Medtronic remains at the top, but Johnson & Johnson MedTech is now a close second in the Medtech Big 100 list of largest medical device companies. Could we see a new No. 1 company in next year’s Medtech Big 100 report? Time will tell. But in the meantime, this year’s edition of Medical Design & […]
Medline Industries Inc.
Ecolab closes $950M sale of surgical solutions business to Medline
Ecolab announced today that it completed the sale of its global surgical solutions business to Medline for approximately $950 million. In April, the companies announced that they struck a deal that would give Medline access to Ecolab’s line of Microtek sterile operating room drapes and more. Other offerings include operating room equipment and Ecolab’s fluid […]
Medline enters deal to acquire Ecolab’s global surgical solutions business
Medline today announced it entered into a definitive agreement to acquire Ecolab’s global surgical solutions business. Upon closure of the deal, the acquisition will give Medline access to Ecolab’s Microtek product lines, sterile drape solutions for surgeons, patients and operating room equipment and Ecolab’s fluid temperature management system. The company said it wants to “build […]
What are the largest medical device companies?
Medtronic, Johnson & Johnson MedTech and Siemens Healthineers again lead the Medtech Big 100 list of largest medical device companies. However, there is so much more to Medical Design & Outsourcing and MassDevice‘s 2023 edition of the Medtech Big 100 report. We pulled thousands of data points to provide information on annual revenue, R&D spending, […]
Medline is having a leadership transition at the top
Medline announced today that it is promoting from within to fill CEO and president positions opening up at the privately-held medtech giant. Jim Boyle is taking over the corner office at Medline, effective Oct. 1. Boyle has been at Medline since 1996 and has served as EVP since 2018, managing the company’s customer base of […]
These 10 medical device companies have the most revenue per employee
One way to measure medical device companies’ efficiency is to calculate revenue per employee. While compiling corporate data for MassDevice and Medical Design & Outsourcing‘s recent Medtech Big 100 report on the largest medical device companies, we took the companies reporting headcounts. Then, we divided the revenue by the number of workers. When it comes […]
What are the largest medical device companies?
Medtronic, Johnson & Johnson MedTech and Siemens Healthineers top the Big 100 list of largest medical device companies by revenue. The 2022 edition of MassDevice and Medical Design & Outsourcing‘s Big 100 report also holds surprises. Big conglomerates are spinning out medtech businesses as stand-alone companies, and that means changes to the list of the […]
Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. […]
Medline Industries revenue up nearly 15% in 2021
Medline Industries’ sales grew nearly 15% to $20.1 billion last year as the medtech manufacturer and distributor added more than 230 additional healthcare providers to its prime vendor partnerships. The new relationships, announced today, were worth nearly $2 billion in annual, incremental sales of medical supplies and services spanning the care continuum. The new health […]
Teleflex completes respiratory asset sale to Medline
Teleflex (NYSE:TFX) announced that it completed the divestiture of a significant portion of its respiratory business to Medline Industries. Wayne, Pa.-based Teleflex announced last month that it agreed to sell a significant portion of its respiratory business to Medline for $286 million, reduced by $12 million of working capital to be retained by Teleflex. The […]
Private equity firms making majority investment in Medline
Medline Industries will stay a privately-held, family-run medtech giant after a majority investment from private equity firms. Blackstone, Carlyle and Hellman & Friedman are making the investment in Medline, which media reports peg at $34 billion. Get the full story on our sister site Medical Design & Outsourcing.
