The healthcare tech industry is growing at a rapid rate, with digital health worth approximately USD 350 billion. The top healthcare tech companies in the world are adopting new technologies and creating innovative solutions and services to take the healthcare industry to new heights. How much is the global healthcare tech industry worth? The global healthcare tech industry is currently worth USD 350 billion. The largest healthcare tech company in the world is Johnson & Johnson, generating USD 93 billion last year. Johnson & Johnson is followed by Danaher Corporation and Fresenius Medical Care, rounding out the top 3 healthcare technology companies by revenue.
This post will breakdown the top 10 healthcare tech companies of 2022, as well as answer the following pressing questions about the global healthcare technology industry:
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What is the largest healthcare tech company in the world in 2020? The following is a list of the largest healthcare technology companies in the world ranked by revenue, influence, and more. We also elaborate on the specifics of the company’s product and service offerings, its main achievements, and where the world’s best healthcare tech companies are located.
Healthcare Tech Company
Revenue (USD billions)
|1||Johnson & Johnson||93||Medical Devices||USA|
|2||Integra LifeSciences||1||Medical Devices||USA|
|3||Danaher Corporation||29||Medical Devices||USA|
|4||Fresenius Medical Care||17||Medical Devices||Germany|
|5||Boston Scientific||11||Medical Devices||USA|
|6||NextGen Healthcare||0.58||Healthcare Software||USA|
|7||Castle Biosciences, Inc.||86||Healthcare Software||USA|
|9||Poseida Therapeutics, Inc.||0.5||Biotech||USA|
|10||SOC Telemed||0.81||Healthcare Software||USA|
Who are the best healthcare tech companies in the world? Here is BizVibe’s list of the top healthcare tech companies in the world ranked on various factors including popularity, revenue, and market leadership.
Who is the largest healthcare tech company in the world? Johnson & Johnson ranks number 1 on our list of the top 10 healthcare tech companies in the world in 2022. Johnson & Johnson is an American multinational corporation, that was founded back in 1886 in New Brunswick, New Jersey, USA. Johnson & Johnson specializes in healthcare technology that is focused on worldwide fitness, and wellness, and positions itself as a health leader. Johnson & Johnson’s MedTech and healthcare tech extends to interventional solutions, orthopedics, surgery, and vision, with brand names such as Biosense Webster, Cerenovus, DePuy Synthes, Ethicon, Acclarent, and Acuvue.
Johnson & Johnson has 250 subsidiary companies with operations in 60 countries and products sold in over 175 countries. In terms of revenue, Johnson & Johnson generated USD 93 billion last year — ranking Johnson & Johnson number 1 on this list of the top healthcare tech companies in the world by revenue in 2022.
Integra LifeSciences ranks number 2 on this list of the top healthcare tech companies. Integra LifeSciences is a global medical device manufacturing company that is headquartered in Princeton, New Jersey. Founded in 1989 as a company that manufactures products for skin regeneration, neurosurgery, reconstructive, and general surgery. Integra LifeSciences now specializes in healthcare technology such as medical technology and skincare technology. Integra LifeSciences also specializes in regenerative technology, surgical instruments, neurosurgical devices, and advanced wound care. Last year Integra LifeSciences generated USD 1 billion — making it one of the top healthcare technology companies in the world by revenue in 2022.
Danaher Corporation ranks 3rd on this list of the top 10 largest healthcare tech companies in the world in 2022. Danaher Corporation is an American globally diversified conglomerate with headquarters in Washington, D.C., USA. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services with its 3 platforms in life sciences, diagnostics, and environmental & applied solutions. Last year Danaher Corporation generated USD 29 billion — making it one of the best healthcare tech companies in the world by revenue.
Fresenius Medical Care ranks 4th on this list of the top 10 healthcare tech companies of 2022. Fresenius Medical Care is a German healthcare technology company that specializes in providing kidney dialysis services through a network of 4,171 outpatient dialysis centers, serving 345,425 patients. Fresenius Medical Care also operates 42 production sites, the largest of which are in the U.S., Germany, and Japan. Currently, Fresenius Medical Care has a 38% market share of the dialysis market in the United States and even has headquarters in Waltham, Massachusetts as well. Last year Fresenius Medical Care generated USD 17 billion in revenue, making it one of the largest healthcare tech companies in the world by revenue in 2022.
Boston Scientific is a medical devices manufacturer that specializes in products that are used as interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology, and gynecology. Boston Scientific is widely known for developing the Taxus Stent, a drug-eluting stent that is used to open clogged arteries. Last year Boston Scientific generated USD 11 billion, making it one of the largest healthcare tech companies in the world by revenue in 2022.
NextGen Healthcare ranks number 6th on this list of the top healthcare tech companies. NextGen Healthcare is an American healthcare software and services company with headquarters in Atlanta, Georgia, USA. NextGen Healthcare develops and sells electronic health record (EHR) software and practice management systems to the healthcare industry. In addition to electronic health records (EHR), NextGen Healthcare products include revenue cycle management, medical billing, patient engagement, and population health management. Last year NextGen Healthcare generated USD 580 million, making it one of the best healthcare tech companies in the world by revenue.
Castle Biosciences ranks 7th on this list of the top 10 healthcare tech companies in the world in 2022. Castle Biosciences offers diagnostic tests that provide actionable, tumor-specific information for improved treatment decisions and patient outcomes. Castle Biosciences offers tests designed to identify metastatic risk in cutaneous melanoma, cutaneous squamous cell carcinoma, and uveal melanoma. Last year Castle Biosciences generated USD 86 million and is one of the fastest-growing health tech companies in the world in 2022.
Vocera is a communication technology company that provides platforms and services to improve clinical communication and workflow for hospitals and healthcare facilities. Vocera’s main product is a Vocera Badge, A wearable device for users who communicate primarily with voice and need to receive basic text messages and alarm notifications. Vocera badges are one of the top healthcare tech producers helping millings today. Last year Vocera generated USD 220 million, making it one of the best healthcare tech companies in the world by revenue.
Poseida Therapeutics ranks 9th on this list of the top 10 healthcare tech companies in the world in 2022. Poseida Therapeutics is a biotechnology company that develops and discovers therapies for patients with high unmet medical needs. Last year Poseida Therapeutics generated USD 50 million, making it one of the fastest-growing health tech companies in the world in 2022.
Rounding out this list of the top 10 healthcare tech companies in the world in 2022 is SOC Telemed, the largest US provider of acute care telemedicine services. SOC Telemed helps healthcare organizations launch or expand intelligent telemedicine programs to drive clinical, operational, and financial success. Last year, SOC Telemed generated USD 81 million, making it one of the best healthcare tech companies in the world.
This is BizVibe’s list of the top 10 healthcare tech companies in the world. These companies are changing the quality of healthcare in the industry with innovative and life-changing products and services. Reach out to these companies and figure out their best business practices when it comes to healthcare technology.
Technology advances the efficiency of every step of the medical life cycle for patients and doctors. Artificial intelligence and machine learning, along with blockchain technology, data analytics, and more are only here and dadvanct9ing to take the medical field to new heights. Expect technological advancements to continue led by the top healthcare tech companies in the world in 2022 and going forward. Visit BizVibe and learn more about the best healthcare tech companies.
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