Top 10 Big Medical Companies in APAC in 2021 by Revenue
LG Chem Ltd, Canon Inc, Fujifilm Holdings Corp, Konica Minolta Inc, and Olympus Corp are the top 5 big medical companies in APAC in 2021 by revenue. Cumulatively, the top 10 big medical companies in APAC generated revenue of $121,566 million, with average revenue growth of 4.3%, where the highest revenue was generated by LG Chem Ltd ($37,282 million), followed by Canon Inc ($31,278 million), Fujifilm Holdings Corp ($19519.09 million), while the lowest increase was registered by Shenzhen Mindray Bio-Medical Electronics Co Ltd ($3,918 million). As of FY2021, the highest revenue increase among the top 10 big medical companies in APAC was posted by LG Chem Ltd (41.9%), followed by Shenzhen Mindray Bio-Medical Electronics Co Ltd (20.2%), while Konica Minolta Inc reported a decline in its revenues by 13.3%. They employed a total of 473,414 people in 2021. South Korea-based LG Chem Ltd is the leading big medical company in APAC (by revenue). The company reported revenues of $37,282 million for the fiscal year ended December 2021 (FY2021), an increase of 41.9% over FY2020. The company is a chemical manufacturer. The company manufactures and markets petrochemicals, IT and electronic materials, and energy solutions. It serves diverse markets such as electrical and electronics, industrial materials, automobiles, and others. LG Chem employs 14,280 people. Canon Inc is one of the leading big medical companies in APAC (by revenue). The company reported revenues of $31,278 million for the fiscal year ended December 2021 (FY2021), an increase of 11.2% over FY2020. The company is a manufacturer of office, imaging systems, medical systems, and industry products. The company offers a comprehensive range of office multifunction devices (MFDs), laser multifunction printers (MFPs), inkjet printers, plain paper copying machines, and cameras. As of December 2021, Canon owned and operated 29 manufacturing plants in Japan and 13 in other countries. Canon Inc employs 184,034 people.