3 spinal tech companies that saw revenue decreases in Q2 and Q3

Medtronic, ZimVie and Zimmer Biomet all saw a decrease in revenue and sales in the second or third quarter of 2022. 

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Medtronic reported $7.6 billion in second quarter revenue, a 3 percent dip in reported revenue. 

ZimVie reported a third-quarter revenue of $213.3 million. Its net sales were down 10.6 percent year over year. Its third-party spine sales also decreased 16.4 percent year over year. 

Zimmer Biomet saw a less than one percent decrease in third quarter sales. Its net sales were down 0.9 percent from the same period last year. 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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