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Global medical technology R&D spending share in top companies 2016 and 2022

Leading global medtech companies by R&D spending as a percentage of revenue in 2016 and 2022

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