Major Clinical Device Companies in 2010

Here’s another great example of why you have to be active on LinkedIn:  it’s a tremendous resource for medical laboratory device industry stats.  I recently asked about what were the big pharmaceutical device companies by revenue or employees (I love my LinkedIn groups!).  I got some interesting answers and wanted to share Them with you.  (Of course, it’s a little different than the list of the Big 10 Laboratory Device Companies from last year.)

This is from one awesome contributor:

Using the NAICS code for Medical Equipment and Supplies Manufacturing, Hoover’s lists the following big 10 in terms of revenue:

United States Surgical Corp.
Boston Scientific
Becton, Dickinson and Co.
Stryker Corp.
CareFusion Corp.
Zimmer Holdings
Synthes Inc.
Medline Industries
C.R. Bard
Biomet

And in terms of employees:

Fresenius Pharmaceutical Care Holdings
Becton, Dickinson and Co.
Tyco Healthcare Group
Baxter Healthcare Corp.
CareFusion Corp.
Teleflex Inc.
Guidant Sales Corp.
Mallinckrodt Inc.
C.R. Bard Inc.
Dentsply Intl.

And this is from another, who broke it down into pharmaceutical instruments/supplies companies and medical appliances/equipment companies:

Here are the top 10 laboratory instruments/supplies companies by revenue:

Baxter International Inc. Commo [BAX] $12.6 B
Covidien plc. Ordinary Shares ( [COV] $10.9 B
Boston Scientific Corporation C [BSX] $8.2 B
Becton, Dickinson and Company C [BDX] $7.4 B
Stryker Corporation Common Stoc [SYK] $6.7 B
Alcon Inc Common Shares [ACL] $6.5 B
CareFusion Corporation Common S [CFN] $3.7 B
C.R. Bard, Inc. Common Stock [BCR] $2.5 B
Teleflex Incorporated Common St [TFX] $2.2 B
DENTSPLY International Inc. [XRAY] $2.2 B

And the top 10 pharmaceutical appliances/equipment companies:

Medtronic Inc. Common Stock [MDT] $15.1 B
St. Jude Clinical, Inc. Common S [STJ] $4.7 B
Zimmer Holdings, Inc. Common St [ZMH] $4.1 B
Smith & Nephew SNATS, Inc. Comm [SNN] $3.8 B
Varian Medical Systems, Inc. Co [VAR] $2.2 B
Kinetic Concepts, Inc. Common S [KCI] $2.0 B
Invacare Corporation Common Sto [IVC] $1.7 B
Hologic, Inc. [HOLX] $1.6 B
Edwards Lifesciences Corporatio [EW] $1.3 B
STERIS Corporation Common Stock [STE] $1.3 B

These lists can be great resources when you’re looking for a job in clinical device revenue.  But don’t just choose a company based on revenue or size.  Each company has its own advantages/disadvantages.  Bigger companies can be very stable and provide many opportunities to move up the ladder, as well as offer awesome benefits, but can be too-big bureaucracies that micromanage their sales reps.  Smaller companies can offer more flexibility and independence, but can be regarded as less stable than a top company (but that’s not always so).

Would you like more information?  Check out this free report on the top 100 medical companies (with a unique section on medical device companies) from the Medical Revenue Recruiter.  I’ve put together a list based on the numbers, but added my own comments based on years of experience working and recruiting with these companies.  It’s the inside scoop.

Click this link to discover out who’s hiring in clinical device sales.

If you’re trying to transition into clinical device sales, please check out the How to Get Into Pharmaceutical Sales kit for step-by-step coaching through the process of landing a medical device sales job.

Article courtesy of  Peggy McKee - Owner / Senior Recruiter at the nationally
recognized clinical and clinical sales recruiting team of PHC Consulting.
© Copyright 2008 PHC Consulting | All rights reserved

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Top Medical Device Companies in 2010