The global orthopedic trauma devices market is expected to reach $9.4 billion by 2020, growing at a 7.2 percent compound annual growth rate, according to a Persistence Market Research report.
Spinal Tech
Here are 15 key notes from orthopedic and spine device companies in the past week.
Panther Orthopedics' PUMA System was successfully used in an orthopedic fixation procedure.
Medtronic was among the Minnesota-based companies to land spots on Drunker Institute's Management Top 250 list, according to the Minneapolis/St. Paul Business Journal.
Spineology added Bob Paulson and Phil Soran to its board of directors.
Nexxt Spine received FDA 510(k) clearance for its Saxxony Posterior Cervical Thoracic System.
Camber Spine is a spine technology company.
Astura Medical received FDA 510(k) clearance for its spinal fixation system, according to FDA News.
Minimally invasive surgical device company SI-Bone closed its initial public offering of 8.28 million shares of common stock in October.
Medtronic CEO Omar Ishrak traveled to Israel, along with other senior executives, days after the company announced it would acquire its third Israel-based company, according to Globes. But this may not be the last of the acquisitions in the region.
