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Three spine and orthopedic medtech companies provided updates related to acquisitions during the first quarter of 2024.

WILMINGTON, Del., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Enovis™ Corporation (NYSE:ENOV, "Enovis" or the "Company")) an innovation-driven, medical technology growth company, today announced that it closed the

The Global Joint Reconstruction Devices Industry, currently valued at US$ 26 billion, is poised for remarkable growth, with projections indicating a surge to US$ 41.5 billion by the year 2032. This substantial expansion is expected to be driven by a steady Compound Annual Growth Rate (CAGR) of 4.8% throughout the pe...

Enovis, a medical technology growth company, has announced a definitive agreement to acquire LimaCorporate, a privately held global orthopaedic company focused on restoring motion through an innovative portfolio of implant solutions. The acquisition has an enterprise value of approximately €800 million, consisting of a €700 million cash payment at closing and €100 million in shares of Enovis common stock. Founded in 1945, Lima is an orthopedic company with diversified revenues that has grown at a high single digit CAGR over the last 10 years, increasing into the low teens in the last sev...

Global sales of the Joint Replacement Market in 2021 will be valued at US$ 17.1 billion, according to Future Market Insights Joint Replacement Market analysis report. The market is expected to be worth US$ 27 billion by 2032, with a 4.3% CAGR from 2022 to 2032. From 2022 to 2032, knee replacement is expected to be t...