Revenue Growth Benchmarks

Top-line performance metrics of companies across industries and countries

Top 10 Cardiovascular Medical Device Companies

In the preceding 3 years, a significant number of leading global CVD device companies achieved double-digit growth in sales (approximately 10%). Boston Scientific, Zimmer Biomet, and Edwards Lifesciences emerged as key players in the global CVD device sector, collectively contributing to 75% of the total sales.


[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 2 companies by growth rank in period ]

Company HQ Reported Latest LTM year-on-year % CAGR Growth Rank
Currency FQ Sales1 3m 6m 9m ltm 1y 2y 3y 5y 6m LTM 3ycagr 5ycagr
Boston Scientific Corp USA USD 2023-12 14.24 14.9% 13.1% 12.4% 12.3% 12.3% 9.4% 12.8% 7.7% 6 6 6 6
Zimmer Biomet Holdings Inc USA USD 2023-12 7.39 6.3% 5.7% 5.4% 6.5% 6.5% 4.1% 6.5% -1.4% 9 10 9 10
Edwards Lifesciences Corp USA USD 2023-12 6.00 13.8% 13.0% 12.5% 11.6% 11.6% 7.1% 11.0% 10.0% 7 7 7 5
Teleflex Inc USA USD 2023-12 2.97 2.1% 5.2% 5.3% 6.6% 6.6% 2.9% 5.4% 4.0% 10 9 10 9
Integer Holdings Corp USA USD 2023-12 1.60 10.9% 14.4% 14.3% 16.0% 16.0% 14.3% 14.2% 5.6% 5 5 5 8
Lantheus Holdings Inc USA USD 2023-12 1.30 34.5% 34.1% 37.1% 38.6% 38.6% 74.6% 56.3% 30.4% 2 2 2 3
Merit Medical Systems Inc USA USD 2023-12 1.26 10.6% 10.2% 9.6% 9.2% 9.2% 8.2% 9.3% 7.3% 8 8 8 7
Shockwave Medical Inc USA USD 2023-12 0.73 40.9% 41.3% 43.7% 49.1% 49.1% 75.5% 120.9% 126.5% 1 1 1 2
Inari Medical Inc USA USD 2023-12 0.49 22.6% 26.7% 27.2% 28.7% 28.7% 33.5% 52.3% 135.4% 3 3 3 1
iRhythm Technologies Inc USA USD 2023-12 0.49 17.7% 18.8% 19.7% 19.9% 19.9% 23.5% 22.9% 27.3% 4 4 4 4
Source: Annual Filings, Company Website