The medical devices sector is typified by frequent change and innovation, in response to problems and issues faced by the healthcare industry. As a result, the sector has seen the emergence of several start-up medtech companies offering disruptive, cutting-edge solutions. Most of these are private companies, where data such as revenue is frequently not disclosed. National estimates for Vertebral Technologies sales in the US from 2016 to 2022, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.

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Vertebral Technologies Inc (VTI) is a medical equipment company that manufactures and develops implantable spinal devices. The company’s products include interfuse, interlink, intercushion and intergraft. It provides proven solution for implanting footprint devices. VTI’s intergraft includes Matrix O and bone matrix in various forms for strips, blocks, crunch and putty. The company’s bone forming offers chondrocytes, osteocytes, bone marrow cells, cartilage and new bone, among others. It provides intergraft products such as matrix 0i strip, dbm putty, matrix oi, dbm crunch, matrix filler, dbm, and others. VTI also offers intercushion motion preservation device. The company’s implantable device is customized through proprietary intra-operative assembly technology. VTI is headquartered in Minneapolis, Minnesota, the US.

The key metrics of Vertebral Technologies related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:

As Vertebral Technologies is a privately held company, it is not required to disclose its financial information and there is no stock listed on an exchange. GlobalData has access to a proprietary data set containing invoice data from over 2,600 healthcare institutions in the US and is therefore able to use estimations of a company’s revenue and growth to value private companies such as Vertebral Technologies.

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GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.