SYK · 10-Q · 2026Q2 · Full report

Market Demand Trends

STRYKER CORP · 2026-07-31 · Importance 49 · Surprise 32

Consolidated net sales increased 9.4% year over year in the second quarter of 2026, or 9.0% in constant currency, driven by higher unit volume and product shipments. MedSurg and Neurotechnology sales grew 9.7% as reported, with Instruments up 9.3%, Endoscopy up 11.7%, Medical up 13.4% and Vascular down 0.7%. Orthopaedics sales increased 9.1%, supported by higher shipments across Knees, Hips, Trauma and Extremities, Ortho Tech and other Orthopaedics businesses. For the first six months, consolidated sales increased 6.1% and constant-currency sales excluding acquisitions and divestitures increased 5.6%, reflecting higher unit volume and 0.2% pricing.