Healthcare groups drug makers, device companies, insurers, and care providers under one industry-group label — not a single product cycle and not the same as a biotech index. Combined size is not a sector return. See how the ranking works.
354 U.S.-listed Healthcare companies with a market cap of at least $1B are ranked here by market capitalization, worth a combined $9.24T — 9.28% of the total market tracked on MarketCapLens. The most valuable is Eli Lilly and Company at $1.18T. As of October 19, 2026. Size ranking for research, not a sector recommendation.
| Industry | Companies | Combined cap | % of sector |
|---|---|---|---|
| Drug Manufacturers - General | 16 | $4.31T | 46.61% |
| Biotechnology | 154 | $1.16T | 12.51% |
| Medical - Diagnostics & Research | 27 | $895.49B | 9.69% |
| Medical - Devices | 39 | $764.23B | 8.27% |
| Medical - Healthcare Plans | 11 | $757B | 8.19% |
| Medical - Instruments & Supplies | 24 | $408.76B |
The largest company, Eli Lilly and Company (LLY), is 12.71% of Healthcare. The three largest — Eli Lilly and Company (LLY), Johnson & Johnson (JNJ), and AbbVie Inc. (ABBV) — are 24.75% of the sector. The ten largest are 45.67%. Eli Lilly and Company is classified as Drug Manufacturers - General, which is also the largest industry in this sector by combined cap.
| Weight |
|---|
| 1 | Eli Lilly and CompanyLLY | $1.18T | $1,248.30 | -0.68% | 753.29K | 12.71% |
| 2 | Johnson & JohnsonJNJ | $611.17B | $253.61 | -0.76% | 2.77M | 6.61% |
| 3 | AbbVie Inc.ABBV | $501.72B | $283.92 | -0.54% | 1.38M | 5.43% |
| 4 | UnitedHealth Group IncorporatedUNH | $361.39B | $402.62 | +0.31% | 2.04M | 3.91% |
| 5 | Merck & Co., Inc.MRK | $356.8B | $144.62 | -0.91% | 3.29M | 3.86% |
| 6 | Novartis AGNVS | $285.94B | $150.44 | -0.13% | 1.29M | 3.09% |
| 7 | AstraZeneca PLCAZN | $256.3B | $165.26 | -0.12% | 1M | 2.77% |
| 8 | Thermo Fisher Scientific Inc.TMO | $250B | $676.13 | -2.01% | 938.41K | 2.70% |
| 9 | Amgen Inc.AMGN | $231.67B | $428.52 | -0.91% | 826.33K | 2.51% |
| 10 | Gilead Sciences, Inc.GILD | $191.67B | $154.58 | -1.04% | 2.12M | 2.07% |
| 11 | Abbott LaboratoriesABT | $179.55B | $103.77 | -1.06% | 3.62M | 1.94% |
| 12 | Novo Nordisk A/SNVO | $170.58B | $38.45 | -1.00% | 3.55M | 1.85% |
| 13 | Pfizer Inc.PFE | $167.48B | $29.38 | -0.66% | 8.53M | 1.81% |
| 14 | Danaher CorporationDHR | $157.71B | $224.35 | -2.06% | 1.56M | 1.71% |
| 15 | Intuitive Surgical, Inc.ISRG | $152.71B | $432.28 | +1.31% | 1.23M | 1.65% |
| 16 | Vertex Pharmaceuticals IncorporatedVRTX | $127.98B | $504.92 | +1.04% | 411.37K | 1.38% |
| 17 | Bristol-Myers Squibb CompanyBMY | $120.57B | $59.03 | -1.22% | 5.1M | 1.30% |
| 18 | Medtronic PlcMDT | $118.86B | $92.92 | -1.96% | 3.42M | 1.29% |
| 19 | McKesson CorporationMCK | $116.8B | $1,001.82 | -0.31% | 231.42K | 1.26% |
| 20 | CVS Health Corp.CVS | $116.75B | $91.29 | -1.17% | 1.9M | 1.26% |
| 21 | Stryker CorporationSYK | $114.63B | $298.85 | +1.42% | 1.25M | 1.24% |
| 22 | GSK plcGSK | $99.19B | $49.51 | 0.00% | 2.91M | 1.07% |
| 23 | HCA Healthcare, Inc.HCA | $98.51B | $455.00 | -0.86% | 329.33K | 1.07% |
| 24 | SanofiSNY | $95.57B | $39.89 | -1.83% | 1.38M | 1.03% |
| 25 | Elevance Health Inc.ELV | $92.43B | $426.21 | -0.48% | 343.67K | 1.00% |
| 26 | Moderna, Inc.MRNA | $88.87B | $222.60 | +2.11% | 11.8M | 0.96% |
| 27 | Regeneron Pharmaceuticals, Inc.REGN | $80.99B | $786.61 | -0.56% | 185.08K | 0.88% |
| 28 | Cigna CorporationCI | $78.5B | $297.08 | -1.66% | 422.21K | 0.85% |
| 29 | Boston Scientific CorporationBSX | $64.79B | $44.71 | +0.68% | 5.23M | 0.70% |
| 30 | Cencora, Inc.COR | $64.54B | $338.19 | -0.82% | 285.84K | 0.70% |
| 31 | Takeda Pharmaceutical Company LimitedTAK | $62.64B | $19.69 | +0.08% | 1.16M | 0.68% |
| 32 | Natera, Inc.NTRA | $58.06B | $402.78 | +2.44% | 518.26K | 0.63% |
| 33 | Cardinal Health, Inc.CAH | $57.93B | $250.17 | -1.55% | 328.69K | 0.63% |
| 34 | Becton, Dickinson and CompanyBDX | $51.93B | $190.64 | -0.57% | 438.63K | 0.56% |
| 35 | argenx SEARGX | $51.58B | $823.03 | +0.48% | 130.82K | 0.56% |
| 36 | Edwards Lifesciences CorporationEW | $50.16B | $87.02 | +0.45% | 1.14M | 0.54% |
| 37 | Humana Inc.HUM | $49.13B | $409.17 | -1.00% | 365.97K | 0.53% |
| 38 | Teva Pharmaceutical Industries LimitedTEVA | $48.28B | $41.43 | -0.16% | 1.13M | 0.52% |
| 39 | Agilent Technologies, Inc.A | $48.25B | $171.11 | -1.09% | 586.19K | 0.52% |
| 40 | Haleon plcHLN | $44.61B | $10.15 | +0.15% | 13.98M | 0.48% |
| 41 | IDEXX Laboratories, Inc.IDXX | $43.89B | $557.12 | -0.56% | 168.13K | 0.47% |
| 42 | IQVIA Holdings Inc.IQV | $43.58B | $264.74 | -0.81% | 241.52K | 0.47% |
| 43 | Waters CorporationWAT | $42.65B | $434.33 | -0.47% | 197.09K | 0.46% |
| 44 | BeOne Medicines AGONC | $39.68B | $371.31 | +0.60% | 153.5K | 0.43% |
| 45 | Illumina, Inc.ILMN | $39.6B | $262.28 | -0.15% | 710.26K | 0.43% |
| 46 | Revolution Medicines, Inc.RVMD | $39.16B | $182.70 | +2.67% | 815.28K | 0.42% |
| 47 | Biogen Inc.BIIB | $34.43B | $233.00 | +0.25% | 265.94K | 0.37% |
| 48 | ResMed Inc.RMD | $33.64B | $239.17 | +0.10% | 227.24K | 0.36% |
| 49 | Centene Corp.CNC | $33.51B | $67.83 | -1.92% | 1.08M | 0.36% |
| 50 | Zoetis Inc.ZTS | $32.88B | $79.58 | +0.25% | 1.03M | 0.36% |
| 51 | Mettler-Toledo International Inc.MTD | $32.54B | $1,624.00 | +0.11% | 48.63K | 0.35% |
| 52 | DexCom, Inc.DXCM | $32.43B | $85.93 | -0.18% | 807.49K | 0.35% |
| 53 | Alcon Inc.ALC | $31.91B | $66.02 | -0.23% | 487.73K | 0.35% |
| 54 | Alnylam Pharmaceuticals, Inc.ALNY | $31.4B | $234.69 | +1.31% | 376.03K | 0.34% |
| 55 | GE HealthCare Technologies Inc.GEHC | $31.35B | $69.41 | -0.20% | 606.45K | 0.34% |
| 56 | Medline Inc.MDLN | $31.04B | $35.38 | -1.64% | 2.54M | 0.34% |
| 57 | West Pharmaceutical Services, Inc.WST | $27.1B | $385.04 | +0.26% | 104.78K | 0.29% |
| 58 | Royalty Pharma plcRPRX | $26.77B | $60.12 | -1.40% | 886.58K | 0.29% |
| 59 | Quest Diagnostics IncorporatedDGX | $25.93B | $234.91 | -0.03% | 311.18K | 0.28% |
| 60 | Labcorp Holdings Inc.LH | $25.76B | $317.69 | -0.04% | 130.44K | 0.28% |
| 61 | Roivant Sciences Ltd.ROIV | $25.06B | $34.69 | +3.44% | 2.35M | 0.27% |
| 62 | Koninklijke Philips N.V.PHG | $24.99B | $25.57 | -0.68% | 312.3K | 0.27% |
| 63 | Genmab A/SGMAB | $23.78B | $38.67 | +4.49% | 2.75M | 0.26% |
| 64 | United Therapeutics CorporationUTHR | $23.4B | $545.52 | +2.32% | 146.69K | 0.25% |
| 65 | Incyte CorporationINCY | $22.99B | $113.40 | +0.34% | 372.68K | 0.25% |
| 66 | BioNTech SEBNTX | $22.25B | $88.56 | +0.96% | 475.27K | 0.24% |
| 67 | STERIS plcSTE | $21.58B | $221.38 | -0.59% | 101.04K | 0.23% |
| 68 | Tenet Healthcare CorporationTHC | $21.38B | $265.52 | -0.68% | 109.53K | 0.23% |
| 69 | Guardant Health, Inc.GH | $21.37B | $159.28 | +0.49% | 709.1K | 0.23% |
| 70 | Viatris Inc.VTRS | $21.07B | $18.35 | -1.66% | 3.61M | 0.23% |
| 71 | Insmed IncorporatedINSM | $21.01B | $96.23 | -0.11% | 1.13M | 0.23% |
| 72 | Zimmer Biomet Holdings, Inc.ZBH | $18.1B | $94.87 | -0.12% | 355.47K | 0.20% |
| 73 | Medpace Holdings, Inc.MEDP | $17.35B | $621.49 | +0.49% | 78.99K | 0.19% |
| 74 | Revvity, Inc.RVTY | $17.05B | $152.81 | +0.16% | 397.71K | 0.18% |
| 75 | Exelixis, Inc.EXEL | $15.7B | $62.44 | +0.32% | 571.09K | 0.17% |
| 76 | Solventum CorporationSOLV | $14.58B | $85.64 | -0.20% | 174.18K | 0.16% |
| 77 | Charles River Laboratories International, Inc.CRL | $14.42B | $299.39 | -0.25% | 158.34K | 0.16% |
| 78 | Ascendis Pharma A/SASND | $14.36B | $230.23 | +2.26% | 522.24K | 0.16% |
| 79 | Halozyme Therapeutics, Inc.HALO | $13.95B | $122.91 | +0.82% | 521.37K | 0.15% |
| 80 | Neurocrine Biosciences, Inc.NBIX | $13.86B | $136.32 | +0.52% | 266.69K | 0.15% |
| 81 | Jazz Pharmaceuticals plcJAZZ | $13.54B | $208.57 | -0.77% | 204.05K | 0.15% |
| 82 | BridgeBio Pharma, Inc.BBIO | $13.32B | $68.13 | +2.62% | 712.12K | 0.14% |
| 83 | ICON Public Limited CompanyICLR | $12.98B | $168.29 | -1.17% | 237.44K | 0.14% |
| 84 | Baxter International Inc.BAX | $12.91B | $24.97 | -1.29% | 1.39M | 0.14% |
| 85 | Penumbra, Inc.PEN | $12.68B | $321.89 | +0.31% | 58.16K | 0.14% |
| 86 | Summit Therapeutics Inc.SMMT | $12.52B | $15.70 | +7.31% | 3.06M | 0.14% |
| 87 | Encompass Health CorporationEHC | $12.21B | $123.74 | -3.18% | 419.09K | 0.13% |
| 88 | Corcept Therapeutics IncorporatedCORT | $12.19B | $112.77 | +2.34% | 121.01K | 0.13% |
| 89 | Smith & Nephew plcSNN | $12.07B | $28.84 | -0.76% | 334.25K | 0.13% |
| 90 | BrightSpring Health Services, Inc. Common StockBTSG | $12.02B | $60.76 | -0.12% | 373.31K | 0.13% |
| 91 | DaVita Inc.DVA | $11.91B | $186.73 | -0.31% | 89.39K | 0.13% |
| 92 | Elanco Animal Health IncorporatedELAN | $11.77B | $23.57 | +0.02% | 847.53K | 0.13% |
| 93 | Fresenius Medical Care AG & Co. KGaAFMS | $11.67B | $21.94 | -1.08% | 316.41K | 0.13% |
| 94 | Bio-Techne CorporationTECH | $11.37B | $72.50 | -0.09% | 1.33M | 0.12% |
| 95 | Tempus AI, Inc.TEM | $11.29B | $64.35 | -0.60% | 2.42M | 0.12% |
| 96 | Repligen CorporationRGEN | $11.19B | $176.28 | +0.52% | 246.26K | 0.12% |
| 97 | The Cooper Companies, Inc.COO | $10.99B | $57.80 | -0.21% | 787.4K | 0.12% |
| 98 | Avantor, Inc.AVTR | $10.99B | $16.25 | -1.00% | 3.93M | 0.12% |
| 99 | Dr. Reddy's Laboratories LimitedRDY | $10.87B | $13.06 | -0.11% | 440.28K | 0.12% |
| 100 | Molina Healthcare, Inc.MOH | $10.81B | $207.13 | -0.11% | 171.31K | 0.12% |
| 4.42% |
| Drug Manufacturers - Specialty & Generic | 25 | $283.7B | 3.07% |
|---|
| Medical - Distribution | 5 | $249.84B | 2.70% |
|---|
| Other | 53 | $419.92B | 4.54% |
|---|
Read the industry rows as labeled: drug manufacturers, medical devices, diagnostics, managed care, and providers sit side by side. Combined market cap is equity size, not a health-care return, and it is not a pipeline score.