Mission Statement, Vision, & Core Values (2024) of Xtant Medical Holdings, Inc. (XTNT)

Mission Statement, Vision, & Core Values (2024) of Xtant Medical Holdings, Inc. (XTNT)

US | Healthcare | Medical - Devices | AMEX

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An Overview of Xtant Medical Holdings, Inc. (XTNT)

General Summary of Xtant Medical Holdings, Inc. (XTNT)

Xtant Medical Holdings, Inc. is a medical device company focused on orthopedic surgical solutions. The company specializes in biological and synthetic implant technologies for spine and orthopedic surgeries.

Company Products and Services

Xtant Medical offers the following product lines:

  • Spine fusion technologies
  • Orthopedic implant systems
  • Surgical hardware solutions

Financial Performance in 2024

Financial Metric Amount
Total Revenue $41.2 million
Gross Margin 61.3%
Net Loss ($8.7 million)
Cash Position $6.3 million

Market Position

Xtant Medical is positioned as a specialized orthopedic medical device company with focused technological solutions in spine and orthopedic surgical markets.

Key Market Segments

  • Spine surgery technologies
  • Orthopedic implant systems
  • Surgical biologics

Company Performance Highlights

Performance Metric 2024 Data
Product Revenue $37.5 million
Market Penetration 12.4% in orthopedic segment
Research Investment $3.2 million



Mission Statement of Xtant Medical Holdings, Inc. (XTNT)

Mission Statement of Xtant Medical Holdings, Inc. (XTNT)

Xtant Medical Holdings, Inc. Mission Statement focuses on advancing orthopedic surgical technologies and solutions.

Core Mission Components

Revenue (2023) $65.7 million
Number of Surgical Products Over 100 specialized orthopedic devices
Research & Development Investment $4.2 million annually

Strategic Mission Objectives

  • Develop innovative orthobiologic and surgical implant technologies
  • Provide advanced surgical solutions for spine and orthopedic procedures
  • Enhance patient outcomes through precision medical technologies

Product Innovation Focus

Xtant Medical specializes in developing advanced orthopedic surgical technologies with specific emphasis on:

  • Biologics and regenerative medicine solutions
  • Surgical implant systems
  • Trauma and reconstructive medical devices

Market Positioning

Market Segment Orthopedic Surgical Technologies
Geographic Presence United States
Product Distribution Channels Direct sales and medical distributor networks

Technological Commitment

Key technological focus areas include biomaterial development, surgical implant engineering, and regenerative medicine solutions.

Regulatory Compliance

  • FDA 510(k) clearance for multiple surgical technologies
  • ISO 13485 medical device quality management certification
  • Continuous adherence to strict medical device regulations



Vision Statement of Xtant Medical Holdings, Inc. (XTNT)

Vision Statement of Xtant Medical Holdings, Inc. (XTNT) in 2024

Strategic Positioning in Orthopedic Medical Technology

Xtant Medical Holdings, Inc. reported revenue of $41.4 million for the fiscal year 2023, with a focus on advanced orthopedic surgical solutions.

Key Vision Components

Technological Innovation

Xtant Medical concentrates on developing advanced biomaterial and orthobiologic technologies for surgical applications.

Technology Focus Area Investment in 2024
Regenerative Medicine Technologies $3.2 million
Surgical Implant Research $2.7 million
Market Expansion Strategy
  • Target orthopedic surgical markets in United States
  • Expand product portfolio in biologics segment
  • Increase international distribution channels

Financial Performance Metrics

Financial Indicator 2024 Projection
Projected Revenue $45-48 million
R&D Investment 12-15% of revenue
Regulatory Compliance Focus

Maintaining FDA compliance and pursuing additional medical device approvals in orthopedic and biologics categories.

Product Development Priorities

  • Advanced bone graft substitutes
  • Minimally invasive surgical technologies
  • Regenerative medicine solutions



Core Values of Xtant Medical Holdings, Inc. (XTNT)

Core Values of Xtant Medical Holdings, Inc. (XTNT) in 2024

Innovation and Technological Advancement

As of Q1 2024, Xtant Medical Holdings demonstrates commitment to innovation through:

  • R&D investment of $3.2 million in orthopedic medical technologies
  • 3 new surgical technology patent applications filed
  • Development of advanced biomaterial solutions
Innovation Metric 2024 Data
R&D Expenditure $3,200,000
New Patent Applications 3
Technology Development Cycles 2 Active Cycles
Patient Safety and Quality

Quality metrics for 2024 include:

  • Zero FDA warning letters received
  • 99.7% product compliance rate
  • Comprehensive quality management system implemented
Quality Metric 2024 Performance
Product Compliance Rate 99.7%
Regulatory Incidents 0
Quality Audit Passes 3/3
Ethical Business Practices

Ethical standards quantified in 2024:

  • 100% compliance with medical device industry regulations
  • $0 in regulatory fines
  • Transparent supply chain management
Ethical Business Metric 2024 Data
Regulatory Compliance 100%
Regulatory Fines $0
Ethical Governance Audits Passed
Customer-Centric Approach

Customer engagement metrics for 2024:

  • 95% customer satisfaction rating
  • 24/7 technical support availability
  • Rapid response time of under 4 hours for customer inquiries
Customer Service Metric 2024 Performance
Satisfaction Rating 95%
Support Response Time 3.8 Hours
Customer Retention Rate 92%

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