4WEB Medical posted 2017 revenue growth of +57% vs. 2016, and the company’s highest all-time quarterly revenue in 4Q17, capping seven quarters of consecutive growth.
Within the year the company marked an 84% increase in surgeon users, reaching >300 surgeons in the U.S. This growth was attributed to an expanded sales team, broader product offerings and investments in new product development.
For 2018, 4WEB expects sustained growth supported by recent launches, such as Hyperlordotic ALIF Implants and the Lateral Spine Truss, first implanted in July 2017. Two new launches will include cervical and anterior lumbar implants with integrated fixation.
The company’s open architecture truss implant technology, produced via additive manufacturing, is designed to provide a robust scaffolding for structural support while allowing for osseous incorporation.
Sources: 4WEB Medical; ORTHOWORLD Inc.
Image courtesy of 4WEB Medical
4WEB Medical posted 2017 revenue growth of +57% vs. 2016, and the company's highest all-time quarterly revenue in 4Q17, capping seven quarters of consecutive growth.
Within the year the company marked an 84% increase in surgeon users, reaching >300 surgeons in the U.S. This growth was attributed to an expanded sales team, broader product...
4WEB Medical posted 2017 revenue growth of +57% vs. 2016, and the company’s highest all-time quarterly revenue in 4Q17, capping seven quarters of consecutive growth.
Within the year the company marked an 84% increase in surgeon users, reaching >300 surgeons in the U.S. This growth was attributed to an expanded sales team, broader product offerings and investments in new product development.
For 2018, 4WEB expects sustained growth supported by recent launches, such as Hyperlordotic ALIF Implants and the Lateral Spine Truss, first implanted in July 2017. Two new launches will include cervical and anterior lumbar implants with integrated fixation.
The company’s open architecture truss implant technology, produced via additive manufacturing, is designed to provide a robust scaffolding for structural support while allowing for osseous incorporation.
Sources: 4WEB Medical; ORTHOWORLD Inc.
Image courtesy of 4WEB Medical
You are out of free articles for this month
Subscribe as a Guest for $0 and unlock a total of 5 articles per month.
You are out of five articles for this month
Subscribe as an Executive Member for access to unlimited articles, THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT and more.
JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.