Spinal Tech

Here are seven updates from spine and orthopedic device companies from the last week:

Zimmer Biomet posted $1.8 billion in net sales and $246 million in spine and dental sales in the first quarter. The company has its eyes on new product launches as part of its growth plan this year.

Genesis Software Innovations received 510(k) clearance from the FDA for its PreView Shoulder software for joint replacements.

Globus Medical reported $227.3 million in first-quarter global spine sales, a year-over-year increase of 19.3 percent, with U.S. spine sales rising 22 percent to $193.3 million.

Smith+Nephew launched Aria, a platform for remote physical therapy.

Zimmer Biomet posted $1.8 billion in net sales in the first quarter of 2021 and expects to see up to 17 percent revenue growth this year.

Devicemaker SeaSpine posted $42 million in first quarter revenue, a 16 percent increase compared to the same period in 2020.

Sacropelvic device company SI-Bone reported May 3 that first-quarter revenue increased 22 percent year over year to $20.4 million.

Although Smith+Nephew's overall first quarter revenue has grown since the same period in 2019, orthopedic revenue is still catching up to pre-pandemic figures.

CMS has proposed extending new technology add-on payments for technologies that would otherwise be discontinued in fiscal year 2022.