World’s 10 Largest MedTech Firms by Revenue 2020

Graph of the 10 largest MedTech firms by revenue in 2020. Medtronic is the largest by revenue, followed by Johnson & Johnson, Fresenius Medical Care, GE Healthcare, BD and others.

The graph above shows the 10 largest MedTech firms by revenue in 2020. Medtronic had a revenue of $28.9 billion (a decrease of 5% from 2019). Following the company are Johnson & Johnson, Fresenius Medical Care, GE Healthcare, BD (Becton & Dickinson), Siemens Healthcare, Philips, CardinalHealth, Stryker and Abbott.

The COVID pandemic led to a drop in sales for many of the world’s 10 largest MedTech firms as investments in healthcare were postponed. This backlog is expected to clear soon.

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World’s 10 Largest MedTech Firms by Revenue 2020

World’s 10 Largest MedTech Firms by Revenue 2020

World’s 10 Largest MedTech Firms by Revenue 2020