Johnson & Johnson reported 1.1 percent worldwide growth in the orthopedics segment for the first quarter of 2018, but believes the line will grow as the year goes on, according to the earnings call as posted in Seeking Alpha.
Spinal Tech
India revealed plans to implement a price cap on medical devices last year and the U.S. plans to review import benefits as a result, according to The Wire.
In the first quarter of 2017, Johnson & Johnson reported their orthopedics business, DePuy Synthes, had a slight 1.1 percent growth over the same period last year.
Ceterix Orthopaedics' NovoStitch Pro Meniscal Repair System earned FDA 510(k) clearance.
The global spinal fusion devices market was worth nearly $7.5 billion in 2016, based on a Coherent Market Insights report, according to Healthcare News.
Richard Moore, MD, a surgeon in Boise, Idaho, performed the first case using Zimmer Biomet's Persona Trabecular Metal Tibia March 20.
Here are 12 orthopedic and spine device companies who completed funding rounds in the last year.
The medical technology landscape is changing, with orthopedic and spine device companies growing, developing new technologies and partnering for unique innovations.
Venture capital firms are investing in healthcare organizations across the country.
Safe Orthopaedics has sold more than 10,000 of its SteriSpine surgical kits.
