A number of lists exist for the leading device companies in orthopedics, and we’re nearly always perplexed by them. We don’t believe them to be accurate. Here’s why.
Every public device company reports revenue differently. In other words, they don’t all segment their sales in the same way. And some may not segment orthopedics from other medical device revenue. Private companies are a different story, since they don’t publicly report.
We “bucket” revenue into six primary segments in order to generate apples-to-apples comparisons. This is a tedious and ever-changing process, as acquisitions and divestitures are a common occurrence. We do this for public and private companies by leveraging our proprietary knowledge of those companies and our relationships with analysts and insiders.
We continually critique and seek validation of our numbers, which is why we believe that they are the most accurate representation available for you.
On to the top 10. We are monitoring the #2 and #3 positions closely. Stryker presently claims the #2 position as a result of their acquisition of K2M. It will be interesting to see how 2019 plays out. Stay tuned!
Click here or on the image to view the infographic.