The South African market for spinal surgery devices is estimated to be worth USD 0.35 billion by the end of 2019. The key drivers that will contribute to this market growth include the rise of the technological advances, the increase in geriatric population and the increasing adoption of minimally invasive devices.Some of the factors limiting […]
2018
Life Spine Receives Ten 510(k) Clearances in One Year
HUNTLEY, Ill.–(BUSINESS WIRE)–Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorders, announced today that the company received ten 510(k) clearances in 2018 for a total of 81 since their inception in 2004. The 510(k)’s Life Spine received in 2018 cover a wide variety of procedures […]
KICVentures Ramps Up AxioMed Freedom Cervical Disc Manufacturing to Meet OUS Orders and Expand Market Share Rapidly
BOSTON (PRWEB) DECEMBER 27, 2018–AxioMed completed its initial production of the first 60 cervical discs for implantation at its new Boston facility, and is now raising growth capital to ramp up demand for orders already placed, and to have additional inventory to immediately expand market share against inferior ball and socket discs. The capital raise […]
Prosecutors investigate spinal implant
(BBC.com)–The total disc replacement implant made by Cambridge-based Ranier Technology left patients across Europe in agony and needing further surgery after breaking inside their backs.Last month, BBC Panorama revealed how the Cadisc L implant was approved for use in humans despite evidence from studies in baboons that it could fail. Ranier withdrew it from market […]
Spineway : International Symposium in Peru
Spineway, specialist in surgical implants and instruments for treating disorders of the spinal column (spine), in collaboration with its Peruvian distributor, presented its cutting-edge operating techniques to some one hundred local surgeons during a symposium in Peru. Established in Peru since 2014 thanks to the leading distributor in orthopedic surgery and neurosurgery, Spineway decided to […]
Centinel Spine Celebrates 10th Anniversary
NEW YORK, Dec. 19, 2018 /PRNewswire/ — Centinel Spine®, LLC, the largest privately-held spine company focused on anterior column reconstruction, announces the 10th anniversary celebration of its founding. Centinel Spine began operations in 2008 through the merger-acquisition of two pioneering medical device companies—Raymedica, LLC and Surgicraft, LTD. Founded in 1990, Raymedica became the recognized leader in nucleus replacement and […]
Medtronic Completes Acquisition of Mazor Robotics
DUBLIN – December 19, 2018 – Medtronic plc (NYSE:MDT) today announced it has completed the acquisition of Israel-based Mazor Robotics (NASDAQ:MZOR, TASE:MZOR.TZ). Under the terms of the acquisition agreement announced on September 20, 2018, Mazor shareholders will receive $58.50 per American Depository Share, or $29.25 per ordinary share, in cash. The total value of the […]
The sacroiliac joint fusion market is currently 5 percent of the overall spine market and it’s projected to reach 20 percent by 2021.Which are the 20 main sacroiliac joint fusion devices?
According to iData Research the U.S. minimally invasive spinal implants market is expected to increase to over $2 billion by 2023.The fastest growing implant segment is the MIS sacroiliac joint fusion market, first introduced with SI-BONE’s iFuse Implant System® at the end of 2009. The sacroiliac joint fusion market is currently 5 percent of the […]
OrthoPediatrics Corp. Announces Full-Scale U.S. Launch of Small Stature Scoliosis System
WARSAW, Ind., Dec. 13, 2018 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (NASDAQ: KIDS), a company exclusively focused on advancing the field of pediatric orthopedics, announced today the full-scale U.S. launch of its 26th surgical system, the RESPONSE 4.5/5.0mm System following U.S. Food and Drug Administration (FDA) 510(k) clearance in October. The Company’s newest system represents a significant product expansion […]
Vallum Applauded by Frost & Sullivan for its Biocompatible Spinal Fusion Device, PEEKplus®
SANTA CLARA, Calif., Dec. 11, 2018 /PRNewswire/ — Based on its recent analysis of the North America spinal fusion device performance enhancers market, Frost & Sullivan recognizes Vallum Corp. with the 2018 North America New Product Innovation Award for its interbody spinal fusion device, PEEKplus®. This device plugs the biocompatibility and osseointegration gaps in the current generation of PEEK by leveraging high-performance […]
SpineGuard and Adin Group Announce the First CE Mark for the Dental Surgery Application of the DSG® Technology
PARIS & SAN FRANCISCO–Regulatory News:SpineGuard (FR0011464452 – ALSGD) (Paris:ALSGD), an innovative company that designs, develops, and markets disposable medical devices intended to make spine surgery safer by bringing real-time digital technology into the operating room, announced today the CE marking of a first range of DSG -enabled dental surgery instruments, outcomes of the collaboration with […]
EDGe Surgical Secures $4 Million in Series A Financing
CHICAGO–(BUSINESS WIRE)–EDGe Surgical, Inc., a privately held medical device company dedicated to innovative precision measurement solutions for orthopedic surgery, announced today that it has completed $4 million in financing. The Series A round includes $3 million raised plus a convertible note, bringing total funding secured by the company to $5.7 million, all from angel investors. […]
NuVasive Grows Cervical Spinal Interbody Portfolio With PEEK Corpectomy Implant
SAN DIEGO, Dec. 10, 2018 /PRNewswire/ — NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for expanded use of its Monolith®Corpectomy System, providing surgeons with a modular PEEK interbody solution for […]
Successful First in Human for ZygoFix’s Spinal Facet Joint Fixation System
MISGAV, Israel, Dec. 10, 2018 /PRNewswire/ — ZygoFix Ltd. (“ZygoFix”), a portfolio company of The Trendlines Group Ltd. (“Trendlines”) (SGX: 42T) (OTCQX: TRNLY), announced the successful start of a first In human clinical study for its zLOCK spinal facet joint fixation system. The clinical study comprised several procedures to date and a 6-month follow-up of […]
Which are the Key Competitors in the Deformity Market? Learn about 45 Scoliosis Devices
Today’s gold standard for correcting spinal deformities involves fusing an average of 10 motion levels using a large number of screws in a surgical procedure that lasts an average of six hours and costs upward of $100,000. Worldwide, there are approximately 126,000 scoliosis procedures per year, of which 40,000 are AIS, representing a $2.4 billion […]
Globus Medical Enters International Market with ExcelsiusGPS® Robotic Guidance and Navigation System
AUDUBON, Pa., Dec. 06, 2018 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, recently announced the entrance of ExcelsiusGPS®, a revolutionary robotic guidance and navigation system, to the international market with system installations completed in several European countries. This past October, the first European Excelsius GPS® procedure was performed at the […]
Medtronic to pay $31M in DoJ settlement of medical device probes
Two companies now owned by Medtronic agree to pay $31M to resolve a U.S. Department of Justice probe into the marketing of a medical device meant to treat a vascular defect in the brain for unapproved purposes and paying kickbacks to hospitals to get them to use a second product. The U.S. Food and Drug Administration in […]
joimax® Rolls Out Its Endoscopic Generation 4 Devices and Showcases New 3D-Printed Titanium Implants at the German Spine Society (DWG) Convention
KARLSRUHE, Germany & IRVINE, Calif.–(BUSINESS WIRE)–joimax®, the Germany-based market leader of technologies and training methods for full-endoscopic minimally-invasive spinal surgery, is well positioned for Germany’s principal spine convention, German Spine Society (DWG), taking place December 6 to 8 in Wiesbaden, Germany. This year, joimax® is focusing on their Endoscopic Tower Generation 4 Devices, an expert solution for […]
SpineGuard Announces a Partnership with Carnot Interfaces for the Combination of its DSG® Technology with Surgical Robots
PARIS & SAN FRANCISCO–(BUSINESS WIRE)–SpineGuard (Paris:ALSGD) (FR0011464452 – ALSGD), an innovative company that designs, develops, and markets disposable medical devices intended to make spine surgery safer by bringing real-time digital technology into the operating room, announced today a partnership agreement with Carnot Interfaces for the combination of its DSG technology with surgical robots. In November […]
Nexxt Spine Launches SAXXONY® Posterior Cervical Thoracic Spine System
NOBLESVILLE, Ind.–(BUSINESS WIRE)–Nexxt Spine LLC, a medical device company focused on designing, manufacturing, and distributing innovative spinal solutions, today announced 510(k) clearance from the U.S. Food and Drug Administration (FDA) and full commercial launch of its SAXXONY® Posterior Cervical Thoracic System—a system designed to stabilize cervical (C1 to C7) and thoracic (T1 to T3) spinal […]
Spineology Inc. Announces New Board Members
ST. PAUL, Minn.–(BUSINESS WIRE)–Spineology Inc., the innovator in anatomy-conserving spine surgery, announced today the appointment of two new members to its Board of Directors, Bob Paulson and Phil Soran. Mr. Soran is a successful serial entrepreneur who has founded several technology companies and was inducted into the Minnesota Business Hall of Fame in 2016. He […]
Safe Orthopaedics organizes a workshop on spinal fracture treatment at DWG 2018
Eragny-sur-Oise, France, December 4, 2018 – 5:45pm CET – SAFE ORTHOPAEDICS (FR0012452746 – SAFOR), a company specialized in the design and marketing of single-use implants and instruments improving the minimally invasive treatment of spinal fracture pathologies, will be present at the DWG 2018 Annual Conference taking place in Wiesbaden (Germany) from December 6th to 8th, 2018. […]
IMPLANET to attend the 13th Annual Meeting of the German Society for Spine Surgery (DWG)
Bordeaux, Boston, December 4, 2018 at 8:00am: IMPLANET (Euronext Growth: ALIMP, FR0010458729, eligible for PEA-PME equity savings plans; OTCQX: IMPZY), a medical technology company specializing in vertebral and knee-surgery implants, is announcing that it will attend the 13th Annual Meeting of the German Society for Spine Surgery (DWG), which will take place December 6-8 in Wiesbaden, Germany. Implanet’s presence at […]
How many MIS systems are now in the market? Only 90 Minimally Invasive Pedicle Screw Systems!
According to iData Research, the U.S. market, valued at $7.7 billion in 2017. Of this total market share, 78% can be attributed to the traditional spine market, and the remaining, to the minimally invasive (MIS) segment. Growth in the former has slowed as newer, minimally invasive innovations gradually cannibalize the traditional spine market. Growth, at […]
Carmel spine surgeon wins $112M verdict in royalty battle with Medtronic
(www.ibj.com)–Dr. Rick C. Sasso, an Indiana spine surgeon and inventor, has won a sweeping, five-year legal battle against medical-device giant Medtronic, with a jury this week awarding him $112 million in damages.Sasso, 58, president of Carmel-based Indiana Spine Group, had claimed that Medtronic had violated a contract by not paying royalties he was due for […]
WishBone Medical, Inc. acquires Response Ortho
WARSAW, Ind., Nov. 28, 2018 (GLOBE NEWSWIRE) — WishBone Medical, Inc. announces the acquisition of Response Ortho. Response Ortho has a complete pediatric line of external and internal fixation and deformity correction products. Response Ortho has been in business for fourteen years and has built a modern, high-tech manufacturing facility with access to an experienced […]
Swiss implant makers come under the microscope
(swissinfo.ch)–The Implant Files revelations of faulty implants and weak safety standards are raising alarm bells for Switzerland’s rapidly growing medical device industry. Manufacturers and industry bodies say that safety standards have improved in the last decade, but do they go far enough? The market for implanted medical devices is booming globally. Tens of thousands of […]