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Is Being a Doctor a Job, or a Calling? The Generational Divide Reshaping Medicine

November 5, 2024 By SPINEMarketGroup

A few days ago, The Wall Street Journal published an article quoting a 63-year-old surgeon who noted that the younger generation tends to view medicine as a job rather than a vocation. This perspective, he argued, highlights a shift in values as society changes over time. Today, we explore this theme, examining how these evolving viewpoints reflect broader trends in … [Read more...] about Is Being a Doctor a Job, or a Calling? The Generational Divide Reshaping Medicine

A New Era in Hospital Procurement of Spine Implants (I): Value-Based Purchasing—Could It Work? Exploring the Advantages and Challenges Ahead

November 3, 2024 By SPINEMarketGroup

The landscape of purchasing models for spine devices in hospitals is evolving, with an increasing emphasis on cost efficiency, regulatory compliance, and patient outcomes. As healthcare continues to shift towards value-based care, hospitals are exploring various models to optimize their procurement strategies while ensuring quality and safety in patient care. In addition to the … [Read more...] about A New Era in Hospital Procurement of Spine Implants (I): Value-Based Purchasing—Could It Work? Exploring the Advantages and Challenges Ahead

The “Top Gun” Mentality in Spine Surgery!

October 11, 2024 By SPINEMarketGroup

In a recent article published on LinkedIn by Axis Technologies, a key topic is addressed regarding the future of spine surgery: the "Top Gun" mentality. Like elite pilots, spine surgeons face extraordinary challenges in an environment where millimeters are crucial and margins for error are non-existent. This parallel is not just a striking analogy, but a true representation of … [Read more...] about The “Top Gun” Mentality in Spine Surgery!

Alphatec Spine from 1990 to 2024: A Journey of Resilience, Transformation, and Sales Success!

March 3, 2024 By SPINEMarketGroup

Founded in 1990 by Shunshiro "Roy" Yoshimi, Alphatec Spine initially operated as a medical device contract manufacturer. However, in July 1991, the company opted for vertical integration, pivoting to develop, manufacture, market, and sell its orthopedic trauma products. In 2003, Alphatec Spine expanded its focus to include spinal products. Following its initial success, … [Read more...] about Alphatec Spine from 1990 to 2024: A Journey of Resilience, Transformation, and Sales Success!

When will Globus Medical become the number 1 in Spine? 

February 25, 2024 By SPINEMarketGroup

Globus Medical made a strategic move to challenge industry dominance by acquiring NuVasive just over a year ago. This acquisition propelled Globus from the fifth to the second position in the market. The synergy between the two companies expanded Globus's product portfolio and fortified its competitive edge in the industry. While there are notable cultural differences between … [Read more...] about When will Globus Medical become the number 1 in Spine? 

The Future of ZimVie’s Spine Business Post-Sale: Exploring Potential Alternatives!

January 13, 2024 By SPINEMarketGroup

In a strategic move, ZimVie Inc. recognized globally for its leadership in the dental and spine markets, has finalized a definitive agreement to sell its spine business to H.I.G. Capital, a prominent global alternative investment firm. H.I.G. Capital, a global private equity firm, has a strong track record of successfully managing and growing businesses across various sectors. … [Read more...] about The Future of ZimVie’s Spine Business Post-Sale: Exploring Potential Alternatives!

Which Spine products have been launched in 2023?

December 30, 2023 By SPINEMarketGroup

In the year 2023, the landscape of spine product launches has undergone a noticeable shift. Unlike previous years marked by a flurry of introductions, this year has seen a more restrained approach, with a predominant focus on aligning company portfolios with prevailing product trends such as 3D technology, expansive cages, and sacral iliac implants. Notably absent from the … [Read more...] about Which Spine products have been launched in 2023?

What have been the Acquisitions in 2023?

December 29, 2023 By SPINEMarketGroup

In the spine market, there have been EIGHT acquisitions in 2023. Today, we share with you those that have occurred in this year until now. The spine industry has been undergoing a consolidation for some years. This situation may occur for several reasons: What have been the acquisitions in 2023? 9.- December: ZimVie Sells Spine Business to H.I.G. Capital What was … [Read more...] about What have been the Acquisitions in 2023?

Why Investment Firms Are Eyeing Spinal Implant Companies?

December 20, 2023 By SPINEMarketGroup

Yesterday, Zimvie announced its acquisition by the investment fund H.I.G. Capital. In the dynamic landscape of investment, a curious trend is emerging as investment funds increasingly set their sights on acquiring spinal implant companies. The intersection of healthcare innovation and financial strategy seems to be a compelling space for growth and profitability. Here are key … [Read more...] about Why Investment Firms Are Eyeing Spinal Implant Companies?

Why Should Spine Business Managers design their Strategies with Execution in mind?

October 12, 2023 By SPINEMarketGroup

In the intricate dance of business, strategy, and execution are two sides of the same coin. Crafting a brilliant strategy sets the stage for success, but it's the seamless execution that takes center stage, especially in today's competitive landscape. The Underestimated Value of Execution In business, the spotlight often shines on strategy and planning. A well-developed … [Read more...] about Why Should Spine Business Managers design their Strategies with Execution in mind?

The Changing Role of Spine Implants Sales Representatives in the Age of Robotics

October 1, 2023 By SPINEMarketGroup

In the rapidly evolving world of healthcare, robotics is reshaping various aspects of spinal surgeries. This technological revolution is transforming its procedures and the roles of those responsible for selling spine implants. Spine implant sales representatives find themselves in a dynamic environment where adaptation is crucial. Here, we delve into how their roles are … [Read more...] about The Changing Role of Spine Implants Sales Representatives in the Age of Robotics

Some Thoughts on the Future of the Spinal implant market. What will our Industry be like in a few years? What factors will change the rules of the game?

September 28, 2023 By SPINEMarketGroup

Lately, it seems that everyone likes to envision the future of the spine market. Whoever you talk to, comment on robotics, AI, the new roles of surgeons, and the industry in the future. It seems fine to me, although, through years of experience, I know how difficult it is to get it right.  More than 30 years ago, when I saw screws and rods inserted into patients, I … [Read more...] about Some Thoughts on the Future of the Spinal implant market. What will our Industry be like in a few years? What factors will change the rules of the game?

Silony Medical acquires Centinel Spine’s Global Fusion Business

September 7, 2023 By SPINEMarketGroup

FRAUENFELD, Switzerland, Sept. 7, 2023 /PRNewswire/ -- Silony Medical International AG (the company), a growing challenger to "big medtech" in the global spinal fusion market, has signed a definitive agreement to acquire Centinel Spine's Global Fusion Business.  This combines Silony's Verticale® posterior screw & rod fusion System, its Roccia® and Favo® … [Read more...] about Silony Medical acquires Centinel Spine’s Global Fusion Business

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?

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