Moody's expects robotics to continue expanding in orthopedics and spine, according to the firm's Healthcare Quarterly.
Spinal Tech
The Flower Orthopedics FlowerCube® system in first metatarsal phalangeal joint fusions led to a 33 percent reduction in intraoperative time compared to using traditional implants, according to a multicenter, prospective, IRB approved clinical trial.
Rochester, Minn.-based Mayo Clinic and Tempe-based Arizona State University collaborated to launch a medical technology accelerator, which is accepting applications through Feb. 28.
Gramercy Extremity Orthopedics received FDA 10(k) clearance for its bone fragment fixation system GEO Nitinol Staple System.
Bolder Surgical, formerly known as JustRight Surgical, received $27 million in financing.
Medtronic Chairman and CEO Omar Ishrak and Executive Vice President and CFO Karen Parkhill participated in a Q&A at the 37th Annual J.P. Morgan Healthcare Conference in San Francisco, Jan. 7 to 10.
Statista ranked the 10 orthopedic companies with the largest market share in 2017, based on revenue. The company also projected market share through 2024.
Kyocera International will purchase the major assets of Renovis Surgical Technologies' operations related to its artificial joint and spine products.
The global spine surgery robots market is predicted to witness a more than 10 percent compound annual growth rate through 2025, according to a HealthCare Intelligence Markets report.
Medicrea issued its 2018 fourth quarter and full-year financial results.
