Orthopaedic Industry News & Orthopaedic Company News | Orthogate Professionals

Here are three key points:

1. The market is expected to grow at a compound annual growth rate of 4.84 percent though 2020.

2. Dominant market players include Luxembourg-based ArcelorMittal, Dublin, Ireland-based Ardagh Group, Broomfield, Colo.-based Ball Corp., Hermitage, Pa.-based CCL Containers and Crown.

3. Neurostimulation devices will continue to grow in popularity as an alternative therapy for chronic pain.

More articles on devices:
Where NuVasive will focus in the future — Alignment, radiation reduction and more

Here are five highlights:

1. The company saw a more than 100 percent revenue growth for the device compared to the same period in 2015.

2. David Elkaim, Expanding Orthopedics' vice president of sales and marketing, noted more U.S. surgeons adopted the FLXfit to perform transforaminal lumbar interbody fusion.

3. Mr. Elkaim said this sales growth is likely due to the increasing popularity of expandable cages for open and minimally invasive surgery techniques.

4. The FLXfit features in-situ lordosis restoration to mold to a patient's anatomy.

Here are five things to know:

1. Mr. Curhan is equipped with more than three decades of experience in the medical and information technology fields.

2. He previously served as CFO for several public and private companies.

3. A founder of San Francisco-based Merriman Curhan Ford, Mr. Curhan served as the investment bank's president.

4. Providence Medical develops cervical spine fusion products, including instruments, intervertebral cages, orthopedic bone screws and allograft bone.

5. In December 2016, Providence Medical closed a $10.5 million equity financing round.

Whether they pump out parts themselves or contract with on-demand services, business demand for 3D printed objects will push the market to more than twice the size of what it is today.

IDC's just-released forecast predicts that worldwide spending on 3D printers, along with the associated software, materials and services, will reach $28.9 billion in 2020, compared to an estimated $13.2 billion in 2016. That lofty figure represents a compound annual growth rate (CAGR) of 22.3 percent over the five-year forecast period.

Unsurprisingly, the discrete manufacturing industry will be firmly in control of the market, responsible for more than two thirds of revenues for the foreseeable future.

Cleveland, Ohio – Just a few hours west from Cleveland, Ohio, the drive to Fort Wayne, Indiana, led me past working farms and wind farms until crossing into Northeast Indiana, and that’s where my trip to learn about the region’s bustling medical manufacturing sector began.

Eleven counties make up the Northeast Indiana Regional Partnership – Adams, Allen, DeKalb, Huntington, Kosciukso, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley – where medical device manufacturing is large. Located in this multi-county region is “The Orthopedic Capital,” Warsaw, Indiana, which is recognized for its concentration of OEMs and contract manufacturers focused on the production of implants, from hips and knees to screws, plates, and more.

Dec 31, 2016 | By Tess

While 2016 might have been a trying year in many ways, one of the major silver linings has been the amazing advancements in technology, perhaps most notably in additive manufacturing. As necessary as it is to look back on the past year, however, it is also important—not to mention exciting—to look forward to 2017, which holds the promise of even more amazing innovations and AM advancements. As is customary at the end of the year, research and advisory firm Gartner has released its predictions for 2017 and, in the field of 3D printing, they look pretty positive.

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