Boston Scientific
- Revenue$11.9 BFY, 2021
- Market Capitalization$58.5 B2022-08-01
OverviewSuggest Edit
Boston Scientific is a developer, manufacturer, and marketer of medical devices. It offers pacemakers, defibrillators, remote patient monitoring and diagnostic monitoring solutions, spinal cord stimulator systems, a range of catheters, Chronic Total Occlusion (CTO) systems, direct visualization systems, fiducial markers, forceps, guidewires, lasers, fibers, lifting agents, needles, penile prosthesis, retrieval devices, slings, snares, stents, ureteroscopes, vein ablation solutions, thrombectomy systems, sphincterotomes, and other products. The company caters to endoscopy, interventional cardiology, neuromodulation, peripheral interventions, rhythm management, and urology and pelvic health segments.
| Type | Public | |
| Founded | 1979 | |
| HQ | Marlborough, MA, US | Map |
| Website | bostonscientific.com | |
| Employee Ratings | ||
| Overall Culture | A | More |
Recent NewsAll News
- Nevro and Boston Scientific Announce the Settlement of Their Ongoing Intellectual Property Litigations
- Global Smart Pills Market Report 2022-2027: Featuring Key Players Medtronic, Philips Healthcare, Boston Scientific Corporation & Others
- Boston Scientific tops profit and sales expectations, but trims full-year outlook
- Boston Scientific Announces Results for Second Quarter 2022
Key People/Management at Boston Scientific
Michael F Mahoney
Chairman and Chief Executive Officer
Daniel J. Brennan
Executive Vice President and Chief Financial Officer
Edward MacKey
Executive Vice President, Global Operations
Art Butcher
Executive Vice President and President, Asia Pacific
Wendy Carruthers
Senior Vice President, Human Resources
Jodi Eddy
Senior Vice President and Chief Information and Digital Officer
Boston Scientific Office Locations
Boston Scientific has offices in Marlborough, Arden Hills, Maple Grove, San Jose and in 25 other locations
Marlborough, MA, US (HQ)
300 Boston Scientific Way, Marlborough
Arden Hills, MN, US
4100 Hamline Ave N
Maple Grove, MN, US
1 Scimed Pl
San Jose, CA, US
150 Baytech Dr
Santa Clarita, CA, US
25155 Rye Canyon Loop, Valencia
Spencer, IN, US
780 Brookside Dr
Boston Scientific Financials and Metrics
Boston Scientific Revenue
Boston Scientific's revenue was reported to be $11.89 b in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 3.0b |
Gross profit (Q1, 2022) | 2.1b |
Gross profit margin (Q1, 2022), % | 68.4% |
Net income (Q1, 2022) | 110.0m |
EBIT (Q1, 2022) | 466.0m |
Market capitalization (1-Aug-2022) | 58.5b |
Closing stock price (1-Aug-2022) | 41.0 |
Cash (31-Mar-2022) | 325.0m |
EV | 67.5b |
Boston Scientific's current market capitalization is $58.5 b.
Annual
Annual
Annual
| USD | FY, 2019 |
|---|---|
EV/EBIT | 47.8 x |
EV/CFO | 39.5 x |
Revenue/Employee | 298.2k |
Debt/Equity | 0.7 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.2 x |
P/E Ratio | 13.6 |
Boston Scientific Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Baylis Medical Company | October 06, 2021 | $1.75 b |
| Devoro Medical, Inc. | September 21, 2021 | $320 m |
| Lumenis Surgical Division | March 03, 2021 | $1.1 b |
| Preventice Solutions | January 21, 2021 | $925 k |
| Farapulse | September 21, 2020 | |
| VertiFlex | May 09, 2019 | $465 m |
| BTG | November 19, 2018 | $4.2 b |
| Augmenix | September 10, 2018 | $600 m |
| SpaceOAR | September 07, 2018 | $600 m |
| Veniti | August 08, 2018 | $160 m |
Boston Scientific Revenue Breakdown
Boston Scientific revenue breakdown by business segment: 31.3% from MedSurg, 40.9% from Cardiovascular, 27.7% from Rhythm Management and 0.1% from Other
Boston Scientific revenue breakdown by geographic segment: 17.4% from APAC, 21.2% from EMEA, 58.1% from U.S. and 3.3% from Other
Boston Scientific Cybersecurity Score
Boston Scientific Environment, Social & Governance (ESG) Ratings
Boston Scientific Online and Social Media Presence
38.19k Twitter followers
Boston Scientific has 38.19k Twitter Followers. The number of followers has increased 0.7% month over month and increased 1.4% quarter over quarter
Boston Scientific's Trends
Twitter Engagement Stats for @bostonsci
2.6k
Tweets
171
Following
38.2k
Followers
14
Tweets last 30 days
10.3
Avg. likes per Tweet
78.6%
Tweets with engagement
Boston Scientific Company Culture
Overall Culture
A
77/100
CEO Rating
A+
86/100
Compensation
A-
76/100
Diversity
A-
76/100
Boston Scientific News and Updates
August 01, 2022
Nevro and Boston Scientific Announce the Settlement of Their Ongoing Intellectual Property Litigations
Parties Reach an Agreement that Concludes Outstanding Intellectual Property Disputes REDWOOD CITY, Calif., Aug. 1, 2022 /PRNewswire/ -- Nevro Corp. (NYSE: NVRO) and Boston Scientific Corp. (NYSE: BSX) announced today that they have reached a settlement in their ongoing intellectual...
July 28, 2022
Global Smart Pills Market Report 2022-2027: Featuring Key Players Medtronic, Philips Healthcare, Boston Scientific Corporation & Others
Dublin, July 28, 2022 (GLOBE NEWSWIRE) -- The "Global Smart Pills Market Report 2022" report has been added to ResearchAndMarkets.com's offering. The global smart pills market is expected to grow from $4.03 billion in 2021 to $4.48 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. …
July 27, 2022
Boston Scientific tops profit and sales expectations, but trims full-year outlook
Boston Scientific Corp. reported Wednesday second-quarter profit and sales that topped expectations, but trimmed its full-year outlook, saying it maintained "strong" market positions amid continued macroeconomic challenges. The medical devices company's stock was still inactive in premarket trading…
July 27, 2022
Boston Scientific Announces Results for Second Quarter 2022
MARLBOROUGH, Mass., July 27, 2022 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) generated net sales of $3.244 billion during the second quarter of 2022, growing 5.4 percent on a reported basis, 9.6 percent on an operational1 basis and 6.6 percent on an organic2 basis, all...
July 26, 2022
Global Electrosurgical Devices Market (2022 to 2027) - Featuring Applied Medical Resources, B Braun Melsungen and Boston Scientific Among Others
DUBLIN, July 26, 2022 /PRNewswire/ -- The "Global Electrosurgical Devices Market (2022-2027) by Type, Application, End User, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global...
July 26, 2022
Patient Monitoring Devices Global Market Report 2022: Featuring Key Players Abbott Laboratories, Boston Scientific, Honeywell International & Others
Dublin, July 26, 2022 (GLOBE NEWSWIRE) -- The "Patient Monitoring Devices: Global Markets" report has been added to ResearchAndMarkets.com's offering.
Boston Scientific Blogs
April 11, 2022
Boston Scientific Receives FDA Approval for Next-Generation Image Guided Programming Software for Deep Brain Stimulation Therapy
STIMVIEW™ XT, developed in collaboration with Brainlab AG, provides clinicians with real-time, 3D visualization and stimulation of brain anatomy
February 15, 2022
Boston Scientific Closes Acquisition of Baylis Medical Company Inc.
Boston Scientific Frequently Asked Questions
When was Boston Scientific founded?
Boston Scientific was founded in 1979.
Who are Boston Scientific key executives?
Boston Scientific's key executives are Michael F Mahoney, Daniel J. Brennan and Edward MacKey.
How many employees does Boston Scientific have?
Boston Scientific has 41,000 employees.
What is Boston Scientific revenue?
Latest Boston Scientific annual revenue is $11.9 b.
What is Boston Scientific revenue per employee?
Latest Boston Scientific revenue per employee is $290 k.
Who are Boston Scientific competitors?
Competitors of Boston Scientific include Baxter International, Johnson & Johnson and Abbott.
Where is Boston Scientific headquarters?
Boston Scientific headquarters is located at 300 Boston Scientific Way, Marlborough, Marlborough.
Where are Boston Scientific offices?
Boston Scientific has offices in Marlborough, Arden Hills, Maple Grove, San Jose and in 25 other locations.
How many offices does Boston Scientific have?
Boston Scientific has 29 offices.
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