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The Asia-Pacific orthopedic large joint replacement device market was valued at $2 billion in 2015, according to an iData Research report.
Here are 15 key notes on orthopedic and spine device companies over the past week.
Utica, N.Y.-based CONMED reported its second quarter financial results, ending June 30.
Zimmer Biomet increased the bottom end of its earnings forecast for 2016.
Orthofix received regulatory approval from the Japanese Ministry of Health, Labor and Welfare for its the PHOENIX Minimally Invasive Spinal Fixation System.
The first cases using Smith & Nephew's NAVIO Surgical System to implant the JOURNEY II BCS and CR total knee systems have been completed.
Zimmer Biomet reported second quarter sales increased 65 percent over the same period last year, but the net loss for the quarter was also increased.
Technavio, a global technology research and advisory company, projects the global osteosynthesis devices market will experience steady growth from 2016 to 2026.
Vista, Calif.-based DJO Global reported its financial results for the second quarter, ending July 1.
The FDA cleared Frisco, Texas-based 4WEB Medical's Lateral Spine Truss System.
Cohera Medical, a Raleigh, N.C.-based developer of absorbable surgical adhesives and sealants, named Paul Thomas, MBA, to its board of directors.
Audubon, Pa.-based Globus Medical will acquire Carlsbad, Calif.-based Alphatec Holdings' international device business.
DeGen Medical received FDA clearance for its F1 MPS Modular Pedicle Screw System used in the JOUST Minimally Invasive Surgery procedure.
NuVasive reported financial results for the second quarter of 2016, ended on June 30. The financial report is inclusive of results from Ellipse Technologies and Mega Surgical, as both of those acquisitions were completed in the first quarter 2016.
The global sports medicine devices market is expected to experience strong growth through 2021, according to a Research and Markets report.

16. Ortho Kinematics launches VMA-Align: 4 takeaways

Written by Anuja Vaidya | Wednesday, 27 July 2016 00:00
Ortho Kinematics launched VMA-Align, a new diagnostic module.
Headquartered in Germany, curasan named oral surgeon Gregor Thomas, PhD, medical director.
Zimmer Biomet further embraced value-based care yesterday when the company launched a suite of clinical services and technologies to assist hospitals and medical practices in making the transition.
Medtronic invested in Mazor and the robotic spine technology’s new product, Mazor X. However, the robot is still expensive for providers in a value-based world. In a Seeking Alpha report, Avinash Menon discusses the shift toward features-based pricing.

20. Intellirod Spine raises $1M+ in funding: 5 points

Written by Anuja Vaidya | Tuesday, 26 July 2016 00:00
Intellirod Spine has secured more than $1 million in additional equity financing from new and existing investors.
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