SYK · NYSE · Medical - Devices

Stryker (SYK)

Pairs orthopaedic implants with Mako robotics, surgical equipment and vascular devices.

$276.52
vs last close+2.32 (+0.85%)

Stryker supplies the equipment and one-use parts behind hospital rooms, ambulances and many kinds of surgery. No single product family carries the company: bone and joint implants share the load with operating-room gear, emergency equipment and devices for the brain and blood vessels. Increasingly, machines and digital tools placed in hospitals help bring repeat demand for compatible implants, supplies and service.

Item facts: FY2025 · year ended Dec 31, 2025, from filings, earnings calls and company pages.

Judgment weights, not filed revenue

Bone & joint implants~34%Operating-room systems~31%Brain & blood-vessel care~18%Hospital & emergency gear~17%

The band summarizes business focus and direction. ~ marks estimates.

9 in detail · 10 more below

  • Trauma and Extremities

    · Product line

    Plates, nails and other implants repair fractures and shoulders. FY2026 Q2 sales grew 11.9%; watch whether the Pangea rollout and new shoulder products keep this procedure-driven line growing quickly.

    Competes with EVOS Large & Periprosthetic Plating System (Smith+Nephew) · Variable Angle LCP Periprosthetic Proximal Femur Plating System (DePuy Synthes)

    In plain English

    A broken bone needs more than a cast when it is badly damaged. Stryker sells the plates, screws and nails that hold fractures together, plus replacement and repair parts for shoulders, feet and ankles. Some trauma cases arrive without warning; shoulder and other repair operations can be scheduled.

    Hospitals buy a fresh implant for each patient, while surgeons often choose the system they know and have trained on. That makes the business repeat with every operation. Growth comes from more procedures, wider use of product families such as Pangea and new shoulder products, while reliable sterile supplies must be ready whenever an injury arrives.

  • Knees

    · Product line

    Knee implants are used once per operation, often with Mako robot guidance. FY2026 Q2 sales grew 8.4%; watch surgical volume and whether Mako use keeps pulling Stryker implants into hospitals.

    Competes with Persona Knee System (Zimmer Biomet) · ATTUNE Knee System (DePuy Synthes)

    In plain English

    Think of a worn knee as a hinge whose smooth surfaces have broken down. Stryker makes the shaped metal and plastic parts that replace those surfaces in full, partial and repeat knee operations. Its Mako system helps a surgeon plan the cuts and place the parts.

    The hospital pays for a new implant set each time a patient has surgery. Surgeons influence which system is used, while hospitals negotiate prices and decide which brands they will stock. More operations mean more implants sold; placing Mako can deepen that relationship because the robot-assisted process is built around compatible Stryker parts.

  • Hips

    · Product line

    Hip stems, cups and bearings replace worn joints, with Mako assisting some operations. FY2026 Q2 sales grew just 2.9%, so the watchpoint is whether this slower line regains momentum.

    Competes with Avenir Complete Hip System (Zimmer Biomet) · ACTIS Total Hip Solutions (DePuy Synthes)

    In plain English

    Hip replacement is a planned rebuild of the body's ball-and-socket joint. Stryker supplies the stem fitted into the thigh bone, the new ball, the cup it turns inside and parts for later replacement operations. Mako can help plan and guide the placement.

    One operation generally creates one new set of implant sales. Hospitals approve suppliers and prices, but surgeon preference matters because training and familiarity shape which parts get used. The business therefore follows the number of scheduled hip operations, the mix of parts chosen and Stryker's ability to keep every required size available.

  • Endoscopy

    · Product line

    Cameras, scopes, room controls and related tools help surgical teams see and coordinate. FY2026 Q2 sales grew 11.7%; watch hospital building and renovation budgets, which govern many large orders.

    Competes with VISERA ELITE III (Olympus) · IMAGE1 S Rubina (Karl Storz)

    In plain English

    Before a surgeon can work through a small opening, the room needs a clear view. Stryker sells the tiny cameras and scopes that look inside the body, along with screens, lights and systems that connect the operating room. It also supplies tools for sports medicine, equipment cleaning and breast care.

    Hospitals and surgery centers often buy the larger setup when they build or renovate a room. Stryker then earns from added accessories, upgrades, training and service. The result is part construction project and part repeat-supply business: a strong product launch helps, but the timing of hospital budgets can move sales between quarters.

  • Ortho Tech

    · Product line

    Mako systems, powered tools and surgery-guidance equipment form Stryker's technology layer for bone and joint operations. FY2026 Q2 sales grew 10.3%; factory output and hospital use determine the follow-on implant demand.

    Competes with ROSA Robotics (Zimmer Biomet) · CORI Surgical System (Smith+Nephew)

    In plain English

    The machine is only the front door. Ortho Tech brings together Mako robot-assisted surgery systems, powered bone tools and equipment that guides surgeons during an operation. Hospitals and surgery centers buy the machines, accessories and upkeep; surgeons decide how often they are used.

    Each placement can also steer later demand toward the Stryker implants designed to work with that setup. That makes a large-equipment sale valuable twice: once when the system and tools are delivered, then again as operations use compatible parts. Manufacturing capacity, training and machine uptime decide how quickly that cycle turns.

  • Instruments

    · Product line

    Waste collection, smoke removal, counting tools and related equipment keep operating rooms running. FY2025 sales were $1.228B; watch whether placements produce steady demand for filters, tubing and service.

    Competes with VisiClear and PlumeSafe X5 (CONMED) · RapidVac (Medtronic)

    In plain English

    The unglamorous part of an operating room still has to work every time. This line includes machines that collect liquid waste, capture surgical smoke and help make sure sponges are not left behind, plus other tools that support procedures.

    A hospital first buys or places the equipment, then keeps purchasing filters, tubing and other supplies as operations continue. Training and service add another stream of payments. It resembles a workshop built around a durable machine and its refill cabinet: the equipment opens the account, while procedure volume keeps the cabinet emptying.

  • Neuro Cranial

    · Product line

    Tools for brain, skull and selected spine procedures range from precision drills and tiny plates to less-invasive access systems. FY2025 sales grew 16.3%; watch adoption of recently acquired NICO and Vertos products.

    Competes with CUSA Clarity (Integra LifeSciences) · Midas Rex MR8 (Medtronic)

    In plain English

    Brain and skull surgery leaves almost no room for rough work. Stryker supplies high-speed drills, tissue-removal tools, small plates and screws, and devices that let surgeons reach a problem through a smaller opening. The line also includes materials used in bone repair and tools for certain painful spine conditions.

    Specialist surgical teams choose and train on these systems, while hospitals purchase and stock them. Stryker earns as equipment is placed, tools are serviced and fresh implants or one-use parts are needed for procedures. New additions such as NICO and Vertos matter only if more doctors learn them and use them regularly.

  • Vascular

    · Product line

    Thin tubes guided through blood vessels remove dangerous clots from the lungs, legs and brain. FY2026 Q2 sales fell 0.7% after an Inari factory disruption; recovery depends on restoring supply.

    Competes with Lightning Flash and Indigo (Penumbra) · Pipeline Vantage (Medtronic)

    In plain English

    A clot is a traffic jam inside a blood vessel. Stryker sells thin tubes that doctors guide through the body to pull clots from the lungs, legs or brain and restore blood flow without open surgery. The portfolio combines Stryker's stroke devices with Inari's clot-removal systems.

    Hospitals pay for a new device each time a specialist treats a patient. That makes sales follow emergency cases, doctor adoption and the supply of sterile catheters. The Inari factory interruption showed the weak link: demand cannot become revenue when products are backordered. A newly acquired device for cracking calcium inside arteries remains before commercial sale.

  • Medical

    · Product line

    Beds, stretchers, ambulance equipment, heart-shock monitors, bedside supplies and care software form Stryker's largest line. It produced $4.204B in FY2025; watch factory catch-up on delayed bed and equipment orders.

    Competes with Centrella Smart+ Bed (Baxter/Hillrom) · X Series Advanced (ZOLL Medical)

    In plain English

    From the hospital room to the ambulance bay, this is the equipment that moves, monitors and supports a patient. Stryker sells beds and stretchers, ambulance cots, heart-shock monitors, bedside supplies and software that helps caregivers communicate and watch patients remotely.

    Hospitals and emergency services pay for the large equipment, then return for one-use supplies, repairs, software, accessories and eventual replacements. Sales can arrive in waves because buyers approve big equipment budgets and factories must deliver on schedule. The broad installed base makes the line durable, while new LIFEPAK monitors, ProCuity beds and SmartCare software provide the next round of demand.

  • Trauma and Extremities· Product linePlates, nails and other implants repair fractures and shoulders. FY2026 Q2 sales grew 11.9%; watch whether the Pangea rollout and new shoulder products keep this procedure-driven line growing quickly.

    Plates, nails and other implants repair fractures and shoulders. FY2026 Q2 sales grew 11.9%; watch whether the Pangea rollout and new shoulder products keep this procedure-driven line growing quickly.

    In plain English

    A broken bone needs more than a cast when it is badly damaged. Stryker sells the plates, screws and nails that hold fractures together, plus replacement and repair parts for shoulders, feet and ankles. Some trauma cases arrive without warning; shoulder and other repair operations can be scheduled.

    Hospitals buy a fresh implant for each patient, while surgeons often choose the system they know and have trained on. That makes the business repeat with every operation. Growth comes from more procedures, wider use of product families such as Pangea and new shoulder products, while reliable sterile supplies must be ready whenever an injury arrives.

    Competes with EVOS Large & Periprosthetic Plating System (Smith+Nephew) · Variable Angle LCP Periprosthetic Proximal Femur Plating System (DePuy Synthes)

  • Knees· Product lineKnee implants are used once per operation, often with Mako robot guidance. FY2026 Q2 sales grew 8.4%; watch surgical volume and whether Mako use keeps pulling Stryker implants into hospitals.

    Knee implants are used once per operation, often with Mako robot guidance. FY2026 Q2 sales grew 8.4%; watch surgical volume and whether Mako use keeps pulling Stryker implants into hospitals.

    In plain English

    Think of a worn knee as a hinge whose smooth surfaces have broken down. Stryker makes the shaped metal and plastic parts that replace those surfaces in full, partial and repeat knee operations. Its Mako system helps a surgeon plan the cuts and place the parts.

    The hospital pays for a new implant set each time a patient has surgery. Surgeons influence which system is used, while hospitals negotiate prices and decide which brands they will stock. More operations mean more implants sold; placing Mako can deepen that relationship because the robot-assisted process is built around compatible Stryker parts.

    Competes with Persona Knee System (Zimmer Biomet) · ATTUNE Knee System (DePuy Synthes)

  • Hips· Product lineHip stems, cups and bearings replace worn joints, with Mako assisting some operations. FY2026 Q2 sales grew just 2.9%, so the watchpoint is whether this slower line regains momentum.

    Hip stems, cups and bearings replace worn joints, with Mako assisting some operations. FY2026 Q2 sales grew just 2.9%, so the watchpoint is whether this slower line regains momentum.

    In plain English

    Hip replacement is a planned rebuild of the body's ball-and-socket joint. Stryker supplies the stem fitted into the thigh bone, the new ball, the cup it turns inside and parts for later replacement operations. Mako can help plan and guide the placement.

    One operation generally creates one new set of implant sales. Hospitals approve suppliers and prices, but surgeon preference matters because training and familiarity shape which parts get used. The business therefore follows the number of scheduled hip operations, the mix of parts chosen and Stryker's ability to keep every required size available.

    Competes with Avenir Complete Hip System (Zimmer Biomet) · ACTIS Total Hip Solutions (DePuy Synthes)

  • Endoscopy· Product lineCameras, scopes, room controls and related tools help surgical teams see and coordinate. FY2026 Q2 sales grew 11.7%; watch hospital building and renovation budgets, which govern many large orders.

    Cameras, scopes, room controls and related tools help surgical teams see and coordinate. FY2026 Q2 sales grew 11.7%; watch hospital building and renovation budgets, which govern many large orders.

    In plain English

    Before a surgeon can work through a small opening, the room needs a clear view. Stryker sells the tiny cameras and scopes that look inside the body, along with screens, lights and systems that connect the operating room. It also supplies tools for sports medicine, equipment cleaning and breast care.

    Hospitals and surgery centers often buy the larger setup when they build or renovate a room. Stryker then earns from added accessories, upgrades, training and service. The result is part construction project and part repeat-supply business: a strong product launch helps, but the timing of hospital budgets can move sales between quarters.

    Competes with VISERA ELITE III (Olympus) · IMAGE1 S Rubina (Karl Storz)

  • Ortho Tech· Product lineMako systems, powered tools and surgery-guidance equipment form Stryker's technology layer for bone and joint operations. FY2026 Q2 sales grew 10.3%; factory output and hospital use determine the follow-on implant demand.

    Mako systems, powered tools and surgery-guidance equipment form Stryker's technology layer for bone and joint operations. FY2026 Q2 sales grew 10.3%; factory output and hospital use determine the follow-on implant demand.

    In plain English

    The machine is only the front door. Ortho Tech brings together Mako robot-assisted surgery systems, powered bone tools and equipment that guides surgeons during an operation. Hospitals and surgery centers buy the machines, accessories and upkeep; surgeons decide how often they are used.

    Each placement can also steer later demand toward the Stryker implants designed to work with that setup. That makes a large-equipment sale valuable twice: once when the system and tools are delivered, then again as operations use compatible parts. Manufacturing capacity, training and machine uptime decide how quickly that cycle turns.

    Competes with ROSA Robotics (Zimmer Biomet) · CORI Surgical System (Smith+Nephew)

  • Instruments· Product lineWaste collection, smoke removal, counting tools and related equipment keep operating rooms running. FY2025 sales were $1.228B; watch whether placements produce steady demand for filters, tubing and service.

    Waste collection, smoke removal, counting tools and related equipment keep operating rooms running. FY2025 sales were $1.228B; watch whether placements produce steady demand for filters, tubing and service.

    In plain English

    The unglamorous part of an operating room still has to work every time. This line includes machines that collect liquid waste, capture surgical smoke and help make sure sponges are not left behind, plus other tools that support procedures.

    A hospital first buys or places the equipment, then keeps purchasing filters, tubing and other supplies as operations continue. Training and service add another stream of payments. It resembles a workshop built around a durable machine and its refill cabinet: the equipment opens the account, while procedure volume keeps the cabinet emptying.

    Competes with VisiClear and PlumeSafe X5 (CONMED) · RapidVac (Medtronic)

  • Neuro Cranial· Product lineTools for brain, skull and selected spine procedures range from precision drills and tiny plates to less-invasive access systems. FY2025 sales grew 16.3%; watch adoption of recently acquired NICO and Vertos products.

    Tools for brain, skull and selected spine procedures range from precision drills and tiny plates to less-invasive access systems. FY2025 sales grew 16.3%; watch adoption of recently acquired NICO and Vertos products.

    In plain English

    Brain and skull surgery leaves almost no room for rough work. Stryker supplies high-speed drills, tissue-removal tools, small plates and screws, and devices that let surgeons reach a problem through a smaller opening. The line also includes materials used in bone repair and tools for certain painful spine conditions.

    Specialist surgical teams choose and train on these systems, while hospitals purchase and stock them. Stryker earns as equipment is placed, tools are serviced and fresh implants or one-use parts are needed for procedures. New additions such as NICO and Vertos matter only if more doctors learn them and use them regularly.

    Competes with CUSA Clarity (Integra LifeSciences) · Midas Rex MR8 (Medtronic)

  • Vascular· Product lineThin tubes guided through blood vessels remove dangerous clots from the lungs, legs and brain. FY2026 Q2 sales fell 0.7% after an Inari factory disruption; recovery depends on restoring supply.

    Thin tubes guided through blood vessels remove dangerous clots from the lungs, legs and brain. FY2026 Q2 sales fell 0.7% after an Inari factory disruption; recovery depends on restoring supply.

    In plain English

    A clot is a traffic jam inside a blood vessel. Stryker sells thin tubes that doctors guide through the body to pull clots from the lungs, legs or brain and restore blood flow without open surgery. The portfolio combines Stryker's stroke devices with Inari's clot-removal systems.

    Hospitals pay for a new device each time a specialist treats a patient. That makes sales follow emergency cases, doctor adoption and the supply of sterile catheters. The Inari factory interruption showed the weak link: demand cannot become revenue when products are backordered. A newly acquired device for cracking calcium inside arteries remains before commercial sale.

    Competes with Lightning Flash and Indigo (Penumbra) · Pipeline Vantage (Medtronic)

  • Medical· Product lineBeds, stretchers, ambulance equipment, heart-shock monitors, bedside supplies and care software form Stryker's largest line. It produced $4.204B in FY2025; watch factory catch-up on delayed bed and equipment orders.

    Beds, stretchers, ambulance equipment, heart-shock monitors, bedside supplies and care software form Stryker's largest line. It produced $4.204B in FY2025; watch factory catch-up on delayed bed and equipment orders.

    In plain English

    From the hospital room to the ambulance bay, this is the equipment that moves, monitors and supports a patient. Stryker sells beds and stretchers, ambulance cots, heart-shock monitors, bedside supplies and software that helps caregivers communicate and watch patients remotely.

    Hospitals and emergency services pay for the large equipment, then return for one-use supplies, repairs, software, accessories and eventual replacements. Sales can arrive in waves because buyers approve big equipment budgets and factories must deliver on schedule. The broad installed base makes the line durable, while new LIFEPAK monitors, ProCuity beds and SmartCare software provide the next round of demand.

    Competes with Centrella Smart+ Bed (Baxter/Hillrom) · X Series Advanced (ZOLL Medical)

Named in filings, launches and programs

  • SmartCarePlatform · RampingCaregiver communication and remote patient-watching software within Medical; cloud-based orders were increasing.
  • LIFEPAK 35Product · RampingThe new generation of Stryker's heart monitor and shock device, selling into a large existing equipment base.
  • Mako RPSProduct · RampingA handheld robot-assisted bone-cutting system released across the United States for total-knee operations in July 2026.
  • Pangea Plating SystemProduct line · RampingA trauma plate family moving from limited European availability toward a broader release.
  • 1788 Advanced Imaging PlatformPlatformAn operating-room camera system that shows very detailed images and can make specially dyed tissue easier to see.
  • SportSuite VisionPlatformA headset application cleared by U.S. health regulators that puts surgical information in view; its first announced use was in hip repair.
  • Amplitude Vascular Systems IVLProduct · Pre-revenueA not-yet-sold device intended to crack calcium inside arteries; one use awaits U.S. regulator review and heart-artery work remains in testing.
  • FiberLocker System / ZuriMEDProduct · AnnouncedA commercial rotator-cuff repair aid that Stryker agreed to acquire at the end of August 2026.
  • Sonopet 3Product · AnnouncedThe planned next version of a tool that uses high-frequency vibration to remove tissue during delicate surgery.
  • ProCuityProductAn acute-care bed platform whose orders were running ahead of production catch-up after the March 2026 cyber shutdown.
  • SmartCarePlatform · Ramping

    Caregiver communication and remote patient-watching software within Medical; cloud-based orders were increasing.

  • LIFEPAK 35Product · Ramping

    The new generation of Stryker's heart monitor and shock device, selling into a large existing equipment base.

  • Mako RPSProduct · Ramping

    A handheld robot-assisted bone-cutting system released across the United States for total-knee operations in July 2026.

  • Pangea Plating SystemProduct line · Ramping

    A trauma plate family moving from limited European availability toward a broader release.

  • 1788 Advanced Imaging PlatformPlatform

    An operating-room camera system that shows very detailed images and can make specially dyed tissue easier to see.

  • SportSuite VisionPlatform

    A headset application cleared by U.S. health regulators that puts surgical information in view; its first announced use was in hip repair.

  • Amplitude Vascular Systems IVLProduct · Pre-revenue

    A not-yet-sold device intended to crack calcium inside arteries; one use awaits U.S. regulator review and heart-artery work remains in testing.

  • FiberLocker System / ZuriMEDProduct · Announced

    A commercial rotator-cuff repair aid that Stryker agreed to acquire at the end of August 2026.

  • Sonopet 3Product · Announced

    The planned next version of a tool that uses high-frequency vibration to remove tissue during delicate surgery.

  • ProCuityProduct

    An acute-care bed platform whose orders were running ahead of production catch-up after the March 2026 cyber shutdown.