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Surgical Instruments Company Increase Revenue For 2012

May 16th 2012 at 6:23 AM

The world is currently undergoing what is known to be an economic turmoil. So many companies are now declaring bankruptcy or removing so many employees from their pay-rolls, causing so much anxiety and fear among workers who are in danger of losing their jobs. Amidst all these financial crises and job disputes, it is comforting to know that some companies are still keeping their heads above water in the economic fall-out, thereby making their employees a bit more secure about their own jobs.

Misonix, Inc. is a company that falls under this category. Misonix is one of the companies in the cosmetic surgery scene that have pioneered the latest surgical and instrumental innovations in the field of medicine. The company is known to produce instrumentation related to cranio-facial surgery, therapeutic-ultrasonic devices, spinal surgery, neurosurgery, and more popularly, aesthetic surgery. The sudden rise in revenue may not come as a surprise, given that the frequency by which Americans are availing of plastic surgery procedures has dramatically increased since a decade ago. Most recently, according to data acquisitions done by the American Society of Plastic Surgeons or ASPS, 2011 alone has shown a marked increase in the number of Americans getting cosmetic enhancements. This number has been estimated to around 14 million people, which was already 5% more than the number of patients from 2010. This steady increase in patients that plastic surgeons are seeing is carrying over to 2012, which is why Misonix has cashed in the industry quite overwhelmingly.

The third quarter of the fiscal year 2012 saw Misonix increase its sales by a total of 14.5% or $3.6 million income. The nine-month period saw revenues increase by as much as 20.6% as compared to the same period during the year 2011. The two most lucrative subsidiaries of Misonix – BoneScalpel and SonaStar – both saw good years as they both saw increases in the third quarter by 124% and 30.8%, respectively, as well as their nine-month period revenues by 96.8% and 55.7%, respectively.

President and CEO of Misonix, Michael A. McManus Jr., said that he is happy that even though most of the population is experiencing financial crises, people working in the company have good job security thanks to the fiscal turnout of 2012. He also adds that it is through the increasing trust formed by consumers in the surgical operating room that BoneScalpel and SonaStar products are selling so well. He believes that this trust and confidence in his products were formed simply because Misonix instruments are reliable, robust, accurate, and most importantly for him, efficient.

Even though the entire world is going through a lot of financial problems right now, it is nice to know that even a few companies still exist to give consumers quality products that they can put 100% of their trust into. Confidence and self-esteem of employees, especially the ones who got removed from their current jobs, may be at an all-time low; it is good that quality cosmetic surgery instruments are still on the market that can ensure them that their confidence in themselves, at least physically, can be fully restored. The mere fact that Misonix, and probably other surgical devices companies, is enjoying a year of bounty proves that aesthetic surgery is being turned to by more and more people to at least relieve themselves of the stresses that come with job pressure or job hunting. It is not a myth that employers tend to hire applicants who look decent, at the very least physically, and more people nowadays are catching on to this trend rely on plastic surgery even more to help catalyze their charge onto a more prosperous life.

 

NOTE : This Article Is originally posted by cosmeticsurgerynews.

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