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- Top Five Medical Device Companies in the World
  Medical Device CompaniesThe medical device industry is a rapidly growing market giving focus towards a healthier life and quality of health. The rapid growth can be due to the high demand from the complex needs of patients and life science companies. The market has grown to nearly $457 Billion in the past two years. Here we look at the 5 most well-known medical device companies in the world in no particular order. Johnson & Johnson Johnson & Johnson’s medical devices include a range of products that are widely used in surgery, eye health, and orthopedic health fields. Founded in 1886 by Robert Wood Johnson and his brothers, it is one of the leading medical companies in the world. Starting out with producing surgical dressings for hospitals they now cover many spectrums around medicine and health care. Their headquarters are based in New Jersey in the USA. Siemens Healthlineers Siemens Healthlineers was founded by Werner von Siemens and Johann Georg Halske in Berlin in 1847. Their company is a mother company for several other medical device companies in the world. The company’s first invention was made by Werner von Siemens, and it was called the pointer telegraph. Its headquarters are in Germany, and they employ over 45,000 people. Medtronic The company was founded in 1949 by Earl Baker and Palmer Hermundslie in Ireland. Its headquarters are based in Minnesota Canada. The majority of its profits are gained from the USA by trading medical devices. The company started out as a medical equipment repair shop and later grew into one of the most successful medical device companies in the world. Medtronic operates in more than 140 countries and employs over 86,000 people. Boston Scientific Boston Scientific provides the majority of its focus towards interventional treatment medical devices. The company was found in 1979 in Massachusetts. Soon after starting up, they acquired many other tech companies in the medical industry and grew into the powerhouse medical device company they are today. They are known for being an outstanding company to work for and employ people from over 130 countries. Phillips Phillips was found in 1891 by father and son Frederick and Gerard Phillips. The company has its headquarters in Amsterdam and is a Dutch corporation. Since they started up, they have been producing electronic equipment over 2 main sectors being lighting and healthcare. They operate across 100 countries employing about 74,000 people....

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