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This statistic highlights Danaher Corp’s Revenue by Region, across High-growth markets, North America, other developed markets, and Western Europe regions, reported on a quarterly basis from 2018 onwards.
The company is a global science and technology innovator committed to helping customers solve complex challenges and improving the quality of life around the world. Danaher is a global family of more than 20 operating companies working in the field of diagnostics, life sciences, and environmental and applied solutions.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
|Other developed markets||$0.33||$0.35||$0.36||4.92%|
(All figures in billions, except for percentages)
Danaher Corp’s total revenue increased from $4.70 billion in Q1 2018 to $6.86 billion in Q1 2021 setting an increment of 45.96% or $2.16 billion in a span of 3 years. The company witnessed further growth in the revenue from $5.88 billion in Q3 2020 to $7.23 billion in Q3 2021, marking a growth of 22.96% or $1.35 billion on a year-on-year basis. Quarterly, the company’s revenue showed a slight increase of 0.14% or $0.01 billion, from $7.22 billion in Q2 2021 to $7.23 million in Q3 2021.
Danaher revenue can be further bifurcated into the following regions:
Danaher’s revenue from the high growth markets increased from $1.38 billion in Q1 2018 to $2.10 billion in Q1 2021, setting a massive incline of 52.17% or $0.72 billion. Compared on a yearly basis, the company’s revenue witnessed a growth of 28.89% or $0.52 million, from $1.80 billion in Q3 2020 to $2.32 million in Q3 2021. Quarterly, the revenue showed a slight rise of 1.75% or $0.04 billion, from $2.28 billion in Q2 2021 to $2.32 billion in Q3 2021. This region accounted for 32.07% of the total revenue generated by the company in Q3 2021.
The company’s revenue from the other developed markets witnessed an increase in the generation of revenue from $1.80 billion in Q1 2018 to $2.73 billion in Q1 2021, amounting to an increment of 51.67% or $0.93 billion in 3 years. The majority of Danaher’s revenue is generated through the North America region accounting for 39.92% of the company’s revenue in Q3 2021, amounting to $2.89 billion. It grew by 21.43% or 0.51 billion, as compared to $2.38 billion earned in Q3 2020 on a yearly basis. It also witnessed an increment of 10.69% on a quarterly basis, as compared to $2.82 billion in Q2 2021.
The company’s revenue from the Western Europe region increased from $1.20 billion in Q1 2018 to $1.66 billion in Q1 2021, marking a huge rise of 38.33% or $0.46 billion in 3 years. Quarterly, the revenue generated from this region witnessed a decline of 5.65% or $0.10 billion, from $1.77 billion in Q2 2021 to $1.67 million in Q3 2021. However, comparing the revenues from this region on a yearly basis, showed an increase from $1.37 billion in Q3 2020 to $167 billion in Q3 2021. This region accounted for 23.09% of the total revenue generated in Q3 2021.
Other Developed Markets
The revenue generated from other developed regions accounted for 4.92% of the whole revenue in Q3 2021 and is the least revenue contributor for the company. The revenue witnessed an increase from $0.31 billion in Q1 2018 to $0.37 billion in Q3 2021, accounting for a growth of 19.35% or $0.06 billion in 3 years. This region’s revenue rose from $0.33 billion in Q3 2020 to $0.36 billion in Q3 2021, making a rise of 9.09% or $0.03 billion on a year-on-year basis. The revenue witnessed an increment, from $0.35 billion in Q2 2021 to $0.36 billion in Q3 2021, accounting for a growth of 2.85% or $0.01 billion.
Danaher Corporation is an American globally diversified conglomerate with its headquarters situated in Washington, D.C. It creates, manufactures, and sells goods and services for the professional, medical, industrial, and commercial markets. The company’s 3 main operating platforms are life Sciences, Diagnostics, and Environmental & Applied Solutions. It is ranked 130th on the Fortune 500 2021 list. Danaher Corporation is named after Danaher Creek in Western Montana. The company was founded in 1969 by Steven M. Rales and Mitchell Rales.
Danaher was one of the first manufacturing companies in North America to implement “Kaizen” concepts, a lean manufacturing Japanese philosophy of continuous improvement and waste elimination. The company tries to transform the field of diagnostics, life sciences, and environmental and applied solutions by improving patients’ health through powerful tools that increase diagnostic confidence, advancing scientific research to illuminate the causes of disease and pave the way to new, life-saving treatments, ensuring the freshness, dosages, and safety of food, pharmaceuticals, and consumer goods, protecting the global water supply and promoting environmental stewardship. Danaher has a team of more than 80,000 dedicated associates who are trying to help realize life’s potential every day by bringing diverse skills, backgrounds, and perspectives together to make a difference.
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