
Conor Stewart
Research expert covering health & pharmaceuticals in the UK & Europe
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Abbot Laboratories is an international medtech and pharmaceutical company headquartered in Chicago, Illinois. In 2013, Abbott Laboratories was split into two companies: Abbot (medical products) and AbbVie (research-based pharmaceuticals). As of 2025, the medical devices segment was the largest segment within the company and generated over 21 billion U.S. dollars in revenues. Abbot’s diagnostics segment was, prior to 2024, the largest generator of revenue but dropped to around nine billion U.S. dollars in 2025.
Abbott Laboratories was founded in 1888 in Chicago, where the company has remained since. The company operates in around 160 countries globally, covering therapeutic areas such as diabetes, diagnostics, nutrition and cardiovascular disease. The number of employees at Abbot Laboratories (Abbot and AbbVie) has increased over the last several years. The revenues of Abbott declined around the time the company was split in 2013 but has increased significantly recently.Â
Abbot Laboratories is among the top global health companies based on revenue. Furthermore, AbbVie, Abbott Laboratories’ spin-off company, was ranked second among the top global pharmaceutical companies based on prescription sales.
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* For commercial use only
Basic Account
Starter Account
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.