Top Industry Leaders in the Slip Disc Market
*Disclaimer: List of key companies in no particular orderLatest slip disc Companies Update
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Feb 2023: To increase its market share in the fiercely competitive spinal device industry, Globus Medical Inc. announced that it would acquire NuVasive Inc. in an all-stock transaction projected to be worth $3 billion. Globus Medical's stock dropped more than 17% because of analysts' concerns about spinal device transactions. Over the years, there have been more revenue "dis-synergies and diminished integration" in the spinal device market than in other areas of medtech. Examples of these deals include Stryker's (SYK.N) acquisition of K2M Group and several others. Concerns regarding Globus's perceived worth in the acquisition were also raised.
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June 2023: Intending to expand the OEC 3D Imaging System's and DePuy Synthes' broad product line, GE HealthCare and the Orthopaedics Company of Johnson & Johnson have reached a distribution agreement that will make more surgeons and patients in the US aware of GE HealthCare's offerings. Through carrying out some of the most difficult spine procedures in healthcare today, this new relationship highlights GE HealthCare's continuous commitment to providing doctors with excellent imaging technology to improve patient care. With daily spine surgeries performed in surgical suites, GE HealthCare's OEC 3D Imaging System was created to improve surgical imaging efficiency and precision. An innovative mobile CBCT imaging system called the OEC 3D surgical imaging C-arm makes it possible to provide intraoperative 3D volumes and 2D high-definition imaging easily.
List of slip disc Media Key companies in the market
- TEVA Pharmaceutical LTD (Israel)
- Captiva Spine, Inc. (US)
- NuVasive, Inc. (US)
- DePuy Synthes Companies (US)
- Pfizer Inc. (US)
- GlaxoSmithKline plc (UK)
- Globus Medical, Inc. (US)