Top 10 device companies in spine surgery product market & where they stand

Written by Mackenzie Garrity | August 21, 2018 | Print  | Email

Here are the top 10 device companies in the global spine surgery product market, according to a Trusted Business Insights report.

1. Medtronic: The company reported $7.38 billion in first quarter 2019 revenue, a 0.1 percent decrease year-over-year. However, Medtronic saw a 6.8 percent increase in organic revenue growth.

2. DePuy Synthes: The company generated $845 million in second quarter 2018 sales, a 7.7 percent decrease year-over-year. The company's trauma segment reported $675 million in sales, a 5 percent increase.

3. NuVasive: NuVasive experienced an 8.5 percent increase in year-over-year revenues, topping $281.6 million for the second quarter of 2018.

4. Stryker: Stryker reported $3.3 billion in net sales, a 10.3 percent increase year-over-year.

5. Globus Medical: The company's sales spiked 13.8 percent year-over-year, reaching $173.4 million for the second quarter of 2018.

6. Zimmer Biomet: The company reported $2 billion in sales during the second quarter of 2018, a 3 percent increase year-over-year.

7. K2M: The company's second quarter of 2018 revenue was $73.6 million, a 12 percent increase year-over-year.

8. Orthofix: Orthofix's sales for the second quarter of 2018 jumped to $111.5 million, a 2.4 percent increase year-over-year.

9. Alphatec: Alphatec reported a 6 percent increase in net revenue during the second quarter of 2018, hitting $22 million.

10. RTI Surgical: The company reported $70.7 million in revenue for the second quarter of 2018, compared to $72.1 million in the same quarter the prior year.

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