SI-BONE Inc at 39th Annual J.P. Morgan Healthcare Conference (Virtual) Transcript
Good afternoon, and welcome to today's session at the JPMorgan Healthcare Conference with SI-BONE. My name is Jonathan Pham from JPMorgan's Healthcare Investment Banking team, and it is my great pleasure to introduce you to Jeff Dunn, President and CEO; as well as Laura Francis, CFO and CEO -- COO of SI-BONE to kick things off.
Thanks, Jonathan, and thanks, everyone, for attending. I'd like to just jump right into the slides. We'll skip by the safe harbor statement, and I am now on the third slide, starting with transforming and leading the sacropelvic space.
We are addressing a very large market in the sacroiliac joint, which is the largest joint in one's body. It is responsible for about 20% of all lower back pain, and the market is about 279,000 potential procedures per year. We started the company about 13 years ago. We are less than 10% market penetrated, mostly because it took quite a number of years to get through the reimbursement. And now we're in a terrific place, and I'll
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