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Increasing Funding for Research and Development to Affect the Market Landscape Significantly
In February 2024, a project at University of Pittsburgh received fundings worth USD 557,000 from NIH grant to develop "metamaterial" orthopedic implants for spinal treatments. Metamaterial implants for the spine aim to offer enhanced mechanical compatibility and potentially reducing the likelihood of rejection and other complications. The successful development and clinical application of these metamaterial implants could greatly impact spinal treatment, potentially offering more effective and less invasive options.
Growth in Strategic Collaborations and Mergers to Meet Rising Interbody Fusion Cage Market Demand
In October 2023, NanoHive Medical and DirectSync Surgical announced a collaboration. It was focused on integrating NanoHive Medical's nanotechnology expertise with DirectSync Surgical's capabilities in spinal surgery devices and create a new generation of spinal implants that are both smart and powered by patient activity. The strategic collaboration is a joint development to create a first-of-kind stimulating/sensing 3D printed interbody fusion cage. The SmartSpinal implants features embedded sensors and energy-harvesting technologies that utilize the patient's own movements to power the device.
Interbody Fusion Cage Market Size
Interbody Fusion Cage Market Growth
Interbody Fusion Cage Market Trends
Interbody Fusion Cage Market Share
Interbody Fusion Cage Market Regional Analysis
Interbody Fusion Cage Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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