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.
356 U.S.-listed Healthcare companies with a market cap of at least $1B are ranked here by market capitalization, worth a combined $9.76T — 10.05% of the total market tracked on MarketCapLens. The most valuable is Eli Lilly and Company at $1.33T. As of November 1, 2026. Size ranking for research, not a sector recommendation.
| Industry | Companies | Combined cap | % of sector |
|---|---|---|---|
| Drug Manufacturers - General | 16 | $4.67T | 47.87% |
| Biotechnology | 157 | $1.24T | 12.68% |
| Medical - Diagnostics & Research | 28 | $932.63B | 9.56% |
| Medical - Devices | 37 | $776.4B | 7.96% |
| Medical - Healthcare Plans | 11 | $758.98B | 7.78% |
| Medical - Instruments & Supplies | 24 | $410.39B |
The largest company, Eli Lilly and Company (LLY), is 13.67% of Healthcare. The three largest — Eli Lilly and Company (LLY), Johnson & Johnson (JNJ), and AbbVie Inc. (ABBV) — are 25.75% of the sector. The ten largest are 46.75%. 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 | $1.33T | $1,417.54 | +3.19% | 5.03M | 13.67% |
| 2 | Johnson & JohnsonJNJ | $657.68B | $273.20 | -0.73% | 8.97M | 6.74% |
| 3 | AbbVie Inc.ABBV | $521.11B | $294.89 | +1.41% | 6.9M | 5.34% |
| 4 | Merck & Co., Inc.MRK | $368.89B | $149.52 | +2.18% | 12.3M | 3.78% |
| 5 | UnitedHealth Group IncorporatedUNH | $365.29B | $406.97 | -0.96% | 4.3M | 3.74% |
| 6 | Novartis AGNVS | $303.67B | $160.79 | -0.19% | 3.15M | 3.11% |
| 7 | AstraZeneca PLCAZN | $289.47B | $186.65 | +7.02% | 5.38M | 2.97% |
| 8 | Thermo Fisher Scientific Inc.TMO | $257.71B | $697.00 | -1.72% | 2.09M | 2.64% |
| 9 | Amgen Inc.AMGN | $251.94B | $466.01 | +1.15% | 3.29M | 2.58% |
| 10 | Gilead Sciences, Inc.GILD | $211.64B | $170.68 | +3.06% | 11.43M | 2.17% |
| 11 | Abbott LaboratoriesABT | $183.77B | $106.20 | +1.56% | 8.44M | 1.88% |
| 12 | Novo Nordisk A/SNVO | $176.43B | $40.00 | +2.20% | 15.2M | 1.81% |
| 13 | Pfizer Inc.PFE | $173.95B | $30.52 | +1.90% | 37.09M | 1.78% |
| 14 | Danaher CorporationDHR | $163.25B | $232.23 | -2.00% | 3.75M | 1.67% |
| 15 | Intuitive Surgical, Inc.ISRG | $152.62B | $432.01 | -3.73% | 3.48M | 1.56% |
| 16 | Vertex Pharmaceuticals IncorporatedVRTX | $141.65B | $558.88 | +3.50% | 3.03M | 1.45% |
| 17 | Bristol-Myers Squibb CompanyBMY | $127.71B | $62.48 | +1.78% | 12.67M | 1.31% |
| 18 | Medtronic PlcMDT | $123.49B | $96.54 | -0.59% | 8.67M | 1.27% |
| 19 | McKesson CorporationMCK | $115.96B | $994.58 | +1.40% | 763.11K | 1.19% |
| 20 | CVS Health Corp.CVS | $115.43B | $90.25 | -0.09% | 8.19M | 1.18% |
| 21 | Stryker CorporationSYK | $111.95B | $291.86 | -6.38% | 6.44M | 1.15% |
| 22 | SanofiSNY | $106.9B | $44.34 | +2.81% | 15.1M | 1.10% |
| 23 | HCA Healthcare, Inc.HCA | $102.45B | $473.19 | -1.02% | 1.12M | 1.05% |
| 24 | GSK plcGSK | $99.24B | $49.51 | +1.71% | 4.47M | 1.02% |
| 25 | Regeneron Pharmaceuticals, Inc.REGN | $95.51B | $927.89 | +13.33% | 2.87M | 0.98% |
| 26 | Elevance Health Inc.ELV | $91.1B | $420.07 | -0.46% | 1.29M | 0.93% |
| 27 | Moderna, Inc.MRNA | $88.52B | $221.72 | -0.47% | 9.01M | 0.91% |
| 28 | Cigna CorporationCI | $78.8B | $298.23 | -0.06% | 1.83M | 0.81% |
| 29 | Takeda Pharmaceutical Company LimitedTAK | $66.81B | $20.91 | +4.50% | 4.54M | 0.68% |
| 30 | Cencora, Inc.COR | $63.13B | $330.84 | +0.09% | 1.35M | 0.65% |
| 31 | Boston Scientific CorporationBSX | $60.84B | $41.98 | -1.66% | 22.46M | 0.62% |
| 32 | Natera, Inc.NTRA | $59.72B | $414.30 | -4.98% | 2.43M | 0.61% |
| 33 | Cardinal Health, Inc.CAH | $58B | $250.48 | -0.24% | 1.94M | 0.59% |
| 34 | argenx SEARGX | $56.15B | $892.87 | -0.55% | 462.45K | 0.58% |
| 35 | Becton, Dickinson and CompanyBDX | $53.9B | $197.88 | -0.23% | 2.92M | 0.55% |
| 36 | Edwards Lifesciences CorporationEW | $53.03B | $92.01 | -2.57% | 6.04M | 0.54% |
| 37 | Humana Inc.HUM | $49.77B | $414.50 | -0.52% | 839.19K | 0.51% |
| 38 | Agilent Technologies, Inc.A | $49.31B | $174.87 | -3.47% | 2.76M | 0.51% |
| 39 | Teva Pharmaceutical Industries LimitedTEVA | $49.05B | $42.09 | +1.51% | 7.32M | 0.50% |
| 40 | Waters CorporationWAT | $45.43B | $462.72 | -3.61% | 1.34M | 0.47% |
| 41 | IQVIA Holdings Inc.IQV | $44.06B | $267.33 | -2.81% | 1.15M | 0.45% |
| 42 | IDEXX Laboratories, Inc.IDXX | $43.42B | $551.21 | -4.30% | 1.17M | 0.45% |
| 43 | Revolution Medicines, Inc.RVMD | $41B | $191.31 | +0.55% | 1.1M | 0.42% |
| 44 | BeOne Medicines AGONC | $39.57B | $370.33 | -0.33% | 292.82K | 0.41% |
| 45 | Haleon plcHLN | $38.08B | $8.66 | +1.05% | 32.53M | 0.39% |
| 46 | Biogen Inc.BIIB | $37.49B | $253.62 | +1.59% | 1.3M | 0.38% |
| 47 | Illumina, Inc.ILMN | $35.63B | $235.99 | -18.64% | 5.39M | 0.37% |
| 48 | Genmab A/SGMAB | $35.09B | $57.06 | +1.01% | 8.65M | 0.36% |
| 49 | GE HealthCare Technologies Inc.GEHC | $34.62B | $76.57 | +0.20% | 3.97M | 0.35% |
| 50 | Alcon Inc.ALC | $34.54B | $71.45 | +0.45% | 1.61M | 0.35% |
| 51 | Centene Corp.CNC | $33.89B | $68.45 | -0.25% | 4.81M | 0.35% |
| 52 | Mettler-Toledo International Inc.MTD | $33.56B | $1,674.81 | -2.55% | 189.42K | 0.34% |
| 53 | Zoetis Inc.ZTS | $32.94B | $79.72 | +1.85% | 4.12M | 0.34% |
| 54 | ResMed Inc.RMD | $32.34B | $229.94 | -9.05% | 3.45M | 0.33% |
| 55 | DexCom, Inc.DXCM | $30.69B | $82.29 | +2.95% | 8.64M | 0.31% |
| 56 | Royalty Pharma plcRPRX | $29.91B | $67.18 | +1.90% | 4.66M | 0.31% |
| 57 | Labcorp Holdings Inc.LH | $29.31B | $361.39 | -1.84% | 773.33K | 0.30% |
| 58 | West Pharmaceutical Services, Inc.WST | $28.74B | $412.62 | -0.97% | 1.06M | 0.29% |
| 59 | Medline Inc.MDLN | $28.18B | $32.12 | +0.38% | 14.57M | 0.29% |
| 60 | Quest Diagnostics IncorporatedDGX | $27.79B | $251.82 | -0.43% | 915.57K | 0.28% |
| 61 | Roivant Sciences Ltd.ROIV | $26.66B | $36.91 | -1.63% | 4.57M | 0.27% |
| 62 | Koninklijke Philips N.V.PHG | $26.31B | $26.92 | -0.74% | 1.27M | 0.27% |
| 63 | United Therapeutics CorporationUTHR | $25.68B | $598.72 | +0.87% | 518.24K | 0.26% |
| 64 | Insmed IncorporatedINSM | $24.7B | $112.58 | +0.89% | 5.18M | 0.25% |
| 65 | Incyte CorporationINCY | $24.54B | $120.39 | +3.07% | 2.84M | 0.25% |
| 66 | Guardant Health, Inc.GH | $23.99B | $178.80 | -3.51% | 1.5M | 0.25% |
| 67 | BioNTech SEBNTX | $22.15B | $88.17 | -1.08% | 631.92K | 0.23% |
| 68 | STERIS plcSTE | $22.14B | $227.12 | -2.16% | 992.33K | 0.23% |
| 69 | Alnylam Pharmaceuticals, Inc.ALNY | $22.1B | $165.00 | -5.17% | 7.06M | 0.23% |
| 70 | Viatris Inc.VTRS | $21.86B | $19.04 | -0.86% | 8.79M | 0.22% |
| 71 | Tenet Healthcare CorporationTHC | $21.75B | $273.25 | +0.99% | 1.21M | 0.22% |
| 72 | Medpace Holdings, Inc.MEDP | $18.24B | $652.01 | -3.77% | 219.45K | 0.19% |
| 73 | Zimmer Biomet Holdings, Inc.ZBH | $18.03B | $94.52 | -3.03% | 3.61M | 0.18% |
| 74 | Revvity, Inc.RVTY | $17.52B | $157.00 | -5.30% | 3.18M | 0.18% |
| 75 | Exelixis, Inc.EXEL | $17.44B | $69.39 | +4.82% | 5.07M | 0.18% |
| 76 | Charles River Laboratories International, Inc.CRL | $17.31B | $359.41 | -4.44% | 1.48M | 0.18% |
| 77 | Ascendis Pharma A/SASND | $16.53B | $251.27 | -0.68% | 386.71K | 0.17% |
| 78 | ICON Public Limited CompanyICLR | $16.31B | $211.36 | -1.91% | 2.58M | 0.17% |
| 79 | Halozyme Therapeutics, Inc.HALO | $14.86B | $130.91 | -0.21% | 1.4M | 0.15% |
| 80 | Neurocrine Biosciences, Inc.NBIX | $14.85B | $146.10 | -0.19% | 1.32M | 0.15% |
| 81 | BridgeBio Pharma, Inc.BBIO | $14.6B | $74.95 | +5.97% | 5.77M | 0.15% |
| 82 | Glaukos CorporationGKOS | $14.07B | $237.60 | -2.01% | 2.05M | 0.14% |
| 83 | Jazz Pharmaceuticals plcJAZZ | $14.02B | $215.98 | +3.92% | 1.22M | 0.14% |
| 84 | Solventum CorporationSOLV | $13.84B | $81.33 | -2.67% | 1.07M | 0.14% |
| 85 | Encompass Health CorporationEHC | $13.41B | $135.90 | +3.35% | 1.79M | 0.14% |
| 86 | BrightSpring Health Services, Inc. Common StockBTSG | $13.24B | $66.89 | +11.08% | 5.94M | 0.14% |
| 87 | Tempus AI, Inc.TEM | $12.8B | $72.22 | -7.22% | 10.46M | 0.13% |
| 88 | Summit Therapeutics Inc.SMMT | $12.79B | $16.03 | -1.05% | 3.51M | 0.13% |
| 89 | Penumbra, Inc.PEN | $12.57B | $318.95 | -0.94% | 497.16K | 0.13% |
| 90 | Smith & Nephew plcSNN | $12.43B | $29.70 | -2.33% | 1.73M | 0.13% |
| 91 | Fresenius Medical Care AG & Co. KGaAFMS | $12B | $22.47 | -2.85% | 933.74K | 0.12% |
| 92 | Baxter International Inc.BAX | $11.9B | $23.00 | -2.13% | 11.81M | 0.12% |
| 93 | Dr. Reddy's Laboratories LimitedRDY | $11.8B | $14.17 | +0.43% | 1.81M | 0.12% |
| 94 | DaVita Inc.DVA | $11.79B | $187.50 | -3.01% | 1.76M | 0.12% |
| 95 | Elanco Animal Health IncorporatedELAN | $11.52B | $23.06 | -0.77% | 3.45M | 0.12% |
| 96 | Bio-Techne CorporationTECH | $11.41B | $72.66 | -0.07% | 2.57M | 0.12% |
| 97 | BioMarin Pharmaceutical Inc.BMRN | $11.33B | $58.51 | +1.77% | 2.27M | 0.12% |
| 98 | The Cooper Companies, Inc.COO | $11.32B | $59.55 | -1.31% | 7.89M | 0.12% |
| 99 | Repligen CorporationRGEN | $11.23B | $176.94 | -6.20% | 4.47M | 0.12% |
| 100 | Avantor, Inc.AVTR | $10.88B | $16.05 | -3.78% | 9.73M | 0.11% |
| 4.21% |
| Drug Manufacturers - Specialty & Generic | 25 | $284.5B | 2.92% |
|---|
| Medical - Care Facilities | 31 | $253.94B | 2.60% |
|---|
| Other | 27 | $432.82B | 4.44% |
|---|
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.