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More Than Mako: Stryker Delivers Strong Growth In All Three Businesses

 
• By Reed Miller

Stryker’s revenues grew 8.1% in 2019, its seventh consecutive year of accelerating organic growth and 40th year of sales growth. All three of the company’s major divisions grew in the high single-digits, led by sales of neurotechnology and spine products.

Sep 16, 2019 Fremont / CA / USA - Stryker Corporation logo at their headquarters in Silicon Valley; Stryker Corporation is a Fortune 500 medical technologies firm
• Source: shutterstock.com

Stryker Corp. appears to have resolved the sales and marketing problems that hindered its spine business in 2018 and now expects the growth of its neurotechnology and spine division to accelerate in 2020.

The company initially struggled to integrate the sales team from K2M after it acquired the spine-implant maker for $1.4bn in August 2018, but Stryker's leadership is now confident those challenges are under control

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