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Spinal Tech

Smith & Nephew stock prices have been up nearly 25 percent this year, solidifying the orthopedic implant maker's economic recovery and leading the way to further hip and knee market growth, according to a report in The Wall Street Journal.

Blue M Medical, a manufacturer of custom medical devices, announced that the company will soon launch its operations in Columbia City, Ind., according to an Inside INdiana Business report.

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The orthopedic devices market is expected to reach $19.2 billion by 2016 at a compound annual growth rate of 5.8 percent from 2011 to 2016, according to report released by MarketsandMarkets, a market research and consulting company.

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