Conformis Hopes to Rekindle Product Sales in 2022

Conformis reported 4Q21 orthopedic sales of $15.4 million, -7.6% vs. 4Q20. For the full year, the company generated $99.9 million. Product revenue declined -0.5% vs. 2020 and remains down -24% vs. 2019.

Protecting and monetizing its intellectual property is crucial for Conformis. The company's recurring royalty revenue is about 1% of its...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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