Stryker: Mergers, Product design and Life cycle management
In 2021, Stryker acquired Gauss Surgical, a medical device company that has developed Triton, an artificial intelligence-enabled platform for real-time monitoring of blood loss in sponges and canisters during surgery, enabling early detection of post-partum hemorrhage. It is believed that Triton technology will help improve the industry standards for quantifying blood loss in the labor and delivery department, furthering Stryker’s commitment to improve safety and outcomes for our caregivers and their patients. Stryker’s Sustainability Solutions business provides reprocessing services for single-use medical devices. Reprocessing of single-use medical devices lowers expenses by 25 to 30 percent without compromising quality or safety. Medical waste is a growing problem. The average hospital generates 29 pounds of waste per bed every day, and this volume has only increased with the coronavirus, amplifying demand for single-use items. Improper management of discarded medical waste poses a h