Treace Medical Reduces 2024 Guide on Competitive Headwinds

Treace Medical Concepts reported 1Q24 orthopedic sales of $51.1 million, up 21.1% compared to the first quarter of 2023.

Increased procedure kit volume, an expanding surgeon base and an improving product mix drove sales growth. Sustained patient demand extended the company's momentum from its seasonally strong fourth quarter.

Despite a...

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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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