Top 10 Big Medical Companies in Europe in 2021 by Revenue

Novartis AG, Bayer AG, GSK plc, Sanofi, and Fresenius SE & Co KGaA are the top 5 big medical companies in Europe in 2021 by revenue. Cumulatively, the top 10 big medical companies in Europe generated revenue of $379,172 million, with average revenue growth of 12.6%, where the highest revenue was generated by Novartis AG ($52,877 million), followed by Bayer AG ($52,124 million), GSK plc ($46,924 million), while the lowest increase was registered by Novo Nordisk AS ($22,391 million). As of FY2021, the highest revenue increase among the top 10 big medical companies in Europe was posted by AstraZeneca Plc (40.6%), followed by EssilorLuxottica SA (37.4%), while GSK plc registered the lowest revenue growth of 0.04%. They employed a total of 1,192,159 people in 2021. Switzerland-based Novartis AG is the leading big medical company in Europe (by revenue). The company reported revenues of $52,877 million for the fiscal year ended December 2021 (FY2021), an increase of 6% over FY2020, due to an increase in product sales. The company is a healthcare company that focuses on the discovery, development, manufacture, and marketing of prescription and generic pharmaceutical products and eye care products. Novartis has around 60 manufacturing plants in its Innovative Medicines and Sandoz segments and employs 108,000 people. Bayer AG is one of the leading big medical companies in Europe (by revenue). The company reported revenues of $52,124 million for the fiscal year ended December 2021 (FY2021), an increase of 6.5% over FY2020, due to growth in sales of COVID-19-related products and new product launches. The company is engaged in the discovery, development, manufacturing, and commercialization of products for human health, and agriculture. It provides medicines for cardiovascular diseases, women’s health, cancer, hematology, ophthalmology, and other indications. It operates production facilities in over 143 sites across the world and employs 101,914 people.