Abbott Laboratories
Abbott Laboratories is a prominent American healthcare company that has established a strong foothold in India's medical device landscape. Founded in 1888 and headquartered in Illinois, Abbott first entered India in 1910 and today operates major manufacturing facilities across 8 Indian cities producing high-quality medical devices meeting global standards.
With an extensive portfolio spanning diagnostics, medical devices, nutritionals, and branded generics, Abbott enjoys a competitive position amongst medical equipment companies in India. Its point-of-care devices, glucose monitoring kits, coronary stents, and infusion pumps are widely used in hospitals and clinics nationwide. Abbott's constant focus on innovation tailored to Indian healthcare needs, such as developing the world’s first smartphone-compatible glucose meter, has bolstered its standing as a leading medical technology provider in the country.
Despite growing competition from domestic players, Abbott maintains a dominant market share thanks to its trusted brand image, investments in local R&D talent, and commitment to after-sales support and customer training. Moving forward, the company aims to widen access to affordable, quality healthcare across India's urban and rural population through strategic partnerships with public and private healthcare bodies. Overall, Abbott remains firmly established as a foremost medical device manufacturer in India.
MORE INFORMATION:
- Industry: Medical Devices & Pharmaceuticals
- Address: Plot No.C-68, 16th Godrej BKC Plot C, Bandra Kurla Complex, Bandra East, एवेन्यू 3, G Block BKC, Bandra East, Mumbai, Maharashtra 400051, In India
- Main Products: Diagnostics, medical tests, nutritional products
- Contact Information: https://www.abbott.in/
- Pros: Innovative testing kits, trusted pharmaceuticals, broad portfolio
- Cons: Safety issues, frequent recalls, high costs
- Best For: Healthcare providers needing point-of-care diagnostics and branded supplements
