Here are eight things for spinal surgeons to know for Nov. 10, 2016.
US spine implants market to grow at CAGR of 5.3% through 2020
The U.S. spine implants market is expected to grow at a compound annual growth rate of 5.29 percent between 2016 and 2020. Robotic technology is gaining traction in the industry, with a market penetration of about 35 percent in the United States. Additionally, the shift from invasive to minimally invasive procedures will also spur market growth. Dublin, Ireland-based Medtronic, West Chester, Pa.-based DePuy Synthes, Kalamazoo, Mich.-based Stryker and San Diego-based NuVasive lead the market.
Mazor Robotics sees 52% revenue boost in Q3 FY 2016
Caesarea, Israel-based Mazor Robotics reported its results for the third quarter, ending Sept. 30, 2016. Mazor saw revenue increase by 52 percent to $7.6 million in Q3 fiscal year 2016 and generated revenue of $5.7 million. Mazor received orders for four Renaissance systems in the United States as well as orders for 18 Mazor X systems in Q3 FY 2016, with Medtronic ordering 15 of these.
Steps to get a spine surgery center off the ground
Kenneth Hancock, president and chief development officer of Brentwood, Tenn.-based Meridian Surgical Partners, outlined seven steps to develop a spine surgery center during Becker's ASC 23rd Annual Meeting: The Business and Operations of ASCs in Chicago. Key areas included project scope, surgical case volume and partnership structure, among others.
8 states with premium hikes exceeding 30%
For plans on HealthCare.Gov, monthly premiums will increase by 25 percent, on average, for 2017, with some states having premium increases surpassing 30 percent. These states will have premiums greater than 30 percent next year: Georgia, Pennsylvania, Nebraska, Alabama, Illinois, Tennessee, Minnesota and Oklahoma.
Dr. Tibor Boco becomes co-medical director of neurosurgery at Elmhurst Hospital
Elmhurst (Ill.) Hospital named Tibor Boco, MD, co-medical director of neurosurgery. He practices with Neurological Surgery and Spine Surgery as well as an assistant professor of neurological surgery at Rush University Medical Center in Chicago. In his practice, Dr. Boco focuses on cervical and lumbar spine degenerative disease and oncology treatment.
Duke researchers pinpoint protein vital for SCI regeneration
Durham, N.C.-based Duke University researchers discovered a protein essential for spinal cord injury repair. The researchers analyzed freshwater zebrafish, which have the capability of healing their spinal cords after complete severance. The researchers looked for genes that were activated by the spinal cord injury in the fish. They discovered seven genes which coded for protein secreted from cells. One protein in particular, the connective tissue growth factor, saw increased levels in the glia, which formed the bridge post-injury.
Minimally invasive vs. separation surgery for metastatic spine disease
A new study published in Spine examines minimally invasive techniques and separation surgery for patients with metastatic spine disease. The intraoperable variables, outcomes and complications were similar for both the traditional approaches and MIS approaches in the studies. The researchers concluded there was low evidence for MIS and separation surgery for treating metastatic spine disease.
SeaSpine earns FDA clearance for Mariner Posterior Fixation System
The FDA cleared Carlsbad, Calif.-based SeaSpine's Mariner Posterior Fixation System. The system features a pedicle screw system with modular thread technology, and is intended to decrease the volume of surgery trays during posterior lumbar fixation. The company plans a full commercial launch of the Mariner system in the first half of 2017.