SPINEMarketGroup

Spine Industry News

2024

Success in Spinal Implants Sales: Beyond Attitude

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In the captivating world of spine sales, when hiring a new rep, the question arises: What skills distinguish an excellent salesperson in this specialized field? Attitude as the Starting Point Undoubtedly, attitude is the starting point. Whether a senior or experienced salesperson, a positive and enthusiastic attitude is a key differentiator. It directly impacts the […]

RTI Surgical Completes Acquisition of Cook Biotech

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ALACHUA, Fla., Feb. 1, 2024 /PRNewswire/ — RTI Surgical, an industry leading contract development and manufacturing organization (CDMO), serving the regenerative medicine industry, announced today that it has completed its previously announced acquisition of Cook Biotech Incorporated. The combined entity is the only regenerative medicine company that offers a differentiated portfolio of allograft and xenograft biomaterials at scale. […]

Synergy Spine Solutions Announces $30M Financing

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LOUISVILLE, Colo., Jan. 31, 2024 /PRNewswire/ — Synergy Spine Solutions, an innovative medical device developer focused on artificial cervical disc replacement, announced today that it has closed on a significant equity financing of $30 million. The Series A financing was led by a new institutional investor, Amzak Health, and joined by other investors. The proceeds will be used to […]

Centinel Spine® Record prodisc® Total Disc Replacement Growth of 55% in 2023 Sets the Foundation for Continued Growth in 2024 and Beyond

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WEST CHESTER, Pa., Jan. 31, 2024 /PRNewswire/ — Centinel Spine®, LLC, (“the Company”) the leading global medical device company focused exclusively on treating cervical and lumbar spinal disease with the most complete and clinically-proven total disc replacement (TDR) technology platform in the world (prodisc®), today announced achievement of record full-year 2023 TDR business results, setting the stage for […]

Stryker reports 2023 operating results and 2024 outlook

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Portage, Michigan, Jan. 30, 2024 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) reported operating results for the fourth quarter and full year of 2023: Fourth Quarter Results Full Year Results “We drove excellent organic sales growth of over 11% in both the fourth quarter and the full year, and delivered strong adjusted earnings,” said Kevin Lobo, Chair & […]

Advancements in Spinal Implant Training: Balancing Pros and Cons of Cadaver Workshops.Exploring Technological Alternatives for Surgeon Education

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In the complex landscape of spinal implant surgeries, the pivotal role of surgeon training stands universally acknowledged. Companies are immersed in a fierce contest to provide all-encompassing training programs for their products, actively involving key opinion leaders in the ever-evolving field. Cadaver workshops still are the gold standard in spinal implant training. Undoubtedly, they offer […]

SI-BONE, Inc. Receives FDA 510(k) Clearance for a Smaller Diameter iFuse Bedrock Granite Implant with an Expanded Indication and Application

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SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) — SI-BONE, Inc., (Nasdaq: SIBN), a Silicon Valley-based medical device company dedicated to solving musculoskeletal disorders of the sacropelvic anatomy, announces FDA 510(k) premarket clearance of the iFuse Bedrock Granite® Implant System (Granite) in a smaller (9.5 mm) diameter with both an expanded indication in pediatric patients […]

Accelus Introduces LineSider Modular-Cortical System for Posterior Fixation

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PALM BEACH GARDENS, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) — Accelus, a privately held medical technology company committed to becoming the global market leader in expandable spinal implant technologies, today announced the launch of the LineSider® Modular-Cortical System. Designed for greater procedural visibility, versatility and efficiency, the modular screw design provides surgeons with enhanced visualization by allowing […]

The United States Patent Office Grants New Patent for Aurora Spine’s Translucent GhostTube™ Surgical Operating Tube

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CARLSBAD, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the issuance of its United States Patent No: 11,832,853 entitled “Hybrid Radiolucent Surgical Operating Tube”. Aurora Spine’s Ghost Tube™ was designed to provide […]

Exploring the Rise of Spinal Endoscopy: Uncovering Trends, Market Expansion, and Key Players!

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Endoscopic spinal surgery has emerged as a groundbreaking medical procedure, revolutionizing the treatment of spinal issues. Commonly utilized for conditions such as herniated discs, spinal stenosis, and other vertebral spine problems, this minimally invasive technique offers numerous advantages over traditional open surgeries. Despite its promising outlook, the adoption of endoscopic spinal surgery faces challenges, primarily […]

NuVasive Cuts 157 Jobs in San Diego Post Billion Merger with Globus Medical

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In the aftermath of its $3.1 billion merger with Globus Medical, San Diego-based spine technology firm NuVasive has implemented a workforce reduction, resulting in the termination of 157 employees. This strategic move follows the acquisition of NuVasive by Philadelphia-based Globus Medical, a combination of two major players in the approximately $50 billion musculoskeletal technology market. […]

Implanet Announces the Appointment of Max W. Painter as Vice-President and General Manager of its US Subsidiary

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Bordeaux, Boston, January 25, 2024 – 6.00 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, announced the appointment of Max W. Painter as VP & General Manager of Implanet America. In this position, he […]

Spineway: Increase of 2023 revenue at €10.5 million

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Spineway recorded revenue of €10.5 million in 2023, an increase of 42% compared with 2022. This growth was driven by the strong sales performance of Distimp products and the consolidation of revenue from Spine Innovations, acquired in July 2022. Europe remains the Group’s leading commercial region (49% of revenue), with 2023 revenue of €5.2 million, up […]

Is the Spine Industry Dead? A Closer Look at Contrasting Views

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In recent days, I encountered an article boldly titled “Spine is Dead.” With all due respect to its author and content, I wish to express my disagreement with its assertions. The article confidently posits that the spine market has succumbed to inertia, depicting an industry in the throes of decline. Its central argument suggests that […]

Bold Leadership for a New Era: ulrich medical USA® Welcomes Jim Bruty as Chief Executive Officer to Build Upon its Legacy of Innovation

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PLANO, Texas, Jan. 24, 2024 /PRNewswire/ — ulrich medical USA, the pioneer in expandable corpectomy devices and a market leader in spine technology, is pleased to announce the appointment of Jim Bruty as its new President and Chief Executive Officer (CEO). Mr. Bruty joined the company in March 2023 as its Chief Operating Officer (COO) and brings over 20 years of commercial leadership […]

icotec ag raises $30m in growth financing from MVM Partners

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ALTSTAETTEN, Switzerland and EAST HARTFORD, Conn., Jan. 24, 2024 /PRNewswire/ — icotec ag, the leading company in the field of innovative spinal tumor implants is pleased to announce a significant milestone in its growth journey by establishing a strategic partnership with MVM Partners (“MVM”), a global healthcare venture capital firm. icotec is commercializing groundbreaking BlackArmor® Carbon/PEEK products that may offer […]

Ocutrx Unveils 3D Breakthrough, Enhancing Spine Surgery with Ergonomically Designed DigiLoupes Technology

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IRVINE, Calif. and COLORADO SPRINGS, Colo., Jan. 24, 2024 /PRNewswire/ — Ocutrx Technologies, Inc., a leader in augmented reality (AR), Extended Reality (XR), and 3D technology for medical and surgical applications, proudly announces the latest development of its ORLenz™ headset. This enhanced version, now featuring the stand-alone DigiLoupe™, represents a major development over traditional loupes. The ORLenz, already under clinical assessments […]

SMAIO: 2023 Sales up +120% to €5.4 Million

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Lyon, January 23, 2024 – SMAIO (Software, Machines and Adaptative Implants in Orthopaedics – Euronext Growth Paris ISIN: FR0014005I80 / Ticker: ALSMA) (Paris:ALSMA), a French player specialized in complex spine surgery with a global offer comprising software, adaptative implants and related services, today published its annual sales for the year to December 31, 2023. Philippe ROUSSOULY, Chairman and CEO of […]

We are proud to announce that NGMedical will be Sponsor of SPINEMarketGroup in 2024!

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Thank you NGMedical!  On behalf of the SPINEMarketGroup team, we would like to thank you for supporting our site in 2024 through your PLATINUM sponsorship! About NGMedical NGMedical combines science and innovation and stands for the development and production of highly innovative implants for spine surgery. In cooperation with experienced surgeons and scientists, we develop […]

Revolutionizing Spine Surgery Techniques: InSpan Publishes First L5-S1 Spinal Fixation Research for Degenerative Disc and Stenosis in Premier Spine Surgery Journal

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InSpan unveils a groundbreaking Less Exposure Spine Surgery (LESS™) technique, proven effective in a 5-year study by leading author spine surgeon and professor, Dr. Kingsley R. Chin. This study, published in a peer-reviewed article, validates InSpan’s interspinous fixation device as a stand-alone treatment for spinal stenosis and degenerative disc disease at L5-S1. This marks a significant […]

Inspire® 3D Printed Trabecular PEEK™ With HAFUSE® Lumbar Interbody System Cleared by FDA

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HUNTSVILLE, Ala., January 22, 2024 (Newswire.com) – Huntsville, AL based technology manufacturer Curiteva announced FDA 510(k) clearance of the Inspire 3D Printed Trabecular PEEK Lumbar Interbody Fusion System for use in anterior, transforaminal, posterior, and lateral lumbar interbody fusion procedures. This marks the company’s second FDA cleared 3D printed PEEK implant with HAFUSE, following the approval […]

Deciphering the Maze of Spinal Treatments: Why the Lack of Consensus?

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Medicine, unlike mathematics, is not an exact science where one plus one equals two. Nowhere is this more evident than in the spinal treatments, where a single indication can elicit vastly different responses from different surgeons. From advising simple exercises and pain relievers to suggesting complex surgeries or minimal interventions, the spectrum of recommendations can […]