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Company Revenue 2016: Stryker

Stryker reported sales of $1.5MM, +4.3% for 1Q16 vs. 1Q15.

Orthopaedic Industry Surpassed $46 Billion in 2015

Worldwide orthopaedic product sales reached $46.6 billion in 2015, an increase of 1.2 percent over 2014, according to ORTHOWORLD® estimates. The numbers cited in the latest installment of THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT® show that industry growth slowed from the two to three percent range in recent years due to various economic and industry factors.

Arthroscopy/Soft Tissue Companies Address Meniscus, Rotator Cuff Repair

The arthroscopy/soft tissue segment reached sales of $4.5 billion in 2015, a four percent increase over 2014, according to ORTHOWORLD estimates. Growth in the market is buoyed by several factors: strength of the main players, smaller players expanding their portfolios to complement other product lines, industry focus and surgeon adoption of minimally invasive techniques and surgeons’ push to drive new technologies and techniques in ligament and tendon care and repair.

Demographics and Distribution: Finding the Best Foreign Market for a Device

Companies that achieve success in their home market are frequently compelled to expand to international soil to take advantage of desirable demographics and less competition. However, selecting the right market for your product, and setting up an efficient and effective sales and distribution network, can be daunting tasks—especially for a young business.

Shoulder Surgeon Embraces Push for Value in Rotator Cuff Repairs

The concept of value continues to dominate conversations in the orthopaedic industry. Brett Sanders, M.D., an orthopaedic sports medicine and shoulder surgeon, created Tensor Surgical to respond to industry trends.

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