The global hip and knee orthopedic surgical implants market is expected to top $12 billion by 2021, according to WiseGuyReports.
Spinal Tech
As healthcare technology becomes increasingly interconnected, surgeons have new opportunities to reduce hospital readmissions and improve the quality of patient care.
Here are the top 10 device companies in the global spine surgery product market, according to a Trusted Business Insights report.
Medtronic reported flat first quarter revenue at $7.3 billion and a slight increase in spine revenue to $652 million.
Medtronic reported a slight decrease in overall fiscal year 2019 first quarter revenue with a small increase in spine revenue, but CEO Omar Ishrak remains optimistic about the future.
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DePuy Synthes, a Johnson & Johnson company, reported $2.2 billion in sales for the second quarter of 2018.
Xtant Medical appointed Kathie Lenzen CFO.
A federal appeals court decision last week will prolong the tax accounting dispute between Medtronic and the IRS, which is already more than a decade old, according to a Star Tribune report.
ProPublica's "Dollars for Docs" dataset tracks payments device companies made to physicians between August 2013 and December 2016. The data was last updated June 28, 2018.
SPR Therapeutics earned FDA clearance for its Sprint endura and extensa Peripheral Nerve Stimulation Systems.