Healthcare

DEPUY SYNTHES

Company Profile Analysis

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DEPUY SYNTHES - Healthcare showcase

Year Founded & Workforce

1894-12-31

18,000 Employees

Industry

Healthcare

Services

D

DEPUY SYNTHES Overview

Company Headquarters: Massachusetts, US

Founded: 1895

Workforce: 18,000 +

Company Working: DePuy Synthes is a subsidiary of Johnson & Johnson Services, Inc. The company is involved in manufacturing and marketing of orthopedic and neurological devices. It operates through business segments including joint reconstruction, trauma, spine, sports medicine, neuro, cranio-maxillofacial, power tools, and biomaterials. Additionally, it is engaged in manufacturing of reconstruction solutions for hip, knee, and shoulder replacement and trauma devices for internal and external fixation, implants, and instruments. It is directly present in more than 60 countries and operates in all major markets.

Strategy

DePuy Synthes focuses on tapping emerging markets with the high potential to increase its geographical presence. Moreover, it aims to increase its focus on investments for further research and development for its future growth. It also focuses on the retention of customers from the emerging markets through strong collaborative activities and to comply with local regulations and business ethics.

Company Snapshot

$71,890M

Revenue

18,000

Employees

1894-12-31

Founded

Massachusetts, US

Headquarters

SWOT Analysis

Strengths

  • Strong distribution channel
  • Strong research & development
  • Wide product portfolio
  • Well renowned brand
  • Innovative products
  • Diverse portfolio
  • Strong brand name in the global market

Weaknesses

  • High dependence on matured markets
  • Dependence on third party litigations
  • Operational failures and issues related to quality
  • Ongoing lawsuits against the company

Opportunities

  • Expansion in small and mid-sized business markets
  • Mergers & acquisitions
  • Expanding the product portfolio according to the market
  • Mergers, acquisitions, and equity investments
  • Localizing value chain activities

Threats

  • Fluctuating exchange rate and changes in foreign market policies
  • Increasing number of players in the healthcare market
  • Changing competitive environment
  • Shortage of skilled people
  • Stringent government policies

Key Developments

DateApproachDevelopment
September 2018ExpansionDePuy Synthes expanded the spine portfolio with the nerve assessment platform. This platform helps the users to identify and avoid complications related to nerves during spine surgery. Thus, with this expansion, the company aims to brace its position in the market.
January 2017AcquisitionThe company acquired the interventional spine expandable cage technology. This acquisition helped to accelerate the growth in the spine market.
October 2016LaunchThe company launched a portable spine imaging system. This launch helped to expand advanced visualization and access patient outcomes, eventually pushing the growth of the company in the thoracolumbar spine devices market.

Product Offering

  • DEPUY SYNTHES
    • Thoracolumbar
    • Soft Tissue Reconstruction

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles DEPUY SYNTHES as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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