Thermo Fisher Scientific Inc. (TMO) Competitors & Peers

The 5 largest companies in the same industry as Thermo Fisher Scientific Inc., by market value — each comparable links to its own dossier. Numbers are code-computed, never estimated.

How we identify peers ↗

Ticker	Relationship	Price	Comparables
DHR	Competitor	$224.49	P/E 37.6RSI 55Cap 148.3 B
NTRA	Peer	$412.56	RSI 81Cap 57.6 B
A	Peer	$172.79	P/E 30.8RSI 62Cap 44.0 B
IQV	Peer	$270.37	P/E 34.0RSI 67Cap 45.1 B
ILMN	Peer	$270.00	P/E 47.0RSI 74Cap 40.8 B

How these relationships were derived

Every relationship below carries its provenance. A confirmed edge is sourced from a public filing or disclosure and links to it; an AI-inferred edge is surfaced by the relationship model and is unverified — shown for color, not as evidence.

Confirmed relationships (cited)

Sourced from a public filing or disclosure — each links to its origin.

MRVISupplier
Own 10-K customer-concentration disclosure: ThermoFisherScientificInc = 43% of revenue.
Confirmed — SEC filing / public disclosuresec.gov ↗

Model-inferred relationships (unverified)

Suggested by the relationship model, with no public source on file. Treat each as a lead worth checking, not as evidence.

DHRCompetitor
Top life-sci tools competition.
Model-inferred, unverified — treat as a lead, not evidence
OLINKPartner
Thermo Fisher acquired Olink Proteomics in July 2024 for ~$3.1B to expand proteomics with proximity extension assay (PEA) technology.
Model-inferred, unverified — treat as a lead, not evidence
OLINKMerger
Thermo Fisher acquired Olink Proteomics in July 2024 for ~$3.1B to expand proteomics with proximity extension assay (PEA) technology.
Model-inferred, unverified — treat as a lead, not evidence
TECHCompetitor
Both compete as leading global life sciences tools and diagnostics companies.
Model-inferred, unverified — treat as a lead, not evidence
BRKRCompetitor
Bruker competes with Thermo Fisher in mass spectrometry.
Model-inferred, unverified — treat as a lead, not evidence
REPLSupplier
Thermo Fisher supplies biological bioreactors, cell culture media, and lab single-use systems to Replimune's manufacturing facilities.
Model-inferred, unverified — treat as a lead, not evidence
AMGNSupplier
Thermo Fisher supplies bioprocessing equipment, single-use bioreactors, and analytical instruments critical to Amgen's biologics manufacturing.
Model-inferred, unverified — treat as a lead, not evidence
LLYSupplier
Thermo Fisher is a critical CDMO and CRO partner for Eli Lilly, supplying bioprocessing equipment, consumables, and contract manufacturing services.
Model-inferred, unverified — treat as a lead, not evidence
QTRXCompetitor
Thermo Fisher (with Olink) competes against Quanterix's Simoa single-molecule array technology in ultra-sensitive protein biomarker detection.
Model-inferred, unverified — treat as a lead, not evidence
ABBVSupplier
Thermo Fisher provides research instruments, mass spectrometers, and contract biomanufacturing services to AbbVie across its immunology and oncology pipelines.
Model-inferred, unverified — treat as a lead, not evidence
IBRXSupplier
Thermo Fisher supplies high-quality cell culture media, bioreactor systems, and consumables for Anktiva manufacturing.
Model-inferred, unverified — treat as a lead, not evidence
INDVSupplier
Thermo Fisher (via Patheon) supplies drug formulation, sterilisation, and packaging services for Indivior's product line.
Model-inferred, unverified — treat as a lead, not evidence
TARSSupplier
Thermo Fisher (via Patheon) supplies clinical and commercial formulation, fill-finish, and packaging of Xdemvy.
Model-inferred, unverified — treat as a lead, not evidence
TVTXSupplier
Thermo Fisher (via Patheon) provides clinical and commercial drug manufacturing and packaging services.
Model-inferred, unverified — treat as a lead, not evidence
NVOSupplier
Thermo Fisher's CDMO unit assists Novo Nordisk with manufacturing components of the Wegovy supply chain.
Model-inferred, unverified — treat as a lead, not evidence