Smith & Nephew plc

Company Snapshot

Founded: 1856
Entity Type: Public
Employees: 17,000
Region: U.S.
Revenue: $5,810.0 Millions
Revenue Year: 2024
Headquarter: Watford Hertfordshire, U.K.
Key Geographics: U.S., Other Established Markets
Corporate Address: Building 5, Croxley Park Hatters Lane Watford Hertfordshire WD18 8YE, U.K. Tel. +44 -1923-477-100 www.smith-nephew.com

Company Overview

Smith+Nephew is a medical equipment company engaged in developing, manufacturing and marketing medical technology products and services. It offers innovative products for minimally invasive surgeries, specialized knee replacement procedures, hip joint reconstruction, sports medicine, trauma and extremities and arthroscopic procedures. The company operates in three reportable segments: Orthopedics, Sports Medicine & ENT and Advanced Wound Management.

The company offers drug-device combination products through its advanced wound management segment. The company operates in more than 100 countries. The company was Incorporated in 1856 and had a workforce of 18,000 (as of December 31, 2023). The company has a worldwide presence across America, Europe, Asia, the Middle East, Australia and New Zealand.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Smith & Nephew plc In Reports

Surgical Equipment: Technologies and Global Markets

BCC Research Report: Dive into the surgical equipment market growth factors and analyzes trends and opportunities in key regions.

Medical Devices Industry: Competitive Landscape

BCC Research Market Analyst says global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a CAGR of 9.8%.

Global Medical Tapes Market

BCC Research Market Analyst says global market for medical tapes is expected to grow from $5.6 billion in 2024 and is projected to reach $7.0 billion by the end of 2029, at a CAGR of 4.7%.

Company's Business Segments

  • Orthopaedics : Knee Implants, Hip Implants, Other Reconstruction that includes (robotics capital sales, our joint navigation business and bone cement), and Trauma & Extremities
  • Sports Medicine & ENT : Sports Medicine Joint Repair, Arthroscopic Enabling Technologies, ENT (Ear, Nose and Throat)
  • Advanced Wound Management : Advanced Wound Care, Advanced Wound Bioactives, Advanced Wound Devices

Applications/End User Industries

  • Orthopaedic Surgeons
  • Clinicians
  • General Practitioners
  • Healthcare Insurers
  • Healthcare customers
  • Purchasing professionals in hospitals