Publicly Traded Medical Device Manufacturers - Top 17
Ranked by revenue | List information taken from the 2013 Business Information Guide
Source: U.S. Securities and Exchange Commission filings, annual reports, company representatives, and websites. If you were not
contacted for this list but would like to be in the future, please contact research@tcbmag.com.
Note: American Medical Systems Holdings, Inc., Medtox Scientific, Inc., and Synovis Life Technologies, Inc., which appeared on last year's list, were acquired in 2011 or 2012.
1 | 3M Company
3M Center
Maplewood, MN 55144
651-733-1110 • 3m.com
| 1902
84,000
| $29,611,000
| $26,662,000
11.06
| MMM
| Inge Thulin
David Meline
| 12/31/11
| Medical and dental products, including drug-delivery and health information systems, infection prevention and orthodontics products, skin and wound care solutions, stethoscopes, veterinary x-ray, and surgical wound management products
|
2 | Medtronic, Inc.
710 Medtronic Pkwy.
Fridley, MN 55432
763-514-4000 • medtronic.com
| 1949
45,850
| $16,184,000
| $15,933,000
1.58
| MDT
| Omar Ishrak
Gary Ellis
| 4/30/12
| Pacemakers; implantable cardioverter defibrillators; spinal products, including artificial cervical discs; coronary, thoracic, and peripheral stents; insulin pumps; continuous glucose monitoring systems; neurostimulators; and surgical tools and navigation equipment used in operating room procedures
|
3 | St. Jude Medical, Inc.
1 St. Jude Medical Dr.
St. Paul, MN 55117
651-756-2000 • sjm.com
| 1976
16,000
| $5,611,696
| $5,164,771
8.65
| STJ
| Daniel Starks
Donald Zurbay
| 12/31/11
| Pacemakers, implantable cardioverter defibrillators, mechanical heart valves, tissue heart valves, vascular closure devices, cardiac mapping systems, ablation catheters, spinal cord stimulators, deep brain stimulators, lesion assessment technology, structural heart and other medical devices
|
4 | Techne Corporation
614 McKinley Pl. NE
Minneapolis, MN 55413
612-379-8854 • techne-corp.com
| 1976
847
| $314,560
| $289,962
8.48
| TECH
| Gregory Melsen
Gregory Melsen
| 6/30/12
| Hematology controls--which are used in hospitals and clinical laboratories to check the accuracy of blood analysis instruments--and biotechnology products, including purified proteins and antibodies, and assay kits that are sold to the research and clinical diagnostic markets
|
5 | Nortech Systems, Inc.
1120 Wayzata Blvd. E, Ste. 201
Wayzata, MN 55391
952-345-2244 • nortechsys.com
| 1981
710
| $114,236
| $99,820
14.44
| NSYS
| Michael Degen
Richard Wasielewski
| 12/31/11
| Complex wire harness assemblies; printed circuit board assemblies; high-flex vision cables for medical devices, including automatic external defibrillators and computerized tomography (CT) scanners
|
6 | Vascular Solutions, Inc.
6464 Sycamore Ct.
Maple Grove, MN 55369
763-656-4300 • vascularsolutions.com
| 1997
355
| $89,956
| $78,443
14.68
| VASC
| Howard Root
James Hennen
| 12/31/11
| Diagnostic and interventional devices for vascular medicine, including hemostat products, extraction catheters, vein products, specialty catheters, access products, and other products for clinical use
|
7 | Cardiovascular Systems, Inc.
651 Campus Dr.
St. Paul, MN 55112
651-259-1600 • csi360.com
| 1989
290
| $82,490
| $78,780
4.71
| CSII
| David Martin
Larry Betterley
| 6/30/12
| Medical devices for treating cardiovascular disease; its Diamondback 360-degree system is designed to optimize procedural safety and efficiency for patients suffering from occlusive peripheral arterial disease
|
8 | SurModics, Inc.
9924 W 74th St.
Eden Prairie, MN 55344
952-500-7000 • surmodics.com
| 1979
113
| $67,781
| $69,898
(3.03)
| SRDX
| Gary Maharaj
Andy LaFrence
| 9/30/11
| Drug-delivery technologies, including coatings, microparticles, and implants; surface-modification coating technologies that enable lubricity, prohealing, and biocompatibility capabilities
|
9 | IntriCon Corporation
1260 Red Fox Road
Arden Hills, MN 55112
651-636-9770 • intricon.com
| 1977
599
| $56,058
| $58,697
(4.50)
| IIN
| Mark Gorder
J. Scott Longval
| 12/31/11
| Biotelemetry products, including life-critical diagnostic monitoring devices, drug-delivery systems, injection-molded plastics, and microelectronics and micro-mechanical assemblies
|
10 | Rochester Medical Corporation
1 Rochester Medical Dr.
Stewartville, MN 55976
507-533-9600 • rocm.com
| 1988
328
| $52,919
| $41,443
27.69
| ROCM
| Anthony Conway
David Jonas
| 9/30/11
| Silicone catheters for continence care and bladder drainage; products include silicone, self-adhering male external catheters, antimicrobial intermittent catheters, and anti-infection Foley catheters, which are non-latex and proven to reduce catheter-associated urinary tract infections
|
11 | HEI, Inc.
1495 Steiger Lake Lane
Victoria, MN 55386
952-443-2500 • heii.com
| 1968
200
| $37,415
| $36,420
2.73
| HEII
| Mark Thomas
Mark Thomas
| 12/31/11
| Contract manufacturing of therapeutic, monitoring, and diagnostic instruments, including DNA-based microbiology and test systems, and uterine and cardiac ablation instruments
|
12 | MGC Diagnostics Corporation
350 Oak Grove Pkwy.
St. Paul, MN 55127
651-484-4874 • mgcdiagnostics.com
| 1986
124
| $29,067
| $29,041
0.09
| MGCD
| Gregg Lehman
Robert Wolf
| 10/31/11
| Non-invasive cardio-respiratory diagnostic systems that provide a view of a person's overall cardiorespiratory health and fitness
|
13 | Uroplasty, Inc.
5420 Feltl Road
Minnetonka, MN 55343
952-426-6140 • uroplasty.com
| 1992
108
| $20,562
| $13,787
49.14
| UPI
| David Kaysen
Mahedi Jiwani
| 3/12/13
| The Urgent PC system, a minimally invasive, office-based neuromodulation therapy for the treatment of urinary symptoms--urinary urgency, urinary frequency, and urge incontinence; Macroplastique, a minimally invasive, implantable, soft-tissue urethral bulking agent for the treatment of adult female stress urinary incontinence
|
14 | Electromed, Inc.
500 6th Ave. NW
New Prague, MN 56071
952-758-9299 • electromed.com
| 1992
91
| $19,524
| $19,004
2.74
| ELMD
| Kathleen Skarvan
Jeremy Brock
| 6/30/12
| SmartVest airway clearance system and underlying technologies; the vest offers a self-administered treatment for patients suffering from conditions related to impaired lung and airway capacity
|
15 | Urologix, Inc.
14405 21st Ave. N
Plymouth, MN 55447
763-475-1400 • urologix.com
| 1991
94
| $17,027
| $12,571
35.45
| ULGX
| Greg Fluet
| 6/30/12
| Minimally invasive medical products, including non-surgical, catheter-based treatments that use proprietary microwave technology for the treatment of benign prostatic hyperplasia, a condition that affects more than 23 million men worldwide
|
16 | Hypertension Diagnostics, Inc.
2915 Waters Road, Ste. 108
Eagan, MN 55121
651-687-9999 • hdii.com
| 1988
3
| $3,158
| $1,390
127.19
| HDII
| Kenneth Brimmer
Kenneth Brimmer
| 6/30/12
| Medical devices that non-invasively measure both large and small artery elasticity
|
17 | Kips Bay Medical, Inc.
3405 Annapolis Lane N, Ste. 200
Plymouth, MN 55447
763-235-3540 • kipsbaymedical.com
| 2007
15
| $252
| $223
13.00
| KIPS
| Manny Villafaña
Scott Kellen
| 12/31/11
| eSVS Mesh--a mesh sleeve that is placed over a saphenous vein graft during coronary artery bypass surgery; it is designed to improve the structural characteristics and long-term performance of the vein graft
|
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