5 Most Valuable Medical Device Companies in the US

4. Danaher Corporation (NYSE:DHR)

Market Capitalization: $184.8B 

Danaher Corporation (NYSE:DHR), a leading US medical device company, reported a remarkable revenue increase to $22.3 billion in 2021, with significant growth in gross profit and net earnings. Strategic acquisitions, like General Electric Co.’s biopharmaceutical business, increased sales by 18%. The acquisition of Cytiva positions Danaher Corporation (NYSE:DHR) as a critical player in the global biopharmaceutical arena, focusing on bioprocessing technologies, with a projected growth of 17% annually over the next five years.