How many total Diversified Medical Devices companies are there?

As of Apr 2026, there are 2,452 active companies in Diversified Medical Devices sector.

Which countries have the most Diversified Medical Devices companies?

United States (517) has the highest number of Diversified Medical Devices companies, followed by India (401) and China (338).

How many Diversified Medical Devices companies are funded?

As of Apr 2026, 552 companies in this sector have received funding.

Which company has raised the most funding in Diversified Medical Devices sector?

As of Apr 2026, Commure has secured $753M in funding, making it the highest-funded company in the Diversified Medical Devices sector.

Which country has attracted the most investment in Diversified Medical Devices companies?

With $20.8B in total funding, United States has attracted the most investment among Diversified Medical Devices companies.

How much venture capital has Diversified Medical Devices sector attracted?

In the last 10 years, venture capital firms have invested $2.37B in this sector.

Diversified Medical Devices - 2026 Market & Investments Trends

Q: Who are the top investors in Diversified Medical Devices companies?

The top investors in Diversified Medical Devices companies by number of investments are HHS, Europa and OSTI

There are 2.66K companies in the Diversified Medical Devices sector across the world, with 552 funded companies having collectively raised $41.1B in venture capital money and private equity. Overall 329 of these are Series A+ funded, and 1 of these is a unicorn.

Diversified Medical Devices sector has seen 116 acquisitions and 126 IPOs. This represents almost 9.1% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.

This sector includes companies which conduct R&D for developing and manufacturing proprietary medical devices for the prevention, diagnosis, and treatment of a range of diseases across multiple disease areas.

Diversified Medical Devices sector is also known as Medical Devices, Diagnostic Equipment or Diagnostic Tools.

Companies included in Diversified Medical Devices sector

Companies manufacturing a range of medical devices for the prevention, diagnosis or treatment of medical condition or therapy areas (For a company to be considered a diversified company, it must be developing products in more than 5 disease areas)

Companies excluded in Diversified Medical Devices sector

1)Medical Devices - includes a number of Therapeutic Areas that is \<=5 2)Services to Medical Device Manufacturers 3)Medical Device Distributors 4)Biopharmaceuticals 5)Diagnostics 6)Healthcare Service Providers - includes clinic labs, clinics, hospitals, pharmacies Rehabilitation, Long-Term Care and Home Healthcare Companies

Key Metrics

Total Companies

2.66K

Top Companies

Boston Scientific, Medtronic & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

126

Acquisitions

116

Also known as

Medical Devices or Diagnostic Equipment

View complete details of this sector

Here are some reports related to Diversified Medical Devices sector:

Free

Diversified Medical Devices - Sector Report

Edition: October, 2025 (55 Pages)

Premium

Diversified Medical Devices Investor Landscape

Edition: February, 2025 (12 Pages)

Premium

Diversified Medical Devices Exit Landscape

Edition: November, 2025 (15 Pages)

View all reports related to Diversified Medical Devices. Sign up today!

There are more than 2.66K companies in Diversified Medical Devices. Boston Scientific is the top Diversified Medical Devices company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Diversified Medical Devices companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Boston Scientific	Wide range of medical devices	Marlborough (United States)	1979	Public	-
Medtronic	Developer of medical equipment for chronic diseases	Minneapolis (United States)	1949	Public	-
Trivitron	Provider of medical technology and devices for healthcare industry needs	Chennai (India)	1997	Series C	$109M
HOYA	Developer of a wide range of medical devices	Shinjuku (Japan)	1941	Public	-
SAGE Therapeutics	Developer of drug candidates for the treatment of rare CNS disorders	Boston (United States)	1971	Acquired	$106M

Get a longer list of companies

Companies founded year-on-year in the Diversified Medical Devices sector

2 new startups have been founded so far in 2026 in the Diversified Medical Devices sector. 129 Diversified Medical Devices startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	2
2025	5
2024	15
2023	32
2022	49
2021	61
2020	129
2019	77
2018	59
2017	68

Companies founded across countries in the Diversified Medical Devices sector

United States has 517 Diversified Medical Devices startups, the most by any country, followed by India which has 401 startups and China which has 338.

Total Number of Companies

Country	No. of companies
United States	517
India	401
China	338
United Kingdom	230
Germany	210
Italy	58
Canada	50
South Korea	45
France	39
Japan	32

Stage-wise distribution of the Diversified Medical Devices sector

Out of the total 2,656 Diversified Medical Devices companies, 552 have secured funding. Among them, 329 have reached Series A or higher, and 282 to Series B or beyond.

Founded - 2,656

Funded - 552

Series A+ - 329

Series B+ - 282

Series C+ - 261

Company Stage	No. of companies
Founded	2,656
Funded	552
Series A+	329
Series B+	282
Series C+	261

Want to know more about Diversified Medical Devices ? Signup and explore Tracxn for free

2.7K+ Total Companies
$41.1B+ Total Funding
550+ Funded Companies
125+ IPOs
115+ Acquisitions
5 Reports

Total funding year-on-year in the Diversified Medical Devices sector

The Diversified Medical Devices sector saw a total funding of more than $23.6B in the last 10 years. The most amount of funding was in 2019 at more than $9.95B. There has been a total funding of $39.5M in 2026 till date.

Total Funding

Year	Total Funding
2026	$39.5M
2025	$1.24B
2024	$153M
2023	$851M
2022	$477M
2021	$1.57B
2020	$1.74B
2019	$9.95B
2018	$5.39B
2017	$2.19B

Total funding across countries in the Diversified Medical Devices sector

In the last 10 years, Diversified Medical Devices startups in United States have recieved the highest funding among all countries - $20.8B. India follows with $479M and China with $219M.

Total Funding

Country	Total Funding
United States	$20.8B
India	$479M
China	$219M
Netherlands	$42.5M
Canada	$24.3M
United Kingdom	$23.2M
France	$13.4M
South Korea	$5M
Italy	$3.38M
Germany	$2.85M

Total funding amount raised by stage in the Diversified Medical Devices sector

Over the last 10 years, the Diversified Medical Devices sector have seen $79.7M into Seed Stage funding rounds, $734M into Early Stage funding rounds and $1.41B go into Late Stage funding rounds.

Funding Stage	Total Funding
Debt	$15.3B
Post IPO	$3.95B
Late Stage	$1.41B
Early Stage	$734M
Grant	$279M
PE	$210M
Seed Stage	$79.7M
Other-Equity	$5M

Recent Funding Rounds in Diversified Medical Devices

In the year 2026, till March 2026, Diversified Medical Devices companies have raised $39.5M in equity funding across 8 rounds. In the same period last year (i.e. till March 2025), Diversified Medical Devices companies had raised $29.3M across 5 rounds. So, 2026 has seen a 34.88% rise in funding in Diversified Medical Devices companies as compared to 2025.

Here are some recent, important funding rounds in Diversified Medical Devices:

Company	Round Raised	Amount Raised	Funding Date	Investors
Bioliberty	Series A	1484	Mar 18, 2026	The Scottish National Investment Bank ... and 5 more
Singular Medical	Series C	4545	Mar 02, 2026	Hunan High-tech Venture Capital Group
Pulse	Seed	4415	Feb 25, 2026	3one4 Capital and 2 more
EMED Technologies	Series A	1205	Feb 24, 2026	-
Entirety Biomedical	Seed	4969	Feb 11, 2026	NuFund and 5 more

See a more detailed list of funding rounds

HHS is the top investor in Diversified Medical Devices companies based on number of companies invested.

Here are some top investors in Diversified Medical Devices:

Investor	Location	Top Portfolio Companies
HHS	Washington, DC (United States)	Boston Scientific, BioMerieux, Johnson & Johnson MedTech and Ricovr
Europa	Belgium	Boston Scientific, Medtronic, Stryker and Teleflex Medical
OSTI	Oak Ridge (United States)	Resonetics, Hummingbird Scientific and BTech Acoustics
National Science Foundation	Arlington (United States)	AvantGuard, Biotex, Hummingbird Scientific and Verix Health
BIRAC	Delhi (India)	Embryyo, Promea Therapeutics, Transasia Bio-Medicals and Lattice

See a more detailed list of investors

In the year 2026, till February 2026, 1 acquisition happened in Diversified Medical Devices sector. Last year, in 2025, a total of 7 acquisitions happened in Diversified Medical Devices sector.

Here are some recent, important acquisitions in Diversified Medical Devices:

Company	Acquisition Type	Acquisition Date	Acquirers
Compass Health Brands	Business Acquisition	Feb 20, 2026	Drive DeVilbiss Healthcare
Anand Chemiceutics	Business Acquisition	Nov 13, 2025	Orbimed and 2 more
CA-MI	Business Acquisition	Nov 11, 2025	-
Hologic	Business Acquisition	Oct 21, 2025	Blackstone and 1 more
Aktiv Technologies	Business Acquisition	Jul 10, 2025	ESAB Corporation

See a more detailed list of acquisitions

Acquisition trends in Diversified Medical Devices

Here are the acquisition trends in Diversified Medical Devices:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	7
2024	4
2023	8
2022	11
2021	10
2020	9
2019	8
2018	6
2017	6

In the year 2025, till December 2025, 3 IPOs happened in Diversified Medical Devices sector.

Here are some recent, important IPOs in Diversified Medical Devices:

Company	IPO Date	Exchange Symbol
Ultragreen	Dec 03, 2025	Singapore stock exchange. ( SGX)
Aakaar Medical Technologies	Jun 27, 2025	National Stock Exchange (NSE)
BIOBIJOU	May 20, 2025	Korea Exchange (KRX)
MEDinCN.com	Nov 08, 2024	Shanghai Stock Exchange (SSE)
TAUNS Laboratories	Jun 20, 2024	Tokyo Stock Exchange (TSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Diversified Medical Devices sector

Most number of Diversified Medical Devices startups have been founded by alumni from Harvard University, Stanford University and Cornell University.

College	No. of companies
Harvard University	6
Stanford University	6
Cornell University	5
University of California (Berkeley)	5
University of Pennsylvania	5
Duke University	4
Massachusetts Institute of Technology	4
Tel Aviv University	4
Harvard Business School	3
INSEAD	3

Total funding in companies founded by alumni from top colleges in the the Diversified Medical Devices sector

In the last 10 years, Massachusetts Institute of Technology graduates' Diversified Medical Devices companies have raised the most funding among top colleges. Duke University alumni are second, and University of Pennsylvania alumni are third.

College	Total Funding
Massachusetts Institute of Technology	$15.2B
Duke University	$5.23B
University of Pennsylvania	$5.21B
Wharton School	$5.21B
London School of Economics and Political Science	$2.7B
University of California (Berkeley)	$300M
Harvard University	$300M
BITS Pilani	$109M
University of Bristol	$97.4M
Cornell University	$63M