Here are four orthopedic and spine device companies that recently launched or released devices:
Spinal Tech
Integra LifeSciences posted $395.1 million in reported revenue for the fourth quarter, an increase of 3.1 percent year-over-year.
In 2015, Zimmer Biomet was established through the merger of Zimmer and Biomet. Two years later, the company appointed Bryan Hanson as president and CEO.
The spinal implants and surgery devices market is expected to hit $13.8 billion by 2025, according to a report published by MarketsandMarkets.
NuVasive posted $310.4 million in total revenue for the fourth quarter, an increase of 7.6 percent year over year.
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Globus Medical reported an 8 percent sales increase in the fourth quarter of 2019, and an even larger increase for the full year.
Genesys Spine on Feb. 20 launched its Sacroiliac Joint Fusion System for lateral and posterior approaches to sacroiliitis.
Smith+Nephew reported single-digit revenue growth for both the fourth quarter and full year of 2019.
Here are seven key notes on spine and orthopedic device companies:
Wright Medical is launching a system to aid in hallux valgus correction surgery.