![](/remote/aHR0cHM6Ly9naWVjZG4uYmxvYi5jb3JlLndpbmRvd3MubmV0L2ZpbGV1cGxvYWRzL3B1YmxpY2F0aW9ucy8yMS9pc3N1ZXMvMTAzNDQ1L2FydGljbGVzL2ltYWdlcy9tZWRpY2FsLWRldmljZS1pbmR1c3RyeS0yMDE0LXRvZGF5cy1tZWRpY2FsLWRldmVsb3BtZW50cy5wbmc.Uw7yBAvPPzc.png?w=948&h=533&format=webp&mode=pad&anchor=middlecenter&scale=both&bgcolor=F0F1F2)
GIE Media Inc./Today's Medical Developments Magazine
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Top 10 device areas by sales
- In vitro diagnostics
- Cardiology
- Diagnostic imaging
- Orthopedics
- Ophthalmics
- General and plastic surgery
- Endoscopy
- Drug delivery
- Dental
- Diabetes care
2024 Projections
In vitro diagnostics
Remain #1; annual sales to $79.6 billion; 13.4% industry share
Neurology
Fastest-growing device specialty; sales to $15.8 billion; expanding at 9.1% CAGR
Slowest-growing segments
Diagnostic imaging
Orthopedics
CAGR of 3.7% between 2017 and 2024
Largest medtech company by 2017 sales
#1 MEDTRONIC – $29.7 BILLION; FORECAST OF $38.9 BILLION IN 2024
#2 DePuy Synthes (Johnson & Johnson) – $26.6 billion
#3 Philips Healthcare – $20.7 billion
#4 Fresenius – $20.7 billion
#5 GE Healthcare – $19.1 billion
#6 Siemens Healthineers – $16.5 billion
#7 Cardinal Health – $13.5 billion
#8 Stryker – $12.4 billion
#9 Becton Dickinson – $12.1 billion
#10 Baxter – $10.6 billion
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