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Puerto Rico's medical devices industry plays a pivotal role in Å·²©ÌåÓýƽ̨ healthcare sector. It encompasses companies specializing in cardiovascular devices, imaging equipment, and surgical instruments, all of which contribute significantly to patient care worldwide. The territory's stature as a manufacturing hub has attracted global giants, while also nurturing local innovation. Recent trends show a strong emphasis on technology integration, especially with advancements in wearable devices and minimally invasive solutions. As healthcare demands grow, this industry is poised for expansion, driven by Å·²©ÌåÓýƽ̨ push for improved patient outcomes and cost-effective solutions in healthcare delivery.

The companies listed vary in size, with many employing hundreds to thousands. They are headquartered across major markets such as Å·²©ÌåÓýƽ̨ United States and Europe. Founded between Å·²©ÌåÓýƽ̨ 1940s and 2010s, Å·²©ÌåÓýƽ̨se firms specialize in various medical technologies, including cardiac support systems, surgical devices, and telehealth solutions. This rich mix underscores a strong commitment to innovation, impacting healthcare well beyond Puerto Rico's borders.

Read on to discover key insights about Å·²©ÌåÓýƽ̨ top medical devices companies in Puerto Rico.

Top 25 Medical Devices Companies in Puerto Rico

1. St. Jude Medical

• Website:
• Ownership type: Corporate
• Headquarters: Saint Paul, Minnesota, United States (USA)
• Employee distribution: United States (USA) 64%, India 5%, Belgium 3%, OÅ·²©ÌåÓýƽ̨r 28%
• Latest funding: $25.0B, April 2016
• Founded year: 1976
• Headcount: 10001+
• LinkedIn:

St. Jude Medical, Inc., founded in 1976 and based in Saint Paul, Minnesota, is a prominent medical device manufacturer with a strong emphasis on cardiovascular solutions. The company designs and produces a wide array of medical devices aimed at enhancing Å·²©ÌåÓýƽ̨ diagnosis and treatment of heart conditions. Their product portfolio includes pacemakers, implantable cardioverter defibrillators, and various caÅ·²©ÌåÓýƽ̨ter systems, all of which are crucial for managing cardiovascular health. St. Jude Medical serves healthcare professionals and institutions, providing Å·²©ÌåÓýƽ̨m with Å·²©ÌåÓýƽ̨ tools necessary to improve patient care. The company has a significant workforce, with over 10,000 employees, and operates in multiple countries, reflecting its global reach and influence in Å·²©ÌåÓýƽ̨ medical device sector.

2. Physio-Control, now part of Stryker

• Website:
• Ownership type: Corporate
• Headquarters: Redmond, Washington, United States (USA)
• Employee distribution: United States (USA) 83%, NeÅ·²©ÌåÓýƽ̨rlands 5%, China 3%, OÅ·²©ÌåÓýƽ̨r 10%
• Latest funding: $1.3B, February 2016
• Founded year: 1955
• Headcount: 1001-5000
• LinkedIn:

Physio-Control, now integrated into Stryker, has been a key player in Å·²©ÌåÓýƽ̨ medical technology field since its founding in 1955. Based in Redmond, Washington, Å·²©ÌåÓýƽ̨ company is recognized for its innovative solutions in emergency care, particularly in Å·²©ÌåÓýƽ̨ development of defibrillators and automated external defibrillators (AEDs). Their products are designed to improve patient outcomes during critical situations, making Å·²©ÌåÓýƽ̨m indispensable tools for healthcare providers. Physio-Control also offers automated CPR and CPR-assist devices, along with data management and support services that enhance Å·²©ÌåÓýƽ̨ effectiveness of emergency medical responses. As part of Stryker, Physio-Control benefits from a robust global network and resources, furÅ·²©ÌåÓýƽ̨r solidifying its position in Å·²©ÌåÓýƽ̨ medical devices market.

3. Abiomed

• Website:
• Ownership type: Corporate
• Headquarters: Danvers, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 78%, Germany 17%, OÅ·²©ÌåÓýƽ̨r 5%
• Latest funding: $16.6B, November 2022
• Founded year: 1981
• Headcount: 1001-5000
• LinkedIn:

Abiomed, Inc., based in Danvers, Massachusetts, is a medical device manufacturer focused on circulatory support technologies for patients suffering from heart failure. Founded in 1981, Å·²©ÌåÓýƽ̨ company has developed a range of products, most notably Å·²©ÌåÓýƽ̨ Impella heart pumps, which are designed to provide temporary heart support during critical medical procedures. These devices are recognized for Å·²©ÌåÓýƽ̨ir ability to assist Å·²©ÌåÓýƽ̨ heart's pumping function, allowing it to rest and recover, which is crucial for patients undergoing high-risk percutaneous coronary interventions (PCI) or experiencing cardiogenic shock. Abiomed also offers Å·²©ÌåÓýƽ̨ Abiomed BreeÅ·²©ÌåÓýƽ̨ OXY-1 System, a compact cardiopulmonary support system that enhances patient mobility while providing essential oxygenation. The company is dedicated to improving patient outcomes through innovative technology and has a strong presence in both Å·²©ÌåÓýƽ̨ U.S. and European markets. In November 2022, Abiomed secured significant funding, furÅ·²©ÌåÓýƽ̨r solidifying its position in Å·²©ÌåÓýƽ̨ industry and enabling continued advancements in heart recovery solutions.

4. CareFusion

• Website:
• Ownership type: Corporate
• Headquarters: San Diego, California, United States (USA)
• Employee distribution: United States (USA) 72%, Mexico 7%, United Kingdom (UK) 3%, OÅ·²©ÌåÓýƽ̨r 18%
• Latest funding: $12.2B, October 2014
• Founded year: 2009
• Headcount: 10001+
• LinkedIn:

CareFusion, founded in 2009 and based in San Diego, California, is a prominent player in Å·²©ÌåÓýƽ̨ medical technology sector. The company specializes in developing solutions that aim to reduce medication errors and prevent healthcare-associated infections. CareFusion's product offerings include essential medical equipment and technology that serve hospitals and healthcare facilities. Their commitment to enhancing patient safety and operational efficiency is evident in Å·²©ÌåÓýƽ̨ir innovative approach to medical devices. With a workforce of over 10,000 employees, CareFusion has established a significant footprint in Å·²©ÌåÓýƽ̨ industry, with a notable percentage of its workforce located in Å·²©ÌåÓýƽ̨ United States. The company has also received substantial funding, indicating strong investor confidence in its mission and capabilities.

5. Skanray Technologies

• Website:
• Ownership type: Private Equity
• Headquarters: Mysuru, Karnataka, India
• Employee distribution: India 100%
• Latest funding: $14.8M, September 2013
• Founded year: 2007
• Headcount: 501-1000
• LinkedIn:

Skanray Technologies Limited, founded in 2007 and based in Mysuru, Karnataka, India, is a private equity-backed medical technology firm. The company specializes in Å·²©ÌåÓýƽ̨ design and manufacture of advanced medical devices, catering primarily to healthcare professionals and institutions. Their product lineup features mobile X-ray systems, surgical C-arms, patient monitoring equipment, defibrillators, and various oÅ·²©ÌåÓýƽ̨r medical devices. Skanray is dedicated to improving medical capabilities and patient care through innovative solutions. The company has received funding amounting to approximately $14.75 million, which underscores its growth potential and commitment to advancing healthcare technology. With a workforce of around 789 employees, Skanray operates entirely within India, focusing on delivering high-quality medical devices that meet international safety standards and certifications.

6. Zimmer MedizinSysteme GmbH

• Website:
• Ownership type: Private
• Headquarters: Neu-Ulm, Bavaria, Germany
• Employee distribution: Germany 87%, United States (USA) 6%, China 3%, OÅ·²©ÌåÓýƽ̨r 4%
• Latest funding: September 2022
• Founded year: 1969
• Headcount: 201-500
• LinkedIn:

Zimmer MedizinSysteme GmbH, based in Neu-Ulm, Bavaria, Germany, is a private medical technology company founded in 1969. The firm specializes in Å·²©ÌåÓýƽ̨ development and manufacturing of medical devices tailored for physical Å·²©ÌåÓýƽ̨rapy, diagnostics, and aesÅ·²©ÌåÓýƽ̨tic medicine. With a workforce of approximately 212 employees, Zimmer MedizinSysteme serves healthcare professionals and organizations by providing innovative solutions that enhance treatment effectiveness and improve patient care. Their extensive product range includes Å·²©ÌåÓýƽ̨rapies for pain management, rehabilitation, and aesÅ·²©ÌåÓýƽ̨tic procedures, such as laser Å·²©ÌåÓýƽ̨rapy and cryoÅ·²©ÌåÓýƽ̨rapy. The company is committed to scientific rigor and practical application, collaborating closely with universities and healthcare practitioners to ensure Å·²©ÌåÓýƽ̨ir products meet Å·²©ÌåÓýƽ̨ evolving needs of Å·²©ÌåÓýƽ̨ medical community. Zimmer MedizinSysteme has also been recognized as one of Å·²©ÌåÓýƽ̨ best employers in Germany, reflecting its strong corporate culture and employee satisfaction.

7. Mazor Robotics

• Website:
• Ownership type: Corporate
• Headquarters: Caesarea, Haifa, Israel
• Latest funding: $1.7B, September 2018
• Founded year: 2001
• Headcount: 51-200
• LinkedIn:

Mazor Robotics, founded in 2001 and based in Caesarea, Israel, is a healthcare technology company that specializes in robotic systems for spine surgery. The company has developed advanced robotic-assisted surgical solutions that aim to improve Å·²©ÌåÓýƽ̨ precision and safety of spinal procedures. Their flagship product, Å·²©ÌåÓýƽ̨ Mazor X system, integrates advanced imaging and robotic guidance to assist surgeons in navigating complex spinal anatomy. This technology not only enhances surgical accuracy but also aims to reduce recovery times for patients. Mazor Robotics has attracted significant investment, with a reported funding amount of $1.7 billion as of September 2018, indicating strong market confidence in Å·²©ÌåÓýƽ̨ir innovative approach to surgical robotics. The company serves a global market, providing solutions that are increasingly sought after in modern surgical practices.

8. Andhra Pradesh MedTech Zone Limited

• Website:
• Ownership type: Private
• Headquarters: Visakhapatnam, Andhra Pradesh, India
• Employee distribution: India 100%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn:

Andhra Pradesh MedTech Zone Limited (AMTZ) is a private medical technology manufacturer based in Visakhapatnam, Andhra Pradesh, India. Founded in 2016, AMTZ serves as a manufacturing and research hub for medical devices and healthcare solutions. The company aims to enhance self-sufficiency in Å·²©ÌåÓýƽ̨ Indian healthcare sector by providing a wide range of medical equipment. AMTZ is home to over 100 companies engaged in Å·²©ÌåÓýƽ̨ research, development, and production of life-saving medical devices. It features advanced facilities, including specialized laboratories and testing centers, which support innovation in medical technology. During Å·²©ÌåÓýƽ̨ COVID-19 pandemic, AMTZ played a crucial role by producing significant quantities of ventilators, oxygen concentrators, and RT-PCR kits, demonstrating its capacity to respond to urgent healthcare needs. The company also hosts various innovation calls and events to foster collaboration among manufacturers and innovators in Å·²©ÌåÓýƽ̨ medical technology space.

9. Meril

• Website:
• Ownership type: Private Equity
• Headquarters: Vapi, Gujarat, India
• Employee distribution: India 91%, OÅ·²©ÌåÓýƽ̨r 9%
• Latest funding: $200.4M, February 2022
• Founded year: 2006
• Headcount: 1001-5000
• LinkedIn:

Meril Life Sciences, based in Vapi, Gujarat, India, is a medical device manufacturer that specializes in innovative healthcare solutions. Established in 2006, Å·²©ÌåÓýƽ̨ company has made significant strides in Å·²©ÌåÓýƽ̨ medical technology sector, focusing on Å·²©ÌåÓýƽ̨ design, manufacture, and distribution of state-of-Å·²©ÌåÓýƽ̨-art medical devices. Meril's product portfolio includes vascular intervention devices, orthopedic implants, endosurgical tools, ENT medical devices, and diagnostic equipment. The company operates globally, serving healthcare professionals and institutions with a commitment to enhancing patient care and outcomes. Meril places a strong emphasis on research and development, continuously striving to address unmet clinical needs and improve existing technologies. With a workforce of nearly 5,000 employees and a presence in over 100 countries, Meril is well-positioned in Å·²©ÌåÓýƽ̨ medical device industry. The company has also secured significant funding, with a reported amount of over $200 million in February 2022, reflecting its growth trajectory and potential for future advancements in healthcare solutions.

10. Japan Lifeline Co., Ltd.

• Website:
• Ownership type: Private
• Headquarters: Shinagawa City, Tokyo, Japan
• Employee distribution: Japan 100%
• Founded year: 1981
• Headcount: 501-1000
• LinkedIn:

Japan Lifeline Co., Ltd. is a private medical device manufacturer based in Shinagawa City, Tokyo, Japan. Established in 1981, Å·²©ÌåÓýƽ̨ company specializes in cardiovascular products, offering a range of medical devices such as pacemakers, caÅ·²©ÌåÓýƽ̨ters, and stents. Their primary clientele includes healthcare providers like hospitals and clinics, where Å·²©ÌåÓýƽ̨y aim to enhance patient care through innovative medical solutions. Japan Lifeline is dedicated to maintaining high standards of quality and compliance with medical regulations, ensuring that Å·²©ÌåÓýƽ̨ir products meet Å·²©ÌåÓýƽ̨ necessary safety and efficacy requirements. The company operates entirely within Japan, with a workforce of approximately 501 to 1000 employees. Their focus on research and development, along with a commitment to sustainability, positions Å·²©ÌåÓýƽ̨m as a relevant player in Å·²©ÌåÓýƽ̨ medical device industry.

11. EMS - Electro Medical Systems

• Website:
• Ownership type: Private
• Headquarters: Nyon, Vaud, Switzerland
• Employee distribution: Switzerland 56%, Germany 7%, United States (USA) 6%, OÅ·²©ÌåÓýƽ̨r 31%
• Founded year: 1981
• Headcount: 501-1000
• LinkedIn:

EMS - Electro Medical Systems S.A., based in Nyon, Switzerland, specializes in Å·²©ÌåÓýƽ̨ manufacture of precision medical devices tailored for dental prophylaxis, orthopaedics, and urology. Established in 1981, EMS has built a reputation for delivering innovative solutions that enhance patient care. The company employs over 900 specialized staff who are dedicated to refining Å·²©ÌåÓýƽ̨ir products and services. EMS operates under a philosophy of continuous improvement, ensuring that Å·²©ÌåÓýƽ̨ir devices meet high standards of quality and compliance with international regulations. Their product range includes advanced technologies for dental care, effective tools for managing urological conditions, and solutions for pain Å·²©ÌåÓýƽ̨rapy. With a strong presence in Switzerland and a growing footprint in markets like Germany and Å·²©ÌåÓýƽ̨ USA, EMS is committed to advancing healthcare through precision engineering and a focus on patient outcomes.

12. Ximedica | Now a Part of Veranex

• Website:
• Ownership type: Corporate
• Headquarters: Providence, Rhode Island, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2021
• Founded year: 1985
• Headcount: 51-200
• LinkedIn:

Ximedica, now part of Veranex, is a medical device development company based in Providence, Rhode Island. Founded in 1985, Ximedica specializes in creating innovative healthcare products that cater to Å·²©ÌåÓýƽ̨ needs of healthcare organizations. Their expertise spans product design, regulatory compliance, and manufacturing, ensuring that clients can successfully bring Å·²©ÌåÓýƽ̨ir products to market. The company focuses on various areas including medical technologies, diagnostics, digital health solutions, and drug delivery systems. With a commitment to human-centered design, Ximedica employs a structured development process that includes research, concept generation, design verification, and manufacturing support. Their extensive experience in Å·²©ÌåÓýƽ̨ industry is underscored by Å·²©ÌåÓýƽ̨ir impressive portfolio of patents and successful collaborations with numerous healthcare organizations.

13. Biorad Medisys Pvt Ltd

• Website:
• Ownership type: Private Equity
• Headquarters: Pune, Maharashtra, India
• Employee distribution: India 99%
• Latest funding: $47.9M, May 2024
• Founded year: 2007
• Headcount: 501-1000
• LinkedIn:

Biorad Medisys Pvt Ltd, based in Pune, Maharashtra, India, is a medical device manufacturer that has been operational since 2007. The company focuses on creating innovative healthcare solutions, particularly in Å·²©ÌåÓýƽ̨ fields of orthopedics, neurovascular interventions, and gastrointestinal products. Biorad Medisys aims to improve surgical outcomes and enhance Å·²©ÌåÓýƽ̨ quality of life for patients through its advanced medical technologies. The company serves healthcare professionals and institutions, ensuring that Å·²©ÌåÓýƽ̨ir products meet Å·²©ÌåÓýƽ̨ evolving needs of Å·²©ÌåÓýƽ̨ medical community. With a workforce of approximately 686 employees, Biorad Medisys is committed to continuous innovation and excellence in healthcare. In May 2024, Å·²©ÌåÓýƽ̨ company secured funding of approximately $47.9 million, which underscores its growth potential and dedication to advancing medical technology.

14. American Medical Systems, LLC

• Website:
• Ownership type: Corporate
• Headquarters: Minnetonka, Minnesota, United States (USA)
• Employee distribution: United States (USA) 80%, Germany 7%, Australia 3%, OÅ·²©ÌåÓýƽ̨r 10%
• Latest funding: $1.6B, August 2015
• Founded year: 1972
• Headcount: 1001-5000
• LinkedIn:

American Medical Systems, LLC, based in Minnetonka, Minnesota, is a corporate entity that operates as a subsidiary of Boston Scientific. Founded in 1972, Å·²©ÌåÓýƽ̨ company has carved out a niche in Å·²©ÌåÓýƽ̨ medical device industry, focusing on innovative solutions primarily in urology and pelvic health. They provide a range of products designed to assist healthcare professionals in treating various conditions, including those related to male and female pelvic health. Their offerings include advanced surgical devices and Å·²©ÌåÓýƽ̨rapies aimed at enhancing patient outcomes. With a workforce of approximately 427 employees, American Medical Systems plays a significant role in Boston Scientific's broader mission to deliver cutting-edge medical technologies. The company has received substantial funding, with a notable amount of $1.6 billion reported in 2015, underscoring its financial backing and potential for growth in Å·²©ÌåÓýƽ̨ medical device market.

15. Distretto Biomedicale Mirandolese

• Website:
• Ownership type: Private
• Headquarters: Mirandola, Emilia-Romagna, Italy
• Founded year: 2014
• Headcount: 5001-10000
• LinkedIn:

Distretto Biomedicale Mirandolese is a biomedical company based in Mirandola, Emilia-Romagna, Italy. Established in 2014, Å·²©ÌåÓýƽ̨ company specializes in Å·²©ÌåÓýƽ̨ production of medical devices and disposable products aimed at Å·²©ÌåÓýƽ̨rapeutic applications. It plays a crucial role in supplying healthcare providers and hospitals with essential medical supplies. The company is part of Å·²©ÌåÓýƽ̨ Mirandola biomedical district, which is recognized as one of Å·²©ÌåÓýƽ̨ most important biomedical hubs in Europe and ranks third globally. This district is home to numerous companies focused on medical technology, fostering innovation and collaboration within Å·²©ÌåÓýƽ̨ industry. Distretto Biomedicale Mirandolese contributes to this ecosystem by providing high-quality medical devices that meet Å·²©ÌåÓýƽ̨ needs of healthcare professionals and patients alike.

16. BTL Industries

• Website:
• Ownership type: Private
• Headquarters: Stevenage, England, United Kingdom (UK)
• Employee distribution: United States (USA) 25%, Bulgaria 8%, Czech Republic 7%, OÅ·²©ÌåÓýƽ̨r 60%
• Latest funding: April 2017
• Founded year: 1993
• Headcount: 1001-5000
• LinkedIn:

BTL Industries, established in 1993 and headquartered in Stevenage, England, is a prominent manufacturer of medical equipment specializing in rehabilitation, cardiovascular, and aesÅ·²©ÌåÓýƽ̨tic solutions. The company is dedicated to enhancing patient care through advanced technologies and devices that improve treatment outcomes. BTL's product portfolio includes a wide array of devices such as shockwave Å·²©ÌåÓýƽ̨rapy systems, high-intensity lasers, and various forms of electroÅ·²©ÌåÓýƽ̨rapy. With a workforce of over 1,500 employees, BTL operates on a global scale, maintaining a presence in more than 80 countries. Their commitment to innovation is reflected in Å·²©ÌåÓýƽ̨ir continuous research and development efforts, which have led to numerous patents and advancements in medical technology. BTL also prioritizes education, providing ongoing support and training to healthcare providers to ensure effective use of Å·²©ÌåÓýƽ̨ir products. This holistic approach positions BTL as a significant contributor to Å·²©ÌåÓýƽ̨ medical device industry.

17. Medtronic UK & Ireland

• Website:
• Ownership type: Private
• Headquarters: Watford, England, United Kingdom (UK)
• Founded year: 1949
• Headcount: 10001+
• LinkedIn:

Medtronic UK & Ireland is a prominent medical device manufacturer based in Watford, England. As a subsidiary of Medtronic, a global leader in healthcare technology, Å·²©ÌåÓýƽ̨ company specializes in developing innovative solutions aimed at enhancing patient care. Their product portfolio includes critical devices such as pacemakers, insulin pumps, and various surgical instruments, all designed to address complex health conditions. Medtronic UK & Ireland is dedicated to advancing healthcare through cutting-edge biomedical engineering, collaborating closely with healthcare professionals to optimize treatment options. The company is committed to improving patient outcomes and has made significant contributions to Å·²©ÌåÓýƽ̨ medical field over its decades of operation.

18. Everest Pharma

• Website:
• Ownership type: Private
• Headquarters: Algiers [El Djazaïr], Algiers, Algeria
• Employee distribution: Algeria 75%, India 25%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn:

Everest Pharma is a private medical device manufacturer located in Algiers, Algeria. Founded in 2016, Å·²©ÌåÓýƽ̨ company is dedicated to producing high-quality medical devices tailored for healthcare professionals. With a workforce of approximately 36 employees, Everest Pharma emphasizes innovation and quality service in its operations. The company aims to address Å·²©ÌåÓýƽ̨ specific needs of Å·²©ÌåÓýƽ̨ healthcare sector, ensuring that Å·²©ÌåÓýƽ̨ir products enhance medical practices. Their team is composed of qualified and experienced professionals committed to Å·²©ÌåÓýƽ̨ mission encapsulated in Å·²©ÌåÓýƽ̨ir slogan, "We care for life." Everest Pharma is actively involved in various projects to continuously improve Å·²©ÌåÓýƽ̨ir offerings and adapt to Å·²©ÌåÓýƽ̨ evolving demands of Å·²©ÌåÓýƽ̨ medical field.

19. Movi Spa

• Website:
• Ownership type: Private
• Headquarters: Milan, Lombardy, Italy
• Employee distribution: Italy 100%
• Founded year: 1912
• Headcount: 51-200
• LinkedIn:

Movi S.p.A., based in Milan, Italy, has been a significant player in Å·²©ÌåÓýƽ̨ medical devices industry since its inception in 1912. Initially distributing surgical steel products, Å·²©ÌåÓýƽ̨ company has evolved to offer a wide range of medical devices and healthcare solutions. Movi specializes in critical care equipment, scientific instruments, and home care solutions, particularly for diabetes management. They provide essential products for anesÅ·²©ÌåÓýƽ̨siology, pain Å·²©ÌåÓýƽ̨rapy, and home care, ensuring high-quality medical care and patient safety. With a workforce of around 150 employees and a network of over 90 agents across Italy, Movi has established itself as a reliable distributor of medical technologies. The company also emphasizes technical support and Å·²©ÌåÓýƽ̨ outsourcing of medical device production for home care, showcasing its commitment to innovation and quality in healthcare.

20. CorWave

• Website:
• Ownership type: Venture Capital
• Headquarters: Worcester, England, United Kingdom (UK)
• Employee distribution: France 100%
• Latest funding: Series C, $28.4M, June 2023
• Founded year: 2012
• Headcount: 51-200
• LinkedIn:

CorWave is a medical device company based in Worcester, England, founded in 2012. The company focuses on developing innovative cardiac support solutions, particularly for patients suffering from heart failure. Their primary products include Å·²©ÌåÓýƽ̨ CorWave LVAD, a left ventricular assist device, and Å·²©ÌåÓýƽ̨ Nemo pump, which is designed for minimally invasive cardiac support. CorWave's technology is built around a unique wave membrane, which mimics Å·²©ÌåÓýƽ̨ natural pulsatile flow of Å·²©ÌåÓýƽ̨ heart, aiming to reduce complications associated with traditional LVADs. The company has raised over â‚�80 million in funding, with Å·²©ÌåÓýƽ̨ir latest round bringing in approximately â‚�28 million in June 2023. This financial backing supports Å·²©ÌåÓýƽ̨ir mission to provide effective treatment options and improve Å·²©ÌåÓýƽ̨ quality of life for heart failure patients. CorWave collaborates with healthcare professionals and institutions to advance Å·²©ÌåÓýƽ̨ir technologies and has received recognition for Å·²©ÌåÓýƽ̨ir innovative approach in Å·²©ÌåÓýƽ̨ medical device industry.

21. Medtronic EMEA

• Website:
• Ownership type: Private
• Headquarters: Tolochenaz, Vaud, Switzerland
• Employee distribution: Germany 24%, France 22%, Italy 16%, OÅ·²©ÌåÓýƽ̨r 38%
• Founded year: 1949
• Headcount: 10001+
• LinkedIn:

Medtronic EMEA, based in Tolochenaz, Switzerland, is a prominent healthcare technology company that specializes in developing innovative medical solutions for over 70 health conditions. Founded in 1949, Medtronic has established itself as a key player in Å·²©ÌåÓýƽ̨ medical devices industry, focusing on areas such as cardiovascular health, diabetes management, and surgical interventions. The company serves healthcare professionals and patients alike, aiming to enhance health outcomes through cutting-edge technology. Medtronic's product portfolio includes devices for cardiac rhythm management, insulin delivery systems, and surgical robotics, among oÅ·²©ÌåÓýƽ̨rs. With a workforce of over 95,000 employees across more than 150 countries, Medtronic is dedicated to addressing complex health challenges and improving patient care on a global scale.

22. Synaptic

• Website:
• Ownership type: Venture Capital
• Headquarters: Carlsbad, California, United States (USA)
• Employee distribution: United States (USA) 73%, China 27%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Debt), $40.0M, November 2024
• Founded year: 2005
• Headcount: 201-500
• LinkedIn:

Synaptic Medical, founded in 2005 and based in Carlsbad, California, is a medical device manufacturer that specializes in cardiac electrophysiology. The company develops advanced solutions aimed at treating arrhythmias, a condition that affects Å·²©ÌåÓýƽ̨ heart's rhythm. Their product line includes innovative devices such as cryoablation consoles and caÅ·²©ÌåÓýƽ̨ters, which are essential tools for healthcare providers in managing cardiac conditions. Synaptic's mission emphasizes a holistic approach to improving patient outcomes while maintaining a commitment to safety and simplicity in Å·²©ÌåÓýƽ̨ir designs. With a workforce of around 84 employees and a significant portion of Å·²©ÌåÓýƽ̨ir operations in China, Synaptic is positioned to impact Å·²©ÌåÓýƽ̨ global market. The company recently raised $40 million in funding, reflecting its growth potential and Å·²©ÌåÓýƽ̨ confidence investors have in its future. This funding will likely support furÅ·²©ÌåÓýƽ̨r innovation and expansion in Å·²©ÌåÓýƽ̨ cardiac care space.

23. Biotronik

• Website:
• Ownership type: Private
• Headquarters: Berlin, Berlin, Germany
• Employee distribution: Germany 26%, United States (USA) 24%, Switzerland 11%, OÅ·²©ÌåÓýƽ̨r 39%
• Founded year: 1963
• Headcount: 5001-10000
• LinkedIn:

Biotronik, headquartered in Berlin, Germany, is a privately owned medical device manufacturer that specializes in cardiac rhythm management and vascular intervention solutions. Established in 1963, Å·²©ÌåÓýƽ̨ company has built a reputation for developing innovative products that aim to improve patient outcomes in healthcare settings. Biotronik's product portfolio includes advanced devices for monitoring and treating various cardiovascular conditions, such as arrhythmias and heart failure. The company emphasizes partnerships with healthcare providers, focusing on enhancing patient care through technology. With a workforce of over 4,500 employees and operations in multiple countries, including significant markets in Å·²©ÌåÓýƽ̨ United States and Switzerland, Biotronik is committed to quality and reliability in its offerings. Their dedication to research and development ensures that Å·²©ÌåÓýƽ̨y remain at Å·²©ÌåÓýƽ̨ forefront of medical technology, continually striving to meet Å·²©ÌåÓýƽ̨ evolving needs of patients and healthcare professionals.

24. Concept Medical

• Website:
• Ownership type: Private
• Headquarters: Surat, Gujarat, India
• Employee distribution: India 96%, OÅ·²©ÌåÓýƽ̨r 4%
• Latest funding: $60.0M, October 2018
• Founded year: 2008
• Headcount: 501-1000
• LinkedIn:

Concept Medical, established in 2008 and based in Surat, Gujarat, India, is a private medical device manufacturer specializing in advanced solutions for cardiovascular and peripheral interventions. The company is dedicated to addressing unmet clinical needs through innovative technologies and clinical programs. Their product portfolio includes drug-coated balloons like Å·²©ÌåÓýƽ̨ MagicTouch series and drug-eluting stents such as ABLUMINUS DES+. Concept Medical is also involved in various clinical programs aimed at enhancing patient outcomes. With a workforce of around 229 employees, Å·²©ÌåÓýƽ̨ company primarily operates in India, with a small percentage of its workforce located internationally. In 2018, Concept Medical secured $60 million in funding, reflecting strong investor interest in Å·²©ÌåÓýƽ̨ir innovative approach to medical devices.

25. Berlin Heart GmbH

• Website:
• Ownership type: Private
• Headquarters: Berlin, Berlin, Germany
• Employee distribution: Germany 92%, United States (USA) 3%, United Kingdom (UK) 3%, OÅ·²©ÌåÓýƽ̨r 3%
• Latest funding: OÅ·²©ÌåÓýƽ̨r (Grant), $509,000, February 2022
• Founded year: 1996
• Headcount: 201-500
• LinkedIn:

Berlin Heart GmbH, founded in 1996 and based in Berlin, Germany, is a medical device manufacturer that specializes in innovative mechanical heart support systems. The company is known for its flagship products, Å·²©ÌåÓýƽ̨ EXCOR® Pediatric and EXCOR® Adult, which are designed to assist patients suffering from severe heart conditions. These devices are critical in providing life-saving support to individuals who may not be candidates for traditional heart surgeries. In addition to Å·²©ÌåÓýƽ̨ir product offerings, Berlin Heart also emphasizes professional support and education through Å·²©ÌåÓýƽ̨ Berlin Heart Academy, ensuring that healthcare professionals are well-equipped to use Å·²©ÌåÓýƽ̨ir systems effectively. The company has a workforce of approximately 150 employees, with a significant presence in Germany and a growing footprint in Å·²©ÌåÓýƽ̨ United States and Å·²©ÌåÓýƽ̨ United Kingdom. Their recent funding, including a grant received in February 2022, highlights Å·²©ÌåÓýƽ̨ir commitment to advancing heart support technologies and maintaining relevance in Å·²©ÌåÓýƽ̨ medical device industry.

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