Surgical Navigation

OrthoGrid Systems’ First Successful Test of AI-Powered Software

OrthoGrid Systems’ First Successful Test of AI-Powered Software
OrthoGrid Systems completed the first successful testing of its artificial intelligence (AI)-powered software solution in a live trauma surgery. This milestone allows further development of the technology for other intraoperative applications....

Naviswiss Receives New Funding

Naviswiss Receives New Funding
Naviswiss closed a CHF 5 million (USD $5 million) round of private equity funding to support product development and entrance into new markets with its surgical navigation for joint replacement procedures.

Parvizi Surgical Innovation Invests in Hip Surgery Navigation

Parvizi Surgical Innovation Invests in Hip Surgery Navigation
Parvizi Surgical Innovation made a minority investment in Navbit, developer of a disposable, single-use surgical navigation system to support accurate positioning of the acetabular cup during hip replacement. 

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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Brainlab Recalls Spine & Trauma 3D Navigation Software

Brainlab Recalls Spine & Trauma 3D Navigation Software
Brainlab recalled Spine & Trauma 3D Navigation 1.0 software due to the potential for incorrect information to display during surgery, preventing acccurate navigation of surgical tools inside the patient. FDA has identified this as a Class I recall.

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.

Alphatec Gains FDA Clearance for SafeOp Neuromonitoring

Alphatec received FDA 510(k) clearance to market automated SafeOp neuromonitoring for use in real-time intra-op nerve location and health assessment. Commercial launch will occur within 1H19.

NuVasive Acquiring SafePassage Neuromonitoring Company

NuVasive entered into a definitive agreement to acquire SafePassage, provider of intra-op neurophysiological monitoring services. The company will join NUVA's Clinical Services business in a transaction slated to close in January 2018.

OrthAlign Raises $10MM in Series D

OrthAlign raised US $10MM in a Series D financing round, to support development of partial knee and total hip applications for orthopaedic surgical navigation, commercialization activities, etc.

Strategic orthopaedic-related 510(k)s issued in December 2016

Strategic orthopaedic-related 510(k)s issued in December 2016 include: Envision 3D Image Guidance System (7D Surgical); Sphynx Anterolateral Plate (Eden Spine); Destiknee Total Knee (Meril Healthcare); Hubble II Lumbar Interbody Fusion System (Orbbo Surgical)

OrthAlign Completes Limited Launch of OrthAlign Plus for Direct Anterior Total Hip Replacement

OrthAlign successfully completed limited release of the OrthAlign Plus® for Total Hip Arthroplasty device for use in the direct anterior approach. The product will commence full launch at the AAOS Annual Meeting in March 2016.