Johnson & Johnson reported orthopedic sales dropped 1.6 percent year-over-year during the second quarter to $2.2 billion. But the company remains excited about technology and robotics for the future, according to Executive Vice President and CFO Joe Wolk and Vice…
Robotics
Dover, Del.-based Bayhealth Hospital, Kent Campus installed Globus Medical's ExcelciusGPS robotic guidance and navigation system for spine surgery, reports Sussex Countian.
NuVasive launched its Pulse system, which is designed to feature multiple technologies to assist surgeons in adopting more efficient and less disruptive surgical methods in spine procedures.
Revenues from Intuitive Surgical's da Vinci system could reach $1.5 billion by 2021, according to a Trefis market research report.
The global orthopedic surgical robots market will be valued at more than $4.1 billion by the end of 2029, according to a Persistence Market Research report.
Fusion Robotics closed a financing round with investments from former NuVasive CEO Alex Lukianov and Kevin Foley, MD.
MiRus, a medical device company focusing on spine and orthopedic devices, acquired a 50,000-square-foot facility to dramatically increase production.
Medtronic, Globus Medical, Zimmer Biomet and NuVasive all have spinal robotic technology either on the market or set to launch later this year.
Smith & Nephew acquired an optical tracking technology company to enhance its robotic platform.
TransEnterix's robot-assisted surgery device, Senhance Surgical System, has been cleared by Japanese regulators.
