Stryker Corporation
name
Stryker Corporation
id
SYK
summary
Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. The company's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation systems; endoscopic and communications systems; patient handling and emergency medical equipment; neurosurgical, neurovascular and spinal devices; as well as other medical device products used in a variety of medical specialties. Stryker markets its products directly to doctors, hospitals, and other healthcare facilities in the United States and sells in over 100 countries internationally through company-owned sales subsidiaries and branches as well as third-party dealers and distributors. Founded in 1941 by Dr. Homer Stryker, an orthopedist from Kalamazoo, Michigan, the company has grown significantly over the decades, with a revenue of US$17.108 billion and 46,000 employees as of 2021. Stryker's business is divided into three segments: Orthopedics, Medical and Surgical (MedSurg), and Neurotechnology and Spine, each offering a range of specialized products. The company has a history of innovation, acquisitions, and expansion, maintaining a significant presence in the global medical technology market.
industry
Medical technology
founded
1941
founder
Homer Stryker
headquarters
Kalamazoo, Michigan, U.S.
key_people
Kevin A. Lobo (Chairman and CEO), Timothy J. Scannell (President and COO)
products
Medical devices, orthopaedic implants, surgical equipment, neurovascular products, patient handling and emergency medical equipment
revenue
US$17.108 billion (2021)
operating_income
US$2.281 billion (2021)
net_income
US$1.994 billion (2021)
number_of_employees
46,000 (2021)
website
stryker.com