RANKINGS

Key list: leading companies globally by R&D expenditure

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This month, our new medical device industry key list brings you the 15 largest medical companies globally by R&D expenditure as ranked by GlobalData's Medical Intelligence Centre. All numbers as of March 2021.

Company name

Headquarters location

No. of employees    R&D expenditure     

Medtronic Plc

Ireland93,7922,330

Johnson & Johnson

US132,2002,028

3M Co

US96,1631,874

Koninklijke Philips NV

Netherlands81,5921,771

F. Hoffmann-La Roche Ltd

Switzerland101,4651,563

Siemens Healthineers AG

Germany54,3001,487

Abbott Laboratories

US107,0001,200

Boston Scientific Corp

US36,0001,174

Danaher Corp

US60,0001,126

Becton Dickinson and Co

US70,093

1,062

GE Healthcare

US56,0001,019

Thermo Fisher Scientific Inc

US75,0001,003

Stryker Corp

US70,093971

Edwards Lifesciences Corp

US13,900753

Fresenius SE & Co KGaA

Germany

294,134

675