The data illustrates the top medical technology companies ranked by their research and development spending as a percentage of revenues in 2016, and a projected share for 2022. In 2016, Roche spent 11.6% of its revenue on medtech research and development and is projected to decrease spending to under 10% in 2022. Medical technology is used for diagnosis, monitoring, or treatment of diseases or medical conditions.
Edwards Lifesciences | 15 | 15.2 |
bioMérieux | 16.1 | 15.2 |
Abbott Laboratories | 10 | 10.8 |
Boston Scientific | 10.9 | 10.1 |
Danaher | 10.1 | 9.4 |
Roche | 11.6 | 9.2 |
Siemens | 8.8 | 9.1 |
General Electric | 9.8 | 9.1 |
3M | 8.5 | 8.5 |
Philips | 10.5 | 8.4 |
Novartis | 8.4 | 7.7 |
Intuitive Surgical | 8.9 | 7.5 |
Baxter International | 8.2 | 7.4 |
Medtronic | 7.4 | 7.1 |
Terumo | 7.2 | 6.9 |
Becton Dickinson | 7.3 | 6.7 |
Johnson & Johnson | 6.2 | 6 |
Stryker | 6.3 | 5.8 |
B. Braun Melsungen | 4.5 | 4.5 |
Zimmer Biomet | 4.8 | 4.4 |