Orthofix Medical today announced the full U.S. commercial launch for its 7D Flash navigation system percutaneous module 2.0. The company also confirmed the completion of the first cases in the U.S. with the module. It provides new planning features and increased functionality for the 7D Flash navigation system for minimally invasive spine surgery. The 7D […]
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The 10 largest orthopedic device companies in the world
Two of the world’s largest orthopedic device companies expect accelerated revenue growth this year. Stryker and Zimmer Biomet both upped their 2023 guidance during recent earnings calls, a sign that orthopedic procedures are bouncing back from the COVID-19 pandemic. GlobalData predicted earlier this year that the recovery will lift the ortho devices market to nearly $50 […]
Orthofix beats The Street in Q2, upping full-year guidance
Orthofix Medical posted second-quarter results this evening that beat the consensus forecast on Wall Street. It also raised its revenue and adjusted EBITDA guidance for the rest of the year, reflecting positive developments in Bone Growth Therapies and other sectors. It’s been more than eight months since Orthofix’s merger with SeaSpine. The Lewisville, Texas–based orthopedic […]
Orthofix launches two access retractor systems for spine procedures
Orthofix Medical today announced it launched two access retractor system to help surgeons during minimally invasive spine procedures. The company commercially launched the Lattus lateral access system and the Fathom pedicle-based retractor system to expand its offering of access solutions. Orthofix designed Lattus for ease of use and versatility. The blade retraction strength and “down-and-out” […]
The top orthopedic device news out of AAOS 2023
Stryker’s next-gen Mako total robotic knee surgery system and more AI integration for Zimmer Biomet’s ZBEdge surgical platform topped the news at this year’s AAOS 2023. The American Academy of Orthopaedic Surgeons 2023 annual meeting drew top medical and medtech talent to Las Vegas from March 7–11. Here is a roundup of major news coming […]
Orthofix hits 5,000 mark for Fitbone implantations
Orthofix Medical (Nasdaq:OFIX) announced today that it surpassed 5,000 device implants for its Fitbone TAA intramedullary limb-lengthening system. Lewisville, Texas-based Orthofix said the system features more than 20 years of clinical history. Over that time, the device demonstrated safety and effectiveness in limb lengthening and deformity correction in adults and children. Orthofix acquired the Fitbone […]
Could 2023 be a boom year for orthopedic devices?
The orthopedic devices market is expected to reach nearly $50 billion this year as procedures bounce back from COVID-19, according to GlobalData. GlobalData predicts the orthopedic surgical robotics space will be even hotter this year, growing 25.6% year-over-year to $984 million. “Boosted by artificial intelligence (AI) and machine learning, new generations of orthopedic robots are […]
Orthofix launches Mariner deformity pedicle screw system
Orthofix Medical (Nasdaq:OFIX) announced that it initiated the full commercial launch of its Mariner deformity pedicle screw. Lewisville, Texas-based Orthofix also announced the first patient cases with Mariner. It marks the first product launched since the merger between Orthifix and SeaSpine earlier this month. SeaSpine developed the Mariner screw system. In a news release, Orthofix […]
Orthofix, SeaSpine complete merger
Orthofix and SeaSpine today completed its previously announced merger of equals to create a global spine and orthopedics company. Under the terms of the agreement, Orthofix will merge with SeaSpine and SeaSpine will continue as the surviving company and a wholly-owned subsidiary of Orthofix. SeaSpine shares also ceased trading on the Nasdaq global market this […]
Data backs Orthofix cellular bone allograft for lumbar fusion
Orthofix (Nasdaq:OFIX) today announced positive results from a clinical study evaluating its Trinity Elite cellular bone allograft (CBA). The prospective, multicenter study evaluates the Orthofix Trinity Elite in lumbar spinal fusion procedures. It demonstrated fusion rates of 98.6%, measured by bridging bone at 12 months follow-up. Investigators published the study results in Neurology International. “The […]
Orthofix, SeaSpine announce post-merger CFO
SeaSpine CFO John Bostjancic will continue as the top financial officer of the to-be-named orthopedic device giant created through a merger with Orthofix. When the two companies announced their plans to merge last month, they said that Bostjancic’s present boss, SeaSpine CEO Keith Valentine, would be CEO. “John has been a key leader of SeaSpine […]