Largest medical device companies by market capitalization

By Nicole Green

Last Updated:

Rank Logo Name Ticker Market Cap Price Today % Country
1 Abbott Laboratories ABT $231.15 B $132.81 0.48% USA
2 Intuitive Surgical ISRG $162.93 B $454.52 3.02% USA
3 Boston Scientific BSX $158.97 B $107.29 0.22% USA
4 Stryker Corporation SYK $150.75 B $394.34 1.49% USA
5 Medtronic MDT $119.09 B $92.85 0.65% Ireland
6 Becton Dickinson BDX $54.82 B $191.26 0.87% USA
7 Edwards Lifesciences EW $47.53 B $80.96 0.32% USA
8 WuXi AppTec 2359.HK $45.64 B $13.97 7.31% China
9 Mindray 300760.SZ $40.54 B $32.70 2.22% China
10 ResMed RMD $40.08 B $273.81 1.71% USA
11 Alcon ALC $39.01 B $78.91 0.24% Switzerland
12 DexCom DXCM $31.67 B $80.76 2.33% USA
13 Terumo 4543.T $26.35 B $17.82 0.74% Japan
14 Insulet PODD $24.38 B $346.47 0.86% USA
15 Coloplast COLO-B.CO $21.34 B $96.32 0.48% Denmark
16 Zimmer Biomet ZBH $20.75 B $104.76 0.27% USA
17 Straumann STMN.SW $18.73 B $117.48 1.79% Switzerland
18 Sonova SOON.SW $17.58 B $295.07 1.93% Switzerland
19 Hologic HOLX $14.76 B $66.39 0.23% USA
20 Fisher & Paykel Healthcare FPH.NZ $12.82 B $21.84 0.54% New Zealand
21 Cochlear COH.AX $12.77 B $195.34 0.24% Australia
22 Penumbra PEN $10.90 B $279.72 3.71% USA
23 Align Technology ALGN $9.76 B $134.70 1.77% USA
24 Demant DEMANT.CO $8.02 B $37.47 1.18% Denmark
25 Ypsomed YPSN.SW $6.80 B $498.62 2.29% Switzerland
26 Convatec Group CTEC.L $6.53 B $3.21 1.27% UK
27 Getinge GETI-B.ST $6.00 B $22.10 2.10% Sweden
28 APT Medical 688617.SS $6.00 B $42.56 3.65% China
29 iRhythm (ZIO) IRTC $5.85 B $182.17 3.17% USA
30 Teleflex TFX $5.70 B $129.09 2.41% USA
31 Merit Medical MMSI $5.45 B $92.15 2.29% USA
32 Asahi Intecc 7747.T $4.89 B $18.23 0.19% Japan
33 Ambu AMBU-B.CO $3.97 B $14.84 0.63% Denmark
34 Amplifon AMP.MI $3.88 B $17.59 0.07% Italy
35 Integer Holdings ITGR $3.73 B $106.60 0.72% USA
36 TransMedics Group TMDX $3.54 B $104.05 2.70% USA
37 Medacta Group MOVE.SW $3.52 B $177.09 1.42% Switzerland
38 LivaNova LIVN $3.17 B $58.15 2.76% UK
39 ICU Medical ICUI $3.10 B $125.63 1.23% USA
40 Dentsply Sirona XRAY $2.85 B $14.33 3.02% USA
41 GN Store Nord GN.CO $2.55 B $17.41 0.45% Denmark
42 Inspire Medical Systems INSP $2.55 B $86.32 0.84% USA
43 LeMaitre Vascular LMAT $2.19 B $97.07 2.65% USA
44 Embla Medical EMBLA.CO $2.16 B $5.04 0.00% Iceland
45 PROCEPT BioRobotics PRCT $2.13 B $38.34 1.32% USA
46 Artivion AORT $2.07 B $44.03 1.64% USA
47 Elekta AB EKTA-B.ST $1.86 B $4.77 0.04% Sweden
48 Enovis ENOV $1.80 B $31.55 2.90% USA
49 AtriCure ATRC $1.77 B $35.66 2.56% USA
50 Nipro Corporation 8086.T $1.70 B $10.47 0.55% Japan
51 CONMED CNMD $1.69 B $54.69 3.44% USA
52 Medartis Holding MED.SW $1.40 B $113.01 1.83% Switzerland
53 Azenta AZTA $1.35 B $29.52 0.51% USA
54 Eckert & Ziegler EUZ.F $1.21 B $19.50 0.77% Germany
55 Establishment Labs ESTA $1.12 B $38.67 0.78% Costa Rica
56 EL.En. S.p.A. (Elen Group) ELN.MI $1.06 B $13.29 1.81% Italy
57 Pulse Biosciences PLSE $1.02 B $15.17 1.20% USA
58 IRadimed IRMD $0.91 B $72.14 2.18% USA
59 InMode INMD $0.91 B $14.41 0.69% Israel
60 Beta Bionics BBNX $0.87 B $20.10 2.13% USA
61 Kestra Medical Technologies KMTS $0.84 B $16.51 2.65% USA
62 Embecta EMBC $0.84 B $14.49 1.26% USA
63 Tandem Diabetes Care TNDM $0.83 B $12.39 0.32% USA
64 Revenio REG1V.HE $0.72 B $27.21 0.21% Finland
65 Japan Lifeline 7575.T $0.71 B $10.23 0.53% Japan
66 SI-BONE SIBN $0.70 B $16.35 0.80% USA
67 PolyNovo PNV.AX $0.66 B $0.96 3.90% Australia
68 Organogenesis ORGO $0.63 B $5.03 1.41% USA
69 Avanos Medical AVNS $0.58 B $12.66 2.51% USA
70 Orthofix Medical OFIX $0.58 B $14.70 0.34% USA
71 Synektik Spólka Akcyjna SNT.WA $0.56 B $66.25 2.03% Poland
72 Xvivo Perfusion AB XVIVO.ST $0.55 B $17.33 1.44% Sweden
73 ZimVie ZIMV $0.53 B $18.88 0.11% USA
74 Medmix MEDX.SW $0.53 B $13.01 0.00% Switzerland
75 OrthoPediatrics KIDS $0.51 B $20.71 0.91% USA
76 Cytek Biosciences CTKB $0.50 B $3.98 1.02% USA
77 SurModics SRDX $0.48 B $33.39 1.88% USA
78 Varex Imaging VREX $0.48 B $11.66 5.81% USA
79 Bioventus BVS $0.47 B $7.10 0.85% USA
80 Treace Medical Concepts TMCI $0.45 B $7.17 1.10% USA
81 AngioDynamics ANGO $0.43 B $10.73 1.04% USA
82 NIOX Group NIOX.L $0.41 B $0.99 0.27% UK
83 Abbott Laboratories (Pakistan) ABOT.PK $0.41 B $4.19 0.94% Pakistan
84 Butterfly Network BFLY $0.38 B $1.53 2.00% USA
85 Senseonics Holdings SENS $0.36 B $0.45 0.88% USA
86 RxSight RXST $0.36 B $8.47 4.72% USA
87 NeuroPace NPCE $0.31 B $9.61 2.67% USA
88 Sanara MedTech SMTI $0.30 B $34.04 1.58% USA
89 BrainsWay BWAY $0.30 B $15.97 1.85% Israel
90 Tactile Medical TCMD $0.29 B $13.42 1.36% USA
91 SofWave Medical SOFW.TA $0.29 B $8.24 0.95% Israel
92 TriSalus Life Sciences TLSI $0.25 B $5.15 3.41% USA
93 Cerus CERS $0.25 B $1.33 1.53% USA
94 Stereotaxis STXS $0.25 B $2.76 1.85% USA
95 Outset Medical OM $0.24 B $13.35 3.05% USA
96 Monogram Orthopaedics MGRM $0.24 B $5.94 1.16% USA
97 Nano-X Imaging NNOX $0.23 B $3.72 0.80% Israel
98 Stille AB STIL.ST $0.22 B $24.32 2.68% Sweden
99 Inogen INGN $0.21 B $8.12 3.05% USA
100 Nyxoah NYXH $0.21 B $5.70 3.06% Belgium

*This list highlights the leading companies in this category, ranked by their market value. Only publicly traded companies are included, since private companies don’t share enough financial details to estimate their value.

Market capitalization (or market cap) is the total value of a public company. It’s usually calculated by multiplying the company’s share price by the number of shares available.

Stock prices may not always be live and can be delayed from a few minutes to several hours.

All company logos are owned by their respective copyright holders and are shown here for editorial use only.