
Abbott Laboratories
United States
Abbott Laboratories is the global leader in continuous glucose monitoring (CGM) technology through its revolutionary FreeStyle Libre system, headquartered in Abbott Park, Illinois, USA since 1888. With annual revenue of $44.328 billion in 2025, the company operates 100+ manufacturing and R&D facilities worldwide, employing 114,000+ people across 160+ countries. Abbott's Diabetes Care division alone generated $8.0 billion in 2025, driven by the FreeStyle Libre CGM franchise — the dominant platform in home-based glucose monitoring. The company's landmark $21 billion acquisition of Exact Sciences (roughly $23 billion enterprise value) announced in 2025 signals its strategic expansion into at-home cancer screening and precision oncology diagnostics.
Strengths: Unrivaled CGM technology with FreeStyle Libre achieving near-monopoly status in home diabetes monitoring; massive R&D investment exceeding $2.5 billion annually across diagnostics, medical devices, and nutrition; vertically integrated global manufacturing network spanning 100+ facilities worldwide; diversified revenue base reducing single-market dependency; and transformative $23 billion Exact Sciences acquisition positioning Abbott as the future leader in home-based cancer screening and diagnostics.
Weaknesses: Heavy dependence on the Diabetes Care segment for growth momentum; significant execution and integration risks associated with the $23 billion Exact Sciences acquisition; and intensifying competition from Dexcom's next-generation G7 CGM system in the rapidly expanding glucose monitoring market.
Founded
1888
Workforce
114,000
Facilities
~100 manufacturing and R&D facilities globally
Presence
160+ Countries
HQ
United States
Market cap
$183 B
Market
NYSE: ABT







