The Food and Drug Administration granted 31 spine- and orthopedic-related medical device clearances in July.
Here are 15 recent news updates for orthopedic and spine device companies.
Smith & Nephew reported revenue of $1 million for the second quarter of 2013, a 3 percent increase on an underlying basis over the same period last year.
MAKO Surgical reported a 19 percent increase in revenue for the second quarter of 2013 over the same period last year.
Symmetry Medical reported $101.9 million in revenue for the second quarter of 2013 and net income of $1.2 million.
Innovation and constant advancement dominate the medical device industry due to the changing healthcare landscape and patient demand for high quality outcomes. Many of the advances in the medical device industry will come from revolutionary biomaterials that help enable the function of the devices. The impact of these novel biomaterials will be particularly significant to orthopedic implant devices.