Advertisement

Spinal Tech

Stryker reported a 7 percent sales increase to $1.768 billion and a 1.3 percent sales increase in orthopedic implants, based on higher domestic sales of hips, knees and trauma implants, according to a company news release.

Advertisement

Hanger Orthopedic Group has signed a merger agreement for the $155 million acquisition of Reno, Nev.-based Accelerated Care Plus, a provider of clinical programs for sub-acute and long-term care rehabilitation providers, according to a Hanger news release.

A report from GlobalData estimates that the trauma fixation devices market will grow at a compound annual growth rate of 6 percent between 2009 and 2016 with key players being Stryker Corp., Synthes, DePuy, Smith & Nephew and Zimmer, according…

Advertisement