About Wright Medical
Wright Medical is a company based in Memphis (United States) founded in 1993 was acquired by Stryker in November 2019. The company has 1,838 employees as of December 31, 2022. Wright Medical has completed 7 acquisitions, including BioMimetic Therapeutics, Biotech International and Cartiva. Wright Medical operates in a competitive market with competitors including Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, among others.
- Headquarter Memphis, United States
- Employees 1838 as on 31 Dec, 2022
- Stage Public
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$920.9 M (USD)10as on Dec 31, 2019
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Net Profit
-$114.23 M (USD)33as on Dec 31, 2019
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EBITDA
$11.59 M (USD)249as on Dec 31, 2019
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Latest Funding Round
$15.6 M (USD), Post-IPO
Dec 19, 2017
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Investors
Stryker
& 2 more
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Employee Count
1838
as on Dec 31, 2022
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Investments & Acquisitions
BioMimetic Therapeutics
& 6 more
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Acquired by
Stryker
(Nov 04, 2019)
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People of Wright Medical
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Software Development Team
279 people
Sales and Marketing
127 people
Leadership Team
90 people
Human Resources and Administration
68 people
Finance and Accounting
50 people
Senior Team
49 people
Legal and Compliance
33 people
Data Analysis and Operations Team
30 people
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Funding Insights of Wright Medical
Investors in Wright Medical
Wright Medical has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Stryker, U.S. Department of Defense and Military Health.
| Investor | Description | Founded Year | Domain | Location |
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Military forces are provided by the U.S. Department of Defense for national security.
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Administers health care and support for military personnel and operations.
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3D-printed orthopedic products are manufactured for medical applications.
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Investor details for Wright Medical
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Investments & Acquisitions by Wright Medical
Wright Medical has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include BioMimetic Therapeutics, Biotech International and Cartiva.
Investment portfolio details for Wright Medical
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Synthetic cartilage implants are developed for osteoarthritis treatment.
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Preoperative planning software for shoulder replacement surgery is developed.
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Develops extremity orthopedic products to restore motion
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Wright Medical
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Financial Statements - Wright Medical
Detailed financials for Wright Medical
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Wright Medical Comparisons
Peer comparison for Wright Medical
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Competitors of Wright Medical
Wright Medical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Biomet, Treace Medical Concepts, Bioretec, IlluminOss Medical and Loci Orthopaedics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Orthopedic surgical and non-surgical products are designed and distributed.
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Orthopedic foot and ankle correction systems are developed and offered.
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Provider of bioabsorbable, bioactive and drug-releasing surgical implants
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Minimally invasive orthopedic systems for bone fracture stabilization are developed.
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Thumb implant for thumb base arthritis
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Detailed competitors of Wright Medical
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Latest news on Wright Medical
Complete news archive for Wright Medical
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Frequently Asked Questions about Wright Medical
Wright Medical was founded in 1993 and raised its 1st funding round 17 years after it was founded.
Wright Medical is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Bob Palmisano is the current CEO of Wright Medical.
As of Dec 31, 2022, the latest employee count at Wright Medical is 1,838.
Annual revenue of Wright Medical is $920.9M as on Dec 31, 2019.
Wright Medical was founded in 1993 and is headquartered in Memphis, United States. Orthopedic devices are produced by the company, focusing on surgical solutions for upper extremities such as shoulder, elbow, wrist, and hand, as well as lower extremities including foot and ankle. Operations center on the medical device sector, with products designed for orthopedic applications across various anatomical areas.
Wright Medical's top competitors include Treace Medical Concepts, Loci Orthopaedics and Bioretec.
Wright Medical has made 7 acquisitions, including BioMimetic Therapeutics, Biotech International, and Cartiva.
Wright Medical has 3 investors. Key investors include Stryker, U.S. Department of Defense, and Military Health.