It seems as if every orthopedic device company is getting involved in robot-assisted surgery — rolling out robots to assist surgeons operating on the knee, hip, shoulder or spine. Two events in recent years especially signaled that robots were coming into their own in the space: Stryker spent $1.7 billion for Mako Surgical in order […]
The robots are coming to medtech: Where’s the value?
As each medtech manufacturer gears up to bring robots to surgery, they’ll need to create an outcomes-oriented value story in order to compete. Will Randall, ZS The biggest medtech headlines so far in 2019 tell a consistent story: The robots are coming. From Medtronic’s $1.6 billion acquisition of Mazor in late December to Johnson & […]
Stryker wins FDA PMA for Neuroform Atlas brain aneurysm stent system
Stryker (NYSE:SYK) said today that it won FDA premarket approval for its Neuroform Atlas stent system intended for use in treating wide-neck, intracranial aneurysms in conjunction with embolic detachable coils. The Neuroform Atlas stent system previously won approval from the FDA under a humanitarian device exemption which restricted its use to specific hospitals with institutional […]
7 innovations that made nurses’ jobs easier
There are approximately 4 million registered nurses in the U.S., according to the American Nurses Association. As the heart of every hospital, nurses have to handle different patients and situations on a daily basis and are pivotal to the healthcare setting across the globe. I asked veteran nurses who have taken care of a wide […]
Is the orthopedic device space in the midst of a robot revolution?
Stryker’s success with its Mako robot-assisted surgery platform has other orthopedic device companies hastening to enter the space. The big question is whether long-term outcomes will justify the expensive technology. More than five years after spending $1.7 billion to acquire Mako Surgical, Stryker is leading the way bringing robot-assisted surgery to the orthopedic space. The […]
Robot-assisted surgery matters for contract manufacturers
Robot-assisted surgery is a game changer, not only for orthopedic device companies but the contract manufacturers serving them. For major supplier Tecomet, it means forging relationships earlier, sometimes tighter instrument tolerances — and much more. It makes sense that Tecomet officials would see the rise of robot-assisted surgery in the ortho space as a big […]
FDA: Off-label use of Stryker’s Wingspan stent significantly raises risk of stroke, death
The FDA yesterday posted a safety communication warning that the off-label use of Stryker‘s (NYSE:SYK) Wingspan stent system, designed to open narrowed arteries in the brain for patients with intracranial stenosis who experience repeated strokes, can increase the incidence of stroke or death. The federal watchdog said that it received results from a mandated postmarket […]
UPDATE: Stryker shares steady on Street-beating Q1
Updated to include recent share value changes for Stryker Shares in Stryker (NYSE:SYK) are trading steady after the medical device maker posted first quarter 2019 earnings that topped expectations on Wall Street. The Kalamazoo, Mich.-based company posted profits of $412 million, or $1.09 per share, on sales of approximately $3.52 billion for the three months ended […]
Stryker launches Sonopet iQ ultrasonic aspirator, Spinemap Go software
Stryker (NYSE:SYK) said yesterday that it launched its Sonopet iQ ultrasonic aspirator system and its SpineMapGo software. The announcements were made at the American Association of Neurological Surgeons meeting in San Diego, the Kalamazoo, Mich.-based company said. The newly launched Sonopet iQ system is designed to allow surgeons to fragment, emulsify and aspirate soft tissue and […]
Stryker wins FDA PMA, launches Lifepak CR2 AED
Stryker (NYSE:SYK) said yesterday that it launched its Lifepak CR2 defibrillator featuring the LifelinkCentral AED program manager after winning FDA premarket approval for the system. The newly launched Lifepak CR2 AED features new technology including CPRInsight, which allows users to continue chest compressions during ECG analysis and can improve survival outcomes, the Kalamazoo, Mich.-based company said. […]
The 10 largest orthopedic device companies in the world
Robot-assisted surgery continues to generate headlines in the orthopedics space. But there is so much more going on among the world’s largest orthopedic device companies. Go to our sister site Medical Design & Outsourcing and discover what’s new among the 10 largest companies in the medical device industry’s ortho sector. Next>> Note: Medical Design […]
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