Financial

ulrich medical USA® Delivers Seventh Consecutive Year of Profitable Double-Digit Growth

ST. LOUISMarch 7, 2018 /PRNewswire/ — ulrich medical USA, Inc., a medical device company focused on developing and commercializing musculoskeletal implant technologies in the United States, today reported 2017 financial results with 10% annual revenue growth for the year ending December 31, 2017 and a 15%, 5-year compound annual growth rate (CAGR) in their U.S. spine market business.

“2017 was a strategic building year for us,” said Hans Stover, President and Chief Executive Officer, ulrich medical USA. “I am very proud of our performance. We experienced record organic growth in the U.S. spine market in 2017 amidst many of our competitors who reported a flat or declining spine business.”

The company also reported a 22% growth in annual case volume for 2017, and a record 131% growth in case volume for the prior 5-year period.

“We are very appreciative of our growing U.S. market acceptance and we are extremely grateful to our customers for their continued confidence in our company and our implant technologies,” said Erika Laskey, Chief Commercial Officer, ulrich medical USA.

For more information, please visit www.ulrichmedicalusa.com.

About ulrich medical USA, Inc.
ulrich medical USA is a subsidiary of ulrich medical®, an innovative medical technology company headquartered in Ulm, Germany.

Company Contact: e.laskey@ulrichmedicalusa.com

 

SOURCE ulrich medical USA, Inc.

Related Links

http://www.ulrichmedicalusa.com

Tags

Mason Krell

Mason began his career in the Orthopedic Industry in 2017 when he joined The De Angelis Group as a Research Manager. He has developed a strong network within the industry and is very dedicated to helping companies maximize opportunities and disrupt markets.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close
Themed By teapots