Stryker Corporation
 |
|
| Public | |
| Traded as | : SYK S&P 500 Component |
| Industry | Medical technology |
| Founded | 1946 |
| Founder | Homer Stryker |
| Headquarters | Kalamazoo, Michigan, U.S.A. |
|
Key people
|
John W. Brown - Chairman emeritus Kevin A. Lobo - President & Chief Executive Officer |
| Products |
Medical devices orthopaedic implants surgical equipment neurovascular products patient handling and emergency medical equipment |
| Revenue |
 $9.021 billion USD (2013) |
|
$1.741 billion USD (2012) |
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Number of employees
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Approx. 22,000 (12/31/12) |
| Website | www.stryker.com |
Stryker Corporation (: SYK) is a Fortune 500 medical technologies firm based in Kalamazoo, Michigan. Stryker'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.
In the United States, most of Stryker's products are marketed directly to doctors, hospitals and other healthcare facilities. Internationally, Stryker products are sold in over 100 countries through company-owned sales subsidiaries and branches as well as third-party dealers and distributors.
Stryker segregates their reporting into three reportable business segments: Orthopedics, Medical and Surgical (MedSurg), and Neurotechnology and Spine.
Orthopedics products consist primarily of implants used in hip and knee joint replacements and trauma and extremities surgeries. MedSurg products include surgical equipment and surgical navigation systems (Instruments); endoscopic and communications systems (Endoscopy); patient handling and emergency medical equipment (Medical); and reprocessed and remanufactured medical devices as well as other medical device products used in a variety of medical specialties. Stryker Neurotechnology and Spine products include a portfolio of products including both neurosurgical and neurovascular devices. Their neurotechnology offering includes products used for minimally invasive endovascular techniques, as well as a line of products for traditional brain and open skull base surgical procedures, orthobiologic and biosurgery products including synthetic bone grafts and vertebral augmentation products, as well as minimally invasive products for the treatment of acute ischemic and hemorrhagic stroke. Stryker also develops, manufactures and markets spinal implant products including cervical, thoracolumbar and interbody systems used in spinal injury, deformity and degenerative therapies.
The Orthopedic Frame Company, the precursor of Stryker Corporation, was formed on February 20, 1946, by Dr. Homer Stryker, a Kalamazoo, Michigan, orthopedist. Stryker developed the Turning Frame, a mobile hospital bed that allowed for repositioning of injured patients while providing necessary body immobility; the cast cutter, a cast cutting apparatus that removed cast material without damaging underlying tissues; and the walking heel, among others. In 1964, the company name was officially changed to Stryker Corporation.
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