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Thursday, Mar 28, 2024

THE LIST – Medical Device Makers

EXECUTIVE SUMMARY This year’s List of the Largest Medical Device Makers is populated by 10 companies that offer a variety of manufacturing services. The companies were ranked by the number of employees working in the greater San Fernando Valley area. Medical devices are defined as products that are used for health purposes via diagnosis, surgery or therapy. The largest company on the List is Medtronic Diabetes which maintained its previous No. 1 ranking from 2009. Medtronic is also the oldest company on the List. It has been operating since 1949. The second-oldest company is Stellar Microelectronics, an electronic assemblies maker in Valencia, which was founded in 1974. – By Josh Dausch THE PACESETTER Medtronic Diabetes is the largest medical device maker in the greater San Fernando Valley area with 1,800 local employees. Headquartered in Minneapolis, MN, Medtronic is a diversified manufacturer of several different types of medical products. Beginning with pacemakers in the 1950s, the company now also makes products to assist people with Parkinson’s disease, urinary incontinence, obesity, chronic pain and spinal disorders. From its Northridge facility, Medtronic manufactures and sells products such as insulin pumps for diabetes patients. This technology was originally developed by MiniMed, Inc. which was purchased by Medtronic in 2001. – By Josh Dausch Download the 2011 SFV’s MEDICAL DEVICE MAKERS list (pdf)

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