Industry News

Latest orthopaedic industry news on orthopaedic companies, devices, implants & technology trends.

PUNE, India, Nov. 4, 2016 /PRNewswire-iReach/ -- Global Healthcare OEM Manufacturers Market Report: Overview Photo - http://photos.prnewswire.com/prnh/20161104/436305LOGO The global medical device industry has experienced significant growth in the last few years and is expected that the growth will be continue with a CAGR of more than 6% during the forecasted period. The medical device industry is comprised of surgical, cardiovascular, home healthcare, general medical and other devices. This is one of the prime factors for the growth of Original Equipment market in Healthcare industries. OEM or Original equipment Manufacturer is a company that makes a part or subsystem that is used in another company's end product.

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November 4, 2016 The Energy Department's National Renewable Energy Laboratory (NREL) last night received three R&D 100 Awards, an honor presented by R&D Magazine and considered to be the Oscars of innovation. The prize in the Mechanical/Materials category was awarded to the EcoSnap-AC Heat Pump System created by Chuck Booten and Jon Winkler from NREL's Advanced Residential Buildings research group. The award in the Analytical/Test category went to the Battery Internal Short-Circuit Device developed by Matthew Keyser and Ahmad Pesaran from NREL's Energy Storage research group. "We are honored to receive this prestigious award with our collaborators at NASA," said Keyser.

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Here are three observations: 1. A main market driver includes the increased adoption of surface-modified titanium in fixation systems. 2. An increase in outsourcing activities by original equipment manufacturers will serve as a barrier to market growth. 3. Globus Medical, Johnson & Johnson, Medtronic, NuVasive, Stryker and Zimmer Biomet represent key market players. More articles on devices: Medovex reports DenerveX System living tissue population test results: 6 key points Wright Medical Group settles metal-on-metal hip litigation for $240M: 5 things to know US spine implants market to grow at CAGR of 5.29% through 2020: 4 observations

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Pune, Maharashtra -- (SBWIRE) -- 11/04/2016 -- Firstly, Foot Devices market report 2016 provides a basic summary of the Foot Devices market definitions, Foot Devices industry classifications, applications and Foot Devices industry chain structure. Foot Devices Market analysis is provides global Foot Devices market development history, Foot Devices industry competitive landscape analysis on Foot Devices Market scenario. Major Key Players Analysis - in Foot Devices market: 1. Arthrex 2. Stryker 3. Wright Medical 4. Aap Implantate 5. Acumed 6. Biomet 7. BioPro 8. Mondeal Medical Systems 9. Orthofix 10. Smith & Nephew 11. Tornier 12. Vilex 13. Zimmer Do Inquiry before buying "Worldwide Foot Devices Market" report here: https://market.biz/report/global-foot-devices-market-2016/21482/#inquiry

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Tweet Zacks Investment Research cut shares of Exactech Inc. (NASDAQ:EXAC) from a hold rating to a sell rating in a report released on Thursday morning. According to Zacks, “Exactech, Inc. develops, manufactures, markets and distributes and sells orthopedic implant devices, related surgical instrumentation and biologic services to hospitals and physicians in the United States and internationally. Its principal products include its knee and hip replacement systems. Exactech, Inc. is headquartered in Gainesville, Florida. “ Exactech (NASDAQ:EXAC) traded up 3.97% during midday trading on Thursday, reaching $23.55.

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Implant manufacturer receives Health Canada Medical Device License on minimally invasive implant for spinal surgery Overland Park, Kan. (PRWEB) October 26, 2016 Spinal Simplicity, a medical device company based in Overland Park, Kan., that develops innovative solutions to treat complex surgical problems recently announced that it has received a Health Canada Medical Device License for its Minuteman® G3 and HA G3 spinal implants. Todd Moseley, Co-Founder and CEO of Spinal Simplicity, stated “I am pleased to announce that our flagship products, the Minuteman G3 MIS Fusion Plate and the HA Minuteman G3 MIS Fusion Plate, have received a Class 3 license from Health Canada.

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BETHLEHEM, Pa., Oct. 26, 2016 /PRNewswire/ -- Tyber Medical, a privately held company focused on developing innovative medical devices for private label opportunities and advancing the science of bioengineered surfaces, announces the full commercial launch of their lateral access system, 2nd Generation lateral PEEK/titanium composite interbody and lateral plating system. Logo - http://photos.prnewswire.com/prnh/20160824/400930LOGO Tyber Medical is excited to announce the launch of a comprehensive and cohesive lateral system. The Tyber Medical lateral access retractor, which is critical to a successful procedure, utilizes a popular 3 blade design and capitalizes on current levels of surgeon training and expertise. The approach and disc preparatory instruments are heavy on surgeon input, were designed for multiple levels including the difficult to access L4/L5, and have been tested against the best in the field.

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DUBLIN--()--Research and Markets has announced the addition of the "Global Hearing Aid Market (Devices & Cochlear Implants): Industry Analysis & Outlook (2016-2020)" report to their offering. Hearing aid market is an emerging healthcare market due to introduction of various innovations and dynamics. Hearing aid helps the people to increase their hearing capability who are suffering from loss of hearing. The hearing aids are sold through multiple channels such as company-owned stores, hearing aid clinics, big box retailers, and through government agencies. The global hearing aid market is segmented into hearing aid, implants and diagnostics.

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Medical devices industry and trade have been thriving in India with no regulatory control for a very long time despite the demand for these products has been steadily growing over the years. The main beneficiary of this industrial environment continues to be the multinational companies who dominate 80 per cent of the domestic market on their own terms. Although these are life saving products as medicines, the government never thought of bringing any quality monitoring and price control on these products for a long time leading to free marketing of these products at very high prices. The first initiative to bring a control on these products was 6 years ago, when the government classified 14 medical devices like cardiac stents, drug eluting stents, orthopaedic implants, etc.

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MDBR Staff WriterPublished 26 October 2016 Pinnacle Spine Group has introduced its InFill V2 lateral interbody device for use in lumbar spinal fusion surgeries. The new lateral interbody device features single graft chamber and load-bearing surface area, which enables to restore and maintain disc height and facilitates the formation of a fusion column. The V2 lateral implants include an expanded size matrix and wide range of lordotic options. Pinnacle Spine president Zach Sowell said: "Science has shown that in many unilateral posterior lumbar interbody fusion procedures, less than 50 percent of the disc area is actually grafted. "Creating a greater opportunity to fill the biologic void is exactly why we developed the only patented Interbody Fusion System designed to deliver optimized graft-to-endplate contact.

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