Latest Industry News & Trends

Market Scope provides comprehensive coverage of the ophthalmic and orthopedic markets. Our news stories are a combination of public and proprietary content ranging from coverage of international meetings, surgeon survey results and trends, analysis of company financial reports and public medical registries, press releases, and interviews with companies executive. Register today to receive free weekly email updates, our top data chart, surgeon poll results, and much more. Locked content can be accessed through a subscription to our ophthalmic or orthopedic industry newsletters.

Ophthalmic Orthopedic

Recently Added orthopedic

8/7/2020
Orthopedic
OrthoPAC Backs Three Surgeons Running for Congress, One Remains

The Orthopaedic Political Action Committee (OrthoPAC) of the American Association of Orthopaedic Surgeons (AAOS) endorsed three candidates for the US Congressional election in November. This is the...

8/7/2020
BiologicOrthopedic
LaunchPad Medical Rebrands As RevBio

Massachusetts-based LaunchPad Medical rebranded as RevBio, the company announced Aug. 4. RevBio’s predominant offering is Tetranite bone adhesive biomaterial. Tetranite is used in dental and orthop...

8/7/2020
FixationOrthopedicSpine
NEO Pedicle Screw System Saves Time and Money in Study

Neo Medical announced July 29 that a study of its NEO Pedicle Screw System was recently published in Interdisciplinary Neurosurgery. The study compared the average surgical time and overall procedu...

8/7/2020
Orthopedic
OIC Launches One Procedure, One Price Initiative

The Orthopaedic Implant Company (OIC) announced July 29 that it has launched its One Procedure, One Price initiative, which is designed to ensure a standard cost of care for orthopedic procedures. ...

8/2/2020
Orthopedic
HSS Ranked #1 in Orthopedics for Eleventh Year

Hospital for Special Surgery (HSS) in New York announced July 28 that it was top-ranked orthopedic hospital in the country by US News & World Report. This is the eleventh consecutive time HSS has r...

8/2/2020
BiologicClinicalOrthopedicShoulder
Ortho RTI Releases Positive Preclinical Data for Ortho-R Therapy

Ortho Regenerative Technologies Inc. (Ortho RTI) announced July 28 that its Ortho-R biopolymer achieved positive results in a large animal preclinical trial. Ortho-R is a muco-adhesive, Chitosan-ba...

8/2/2020
HipNavigationOrthopedic
Smith & Nephew Launches RI Hip Navigation System

Smith & Nephew announced July 28 that its RI Hip Navigation is now available for total hip arthroplasty (THA) procedures. The system is part of Smith & Nephew’s real intelligence (RI) brand of tech...

8/2/2020
KneeOrthopedic
Aetna Responds to Conformis’ Suit Regarding Custom Implants

Conformis filed a lawsuit against Aetna on May 8, 2020, claiming that the payer violated state law and the Employee Retirement and Income Security Act (ERISA) by refusing to cover its custom knee i...

8/2/2020
ADROrthopedicSpine
NIA Guidelines Expand Access to prodic L

Centinel Spine announced July 22 that National Imaging Associates (NIA) included a positive coverage recommendation for its prodisc L lumbar disc replacement device in a recent medical necessity gu...

7/24/2020
ExtremityHipKneeOrthopedic
Zimmer Biomet Recalls European Polyethylene Implants Over Endotoxin Elevation

Zimmer announced July 16 that it has recalled an unspecified amount of polyethylene orthopedic implants in Europe due to the possibility of elevated endotoxins in the material. The recall notice wa...

7/24/2020
OrthopedicShoulder
Exactech Updates Manufacturing Process for Equinoxe Shoulder Implant

Exactech said July 21 that it is transitioning the production of its Equinoxe stemless shoulder implant to direct metal 3D laser printing; the implants were previously made by electron beam melting...

7/24/2020
ClinicalOrthopedicPharmaceutical
Caldolor Reduces Opioid Use in Orthopedic Trauma Study

Cumberland Pharmaceuticals announced results of a Level 1 trauma center study on July 20. Ninety-nine orthopedic trauma patients were included in the randomized, double-blind, placebo-controlled st...

Past News Stories

7/24/2020
ExtremityOrthopedic
Update to Medicare Policy Benefits Augment Regenerative Solutions

Recent changes to Medicare pass-through payment calculations will allow outpatient surgery centers to be paid for Augment regenerative products in hindfoot and ankle procedures, Wright Medical anno...

7/24/2020
FDAOrthopedicPharmaceuticalRegulatory
Galt Pharmaceuticals’ Non-Opioid Drug Approved Two Months Ahead of Schedule

Galt Pharmaceuticals announced July 16 that its non-opioid pain medication Orphengesic Forte (orphenadrine citrate, aspirin, and caffeine) received approval from the FDA for its supplemental abbrev...

7/17/2020
FDAKneeOrthopedicRegulatoryRobot
Smith & Nephew Launches Real Intelligence Technology and CORI Handheld Robot

On July 14, Smith & Nephew launched its Real Intelligence group of technology solutions, including patient engagement, pre-op planning, digital and robotic surgery, post-op assessment, and outcomes...

7/17/2020
OrthopedicRegulatorySpine
7D Surgical Receives CE Mark for MvIGS Spine Surgery

Toronto-based 7D Surgical announced July 15 that it has received CE mark certification for spine procedures with its Machine-vision Image Guided Surgery (MvIGS) system. CEO Beau Standish said, “Wit...

7/17/2020
FDAKneeOrthopedicRegulatory
Medacta Introduces NextAR Surgical Platform for TKA

Medacta announced July 13 that it has received FDA clearance for its augmented reality surgical platform NextAR for total knee replacements (TKAs). NextAR TKA is designed to work with Medacta’s GMK...

7/17/2020
AcquisitionExtremityOrthopedic
Stryker to Divest STAR Products to Appease UK Competition and Markets Authority

Stryker proposed July 7 divestiture of its Scandinavian Total Ankle Replacement (STAR) product line in response to the UK Competition and Markets Authority’s (CMA) Phase 1 decision, which was annou...

7/13/2020
HipOrthopedicRobotSurvey DataVolumes
US Hip Surgeon Survey for Q1-2020 Reveals Important Trends

Market Scope surveyed US hip surgeons about their practices in Q1-2020. Questions covered surgical volumes, surgery location, procedures types, and the importance of various implant features. Marke...

7/13/2020
ExtremityFDAHipKneeOrthopedicRegulatoryShoulderSpine
FDA Processes 40 Clearances in Pandemic-Affected June 2020

FDA regulators and companies were able to process 40 orthopedic device clearances for 39 companies despite COVID-19 pandemic impediments. June 2020 numbers were down slightly compared with June 201...

7/13/2020
FundraisingMergerOrthopedicPartnership
20 Employees Raise $4 Million for Company Launch

Over $150 million in orthopedic deals took place in June. The largest transaction was for OrthoPediatrics, which raised $75.2 million through a common stock offering. Augmedics, an augmented realit...

7/13/2020
OrthopedicSurvey DataVolumes
Pandemic Constraints Continue to Plague Surgeons

A spike in US cases of COVID-19 in the past few weeks has clouded efforts to restart elective surgery and left hospitals, surgeons, and patients without clear guidance. However, governments and hea...

7/13/2020
Orthopedic
US Orthopedic Practices Rely on PPP Loans

Recent data releases from the US Small Business Administration show that at least 1,209 orthopedic practices took advantage of Payroll Protection Plan (PPP) loans, a popular pandemic economic relie...

7/13/2020
MeetingOrthopedicSurvey Data
Virtual Conference Offerings Evolve as COVID-19 Pandemic Continues

COVID-19 has made large gatherings untenable for the time being, so orthopedic societies are seeking new avenues for their annual conferences. The American Academy of Orthopaedic Surgeons (AAOS) co...

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