Based in Frisco, TX, 4WEB Medical is an implant device company founded by President and CEO Jessee Hunt in 2008. Thirty years of research in topological dimension theory led to the discovery of a novel geometry, the “4WEB”, which could be used as a building block to create high-strength, lightweight web structures. Mr. Hunt took advantage of this breakthrough, along with cutting-edge 3D printing technology, to develop the 4WEB Medical proprietary implant platform.The 4WEB geometry optimizes multidisciplinary engineering principles such as truss design, load transfer and adjacent material reaction to produce orthopedic implants that actively participate in the healing process. The company’s truss designs are built to provide superior strength and promote osseous incorporation, guiding bone formation through structural mechanics rather than through the use of expensive biologics.4WEB’s initial focus was on the spine implant market but it soon became clear the 4WEB truss implant technology could be used as a broad platform to develop an array of products across the entire orthopedic arena. The designs can be applied to any orthopedic procedure requiring structural support where the patient will benefit from optimal porosity and osseous incorporation. The 4WEB product portfolio offers comprehensive surgical solutions to neurosurgeons, orthopedic spine surgeons, and foot and ankle surgeons. http://4webmedical.com
About the Spinal Market
The Spinal implants and spinal devices market, by technology, includes spinal fusion and fixation, vertebral compression fracture treatment, and motion preservation/non-fusion technologies. On the basis of products, the global spinal implants and spinal devices market is divided into six major segments, namely, thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, motion preservation/non-fusion treatment devices, and spine bone stimulators. Bases on the type of surgery, the global spinal implants and spinal devices market is divided into two segments, namely, open surgery and minimally invasive surgery. The spinal decompression devices market, by type of procedure, covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures.
The Spinal market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. As of 2015, North America is estimated to hold the largest share of the global spinal implants and spinal devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 8.2% from 2015 to 2020. A number of factors, including rising healthcare expenditure in developing nations owing to growing income levels, increasing government funding, presence of a large patient population, rising obesity cases, and growing awareness on the newly developed spine treatment techniques and devices are propelling the growth of the spinal implants and spinal devices market in the Asia-Pacific region. However, challenges associated with this market, such as scarcity of expertise and trained healthcare workers and lack of adequate patient awareness restricts the market growth in this region.Source: marketsandmarkets.coM