Description
Abbott Laboratories is a global healthcare and medical device company dedicated to improving health through innovative diagnostics, medical devices, nutrition products, and pharmaceuticals. Founded in 1888 by Dr. Wallace Calvin Abbott, the company has evolved into one of the world’s largest and most diversified healthcare organizations, serving people in more than 160 countries.
Mission and Vision
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Mission: To help people live their best and healthiest lives through life-changing technologies and innovations.
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Vision: To be the most trusted global healthcare company, delivering science-driven solutions that empower healthier living at every stage of life.
Products and Services
Abbott operates through four major business segments:
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Diagnostics:
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Laboratory and rapid diagnostic systems including the Alinity™ platform and BinaxNOW™ COVID-19 test.
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Point-of-care testing for infectious diseases, cardiometabolic conditions, and more.
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Medical Devices:
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Cardiovascular devices (stents, heart valves, electrophysiology systems).
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Diabetes care technologies, including FreeStyle Libre™, a leading continuous glucose monitoring (CGM) system.
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Neuromodulation and structural heart solutions.
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Nutrition:
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Nutritional products for infants, children, and adults under brands such as Similac®, Ensure®, PediaSure®, and Glucerna®.
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Established Pharmaceuticals:
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Branded generic medicines primarily sold in emerging markets across Latin America, Asia, and Africa.
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Growth and Innovation
Abbott has consistently led in medical diagnostics and device innovation, pioneering technologies that redefine patient monitoring and disease management.
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FreeStyle Libre™ revolutionized diabetes care with real-time glucose tracking without fingersticks.
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Alinity™ systems streamline laboratory operations through integrated automation and data connectivity.
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In cardiovascular health, Abbott continues to advance minimally invasive technologies like MitraClip™ and Amplatzer™ devices.
The company invests heavily in research, AI integration, and global health accessibility, ensuring its technologies remain at the forefront of modern medicine.
Global Impact
Abbott’s products impact the lives of more than 2 billion people every year. With operations in over 160 countries and a diverse workforce of 115,000 employees, Abbott plays a central role in promoting affordable, accessible healthcare. Its sustainability and humanitarian programs aim to address malnutrition, chronic diseases, and diagnostic access in low-resource regions.
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Established year
1888 -
Number of Employees
50+ -
Type of Company
Corporation -
Location HQ
Abbott Park, Illinois, United States -
Industry
Manufacturing -
Website
Website






