Orthopedic device companies are gaining traction every year due to new technologies and abilities in the field.
Some of the major players have billions of dollars in revenue every year and have seen increases in earnings every quarter.
10 largest orthopedic device companies based on 2021 revenue:
Stryker: $17.1 billion
Zimmer Biomet: $7.83 billion
Johnson & Johnson- Depuy Synthes: $7.76 billion
Smith + Nephew Orthopedics and Sports Medicine: $5 billion
Enovis: $3.3 billion
Medtronic-Cranial and Spinal: $1.2 billion
ZimVie: $1.01 billion
Globus Medical: $958 million
NuVasive: $816.7 million
Orthofix: $464.4 million