Top 10 Medical Companies in the World in 2021 by Number of Pipeline Products
Abbott Diagnostics, Roche Diagnostics International Ltd, Ab Sciex Pte Ltd, Boston Scientific Corp, and Thermo Fisher Scientific Inc are the top 5 companies in the world in 2021 by the number of pipeline products. Cumulatively, the top 10 companies in the world had 1,455 pipeline products, Abbott Diagnostics had the highest number of pipeline products (270), followed by Roche Diagnostics International Ltd (238) and Ab Sciex Pte Ltd (193), while Seegene Inc (88) stood the lowest. In terms of the geographical split, 4 out of 10 companies in the world are based in Europe, while 4 are based in North America, and the remaining 2 are based in Asia. They employed a total of 343,615 people in 2021. The United States of America-based Abbott Diagnostics Ltd is one of the leading medical companies in the world in 2021 by the number of pipeline products. It is a subsidiary of Abbott Laboratories, which manufactures in vitro diagnostic systems and tests, and offers various core laboratory products, molecular point-of-care products, transfusion medicine, professional services, and a diagnostics portfolio. The company had 270 pipeline products in 2021. The company markets its products through Abbott-owned distribution centers, public warehouses, and third-party distributors. Switzerland-based Roche Diagnostics International Ltd is another leading company in the world in 2021 by the number of pipeline products. It provides diagnostic system solutions to clinics, laboratories, and doctors’ offices. Its major products include instruments and software systems, diagnostic analysis systems and workflow solutions, and molecular diagnostic reagents and test systems. The company had 238 pipeline products and generated revenue of $19,431 million. The company operates through four business units: Centralized and Point of Care Solutions, Molecular Diagnostics, Diabetes Care, and Tissue Diagnostics in Europe, the Middle East, Africa, Latin America, North America, Asia-Pacific, and Japan, and employed 2,600 people.