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 Ìý U.S. dollars in revenues. Abbot’s diagnostics segment was, prior to 2024, the largest generator of revenue but dropped to around Ìý U.S. dollars in 2025.
Abbott’s company profile
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.Ìý