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 … [Read more...] about Biocomposites’ investee Renovos Biologics receives FDA Breakthrough Device Designation for its synthetic nanoclay bone fusion gel, RENOVITE® BMP-2
NEWS
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 surgical instruments as … [Read more...] about We are proud to announce that W+S Solutions will be Sponsor of SPINEMarketGroup again in 2024!
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 company is a premiere … [Read more...] about We are proud to announce that Intech will be Sponsor of SPINEMarketGroup again in 2024!
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 … [Read more...] about Revolutionizing Spine Surgery: The Rise of Awake Spine Surgery
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 … [Read more...] about CGBio’s ‘NOVOSIS PUTTY’ Receives FDA ‘Breakthrough Device Designation,’ Accelerate Entry into the US Market
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, your engagement and feedback have been instrumental in … [Read more...] about Welcoming 2024 with Gratitude and Commitment to the Spine Industry Community!
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 absent from the … [Read more...] about Which Spine products have been launched in 2023?
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 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?
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?
+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 due to … [Read more...] about +3 Spanish Spine Companies to Know…!
Why Should Spine Business Managers design their Strategies with Execution in mind?
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
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?
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
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
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?
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 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!
(Updated 2023): Smart Implant Companies to Know..!
The global market for smart implants is estimated to have a market value of more than $22.2 billion by 2032. Soon, many companies will create revolutionary implants with better outcomes and cost savings. A few weeks ago we talked about the company Intelligent Implants as an innovative company in the smart cages segment. Today we update this article by adding the company … [Read more...] about (Updated 2023): Smart Implant Companies to Know..!
We trust that spine implants are safe…
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…