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Home » The 10 largest orthopedic device companies in the world

The 10 largest orthopedic device companies in the world

April 27, 2021 By Chris Newmarker

human skeleton bones largest orthopedic device companies ortho
[Image from Pixaby]
Pent-up demand could make orthopedic devices a hot space in 2021.

The COVID-19 pandemic was especially brutal for the orthopedic device industry. Many of the largest companies in the space saw double-digit percentage declines in revenue in 2020. Health providers delayed or canceled elective procedures to focus on the pandemic, and patients stayed away in droves.

It’s a new year now, though, and vaccines are rolling out. People don’t want to live with a bad knee or hip or back forever. Growth will eventually return for the industry, and orthopedic device companies are positioning themselves to be ready.

Rather than hunkering down during the pandemic, many ortho device companies chose shop for new technologies and major M&A deals. They’re reorganizing and launching new products ranging from surgical robots to smart implants.

Even with some headwinds in the first part of Q1 2021, Stryker — the world’s largest orthopedic device company — has an optimistic outlook for the year.

Read on and discover the latest about the world’s 10 largest orthopedic device companies.

Next>>

This article originally ran on April 23, 2021. Updated April 27 to include Stryker Q1 2021 results.

Filed Under: Business/Financial News, Featured, Orthopedics, Spine Tagged With: Colfax Corp., DePuy Synthes, DJO Global, Johnson & Johnson, Johnson and Johnson, Medtronic, Nuvasive, Orthofix, SeaSpine, Smith+Nephew, Stryker, Zimmer Biomet

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About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].

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