The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

wright.com

Founded Year

1950

Stage

Acq - P2P | Acquired

Total Raised

$26.61M

Valuation

$0000 

About Wright Medical Group

Wright Medical Group operates a specialty orthopedic company that provides extremity and biologic solutions that enable clinicians to alleviate pain and restore their patients' lifestyles.On January 22nd, 2021, Wright Medical Group was acquired by Stryker at a valuation of $4700M.

Wright Medical Group Headquarter Location

5677 Airline Road

Arlington, Tennessee, 38002,

United States

901-867-9971

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Wright Medical Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Wright Medical Group is included in 1 Expert Collection, including Medical Devices.

M

Medical Devices

412 items

https://www.advamed.org/membership-join/membership-directory/ - excludes those without working websites.

Wright Medical Group Patents

Wright Medical Group has filed 176 patents.

The 3 most popular patent topics include:

  • Orthopedic surgical procedures
  • Bone fractures
  • Skeletal system
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/26/2018

4/26/2022

Surgical instruments, Orthopedic surgical procedures, Implants (medicine), Prosthetics, Surgery

Grant

Application Date

1/26/2018

Grant Date

4/26/2022

Title

Related Topics

Surgical instruments, Orthopedic surgical procedures, Implants (medicine), Prosthetics, Surgery

Status

Grant

Latest Wright Medical Group News

Global Orthopedic Devices Market is to Register CAGR of 4.0% by 2026

May 9, 2022

Global Orthopedic Devices Market is to Register CAGR of 4.0% by 2026 The global orthopedic devices market is set to expand modestly, registering a moderate CAGR of 4.0% throughout the forecast period (2020-2026). A rapidly expanding geriatric population pool as well as increasing incidence rates of accidents and sports injuries are major factors contributing to the growth of the global orthopedic devices market. Moreover, technological advancements such as minimally invasive surgeries, artificial intelligence, 3D-bioprinting and tissue engineering, custom-made implants and development of variable axis screw systems are anticipated to provide a significant boost to the market. Click HERE To Get A SAMPLE (Including Full TOC, Table & Figures) At-  https://www.factmr.com/connectus/sample?flag=S&rep_id=4780 However, the coronavirus pandemic is anticipated to limit growth prospects, with patients delaying elective surgical procedures in favor of treatment for COVID-19 infected patients. However, with social distancing measures being relaxed, the market is expected to witness a gradual resurgence, attributed to the restoration of production and manufacturing capacities of key industrial players, thus ameliorating the demand-supply gap. Key Takeaways of Global Orthopedic Devices Market Study: By product, the joint reconstruction segment shall dominate the market, acquiring a market share exceeding 30%. This is followed by the spinal devices segment, capturing 1/4th of the global orthopedic devices market. A large patient pool awaiting joint replacements and technological advancements in neurological surgeries are key growth drivers. By end-user, orthopedic clinics are expected to gain significant traction. The segment is poised to expand 1.3x in the forecast period. However, the hospitals segment shall continue its dominance, capturing nearly half of the global orthopedic devices market. By region, North America is expected to dominate the global orthopedic devices market, while Asia-Pacific shall expand the fastest. Growth in demand for orthopedic surgeries has attracted key market players to establish their businesses in North America while rising per capita healthcare expenditure is stimulating market growth in Asia-Pacific. “Rising emphasis on technological innovations is anticipated to accelerate the growth of the global orthopedic devices market. Key manufacturers are exploiting this knowledge to develop new pipeline products,” infers a Fact.MR analyst. Robust Product Portfolio, Key to Market Players’ Strong Presence: The global orthopedic devices market is consolidated, dominated by the following top four players: Zimmer Biomet, Johnson & Johnson, Stryker and Smith & Nephew. Collectively, these companies account for nearly 55% of the market share. Therefore, the degree of competition from new entrants is quite low. Innovations in 3D printing and personalization implants technology are anticipated to fuel the growth of emerging players in the hip implants sub-segment. Important players in the hip implants segment include Smith & Nephew, DJO Global, Inc., Wright Medical Group N.V., and Exactech, Inc. In 2017, Zimmer Biomet Holdings dominated the hip implants sub-segment, with a strong brand image and robust product portfolio. Its products included the Taperloc Hip System, the Arcos Modular Hip System and the G7 Acetabular System. Likewise, Stryker has a robust product portfolio, offering devices in the craniomaxillofacial, foot & ankle, joint replacement, spine and trauma & extremities segments. Its brands are Allograft Bio Implants, Delta, Advanced Midface Distractor and MEDPOR TITAN 3D Orbital Floor to name a few. Impact of COVID-19: The COVID-19 pandemic is anticipate to significantly restrict growth prospects for the global orthopedic devices market in the short-run. This is because patients are delaying elective procedures until the aftermath of the pandemic, resulting in reduce capital purchases such as advanced orthopedic devices. This is set to create a decline in key manufacturers’ revenue due to falling sales. Full Access Of This Exclusive Report Is Available At-   https://www.factmr.com/checkout/4780/S However, a resurgence is anticipated in the latter-half of 2020 when the pandemic recedes significantly. As patients undergo orthopedic surgeries at that time, the demand for technologically enhanced devices will regain momentum. Presently, several countries have eased the curbs on social distancing, enabling important manufacturers to resume production operations, thus bridging the demand-supply gap. Looking for more information? The research study on the global orthopedic devices market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global orthopedic devices market over 2020-2026. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2026. Market statistics have been presented on the basis of product (joint reconstruction, spinal devices, trauma fixation, orthopedic prosthetics, arthroscopy devices, orthopedic braces and support, orthopedic accessories and others) and end-user (hospitals, orthopedic clinics, ambulatory surgical centers and others) across five major regions. For More Insights- https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner. Contact:

  • When was Wright Medical Group founded?

    Wright Medical Group was founded in 1950.

  • Where is Wright Medical Group's headquarters?

    Wright Medical Group's headquarters is located at 5677 Airline Road, Arlington.

  • What is Wright Medical Group's latest funding round?

    Wright Medical Group's latest funding round is Acq - P2P.

  • How much did Wright Medical Group raise?

    Wright Medical Group raised a total of $26.61M.

  • Who are the investors of Wright Medical Group?

    Investors of Wright Medical Group include Stryker, Warburg Pincus, The Vertical Group and Thomas McNerney & Partners.

  • Who are Wright Medical Group's competitors?

    Competitors of Wright Medical Group include Active Implants, Cutera, Cagenix, Netpulse, Stanmore Implants, Tricol Biomedical, Doctors Research Group, Tornier, United Orthopedic Group, Biomimedica and 22 more.

You May Also Like

TransCorp Logo
TransCorp

TransCorp develops and commercializes minimally invasive surgical instruments and implants for neurosurgical and orthopedic applications.

T
TrueVision Systems

TrueVision Systems, dba TrueVisions 3D Surgical, provides digital 3D visualization and guidance for microsurgery. The company has developed an intelligent, real-time, 3D surgical visualization and computer-aided guidance platform. TrueVision combines 3D visualization and guidance software applications focused on improving accuracy, efficiency, and outcomes for both surgeons and patients. The company is developing 3D guidance applications for microsurgery to improve surgical efficiencies and patient outcomes. The Refractive Cataract Toolset is a computer-aided software for astigmatic correction and advanced IOL positioning.

S
SpineAlign Medical

Spineworks Medical, Inc. designs and manufactures medical devices for spinal surgery.

I
Intelligent Orthopaedics

Intelligent Orthopaedics, the designers of STORM (The staffordshire orthopaedic reduction machine) for the reduction of tibial fractures and IOS the flexible, single use fixator

i
iBalance

iBalance, Inc. is developing an improved method for completing an orthopedic surgical procedure called high tibial osteotomy. The company aims to provide the surgical tools and implant for this knee malalignment corrective surgery.

Active Implants Logo
Active Implants

Active Implants develops orthopedic implant solutions that complement the natural biomechanics of the musculoskeletal system, allowing patients to maintain or return to an active lifestyle.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.