Bullboard - Stock Discussion Forum Treace Medical Concepts Inc TMCI

Healthcare Medical Devices

Treace Medical Concepts, Inc. is a medical technology company. The Company is focused on advancing the standard of care for the surgical management of bunion and related midfoot deformities. It has patented the Lapiplasty 3D Bunion Correction System a combination of instruments, implants, and surgical methods designed to surgically correct all three planes of the bunion deformity and secure the... see more

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Treace Medical Concepts Inc > TREACE MEDICAL: HELPING BUNION PATIENTS “STEP” AHEAD

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Post by AviseAnalytics on Oct 05, 2023 9:05am

TREACE MEDICAL: HELPING BUNION PATIENTS “STEP” AHEAD

 			$TMCI
 			 
 			Excited to share an article about Treace Medical Concepts, Inc. (NasdaqGS: TMCI), a medical technology company that is revolutionizing the surgical treatment of hallux valgus, commonly known as bunions, through its Lapiplasty® 3D Bunion Correction™ Procedure.
 			 
 			Treace has been experiencing an exponential increase in revenue over the last few quarters. In Q2 FY23, the company recorded revenues of $42 million, a 40% increase compared to last year. For FY22, the revenue was $141.8 million, representing a 50% YoY increase.
 			 
 			This growth trend is expected to continue in the future. Treace's proprietary Lapiplasty System is minimally invasive with a low risk of recurrence, making it superior to existing treatment options. This presents an opportunity for Treace to capture a significant share of the $5+ billion market opportunity.
 			 
 			Read on to know more:
 			https://www.aviseanalytics.com/treace-medical-helping-bunion-patients-step-ahead