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Publicly Traded Medical Device Manufacturers - Top 24

Ranked by revenue | List information taken from the 2009-2010 Business Information Guide
Source: U.S. Securities and Exchange Commission filings, annual reports, company representatives, and Web sites. If you were not contacted for this list but would like to be in the future, please contact research@tcbmag.com.
*See note at bottom of list.
Rank Company Revenue for most recent fiscal year Products/offerings

1

3M Company

3M Center
St. Paul, MN 55144
651-733-1110 | 3m.com

$25,269,000,000

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 Parkway
Minneapolis, MN 55432
763-514-4000 | medtronic.com

$14,599,000,000

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; develops and manufactures products and therapies with emphasis on providing a complete continuum of care to diagnose, prevent, and monitor chronic conditions

3

St. Jude Medical, Inc.

1 St. Jude Medical Drive
St. Paul, MN 55117
651-756-2000 | sjm.com

$4,363,251,000

Pacemakers, implantable cardioverter defibrillators, mechanical heart valves, tissue heart valves, vascular closure devices, cardiac mapping systems, ablation catheters, spinal cord stimulators, deep brain stimulators, and other medical devices

4

American Medical Systems Holdings, Inc.

10700 Bren Road West
Minnetonka, MN 55343
952-930-6000 | americanmedicalsystems.com

$501,641,000

Implantable medical devices to treat pelvic health problems in both men and women

5

EV3, Inc.

9600 54th Avenue North, Suite 100
Plymouth, MN 55442
763-398-7000 | ev3.net

$402,233,000

Serves the peripheral vascular and neurovascular markets; primary interventional technologies include plaque excision systems, percutaneous transluminal angioplasty balloons, stents, embolic protection, thrombectomy devices, embolization coils, liquid embolics, and occlusion balloons

6

Techne Corporation

614 McKinley Place Northeast
Minneapolis, MN 55413
612-379-8854 | techne-corp.com

$263,956,000

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

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7

Nortech Systems, Inc.

1120 Wayzata Boulevard East, Suite 201
Wayzata, MN 55391
952-345-2244 | nortechsys.com

$121,852,000

Complex wire harness assemblies; printed circuit board assemblies; high-flex vision cables for medical devices, including automatic external defibrillators and CT scanners

8

SurModics, Inc.

9924 West 74th Street
Eden Prairie, MN 55344
952-829-2700 | surmodics.com

$97,051,000

Drug delivery technologies including coatings, microparticles, and implants; surface modification coating technologies that enable lubricity, prohealing, and biocompatibility capabilities

9

Medtox Scientific, Inc.

402 West County Road D
New Brighton, MN 55112
651-636-7466 | medtox.com

$85,813,000

Diagnostic drug-screening devices; forensic and clinical laboratory services for corporations, pharmaceutical companies, and health care organizations

10

Vital Images, Inc.

5850 Opus Parkway, Suite 300
Minnetonka, MN 55343
952-487-9500 | vitalimages.com

$68,141,000

3-D advanced visualization and analysis software for viewing anatomy from CT and MRI scans; products give medical specialists time-saving productivity and communications tools that can be accessed throughout the enterprise and via the Web

11

ATS Medical, Inc.

3905 Annapolis Lane, Suite 105
Minneapolis, MN 55447
763-553-7736 | atsmedical.com

$65,821,000

Specializes in the treatment of structural heart disease; serves the cardiac surgery community through two market segments: heart valve disease therapy--which includes mechanical heart valves, tissue heart valves and heart valve repair products--and surgical ablation of cardiac arrhythmias

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12

IntriCon Corporation

1260 Red Rox Road
Arden Hills, MN 55112
651-636-9770 | intricon.com

$65,555,000

Biotelemetry products including life-critical diagnostic monitoring devices, drug-delivery systems, injection-molded plastics, and microelectronics and micro-mechanical assemblies

13

Vascular Solutions, Inc.

6464 Sycamore Court
Minneapolis, MN 55369
763-656-4300 | vascularsolutions.com

$61,221,000

Diagnostic and interventional devices for vascular medicine, including hemostat products, extraction catheters, vein products, specialty catheters, access products, and other products for clinical use

14

Cardiovascular Systems, Inc.

651 Campus Drive
St. Paul, MN 55112
651-259-1600 | csi360.com

$56,461,000

Medical devices for treating cardiovascular disease; its Diamondback 360 system is designed to optimize procedural safety and efficiency for patients suffering from occlusive peripheral arterial disease

15

Synovis Life Technologies, Inc.

2575 University Avenue West
St. Paul, MN 55114
651-796-7300 | synovislife.com

$49,800,000

Medical devices for the surgical treatment of disease, including implantable biomaterials; surgical tools; products for the microsurgery market

16

HEI, Inc.

1495 Steiger Lake Lane
Victoria, MN 55386
952-443-2500 | heii.com

$41,963,000

Contract manufacturing of therapeutic and monitoring and diagnostic instruments, including DNA-based microbiology and test systems, current control (aneurysm treatment), and transcutaneous electronic nerve stimulators

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17

Rochester Medical Corporation

1 Rochester Medical Drive
Stewartville, MN 55976
507-533-9600 | rocm.com

$35,192,000

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

18

Angeion Corporation

350 Oak Grove Parkway
St. Paul, MN 55127
651-484-4874 | angeion.com

$30,011,000

Non-invasive cardio-respiratory diagnostic systems that provide a view of a person's overall cardiorespiratory health and fitness; products are sold under the MedGraphics and New Leaf brand and trade names

19

Mocon, Inc.

7500 Boone Avenue North
Minneapolis, MN 55428
763-493-6370 | mocon.com

$29,696,000

Instruments that detect, measure, and monitor gases and chemical compounds; provides consulting services for the measurement and analytical instrument and services markets

20

Winland Electronics, Inc.

1950 Excel Drive
Mankato, MN 56001
507-625-7231 | winland.com

$28,665,000

Outsourcing and electronic manufacturing services focused on electronic product design, manufacturing, and support services for medical device manufacturers

21

Uroplasty, Inc.

5420 Felti Road
Minnetonka, MN 55343
952-426-6140 | uroplasty.com

$14,742,000

The Urgent PC system, an FDA-approved, minimally, invasive, office-based neurostimulation therapy for the treatment of urinary symptoms--urinary urgency, urinary frequency, and urge incontinence--often associated with overactive bladder; Macroplastique, a minimally invasive, implantable soft tissue urethral bulking agent for the treatment of adult female stress urinary incontinence

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22

Urologix, Inc.

14405 21st Avenue North
Minneapolis, MN 55447
763-475-1400 | urologix.com

$12,816,000

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

23

Biotel, Inc.

1285 Corporate Center Drive, Suite 150
Eagan, MN 55121
651-286-8620 | biotelinc.com

$12,640,000

Ambulatory cardiac monitoring devices; a recent merger with Carolina Medical expanded its offerings to include vacuum pumps and flow meters for medical applications

24

Hypertension Diagnostics, Inc.

2915 Waters Road, Suite 108
Eagan, MN 55121
651-687-9999 | hdi-pulsewave.com

$503,000

Proprietary devices that non-invasively measure both large and small artery elasticity

Note: EnteroMedics, Inc., and ProUroCare Medical, Inc., are publicly traded medical device manufacturers but do not appear on this list because they are start-ups and have not yet produced any revenue.

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