10 numbers that show how big Johnson & Johnson is in spine, orthopedics

Spinal Tech

Johnson & Johnson Medical Device Companies is a significant player in the orthopedic and spine marketplace, holding the No. 1 spot in orthopedics and No. 2 spot in spine.

DePuy Synthes drives Johnson & Johnson' orthopedics and spine lines. Here are 10 numbers that illustrate how big the company is.

1. DePuy Synthes Companies generate around $10 billion in annual sales.

2. DePuy Synthes Companies has around 18,000 employees in 60 countries.

3. Worldwide, the DePuy Synthes' products support around 1 million orthopedic procedures per year.

4. In a survey of 107 patients who underwent outpatient total joint replacement at four ASCs with DePuy Synthes products, 96.3 percent said they would choose outpatient joint replacement again.

5. Johnson & Johnson has 16 percent of the spine market, according to a report from The Spine Market Group.

6. Johnson & Johnson had around 21.8 percent of the orthopedics market share in 2017 and is expected to have 24.2 percent in 2024, according to Statista rankings.

7. In 2019, Johnson & Johnson reported worldwide orthopedic sales of $8.8 billion.

8. Spine and other sales hit $3.2 billion last year.

9. Johnson & Johnson reported both hip and knee sales hit $1.4 billion in 2019.

10. Last year, DePuy Synthes and Johnson & Johnson Medical Device Companies launched, released or received FDA clearance for at least seven products.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Webinars

Featured Whitepapers