The orthopedic prosthetics market is expected to increase at a 5.1 percent compound annual growth rate, topping $3 million by 2028, according to a Future Market Insights report.
Spinal Tech
Smith & Nephew reported a 2 percent revenue increase in the third quarter of 2018.
To further establish itself in the spine market, RTI Surgical plans to acquire Paradigm Spine in an up to $300 million deal.
Maxx Medical is an international orthopedic implant company.
The Advanced Medical Technology Association submitted suggestions to the HHS’ Office of the Inspector General to encourage the medical device industry to fully participate in the shift from fee-for-service to value-based care.
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OrthoPediatrics reported a 27.8 percent year-over-year increase in its 2018 third quarter revenue, reaching $15.8 million.
Amedica changed its corporate name to SINTX Technologies.
Medacta received FDA approval for its GMK Sphere Kinematic Alignment surgical system for total knee replacement.
United Orthopedic Corp. unveiled its United Tri-tapered Short Stem hip stem and an extension of the U-Motion II Acetabular System in the U.S.
RTI Surgical released its 2018 third quarter financial results.