Abbott

Abbott, a global corporation based in the United States, is one of the top three medical device companies this year. Since its founding more than 130 years ago, Abbott, based in Illinois, has provided medical products and healthcare solutions to more than 160 countries. The company, which has a global workforce of 107,000 employees, is known for pioneering breakthroughs in diagnostics, medical equipment, nutrition, and branded generic drugs. Abbott's medical equipment and diagnostics divisions did well, with year-over-year growth of 13%. Abbott contributed to the early phases of the Covid-19 epidemic by producing and delivering diagnostic tests throughout the world. With the release of a slew of new medical devices, including the next-generation MitraClip repair device and the Tendyne device, which replaces the entire valve for patients who cannot be repaired, as well as the FreeStyle Libre 3 system, the thinnest and most discreet glucose sensor ever, other areas of the company thrived outside of Covid-19. Abbott seeks to address not just the medical problem that their products solve, but also the issue of future supply and pricing. Abbott's overall sales just surpassed $30 billion, and the company today employs 103,000 people and works in 160 countries across the world.

Founded: 1888
Headquarters: Chicago, Illinois
Revenue: 34,61 Billion USD
Website: https://www.abbott.com/