Stryker Corporation and Medical Industry Trend 2004

The U.S. market for medical devices exceeds $55 billion and continues to grow, thanks to an aging population and technological advances that help improve health and lengthen lifespans. The Medical Equipment Industry (to which Stryker Corporation belongs) has an estimated market capitalization (number of shares outstanding multiplied by the stock price) of 129.70 billion. Although there are medical equipment companies all operating globally, the key players are headquarters in the US who primarily target Americans. …