Stryker Corporation and MedicalIndustry trend 2004 Medical equipemnt industry

Industry Analysis & Future Outlook Industry 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 …

…its Unsecured Credit Facilities and reduces the $150.0 million outstanding under its accounts receivable securitization facility, the Company expects to generate cash earnings in excess of its needs to fund future working capital requirements. The Company anticipates investing in future business growth, including business and product line acquisitions to supplement its current product offerings, instrumentation in support of new product launches and future building expansions, including manufacturing facility expansions for certain divisions within its MedSurg segment.