Boston Scientific’s corporate headquarters in Marlborough, Massachusetts, US. Credit: Boston Scientific Corporation / Affiliates.

Boston Scientific has reported net sales of $3.127bn in the fourth quarter (Q4) of 2021, representing a growth of 15.4% on a reported basis, 15.1% on an organic basis and 16.9% on an operational basis.

The net sales for the full year 2021 were $11.888bn, representing a 19.9% and 18.9% increase on a reported basis and organic basis, respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Boston Scientific chairman and CEO Mike Mahoney said: “I’m very pleased with our strong fourth quarter and full-year results, thanks to our team’s commitment and resilience in a challenging environment.

“I’m excited about the capabilities we’ve built, and I remain confident in our ability to execute in 2022 and against our long-range plans as we continue delivering meaningful innovations for patients around the world.”

The company’s MedSurg segment achieved 12.1% reported basis, 13.3% operational basis and 9.4% organic basis growth in net sales, compared to the prior-year period.

The Cardiovascular segment reported a 25.3% and 27% net sales increase on reported basis and operational basis, respectively.

Meanwhile, the Rhythm and Neuro segment achieved a net sales increase of 11.8% on reported basis, 6.1% on organic basis and 13.2% on operational basis.

The company’s recent developments include the start of the MODULAR ATP clinical trial to assess the mCRM Modular Therapy System’s performance, safety and effectiveness.

Meanwhile, the purchase of WOLF Thrombectomy Platform developer Devoro Medical has been concluded.

Boston Scientific also initiated a limited market release of its AXIOS Stent in China. The device allows physicians to endoscopically manage symptomatic pseudocysts and walled-off pancreatic necrosis, the two most serious complications from pancreatitis.

Additionally, the company secured a higher-paying Ambulatory Payment Classification for its Rezūm Water Vapor Therapy from the US Centers for Medicare and Medicaid Services (CMS).