The major players in the orthopedic and spine device space are vying for market share while also bringing on additional capabilities and services.
Below are four large orthopedic and spine device company players and how they compare for revenue, net income and market cap as of September 2023, unless otherwise noted, based on data from Google Finance.
Medtronic
Revenue: $8 billion
Net income: $909 million
Market cap: $109.4 billion
Stryker
Revenue: $4.9 billion
Net income: $692 million
Market cap: $113.7 billion
Zimmer Biomet
Revenue: $1.75 billion
Net income: $162.7 million
Market cap: $25.4 billion
Smith+Nephew
Revenue: $1.4 billion
Net income: $86 million
Market cap: $12 billion
* July 2023, the most recent information available