The best medical device companies to work for, by virtue of their role, act as a backbone of the healthcare ecosystem to empower healthcare professionals and improve overall patient care in the ever-changing healthcare environment.
These organizations form strategic alliances with other important market participants in order to investigate, develop, and use top-notch instruments that aid in the proper diagnosis and following best course of treatment, as well as to learn more about the situations of patients.
In the ever-evolving healthcare industry, medical device manufacturers are essential in creating state-of-the-art software for identifying, tracking, preventing, replacing, and altering physiological processes.
Optimizing operations, increasing efficiency, and finally giving patients’ demands first priority are the main goals of medical device firms.
In this instance, these companies invest a certain sum of money in research and the creation of technologically sophisticated and inventive items that support the growth of the healthcare sector as a whole.
Here are the 10 best medical device companies to work for in the US that are defining the future of the healthcare ecosystem by leveraging modern technology to improve overall patient care.
What Does a Medical Device Company Do?
The best medical device companies to work for can produce high-end medical products for the changing healthcare industry with the aim of providing solutions for advanced imaging, to make the diagnostic accuracy more precise, as well as inform the corresponding targeted treatment plans.
These advanced instruments enable healthcare professionals to broaden their horizons beyond geographical boundaries to make such solutions accessible to the hospitals situated in the rural settings.
With the anticipated rise of complex medical technologies, medical device companies become crucial partners that offer the pioneering solutions and are transferred to medical facilities worldwide.
Their commitment to innovations and ability to foresee developments make them prominent players in improved care and high standards of health care.
Read also – Top 10 SAP Friendly Trucking Companies in the USA
How Big is the US Medical Device Industry?
The US medical device market was estimated to be worth USD 192.78 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.1% to reach USD 291.04 billion by 2030.
The market is anticipated to increase as a result of the expanding population, the use of minimally invasive treatments, the rise in accidents, and the prevalence of chronic and lifestyle illnesses.
Best medical device companies to work for grow their clientele by expanding their businesses outside national borders through partnerships and acquisitions.
Medical device manufacturers and corporations may use healthcare email lists to reach important decision makers and top healthcare institutions in order to promote their goods and increase sales.
Who is the Best Medical Device Company to work for?
The market for medical devices has grown significantly over the years, as has the healthcare sector.
Innovative and technologically sophisticated medical gadgets that will aid in quicker diagnosis and early illness detection so that decisions can be made with knowledge are being supported and invested in by medical device businesses and important stakeholders.
But according to our list of the best medical device companies to work for, Medtronic is the best since it has been evaluated on a number of factors, including compliance, chemical and biological safety, and mechanical qualities like product functioning and durability to guarantee patient safety and comprehensive care.
10 Best Medical Device Companies to Work for in the US
Here we have listed the 10 best medical device companies to work for with real time data:
- Medtronic
- Abbott Laboratories
- Johnson & Johnson Medtech
- Siemens Healthineers
- Fresenius
- Becton, Dickinson & Company
- Philips Healthcare
- Roche Diagnostics
- Stryker
- GE Healthcare
1. Medtronic
- Annual revenue 2024: $31.69 billion
- Percent increase/decrease: 5.21% increase
Medtronic is one of the best medical device companies to work for. It holds the highest revenue in the industry.
Its success is driven by obtaining regulatory approvals and forming strategic partnerships with other MedTech companies, which have significantly contributed to its revenue growth and strengthened its market position.
One of its most promising innovations is the Symplicity Spyral Renal Denervation (RDN) system. This advanced technology is designed to manage hypertension by helping patients achieve target blood pressure ranges more efficiently.
Medtronic’s continuous focus on innovation and collaboration positions it at the forefront of medical technology advancements worldwide.
2. Abbott Laboratories
- Annual revenue for 2024: $31.27 billion
- Percent increase/decrease: 4.20% increase
Abbott Laboratories is one of the best medical device companies to work for, particularly in its division focused on medications and nutrition.
The company experienced significant growth in 2022, largely due to strong sales of its at-home COVID-19 self-testing kits.
Abbott’s commitment to innovation is reflected in the launch of over 125 new medications with FDA approval, boosting their market presence.
One of their most notable products is the Freestyle Libre 3, which they claim is the world’s smallest and most accurate glucose monitoring sensor.
Abbott’s emphasis on advanced technology and healthcare solutions makes it a leader in the industry.
Read also – 10 Companies that pay off title loans in 2025
3. Johnson & Johnson Medtech
- Annual revenue for 2024: $27.43 billion
- Percent increase/decrease: 1.36% Increase
Johnson & Johnson MedTech’s growing sales are largely driven by their commitment to innovation and strategic acquisitions.
A key move was the acquisition of Abiomed, enhancing their cardiovascular portfolio and contributing over $1 billion in annual revenue.
Another significant milestone was the FDA clearance for their subsidiary Acclarent Inc.’s TruDi Shaver Blade.
This advanced, electromagnetically navigated blade is designed for single use, aiding in the precise removal of soft and hard tissues during ENT and head and neck surgeries.
With a strong global infrastructure, innovation network, and trusted partnerships, Johnson & Johnson MedTech remains well-positioned to tackle future challenges.
4. Siemens Healthineers
- Annual revenue for 2024: €21.71 billion ($22.83 billion)
- Percent increase/decrease: 20.65% Increase
Siemens Healthineers is a global leader in designing, producing, and marketing diagnostic products and services, supporting healthcare professionals in over 180 countries.
The company’s primary revenue comes from imaging devices, followed by diagnostics. In 2022, Siemens Healthineers introduced the Artis Icono, a cutting-edge diagnostic device tailored for detecting cardiac arrhythmias and structural heart conditions.
This innovation strengthens their position in the medical imaging market. To further drive growth and technological advancements, Siemens Healthineers is exploring partnerships with other medical technology companies, reinforcing their commitment to enhancing healthcare solutions worldwide.
5. Fresenius Medical Care
- Annual revenue for 2024: €19.40 billion ($20.40 billion)
- Percent increase/decrease: 10.10% Increase
Fresenius Medical Care is a leading provider of renal disease-related products and services, recognized for its extensive patient care and publicly reported revenue.
The company’s primary revenue source comes from its dialysis care services, operating 4,116 dialysis centers across 50 countries.
Beyond dialysis, Fresenius Medical Care offers a range of healthcare services, including pharmacy services, value and risk-based care programs, and specialized treatments in vascular, cardiovascular, and endovascular fields.
Their comprehensive approach to patient care and commitment to innovation has solidified their position as a major player in the global healthcare market.
Read also – 11 Best Insurance Companies to Work for Remotely in 2025
6. Becton, Dickinson & Company
- Annual revenue for 2024: $18.87 billion
- Percent increase/decrease: 1.36% Decrease
Becton Dickinson (BD) experienced a revenue decline due to reduced demand for COVID-19 test kits and injections.
However, its Medication Delivery Solutions unit remained a significant growth driver, fueled by high demand for core products.
In 2022, the global sale of vascular care products and catheters contributed to revenue growth, with peripherally inserted intravenous catheters and flush products providing a competitive market edge.
BD continues to prioritize innovation, aiming to launch 25 new products within a year, reinforcing its commitment to advancing medical technology and maintaining its leadership in the healthcare sector.
7. Philips Healthcare
- Annual revenue for 2024: €17.83 billion ($18.75 billion)
- Percent increase/decrease: 3.91% Increase
Philips Healthcare, a global leader in health technology, faced significant challenges in 2022 due to execution issues, quality concerns, supply chain disruptions, and a complex operating model.
A major setback came from the recall of Respironics Sleep Therapy devices and ventilators, which affected the company’s reputation and financial performance.
However, a leadership change shifted the company’s focus toward performance enhancement and operational improvements.
Despite these challenges, Philips’ commitment to innovation remained strong. They launched the 12-lead electrocardiogram (ECG) machine, the first comprehensive at-home ECG solution, which strengthened their remote monitoring solutions portfolio and demonstrated their drive for cutting-edge healthcare technology.
8. Roche Diagnostics
- Annual revenue for 2024: ₣17.80 billion ($18.64 billion)
- Percent increase/decrease: 0.24% Decrease
Roche Diagnostics had a strong start in 2022, marked by the launch of seven platforms, nine digital solutions, and 24 tests, showcasing their commitment to innovation.
A key focus for Roche is personalized medicine, as reflected in their collaboration with Bristol Myers Squibb to advance tailored treatment solutions.
The company achieved full compliance with the In Vitro Diagnostic Regulation (IVDR) set by the European Union, ensuring the safety and efficacy of their products.
Roche is now focused on post-market surveillance to gather real-world data and prepare for the re-certification of their remaining products under these updated regulatory standards
9. Stryker
- Annual revenue for 2024: $18.45 billion
- Percent increase/decrease: 7.84% Increase
In 2022, Stryker introduced several groundbreaking medical innovations to enhance surgical precision and patient care.
One of their major advancements was the Shoulder iD Primary Reversed Glenoid, the first patient-matched, scalable implant for shoulder arthroplasty, offering personalized solutions for patients.
Additionally, they launched the PROstep MICA SOLO Guide, a specialized tool that aids surgeons in performing minimally invasive bunion procedures with greater accuracy.
In the Joint Replacement division, Stryker unveiled the Insignia Hip Stem, which is designed to optimize patient fit and improve outcomes for hip replacement surgeries.
These innovations reflect Stryker’s ongoing commitment to advancing medical technology.
Read also – 20 Companies that Hire at 14 in the US | Updated 2025 list
10. GE Healthcare
- Annual revenue for 2024: $18.34 billion
- Percent increase/decrease: 4.30% Increase
In 2022, GE Healthcare experienced significant revenue growth, primarily driven by its ultrasound and imaging sectors.
A major milestone occurred in November 2022, when the company officially separated from GE and became an independent entity, now known as GE Healthcare.
To further expand its ultrasound capabilities, the company acquired Caption Health, which provides AI-powered image guidance approved by the FDA to assist new users.
Additionally, GE Healthcare announced plans to acquire IMACTIS to enhance its interventional guidance technologies, strengthening its position as a leader in medical imaging and diagnostic solutions.
FAQs
What is the largest medical device company in the US?
Medtronic is the largest medical device company in the US. The company tops the list with a reported revenue of $31.69 billion in the fiscal year 2022.
What are some of the best medical device companies to work for?
Top medical device companies to work for include Medtronic, Stryker, Boston Scientific, Johnson & Johnson, and Abbott Laboratories, known for innovation, career growth, and employee satisfaction.
What benefits do medical device companies typically offer?
These companies often provide competitive salaries, healthcare benefits, retirement plans, paid time off, and professional development programs. Many also offer remote work options and wellness initiatives.
What skills are valued by medical device companies?
Key skills include technical expertise, regulatory knowledge, problem-solving, communication, and project management, especially in areas like engineering, sales, and quality assurance.
How do I find job openings at top medical device companies?
Check company career pages, LinkedIn, Glassdoor, and Indeed for the latest job listings. Networking and industry conferences can also provide valuable job leads.
Conclusion
The best medical device companies to work for listed above have witnessed an increased revenue in comparison with the previous year. The growing need for medical equipment in the healthcare sector is the main cause of this.
Businesses are advancing to secure development and a position in the market by integrating smart technologies and working with other manufacturers.
The market for medical devices is expanding rapidly. It becomes essential to harness the force of this always demanding market.
References
- Who are the top 10 medical device companies to work for
- Best Medical Devices Companies to Work for in North America 2025
