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Former Spine Sales Rep from Depuy Synthes Arrested for Defrauding Boston Hospital 

June 29, 2023 By SPINEMarketGroup

A former DePuy Synthes (Johnson & Johnson) sales representative was indicted this week for allegedly defrauding a Boston-area hospital. He is accused of having falsely documented invoices sent to the hospital billing department claiming to have sold spinal products more expensive than they bought and in larger quantities. As a result, the hospital was substantially … [Read more...] about Former Spine Sales Rep from Depuy Synthes Arrested for Defrauding Boston Hospital 

How have the Leading Spine companies performed in this First Quarter of 2023?

June 25, 2023 By SPINEMarketGroup

The acquisition of Nuvasive by Globus Medical last February, has undoubtedly been the big news in the first quarter of 2023. This action will change market shares and leadership positions. Another fact to consider is the consequence of the merger of Orthofix with Seaspine, which places them among the top 5 in the world spine market. As we see in chart 1, according to the … [Read more...] about How have the Leading Spine companies performed in this First Quarter of 2023?

NuVasive’s Early Beginnings! The Story told by its Founder!

June 11, 2023 By SPINEMarketGroup

June 2023 by Jim Marino--There are only a few parties who are familiar with the earliest beginnings of NuVasive.  I am one of them, as I was the founder and I gave the company its name.  Initially, the early inventive concepts that germinated NuVasive were developed from my interests in arthroscopy and spine surgery.  I was one of the early resident-trained arthroscopists in … [Read more...] about NuVasive’s Early Beginnings! The Story told by its Founder!

We trust that spine implants are safe…

March 15, 2023 By SPINEMarketGroup

I had five screws implanted in my back at age 13. Then I learned of spinal implants improperly tested. Can we know if medical procedures are safe?It has taken a while, but I’m gradually getting used to the fact that I will live the rest of my life with a medical device in my back.Three years ago, I received a spinal implant. It’s composed of a titanium rod, to which five screws … [Read more...] about We trust that spine implants are safe…

Why are Sales Reps a key piece in the success of the Globus and Nuvasive merger?

February 17, 2023 By SPINEMarketGroup

One of the reasons why acquisitions and mergers in the spinal market are complex is because of the great importance of the sales network in the success of those operations. Those of you who do not know this business will probably doubt it. But the reality is that the differentiation between the products of the big companies is currently scarce. It is good salespeople with their … [Read more...] about Why are Sales Reps a key piece in the success of the Globus and Nuvasive merger?

After some days…, What is our take on the merger Globus-Nuvasive?

February 15, 2023 By SPINEMarketGroup

As we said a few days ago, it is a brave move by Globus but necessary. As a spine-focused company with an ambition to lead the market, they had no choice but to acquire a company. We believe they have done the right thing. Globus could have bought a smaller one like Zimvie, Seaspine, or ATEC. However, they chose to go big. If you want to lead, take risks and make a strong and … [Read more...] about After some days…, What is our take on the merger Globus-Nuvasive?

About Globus Medical: History and Milestones!

February 15, 2023 By SPINEMarketGroup

The history of Globus is exciting if we take into account that in 20 years it has positioned itself as the leader in such a competitive and complicated market as Spine. Without a doubt, this success story is that of David Paul, a visionary and entrepreneurial genius. … [Read more...] about About Globus Medical: History and Milestones!

Was the Globus Medical merge with Nuvasive an expensive deal?

February 14, 2023 By SPINEMarketGroup

About Globus Medical Globus Medical is a leading musculoskeletal solutions company based in Audubon, PA. The company was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders. Additional information can be accessed … [Read more...] about Was the Globus Medical merge with Nuvasive an expensive deal?

What differentiated products does Nuvasive bring to Globus Medical?

February 12, 2023 By SPINEMarketGroup

These days we have talked about the acquisition of Nuvasive by Globus Medical in terms of market and increase in shares and leadership position. However, we have not yet discussed the increase in the product portfolio in a more specific way.  What is Nuvasive going to bring to Globus in terms of products?  It will mainly provide complementary TECHNOLOGY to the … [Read more...] about What differentiated products does Nuvasive bring to Globus Medical?

How will market shares and the Status Quo change in the Spine market?

February 11, 2023 By SPINEMarketGroup

We are still shocked by the news of the acquisition of Nuvasive by Globus medical. It is undoubtedly a milestone in the world of the Spine. It will certainly put more pressure on its competitors! A few hours Kevin Lobo posted on Linkedin about the Q Guidance System.He wrote: "Digital healthcare is a priority at Stryker because These technologies support clinicians throughout … [Read more...] about How will market shares and the Status Quo change in the Spine market?

Globus Medical slide continues after a raft of downgrades post NuVasive deal

February 10, 2023 By SPINEMarketGroup

Feb. 10, 2023 (Seeking Alpha)-- Globus Medical fell 3.4% on Friday after plunging 18% on Thursday after the announcement of an all-stock acquisition of NuVasive, prompting a slew of Wall Street downgrades. NuVasive dropped 3.8%. Globus (NYSE:GMED) was downgraded to hold at Needham, Loop, Piper Sandler, Truist, Wells Fargo, Canaccord and BTIG … [Read more...] about Globus Medical slide continues after a raft of downgrades post NuVasive deal

Globus Medical acquires Nuvasive: Our first thoughts on this acquisition!

February 10, 2023 By SPINEMarketGroup

Recently, we published an article where we predicted that Globus could make an acquisition shortly. However, we could not imagine that it would be so fast and even less than the acquired company could be Nuvasive after the failed negotiations a year ago. First thoughts on this acquisition However, we congratulate Globus on that move. If you want to lead, you have to … [Read more...] about Globus Medical acquires Nuvasive: Our first thoughts on this acquisition!

5 French Company Logos that you will probably never see again…!

January 15, 2023 By SPINEMarketGroup

Around 400 companies compete in the global spine market. Over the years, we have seen mergers, acquisitions, and companies no longer in the market. Some time ago, we already did two articles about companies that had disappeared and were quite popular (5 company logos that you will probably never see again and 5 more company logos that you will probably never see … [Read more...] about 5 French Company Logos that you will probably never see again…!

What is our estimate of Spine’s market shares by the end of 2022?

January 6, 2023 By SPINEMarketGroup

First, we want to take the opportunity to wish you the best in this new year and thank you for following us! Today we are providing an estimate of the market shares at the end of 2022. We highlight that now this is only our estimations. Soon as the results of the complete 2022 come out, we will update this information with the official data. After these considerations, … [Read more...] about What is our estimate of Spine’s market shares by the end of 2022?

Orthofix and SeaSpine Announce Completion of Merger of Equals to Create a Leading Global Spine and Orthopedics Company

January 5, 2023 By SPINEMarketGroup

LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix Medical Inc. (NASDAQ: OFIX) and SeaSpine Holdings Corporation today announced the successful completion of their previously announced merger of equals following the approval of each company’s stockholders at respective special meetings of stockholders held today. Of votes cast, 99% of SeaSpine common shares were voted in … [Read more...] about Orthofix and SeaSpine Announce Completion of Merger of Equals to Create a Leading Global Spine and Orthopedics Company

Which Spine products have been launched in 2022?

December 24, 2022 By SPINEMarketGroup

It is noteworthy that the large companies that dominate the Spine world market as Medtronic, Johnson&Johnson, Nuvasive, Stryker, and Globus Medical, have not made any launches in 2022 (at least as far as we know). More than a third (35%) have been by Seaspine followed by other companies such as Accelus, Camber Spine, Choicespine, NG Medical, 4WEB, Xenco Medical, Spinal … [Read more...] about Which Spine products have been launched in 2022?

(Updated 2022):What have been the Acquisitions and Strategic Alliances made in 2022 in the Spine Market?

December 23, 2022 By SPINEMarketGroup

In recent years, we have seen an increase in acquisitions in the spine market. At the beginning of this year, we saw Neurostructures bought by Incite Innovations and we thought it would be a year with many acquisitions. However, it has been the opposite. As of December, only three spine companies have been acquired (Orthofix and Seaspine not included since it is a merger of … [Read more...] about (Updated 2022):What have been the Acquisitions and Strategic Alliances made in 2022 in the Spine Market?

Pedicle Screw Insertion: Why take Unnecessary Risks when the Technology already exists? 

December 4, 2022 By SPINEMarketGroup

In 1984, Airbus launched the A320, the first commercial jet to use a digital fly-by-wire control system. At its introduction, fly-by-wire and flight envelope protection was a new experience for many pilots. Until then, the pilot was in charge of handling the controls using all the instruments and levers. Now, fly-by-wire computers acted by stabilizing the aircraft adjusting the … [Read more...] about Pedicle Screw Insertion: Why take Unnecessary Risks when the Technology already exists? 

How are the Top Spine Companies performing in 2022 so far?

December 3, 2022 By SPINEMarketGroup

Most companies have already published their nine months results (Q1+Q2+Q3). Which companies are growing in 2022? What have we seen in Q1,Q2,Q3 2022? The spine leading companies (Medtronic, Johnson&Johnson, Nuvasive, Stryker, Globus Medical, Zimvie, Seaspine, and ATEC Spine) have grown by 1,5%.Of the leading companies, Medtronic, Nuvasive, Globus Medical, Seaspine, and … [Read more...] about How are the Top Spine Companies performing in 2022 so far?

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