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Spine Industry News

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Revolutionizing Spine Surgery: The Rise of Awake Spine Surgery

January 2, 2024 By SPINEMarketGroup

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

Why Investment Firms Are Eyeing Spinal Implant Companies?

December 20, 2023 By SPINEMarketGroup

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…!

December 10, 2023 By SPINEMarketGroup

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?

October 12, 2023 By SPINEMarketGroup

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

October 1, 2023 By SPINEMarketGroup

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?

September 28, 2023 By SPINEMarketGroup

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

September 7, 2023 By SPINEMarketGroup

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 

June 29, 2023 By SPINEMarketGroup

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?

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 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 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 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..!

May 3, 2023 By SPINEMarketGroup

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..!

(UPDATED 2023): +25 Laminoplasty Plates to Know..!

March 25, 2023 By SPINEMarketGroup

Laminoplasty became popular in the 1980s and was developed to treat multilevel pathology of the cervical spine. Initially, its indications were focused on cases of ossification of the posterior longitudinal ligament and cervical spondylotic myelopathy. Since then, its application has been expanded to other indications that require expansion of the cervical canal.Laminoplasty … [Read more...] about (UPDATED 2023): +25 Laminoplasty Plates to Know..!

We trust that spine implants are safe…

March 15, 2023 By SPINEMarketGroup

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…

Why are Sales Reps a key piece in the success of the Globus and Nuvasive merger?

February 17, 2023 By SPINEMarketGroup

One of the reasons why acquisitions and mergers in the spinal market are complex is because of the great importance of the sales network in the success of those operations. Those of you who do not know this business will probably doubt it. But the reality is that the differentiation between the products of the big companies is currently scarce. It is good salespeople with their … [Read more...] about Why are Sales Reps a key piece in the success of the Globus and Nuvasive merger?

After some days…, What is our take on the merger Globus-Nuvasive?

February 15, 2023 By SPINEMarketGroup

As we said a few days ago, it is a brave move by Globus but necessary. As a spine-focused company with an ambition to lead the market, they had no choice but to acquire a company. We believe they have done the right thing. Globus could have bought a smaller one like Zimvie, Seaspine, or ATEC. However, they chose to go big. If you want to lead, take risks and make a strong and … [Read more...] about After some days…, What is our take on the merger Globus-Nuvasive?

About Globus Medical: History and Milestones!

February 15, 2023 By SPINEMarketGroup

The history of Globus is exciting if we take into account that in 20 years it has positioned itself as the leader in such a competitive and complicated market as Spine. Without a doubt, this success story is that of David Paul, a visionary and entrepreneurial genius. … [Read more...] about About Globus Medical: History and Milestones!

Was the Globus Medical merge with Nuvasive an expensive deal?

February 14, 2023 By SPINEMarketGroup

About Globus Medical Globus Medical is a leading musculoskeletal solutions company based in Audubon, PA. The company was founded in 2003 by an experienced team of professionals with a shared vision to create products that enable surgeons to promote healing in patients with musculoskeletal disorders. Additional information can be accessed … [Read more...] about Was the Globus Medical merge with Nuvasive an expensive deal?

What differentiated products does Nuvasive bring to Globus Medical?

February 12, 2023 By SPINEMarketGroup

These days we have talked about the acquisition of Nuvasive by Globus Medical in terms of market and increase in shares and leadership position. However, we have not yet discussed the increase in the product portfolio in a more specific way.  What is Nuvasive going to bring to Globus in terms of products?  It will mainly provide complementary TECHNOLOGY to the … [Read more...] about What differentiated products does Nuvasive bring to Globus Medical?

How will market shares and the Status Quo change in the Spine market?

February 11, 2023 By SPINEMarketGroup

We are still shocked by the news of the acquisition of Nuvasive by Globus medical. It is undoubtedly a milestone in the world of the Spine. It will certainly put more pressure on its competitors! A few hours Kevin Lobo posted on Linkedin about the Q Guidance System.He wrote: "Digital healthcare is a priority at Stryker because These technologies support clinicians throughout … [Read more...] about How will market shares and the Status Quo change in the Spine market?

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