In its preliminary sales report, DJO also announced full year 2011 sales of $1 billion, which is the first time the company’s yearly sales have surpassed the $1 billion mark. The 2011 net sales represent an 11.3 percent increase over 2010 net sales.
The company’s success can be attributed to the addition of recently acquired businesses, such as Elastic Therapy, Circle City Medical and Dr. Comfort. The preliminary report also shows a 4.9 percent growth in the surgical implant business segment.
Related Articles on Orthopedic Devices:
Life Spine Reports 29% Revenue Growth in 2011
Costs Mount for DePuy ASR Hip Recall Program as DePuy Sees US Sales Drop
Medtronic Receives FDA Clearance for Surgical Device
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
