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 […]
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 […]
(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 […]
VISIE™ Inc., Formerly Advanced Scanners, Raises $8.2M to Make the Unseen Seen in Orthopedic, Neuro, and Spine Surgery
AUSTIN, Texas–(BUSINESS WIRE)–VISIE Inc., formerly known as Advanced Scanners, announces it has raised $8.2M in an oversubscribed Series A funding round to further its mission of making the unseen seen in surgery. VISIE is a 3D computer vision and spatial computing company developing deep tech optical scanners for use in robotic and navigated orthopedic, neuro, […]
Medical Metrics, Inc. Announces Latest 510(k) Clearance for Spine CAMP™ AI-powered Image Analysis Platform
HOUSTON, TX, USA, September 18, 2023/EINPresswire.com/ — Medical Metrics Inc. (MMI or the Company), a global leader in spine image analysis solutions and services, announces that Spine CAMP™, the Company’s Software as a Medical Device (SaMD), has received 510(k) clearance (K231668) from the US Food and Drug Administration (FDA). This builds upon the company’s initial […]
Aurora Spine Corporation Announces Newly Published Paper on First 6-month Clinical Evaluation of its ZIP™ Fusion Implant
CARLSBAD, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the publication of the first 6-month clinical evaluation of its ZIP™ fusion implant in the Journal of Pain Research. Lumbar […]
Nevro Announces Acquisition of Vyrsa™ Technologies
November 30, 2023– REDWOOD CITY, Calif., Nov. 30, 2023 /PRNewswire/ — Nevro Corp. (NYSE: NVRO), a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced that it has acquired Vyrsa Technologies (“Vyrsa”), a privately held medical technology company focused on a minimally invasive treatment option for patients suffering […]
NGMedical GmbH receives Approval for its MOVE®-C Cervical Artificial Disc Prosthesis in Mexico
NONNWEILER, SAARLAND, GERMANY, November 30, 2023 /EINPresswire.com/ — NGMedical GmbH, a medical device manufacturer exclusively focused on creating innovative technologies for spinal application, announces the approval of its MOVE®-C cervical artificial disc prosthesis in Mexico. After receiving CE approval end of December 2019, the MOVE®-C cervical artificial disc replacement established well in Europe. The unique […]
Orthofix Announces Publication in The Spine Journal of Five-Year Data for the M6-C Artificial Cervical Disc
LEWISVILLE, Texas–(BUSINESS WIRE)–Orthofix Medical Inc. (NASDAQ:OFIX), a leading global spine and orthopedics company, today announced the publication of the five-year results from the U.S. clinical study comparing the M6-C™ artificial cervical disc with anterior cervical discectomy and fusion (ACDF). Published in The Spine Journal, patients treated with the M6-C disc demonstrated superior clinical success at 60 months compared to ACDF […]
CTL Amedica’s MONET ACIF Approved for Use in Mexico
DALLAS, Nov. 29, 2023 (GLOBE NEWSWIRE) — The Comisión Federal para la Protección contra Riesgos Sanitarios (COFEPRIS), the agency charged with overseeing the quality of medical devices and products made in and imported into Mexico, has approved CTL Amedica Corporation’s MONET™ Anterior Cervical Interbody Fusion (ACIF) System for use in Mexico. The MONET™ ACIF System […]
Orthofix Names Massimo Calafiore as President and Chief Executive Officer
LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix Medical Inc. (NASDAQ:OFIX), a leading global spine and orthopedics company, announced today that Massimo Calafiore has been named incoming President and Chief Executive Officer. Mr. Calafiore is currently Chief Executive Officer of LimaCorporate S.p.A., a global orthopedics company, and his appointment to Orthofix is expected to be effective in early 2024, following […]
Tyber Medical Brings Home Competitive Workplace Safety Award
BETHLEHEM, Pa., Nov. 28, 2023 /PRNewswire/ — Tyber Medical has been selected to receive the Governor’s Award for Safety Excellence (GASE)—a highly competitive program that acknowledges exceptional safety and prevention initiatives in the workplace as well as the effective and successful management of those initiatives by its employees. “Tyber Medical is dedicated to developing global products to […]