About Boston Scientific
Boston Scientific is a company based in Marlborough (United States) founded in 1979.. The company has 53,000 employees as of December 31, 2024. Boston Scientific has completed 58 acquisitions, including Apama Medical, Apollo Endo and Asthmatx. Boston Scientific offers products and services including Defibrillators, Pacemakers, and Spinal Cord Stimulators. Boston Scientific operates in a competitive market with competitors including GE Healthcare, Medtronic, CONMED, Johnson & Johnson and Commure, among others.
- Headquarter Marlborough, United States
- Employees 53000 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boston Scientific Corporation
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Annual Revenue
$16.75 B17.61as on Dec 31, 2024
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Net Profit
$1.85 B16.38as on Dec 31, 2024
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EBITDA
$3.9 B15.61as on Dec 31, 2024
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Latest Funding Round
$922.11 K (USD), Grant
Dec 01, 2022
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Investors
Barclays
& 3 more
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Employee Count
53000
as on Dec 31, 2024
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Investments & Acquisitions
Apama Medical
& 57 more
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IPO & Listings of Boston Scientific
Boston Scientific is a publicly listed company on the NYSE with ticker symbol BSX in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Boston Scientific
Boston Scientific offers a comprehensive portfolio of products and services, including Defibrillators, Pacemakers, and Spinal Cord Stimulators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for treating irregular heart rhythms and preventing cardiac arrest.
Implants that regulate heartbeats for patients with arrhythmias.
Systems to alleviate chronic pain through electrical stimulation.
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Software Development Team
298 people
Leadership Team
132 people
Senior Team
105 people
Sales and Marketing
103 people
Product Management Team
65 people
Human Resources and Administration
40 people
Principal Team
37 people
Clinical Team
27 people
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Funding Insights of Boston Scientific
- Total Funding Total Funding
- Total Rounds 15
- Last Round Grant — $922,113
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First Round
First Round
(24 May 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Boston Scientific | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Boston Scientific | Valuation |
investors |
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| Oct, 2020 | Amount | Grant - Boston Scientific | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boston Scientific
Boston Scientific has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Barclays, Wells Fargo and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Diversified financial services are provided across global markets.
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Founded Year | Domain | Location | |
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Diverse financial services and online banking are provided to clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boston Scientific
Boston Scientific has strategically engaged in corporate development activities, having acquired 58 companies. Notable acquisitions include Apama Medical, Apollo Endo and Asthmatx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cortex is focused on transforming atrial arrhythmia diagnosis and treatment.
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2023 | ||||
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Limited information available
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2021 | ||||
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Intravascular lithotripsy systems are developed for cardiovascular disease treatment.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Boston Scientific
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boston Scientific Comparisons
Competitors of Boston Scientific
Boston Scientific operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GE Healthcare, Medtronic, CONMED, Johnson & Johnson and Commure, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Materials management solutions are provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Medical equipment for treating over 30 chronic diseases is developed.
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| domain | founded_year | HQ Location |
Surgical instruments are manufactured for multiple therapeutic areas.
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| domain | founded_year | HQ Location |
Healthcare solutions are provided by Johnson & Johnson globally.
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| domain | founded_year | HQ Location |
Complex healthcare challenges are addressed through technology solutions by Commure.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boston Scientific
Frequently Asked Questions about Boston Scientific
When was Boston Scientific founded?
Boston Scientific was founded in 1979 and raised its 1st funding round 31 years after it was founded.
Where is Boston Scientific located?
Boston Scientific is headquartered in Marlborough, United States. It is registered at Marlborough, Massachusetts, United States.
How many employees does Boston Scientific have?
As of Dec 31, 2024, the latest employee count at Boston Scientific is 53,000.
What is the annual revenue of Boston Scientific?
Annual revenue of Boston Scientific is $16.75B as on Dec 31, 2024.
What does Boston Scientific do?
Founded in 1979 and headquartered in Marlborough, United States, Boston Scientific operates in the medical devices sector. A broad array of products, including catheters, stents, defibrillators, and surgical tools, is developed, manufactured, and marketed globally. These devices address conditions in cardiology, gastroenterology, pulmonology, vascular health, urology, womens health, and chronic pain. Annual revenues reached 12.68 billion in 2022, with net profit at 0.69 billion.
Who are the top competitors of Boston Scientific?
Boston Scientific's top competitors include GE Healthcare, Medtronic and Johnson & Johnson.
What products or services does Boston Scientific offer?
Boston Scientific offers Defibrillators, Pacemakers, and Spinal Cord Stimulators.
Is Boston Scientific publicly traded?
Yes, Boston Scientific is publicly traded on NYSE under the ticker symbol BSX.
How many acquisitions has Boston Scientific made?
Boston Scientific has made 58 acquisitions, including Apama Medical, Apollo Endo, and Asthmatx.
Who are Boston Scientific's investors?
Boston Scientific has 4 investors. Key investors include Barclays, Wells Fargo, HHS, and European Union.
What is Boston Scientific's ticker symbol?
The ticker symbol of Boston Scientific is BSX on NYSE.