Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 10 Orthopedic Medical Device Companies
Stryker Corporation accounts for more than 75% of the total revenue among the top 10 companies. Of these, 9 achieved revenue growth exceeding 10% in the past fiscal year (including Stryker Corporation).
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period | Green Shading: Top 2 companies by growth rank in period ]
| Company | HQ | Reported | Latest | LTM | year-on-year % | CAGR | Growth Rank | ||||||||||||
| Currency | FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | 6m | LTM | 3ycagr | 5ycagr | |||||
| Stryker Corp | USA | USD | 2023-12 | 20.50 | 11.8% | 10.8% | 10.9% | 11.1% | 11.1% | 9.5% | 12.6% | 8.5% | 8 | 8 | 9 | 6 | |||
| Enovis Corp | USA | USD | 2023-12 | 1.71 | 11.3% | 10.1% | 9.5% | 9.2% | 9.2% | 9.4% | 15.1% | -4.9% | 9 | 9 | 7 | 9 | |||
| Globus Medical Inc | USA | USD | 2023-12 | 1.57 | 124.6% | 89.2% | 63.0% | 53.3% | 53.3% | 27.9% | 25.7% | 17.1% | 1 | 2 | 3 | 4 | |||
| Conmed Corp | USA | USD | 2023-12 | 1.24 | 30.4% | 20.1% | 18.2% | 19.1% | 19.1% | 11.0% | 13.0% | 7.7% | 5 | 7 | 8 | 7 | |||
| Orthofix Medical Inc | USA | USD | 2023-12 | 0.75 | 64.0% | 62.7% | 61.3% | 62.1% | 62.1% | 26.8% | 22.5% | 10.5% | 2 | 1 | 6 | 5 | |||
| Avanos Medical Inc | USA | USD | 2023-12 | 0.71 | -4.6% | -2.6% | -2.1% | -2.3% | -1.6% | 7.1% | -2.0% | 0.6% | 10 | 10 | 10 | 8 | |||
| Alphatec Holdings Inc | USA | USD | 2023-12 | 0.48 | 30.2% | 30.9% | 33.3% | 37.4% | 37.4% | 40.8% | 49.3% | 39.4% | 3 | 3 | 1 | 1 | |||
| Paragon 28 Inc | USA | USD | 2023-12 | 0.22 | 17.6% | 16.2% | 17.4% | 19.3% | 19.3% | 21.1% | 24.9% | na | 7 | 6 | 4 | - | |||
| OrthoPediatrics Corp | USA | USD | 2023-12 | 0.15 | 21.4% | 17.7% | 18.5% | 21.6% | 21.6% | 23.2% | 27.9% | 20.9% | 6 | 5 | 2 | 2 | |||
| SI-BONE Inc | USA | USD | 2023-12 | 0.14 | 21.6% | 24.8% | 26.4% | 30.5% | 30.5% | 24.1% | 23.7% | 20.2% | 4 | 4 | 5 | 3 | |||
| Source: Annual Filings, Company Website | |||||||||||||||||||