IW US 500: Top Medical Equipment Manufacturers (slideshow)
Manufacturers of genetic sequencing equipment and Invisalign orthodontic devices, of robotic surgery machines and surgical sutures, landed in the medical-equipment category for 2022's IndustryWeek US 500.
Click through the slideshow to see the Top 10. The accompanying table lists all 17 medical-equipment manufacturers that made this year's list, along with the data that earned them a prime spot.
Rank | Primary Industry | Name | 2021 Revenue (in millions) | 2021 Profit Margin | 2021 Net Income (in millions) | 2021 Revenue Growth |
68 | Medical Equipment | Becton, Dickinson and Co. | $20,248 | 10.33% | $2,092 | 18.3% |
87 | Medical Equipment | Stryker Corp. | $17,108 | 11.66% | $1,994 | 19.2% |
112 | Medical Equipment | Baxter International Inc. | $12,784 | 10.04% | $1,284 | 9.5% |
120 | Medical Equipment | Boston Scientific Corp. | $11,888 | 8.76% | $1,041 | 19.9% |
162 | Medical Equipment | Zimmer Biomet Holdings Inc. | $7,836 | 5.12% | $402 | 11.6% |
209 | Medical Equipment | Intuitive Surgical Inc. | $5,710 | 29.85% | $1,705 | 31.0% |
236 | Medical Equipment | PerkinElmer Inc. | $5,067 | 18.61% | $943 | 34.0% |
257 | Medical Equipment | Illumina Inc. | $4,526 | 16.84% | $762 | 39.7% |
265 | Medical Equipment | Dentsply Sirona Inc. | $4,251 | 9.90% | $421 | 27.2% |
275 | Medical Equipment | Align Technology Inc. | $3,953 | 19.53% | $772 | 59.9% |
316 | Medical Equipment | ResMed Inc. | $3,197 | 14.84% | $475 | 8.1% |
328 | Medical Equipment | Vontier Corp. | $2,991 | 13.81% | $413 | 10.6% |
336 | Medical Equipment | Bio-Rad Laboratories Inc. | $2,923 | 145.28% | $4,246 | 14.8% |
335 | Medical Equipment | Cooper Companies Inc. | $2,923 | 100.76% | $2,945 | 20.2% |
357 | Medical Equipment | Envista Holdings Corp. | $2,509 | 13.57% | $341 | 30.1% |
450 | Medical Equipment | Integra LifeSciences Holdings Corp. | $1,542 | 10.96% | $169 | 12.4% |
481 | Medical Equipment | ICU Medical Inc. | $1,316 | 7.83% | $103 | 3.6% |
Data provided by Seeking Alpha and S&P Global.
About the Author

Laura Putre
Senior Editor, IndustryWeek
As senior editor, Laura Putre works with IndustryWeek's editorial contributors and reports on leadership and the automotive industry as they relate to manufacturing. She joined IndustryWeek in 2015 as a staff writer covering workforce issues.
Prior to IndustryWeek, Laura reported on the healthcare industry and covered local news. She was the editor of the Chicago Journal and a staff writer for Cleveland Scene. Her national bylines include The Guardian, Slate, Pacific-Standard and The Root.
Laura was a National Press Foundation fellow in 2022.
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