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2023 Ranking Company Ticker
1 Medtronic plc NYSE:MDT
2 Abbott Laboratories NYSE:ABT
3 Danaher Corporation NYSE:DHR
4 Johnson & Johnson NYSE:JNJ
| 2023 Ranking | Company | Revenue | Ticker | Market Cap | Price-to-Earnings Ratio | Book-Value Ratio |
| 1 | Medtronic plc | $31.56B | NYSE:MDT | $94.04B | 26.08x | 1.84x |
| 2 | Abbott Laboratories | $31.27B | NYSE:ABT | $163.14B | 32.00x | 4.35x |
| 3 | Danaher Corporation | $29.57B | NYSE:DHR | $145.57B | 24.84x | 2.78x |
| 4 | Johnson & Johnson | $27.40B | NYSE:JNJ | $381.67B | 29.40x | 5.36x |
| 5 | Siemens Healthineers AG | $23.43B | XTRA:SHL | $56.87B | 33.53x | NM |
| 6 | Fresenius Medical Care | $20.92B | XTRA:FME | $11.99B | 24.29x | 0.80x |
| 7 | Medline Industries | $20.20B | Privately Held | NA | NA | NA |
| 8 | Becton, Dickinson and Company | $18.90B | NYSE:BDX | $68.07B | 42.44x | NM |
| 9 | GE Healthcare | $18.46B | NYSE:GE | $130.86B | 12.51x | 4.57x |
| 10 | Stryker Corporation | $18.40B | NYSE:SYK | $103.95B | 40.59x | 5.81x |
| 11 | Koninklijke Philips N.V. | $17.80B | ENXTAM:PHIA | $17.99B | NM | NM |
| 12 | Cardinal Health | $15.90B | NYSE:CAH | $26.41B | 175.64x | NA |
| 13 | Baxter International Inc. | $15.28B | NYSE:BAX | $16.65B | 73.85x | 2.06x |
| 14 | Boston Scientific Corporation | $13.76B | NYSE:BSX | $75.53B | 62.77x | 4.00x |
| 15 | B. Braun | $9.28B | Privately Held | NA | NA | NA |
| 16 | Alcon Inc. | $9.09B | SWX:ALC | $35.46B | 98.35x | 1.78x |
| 17 | 3M Health Care | $9.05B | NYSE:MMM | $56.17B | 16.99x | 12.02x |
| 18 | Fujifilm | $7.30B | TSE:4901 | $23.26B | 14.39x | 1.15x |
| 19 | Zimmer Biomet Holdings, Inc. | $7.28B | NYSE:ZBH | $22.03B | 46.67x | 1.78x |
| 20 | Intuitive Surgical, Inc. | $6.85B | NasdaqGS:ISRG | $97.70B | 65.29x | 7.79x |
| 21 | Tofflon Science and Technology Group | $5.95B | TSE:7733 | $16.24B | 45.33x | 3.02x |
| 22 | Edwards Lifesciences Corporation | $5.82B | NYSE:EW | $38.94B | 27.42x | 5.85x |
| 23 | Terumo Corporation | $5.53B | TSE:4543 | $20.61B | 35.04x | 2.60x |
| 24 | Smith & Nephew plc | $5.35B | LSE:SN. | $10.53B | 48.34x | 2.01x |
| 25 | STERIS plc | $5.23B | NYSE:STE | $19.69B | 36.16x | 3.19x |
| 26 | HOYA Corporation | $4.80B | TSE:7741 | $35.42B | 34.21x | 6.10x |
| 27 | Shenzhen Mindray Bio-Medical Electronics Co., Ltd. | $4.72B | SZSE:300760 | $47.32B | 30.47x | 9.37x |
| 28 | ResMed Inc. | $4.38B | NYSE:RMD | $21.12B | 23.35x | 4.97x |
| 29 | Canon Medical | $4.37B | TSE:7751 | $25.64B | 14.34x | 1.14x |
| 30 | Dentsply Sirona Inc. | $4.25B | KOSE:A137310 | $6.01B | NM | 1.78x |
| 31 | Sonova Holding AG | $4.14B | SWX:SOON | $14.98B | 21.17x | 6.11x |
| 32 | Hologic, Inc. | $4.03B | NasdaqGS:HOLX | $17.67B | 39.42x | 3.52x |
| 33 | BioMérieux S.A. | $3.95B | ENXTPA:BIM | $11.69B | 28.55x | 3.02x |
| 34 | Sartorius AG | $3.85B | XTRA:SRT3 | $16.55B | 38.39x | NA |
| 35 | Align Technology, Inc. | $3.81B | NasdaqGS:ALGN | $14.72B | 40.83x | 3.87x |
| 36 | IDEXX Laboratories, Inc. | $3.59B | NasdaqGS:IDXX | $35.61B | 43.70x | 27.45x |
| 37 | The Cooper Companies, Inc. | $3.51B | NasdaqGS:COO | $16.31B | 59.54x | 2.17x |
| 38 | Coloplast A/S | $3.51B | CPSE:COLO B | $22.42B | 31.41x | 9.06x |
| 39 | DexCom, Inc. | $3.40B | NasdaqGS:DXCM | $36.34B | 103.33x | 16.02x |
| 40 | Dragerwerk AG & Co. KGaA | $3.28B | XTRA:DRW3 | $969.00M | 10.48x | 0.71x |
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