Top Medical and Surgical Equipment Manufacturers in the U.S.

4 MIN. READ

In a press briefing today, President Donald Trump announced plans to invoke the Defense Production Act of 1950 to help ramp up production of much needed supplies during the coronavirus pandemic. This is welcome news for hospitals and clinics as grows as the number of infections increase globally and the need for medical and protective equipment grows. Currently, the call is for supplies such as hospital gowns, gloves, masks, ventilators and the like. The Defense Production was initally established and provides the federal government unusual authority to mandate increased production of material needed for the national defense. 

Surgical and medical instruments are lifesaving devices that have to be manufactured to the highest standards. So who makes this type of equipment? Today, we're going to take look at some of the top medical and surgical equipment manufactures in the U.S. 

First, let's take a look at the industry as a whole

U.S. Medical and Surgical Equipment Manufacturing Industry

The medical and surgical equipment industry remains strong and has the full confidence of industry analysts and investors. Uncertainty has prevailed among companies that manufacture in China. Some are looking at other nations for production needs because they have similar production costs, but lower tariff rates. Others have decided that building domestically is a better option because it gives them better control of their intellectual property, fewer language barriers and reduced shipping delays.

According to data collected by MNI, compiler of the industrial data that powers IndustryNet, the industry comprises 1,480 companies employing 168,963 people, with current sales of more than $263 billion. The number of employees has risen 2.48% over last year and sales remain strong but flat, registering only a 0.11% increase during that time. Regardless of the limited growth, the industry remains a hotbed of innovation and investment.

Largest U.S. Medical and Surgical Equipment Manufacturers

Here are the nine largest companies as measured by the number of on-site employees.

About the Largest U.S. Medical Equipment Manufacturers

1. Edward's Lifesciences Corp.

Location: Irvine, Calif.

Employees on site: 4,000

Edward's Lifesciences has led the way in the use of bovine tissue heart valves. It also produces hemodynamic monitoring systems, cardiac surgery instruments and critical-care technology.

2. Cardinal Health, Inc.

Location: Dublin, Ohio

Employees: 4,000

Every year, the company builds or purchases more than 2.5 billion health care instruments and products, ranging from latex gloves to operating-room procedural kits. It also manages health care logistics and business solutions.

3. Terumo BCT, Inc.

Location: Lakewood, Colo.

Employees: 3,000

A leader in blood collection, separation and processing, Terumo also provides contract-manufacturing for other companies that require FDA-approved facilities.

4. SHL Pharma LLC

Location: Deerfield Beach, Fla.

Employees: 3,000

SHL's specialty is designing, developing and manufacturing drug-delivery devices. Two examples are auto injectors and inhalers.

5. Boston Scientific Corp.

Location: Maple Grove, Minn.

Employees: 3,000

The firm manufactures medical instruments used in coronary-stent delivery, balloon catheters, embolic-protection filters and vascular-sealing devices. In 2017, two of the company's new products were nominated for the Prix Galen award honoring outstanding achievements in biomedical technology.

6. Pfizer Inc.

Location: Rocky Mount, N.C.

Employees: 3,000

Part of the international medical conglomerate Pfizer, the Rocky Mount site is assigned the production of intravenous treatment solutions and disposable hospital supplies.

7. Stryker Instruments

Location: Kalamazoo, Mich.

Employees: 2,600

Starting in 1941 when Dr. Homer Stryker saw a need for better-quality orthopedic instruments, Stryker Instruments has become one of the world's largest medical suppliers. Its focus remains on orthopedic instruments along with medical, surgical, spinal and neurological devices.

8. Medtronic Diabetes

Location: Northridge, Calif.

Employees: 2,400

As evidenced by its name, Medtronic Diabetes manufactures supplies and devices to support the treatment of diabetes patients. Its product line includes glucose-monitoring systems, injection ports and insulin pumps.

9. Medtronic Inc.

Location: North Haven, Conn.

Employees on site: 2,200

This Medtronic unit builds nearly every type of medical and surgical instrument a doctor could need. It offers unique solutions such as its cordless ultrasonic dissection system and PillCam endoscopy capsules.

For More Information

IndustryNet can help you find the right supplier for your medical equipment needs. Providing data on more than 400,000 manufacturers in 10,000-plus categories, IndustryNet can streamline your purchasing process.

Visitors to IndustryNet can set up a free user accounts, build custom lists of potential suppliers, send quote requests, download company catalogs, view company photo and video libraries, and more. Click here to start your free search. 

IndustryNet is also a direct path for U.S manufacturers to increase their visibility among domestic industrial procurers. Learn more about our marketing solutions.

 Article Sources:

https://www.medicaldesignandoutsourcing.com/the-u-s-china-trade-war-heres-what-it-means-for-medical-device-industry-suppliers/

https://www.investors.com/news/technology/medical-equipment-medtech-2019-preview/

https://consultqd.clevelandclinic.org/top-10-medical-innovations-for-2018-revealed/