Six orthopedic and spine surgeons and industry members discuss the current state of surgeon relationships with device companies and what might be in store for the future.
Spinal Tech
Medtronic leads the bone graft substitute market with 44 percent market share of the $1.9 billion market, according to a report from Global Pipeline Analysis.
Carticept Medical, a medical device company focused on solutions for cartilage injuries and osteoarthritis, received FDA 510(k) clearance for its Navigator Delivery System, according to a company news release.
GraMedica, a global orthopedic device company, recently released the Osteo-Wedge Open Wedge Bone Locking System for patients suffering from bunions, according to a company news release.
The spinal implant market is expected to fall flat over the next few years despite the increase in the demographic that could benefit from spine surgery, according to a report from Millennium Research Group.
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DJO Global has introduced the Turon Modular Shoulder System for shoulder joint replacement surgery, according to a company news release.
In the second quarter of 2011, Stryker reported $2.05 billion in net sales, a 12 percent increase over last year, according to a company news release.
Wright Medical Group recently shared product overviews for foot and ankle innovations, including the PROPHECY INBONE total ankle system, at the American Orthopaedic Foot and Ankle Society meeting in Keystone, Colo., according to a company news release.
DePuy Orthopaedics reported $1.4 million in worldwide sales during the second quarter of 2011, a slight increase from the $1.3 million reported for the second quarter of 2010, according to a news release from DePuy's parent company Johnson & Johnson.
Wright Medical Group has entered into a supply and distribution agreement with ArthroCare to distribute devices associated with soft tissue fixation of the foot and ankle, according to a Wright Medical news release.