SPINEMarketGroup

Spine Industry News

2013-2019

U.S.Market: Spine Companies to Follow: Part III

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According to iData Research, the global spine market is valued at over $14.4 billion USD and is projected to approach $18 billion by 2023. The largest among the regions is undoubtedly the U.S. market, valued at $7.7 billion in 2017. The US TOP PLAYERS The 10 top spine players in the US market are the following: […]

Surgical Implant Maker Xenco Medical Deploys First Interactive Vending Machines Designed for Spine Surgery Instruments and Implants

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SAN DIEGO–(BUSINESS WIRE)–Surgical implant maker Xenco Medical has announced the launch of the first interactive vending machines designed for spine surgery instruments and implants. Xenco Medical has launched the interactive vending machines to house, track, and dispense its breakthrough, entirely disposable spine surgery implant and instrument systems, which are engineered from a highly durable composite […]

Medtronic will no longer offer Responsive Orthopedics Implants

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Medtronic shuts division aimed at offering lower-cost orthopedic knee replacement implants, manufactured by Responsive Orthopedics, a startup it acquired in 2016 that had aimed to disrupt the market with lower-cost artificial joints and a bundled payment model. Minneapolis-based Responsive, described by Medtronic as a project being worked on by a small team, will be shut […]

U.S.Market: Spine Companies to Follow: Part II

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According to iData Research, the global spine market is valued at over $14.4 billion USD and is projected to approach $18 billion by 2023. The largest among the regions is undoubtedly the U.S. market, valued at $7.7 billion in 2017. The US TOP PLAYERS The 10 top spine players in the US market are the […]

Medtronic Enters Into Definitive Agreement to Acquire Titan Spine

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DUBLIN – May 9, 2019 – Medtronic plc (NYSE:MDT), a global leader in medical technology, today announced that it has entered into a definitive agreement pursuant to which it will acquire Titan Spine, a privately-held titanium spine interbody implant and surface technology company. The boards of directors of both companies have unanimously approved the transaction. […]

Boston Scientific Announces Agreement To Acquire Vertiflex, Inc.

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MARLBOROUGH, Mass., May 9, 2019 /PRNewswire/ — Boston Scientific (NYSE: BSX) today announced that it has entered into a definitive agreement to acquire Vertiflex, Inc., a privately-held company which has developed and commercialized the Superion® Indirect Decompression System, a minimally-invasive device used to improve physical function and reduce pain in patients with lumbar spinal stenosis […]

7 Signs That You Need To Fire Your Outside Product Development Firm

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By Lawrence Binder–Chairman at Binder Biomedical, Inc. So, you finally got your medical device project started but you just can’t seem to cross the finish line. From failing prototypes, failing mechanical tests, going over budget, to slipping timelines… your medical device development firm is failing you. If you are an OEM, you start to wonder […]

U.S.Market: Spine Companies to Follow: Part I

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According to iData Research, the global spine market is valued at over $14.4 billion USD and is projected to approach $18 billion by 2023. The largest among the regions is undoubtedly the U.S. market, valued at $7.7 billion in 2017. The US TOP PLAYERS The 10 top spine players in the US market are the […]

NuVasive Straightens Up to Start 2019

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Dan Caplinger, The Motley Fool May 2, 2019–NuVasive (NASDAQ: NUVA) has been at the forefront of medical advancements in surgical procedures. With its focus on surgery to treat spinal conditions, NuVasive’s minimally disruptive surgical platform and accessories have played a key role in driving more effective treatment options for patients suffering from these health conditions. […]

Top 5 Mistakes Medical Device Inventors Make When They Have A New Idea

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By Lawrence Binder/Chairman at Binder Biomedical, Inc. (linkedin.com)–The hardest part of developing a new idea is getting started. But getting started without considering this list could cause major project setbacks. Contact me to discuss how I can help navigate the complicated product development cycle and bring your new idea to life. List Below: Hiring an […]

The Best Bosses Are Humble Bosses

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After decades of screening potential leaders for charm and charisma, some employers are realizing they’ve been missing one of the most important traits of all: humility. In an era when hubris is rewarded on social media and in business and politics, researchers and employment experts say turning the limelight on humble people might yield better […]

We are proud and happy to announce that SPINEART is again Sponsor of SPINEMarketGroup in 2018!

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Thank you SPINEART!  On behalf of TheSPINEMarketGroup team, we would like to thank you for your PLATINUM Sponsorship and for your support this year 2018. About Spineart Spineart is a privately held medical device company focused on simplifying the surgical act by designing, developing and promoting safe and efficient solutions to spine surgeons, operating room […]

We are proud and happy to announce that MAROX Corporation is again Sponsor of SPINEMarketGroup in 2018!

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Thank you MAROX!  On behalf of TheSPINEMarketGroup team, we would like to thank you for your PLATINUM Sponsorship and for your support this year 2018. About Marox Corporation Since 1951, Marox Corporation has established a reputation as a reliable source for high-quality precision-machined components and assemblies.   Focused on spine, orthopedic and extremity implants, Marox uses extensive […]

We are proud, and happy to announce that In´Tech Medical and Pyxidis are Sponsors of SPINEMarketGroup in 2018!

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Thank you In’Tech Medical and Pyxidis. On behalf of TheSPINEMarketGroup team, we would like to thank you for your PLATINUM Sponsorships and for your support this year 2018. About In’Tech Medical Founded in France in 2000, In’Tech Medical is a global leader in orthopedic contract-manufacturing. With facilities across America, Europe and Asia-Pacific, In’Tech Medical is now […]

RTI Surgical Announces Acquisition of Zyga Technology, Inc.

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ALACHUA, Fla.–(BUSINESS WIRE)–RTI Surgical, Inc. (Nasdaq: RTIX), a global surgical implant company, today signed an agreement to acquire Zyga Technology, Inc., with closing subject to filing with the state of Delaware. Zyga Technology is a leading spine-focused medical device company that develops and produces innovative minimally invasive devices to treat underserved conditions of the lumbar […]

Scientists create spinal disc from mulberry silk

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(deccanherald.com)–An Indo-US team of scientists has created an artificial inter-vertebral disc from mulberry silk. Because of its abilities to accurately mimic the human disc that acts as a soft cushion between two vertebra, the artificial biodisc has the potential to replace the metallic or ceramic or collagen-based discs that neuro-surgeons use at the moment to […]

How Medical Device Companies Can Strategically Sell to Customers

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(January 2016 Medical Device Business )- Economic pressures on the health system have been mounting for years, pushed by demographics, shrinking reimbursements, increasingly expensive therapies, and, ultimately, payer consolidation and reforms. Hospitals are the fulcrum and the pinch point for these pressures. Medtech companies no longer can afford to focus on clinical benefits without seeking other avenues […]

Globus Medical Announces Litigation Settlement Agreement

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AUDUBON, Pa., Jan. 19, 2016 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal implant manufacturer, today announced DePuy Synthes Products, Inc., DePuy Synthes Sales, Inc. and Globus Medical, Inc. have settled four patent infringement lawsuits concerning spinal implant technologies. The terms of the settlement have not been disclosed but were to the parties’ […]

Spine Surgery: A Tale of Greed and Corruption

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All too often, where there’s substantial money to be made, greed and corruption inevitably follow. Such appears to be the case in the world of spine surgery, with the Department of Justice recently releasing the latest details regarding “Operation Spinal Cap,” an ongoing federal investigation into an alleged series of kickback schemes that generated an estimated […]

Thank you very much to NORM as PLATINUM Sponsor 2016 to SPINEMarketNews

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Thank you very much to NORM  for their PLATINUM sponsorship 2016 to SPINEMarketNews.com. NORM Tıbbi Ürünler İth. İhr. San. Ve Tic. Ltd. Şti. has been established by Adem UYANIK in 2006 where headquaters are located in Ankara with a branch located in Istanbul. Adem UYANIK, who has undertaken activities in medical sector in 1990 established MEDIKON […]