Steris vs Medtronic
Side-by-side comparison of AI visibility scores, market position, and capabilities
Steris plc (STE) reported ~$5.5B revenue in FY2024. Global leader in sterilization, decontamination, and infection prevention products and services for healthcare and life sciences. HQ: Dublin / Mentor, OH.
About
STERIS plc is the global leader in sterilization, reprocessing, and decontamination services and products for the healthcare and life sciences industries. The company provides the steam sterilizers, hydrogen peroxide sterilizers, endoscope reprocessors, and facility cleaning products that make surgical equipment safe to reuse — a critical but often invisible part of healthcare operations. STERIS also offers sterilization contract services for medical device manufacturers, processing implants, surgical instruments, and single-use devices at over 60 facilities worldwide.
World's largest medical device company with $32.4B FY2024 revenue; Hugo robotic surgery challenges Intuitive Surgical; MiniMed automated insulin system; Patient Monitoring spin-off 2024; NYSE: MDT.
About
Medtronic plc is the world's largest medical device company, founded in 1949 by Earl Bakken and Palmer Hermundslie in a Minneapolis, Minnesota garage—where Bakken invented the first wearable external pacemaker—and now incorporated in Ireland with operational headquarters in Dublin, trading on NYSE (MDT). The company generated approximately $32.4 billion in revenues for fiscal year 2024 (ending April 26, 2024) under CEO Geoff Martha, spanning cardiovascular, neuroscience, surgical, and diabetes therapy technologies. Medtronic's 2015 acquisition of Covidien for $49.9 billion—at the time the largest medical device merger in history—added surgical instruments, patient monitoring, and respiratory interventions while enabling Irish incorporation that reduced the company's effective tax rate. In 2024, Medtronic announced the spin-off of its Patient Monitoring & Respiratory Interventions segment as an independent company (NewCo), sharpening focus on higher-margin, high-growth therapy areas.
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