Top 10 Medical Companies in the World in 2021 by Number of Marketed Products

Medtronic Plc, Medline Industries Inc, Cook Medical Inc, Boston Scientific Corp, and Stryker Corp are the top 5 companies in the World in 2021 by the number of marketed products. Cumulatively, the 10 companies in the World marketed a total of 5,916 products, Medtronic Plc marketed 1,143 products, followed by Medline Industries Inc 851 and Cook Medical Inc 673, while Smith & Nephew Plc with 376 marketed products stood the lowest. In terms of the geographical split, 4 out of the top 10 companies in the world are based in North America, while 3 are based in Asia, and the remaining 3 are based in Europe. They employed a total of 354,200 people in 2021. Ireland-based Medtronic Plc is one of the leading companies in the world in 2021 by the number of marketed products. It is a medical technology company that designs, develops, manufactures, and markets a wide range of medical devices and solutions. It offers products for the treatment of heart valve disorders, heart failure, diseases of the coronary artery, aortic, peripheral vascular, venous renal and neurological diseases, spine and musculoskeletal disorders, and diseases of the ear, nose, and throat. The company generated revenue of $31,686 million in 2021, with revenue growth of 4.16% primarily due to the recovery of global procedural sales resulting from the pandemic and increased sales of Cardiac Rhythm Management and Cardiac Ablation Solutions products. The company operates through four reportable segments: Cardiovascular Portfolio, Medical Surgical Portfolio, Neuroscience Portfolio, and Diabetes Operating Unit, and operates through 350 locations in over 150 countries and employs 95,000 people. Germany-based Medline Industries Inc is one of the leading companies in the world in 2021 by the number of marketed products. It is a manufacturer and distributor of healthcare supplies in the US. The company offers products under various categories, including gloves, textiles, durable medical equipment, skin care, protective apparel, gauze, packs and gowns, bathing systems, surgical trays, and advanced wound care among others. The company marketed 851 products and generated revenue of $20,200 million in 2021. The company has around 45 distribution centers and 20 manufacturing facilities in North America and across the world.