Company: OFIX
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000950170-25-026066
Chunk: 251

Company: Orthofix Medical Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1B
Chunk 251
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 devices to hospitals, healthcare providers, and patients, in the U.S. Spinal Implants, Biologics, and Enabling Technologies comprises (i) a broad portfolio of spine fixation and motion preservation implant products used in surgical procedures of the spine, (ii) one of the most comprehensive biologics portfolios in both the demineralized bone matrix and cellular allograft market segments, and (iii) image-guided surgical solutions to facilitate degenerative, minimally invasive, and complex surgical procedures. Spinal Implants, Biologics, and Enabling Technologies products 

F-29

are sold through a network of distributors and sales representatives to hospitals and healthcare providers on a global basis for Spinal Implants and Enabling Technologies, and primarily within the U.S. for Biologics.Global OrthopedicsThe Global Orthopedics reporting segment offers products and solutions for limb deformity correction and complex limb reconstruction with a focus on use in trauma, adult and pediatric limb reconstruction, and foot and ankle procedures. This reporting segment specializes in the design, development, and marketing of external and internal fixation orthopedic products that are coupled with enabling digital technologies to serve the complete patient treatment pathway. We sell these products through a global network of distributors and sales representatives to hospitals, healthcare organizations, and healthcare providers.The table below presents net sales by major product category by reporting segment: 

        Year Ended December 31,

        2024

        2023

        2022

        (U.S. Dollars, in thousands)
         
        Net Sales

        Percent ofTotal NetSales

        Net Sales

        Percent ofTotal NetSales

        Net Sales

        Percent ofTotal NetSales

        Bone Growth Therapies
         
        $
        233,405

        29.2
        %
         
        $
        212,530

        28.5
        %
         
        $
        187,247

        40.7
        %

        Spinal Implants, Biologics, and Enabling Technologies

        441,909

        55.3
        %

        418,789

        56.1
        %

        165,927

        36.0
        %

        Global Spine

        675,314

        84.5
        %

        631,319

        84.6
        %

        353,174

        76.7
        %