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Latest orthopaedic industry news on orthopaedic companies, devices, implants & technology trends.
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Dallas, TX -- (ReleaseWire) -- 11/29/2016 --The global spinal implants and spinal devices market is expected to reach over USD 19.54 billion by 2024 according to a new report by Grand View Research, Inc.
The key drivers of the market include the rising number of spinal injuries, increasing trend in the adoption of sedentary lifestyles, postural defects stemming from bad posture habits at work and while driving, and a large number of people suffering from obesity. In addition to the above, the introduction of the image-based spinal navigation technology, the evolution of titanium biologics, and the ongoing research on the genetically modified bone morphogenetic proteins are also expected to positively reinforce the market growth.
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LONDON, Nov. 28, 2016 /PRNewswire/ -- 3D printed medical devices are state-of-the-art medical devices that involve a process of developing three dimensional solid objects from a digital model. Patient specific treatment is the main advantage of 3D printing technology in the healthcare industry. In the domain of healthcare, 3D printing technology is used to develop medical devices such as dental implants, orthopaedic implants, prosthetics, and hearing aids. Furthermore, hospitals and academic institutes use 3D printing technology to develop various models for training purposes. 3D printed medical devices considered in the report typically use technologies such as stereolithography (SLA), selective layer sintering (SLS), digital light processing (DLP), fused deposition modelling (FDM), polyjet / inkjet 3D printing, and electronic beam melting (EBM).
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November 28, 2016 - By Dolores Ford
Ronda Stryker Insider Sell
The director of Stryker Corp, Ronda Stryker a few days ago got almost $1,352,716 USD for 12,000 shares in the Stryker Corp firm at an approx. $112.7 per every share. She also sold 114,000 shares valued at $12,910,550 USD in the last month. At the moment, Ronda Stryker has rights to a total of 23.99 million shares or 6.39% of the company’s market cap (total dollar market value of all company’s outstanding shares).
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Dublin, Ireland-based Medtronicreported worldwide revenue of $7.3 billion in the second quarter of 2017, ended Oct. 28, 2016.
The FDA cleared Belgrade, Mont.-based Xtant Medical's Xsert Lumbar Expandable Interbody System.
Salt Lake City-based Amedica Corp. named Dana Lyons its new vice president of sales and marketing.
Kalamazoo, Mich.-based Strykerbeat industry analysts and reported $1.39 earnings per share in the third quarter, an 11.2 percent year-over-year improvement.
Warsaw, Ind.-based Zimmer Biomet introduced its Comprehensive Vault Reconstruction System.
Atlanta-based Vertera Spine received an award for its COHERE Cervical Interbody Fusion Device.
Lyon-Ecully, France-based Spineway's capital increased nearly $1.49 million on Nov.
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- By avaidya@beckershealthcare.com (Anuja Vaidya)
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Caesarea, Israel-based Mazor Robotics launched Mazor X commercially in October 2016.
Leesburg, Va.-based K2M introduced its CASCADIA Interbody Systems to the U.S. market.
Dallas-based Pinnacle Spine Group launched its InFill V2 Lateral Interbody Device.
West Chester, Pa.-based DePuy Synthes introduced its new visualization system, the KICK System with FluoroExpress Software Module.
DePuy Synthes' spine division recently launched its ZERO-P NATURAL plate that supports bone growth and stability during spinal fusion procedures in the neck.
Warsaw, Ind.
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- By mwood@beckershealthcare.com (Megan Wood)
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Here are five highlights:
1. A titanium expandable interbody device, the Xsert System expands in-situ.
2. Xtant offers the system in different size and lordotic angulations to complement various patient anatomies.
3. Intended for use at one or two contiguous levels, the system is designed to ease insertion techniques as well as provide implant height adjustability.
4. The Xsert System is cleared for use with autograft or allograft bone graft.
5. Xtant is planning an initial product launch in mid-2017.
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Frank Obels, CEO, INCONET - Informationssysteme, Communication und Netzwerkberatung GmbH
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- By eoliver@beckershealthcare.com (Eric Oliver)
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Here is what you need to know.
1. He coupled the devices with the "less exposure surgery" technique, which uses an approach to address problems without causing collateral damage. The technique claims to be less invasive than MIS.
2. Dr. Ani said SpineFrontier's cage and plate combination was the safest and most efficient way to stabilize his patient's spine.
3. The minimally invasive surgery allows patients to return home hours after surgery, and return to work two to three weeks later.
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- By mrechtoris@beckershealthcare.com (Mary Rechtoris)
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Here are three takeaways:
1. This is the 14th U.S. patent the company has obtained thus far.
2. EOI is a medical device company that creates and markets spinal surgery devices.
3. Mark M. Levy, MD, an orthopedic surgeon, chief technology officer and founder of EOI, said the patent specifically refers to the cage's multiple design segments with its "articulation mechanism and the unique angular expansion for dial-in lordosis correction, conforming to the patient's anatomy and level treated.
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