The global spinal cord stimulation devices market will grow at a 5.7 compound annual growth rate through 2021, according to an iHealthcareAnalyst report.
Spinal Tech
Joimax reported a record revenue in the third quarter of 2017.
Stryker showcased its 3-D Tritanium C Anterior Cervical Cage at the Congress of Neurological Surgeons annual meeting. The company plans to launch the fusion device next quarter.
NuVasive filed a lawsuit against former President, COO and Vice Chairman Patrick Miles for breach of fiduciary duties and contract violation after the executive resigned from the company to become Alphatec's executive chairman.
Implanet reported third quarter revenue grew 20 percent year-over-year.
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Here are five device company mergers, acquisitions and agreements.
Mainstay Medical appointed Jason Hannon to its board of directors, effective immediately.
Synaptive Medical launched its Modus V.
AxioMed closed its first round of funding, with its anticipated second round already securing $10 million in pledges.
Mazor Robotics received 22 system purchase orders in the second quarter, including 19 for the Mazor X system; Medtronic made 11 of those purchases. The company deepened its relationship with Medtronic over the quarter and expects revenue to continue growing.