6. Conformis
R&D spending: $16,869,000
Percentage of revenues: 18.8%
2019 overall revenue ranking: 91
Conformis has focused its research and development efforts on developing customized knee and hip implants.
Its research and development activities included new product development, enhancement of existing products and software, improvements to its iFit technology platform to increase production efficiency and decrease production time and advancements of its iFit technology platform to cater to a larger customer base.
