The worldwide spinal implant and devices market is expected to reach $15.05 billion in value in 2027, according to an Allied Market Research report published Oct. 20 by Medgadget.
Spinal Tech
Here's how Medtronic, Stryker and Johnson & Johnson's shares have fluctuated over the last five days.
Metro Health in Wyoming, Mich., installed Augmedics' Xvision Spine System to offer augmented reality spine surgery, the system announced.
Kalamazoo, Mich.-based medical device company Stryker introduced ProCuity, the industry's first completely wireless hospital bed, in an Oct. 19 press release.
Medtronic has released positive 12-month results from a clinical trial comparing its DTM spinal cord stimulation system to conventional spinal cord stimulation therapy with its Intellis system for the treatment of back pain.
Spine device companies SeaSpine and Implanet recently received FDA clearance for the Mariner Cap System, designed to address complex adult deformities.
Private investment firm VSS Capital Partners made a growth investment in orthopedic practice management platform Podiatry Growth Partners.
Here are seven key notes on orthopedic and spine device companies from the past week:
South Jordan, Utah-based Merit Medical Systems has agreed to pay $18 million to resolve kickback allegations, according to an Oct. 14 statement from the Department of Justice.
David Skarda, MD, is leading the development of an artificial intelligence-driven surgical care process meant to improve outcomes and lower costs for total knee replacement patients at Salt Lake City-based Intermountain Healthcare, Fox 13 Salt Lake City reported Oct. 12.
