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1. J&J, SI-BONE, Medtronic & more: 10 key notes

Written by Anuja Vaidya | Friday, 26 August 2016 00:00
Here are 10 key notes on orthopedic and spine device companies over the past week.
A Research and Markets report found the global wearable health sensors market will likely grow at a compound annual growth rate of 42.89 percent between 2014 and 2020.
The global orthopedic implants market is set to hit $6.2 billion by 2024, based on a Grand View Research report.
Medtronic Chairman and CEO Omar Ishrak commented on the company's first quarter fiscal year 2017 results, according to Memphis Business Journal.
The American Joint Replacement Registry has more than 500,000 hip and knee replacement procedures in its system.
The FDA granted 42 orthopedic- and spine-related device clearances in July.
Medtronic reported a slight decrease in first quarter revenue for the 2017 fiscal year, which ended July 29, 2016.
Hewatt McGraw Sims, MD, of Coffee Regional Medical Center in Douglas, Ga., collaborated with Amendia to develop the Syzygy Stabilization System for spondylolisthesis patients, according to The Douglas Enterprise.
Medical device manufacturers will pay the FDA about $1 billion in user fees starting 2018 through 2022, according to HealthcareDIVE.
Dallas-based CTL Medical entered a General Services Administration partnership with Firehouse Medical.
The global hip and knee reconstruction market is expected to grow in emerging economies in Brazil, India and China, according to a GlobalData report.

12. Dr. Mohit Kaushal joins CitiusTech board: 4 takeaways

Written by Eric Oliver | Thursday, 25 August 2016 00:00
Mohit Kaushal, MD, recently was appointed to CitiusTech's board of directors. Here's what you should know.
Robotic technology is gaining traction in the spine surgery field, allowing surgeons to pre-plan and customize procedures to fit an individual's anatomy.
Researchers published the two-year results from San Jose, Calif.-based SI-BONE's INSITE study comparing the iFuse Implant System to non-surgical management for sacroiliac joint dysfunction.
RNR Market Research released an analysis of the global spinal fixation industry between 2016 and 2021, according to WhaTech.
The FDA and device companies, through three trade associations, came to an agreement that will increase the user fees paid to the FDA to nearly $1 billion, according to a Politico report.
India-based Apollo Hospitals Hyderabad's surgeons have performed spine surgeries using Caesarea, Israel-based Mazor Robotics' technology, according to Money Control.
Oral-maxillofacial surgeons attending the Taiwan Association of Maxillofacial Surgeons Forum on Contemporary Facial Skeletal Surgery seemed intrigued by Farmingdale, N.Y.-based Misonix's BoneScalpel, according to pharmiweb.com.
Johnson & Johnson could beat out Apple and Google’s parent company Alphabet as the first $1 trillion company, according to a Motley Fool report.
Medical device companies are in the midst of a mass cycle of innovation as they adapt to value-based model pricing, MDDI reports.
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