Largest healthcare companies by market cap (2024)

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Largest healthcare companies by market cap? ›

UnitedHealth Group is the biggest publicly traded health insurance company in the U.S. by market capitalization. Through its network of companies, UnitedHealth offers numerous health insurance plans as well as owns Optum, which provides, among other things, healthcare benefits like health savings accounts (HSAs).

UnitedHealth Group is the biggest publicly traded health insurance company in the U.S. by market capitalization. Through its network of companies, UnitedHealth offers numerous health insurance plans as well as owns Optum, which provides, among other things, healthcare benefits like health savings accounts (HSAs).

1. UnitedHealth Group. With an impressive $371.6 billion in revenue in 2023, UnitedHealth Group leads as one of the top healthcare companies globally. Based in Minnetonka, Minnesota, this powerhouse employs over 400,000 people.

The United States is the world's largest healthcare market, but with consolidation and exposure to government payers, healthcare markets in other regions are expected to grow faster. In 2021, U.S. healthcare spending was $4.3 trillion (about $12,900 per person).

2023 Revenue: $100.8 billion

Kaiser Permanente tops the list for being the largest hospital system in the US by revenue which serves 12.6 million members across 8 states and the District of Columbia.

Ranking of health and health systems of countries worldwide in 2023. In 2023, Singapore dominated the ranking of the world's health and health systems, followed by Japan and South Korea.

UnitedHealthcare is the strongest healthcare brand in the ranking with a Brand Strength Index (BSI) score of 77.4 out of 100 and a brand rating of AA+.

What is the richest medical company in the world? ›

The biggest, UnitedHealth Group, made $324bn in revenues last year, behind only Walmart, Amazon, Apple and ExxonMobil, and $25bn in pre-tax profit. Its 151m customers represent nearly half of all Americans.

UnitedHealth Group was the largest health insurer by market share in 42% (161) of MSAs, followed by Humana with a market share lead in 22% (83) of MSAs, and CVS (Aetna) with a market share lead in 7% (25) of MSAs.

For years, Johnson & Johnson was the top ranked biotech and pharmaceutical company in the world based on market capitalization, However, this changed in 2023, when Johnson & Johnson was overtaken by Eli Lilly. The company's employment saw a constant growth over the last two decades.

The NHS is the biggest employer in Europe and the world's largest employer of highly skilled professionals.