The healthcare equipment manufacturers on our 2025 IW U.S. 500 list produce a dizzying array of healthcare products. The top ten companies by revenue on our list make everything from prefilled syringes and IV tubing to spinal-cord implants and robotic surgeons.
Abbott Laboratories dominated the list of our top ten healthcare equipment manufacturers this year as its net income surged dramatically. The company pulled in $41.95 billion in revenue and $13.4 million in net revenue, the latter an increase of 134% from last year. By comparison, runner-up Stryker Corp. brought in about half that much revenue ($22.59 billion) and about a fifth of Abbott’s net income ($2.99 million). Six out of the top ten companies on our list were in the black in 2024, though one company, Baxter International Inc., saw net income drop by 124%.
For more details on the individual companies in our list of top healthcare equipment manufacturers, read on.
About the Author
Ryan Secard
Associate Editor
Ryan Secard joined Endeavor B2B in 2020 as a news editor for IndustryWeek. He currently contributes to IW, American Machinist, Foundry Management & Technology, and Plant Services on breaking manufacturing news, new products, plant openings and closures, and labor issues in manufacturing.