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2023

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 […]

Brainlab and the AO Foundation Collaborate on the Future of Immersive Medical Education and Training

June 23, 2023 By SPINEMarketGroup

Munich, June 22, 2023—Brainlab, a digital medical technology company, announced today an expanded collaboration outlining initiatives in their ongoing work with the AO Foundation . Signed at the annual AO Trustees Meeting—held this year in Sydney, Australia—the collaboration showcases both parties’ dedication to advancing medical education, delivering on a shared belief that immersive education is the catalyst for […]

IMPLANET announces the European launch of the MIS range, a minimally invasive pedicle screw system

June 21, 2023 By SPINEMarketGroup

Bordeaux, Boston, June 21, 2023 – 6:00 pm CEST: 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, today announced the launch of the MIS range, a minimally invasive pedicle screw positioning system, a result of […]

GE HealthCare Announces Collaboration with DePuy Synthes to Bring Advanced 3D Precision Imaging Innovation to Spine Practices in the United States

June 21, 2023 By SPINEMarketGroup

CHICAGO–(BUSINESS WIRE)–GE HealthCare (Nasdaq: GEHC) has entered into a distribution agreement with DePuy Synthes*, the Orthopaedics Company of Johnson & Johnson, to bring GE HealthCare’s OEC 3D Imaging System, in conjunction with DePuy Synthes’ extensive product portfolio, to more surgeons and patients across the United States. This new collaboration demonstrates GE HealthCare’s ongoing commitment to […]

Inspired Spine SurgCenter: Grand Opening of Cutting-Edge Facility and Launch of Innovative Artificial Intelligence (AI) Program

June 21, 2023 By SPINEMarketGroup

BURNSVILLE, Minn., June 20, 2023 /PRNewswire/ — Inspired Spine SurgCenter is thrilled to announce the grand opening of its state-of-the-art facility in Burnsville, MN. Located at 1601 Hwy 13 E, Burnsville, MN 55337, the new center represents a significant milestone in advanced surgical care. Alongside the grand opening, Inspired Spine SurgCenter is proud to introduce its groundbreaking AI program, revolutionizing patient […]

Premia Spine TOPS™ System Achieves FDA Premarket Approval with Superiority-to-Fusion Label

June 20, 2023 By SPINEMarketGroup

NORWALK, CONN. (PRWEB) JUNE 20, 2023 Premia Spine, a medical technology company revolutionizing the treatment of chronic leg and back pain, proudly announces the Food and Drug Administration (FDA) approval of its Total Posterior Spine (TOPS) facet joint replacement system. The TOPS System previously earned the FDA’s Breakthrough Designation status and has now successfully completed its Premarket Approval […]

Spinal Elements Announces Appointment of Susan Denman to the Board

June 20, 2023 By SPINEMarketGroup

SPINE ELEMENTS

CARLSBAD, Calif., June 20, 2023 /PRNewswire/ — Spinal Elements (or “the Company”), a spine technology company, today announced the appointment of Susan Denman to the Company’s Board of Directors (the “Board”). As a highly respected leader in the industry, Ms. Denman brings to the Board extensive experience in advancing the intersection of business and technology to drive growth. Over […]

Orthofix Announces the Full Commercial Launch of WaveForm A 3D Printed Anterior Lumbar Interbody

June 19, 2023 By SPINEMarketGroup

LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix Medical Inc. (NASDAQ:OFIX), a leading global spine and orthopedics company, today announced the full commercial launch of the WaveForm® A interbody for Anterior Lumbar Interbody Fusion (ALIF) procedures. The WaveForm A interbody seamlessly integrates with the company’s Meridian ALIF system for treating patients in need of fusion due to degenerative disc disease. The proprietary wave-like […]

PathKeeper Surgical Receives FDA 510k Clearance for Spine Navigation System

June 15, 2023 By SPINEMarketGroup

KFAR SABA, ISRAEL (PRWEB) JUNE 15, 2023–PathKeeper Surgical, a privately-held, Israel-based, medical technology company, dedicated to improving the health of individuals around the world suffering from all spinal issues requiring surgery, while making navigation-guided surgery available to any patient in all operating rooms, received its U.S. Federal & Drug Administration (FDA) 510(k) clearance for its PathKeeper, […]

Altus Spine Announces Successful First Case with Indy Standalone ALIF System

June 15, 2023 By SPINEMarketGroup

West Chester, PA – June 15, 2023 – Altus Spine, a leader in the development and innovation of medical devices used in spinal correction surgery, announces an evolutionary milestone in their product portfolio. With the recent release of the advanced Altus Spine Lumbar Standalone Interbody Fusion System, the Indy Standalone was recently used to perform […]

Centinel Spine® Completes Enrollment in First-of-its-Kind 2-Level IDE Trial Evaluating prodisc® C Match-the-Disc™ Cervical TDR System

June 13, 2023 By SPINEMarketGroup

WEST CHESTER, Pa., June 13, 2023 /PRNewswire/ — Centinel Spine®, LLC, (“the Company”) a leading global medical device company addressing cervical and lumbar spinal disease by providing the most robust and clinically-proven total disc replacement technology platform in the world (prodisc®), today announced the completion of enrollment in a first-of-its-kind Investigational Device Exemption (IDE) study evaluating the […]

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 […]

(UPDATED 2023): +20 Korean Spine Companies to Know…!

June 10, 2023 By SPINEMarketGroup

The population of South Korea is aging rapidly, owing to reduced birth rates and increasing life expectancy. The demographic trend toward an aging population represents a growing need for the management of old age-associated spine disorders. South Korea has a higher number of geriatric population than young people. According to the Korean Statistical Information Service […]

SurGenTec’s TiLink-L Receives FDA Clearance, Leading the Way as the First Offering in its Advanced Sacroiliac Joint Fusion Portfolio

June 9, 2023 By SPINEMarketGroup

BOCA RATON, Fla.–(BUSINESS WIRE)–A leader in innovative medical devices, is proud to announce clearance from the U.S. Food and Drug Administration for their proprietary TiLink-L Sacroiliac Joint Fusion System. The SI joint implant may be implanted from a lateral or posterior/oblique approach and uses unique surface technology to optimize bone growth. This implant will be […]

Brett Gopal Joins SpiTrex Orthopedics as New Senior Vice President of Operations

June 9, 2023 By SPINEMarketGroup

LE LOCLE, SWITZERLAND (PRWEB) JUNE 09, 2023–SpiTrex Orthopedics, industry leader in medical device contract manufacturing, announced that Brett Gopal has joined the team as Senior Vice President of Operations. Brett brings to SpiTrex improvements in lean manufacturing, automation, and continuous improvement to services. A native of Chennai, India, Brett came to the United States to study […]

Inspired Spine SurgCenter announces grand opening of state-of-the-art facility

June 8, 2023 By SPINEMarketGroup

BURNSVILLE, Minn., June 8, 2023 /PRNewswire/ — Inspired Spine Surgery Center is proud to announce the grand opening of its brand-new facility in Burnsville, MN. The new center, which is located at 1601 Hwy 13 E, Burnsville, MN 55337, boasts a cutting-edge design and the latest in medical technology, making it one of the most advanced surgery centers in the region. […]

SMAIO receives FDA 510(k) clearance for customized surgery planning software co-developed with NuVasive

June 8, 2023 By SPINEMarketGroup

Lyon (France), June 8, 2023 – 7:00 am CEST – SMAIO (Software, Machines and Adaptative Implants in Orthopaedics – Euronext Growth Paris ISIN: FR0014005I80 / Ticker: ALSMA), a French player specializing in transforming vertebral fusion with breakthrough innovation, today announced that it has received FDA 510(k) clearance for the customized surgery planning software co-developed with […]

Dr. Armen Khachatryan completes first lumbar total joint replacement surgeries in Park City, UT with 3Spine MOTUS technology

June 6, 2023 By SPINEMarketGroup

SALT LAKE CITY, June 6, 2023 /PRNewswire/ — Armen Khachatryan, MD and The Disc Replacement Center today announced successful completion of the first series of MOTUS lumbar total joint replacement surgeries as part of the BalancedBack pivotal clinical trial sponsored by 3Spine. The study aims to compare outcomes for patients treated with the new low back total joint reconstruction to patients […]

Biocomposites adds proprietary NanoBone® technology to its portfolio through the acquisition of Artoss GmbH

June 6, 2023 By SPINEMarketGroup

KEELE, England, June 6, 2023 /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, today announces the acquisition of Artoss GmbH (Artoss), a specialist manufacturer of innovative bone graft substitutes for use in orthopaedics, spine, foot and ankle, and dentistry. Artoss […]

Safe group announces 2022 results

June 6, 2023 By SPINEMarketGroup

Éragny-sur-Oise, Fleurieux-sur-l’Arbresle, May 5th, 2023 at 5:45 p.m. CET – Safe (FR001400F1V2 – ALSAF), a company specializing in the design, manufacture and marketing of ready-to-use technologies for back surgery, particularly safe for spinal fractures treated in emergency (the “Company”) announces its yearly financial results for 2022. In 2022, Group sales reached €5,861 K, up 29%, driven mainly by strong growth in direct sales by […]

Synergy Spine Solutions Completes Enrollment of 1-Level IDE Trial

June 5, 2023 By SPINEMarketGroup

LOUISVILLE, Colo., June 5, 2023 /PRNewswire/ — Synergy Spine Solutions Ltd, an innovative orthopaedic medical device developer focused on artificial cervical disc replacement, today announced it has completed enrollment in its first-ever IDE clinical trial.  The 1-Level Synergy Disc IDE clinical trial (NCT 04469231) enrolled 175 patients in its multi-center, prospective, historically controlled pivotal trial comparing the safety […]

IDE Study Data Demonstrate Shorter Length of Stay and Recovery Time for Patients treated with Limiflex™ Dynamic Sagittal Tether™ (DST) Stabilization

June 2, 2023 By SPINEMarketGroup

SAN CARLOS, Calif., June 1, 2023 /PRNewswire/ — A recently published paper in The Open Orthopaedics Journal compared outcomes for degenerative spondylolisthesis surgery using decompression and Empirical Spine’s LimiFlex™ Dynamic Sagittal Tether™ (DST) stabilization versus transforaminal lumbar interbody fusion (TLIF). The interim results of the FDA IDE trial showed both approaches led to substantial improvements in pain and function within the initial postoperative period, but the […]

SpiTrex Orthopedics Appoints Juan Carlos Rodriguez as Managing Director in Switzerland

June 2, 2023 By SPINEMarketGroup

LE LOCLE, SWITZERLAND (PRWEB) JUNE 01, 2023–SpiTrex, the leading global medical device contract manufacturing firm, announced the appointment of Juan Carlos Rodriguez as Managing Director for their Switzerland facility. A tri-lingual native of Madrid who was raised in Paris and a rock guitarist in his free time, his professional life is as well-rounded as his personal […]

SpineGuard secures a €7.5M equity line with Nice & Green.Cash runway extended to the end of 2026

May 31, 2023 By SPINEMarketGroup

PARIS and BOULDER (CO), May 31, 2023, at6:00 pm CEST – SpineGuard (FR0011464452 – ALSGD), an innovative company that deploys its DSG (Dynamic Surgical Guidance) sensing technology to secure and streamline the placement of bone implants announced today that they implemented an innovative equity line financing of a maximum of €7.5M with Nice & Green, an investment firm partnering with […]

(UPDATED 2023): +50 Deformity Posterior Systems to Know..!

May 27, 2023 By SPINEMarketGroup

The scoliosis spine implants market refers to the medical devices and implants used in the treatment of scoliosis, a condition characterized by abnormal curvature of the spine. These implants are designed to correct and stabilize the spine, providing support and facilitating proper alignment. It is estimated that the global scoliosis treatment market is expected to […]

(UPDATED 2023): 7 Israeli Spine Companies to know…!

May 27, 2023 By SPINEMarketGroup

More than three decades ago, Israel began to develop the environment needed to promote the creation of start-ups through a combination of research, technological progress, and innovation.Advances in the medical devices market were product of this entrepreneurial culture, and the appropriate industrial infrastructure. Fruit of those efforts were the foundation in the market of the […]

Medtronic reports full year and fourth quarter fiscal 2023 financial results; announces dividend increase

May 25, 2023 By SPINEMarketGroup

DUBLIN, May 25, 2023 /PRNewswire/ — Medtronic plc (NYSE:MDT) today announced financial results for its fourth quarter and fiscal year 2023, which ended April 28, 2023. Fourth Quarter (Q4) Key Highlights Additional Key Highlights Fourth Quarter (Q4) Financial ResultsMedtronic reported Q4 worldwide revenue of $8.544 billion, an increase of 5.6% both as reported and on an organic basis. The […]

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