Top 10 most successful medical device companies

Shannon Lewis
|Jan 22|magazine1 min read

10. Baxter International – $10.16bn

Baxter International, Inc. is a healthcare company which mainly provides products related to renal systems, as well as dialysis and IV solutions. With a sales revenue of $10.16bn, and a market cap of $26.6bn according to Forbes, it provides medical devices for a wide range of markets, from hospitals and kidney dialysis centres to nursing homes and rehabilitation centres. It was launched in 1931 by physicians Dr. Ralph Falk and Dr. Don Baxter, and became the first manufacturer of commercially available IV solutions. Today, it employs 48,000 people, and is 454th on Forbes’ “Global 2000: World’s Best Employers”.