Here are seven key notes on orthopedic and spine device companies from the past week.
Spinal Tech
The global wearable medical devices market will likely grow at a compound annual growth rate of 9.46 percent between 2017 and 2021, based on a MarketStudyReport.com analysis, according to medGadget.
The global orthopedic surgical navigation systems market is set to grow at a compound annual growth rate of 7.21 percent between 2017 and 2021, based on a MarketResearchNest analysis, according to medGadget.
The government of India plans capped the price of knee implants, according to The Indian Express.
Globus Medical received FDA clearance for its Excelsius GPS.
Medtronic acquired Covidien for around $49.9 billion in 2015 and the combined company became Medtronic plc. However, some stockholders took issue with the transaction.
The FDA granted 33 orthopedic and spine devices 510(k) clearance in July.
The global next generation implants market is set to hit $3.9 billion by 2023, according to a BIS Research analysis.
CMS proposed a rule to cancel cardiac and expanded joint replacement bundled payment models on Aug. 14 and a second rule to reduce the number of mandatory geographic areas reporting in the Comprehensive Care for Joint Replacement model on Aug.…
Stryker Spine received FDA clearance for the Serrato Pedicle Screw, which surgeons use in non-cervical procedures with the Xia 3 Spinal System.
