Approximately 15 percent of the device giant's overall sales come from the European Union. The recession has forced hospitals, particularly in countries such as Portugal and Spain, to significantly cut down volumes for elective procedures.
Despite the gloomy economic outlook, Stryker officials said other parts of Europe are not as challenging as southern European markets.
Economic Turmoil in Europe Poses Challenge to Stryker's Orthopedic Business FeaturedWritten by Jaimie Oh | June 29, 2012
Stryker's orthopedic sales in the European Union may take a hit due to the ongoing recession, according to a Mass Device report.
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