2022 Revenues ($USD) : $17,108,000,000
2022 R&D spend : $1,235,000,000
2022 Number of Employees : 46,000
Fiscal Year End : 12/31/2021
Company CEO : Kevin Lobo, chair, president and CEO

Stryker officials say they’re already enjoying synergies from their $3.1 billion acquisition of Vocera Communications, a provider of digital care coordination and communication offerings. Vocera Communications’ products include the hands-free Vocera Smartbadge. In early July, the world’s largest orthopedic device company boosted its revenue projections for 2022, predicting organic sales growth between 8% and 9%. However, a strong dollar and supply chain disruption present challenges when it comes to growing earnings.

Despite increased competition in the robotic orthopedic surgery space from J&J’s DePuy Synthes, Zimmer Biomet and Smith+Nephew, Stryker is still enjoying increased Mako sales. Mako sales were up 19% year-over-year in Q2 2022  –CN