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

Spinal Tech

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

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. 

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