Stryker finalized its Novadaq Technologies acquisition for $701 million. They announced plans to purchased Novadaq Technologies in June.
Spinal Tech
The global surgical navigation systems market is predicted to grow at a 6.5% CAGR and reach $906.8 million by 2021, according to medGadget.
Medtronic will enter into the next phase of its strategic partnership with Mazor Robotics, making a third investment in the company.
MicroPort Orthopedics launched its Procotyl Prime Acetabular Cup System for hip replacement surgery.
Anika Therapeutics, a global orthopedic medicines company, elected Steven Chartier to vice president of regulatory and clinical affairs.
Medtronic CEO Omar Ishrak received $15.7 million in compensation for the 2017 fiscal year, according to a Reuters report.
InVivo Therapeutics eliminated 13 positions in a quest to focus attention on the Inspire Study and earn an FDA humanitarian device exemption for the Neuro-Spinal Scaffold.
NuVasive to expand global headquarters by 100k square feet, adding an innovation center: 5 key notes
NuVasive plans to expand its San Diego-based headquarters and add an innovation center to the facility.
The global powered surgical instruments market is predicted to exceed $2.6 billion at a 4.1 percent CAGR by 2022, according to Finance Wire.
The global orthopedic devices market is set to grow at a compound annual growth rate of 7.38 percent between 2017 and 2023, according to a Research and Markets report.
