Within the U.S. small bone and joint devices market, the total market is composed of both reconstruction and internal fixation products. Both plate and screw devices are defined as internal fixations primarily indicated for the treatment of fractures. On the other hand, fixation products are similar to traumatic fixation devices, but they can be replaced
Bunions (also referred to as hallux valgus) are bony bumps that typically form on the joint at the base of your big toe, causing your big toe to be pulled towards your smaller toes. In the United States alone, there is a high incidence of bunions with approximately 5 million people suffering from them to
Hammertoe is a toe deformity where one or both of the joints, excluding the big toe, are bent abnormally due to a contracture. This places pressure on the toe when the feet are shoed. This may create foot corns around or between the toes and calluses, which are usually found on the ball of
Many ankle replacement implant manufacturers in the United States are looking to increase their share of this growing market. Ankle replacement is one of the fastest-growing segments in the foot and ankle devices manufacturing industry, showing growth rates close to 10%. Under this scenario, there has been a lot of activity in the industry,
Catalyst OrthoScience Inc., a medical device company focused on the upper extremity orthopedics market, has received clearance from the U.S. Food & Drug Administration (FDA) to market its reverse shoulder system. Catalyst’s reverse shoulder system is a single-tray arthroplasty system that is made to combine beneficial and evidence-based attributes of reverse shoulder arthroplasty design. The
Stryker has announced it has cleared all regulatory hurdles previously in the way of its planned $4.7 billion acquisition of Wright Medical. The tender offer was initiated back in November 2019 and has now been completed as of November 11, 2020. “Wright Medical has built a successful business, and together we look forward to working
Anika Therapeutics, Inc. announced that the WristMotion Total Arthroplasty System received 510(k) clearance from the U.S. Food and Drug Administration. The WristMotion System is used in procedures to replace painful wrist joints due to rheumatoid arthritis, osteoarthritis, or post-traumatic arthritis, allowing a patient to maintain native biomechanics. This replacement implant is an entirely new approach
Smith+Nephew (LSE:SN, NYSE:SNN) have announced that they have an agreement to acquire the Extremity Orthopedics business of Integra LifeSciences Holdings Corporation (NASDAQ:IART) for $240 million. Smith+Nephew noted that the portfolio includes devices, implants and instruments designed for shoulder replacement and reconstruction of bones in the hand, wrist and elbow, as well as the foot and
In2Bones launches Avenger Radial Head Prosthesis System for primary and revision radial head replacement surgery. The prosthesis, which restores elbow joint function, is the first radial head implant to include sterile, single-use instrumentation. Severe radial head fractures, commonly resulting from elbow trauma, require radial head replacement surgery. Single-use instrumentation is much more readily available for
In2Bones, a global extremity company, receives FDA 510(k) clearance for its Quantum Total Ankle. The ankle replacement is designed to improve the mobility and stability for patients suffering from arthritis. The implant’s talus has a dual radius of curvature which improves dorsi and plantar flexion. Unlike other total ankles, the vertical stem in the tibia
