Spinal Tech

Mazor Robotics has sold its second Renaissance system to Westside Surgical Hospital in Houston.

Smith & Nephew has agreed to acquire ArthroCare for $1.7 billion or $48.25 per share in cash.

The global medical device market is expected to reach $434.4 billion by 2017, according to a new report released by ReportsnReports.com.

Zimmer Holdings reported year-end net earnings of $761 million, up 0.8 percent from 2012, boosted in part by strong fourth quarter sales.

The orthopedic device market is expected to grow at an annual rate of 4.9 percent from 2013 to 2019 and reach a value of $41.2 billion, according to a Transparency Market Research report.

Mazor Robotics will report its fourth quarter and year-end financial results before U.S. markets open on Tuesday, Feb. 25.

Isador Lieberman, MD, of the Texas Back Institute in Plano has performed 250 spine surgery cases using technology from Mazor Robotics, including the Renaissance robotic surgical system.

The global bone graft and substitutes market is expected to increase from $2.1 billion to $2.7 billion by 2020, a compound annual growth rate of 3.8 percent.

Carlsbad, Calif.-based Aurora Spine sold its 100th ZIP Ultra MIS Interspinous Fusion system in Italy, just four months after the first Italian surgery with the device took place.

The Kiva VCF Treatment System by Santa Clara, Calif.-based Benvenue Medical has received FDA 510(k) clearance for the treatment of spinal fractures.