Stryker, Medtronic, and DePuy Synthes (A subsidiary of Johnson and Johnson Inc.) were dominating Swiss Orthopedic Power Tools Market in 2021

Swiss Orthopedic Power Tools Market is expected to grow with the CAGR of 4.3% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Swiss orthopedic power tools market has witnessed increased strategic developments owing to favourable market scenario.    

The major players dealing in Swiss orthopedic power tools market are introducing strong range of products and adopting strategic initiative such as acquisition, agreement, new product launches into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In May 2021, Stryker announced that the company has completed its acquisition of OrthoSensor, Inc., which is a leader in the digital evolution of musculoskeletal care and sensor technology for total joint replacement. This has helped the company to expand its product portfolio and increase its global presence in the market

Medtronic is the dominating player in Swiss orthopedic power tools market. The other key players existing in the market includes Stryker, DePuy Synthes (a subsidiary of Johnson & Johnson), Smith & Nephew, Gomina AG, B. Braun Melsungen AG, Nouvag AG, Olympus, Nakanishi Inc., Zimmer Biomet, CONMED Corporation, and Arthrex, Inc. among others.

Stryker

Stryker has its headquarters in in Kalamazoo, Michigan, United States. The company was established in 1941. Stryker is one of the world’s leading medical technology companies. Stryker offers innovative products and services in medical and surgical, neurotechnology, orthopaedics and spine that help improve patient and hospital outcomes.

The company is engaged in continuous development of ataxia.

For instance,

  • In May 2021, Stryker announced that the company has completed its acquisition of OrthoSensor, Inc., which is a leader in the digital evolution of musculoskeletal care and sensor technology for total joint replacement. This has helped the company to expand its product portfolio and increase its global presence in the market

The company has wide presence across North America, Europe, Asia-Pacific, South America and Middle East and Africa. The company also has various subsidiary companies such as 2Hip Holdings SAS (France), Aimago SA (Switzerland), Alcott Indemnity Company (USA- Vermont), Arrinex, Inc. (USA- Delaware), Berchtold Consulting GmbH (Switzerland) among others

Medtronic

Medtronic Inc. has its headquarters in Dublin, Ireland and was founded in 1949. The company focuses on human welfare by application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend life. This company has product categories including cardiac and vascular, diabetes, minimally invasive therapies, and restorative therapies among others.

The company has wide presence across North America, Europe, Asia-Pacific and Middle East and Africa. The company also has various subsidiary companies such as AI Biomed Corp. (California), Aircraft Medical Ltd. (U.K.), Airox (France), Airox Inc. (Delaware), and Arterial Vascular Engineering Canada Company (Canada) among others.

DePuy Synthes (A subsidiary of Johnson and Johnson Inc.)

DePuy Synthes (A subsidiary of Johnson and Johnson Inc.) has its headquarters in Paramount Drive, Raynham, Massachusetts, U.S. and was founded in 1895 and acquired by Johnson & Johnson in 1998. The company focuses to keep people moving through innovations in orthopedic care technology. DePuy Synthes is focused on joint reconstruction, trauma, craniomaxillofacial, spinal surgery and sports medicine among others.

The company is engaged in continuous development of ataxia.

For instance,

  • In March 2022, DePuy Synthes announced that the company has acquired CUPTIMIZE Hip-Spine Analysis Providing Technology to help surgeons better understand, measure, and address pelvic tilt. This has helped the company to increase its technological advancements in its product portfolio

The company has wide presence across North America, Europe, Asia-Pacific and Middle East and Africa.