Siemens Healthcare - Top 10 Medical Device Companies

Company: Siemens Healthcare
Location: Munich, Germany/Malvern, PA
CEO: Peter Löscher (full company), Hermann Requardt (healthcare)
Sales: $17.4 billion

In October 1847, the Siemens & Halske Telegraph Construction Company was founded. It later became Siemens AG.

The company's healthcare sector has about 48,000 employees worldwide, and in fiscal 2009, it generated external revenue of €11.9 billion ($17.3 billion*) and profit of €1.5 billion ($2.2 billion). Its clinical specialties are cardiology, neurology, oncology and surgery.

According to a Sept. 27 statement, the company expects all divisions of the healthcare sector will probably report a year-over-year increase in demand.  

Revenue by Segment, 2008 and 2009, in billions

Imaging & IT $10.5 $9.9
Workflow and Solutions $2.2 $2.17
Diagnostics $5.1 $4.7

Source: Siemens' 2009 annual report. 

* Exchange rate as of Sept. 30, 2009.

Siemens Healthcare - Top 10 Medical Device Companies