Centinel Spine® prodisc® Total Disc Replacement Grows 38% in Full-year 2024, Setting New Revenue Record in Fourth Quarter

Document full-year 2024 professionaldisc® Whole Disc Alternative (TDR) income of over $95 million in gross sales, up 38% over prior yr.
Full-year 2024 professionaldisc TDR gross sales broke data in each U.S. and Worldwide markets, in addition to in every product section. U.S. prodisc TDR gross sales elevated 41% and Worldwide gross sales grew 24% year-over-year (YOY). World professionaldisc Cervical gross sales grew 39% and professionaldisc Lumbar grew 35% YOY.
Document fourth-quarter 2024 professionaldisc TDR income of practically $30 million, up 47% YOY.
Sturdy world income progress and operational execution, each within the fourth quarter and all through 2024, resulted in file constructive EBITDA efficiency.¹

WEST CHESTER, Pa., Jan. 23, 2025 /PRNewswire/ — Centinel Backbone®, LLC (“the Firm”), the main world medical gadget firm centered completely on treating cervical and lumbar spinal illness with probably the most full and clinically-proven complete disc substitute (TDR) know-how platform on the earth (professionaldisc®), as we speak introduced achievement of file fourth quarter and full-year 2024 enterprise outcomes, positioning the Firm for continued accelerated progress in 2025.

Centinel Backbone continues as one of many main progress corporations within the spine trade² and is devoted completely to complete disc substitute, one of many quickest rising segments in orthopedic implants. The Firm stays well-positioned from a profitability perspective, attaining file EBITDA constructive efficiency within the fourth-quarter and full-year 2024.¹

Fourth Quarter 2024 Highlights

Document worldwide professionaldisc TDR income of practically $30 million, representing 47% year-over-year (YOY) progress.
Document worldwide professionaldisc Cervical income of virtually $17 million, a 38% YOY improve, and professionaldisc Lumbar income of practically $13 million, up 62% YOY.
Document U.S. professionaldisc TDR income of over $25 million, up 52% YOY.
Worldwide professionaldisc TDR income of $4.6 million, up 27% YOY.

Full-Yr 2024 Highlights

Document worldwide professionaldisc TDR income of over $95 million, a 38% YOY improve.
Document worldwide professionaldisc Cervical income of over $59 million, up 39% YOY.
Document worldwide professionaldisc Lumbar income of practically $36 million, up 35% YOY.
Document U.S. professionaldisc TDR income of practically $77 million, up 41% YOY.
Document U.S. professionaldisc complete surgeon user-base of over 1,100 surgeons, a 44% YOY improve.
Over 1,000 U.S. healthcare amenities used professionaldisc, a YOY improve of 28%.
Document Worldwide professionaldisc TDR income of over $18 million, representing progress of 24% YOY.

Highlights on the New Match-the-Disc™ professionaldisc Cervical TDR System

Over 9,000 procedures accomplished with the brand new system within the U.S. by the top of 2024, after restricted launch in Q3 2022.
The brand new system drove a 46% improve in full-year 2024 U.S. professionaldisc Cervical income.
Added a mean of over 100 new surgeon customers per quarter to the Match-the-Disc system in 2024, rising the entire variety of surgeons utilizing the brand new professionaldisc Cervical system to over 900.
Sturdy majority of latest surgeon customers got here from aggressive conversions and stay repeat customers.

Key 2024 Highlights Positioning the Firm for Accelerated Development in 2025

New surgeon-user progress:
Added a file 665 new professionaldisc customers within the U.S. in 2024, a 90% YOY improve.
Launch of professionaldisc C Nova Cervical TDR product:
With the restricted launch of the professionaldisc C Nova know-how in October 2024, Centinel Backbone now provides 4 distinct anatomic merchandise within the Match-the-Disc professionaldisc Cervical TDR System.
Lengthy-term lumbar TDR publications:
Extra information with constructive long-term implant survivorship continues to be printed, together with one of many largest evaluated cohorts of sufferers present process lumbar TDR, demonstrating sturdy long-term scientific success and lifespan of the professionaldisc L Lumbar TDR system.³
Strengthening lumbar TDR reimbursement:
With extra favorable U.S. payor protection selections all through 2024, affected person entry to the professionaldisc L Lumbar TDR system continues to broaden—with one-level reaching practically common protection and two-level protection now over 35%.⁴
Rising affected person demand for TDR options:
As public consciousness of the potential advantages of motion-preserving options builds, demand for the TDR process is predicted to be more and more pushed on the affected person degree. Primarily based on inside affected person search information from the Firm, sufferers searching for TDR surgical care elevated by practically 70% in 2024 over 2023.⁵
Medical Schooling driving expanded surgeon TDR utilization:
The Firm educated over 800 surgeons in 2024 by its well-established world Medical Schooling program.
Provide chain enlargement:
The Firm expanded and strengthened long-term world provide chain partnerships, considerably rising professionaldisc implant manufacturing capability all year long.

Centinel Backbone CEO Steve Murray provides, “The Centinel Backbone crew achieved data in all points of our world enterprise in 2024. We’re completely dedicated to complete disc substitute, with the objective of changing into the clear world chief on this fast-growing section of the spine market. The professionaldisc know-how not solely provides the advantages of our “Match-the-Disc” innovation, it’s coupled with the longest demonstrated historical past of scientific success in disc substitute. We’re all-in on complete disc substitute and well-positioned for continued success in 2025 and past.”

2024 adjusted EBITDA is predicated on unaudited financials.
Primarily based on publicly obtainable data.
Marnay, Thierry P.; Geneste, Guillaume Y.; Edgard-Rosa, Gregory W.; Grau-Ortiz, Martin M.; Hirsch, Caroline C.; Negre, Georges G. Medical Outcomes After 1 and 2-Stage Lumbar Whole Disc Arthroplasty: 1,187 Sufferers with 7 to 21-Yr Comply with-up. November 22, 2024. J Bone Joint Surg Am. 2024;00:1-13. http://dx.doi.org/10.2106/JBJS.23.00735
Information on file, estimate primarily based on mixed constructive and impartial insurance policies.
Information on File, primarily based on Centinel Backbone Surgeon Locator search information in 2024 vs 2023.

About Centinel Backbone, LLC

Centinel Backbone®, LLC is the main world medical gadget firm completely centered on addressing cervical and lumbar spinal illness with professionaldisc®, probably the most full complete disc substitute (TDR) know-how platform on the earth.

The Firm’s professionaldisc know-how is probably the most studied and clinically-proven TDR system throughout the globe, validated by over 540 printed papers and greater than 275,000 implantations. Centinel Backbone’s professionaldisc is the one TDR know-how with a number of motion-preserving anatomic options, permitting the surgeon to Match-the-Disc^™ to every affected person’s anatomy for each cervical and lumbar complete disc substitute.

For extra data, please go to the corporate’s web site at www.CentinelSpine.com or contact:

Varun Gandhi
Chief Monetary Officer
900 Airport Highway, Suite 3B
West Chester, PA 19380
Telephone: 484-887-8871
Electronic mail: v.gandhi@centinelspine.com

SOURCE Centinel Backbone, LLC