Abbott Laboratories revenue from the United States
Abbott Laboratories US Net Sales 2015-2021
|Year||US Net Sales (millions)|
Abbott laboratories generated $16,642 million in net revenues in 2021 from the US market compared to $13,022 million in 2020. The company generated $7.13 billion from diagnostics in 2021 from the US market compared to $4.77 billion in 2020.
Its revenues from the international markets in 2021 remained $26,433 milllion compared to $21,586 million in 2020.
In fiscal 2020, the net revenues of Abbott Laboratories from the United States market reached $13,022 million compared to $11,398 million in 2019.
The United States is the largest market for Abbott Products. In 2019, the US accounted for $11.4 billion in net sales of the company compared to $10.84 billion in 2018. Abbott laboratories generated $31.9 billion in net revenue in 2019 compared to $30.6 billion in 2018.
About the Abbott Laboratories:
Founded in 1888, Abbott Laboratories is a global healthcare brand with operations across more than 160 countries. The name of its founder was Dr. Wallace C. Abbott. The company employs more than 107,000 people, and its products span the following categories – 1. Cardiovascular 2. Diabetes 3. Diagnostics 4. Neuromodulation 5. Nutrition 6. Pharmaceuticals.
The net sales of Abbott Laboratories in 2019 reached $31.9 billion compared to $30.6 billion in 2018. Its net earnings reached $3.7 billion in 2019 compared to $2.3 billion in 2018. The United States is the largest market for Abbott Products accounting for more than one-third of its net sales in 2019. Abbott Laboratories generated $11.4 billion in 2019 compared to $10.84 billion in 2018 from the United States market alone. Medical devices are the largest product category of Abbott. The revenue of Abbott laboratories from the sales of medical devices in 2019 was $ 12.24 billion compared to $11.4 billion in 2018.
Mission Statement of Abbott Laboratories:
“LIVE YOUR BEST LIFE, NOW AND IN THE FUTURE.”
“We understand that the first step to living your best life is good health. Everything we make is designed to help you do just that. That’s our commitment to building life-changing technologies that keep your heart healthy, nourish your body at every stage of life, help you feel and move better, and bring you information, medicines, and breakthroughs to manage your health.” (About Abbott)