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Colfax Corporation

Full company profile

uuid002xhe7

Namestring
Colfax Corporation
Legal namestring
Enovis Corporation
Websiteurl
colfaxcorp.com
Company typeenum
Public
Founded yearint
1995
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersRichmond, United States
HQ citystring
Richmond
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
orthopedic medical devices, surgical implants, rehabilitation equipment, orthopedic bracing, bone growth stimulators
Industry2 codes
1Orthopedic Joint Reconstruction Implants (Hip/Knee/Shoulder/Elbow/Ankle)
CodeHLAHAEAAPrimaryYes
2Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation)
CodeHLAHAEABPrimaryNo
NAICS code3 codes
  • Surgical Appliance and Supplies Manufacturing339113
  • Surgical and Medical Instrument Manufacturing339112
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
SIC code3 codes
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
  • Surgical & Medical Instruments & Apparatus3841
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Orthopedic Medical Devices
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Medical Devices and Surgical Products
TypeHardware Sales
Description

Colfax Corporation generates revenue through the sale of medical devices and surgical products including orthopedic implants, bracing solutions, and rehabilitation equipment

ir.colfaxcorp.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 14 records shown
1DonJoy
Description

Knee bracing, ankle bracing, cold therapy products

enovis.com
+13 more records
Core offering1 text field

Colfax Corporation's medical technology business (now operating as Enovis Corporation) designs, manufactures, and sells orthopedic medical devices and surgical products across the continuum of musculoskeletal care. Core offerings include surgical implants (hip, knee, shoulder/upper extremity, foot and ankle), orthopedic bracing and supports, bone growth stimulation devices, electrotherapy and rehabilitation systems, and healthcare workflow software platforms. Products are sold under multiple brands including DonJoy, Aircast, Chattanooga, Compex, Enovis Surgical, Mathys, Procare, Exos, and Trilliant.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Enovis (formerly Colfax Corporation's medical technology segment, which is now a standalone company following Colfax's strategic split) operates as a medical technology company focused on clinically differentiated therapeutic solutions. The portfolio consists of multiple distinct brands organized into product categories: (1) Bracing & Supports including DonJoy (knee/ankle bracing leader), Aircast (walking braces), Procare (value bracing), and Exos (external orthotics); (2) Surgical Implants under Enovis Surgical covering hip, knee, upper extremity implants, cement solutions, and Mathys & Lima Implants; (3) Foot & Ankle implants through Trilliant (rearfoot, midfoot, forefoot) and biologics; (4) Recovery & Rehabilitation including Chattanooga (therapy systems, bone growth stimulators like Manafuse, VitalStim electrotherapy), Compex (muscle stimulators); (5) Healthcare Solutions with MotionMD and OfficeCare for DME workflow management; (6) SpineCare for spine bracing and bone growth stimulation; and (7) Patient-facing digital tools like Better Step for bunion treatment. The company also recently launched ASTRA Arvis surgical visualization technology. The platform-plus-modules architecture enables cross-selling across orthopedic care pathways from injury prevention through surgical intervention to rehabilitation.

Product and service16 records
1DonJoy
CategoryOrthopedic Bracing & Supports
2Aircast
CategoryOrthopedic Bracing & Supports
3Chattanooga
CategoryRehabilitation & Electrotherapy
4Compex
CategoryConsumer Muscle Stimulation
Description

Consumer-facing muscle stimulation and TENS unit brand for pain management and muscle rehabilitation, sold direct-to-consumer through compiex.com e-commerce storefront.

5Enovis Surgical
CategorySurgical Implants
Description

High-end surgical implant product line covering hip implants, knee implants, upper extremity (shoulder) implants, and cement solutions, including the Mathys & Lima Implants product lines, sold to orthopedic surgeons and hospitals.

6Procare
CategoryOrthopedic Bracing & Supports
Description

Value-oriented bracing product line including wrist braces, knee braces, and ankle braces for various orthopedic support needs, sold through healthcare professional channels.

7Exos
CategoryOrthopedic Bracing & Supports
Description

Brand offering external orthotic support and bracing solutions for orthopedic applications.

8Trilliant
CategoryFoot & Ankle Implants
Description

Foot and ankle implant solutions covering rearfoot, midfoot, forefoot, and biologics product categories, sold to orthopedic surgeons specializing in foot and ankle surgery.

9MedShape
CategoryFoot & Ankle Implants
Description

Medical device brand specializing in shape memory alloy technology for orthopedic applications including foot and ankle solutions.

10Manafuse
CategoryBone Growth Stimulation
Description

Low-intensity pulsed ultrasound bone growth stimulator device for healing non-union fractures and primary lumbar spinal fusion procedures, sold to healthcare providers and spine specialists.

11ASTRA Arvis
CategorySurgical Visualization Technology
Description

Surgical visualization technology that won the 2026 AWE Auggie Award for Best Healthcare & Wellness Solution, used in orthopedic surgical procedures.

12MotionMD
CategoryHealthcare Workflow Software
Description

Healthcare solutions software platform providing a consultative approach to customized DME (Durable Medical Equipment) solutions for healthcare providers, with HIPAA-compliant patient data handling.

13OfficeCare
CategoryHealthcare Workflow Software
Description

Healthcare office management software solution complementing MotionMD for complete orthopedic practice workflow management.

14Better Step
CategoryPatient Digital Health
Description

Patient-facing digital health tool for conservative bunion management, with associated bunion correction product offerings.

15DonJoy Defiance Pro
CategoryOrthopedic Bracing & Supports
Description

Advanced performance knee brace positioned as the market leader for performance, protection, and recovery applications.

16Mathys & Lima Implants
CategorySurgical Implants
Description

Orthopedic implant product lines acquired through the 2021 acquisition of Mathys AG Bettlach for approximately $285 million, integrated into the Enovis Surgical portfolio.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-07-28
Description

Colfax Corporation completed its acquisition of Mathys AG Bettlach for approximately $285 million, financed through the issuance of stock to the Mathys owners. The acquisition aligns with Colfax's strategy to focus on diversified technology, including orthopedic and fabrication products.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Ossur is a direct peer in orthopedic bracing, prosthetics, and compression therapy with comparable customer segments (patients, clinicians, hospitals). Its product range in osteoarthritis bracing, ligament knee bracing, and foot & ankle bracing directly competes with DonJoy, Aircast, and Procare.

TypeBroad incumbent
Description

Zimmer Biomet is a leading orthopedic joint reconstruction and surgical implant incumbent with hip, knee, shoulder, and extremities products that directly overlap Enovis Surgical's Mathys and DJO Surgical lines. It also competes in sports medicine and bracing adjacent categories, making it a primary incumbent peer.

TypeBroad incumbent
Description

Smith & Nephew operates orthopedics (joint reconstruction, extremities), sports medicine, and advanced wound management businesses. Its orthopedic reconstruction and extremities (incl. foot & ankle) franchises directly compete with Enovis Surgical and Trilliant product lines.

TypeBroad incumbent
Description

Stryker is a large diversified medical device incumbent with overlapping orthopedic implants (hips, knees, shoulders), surgical equipment, and rehabilitation products. It competes head-to-head with Enovis Surgical across joint reconstruction and is materially larger and broader in portfolio, making it the most consequential broad incumbent competitor.

TypeDirect peer
Description

Bauerfeind is a direct peer in medical orthoses, compression stockings, and orthopedic supports. Its bracing portfolio for knee, ankle, back, and wrist overlaps DonJoy, Procare, and Exos, and it sells through similar orthopedic and DME distribution channels in the US and Europe.

TypeDirect peer
Description

medi is a direct peer producing orthopedic braces, compression therapy, and medical stockings, with strong international presence. Its product lines overlap DonJoy, Aircast, and Procare across multiple joint categories and customer segments.

TypeDirect peer
Description

Conmed is a direct peer in sports medicine, orthopedic surgery, and general surgery with overlapping arthroscopy, surgical visualization, and extremity products. It is a comparable mid-sized orthopedic competitor with similar sales channels to surgeons and surgery centers.

TypeDirect peer
Description

Globus Medical is a direct peer in orthopedic musculoskeletal disorders with strengths in spine, extremities (including foot & ankle), and surgical robotics. Its extremities portfolio and surgeon-driven GTM model directly compare to Enovis Surgical and Trilliant foot & ankle franchises.

TypeDirect peer
Description

Integra LifeSciences is a direct peer in surgical implants, orthopedics, and tissue technologies with comparable footprint in extremity reconstruction, foot & ankle, and specialty surgical solutions. It targets similar surgeon customers and ambulatory surgery center channels.

TypeBroad incumbent
Description

DePuy Synthes is Johnson & Johnson's orthopedics business covering joint reconstruction, trauma, spine, and sports medicine. It competes broadly with Enovis Surgical implants and Mathys hip/knee lines and has meaningfully greater scale and hospital contract leverage.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Colfax Corporation

Orthopedic Medical Devicescolfaxcorp.com

Colfax Corporation firmographics

Firmographics
Name
Colfax Corporation
Legal name
Enovis Corporation
Website
https://colfaxcorp.com
Company type
Public
Founded year
1995
Operating status
Operating
Headcount range
5,001–10,000 employees
Ownership category
akta.pro rank

Colfax Corporation industry classification

Industry
Product category
Orthopedic Medical Devices
NAICS
Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
SIC
Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Orthopedic Joint Reconstruction Implants (Hip/Knee/Shoulder/Elbow/Ankle) (HLAHAEAA)
akta.pro secondary industry
Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation) (HLAHAEAB)

Keywords

  • Orthopedic medical devices
  • Surgical implants
  • Rehabilitation equipment
  • Orthopedic bracing
  • Bone growth stimulators

Where Colfax Corporation is headquartered

Location

Headquarters

HQ city
Richmond
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Colfax Corporation business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Medical Devices and Surgical Products: Colfax Corporation generates revenue through the sale of medical devices and surgical products including orthopedic implants, bracing solutions, and rehabilitation equipment

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Colfax Corporation product offering

Product offering

Core offering

Colfax Corporation's medical technology business (now operating as Enovis Corporation) designs, manufactures, and sells orthopedic medical devices and surgical products across the continuum of musculoskeletal care. Core offerings include surgical implants (hip, knee, shoulder/upper extremity, foot and ankle), orthopedic bracing and supports, bone growth stimulation devices, electrotherapy and rehabilitation systems, and healthcare workflow software platforms. Products are sold under multiple brands including DonJoy, Aircast, Chattanooga, Compex, Enovis Surgical, Mathys, Procare, Exos, and Trilliant.

Product overview

Enovis (formerly Colfax Corporation's medical technology segment, which is now a standalone company following Colfax's strategic split) operates as a medical technology company focused on clinically differentiated therapeutic solutions. The portfolio consists of multiple distinct brands organized into product categories: (1) Bracing & Supports including DonJoy (knee/ankle bracing leader), Aircast (walking braces), Procare (value bracing), and Exos (external orthotics); (2) Surgical Implants under Enovis Surgical covering hip, knee, upper extremity implants, cement solutions, and Mathys & Lima Implants; (3) Foot & Ankle implants through Trilliant (rearfoot, midfoot, forefoot) and biologics; (4) Recovery & Rehabilitation including Chattanooga (therapy systems, bone growth stimulators like Manafuse, VitalStim electrotherapy), Compex (muscle stimulators); (5) Healthcare Solutions with MotionMD and OfficeCare for DME workflow management; (6) SpineCare for spine bracing and bone growth stimulation; and (7) Patient-facing digital tools like Better Step for bunion treatment. The company also recently launched ASTRA Arvis surgical visualization technology. The platform-plus-modules architecture enables cross-selling across orthopedic care pathways from injury prevention through surgical intervention to rehabilitation.

Differentiator

Problem solved

Functional benefit

Brands

  • DonJoy: Knee bracing, ankle bracing, cold therapy products
  • Aircast
  • Exos
  • Procare
  • Compex
  • Chattanooga
  • Enovis Surgical
  • Dr. Comfort
  • Mathys
  • Trilliant
  • MedShape
  • Manafuse
  • Better Step
  • MotionMD

Products and services

  • DonJoy
  • Aircast
  • Chattanooga
  • Compex Consumer-facing muscle stimulation and TENS unit brand for pain management and muscle rehabilitation, sold direct-to-consumer through compiex.com e-commerce storefront.
  • Enovis Surgical High-end surgical implant product line covering hip implants, knee implants, upper extremity (shoulder) implants, and cement solutions, including the Mathys & Lima Implants product lines, sold to orthopedic surgeons and hospitals.
  • Procare Value-oriented bracing product line including wrist braces, knee braces, and ankle braces for various orthopedic support needs, sold through healthcare professional channels.
  • Exos Brand offering external orthotic support and bracing solutions for orthopedic applications.
  • Trilliant Foot and ankle implant solutions covering rearfoot, midfoot, forefoot, and biologics product categories, sold to orthopedic surgeons specializing in foot and ankle surgery.
  • MedShape Medical device brand specializing in shape memory alloy technology for orthopedic applications including foot and ankle solutions.
  • Manafuse Low-intensity pulsed ultrasound bone growth stimulator device for healing non-union fractures and primary lumbar spinal fusion procedures, sold to healthcare providers and spine specialists.
  • ASTRA Arvis Surgical visualization technology that won the 2026 AWE Auggie Award for Best Healthcare & Wellness Solution, used in orthopedic surgical procedures.
  • MotionMD Healthcare solutions software platform providing a consultative approach to customized DME (Durable Medical Equipment) solutions for healthcare providers, with HIPAA-compliant patient data handling.
  • OfficeCare Healthcare office management software solution complementing MotionMD for complete orthopedic practice workflow management.
  • Better Step Patient-facing digital health tool for conservative bunion management, with associated bunion correction product offerings.
  • DonJoy Defiance Pro Advanced performance knee brace positioned as the market leader for performance, protection, and recovery applications.
  • Mathys & Lima Implants Orthopedic implant product lines acquired through the 2021 acquisition of Mathys AG Bettlach for approximately $285 million, integrated into the Enovis Surgical portfolio.

Companies that use Colfax Corporation

Customer profile

Segments2 records

Ideal customer profiles3 records

Colfax Corporation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Colfax Corporation partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Mathys AG BettlachcoreStrategic or Co-development Partner · 28 July 2021Colfax Corporation completed its acquisition of Mathys AG Bettlach for approximately $285 million, financed through the issuance of stock to the Mathys owners. The acquisition aligns with Colfax's strategy to focus on diversified technology, including orthopedic and fabrication products.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Colfax Corporation competitors and assessment

Company assessment

Direct peers

  • Ossur hf: Ossur is a direct peer in orthopedic bracing, prosthetics, and compression therapy with comparable customer segments (patients, clinicians, hospitals). Its product range in osteoarthritis bracing, ligament knee bracing, and foot & ankle bracing directly competes with DonJoy, Aircast, and Procare.
  • Bauerfeind AG: Bauerfeind is a direct peer in medical orthoses, compression stockings, and orthopedic supports. Its bracing portfolio for knee, ankle, back, and wrist overlaps DonJoy, Procare, and Exos, and it sells through similar orthopedic and DME distribution channels in the US and Europe.
  • medi GmbH & Co. KG: medi is a direct peer producing orthopedic braces, compression therapy, and medical stockings, with strong international presence. Its product lines overlap DonJoy, Aircast, and Procare across multiple joint categories and customer segments.
  • Conmed Corporation: Conmed is a direct peer in sports medicine, orthopedic surgery, and general surgery with overlapping arthroscopy, surgical visualization, and extremity products. It is a comparable mid-sized orthopedic competitor with similar sales channels to surgeons and surgery centers.
  • Globus Medical: Globus Medical is a direct peer in orthopedic musculoskeletal disorders with strengths in spine, extremities (including foot & ankle), and surgical robotics. Its extremities portfolio and surgeon-driven GTM model directly compare to Enovis Surgical and Trilliant foot & ankle franchises.
  • Integra LifeSciences: Integra LifeSciences is a direct peer in surgical implants, orthopedics, and tissue technologies with comparable footprint in extremity reconstruction, foot & ankle, and specialty surgical solutions. It targets similar surgeon customers and ambulatory surgery center channels.

Broad incumbents

  • Zimmer Biomet Holdings: Zimmer Biomet is a leading orthopedic joint reconstruction and surgical implant incumbent with hip, knee, shoulder, and extremities products that directly overlap Enovis Surgical's Mathys and DJO Surgical lines. It also competes in sports medicine and bracing adjacent categories, making it a primary incumbent peer.
  • Smith & Nephew: Smith & Nephew operates orthopedics (joint reconstruction, extremities), sports medicine, and advanced wound management businesses. Its orthopedic reconstruction and extremities (incl. foot & ankle) franchises directly compete with Enovis Surgical and Trilliant product lines.
  • Stryker Corporation: Stryker is a large diversified medical device incumbent with overlapping orthopedic implants (hips, knees, shoulders), surgical equipment, and rehabilitation products. It competes head-to-head with Enovis Surgical across joint reconstruction and is materially larger and broader in portfolio, making it the most consequential broad incumbent competitor.
  • Johnson & Johnson (DePuy Synthes): DePuy Synthes is Johnson & Johnson's orthopedics business covering joint reconstruction, trauma, spine, and sports medicine. It competes broadly with Enovis Surgical implants and Mathys hip/knee lines and has meaningfully greater scale and hospital contract leverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Colfax Corporation social profiles

Digital presence

Colfax Corporation compliance and trust

Trust signal

Compliance1 record

Colfax Corporation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Colfax Corporation leadership team

Management profile

Number of profiles

Profiles3 records

Colfax Corporation subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Colfax Corporation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Colfax Corporation M&A and investment

M&A and investment

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Colfax Corporation

What does Colfax Corporation do?

Colfax Corporation's medical technology business (now operating as Enovis Corporation) designs, manufactures, and sells orthopedic medical devices and surgical products across the continuum of musculoskeletal care. Core offerings include surgical implants (hip, knee, shoulder/upper extremity, foot and ankle), orthopedic bracing and supports, bone growth stimulation devices, electrotherapy and rehabilitation systems, and healthcare workflow software platforms. Products are sold under multiple brands including DonJoy, Aircast, Chattanooga, Compex, Enovis Surgical, Mathys, Procare, Exos, and Trilliant.

Is Colfax Corporation a public or private company?

Colfax Corporation is a public company. It is classified as public and is currently operating.

When was Colfax Corporation founded?

Colfax Corporation was founded in 1995. It employs 5,001 to 10,000 people.

Where is Colfax Corporation based?

Colfax Corporation is headquartered in Richmond, United States, in the North America region.

How does Colfax Corporation make money?

One revenue line is on record: medical Devices and Surgical Products.

Who are Colfax Corporation's main competitors?

Direct peers on record are Ossur hf, Bauerfeind AG, medi GmbH & Co. KG, Conmed Corporation, Globus Medical and Integra LifeSciences. Broad incumbents are Zimmer Biomet Holdings, Smith & Nephew, Stryker Corporation and Johnson & Johnson (DePuy Synthes).

Does Colfax Corporation have an API?

No public API is recorded for Colfax Corporation.

What industry is Colfax Corporation in?

Colfax Corporation's product category is Orthopedic Medical Devices. Its primary akta.pro industry code is HLAHAEAA, Orthopedic Joint Reconstruction Implants (Hip/Knee/Shoulder/Elbow/Ankle), with a secondary code of HLAHAEAB, Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation). Its NAICS code is 339113 and its SIC code is 3842.

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Live signals
openPR.comVisual Search Technology Market Size, Trends Analysis 2033 by Key Vendors-Colfax, ITW, Kobelco, Lincoln Electric, Voestalpine, SumitomoVerified Market Reports published an analysis projecting the global Visual Search Technology Market to grow from USD 3.5 Billion in 2024 to USD 12.1 Billion by 2033, driven by AI and machine learning advancements. The report identifies key industry players such as Colfax, ITW, and Lincoln Electric, while highlighting trends like multimodal AI systems and AR-powered discovery tools. It also outlines market drivers including e-commerce adoption and restraints such as high implementation costs and data privacy concerns.EIN PresswireWelding Products Market Anticipated to Grow at 6.9% CAGR Through 2029: Industry ReportThe Business Research Company released its Welding Products Global Market Report 2025, projecting the global welding products market will grow from $16.55 billion in 2024 to $22.55 billion by 2029, representing a compound annual growth rate of 6.9%. Key growth drivers include increasing demand from renewable energy, lightweight materials across industries, oil and gas sector expansion, aging infrastructure maintenance, and defense industry requirements. The Asia-Pacific region held the largest market share in 2024, with major industry players including Lincoln Electric, Colfax Corporation, Illinois Tool Works, and Ador Welding listed as key market participants.PR NewswireGlobal Foot Orthotic Insoles Market Report 2022: Industry to Reach $4.5 Billion by 2028 at a 5.9% CAGRResearchAndMarkets.com has added a new market report forecasting the global foot orthotic insoles market to reach $4.5 billion by 2028, growing at a 5.9% CAGR. The report identifies rising occurrences of plantar fasciitis and advanced scanning technologies as primary growth drivers, while high raw material costs act as a restraint. Key industry players profiled include Materialise NV, Colfax Corporation, and Ossur Hf.GlobeNewswireColfax Announces Expected Completion Date of April 4, 2022 for Spin-Off of ESAB CorporationColfax announced a pro rata distribution of 90% of ESAB's common stock to shareholders of record as of March 22, 2022, with the distribution expected on April 4, 2022. The reverse stock split will be one-for-three, and Colfax will retain 10% of ESAB shares to divest within 12 months. Trading of ESAB shares begins March 21, 2022, under 'when-issued' symbol ESAB WI.GlobeNewswireColfax Corporation Announces Fourth Quarter and Full Year 2021 ResultsColfax Corporation reported Q4 net income of $10 million and adjusted EPS of $0.59, up 16% year-over-year. Full-year adjusted EPS was $2.14, with sales of $1,023 million up 24%. The company plans to separate into two independent public companies near the end of Q1 2022.GlobeNewswireColfax Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference CallColfax Corporation announced it will issue a press release with Q4 and fiscal year 2021 financial results on February 22, 2022, and hold a public conference call at 8:00 a.m. Eastern. The call will be open to the public via phone and webcast, with a replay available later that day.GlobeNewswireColfax to Present at the 40th Annual JP Morgan Healthcare ConferenceColfax Corporation announced it will present at the J.P. Morgan Healthcare Conference on January 12, 2022, with a live stream available on its website. The company plans to split into two independent public companies, Enovis and ESAB, by the end of the first quarter of 2022.GlobeNewswireColfax Announces Plans for Reverse Stock SplitColfax Corporation announced plans to hold a special meeting on February 28, 2022 to seek approval for a reverse stock split of its common stock at a ratio of one-for-two, one-for-three, or one-for-four. The split would accompany the separation of its fabrication and medical businesses into ESAB and Enovis, with the exact ratio to be determined by the board.GlobeNewswireColfax Corporation Announces Third Quarter 2021 ResultsColfax Corporation reported Q3 2021 adjusted EPS of $0.54, up 32% year-over-year, with sales of $966 million rising 20%. The company made progress on its planned Q1 2022 separation into two independent companies, naming the new medical technology business Enovis.BenzingaColfax Clocks 20% Sales Growth In Q3, Beats EstimatesColfax Corp reported a 20% year-over-year increase in third-quarter sales to $965.89 million, beating analyst estimates for both revenue and adjusted EPS. The company is proceeding with the planned tax-free spin-off of its ESAB business into a new entity named Enovis during the first quarter of 2022.