MOTION PRESERVATION DEVICES MARKET ANALYSIS
Global Motion Preservation Devices Market Drivers
Recent trends such as merger & acquisitions are expected to support the global motion preservation devices market growth. For instance, in March 2019, RTI Surgical Holdings acquired Paradigm Spine LLC, a provider of the product ‘Coflex’ (interlinear stabilization device). Moreover, DePuy-Synthes acquired Emerging Implant Technologies GmbH (EIT) in 2018, for 3D-printed titanium implants, which are used in treatment of spinal disorders. Furthermore, CTL Medical acquired spine business of Amedica Corporation and became CTL Amedica in 2018. Orthofix also acquired Spinal Kinetics in 2018, for ‘M6’ artificial discs to strengthen their product portfolio. Moreover, companies such as Globus Medical have product line for motion preservation treatment such as Acadia, Secure-C, and Triumph. Acadia is a motion sparing facet replacement technology, Secure-C is a cervical artificial disc, and Triumph is a lumbar disc. Mobi-C cervical disc of Zimmer Biomet Holdings, Inc. is the first cervical disc replacement approved by U.S. Food Drug Administration (FDA) in 2013 for both one and two-level indications.
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