Robot-Assisted Systems

Medtronic to Acquire Medicrea

Medtronic to Acquire Medicrea
Medicrea announced that it entered into an agreement to be acquired by Medtronic at a price of €7 (USD $8.01) per share with a 2020 estimated close date.

Orthopedics to Take Unprecedented Hit from COVID-19, Market Fundamentals Remain Strong

Orthopedics to Take Unprecedented Hit from COVID-19, Market Fundamentals Remain Strong
The underlying fundamentals of the orthopedic industry remain unchanged due to COVID-19. However, we should prepare for significant alterations in the market landscape as well as the ways that we interact with colleagues and customers.

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Fusion Robotics Goes Small with 4-Pound Robot

Fusion Robotics Goes Small with 4-Pound Robot
Fusion Robotics seeks to introduce the world's first portable spinal robotic navigation offering. It can easily fit within a suitcase for simple travel. The full system comprises five parts, including a laptop, USB localizing camera, O.R. table mounting arms, and a four-pound robot.

The Spine Market: A Look at Past and Forecasted Performance

Spine is the largest individual segment that we track, accounting for 18.2% of the orthopedic industry's overall revenue. Excluding biologics, sales of orthopedic spine products topped $9.3 billion in 2018, growing +2.7% vs. 2017. Growth in the segment exceeded our expectations, as several companies in the top 10 posted double-digit increases that offset lower performance by manufacturers at the top of the list. Here, we take a deeper look at past, present and forecasted performance.

Surgeons Weigh in on Robotics’ Role in Orthopedics

Robotics remains a hotly-discussed topic amongst orthopedic surgeons. OMTEC® 2019 provided a stage for the continued debate during the surgeon keynote, with active robotic users calling for technology advancements and a non-user recommending that adoption be based on data and outcomes.

Robotics Recap: Orthopedic Executives Remain Bullish

Robotics Recap: Orthopedic Executives Remain Bullish
The first quarter of 2019 was an active one for robotic and digital surgery developments. As adoption of digital surgery tools increases, leadership from joint replacement and spine companies indicate they have seen a direct sales benefit from upselling and product pull through.

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Orthopedic Industry Revenue Reaches $51 Billion in 2018

Orthopedic Industry Revenue Reaches $51 Billion in 2018
According to our estimates published in THE ORTHOPAEDIC INUSTRY ANNUAL REPORT, orthopedic industry revenue reached $51 billion worldwide in 2018 and grew 3.5% over 2017. Results were mixed among the largest companies as some stumbled operationally while others overperformed, due in part to early adoption of technology and entry into high-growth segments. Common strategic themes present in 2018 that will continue as part of the industry's narrative in 2019 and beyond include connected ecosystems of products, flagship technology (e.g. robotics), portfolio-wide pull through and a growing shift to outpatient procedures.

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4 Orthopedic Robotic and Surgical Tracking Companies to Watch

The proliferation of computer-assisted technology companies entering the joint replacement, spine and trauma markets indicates to us that industry believes there's room for product introduction and adoption in robotic- and navigation-based surgery. Here we highlight four of these companies-three new, one established but newly-restructured-and their very different intraoperative technologies.

Smart Devices, Robotics, Sensors: Tools to Improve Patient Outcomes

Dr. Martin Roche: "The surgeon still wants to operate, but if this technology makes the procedure more consistent, efficient and generates improved outcomes, the patients will request it and surgeons will utilize the data to potentially develop the next surgical procedures and personalized implants."

Stryker Posts 2Q18 Revenue Growth of 8% YoY

ORTHOWORLD estimates Stryker's 2Q18 orthopaedic revenue at US $1,747.8MM, +8.0% from 2Q17, and 1H18 revenue at $3,472.6MM, +7.5% vs. 1H17. Trauma and Extremities Joint Recon remain high performers, with Interventional and Tritanium products contributing to strong spine segment growth.

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Why One Surgeon Entrepreneur is Focused on MIS, Orthobiologics and UDI

Patrick Sweeney, M.D., is a spine surgeon with a special interest in minimally invasive surgery. He is also Founder and Medical Director of the Center for Minimally Invasive Surgery, an ASC, as well as an inventor/entrepreneur, and founder of a device company and an eHealth entity. We spoke with him about his diverse orthopaedic endeavors.

Studies Indicate 5-Fold Reduction in Surgical Complications with Mazor Core Technology

Interim study results demonstrated that surgeries performed with Mazor Robotics' Renaissance Guidance System yielded a 5-fold reduction in surgical complications and a 7-fold reduction in revisions vs. freehand-based, minimally invasive lumbar fusion.

Zimmer Biomet Issues Voluntary Field Action on Rosa Platforms

Zimmer Biomet issued a voluntary field safety corrective action for certain ROSA Brain, Spine and One surgical robotic devices due to internal identification of an issue that may prevent the robot arm from reaching a desired position. The issue has not been identified in the field.

Zimmer Biomet Product Highlights

Zimmer Biomet has publicly unveiled Signature Solutions, and is previewing a concept device that will support personalization and intelligent instrument technology through surgical robotics.

Stryker Launches Mako Total Knee Application

Stryker announced full commercial launch of the Mako robotic-arm assisted total knee application. Mako is now the only robotic technology that can be used across total hip, total knee and partial knee replacement.

KB Medical Closes Series B Financing

KB Medical raised CHF 2.5MM (~US $2.51MM) in a Series B Financing. Funds will support FDA clearance for the AQrate™ Robotic Assistance System V 1.2 for spinal surgery.

Medtronic, Zimmer Biomet Enter 2-level Disc and Robotic Markets

Since mid-May, both Medtronic and Zimmer Biomet have announced strategic moves in the 2-level cervical disc replacement and robotic surgery markets. In efforts to invigorate revenue growth, the two have focused on niche technologies that should expand their portfolios-but have yet to prove wide scale.

100 Surgeries with ROSA Spine

Medtech announced that 100 spinal surgeries have been successfully performed with the ROSA™ Spine robotic-assistive device for minimally invasive surgery.

Strategic Orthopaedic-related 510(k)s issued in January 2016

Strategic orthopaedic-related 510(k)s issued in January 2016 include: Half Dome PLIF System (Astura Medical*), Cannulated Screw System (Epic Extremity*), Rosa Spine (Medtech*), IFS Fixation Scaffold (Metric Medical), dynaMX MX Tabbed Staple (MX Orthopedics), Hard Carbon Coated Drill Bit (Renovo Life*), Polyscrew Pedicle Fixation System (Senecka Spine*), Interbody System (Spine Innovation*), VerteLP IBF Device (VGI Medical*)