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How JNJ’s Orthopedic Medical Devices Performed in 4Q17 and 2017

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Hip medical devices revenue trends

In 4Q17, Johnson & Johnson’s (JNJ) hip medical devices business generated revenue of $364 million, which reflected a rise of ~4.0% on a YoY (year-over-year) basis.

In 4Q17, in the US market and international markets, hip medical devices reported revenues of $215 million and $149 million, respectively, compared to $208 million and $142 million, respectively, in 4Q16.

In 2017, JNJ’s hip medical devices business reported revenue of $1.4 billion, a rise of ~2.4% YoY.

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Knee medical devices revenue trends

In 4Q17, the knee medical devices business generated revenue of $397 million, a rise of ~0.5% YoY. In 4Q17, in the US and international markets, knee medical devices generated revenues of $246 million and $151 million, respectively, compared to $247 million and $148 million, respectively, in 4Q16.

In 2017, in the US market and international markets, knee medical devices reported revenue of $1.5 billion, a fall of ~0.1% on a YoY basis.

Trauma medical devices revenue trends

In 4Q17, JNJ’s trauma medical devices business reported revenue of $669 million, a rise of ~2.3% on a YoY basis. In 4Q17, in the US and international markets, trauma medical devices reported revenues of $397 million and $272 million, respectively, compared to $394 million and $260 million, respectively, in 4Q16.

In 2017, the trauma medical devices business reported revenue of $2.6 billion, which reflected a ~1.8% rise YoY.

Spine medical devices revenue trends

In 4Q17, JNJ’s spine medical devices business generated revenue of $909 million, a fall of ~8% YoY. In 4Q17, in the US and international markets, spine medical devices generated revenues of $513 million and $378 million, respectively, compared to $573 million and $415 million, respectively, in 4Q16.

In 2017, JNJ’s spine medical devices business reported revenue of $3.7 billion, a ~4% fall YoY.

Johnson & Johnson’s orthopedic medical devices peer Medtronic (MDT) reported revenue of $7.0 billion in its fiscal 2Q18. In 2017, JNJ’s medical devices peers Smith & Nephew (SNN) and Boston Scientific (BSX) reported revenues of $4.7 billion and $9.0 billion, respectively.

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