Top 10 Medical Companies in the Americas (excl. US) in 2021 by Revenue
Bausch Health Companies Inc, Venus Concept Inc, Opsens Inc, VitalHub Corp, and Covalon Technologies Ltd are the top 5 medical companies in the Americas (excl. US) in 2021 by revenue. Cumulatively, the top 10 medical companies in the Americas (excl. US) generated revenue of $8,639 million, with average revenue growth of 37.6%, where the highest revenue was generated by Bausch Health Companies Inc ($8,434 million), followed by Venus Concept Inc ($106 million), and the lowest increases were registered by Neovasc Inc ($3 million). The highest revenue growth was registered by VitalHub Corp (78.8%), followed by Microbix Biosystems Inc (76.7%), while Bausch Health Companies Inc registered the lowest revenue growth of 5.1%. None of the top 10 companies had a revenue decline in 2021. They employed a total of 20,578 people in 2021. The Canada-based Bausch Health Companies Inc is the leading medical company in the Americas (excl. US) (by revenue). The company reported revenues of $8,434 million for the fiscal year ended December 2021 (FY2021), an increase of 5.1% over FY2020, which was driven by an increase in sales volumes across the segment, primarily due to the positive impact of the recovery from the COVID-19 pandemic and relaxation of restrictions. The company is engaged in the manufacturing, development, and marketing of a range of medical devices, over-the-counter products (OTC), and pharmaceutical products. It has approximately 1,300 products in its product portfolio which are marketed directly or indirectly in over 100 countries. As of December 31, 2021, the company operates 36 manufacturing sites worldwide and employs 19,600 people. Venus Concept Inc is one of the leading medical companies in the Americas (excl. US) (by revenue). The company reported revenues of $106 million for the fiscal year ended December 2021 (FY2021), an increase of 35.9% over FY2020. The company is a medical device company that develops and manufactures non-invasive aesthetic equipment. It offers aesthetic devices such as Venus Swan, a non-invasive body contouring device used for reducing wrinkles, cellulite, and circumferential fat reduction and tightening the skin. The company employs 407 people.