By Sarah Collins
Headquartered in Kalamazoo, Michigan, Stryker Corporation (SYK) is one of the leading medical device companies in the world. The company employs over 26,000 people and operates in more than 100 countries. Listed among Fortune 500 companies for the first time in 2002, Stryker owned more than 1,500 patents worldwide in 2014.
The company is meanwhile the second-largest player in the orthopedics market and offers products and services across the following segments:
- Medical and Surgical, or MedSurg
- Neurotechnology and Spine
Notably, Stryker has witnessed sales growth for 35 consecutive years and registered a YoY (year-over-year) sales growth of 7.3% in 2014.