These 10 medical device companies spent the largest portion of their budgets on research and development. Here’s a look at what they produced.
Each year, Medical Design & Outsourcing compiles a list of the top 100 medical device companies across the globe and ranks the companies based on annual revenue for the most recent fiscal year. We also take into account research and development spending because it can provide an indication of where innovation is taking place in the industry.
According to our analysis, the majority of the companies that spent the biggest percentage of their revenues on R&D were companies in the lower quarter of the overall list, with Edwards Lifesciences and Dexcom being the exceptions.
Read on to discover the 10 medtech companies spending the largest portion of their budgets on R&D, as well as the new technologies they’re offering.