Stryker Corporation is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
Stryker Corp. supplies a range of medical equipment used to perform surgery, accommodate patients, and sanitize tools. It also makes neurotechnology products and orthopedic devices that support healing and mobility. Stryker aims to make healthcare better and does this by supplying the tools healthcare professionals need to care for their patients.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
Medical device research and development is responsible for substantive gains in length and quality of life. This change may be most profound in fighting cardiovascular disease and immobility via implantable technologies. Stryker creates positive Humankind Value on the whole, an outcome largely driven by its positive impact through Medical Devices ($80.9 B), Medical Services ($5.9 B), and Economic Value ($4.4 B). Its value associated with Medical Devices and Medical Services includes the annual impact of an estimated 1,801,135.9 additional years lived by people worldwide. It produces economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. This firm can increase its Humankind Value by addressing its contributions to Opioid Abuse (-$1.1 B) and Greenhouse Gases (-$575.8 M). Stryker’s direct business activities are responsible for its impact on Medical Devices and Economic Value, while Medical Services, Opioid Abuse, and Greenhouse Gases are largely consequences of the actions of supply chain partners.