DJO reported 3Q19 orthopedic revenue of USD $97.9 million, +5.9% vs. 3Q18.
- Colfax leadership says it is off to a strong start implementing operational efficiencies at DJO through their CBS program
- Surgeon conversions and new products like the AltiVate shoulder, EMPOWR Knee and AltiVate Reverse Short Stem drove joint replacement revenue growth
- Leadership believes it can sustain consistent high single-digit growth for joint replacement
- The company is actively working a “healthy funnel” of bolt-on acquisitions to accelerate growth in 2020
- ORTHOWORLD projects DJO full year 2019 orthopedic revenue of $411.2 million, +5.5% vs. 2018
Revenue Data
All revenue data is provided in USD millions unless otherwise noted. Sales and growth rates are estimated on an as-reported basis.
Segment Sales
3Q19 | 3Q18 | $ Chg | % Chg | |
---|---|---|---|---|
Joint Replacement | $75.9 | $70.9 | $5.0 | 7.1% |
Knees | $19.5 | $18.5 | $1.0 | 5.6% |
Hips | $16.7 | $16.1 | $0.7 | 4.3% |
Extremities | $39.6 | $36.4 | $3.3 | 9% |
Other (Recovery Sciences) | $22.0 | $21.5 | $0.5 | 2.3% |
Total | $97.9 | $92.4 | $5.5 | 5.9% |
9Mo 19 | 9Mo 18 | $ Chg | % Chg | |
---|---|---|---|---|
Joint Replacement | $230.5 | $217.7 | $12.7 | 5.9% |
Knees | $59.9 | $56.8 | $3.1 | 5.5% |
Hips | $51.0 | $49.3 | $1.7 | 3.5% |
Extremities | $119.5 | $111.6 | $7.9 | 7.1% |
Other (Recovery Sciences) | $64.4 | $65.5 | ($1.1) | (1.6%) |
Total | $294.9 | $283.2 | $11.7 | 4.1% |
Mike Evers is ORTHOWORLD’s Digital Content Strategist. He can be reached by email.
DJO reported 3Q19 orthopedic revenue of USD $97.9 million, +5.9% vs. 3Q18.
Colfax leadership says it is off to a strong start implementing operational efficiencies at DJO through their CBS program
Surgeon conversions and new products like the AltiVate shoulder, EMPOWR Knee and AltiVate Reverse Short Stem drove joint replacement...
DJO reported 3Q19 orthopedic revenue of USD $97.9 million, +5.9% vs. 3Q18.
- Colfax leadership says it is off to a strong start implementing operational efficiencies at DJO through their CBS program
- Surgeon conversions and new products like the AltiVate shoulder, EMPOWR Knee and AltiVate Reverse Short Stem drove joint replacement revenue growth
- Leadership believes it can sustain consistent high single-digit growth for joint replacement
- The company is actively working a “healthy funnel” of bolt-on acquisitions to accelerate growth in 2020
- ORTHOWORLD projects DJO full year 2019 orthopedic revenue of $411.2 million, +5.5% vs. 2018
Revenue Data
All revenue data is provided in USD millions unless otherwise noted. Sales and growth rates are estimated on an as-reported basis.
Segment Sales
3Q19 | 3Q18 | $ Chg | % Chg | |
---|---|---|---|---|
Joint Replacement | $75.9 | $70.9 | $5.0 | 7.1% |
Knees | $19.5 | $18.5 | $1.0 | 5.6% |
Hips | $16.7 | $16.1 | $0.7 | 4.3% |
Extremities | $39.6 | $36.4 | $3.3 | 9% |
Other (Recovery Sciences) | $22.0 | $21.5 | $0.5 | 2.3% |
Total | $97.9 | $92.4 | $5.5 | 5.9% |
9Mo 19 | 9Mo 18 | $ Chg | % Chg | |
---|---|---|---|---|
Joint Replacement | $230.5 | $217.7 | $12.7 | 5.9% |
Knees | $59.9 | $56.8 | $3.1 | 5.5% |
Hips | $51.0 | $49.3 | $1.7 | 3.5% |
Extremities | $119.5 | $111.6 | $7.9 | 7.1% |
Other (Recovery Sciences) | $64.4 | $65.5 | ($1.1) | (1.6%) |
Total | $294.9 | $283.2 | $11.7 | 4.1% |
Mike Evers is ORTHOWORLD’s Digital Content Strategist. He can be reached by email.
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ME
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.