Stryker Reports 8% Sales Growth Resulting From Increased Shipment and Global Presence

Stryker Corp. has reported an 8 percent sales growth in their 2010 second quarter, driven by an increase in sales of orthopedic implants and acquisitions, according to a company news release.

Advertisement

The company’s net sales increased 6.9 percent while orthopedic implants sales increased 1.4 percent. The entire net earnings increased 9.5 percent and international sales increased by 1.8 percent.

The domestic sales were up, the result of higher orthopedic implants and medical/surgical equipment shipments.

In addition to a higher product shipment, sales growth through acquisitions is also responsible for the worldwide sales increase, according to the release.

Read the news release on the Stryker second quarter.

Read more coverage on Stryker:

– Stryker Reports 10% Growth for Fourth Quarter

– Stryker Announces MIS Integration Agreement With Intuitive Surgical

– Stryker Releases Rejuvenate Modular Primary Hip System

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

  • Since March 25, there have been two key developments in lawsuits involving spine medtech companies. 1. The U.S. Court of…

  • The highest-paid CFOs at spine and orthopedic medtech companies saw total compensation reaching in the mid-single digits and beyond. Here…

Advertisement

Comments are closed.