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Spinal Tech

The global orthopedic market grew by 6.3% in 2023 to $59 billion as lost or deferred surgeries during the pandemic returned to the funnel and boosted orthopedic procedure volumes beyond historical norms — a tailwind that is expected to last…

At the end of 2022, medtech company Medtronic announced plans to spin off its combined patient monitoring and respiratory interventions businesses into a combined company. 

Several spine implants and medtech products earned FDA approvals and breakthrough designations in the first half of 2024.

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Neurosurgeons with Hackensack-based New Jersey Brain and Spine completed the state's first procedures with Augmedics' xvision system in December, the practice said in a July 8 news release.

SpineCraft and Spartan Medical inked a strategic partnership to provide medical devices to the Department of Veterans Affairs, Department of Defense, civilian hospitals, and ASCs.

Medtronic has had a tumultuous year, facing chief executive resignations, layoffs and shuttered facilities. 

ZimVie, the former spine spinoff of Zimmer Biomet, is reportedly weighing options for a potential sale, Bloomberg reported June 25.

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