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.
352 U.S.-listed Healthcare companies with a market cap of at least $1B are ranked here by market capitalization, worth a combined $9.74T — 10.35% of the total market tracked on MarketCapLens. The most valuable is Eli Lilly and Company at $1.27T. As of November 7, 2026. Size ranking for research, not a sector recommendation.
| Industry | Companies | Combined cap | % of sector |
|---|---|---|---|
| Drug Manufacturers - General | 16 | $4.6T | 47.26% |
| Biotechnology | 155 | $1.24T | 12.73% |
| Medical - Diagnostics & Research | 27 | $913.24B | 9.38% |
| Medical - Devices | 39 | $820.39B | 8.42% |
| Medical - Healthcare Plans | 11 | $743.13B | 7.63% |
| Medical - Instruments & Supplies | 24 | $430.62B |
The largest company, Eli Lilly and Company (LLY), is 13.08% of Healthcare. The three largest — Eli Lilly and Company (LLY), Johnson & Johnson (JNJ), and AbbVie Inc. (ABBV) — are 25.19% of the sector. The ten largest are 45.99%. 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 | $1.27T | $1,354.00 | -0.79% | 3.58M | 13.08% |
| 2 | Johnson & JohnsonJNJ | $664.95B | $276.22 | +1.43% | 8.86M | 6.83% |
| 3 | AbbVie Inc.ABBV | $514.78B | $291.31 | +1.07% | 5.02M | 5.29% |
| 4 | Merck & Co., Inc.MRK | $361.96B | $146.71 | -0.16% | 7.46M | 3.72% |
| 5 | UnitedHealth Group IncorporatedUNH | $353.79B | $394.15 | -0.40% | 5.75M | 3.63% |
| 6 | Novartis AGNVS | $307B | $162.55 | +0.38% | 2M | 3.15% |
| 7 | AstraZeneca PLCAZN | $289.13B | $186.43 | -0.22% | 2.77M | 2.97% |
| 8 | Thermo Fisher Scientific Inc.TMO | $257.42B | $694.76 | +2.63% | 2.09M | 2.64% |
| 9 | Amgen Inc.AMGN | $248.92B | $460.42 | +0.03% | 2.58M | 2.56% |
| 10 | Gilead Sciences, Inc.GILD | $207B | $166.89 | -0.41% | 5.7M | 2.13% |
| 11 | Abbott LaboratoriesABT | $190.22B | $109.93 | -3.23% | 8.16M | 1.95% |
| 12 | Novo Nordisk A/SNVO | $177.74B | $40.31 | +0.02% | 9.15M | 1.82% |
| 13 | Pfizer Inc.PFE | $167.51B | $29.39 | -0.20% | 48.23M | 1.72% |
| 14 | Danaher CorporationDHR | $161.86B | $230.25 | +1.73% | 3.74M | 1.66% |
| 15 | Intuitive Surgical, Inc.ISRG | $159.96B | $452.80 | -3.36% | 2.15M | 1.64% |
| 16 | Vertex Pharmaceuticals IncorporatedVRTX | $138.67B | $547.09 | +0.85% | 1.27M | 1.42% |
| 17 | Medtronic PlcMDT | $130.22B | $101.80 | -2.90% | 7.25M | 1.34% |
| 18 | Bristol-Myers Squibb CompanyBMY | $127.02B | $62.14 | -1.57% | 9.09M | 1.30% |
| 19 | Stryker CorporationSYK | $124.02B | $325.78 | -2.78% | 3.75M | 1.27% |
| 20 | McKesson CorporationMCK | $123.68B | $1,060.84 | -1.04% | 809.75K | 1.27% |
| 21 | SanofiSNY | $113.77B | $47.04 | +0.28% | 3.89M | 1.17% |
| 22 | CVS Health Corp.CVS | $107.24B | $83.85 | +3.10% | 14.03M | 1.10% |
| 23 | HCA Healthcare, Inc.HCA | $103.4B | $494.99 | -2.46% | 1.46M | 1.06% |
| 24 | GSK plcGSK | $101.8B | $50.33 | -0.16% | 3.12M | 1.05% |
| 25 | Moderna, Inc.MRNA | $101.48B | $254.19 | +5.27% | 16.29M | 1.04% |
| 26 | Regeneron Pharmaceuticals, Inc.REGN | $93.54B | $904.35 | +0.16% | 1.12M | 0.96% |
| 27 | Elevance Health Inc.ELV | $92.3B | $425.62 | -1.48% | 1.44M | 0.95% |
| 28 | Cigna CorporationCI | $77.58B | $293.59 | -2.62% | 2.43M | 0.80% |
| 29 | Takeda Pharmaceutical Company LimitedTAK | $65.82B | $21.02 | -0.80% | 2.97M | 0.68% |
| 30 | Cencora, Inc.COR | $63.65B | $333.56 | -1.80% | 1.58M | 0.65% |
| 31 | Cardinal Health, Inc.CAH | $62.92B | $271.72 | +1.46% | 1.96M | 0.65% |
| 32 | Boston Scientific CorporationBSX | $61.96B | $42.75 | -4.23% | 14.71M | 0.64% |
| 33 | Edwards Lifesciences CorporationEW | $58.87B | $102.14 | +1.31% | 5.04M | 0.60% |
| 34 | argenx SEARGX | $58.31B | $927.21 | +3.63% | 377.99K | 0.60% |
| 35 | Becton, Dickinson and CompanyBDX | $57.71B | $211.88 | -0.78% | 2.17M | 0.59% |
| 36 | IDEXX Laboratories, Inc.IDXX | $53.26B | $676.04 | +0.79% | 589.02K | 0.55% |
| 37 | Humana Inc.HUM | $52.08B | $433.74 | +5.33% | 2.58M | 0.53% |
| 38 | Teva Pharmaceutical Industries LimitedTEVA | $49.65B | $42.61 | +1.99% | 6.13M | 0.51% |
| 39 | Agilent Technologies, Inc.A | $49.28B | $174.76 | +1.73% | 1.6M | 0.51% |
| 40 | Waters CorporationWAT | $44.93B | $457.60 | +1.00% | 695.77K | 0.46% |
| 41 | IQVIA Holdings Inc.IQV | $44.8B | $271.83 | +2.62% | 1.4M | 0.46% |
| 42 | Natera, Inc.NTRA | $44.78B | $310.67 | -14.59% | 5.78M | 0.46% |
| 43 | BeOne Medicines AGONC | $43.49B | $406.96 | +5.09% | 935.75K | 0.45% |
| 44 | Revolution Medicines, Inc.RVMD | $41.21B | $192.28 | +8.24% | 4.5M | 0.42% |
| 45 | Haleon plcHLN | $40.19B | $9.14 | -0.11% | 18.68M | 0.41% |
| 46 | GE HealthCare Technologies Inc.GEHC | $37.25B | $82.38 | -1.64% | 4.18M | 0.38% |
| 47 | Biogen Inc.BIIB | $36.71B | $248.35 | +1.81% | 1M | 0.38% |
| 48 | Alcon Inc.ALC | $36.23B | $74.94 | -2.10% | 3.12M | 0.37% |
| 49 | Medline Inc.MDLN | $34.78B | $39.64 | -0.30% | 8.95M | 0.36% |
| 50 | Centene Corp.CNC | $34.51B | $69.70 | -6.03% | 5.8M | 0.35% |
| 51 | Mettler-Toledo International Inc.MTD | $34.51B | $1,722.15 | +2.57% | 350.58K | 0.35% |
| 52 | ResMed Inc.RMD | $33.1B | $235.30 | -1.68% | 1.7M | 0.34% |
| 53 | Genmab A/SGMAB | $32.98B | $53.63 | +1.69% | 7.82M | 0.34% |
| 54 | Zoetis Inc.ZTS | $32.81B | $79.40 | -3.30% | 5.81M | 0.34% |
| 55 | Illumina, Inc.ILMN | $32.23B | $213.13 | +2.47% | 2.06M | 0.33% |
| 56 | Royalty Pharma plcRPRX | $29.97B | $67.30 | -0.40% | 4.81M | 0.31% |
| 57 | Labcorp Holdings Inc.LH | $29.77B | $366.57 | +0.90% | 570.39K | 0.31% |
| 58 | Koninklijke Philips N.V.PHG | $29.66B | $30.35 | -0.52% | 1.79M | 0.30% |
| 59 | DexCom, Inc.DXCM | $29.62B | $79.41 | -5.98% | 3.94M | 0.30% |
| 60 | Quest Diagnostics IncorporatedDGX | $28.21B | $255.63 | +0.35% | 945.17K | 0.29% |
| 61 | Roivant Sciences Ltd.ROIV | $28.08B | $38.88 | +6.17% | 12.26M | 0.29% |
| 62 | West Pharmaceutical Services, Inc.WST | $27.85B | $399.81 | +1.87% | 619.75K | 0.29% |
| 63 | Insmed IncorporatedINSM | $25.1B | $114.41 | +5.19% | 3.38M | 0.26% |
| 64 | STERIS plcSTE | $24.6B | $252.30 | -0.72% | 1.33M | 0.25% |
| 65 | Incyte CorporationINCY | $24.39B | $119.65 | +1.39% | 1.49M | 0.25% |
| 66 | United Therapeutics CorporationUTHR | $24.11B | $562.02 | -0.65% | 454.93K | 0.25% |
| 67 | Viatris Inc.VTRS | $22.87B | $19.91 | +4.96% | 14.44M | 0.23% |
| 68 | Tenet Healthcare CorporationTHC | $22.55B | $283.33 | -1.09% | 631.6K | 0.23% |
| 69 | BioNTech SEBNTX | $21.7B | $87.51 | +1.92% | 690.08K | 0.22% |
| 70 | Alnylam Pharmaceuticals, Inc.ALNY | $20.89B | $155.94 | -0.46% | 2.83M | 0.21% |
| 71 | Guardant Health, Inc.GH | $20.25B | $150.87 | -1.67% | 5.51M | 0.21% |
| 72 | Zimmer Biomet Holdings, Inc.ZBH | $20.14B | $105.59 | -1.18% | 2.66M | 0.21% |
| 73 | Medpace Holdings, Inc.MEDP | $18.27B | $653.11 | +2.86% | 231.62K | 0.19% |
| 74 | Exelixis, Inc.EXEL | $17.49B | $69.57 | +1.25% | 2M | 0.18% |
| 75 | Revvity, Inc.RVTY | $17.31B | $155.11 | +2.84% | 1.68M | 0.18% |
| 76 | Ascendis Pharma A/SASND | $16.9B | $256.82 | +1.33% | 883.78K | 0.17% |
| 77 | Neurocrine Biosciences, Inc.NBIX | $16.66B | $164.63 | +3.05% | 1.51M | 0.17% |
| 78 | Charles River Laboratories International, Inc.CRL | $16.17B | $337.52 | +7.83% | 1.06M | 0.17% |
| 79 | Solventum CorporationSOLV | $15.38B | $90.38 | +3.67% | 3.17M | 0.16% |
| 80 | ICON Public Limited CompanyICLR | $15.34B | $204.74 | +1.53% | 1.34M | 0.16% |
| 81 | Jazz Pharmaceuticals plcJAZZ | $15.07B | $234.76 | +3.27% | 886.98K | 0.15% |
| 82 | BridgeBio Pharma, Inc.BBIO | $14.47B | $74.29 | +0.03% | 3.16M | 0.15% |
| 83 | Encompass Health CorporationEHC | $13.57B | $137.54 | -2.64% | 1.18M | 0.14% |
| 84 | Smith & Nephew plcSNN | $13.54B | $31.15 | -2.69% | 1.86M | 0.14% |
| 85 | Tempus AI, Inc.TEM | $13.49B | $76.05 | +7.98% | 6.27M | 0.14% |
| 86 | BrightSpring Health Services, Inc. Common StockBTSG | $13.36B | $67.15 | +1.96% | 2.45M | 0.14% |
| 87 | Baxter International Inc.BAX | $13.34B | $25.79 | +0.55% | 6.19M | 0.14% |
| 88 | Glaukos CorporationGKOS | $13.28B | $224.41 | +2.01% | 1.2M | 0.14% |
| 89 | Summit Therapeutics Inc.SMMT | $13.03B | $16.33 | +15.08% | 5.78M | 0.13% |
| 90 | Elanco Animal Health IncorporatedELAN | $12.86B | $25.74 | +8.70% | 11.51M | 0.13% |
| 91 | Penumbra, Inc.PEN | $12.58B | $319.21 | -0.59% | 336.09K | 0.13% |
| 92 | Fresenius Medical Care AG & Co. KGaAFMS | $12.45B | $23.40 | -1.10% | 1.09M | 0.13% |
| 93 | Dr. Reddy's Laboratories LimitedRDY | $12.42B | $14.91 | +2.62% | 2.64M | 0.13% |
| 94 | DaVita Inc.DVA | $12.04B | $191.35 | -1.78% | 603.67K | 0.12% |
| 95 | The Cooper Companies, Inc.COO | $11.86B | $62.36 | -1.81% | 2.06M | 0.12% |
| 96 | Align Technology, Inc.ALGN | $11.79B | $166.00 | +4.16% | 1.76M | 0.12% |
| 97 | Halozyme Therapeutics, Inc.HALO | $11.76B | $103.63 | -15.72% | 6.16M | 0.12% |
| 98 | Bio-Techne CorporationTECH | $11.43B | $72.78 | +0.17% | 1.97M | 0.12% |
| 99 | Kymera Therapeutics, Inc.KYMR | $11.25B | $131.73 | +2.82% | 784.52K | 0.12% |
| 100 | Repligen CorporationRGEN | $11.09B | $173.49 | +2.97% | 1.07M | 0.11% |
| 4.42% |
| Drug Manufacturers - Specialty & Generic | 24 | $283.15B | 2.91% |
|---|
| Medical - Distribution | 5 | $261B | 2.68% |
|---|
| Other | 51 | $445.51B | 4.57% |
|---|
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.