The medical technology landscape is changing, with orthopedic and spine device companies growing, developing new technologies and partnering for unique innovations.
Here are 36 orthopedic and spine device companies to know. The companies are listed in alphabetical order. Please contact Laura Dyrda at email@example.com with questions.
Astura Medical (Carlsbad, Calif.). Astura Medical received FDA clearance for its Bridalveil OCT system in October 2017, marking the launch of its 11th spinal implant and instrumentation system since the company was created in December 2014. After two years in business, Astura Medical completed its first portfolio of products with the Half Dome Posterior Lumbar Interbody Spacer, Olympic Posterior Spinal Fixation System, Alta Anterior Cervical Interbody Spacer and Zion Anterior Cervical Fixation System. Astura expects that suite of products to continue building on last year’s 312 percent growth in annual revenue and plans to launch its MIS Platform later this year.
Camber Spine (Wayne, Pa.). Camber Spine accomplished 46 percent annual growth in 2017, a year that was kicked off with FDA clearance of its Siconus SI Joint Fixation System and defined by a 97 percent increase in active surgeon users. The year was bookended with FDA clearance of the Spira-C Open Matrix Cervical Interbody, which was successfully used in multilevel ACDF procedures for the first time in February. Building on those achievements, Camber Spine expects to launch three products — the second generation of ENZ MIS ALIF, SPIRA-L Open Architecture Lateral Cage and SPIRA V Open Matrix Corpectomy — and gain FDA approval for six.
Captiva Spine (Jupiter, Fla.). Founded in 2007, Captiva Spine has built a targeted portfolio of lumbar and cervical spine fusion products featuring screw systems, cages, morsels and putty and a plate system. In March, the company announced the first successful cases using its TransFasten Posterior SI Fusion System, which launched in October 2017, and plans to train surgeons on the posterior SI approach nationwide. The privately held company signaled further growth by hiring Daniel Abromowitz as vice president of sales and business development and launching its HyperLOX posterior cervical system, a solution for posterior stabilization and fusion of the cervical and thoracic spine.
Carl Zeiss AG (Jena, Germany). In 2017, Carl Zeiss achieved its most successful fiscal year in company history of more than 170 years: revenue rose by 10 percent to a record level of approximately $6.6 billion, and all four of the company’s business segments reported positive returns, including about $1.8 billion in revenue for the medical technology segment. In the first quarter of 2018, Carl Zeiss Meditec continued the positive trend with 4.2 percent revenue growth in its ophthalmic devices business unit and 8.2 percent revenue growth in its microsurgery segment. Zeiss offers several spine visualization systems — the Kinevo 900, OPMI Pentero 800, OPMI Vario 700 and Surgical Loupes — that utilize a surgical microscope to improve patient outcomes in minimally invasive procedures.
By Shayna Korol & Angie Stewart | Becker’s Spine Review