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SmartTRAK Life Sciences News and Analysis Blog

2 min read

SAWC Fall 2021 - The Return of In-Person Wound Care Conferences

By Gary Delhougne on 11/22/21 10:00 AM

Clinical and industry attendees return to in-person conferences but product launches were limited.

It has been more than two years since the last in-person Society for Advancement of Wound Care (SAWC) meeting and based on attendance at this year’s meeting in Las Vegas (October 29-31), wound care clinicians and exhibitors were ready to be live and in person again.

SmartTRAK returned to the conference in person too and walked the exhibit floor, attended symposia and talked to exhibitors and clinicians to understand the latest trends in the US market for Advanced Wound Care, which is projected to reach
* by 2025E according to SmartTRAK estimates. Two dominant takeaways emerged from SAWC Fall 2021, including the enthusiastic return of in-person wound conferences and only a limited selection of new product introductions.

Topics: Wound Care
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2 min read

Meet Shelly Caruso - Market Analyst/Medical Writer

By Thomas Wallick on 11/19/21 10:00 AM

We are pleased to announce that Shelly Caruso has joined the team at SmartTRAK as a Market Analyst/Medical writer. Shelly has 8+ years in clinical healthcare, 4+ years neurosurgical and orthopedic intraoperative nursing working with medical devices at trauma centers and outpatient facilities, including cranial, spine, sports med, total joint and extremity. Shelly has a BA in economics and BSN in nursing and is a certified editor and member of The American Copy Editors Society.

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3 min read

Start Up Spotlight - Panther Orthopedics: Superelastic Orthopedic Fixation Devices

By Nick Fitzpatrick on 11/16/21 9:00 AM

Silicon Valley-based Panther Orthopedics provides nitinol superelastic fixation devices for the orthopedic trauma and sports medicine markets

Panther Orthopedics is an orthopedic medical technology company focused on developing superelastic fixation devices for trauma and sports medicine applications. The company’s first product, the PUMA system, is the only FDA-cleared superelastic fixation device and is indicated for syndesmosis fixation, hallux valgus reconstruction, and tarsometatarsal fixation. The PUMA System is the first and only FDA cleared superelastic fixation device that maintains continuous compression without creep.

Topics: Orthopedics
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3 min read

Meet Amy Johannson - QC Manager

By Thomas Wallick on 11/12/21 9:37 AM

We are pleased to announce that Amy Johannson has joined the team at SmartTRAK as QC Manager. Amy has broad B2B industry experience leading teams in driving quality results across complex projects including previous roles at AutoWeb and Kelley Blue Book.

Meet Amy Johannson:

What is your role with SmartTRAK? I was just brought on board full time as the QC Manager. Prior to this I was a QC Auditor helping to bring consistency to all our Company and product profiles.

What do you like about SmartTRAK? SmartTRAK is one of the most collaborative and supportive environments I’ve ever worked in. Ideas are heard and thoughtfully considered. The level of detail that goes into these profiles is tremendous and it shows the dedication the staff has to their work.

Topics: Meet The Team
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2 min read

Pushing the Envelope: Q221 CAS Spine Market Recap

By Elise Wolf on 11/11/21 11:26 AM

Enabling tech continued to assist above-market growth in Q221 with continued demand for spine robotics and navigation systems. New developments in augmented reality, artificial intelligence and smart instruments continue to push the envelope in the spine space.

The WW Spine CAS market, the US Spine Robotics market and the US Spine Navigation market were all up significantly in Q221 according to SmartTRAK Financial DashboardMedtronic* (MDT) remained the market leader with > 50% share, followed by Globus* (GMED) and other enabling tech competitors including Brainlab*DePuy Synthes* (JNJ) and Stryker* (SYK). For detailed Q221 revenues and shares by company in the US, EU and ROW, see the SmartTRAK CAS Spine Financial Dashboard*

Among the many topics, including company revenues, market shares, charts and expert analysis, covered in the comprehensive Q221 CAS Spine Market Recap* are:

Topics: Spine CAS Spine
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3 min read

OsStic: Adhesive Technology for Ortho & Beyond - An Interview w/ CEO Philip Procter

By Lisa Mahan on 11/5/21 9:27 AM

Philip Procter, CEO of GPBio & Co-founder of Biomimetic Innovations, shares the OsStic journey of discovery and its path to commercialization in an interview with SmartTRAK

Philip Procter started on a quest several decades ago to solve trauma hardware failure in patients through the development of an adhesive solution. The journey began in earnest after a UK meeting with craniomaxillofacial surgeons facing difficult problems they felt could only be solved with an adhesive technology in combination with implants. Procter was convinced early on that the adhesive solution would have to come from nature studying everything from gecko-based technology to sticky frogs in Australia to Mytilus edulis (common mussel) food protein. But it was after demonstrating the potential of a prototype glue in Sweden in 2014 that his journey led him to become a faculty member of the University of Uppsala, Sweden, and he and his partner Dr Gerard Insley working together with Professor Håkan Engqvist and a team of students developed the technology that is known today as OsStic: a technology with the potential to join implant to bone, bone to bone, soft tissue to bone, and soft tissue to soft tissue.

GPBio and PBC Biomed, both Irish-based companies, joined forces in 2020 to develop and commercialize the OsStic bone adhesive technology through the formation of a new company, Biomimetic Innovations Ltd. Company CEO Philip Procter shared more about the OsStic technology, how it came about and next steps for bringing the product to market in an interview with SmartTRAK’s Lisa Mahan. To find out more about the Company and its operation, click on the following video to listen to the interview, recorded via Uberconference. (17:49 min) A link to download a complete transcript of the interview is also provided below.

Topics: Orthopedics
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2 min read

Robotics Are Heating Up the Market: Q221 CAS Ortho Recap

By Elise Wolf on 11/4/21 1:21 PM

Robotics continued to help fuel growth in orthopedics in Q221 as new products and companies heat up the market and enabling technologies gain momentum across TJR.

Once again, robotics contributed to revenue growth in the orthopedics market in Q221 and competition continues to heat up with several regulatory clearances and other developments from new market entrants in the quarter. Aside from robotics, enabling technology including intra-operative augmented reality, preoperative planning and navigation reached a number of milestones in Q221 across all indications in total joint replacement.

Among the many topics, including company revenues, market shares, charts and expert analysis, covered in the comprehensive Q221 CAS Ortho Market Recap* are:

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4 min read

VIVEX: The Best-Kept Secret in Biologics - An Interview with CEO Peter Wehrly

By Sharon O'Reilly on 10/29/21 8:55 PM

Pete Wehrly, CEO of VIVEX Biologics, discusses the Company and its diverse portfolio in orthopedics and wound care in an interview with SmartTRAK

In an interview with SmartTRAK, VIVEX Biologics’ CEO Pete Wehrly discusses how VIVEX’ diverse portfolio of regenerative solutions in orthopedics and wound care can potentially turn the regenerative medicine industry on its ear with an eye towards proving, through economic and clinical evidence, that its technologies are better than anything on the market today.

To find out more about the Company, its technologies and what’s next in terms of clinical research and reimbursement, click on the following video to see the interview recorded live at the North American Spine Society (NASS) Annual Meeting held in Boston Sept 29 to Oct 2, 2021 (11:24 min). A link to download the complete transcript of the interview is also provided below.

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4 min read

A Modern Day Approach for Ordering DME Supplies: An Interview with David Gelbard

By Susan Paquette on 10/29/21 10:56 AM

In an interview with SmartTRAK, Parachute Health CEO David Gelbard discusses the Company and its novel, online DME ordering system for medical devices and supplies that benefit the patient, provider and supplier eliminating the challenges of the ancient fax world.

Parachute Health has implemented a novel, online ordering system that is used for a variety of DME supplies including mobility, sleep therapy and respiratory aids, along with diabetes, wound care, ostomy and urology incontinence supplies. The system benefits the patient, provider and supplier by creating a win, win, win for all and eliminates the challenges of the back-and-forth approval process associated with faxing requests.

In an interview with SmartTRAK, Parachute Health’s CEO, David Gelbard said he founded the Company because his father did not receive an important DME supply after leaving the hospital, causing him to fall at home and requiring additional care. David’s vision for the Company is to establish the infrastructure for DME supplies such that its ease-of-use replicates that of ordering shoes on Amazon or swiping your credit card at a local coffee store. Today, the Company operates across the US at 40,000 different sites of care, from hospitals, nursing homes and doctor’s offices to home health and hospice agencies, and has a network of over 100,000 physicians and prescribers—a number that is rapidly growing. To find out more about the Company and its operation, click on the following video to listen to SmartTRAK’s interview with David Gelbard, recorded via Uberconference (23:35 min). A link to the complete transcript of the interview is also provided below.

Topics: Wound Care
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9 min read

Recent Advanced Wound Care News & Developments: SAWC Know Before You Go

By Thomas Wallick on 10/26/21 9:30 AM

It's time to get out there again and reconnect. SmartTRAK is excited to be attending SAWC Fall, the Symposium on Advanced Wound Care in Las Vegas, Nevada, October 29-31. Gary Delhougne, our new GM,  Wound, will be representing SmartTRAK at the meeting. Please reach out if you would like to meet with Gary in Nevada and see what SmartTRAK can do for you. We've also put together an overview of the latest AWC news to give you a little head start before you get to Vegas.

At SmartTRAK, we constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, patents, trends, new products, financial data and competitor developments in the global Life Sciences industry. The following is just a small sampling of recent Advanced Wound Care related news and updates from around the world compiled, reviewed and posted in real time every day by the expert analysts at SmartTRAK.

Markets:

  • Advanced Medical Solutions*

    AMS announced that they became part of the NHS Shared Business Services (NHS SBS) framework in the UK w/ their range of advanced wound care dressings. The agreement covers health and corporate services including, e.g., IT, legal, estates & facilities and business services.

  • Foam Dressings in Europe
    Foam is the leading dressing category in the TOP5 EU countries except for Italy, where antimicrobial dressings head up the market in 2020. France owns 36% of the EU Foam market followed by Germany w/ 22%, UK w/ 14%, Spain w/ 8% and Italy w/ 3%. SmartTRAK Europe Market Reports 

  • Winner Medical*
    Winner Medical reported from their participation in the 85th China International Medical Equipment (Autumn) Expo (CMEF) in Shenzhen, China. Winner exhibited their market areas, mainly wound care and infection prevention, for professional care and home care.<

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Topics: Wound Care
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