BERN, Switzerland, January 4, 2024 (Newswire.com) – LEM Surgical AG, an innovative surgical robotics company headquartered in Bern, Switzerland, announces the successful completion of its Series B funding, securing CHF 22 million. The round, which was strongly oversubscribed, reflects the strong investors’ confidence in LEM Surgical’s differentiated approach. This substantial funding boost is attributed to the […]
NEWS
We are proud to announce that Genesys Spine will be Sponsor of SPINEMarketGroup again in 2024!
Thank you Genesys Spine! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site again in 2024 through your PLATINUM sponsorship. About Genesys Spine Founded in December of 2009, Genesys Spine’s mission was to bring a suite of medical implants and instruments with novel characteristics into a mature spinal […]
Cerapedics Files Final Module of the PMA Application for FDA Approval of a new P-15 Peptide Enhanced Bone Graft for Lumbar Spine Fusion
WESTMINSTER, Colo., Jan. 4, 2024 /PRNewswire/ — Cerapedics Inc., a commercial-stage orthopedics company dedicated to redefining the standard of care for bone repair, today announced that it has filed the final module in the Pre-Market Approval (PMA) application with the U.S. Food and Drug Administration (FDA) for its investigational P-15 Peptide Enhanced Bone Graft. Cerapedics was able […]
Biocomposites’ investee Renovos Biologics receives FDA Breakthrough Device Designation for its synthetic nanoclay bone fusion gel, RENOVITE® BMP-2
KEELE, England, Jan. 4, 2024 /PRNewswire/ — Biocomposites, an international medical devices company that engineers, manufactures and markets world leading products for regenerating bone and managing infection in bone and soft tissue, is pleased to announce that its investee company, Renovos Biologics (Renovos), has been granted Breakthrough Device Designation by the US Food and Drug Administration (FDA) for its lead product, […]
We are proud to announce that W+S Solutions will be Sponsor of SPINEMarketGroup again in 2024!
Thank you W+S Solutions! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site again in 2024 through your PLATINUM sponsorship. About W+S Solutions GmbH The company W+S Solutions is a family-owned business founded in 2006 in Tuttlingen, Germany. We are specialized in the manufacturing of silicone handles for […]
We are proud to announce that Intech will be Sponsor of SPINEMarketGroup again in 2024!
Thank you Intech! On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site again in 2024 through your PLATINUM sponsorship. About Intech Intech is proud and happy to lead the way in the manufacturing of orthopedic instruments and implants that better patients’ lives.Powered by 1,000 Intechers across the globe, the […]
Revolutionizing Spine Surgery: The Rise of Awake Spine Surgery
The field of spine surgery is continuously evolving, with advancements in tools such as robotics, imaging, and artificial intelligence contributing to safer and faster procedures. We’ve also discussed emerging approaches, materials, and implants. However, in the ever-evolving field of spine surgery, advancements continue to redefine traditional practices, and one such groundbreaking development is the emergence […]
CGBio’s ‘NOVOSIS PUTTY’ Receives FDA ‘Breakthrough Device Designation,’ Accelerate Entry into the US Market
SEOUL, South Korea, Jan. 2, 2024 /PRNewswire/ — CGBio (CEO Hyun Seung Yu), a Korean company specializing in bio-regenerative medicine, announced on the 2nd that its advanced bone substitute material, “NOVOSIS PUTTY”, has been granted ‘Breakthrough Device Designation’ (BDD) by the U.S. Food and Drug Administration (FDA). This material incorporates recombinant human bone morphogenetic protein 2 (rhBMP-2). On September […]
Welcoming 2024 with Gratitude and Commitment to the Spine Industry Community!
As we welcome the new year, we want to send warm wishes to all our friends—readers and sponsors alike. We appreciate your support, and we thank you for the trust you’ve given us. It has been the cornerstone of SPINEMarketGroup’s success, and we are immensely grateful for the trust placed in us. Throughout the years, […]
Which Spine products have been launched in 2023?
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 […]
What have been the Acquisitions in 2023?
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 […]
(UPDATED 2023 v.2): +25 Chinese Spine Companies to Know…!
China represents the fastest-growing spine market in Asia-Pacific. It grows at an estimated rate of 3%. China has a significant population, and with an aging society, the prevalence of spine-related issues such as degenerative disc disease, herniated discs, and spinal deformities has been increasing. These issues have led to a growing demand for spine-related medical […]
3D Printed Wedocage Spinal Implants Gain Market Approval in China
Chinese medical firm Wedo Bio-Medical Technology Co, Ltd. has announced that its new 3D printed spinal implant has successfully received market approval in China. The company’s Hydroxyapatite-Coated Porous Titanium Alloy Interbody Fusion Device, or WedoCage, was 3D printed using technology from Chinese 3D printer manufacturer Bright Laser Technologies (BLT). The 3D printed WedoCage obtained the Class III Medical […]
World’s first pediatric deformity case using immersive augmented reality surgical navigation
SALT LAKE CITY, Dec. 21, 2023 /PRNewswire/ — Dr. Scott Luhmann, an orthopedic surgeon at Washington University School of Medicine in St. Louis, performed the world’s first pediatric deformity case using the VisAR immersive augmented reality surgical navigation. Ten pedicle screws were successfully placed during the surgery, which was conducted at St. Louis Children’s Hospital on the Washington University Medical Campus. The immersive […]
Life Spine Secures Federal Court Order Permanently Prohibiting Marketing or Sale of AccelFix-XT Devices in the United States
HUNTLEY, Ill.–(BUSINESS WIRE)–On December 21, 2023, Life Spine settled its litigation against Aegis Spine, Inc, whereby the parties have agreed to an order issued by the United States District Court, Northern District of Illinois, permanently prohibiting the marketing or sale of the AccelFix-XT line of medical devices in the United States. The order prevents Aegis […]
ulrich medical USA® Announces FDA Clearance for Expanded Indications of Momentum® and Momentum® MIS Systems
PLANO, Texas, Dec. 20, 2023 /PRNewswire/ — ulrich medical USA, the pioneer in expandable corpectomy devices and a market leader in spine technology, today announced FDA clearance for expanded indications of the Momentum and Momentum MIS Posterior Spinal Fixation Systems. The expanded indications allow for both Momentum and Momentum MIS systems to be used in conjunction with G21 V-STEADY […]
Why Investment Firms Are Eyeing Spinal Implant Companies?
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 […]
ZimVie Announces Definitive Agreement to Sell Spine Business to H.I.G. Capital for $375 Million
WESTMINSTER, Colo., Dec. 18, 2023 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today announced it has entered into a definitive agreement to sell its spine business to H.I.G. Capital, a leading global alternative investment firm. ZimVie intends to utilize the after-tax proceeds to reduce […]
Revolutionizing Spinal Health For Veterans: Premia Spine’s TOPS™ System Launches In VA Hospitals
NORWALK, Conn., Dec. 15, 2023 /PRNewswire-PRWeb/ — Premia Spine, an innovator in spine medical devices, is proud to announce that its revolutionary TOPS™ System is now available at Veterans Affairs (VA) hospitals across the United States. This significant development aligns with Premia Spine’s mission to bring the most promising spine innovations to all patients, especially the many military veterans who suffer […]
ZimVie Announces Compatibility Between its Vital™ Spinal Fixation System and Brainlab Spine & Trauma Navigation
WESTMINSTER, Colo., Dec. 12, 2023 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today announced it has received FDA clearance for its Vital™ Spinal Fixation System including instruments for use with Brainlab Spine & Trauma Navigation. This follows the execution of the companies’ Development Cooperation Agreement, […]
Spinal Simplicity Announces 510(K) FDA Clearance of Its Novel Sacroiliac Joint System, the Liberty-SI Lateral Implant
OVERLAND PARK, Kan., Dec. 11, 2023 /PRNewswire-PRWeb/ — Today, Spinal Simplicity is pleased to announce the U.S. Food & Drug Administration (FDA) 510(K) clearance of the Spinal Simplicity Liberty-SI Lateral Implant System; a transfixing, lateral sacroiliac (SI) joint fusion system. The Liberty-SI Lateral Implant System is intended for sacroiliac joint fusion for conditions including sacroiliac disruptions and degenerative […]
Validation by Sanyou Medical’s Board of Directors of its commitment to subscribe up to €5 million to IMPLANET’s planned capital increase
Bordeaux, Boston, December 11, 2023 – 7.00 pm CET: IMPLANET (Euronext Growth: ALIMP, FR0013470168, eligible for PEA-PME equity savings plans), a medical technology company specializing in implants for orthopedic surgery and the distribution of technological medical equipment, announces the agreement of Sanyou Medical’s Board of Directors to its commitment to subscribe up to €5 million to IMPLANET’s […]
(UPDATED 2023): +10 Spine Robots to Know…!
Robotics has arrived in spine surgery to stay at least for a while…!It is already changing the role of spine implant representatives, the techniques, and the results. Soon, together with AI, it will change the spine surgeon’s role and revolutionize the spine environment and market. Why do more and more spine surgeons want to use […]
+3 Spanish Spine Companies to Know…!
The Spanish spinal implant market was valued in 2022 at €100 million with a growth rate of 3% annually. Economic factors, healthcare budget constraints, and reimbursement policies influence this market dynamics. These factors may pose challenges or opportunities for companies operating in the spine sector. The spinal fusion market in Spain can expand or contract […]
Accelus Announces Renewed Focus on Pioneering Minimally Invasive Outpatient Procedures with Its Advanced Adaptive Geometry Technology
PALM BEACH GARDENS, Fla., Dec. 07, 2023 (GLOBE NEWSWIRE) — Accelus, a privately held medical technology company committed to becoming the global market leader in expandable spinal implant technologies, today announced its latest strategic initiative: bolstering awareness and adoption of its proprietary Adaptive Geometry™ technology, showcased in its flagship FlareHawk® Interbody Fusion System, to meet the […]
Wenzel Spine Announces Expansion of Executive Leadership Team and Planned Entry into Minimally Invasive Interventional Spine Market
AUSTIN, Texas–(BUSINESS WIRE)–Wenzel Spine, Inc., a medical technology company focused on providing minimally invasive surgical and diagnostic solutions for the treatment of spinal disorders, today is pleased to announce the expansion of its executive leadership team by appointing Charles R. Gordon as the Executive Chairman of the Board. This strategic move is poised to enhance […]
Providence Medical Technology Announces New Publication Demonstrating High Fusion Rates and Successful Outcomes in Previously Failed Cervical Fusion Patients
PLEASANTON, Calif., Dec. 7, 2023 /PRNewswire/ — Providence Medical Technology, Inc., a medical device innovator focused on improving surgical outcomes for high-risk spine surgery patients, today announced a new publication in the Journal of Clinical Neuroscience. Dr. Michael M. Haglund and colleagues authored the publication on the long-term outcomes of patients undergoing tissue-sparing Posterior Cervical Fusion (PCF) to revise a […]