Here are 10 key notes on spine and orthopedic device companies:
Spinal Tech
Dominic Kleinhenz, MD, was reportedly the first spine surgeon in Rhode Island to implant the M6-C artificial cervical disc in a patient suffering from cervical disc degeneration.
Johnson & Johnson Medical Device Companies is a significant player in the orthopedic and spine marketplace, holding the No. 1 spot in orthopedics and No. 2 spot in spine.
Medicrea gained FDA clearance for its UNiD IB3D patient-matched interbody cages, the device company announced Feb. 11.
Tenon Medical recently completed the first phase of its clinical trial for the Catamaran sacroiliac joint fixation system.
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Inspan's interspinous fixation device recently demonstrated positive results in a five-year follow-up study of outpatient L4-L5 lumbar interspinous fixation for degenerative spinal stenosis.
Medtronic and its foundation pledged to donate about $1.2 million to international coronavirus relief efforts, the organization announced Feb. 10.
The spine surgery market continues to grow, although revenue leaders Medtronic and Johnson & Johnson both experienced a slight decline in 2019, according to a report from The Spine Market Group.
The FDA cleared 15 spine related devices in January.
The past quarter has been varied for orthopedic and spine companies, with some reporting spine sales down slightly while others had significant growth.