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.

While the US is the world's largest health care market, growth in the US has become significantly restricted. The health care industry in the US has become consolidated, characterized by increasing exposure to government payers. Other global markets are expected to grow faster than the US market.

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.

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.

What is the strongest brand in the healthcare industry? ›

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 highest-paid medical job? According to the BKS, physicians and surgeons have the highest-paying medical jobs, with a median annual salary of $229,300. Within this category, cardiologists earn an average annual salary of $421,330.

The top U.S. hospital by net patient revenue is St. Luke's University Hospital – Bethlehem in Bethlehem, Pennsylvania with a total revenue of $8.9 billion.

Hawaii is the top state for health care in the U.S. It has the best health outcomes in the country, with low preventable death (630 per 100,000 people), diabetes mortality and obesity rates.

As of this article, UnitedHealth Group is ranked as the largest healthcare company (by revenue) in the United States and the most significant health insurance company (by net premiums), making over $313 billion in revenue.

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.

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.

The NHS in England directly employs 1.7 million people (equivalent to 1.5 million full-time staff), with employee costs accounting for around two-thirds of NHS providers' expenditure. The NHS is the country's biggest employer and one of the largest employers globally by headcount.