The global spinal implants market is expected to grow at a compound annual growth rate of 5.91 percent between 2016 and 2020, according to a Market Research report.
Spinal Tech
Here are 13 key notes on orthopedic and spine device companies over the past week.
The Spanish National Research Council and its business unit, Marsi Bionics, have patented the first pediatric exoskeleton for patients with spinal muscular atrophy, according to Medical Xpress.
Dallas-based CTL Medical, a developer and manufacturer of spinal implants and instruments, announced its executive management team. The company recently acquired Dallas-based AccelSPINE to enhance its growth strategy.
Congress will consider a proposed bill which would mandate physicians report medical devices' potential risks to the FDA, according to the Wall Street Journal.
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In a recent report, Technavio named the top five leading vendors in the global sports medicine market.
Farmington, Conn-based Avitus Orthopaedics has launched its FDA-cleared Avitus Bone Harvester product.
San Francisco-based The Spine Center at Dignity Health St. Mary's Medical Center completed its 100th spine surgery with the Mazor Renaissance Guidance System.
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Minneapolis-based Medtronic is developing a robotic surgical system which the leading device company anticipates will make a significant contribution to the company's overall revenue in fiscal 2019, according to Reuters.