DJO Surgical and the University of Utah have signed a license agreement that will enable DJO Surgical to develop a percutaneous osseointegrated prosthesis for above-the-knee amputees.
Spinal Tech
NuVasive, a medical device company focused on minimally disruptive surgical products and procedures for the spine, announced revenue of $154.4 million for the second quarter this year, up 16.1 percent from the same period in 2011.
The MEDICREA Group, a company focused on surgical technologies for the treatment of spinal pathologies, recorded sales of 10.8 million euros for the first half of 2012, a 32 percent increase over the same period in 2011.
Orthofix announced net sales of $119.5 million for the second quarter of 2012, representing 2 percent increase over the second quarter of last year.
Integra LifeSciences reported total revenues for the second quarter were $210.2 million, reflecting a 9 percent increase compared to the same period last year.
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The minimally invasive surgical market is expected to grow to $35.5 billion by 2016 at a compound annual growth rate of 8.2 percent, according to a recent analysis by Reportlinker.
MiMedx Group announced revenues of $4.9 million for the second quarter of 2012, a 153 percent increase over the same period in 2011.
Researchers at Clemson University are working to improve implant designs, surgical techniques and patient selection criteria.
The Chinese orthopedic device market grew at a compound annual growth rate of 20.5 percent since 2006, reaching RM8.32 billion by 2011, according to an analysis by Research and Markets.
Here are 11 orthopedic and spine device companies recently experiencing leadership changes.