Centinel Spine recently announced achievement of record revenue in the second quarter of 2024—outperforming Q1 2024, its previous record quarter.
Centinel Spine remains the fastest growing company in the spine industry* and is dedicated exclusively to total disc replacement (TDR), one of the fastest growing segments in orthopedic implants.
Second Quarter 2024 Highlights
- Record worldwide prodisc TDR revenue of $22.1 million, representing 26% year-over-year (YOY) growth.
- Record worldwide prodisc Cervical revenue of $14.6 million, with 32% YOY growth.
- Record U.S. prodisc Cervical revenue, with 42% YOY growth.
- Record U.S. prodisc total surgeon user-base of nearly 600 surgeons, representing almost 40% YOY growth and sequential quarterly user growth of 10%. Q2 2024 was the 8th consecutive quarter of surgeon user growth.
Highlights on the New Match-the-Disc™ prodisc C Vivo & prodisc C SK Cervical System
- Nearly 7,000 procedures have been completed with the new system since limited US release in Q3 2022.
- Record prodisc C Vivo and prodisc C SK revenue in Q2 2024, representing nearly 67% and 100% YOY growth, respectively.
- Added record number of new surgeons using the Match-the-Disc prodisc C Vivo and prodisc C SK cervical system in Q2 2024, increasing the total number of surgeons that have utilized the new system by nearly 140% YOY and almost 20% in sequential quarterly growth.
- Over 75% of the nearly 700 surgeons that have utilized the new system to date are repeat users and a strong majority of surgeon users come from competitive conversions.
* Based on publicly available information.
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