Boston Scientific Research and Development Expenses 2010-2023 | BSX

Boston Scientific annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Boston Scientific research and development expenses for the quarter ending December 31, 2023 were $0.362B, a 9.7% increase year-over-year.
  • Boston Scientific research and development expenses for the twelve months ending December 31, 2023 were $1.414B, a 6.88% increase year-over-year.
  • Boston Scientific annual research and development expenses for 2023 were $1.414B, a 6.88% increase from 2022.
  • Boston Scientific annual research and development expenses for 2022 were $1.323B, a 9.88% increase from 2021.
  • Boston Scientific annual research and development expenses for 2021 were $1.204B, a 5.34% increase from 2020.
Boston Scientific Annual Research and Development Expenses
(Millions of US $)
2023 $1,414
2022 $1,323
2021 $1,204
2020 $1,143
2019 $1,174
2018 $1,113
2017 $997
2016 $920
2015 $876
2014 $817
2013 $861
2012 $886
2011 $895
2010 $939
2009 $1,035
Boston Scientific Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $362
2023-09-30 $356
2023-06-30 $359
2023-03-31 $337
2022-12-31 $330
2022-09-30 $339
2022-06-30 $335
2022-03-31 $319
2021-12-31 $320
2021-09-30 $310
2021-06-30 $298
2021-03-31 $276
2020-12-31 $286
2020-09-30 $315
2020-06-30 $242
2020-03-31 $300
2019-12-31 $308
2019-09-30 $306
2019-06-30 $280
2019-03-31 $280
2018-12-31 $288
2018-09-30 $289
2018-06-30 $275
2018-03-31 $261
2017-12-31 $264
2017-09-30 $254
2017-06-30 $244
2017-03-31 $235
2016-12-31 $256
2016-09-30 $232
2016-06-30 $222
2016-03-31 $210
2015-12-31 $243
2015-09-30 $221
2015-06-30 $220
2015-03-31 $192
2014-12-31 $208
2014-09-30 $212
2014-06-30 $206
2014-03-31 $191
2013-12-31 $217
2013-09-30 $217
2013-06-30 $223
2013-03-31 $204
2012-12-31 $238
2012-09-30 $220
2012-06-30 $213
2012-03-31 $215
2011-12-31 $231
2011-09-30 $229
2011-06-30 $223
2011-03-31 $212
2010-12-31 $224
2010-09-30 $230
2010-06-30 $232
2010-03-31 $253
2009-12-31 $257
2009-09-30 $258
2009-06-30 $263
2009-03-31 $257
Sector Industry Market Cap Revenue
Medical Medical Products Manufacturing $107.817B $14.240B
Boston Scientific Corporation manufactures medical devices and products used in various interventional medical specialties worldwide. The company has adopted the organic as well as inorganic routes for success. Boston Scientific currently has 3 global reportable segments - Cardiovascular, Rhythm and Neuro and MedSurg. While Cardiovascular includes Interventional Cardiology and Peripheral Interventions, Rhythm and Neuro comprises Cardiac Rhythm Management, Electrophysiology and Neuromodulation. The MedSurg group comprises 2 sub segments, viz. Endoscopy, Urology and Pelvic Health. Boston Scientific markets a broad portfolio of internally-developed and self-manufactured drug eluting stents including the Promus PREMIER, Promus Element and Promus Element Plus everolimus-eluting stents. Within the CRM segment, the company deals with implantable devices that monitor the heart and deliver electricity to treat cardiac abnormalities.
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