Abbott Laboratories is a multinational healthcare corporation with a diversified business model spanning four primary segments: Medical Devices, Diagnostics, Nutrition, and Established Pharmaceuticals. The Medical Devices segment, its largest revenue driver, focuses on cardiovascular, neuromodulation, and diabetes care products, including the FreeStyle Libre continuous glucose monitor. The Diagnostics division provides immunoassay, molecular, and point-of-care testing systems. The Nutrition segment offers pediatric and adult nutritional products such as Similac, Ensure, and Pedialyte. Finally, the Established Pharmaceuticals division sells branded generic medicines exclusively in emerging markets. Abbott operates globally, with a presence in over 160 countries, and maintains a competitive position through continuous innovation and strategic acquisitions like St. Jude Medical and Alere.
