Here is the market share for orthopedic companies:
1. DePuy Synthes: 20 percent
2. Zimmer Biomet: 15 percent
3. Stryker: 13 percent
4. Smith & Nephew: 7 percent
5. Medtronic: 6 percent
6. 10 companies with revenue between $300MM and $1.7BB: 15 percent
7. 21 companies with revenue between $100MM & $299MM: 8 percent
8. Companies with revenue below $99M: 16 percent
According to the report, the top five companies capture 61 percent of the market share and these companies derive between 30 percent and 50 percent of their sales from international markets.
More articles on orthopedic devices:
Exactech top performing stock in orthopedic products sector: What you need to know
MEDTECH to highlight ROSA robot at 3 international congresses
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
