001+

About GE HealthCare

GE Healthcare, a subsidiary of the American multinational conglomerate General Electric (GE), is a leading global medical technology and digital solutions innovator. The company's history dates back to 1893, with its roots intertwined with the invention of the X-ray machine. Over the years, GE Healthcare has expanded its portfolio to include a wide range of healthcare solutions, including medical imaging, diagnostics, patient monitoring systems, drug discovery, and biopharmaceutical manufacturing technologies. Headquartered in Chicago, Illinois, GE Healthcare operates in more than 160 countries worldwide. The company is dedicated to improving outcomes for healthcare providers and patients around the globe, focusing on areas such as precision health and digital solutions to drive efficiency and productivity in healthcare systems. Did You Know? - GE Healthcare played a pivotal role in the development of the first high-definition MRI system, revolutionizing the way doctors and resea...

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Medical Devices

Netherlands, North Holland

1 Billion and Over

10001+

About Philips

Philips Healthcare, a vital branch of the Dutch multinational conglomerate Philips, specializes in the development and manufacturing of medical devices and healthcare solutions. Founded in 1891 by Gerard Philips and his father Frederik in Eindhoven, Netherlands, Philips initially started as a company producing light bulbs. However, over the decades, it has significantly expanded its portfolio to include healthcare products, among other electronic items. Philips Healthcare is renowned for its wide range of medical devices and services, including imaging systems, patient monitoring devices, healthcare informatics, and ultrasound equipment. The company plays a pivotal role in global healthcare, with its products being used in hospitals and clinics around the world to improve patient outcomes and care efficiency. Did You Know? - Philips Healthcare was instrumental in the development of the first mobile defibrillator in 1961, which was a significant advancement in emergency medicine. ...

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Medical Devices

Germany, Bavaria

1 Billion and Over

10001+

About Siemens Healthineers

Siemens Healthineers, a prominent subsidiary of the global conglomerate Siemens AG, specializes in healthcare equipment and services. Founded in 1847 by Werner von Siemens and Johann Georg Halske, the company initially focused on telegraphy before expanding into various technological fields, including healthcare. Headquartered in Erlangen, Germany, Siemens Healthineers has established itself as a leader in medical diagnostics and therapeutic technologies, with a strong presence in over 70 countries. The company's portfolio includes a wide range of products, from medical imaging equipment, such as MRI and CT scanners, to laboratory diagnostics and advanced therapies that are pivotal in the treatment of diseases. Siemens Healthineers is also at the forefront of digital health services and enterprise services, providing innovative solutions that improve patient care and operational efficiency for healthcare providers. Did You Know? Siemens Healthineers played a crucial role in the ...

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Industry Overview

The health and wellness industry in the United States is a vast and rapidly growing sector that encompasses a wide range of products, services, and practices aimed at promoting physical, mental, and emotional well-being. It is a multi-billion dollar industry that has experienced significant growth over the years, driven by increasing consumer awareness and demand for healthier lifestyles. One of the key components of the health and wellness industry is the healthcare sector, which includes hospitals, clinics, medical practitioners, and pharmaceutical companies. The United States has one of the largest healthcare systems in the world, with a focus on advanced medical technology, research, and specialized treatments. The industry is heavily regulated and governed by various federal and state laws to ensure quality, safety, and accessibility of healthcare services. In addition to traditional healthcare, the health and wellness industry also encompasses various complementary and alter...

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FAQ

FAQs

The top Medical Devices companies in the US are Medtronic, Johnson & Johnson and Abbott. To view a full list of companies in this industry, please sign in to CIENCE GO Data.

The companies are ranked based on factors such as revenue, workforce (employee count), and regional location.

There are approximately 6317 of Medical Devices companies in the US according to the latest CIENCE data.

The median revenue for Medical Devices companies in the US is 7500000.

The average revenue for Medical Devices companies is 68029524.

You can find job opportunities in the Medical Devices through online job portals, company websites, and industry-specific job fairs. Each company listed in the CIENCE database includes known company phone numbers and website information.

The Medical Devices companies are located across United States.

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