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 […]
Zimmer Biomet
New medtech to watch for in 2023: boosting health outcomes
As earnings season is upon us, we’re receiving a clearer view of what new medtech could be launching this year in the medical device space. Companies still feel hamstrung by macroeconomic pressures, supply chain issues and more. However, many pointed out that 2023 has plenty to look forward to. Several quarterly reports and earnings calls […]
Zimmer Biomet beats The Street in Q4, expects continued ‘macro pressures’
Zimmer Biomet (NYSE:ZBH) stock is up today on fourth-quarter results that beat the consensus forecast. Shares of ZBH rose more than 1% at $129.75 apiece by afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up more than 14%. The Warsaw, Indiana–based orthopedic device […]
Zimmer Biomet to acquire soft tissue healing company Embody
Zimmer Biomet (NYSE:ZBH) today announced it entered a definitive agreement to acquire soft tissue healing developer Embody for up to $275 million. Through the deal, Zimmer Biomet will pay $155 million at closing. It could also provide up to an additional $120 million upon Embody achieving future milestones over a three-year period. ZB expects the […]
The top 10 medtech news trends of 2022
In this episode, your diligent team of DeviceTalkers assembled to review our top 10 medtech news trends. It’s our 2022 Newmarker’s Newsmakers! Executive Editor Chris Newmarker, Pharma Editor Brian Buntz, Managing Editor Jim Hammerand, Senior Editor Danielle Kirsh and Associate Editor Sean Whooley joined me, DeviceTalks Editorial Director Tom Salemi, for the latest DeviceTalks podcast. […]
Canary Medical integrates analytic module with Zimmer Biomet smart knee implant
Canary Medical announced today that it introduced its first orthopedic analytic module: Canary Quantiles recovery curves. Recovery curves utilize movement data measured by Canary Medical’s proprietary implantable Canturio TE tibial extension sensor technology. The sensor technology enables Zimmer Biomet’s Persona IQ smart knee implant. Persona IQ with the Canturio TE tibial extension sensor technology collects […]
NeuroOne begins shipping 30-day sEEG electrodes to Zimmer Biomet
NeuroOne Medical Technologies (Nasdaq:NMTC) announced today that shipped its first commercial order in an agreement with Zimmer Biomet (NYSE:ZBH). Zimmer Biomet holds an exclusive development and distribution agreement with NeuroOne for its thin film technology. It already sells NeuroOne’s earlier cortical strip and grid electrode devices. Over a year ago, Zimmer Biomet placed initial stocking […]
Zimmer Biomet’s 3D-printed tibia receives FDA clearance
Zimmer Biomet (NYSE:ZBH) announced today that it received FDA 510(k) clearance for the Persona OsseoTi keel tibia. Warsaw, Indiana-based Zimmer Biomet designed the system for cementless knee replacement. It represents the latest addition to the Persona Knee system platform. Persona OsseoTi features a new porous version of the Persona anatomic tibia. It includes the Zimmer […]
16 surgical robotics companies you need to know
Intuitive remains the dominant surgical robotics company, but corporations ranging from Medtronic to Vicarious Surgical look to compete. Robotic-assisted surgery remains one of the hottest spaces in medtech. Intuitive, which pioneered the field in the 1990s and early 2000s, continues to innovate. At the same time, a host of other companies are looking to compete. […]
Zimmer Biomet stock ticks up on Street-beating Q3, increased guidance
Zimmer Biomet (NYSE:ZBH) shares rose this morning on third-quarter results that topped the consensus forecast. Shares of ZBH ticked up 1.3% at $113.25 apiece as the market opened today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — increased by 1.4%. The Warsaw, Indiana-based orthopedic device maker posted […]
FDA clears NeuroOne’s Evo sEEG electrode for 30-day use
NeuroOne today announced it received expanded FDA 510(k) clearance to market its Evo sEEG Electrode technology for temporary use with brain recording, monitoring and stimulation equipment. Eden Prairie, Minnesota-based NeuroOne previously announced it resubmitted its 510(k) application for up to 30-day use. The resubmission included additional biocompatibility testing as requested by the FDA. The new […]