ZimVie is the current leader in the U.S. spine artificial disc replacement market with respect to its overall revenue and units sold, according to a report from consulting and market research firm iData Research.
Spinal Tech
Here are eight key developments from spine and orthopedic medtech companies since Nov. 22:
Ulrich Medical's Momentum minimally invasive spine system was used in its first case, the devicemaker said Feb. 14.
Centinel Spine reached the 500th case with prodisc C Vivo and prodisc C SK, the devicemaker said Feb. 14.
The global surgical robot market has hit $3 billion and is expected to grow in the next decade, especially in othopedics and neurosurgery, according to a report from Bain & Company.
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The year kicked off with a splashy merger between spine medtech companies, and another key acquisition is on the horizon.
Globus Medical's shares fell 18 percent following news that it is acquiring NuVasive, valuing the spine devicemaker at $3.1 billion, Seeking Alpha reported Feb. 9.
Elon Musk's brain implant company, Neuralink, is under investigation over allegations it unsafely packaged and transported materials with infectious pathogens at research facilities at the University of California Davis.
Carlsbad, Calif.-based Spinal Elements named Ron Lloyd as president and CEO.
Globus Medical is buying spine devicemaker NuVasive, valuing it at $3.1 billion.