Alphatec CEO aspires to building 'spine monster' on the heels of strong 2023

Spinal Tech

Alphatec CEO Pat Miles has big expectations for the company after a strong 2023.

The company saw full year revenue of $482 million, up 37% from 2022, according to a Feb. 27 news release. Other highlights for Alphatech's year include expanding its lateral spine platform, launching 15 new products and training more than 500 surgeons.

For 2024, Alphatec is expecting full-year revenue to grow 23% to $595 million.

"The success we've achieved to date is testament: ATEC lateral sophistication, alone, is capable of building a good, profitable company," Mr. Miles said in the release. "But we aspire for much more. We are building a spine monster, and the informatics and procedural innovation that our 100% spine-focused knowhow will unleash in the years ahead will further our mission to truly revolutionize spine care."

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