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SmartTRAK Life Sciences News and Analysis Blog

1 min read

SmartTRAK Reports from Paris: EWMA 2022

By Lennart Stadler on 7/5/22 9:30 AM

SmartTRAK reports that challenging conditions lead to minimal innovation in Paris.

It was third time lucky for the approximately 3,500 attendees of the 2022 European Wound Management Association (EWMA) conference in Paris. Although not yet back to a pre-pandemic number of participants, it was encouraging to see an international presence without the barrier of COVID-19 restrictions. Previous dates in 2020 and early 2022 fell to the pandemic, so great credit goes to the organizers and exhibitors for persevering and delivering a positive and engaging event.

Among the many topics covered in this SmartTRAK perspective article, which you can download here, are:

  • MDR Consuming R&D Resources
  • Clouds over Germany - Is There a Silver Lining?
  • Establishing a European Foothold
  • The Trend in Using Fewer Layers in Compress
Topics: Wound Care
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2 min read

A Bumpy Ride: Q122 Spinal Cord Stimulation Market Recap

By Anne Staylor on 6/30/22 9:30 AM

Q122 SCS Market revenues were up in the low-single digit YoY, but pandemic-related issues made it a bumpy ride

For Q122, the spinal cord stimulation (SCS) market was up in the low-single digits YoY in both the US and WW, but pandemic-related issues made it a bumpy ride. The market was down from pre-pandemic levels for most competitors, still weakened by pandemic disruption, staffing issues and a limping recovery. 
 

Among the many topics covered in detail in our comprehensive Q122 Spinal Cord Stimulation Market Recap* are:

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2 min read

Alternative Posterior Fixation: An Interview with Rick Simmons at ISASS 2022

By Courtney Sheedy on 6/28/22 9:30 AM

Spinal Elements provides an in-depth look at the Company’s novel Karma Fixation System and what’s next for the technology at ISASS 2022

Spinal Elements Chief Marketing Officer Rick Simmons provides SmartTRAK an indepth look at the Company’s Karma Fixation System, a low-profile alternative to traditional pedicle screw technology, at the International Society of the Advancement for Spinal Surgery (ISASS) 2022 Annual Conference held June 1-4 in the Bahamas. Karma implants consist of a high-performance polymer, enabling an almost completely radiolucent approach to stabilizing the lumbar spine, as an adjunct to fusion and are designed to engage more predictably strong cortical bone. Click on the following video to find out more and see a demonstration of the current technology (7:00 min).

Topics: Orthopedics
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2 min read

New Product Offerings in a Busy Quarter: Q122 Extremities Market Recap

By Lisa Mahan on 6/24/22 9:27 AM

The return of elective procedure volumes, new product offerings and a busy first quarter of acquisitions all supported healthy growth for the Extremities Market

While growth drivers varied for specific companies in Q122, the return of elective procedure volumes helped drive double-digit growth for several market players. Stryker*, the Extremities Market leader, benefited from the return of elective procedures in the US. Its US Foot & Ankle and Upper Extremities business segments contributed to the Company’s US Trauma & Extremities growth during the quarter. Stryker also noted during its earnings call that ...

Among the many topics covered in detail in our comprehensive Q122 Extremities Market Recap* are:

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2 min read

Soft Tissue Fixation Rebounds: Q122 Market Recap

By Andy Knapik on 6/22/22 11:10 AM

Soft Tissue Fixation Rebounds in Q122

After a slow end to 2021, Soft Tissue Fixation bounced back with procedure volumes rebounding in the first quarter of 2022. With 2021 being a year of ups and downs due to the COVID pandemic, staffing shortages and supply chain issues, the start of 2022 looked to be no different. However, even though the quarter started off a bit sluggish, it picked up steam quickly and ended on a positive note with worldwide Soft Tissue Fixation revenues up +7.5% over Q121.

Among the many topics covered in detail in our comprehensive Q122 Soft Tissue Fixation Market Recap* are:

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3 min read

Opportunities in Neuromodulation: Abbott at INS 2022

By Anne Staylor on 6/20/22 10:11 AM

Ryan Lakin, Abbott DVP of R&D, discusses opportunities in neuromodulation in an interview with SmartTRAK at INS 2022

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2 min read

Revenues on the Rise: Q122 US Surgical Matrices Market Recap

By Doug Devens on 6/17/22 12:34 PM

Surgical matrices procedures appear back to near pre-pandemic levels, with revenues on the rise

With elective procedures in the United States mostly back at pre-pandemic levels, the US Surgical Matrices Market returned to what had been normal growth in Q122, gaining +5.7% YoY according to SmartTRAK Financial Dashboard. AbbVie* continued to lead the Surgical Matrices Market, though it was approximately flat, while Becton Dickinson* (BD) grew strongly.

Among the many topics covered in detail in our comprehensive Q122 US Surgical Matrices Market Recap* are:

Topics: Wound Care
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2 min read

Moving Past COVID: Q122 WW Advanced Wound Care Market Recap

By Gary Delhougne on 6/16/22 9:38 AM

WW Advanced Wound Care growth settles to a traditional mid-single digit growth rate as global wound care moves past COVID-19.

Topics: Wound Care
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2 min read

The Effect of Clinical Trial Investment On Hernia Matrices Revenues

By Doug Devens on 6/14/22 9:30 AM

SmartTRAK investigates recent trends in hernia repair clinical trials and how these trends relate to competition in the hernia repair market. Using a new SmartTRAK tool to analyze data in clinicaltrials.gov, SmartTRAK describes shifting trends in hernia repair research with company-sponsored studies and randomized controlled trials (RCTs)

Topics: Wound Care
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2 min read

SmartTRAK is Seeking an Account Manager-Customer Success

By Ray Luzi on 6/10/22 10:12 AM

Are you looking for a position that gives you a big picture view of everything that is going on in the world of life sciences? Do you have business experience in the medical device industry? If so, we would love to talk with you.

We are BioMedGPS, the creators of the SmartTRAK platform. We are the leading strategic advisory and healthcare analytics provider in the life sciences industry. Our team is once again expanding and seeking an Account Manager who can grow with us. The Account Manager will be responsible for creating and maintaining strategic relationships with our medical device clients. Learn More and Apply

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2 min read

Procedure Volume Recovery Isn't The Only Trend: Q122 Total Joints Market Recap

By Lisa Mahan on 6/9/22 9:30 AM

Procedure volume recovery is not the only trend on SmartTRAK’s radar

Procedure volume recovery continues to be a trend on everyone’s radar from industry execs to healthcare providers. In Q122, the Knee Replacement Market in the US seemed to experience a much stronger recovery than Hips based on YoY growth rates, according to SmartTRAK Financial Dashboard. However, Knees faced a much easier YoY comp as more knee procedures were postponed in Q121 compared to hips due to their more elective nature. Putting this into perspective, US Hip Market growth along with Knees reinforced the feeling that 2022 procedures will be closer to “normal” as the Total Joints Market recovers from the downsizing caused by COVID.  And, as the industry’s bandwidth for focusing on the pandemic decreases, the emphasis on other trends grows.

Among the many topics covered in detail in our comprehensive Q122 Total Joints Market Recap* are:

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4 min read

INS 2022 Interview with Dr. Marc Russo: Dorsal Horn Dendrite Stimulation for SCS

By Anne Staylor on 6/7/22 9:30 AM

Dr. Marc Russo discusses dorsal horn dendrite stimulation, a new paradigm for SCS, and making it available to all manufacturers in an interview with SmartTRAK at INS 2022

Dr. Marc Russo, president of the International Neuromodulation Society (INS), presented exciting new research on dorsal horn dendrite stimulation (DHDS), a new paradigm for spinal cord stimulation (SCS), at the INS 15th World Congress, held May 21 to 26, 2022 in Barcelona, Spain. In an interview with SmartTRAK, Dr. Russo discusses the proposed mechanism of action for DHDS compared to traditional dorsal column stimulation, six-month study results in 27 patients and what’s next in terms of his research. 

And, in an unprecedented move, Dr. Russo decided not to patent DHDS and said he is giving the novel waveform as a “gift” to physicians, industry and patients, noting that it is deployable on all current SCS devices within the product range. To find out more about DHDS, including its characteristics and Dr. Russo’s vision for a more advanced version that could theoretically even “cure pain,” click on the video below of the interview conducted shortly after his presentation outside the Barcelona International Convention Centre (12:02 min). A link to download the  complete transcript of the interview is also provided below.

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4 min read

WUWHS – A Hybrid Wound Care Event with a Local Touch in Abu Dhabi

By Lennart Stadler on 6/2/22 10:44 AM

WUWHS – a hybrid event with a local touch

Back Into the Water
After having been postponed several times, the World Union of Wound Healing Societies (WUWHS) finally took place in Abu Dhabi in early March and SmartTRAK was there. Mölnlycke* came in hot, launching Avance Solo* in the region, whereas most other companies were represented by local distributors. SmartTRAK noted that the hybrid format was an interesting concept, unfortunately, impacted by technical issues.

The Olympics of Wound Care
WUWHS is similar to the Olympics in the sense that it is an event with a global focus held every fourth year, every time by a new organizer. Like the Olympics, the WUWHS was postponed in 2020 due to COVID-19, the last one was held six years ago, and the pandemic also impacted both attendance and format. A negative COVID test was required both to enter and leave Abu Dhabi, which likely made attendees participate online rather than in person. SmartTRAK estimates that 20% to 30% of the participants were there in person and 70% to 80% participated online. Unfortunately, the event was full of technical issues and there were also many speakers missing when they were supposed to present, which brought down the overall experience for those who attended in person.

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Mölnlycke Launches Avance Solo in the Region
Mölnlycke overshadowed all other companies at the event. It had the largest exhibition, an Innovation Area lounge, a high international presence, held the most lunch symposia and was the only company doing a major product launch.

The Company launched its ...

Topics: Wound Care
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3 min read

Leveraging Government Affairs for Commercial Success: An Interview w/ Jack Kalavritinos

By Gary Delhougne on 5/26/22 9:30 AM

Jack Kalavritinos, Former HHS/FDA Senior Official and Principal of JK Strategies, discusses the importance and benefits of government affairs in medtech

Jack Kalavritinos is the Founder and Principal of JK Strategies, a communications and public policy firm that helps organizations develop winning communication and policy strategies. Jack is also a former senior government official and appointee in HHS, FDA and DOL. Jack has decades of Washington, DC government, political and business experience including in the medtech sector with Covidien.

In this interview with SmartTRAK, Jack shares his thoughts on the benefits to medtech commercial leaders of developing collaborative relationships with their government affairs colleagues. Specifically, SmartTRAK’s interview with Jack covers the next phases of the COVID-19 public health emergency, the potential impact of the midterm elections and ways companies can work with the FDA.

To find out more, including Jack’s take on how medtech commercial leaders can develop relationships with their Representatives and Senators, click on the following video recorded live via Zoom. Outlined below are specific interview topics by the minute. To download a complete transcript of the interview, click here.

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2 min read

Meet with SmartTRAK at ISASS 2022

By Thomas Wallick on 5/25/22 10:03 AM

The SmartTRAK team will be attending the upcoming International Society for the Advancement of Spine Surgery (ISASS) in The Bahamas and we would love to schedule some time to meet. We are particularly excited about this year’s conference program and speakers.

Our team of expert analysts have their finger on the pulse on the spine industry trends, news, financial data and competitor developments. We would like to meet to hear your perspectives and views and discuss how SmartTRAK can help you make more informed strategic business decisions.

Watch the video below to meet Courtney Sheedy, SmartTRAK's GM, Spine


Meet Us at ISASS

Build an Enterprise of Experts, so your
Company can build the next big thing.

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10 min read

What’s New in Neuromodulation for Spring 2022

By Anne Staylor on 5/23/22 11:52 AM

In the market for neuromodulation, companies are developing spinal cord stimulation (SCS), deep brain stimulation (DBS) and other stimulation devices designed to treat a vast range of indications. Current and emerging devices are addressing care gaps in the treatment of chronic pain and movement disorders as well as epilepsy, Tourette syndrome, depression, pelvic floor dysfunction, peripheral artery disease, paralysis and spinal cord injuries.

Companies competing in the market for neuromodulation include Abbott*, Boston Scientific*, Medtronic*, Nevro*, Saluda Medical*, Newronika* and Axonics, just to name a few. To keep you up to speed on what’s new in neuromodulation, SmartTRAK highlights market updates covering clinical developments, patents, new research and other top news from Spring 2022.

SmartTRAK's Anne Staylor, Executive Editor, VP &GM of Neurotherapies, is in Barcelona attending the INS 15th Congress.

The following is just a small sampling of recent neuromodulation updates from around the world compiled, reviewed and posted daily by our SmartTRAK analysts.

Clinical Developments

  • Medtronic*
    • Medtronic announced the first patient implanted in its “Evaluation of Long-term Patient Experience with a Medtronic Closed-Loop SCS System” study of its investigative, closed-loop, ECAP-responsive device to treat back and limb pain. The prospective study is enrolling 90 patients across 10 centers in Australia.
    • A University of Florida-sponsored eight patient clinical trial will evaluate DBS to treat Tourette syndrome targeting two brain regions in each hemisphere of each patient and using two leads in each hemisphere connected to two Percept PC devices. Estimated study completion is Aug 2026. clinicaltrials.gov

  •  Boston Scientific*
    • Boston Scientific received FDA approval of its latest image-guided programming software, Vercise Neural Navigator with STIMVIEW XT. Developed in collaboration with Brainlab*, STIMVIEW XT provides real-time visualization of lead position and simulation modeling for Parkinson’s Disease and essential tremor treatment.
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5 min read

Trends in Product and IT-Driven Innovations: SAWC Spring 2022

By Gary Delhougne on 5/19/22 10:56 AM

Emerging from the COVID-19 era, wound care innovation is driven by smaller companies

In April, the Symposium on Advanced Wound Care (SAWC) Spring 2022 returned to an in-person format for the first time since 2019. Though the turnout was below expectations, attendees enjoyed reconnecting with clinicians, engaging with vendors and catching up with colleagues and competitors.

Despite being three years since the last SAWC Spring, large wound care companies like Smith+Nephew* (SNN), Mölnlycke*, 3M* and others were oddly without major product introductions. SmartTRAK has learned that extended FDA review timelines and supply challenges may be playing a significant role in this reality. Companies have publicly commented that innovation and new product launches are planned for 2022, but timelines must have slipped past the SAWC Spring deadlines.

Regardless, innovation was not completely absent from SAWC Spring as smaller companies introduced new products and more companies exhibited IT-driven diagnostic, measurement and data-capture technologies.

(The SmartTRAK team will be attending the upcoming European Wound Management Association (EWMA) event May 23-25 in Paris. We would love to schedule some time to meet and hear your perspectives and views and discuss how SmartTRAK can help you make more informed strategic business decisions.)

In this article, SmartTRAK highlights new products and novel technologies exhibited at SAWC Spring 2022.

Topics: Wound Care
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5 min read

Wound Care Today 2022 – Looking Ahead with Cautious Optimism

By Kris Flinn on 5/17/22 9:00 AM

Increased wound prevalence meets new software and solutions at WCT 2022.

There was a positive energy in the room at the 5th Wound Care Today (WCT) conference as industry and clinicians came together in Milton Keynes. COVID-19 infection rates remain high in the UK but this is not being reflected in hospitalizations or deaths, leading to a national determination to move forward without restrictions. The pandemic has, however, shaped the priorities of those present and in a range of discussions. SmartTRAK encountered a commercial eagerness to make up for lost time and a looming burden of chronic wounds.

The SmartTRAK team will be attending the upcoming European Wound Management Association (EWMA) event May 23-25 in Paris. We would love to schedule some time to meet and hear your perspectives and views and discuss how SmartTRAK can help you make more informed strategic business decisions.

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5 min read

Total Joints: Trends to Watch in 2022

By Lisa Mahan on 5/16/22 10:27 AM

From economics to the ASC shift, SmartTRAK looks at the trends affecting the Total Joints Market

The start of the new year did not play out as so many of us had hoped. Heading into 2022, the next COVID surge reared its ugly head with the Omicron variant storming through countries around the globe. Healthcare facilities once again postponed elective procedures due to capacity issues and/or staff or patients being diagnosed with COVID. Overall inflation rose to a level that hasn’t been seen since the early 1980s. Looking ahead, is there a silver lining in this dark cloud? SmartTRAK believes the forecast is not all doom and gloom. Let’s look at some of the trends affecting the climate of the Total Joints market.

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2 min read

Trends To Watch in 2022: Injectable Regenerative Medicine Therapies

By Freddy Buntoum on 5/10/22 9:00 AM

From the impact of stringent regulations to the shift toward new indications and rising market segments, SmartTRAK explores some of the trends to watch for in 2022 and beyond.

Orthopedic regenerative medicine therapy as an emerging area of science holds great promise for treating and promoting faster healing in a variety of injuries. There is also a belief among some scientists and industry stakeholders that it may hold the key to halting or reversing degenerative chronic conditions through self-healing. In a previous article, SmartTRAK had highlighted several challenges that Regenerative Medicine therapies would need to overcome to become a fully viable business and recognized treatment solution for patients. In 2021, businesses, societies and health care systems across the world continued to experience disruptions from the COVID-19 pandemic and its subsequent waves of variants. Furthermore, much greater scrutiny and tougher regulations for some of the injectable regenerative medicine therapies were put into place. The start of 2022 is also not quite as “rosy” as most had hoped for ...

Download the complete Injectable Regen Medicine article

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3 min read

Bone Computers that Monitor and Improve Musculoskeletal Health: Osseosurface Electronics

By Nick Fitzpatrick on 5/5/22 12:14 PM

In an interview with SmartTRAK, University of Arizona professor Dr. Philipp Gutruf discusses research on a new class of bioelectronics he calls osseosurface electronics and its application in the orthopedic field. Dr. Gutruf is an Assistant Professor in the Biomedical Engineering Department at the University of Arizona and his research group focuses on creating devices that integrate with biological systems by combining innovations in soft materials, photonics and electronics to create systems with broad impact on health diagnostics, therapeutics and exploratory neuroscience. 

Topics: Orthopedics
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4 min read

The State of Cybersecurity in Healthcare

By Nick Fitzpatrick on 5/3/22 9:00 AM

Jason Winkler, Sales VP of cybersecurity startup Device Authority, discusses the state of cybersecurity in healthcare in an interview with SmartTRAK.

In an interview with SmartTRAK, Device Authority VP of Sales (Americas) Jason Winkler discusses the state of cybersecurity in healthcare and medical devices.

To find out more, including the devices most vulnerable to cybersecurity threats and how medical device manufacturers should think about designing cybersecurity measures into their connected products, click on the following video to listen to the full interview (17:29 min). A link to download the complete transcript of the interview is also provided below.

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3 min read

Real-Time Spinal Navigation: An Interview w/ Pathkeeper Surgical's CEO Erez Lampert

By Nick Fitzpatrick on 4/28/22 9:30 AM

Erez Lampert, CEO and Founder of Israeli start-up Pathkeeper Surgical, discusses the Company’s real-time spinal navigation system that’s generating high interest from ASCs in an interview with SmartTRAK 


In an interview with SmartTRAK, Pathkeeper Surgical CEO and Founder Erez Lampert discusses Pathkeeper’s mobile, light-weight spinal navigation system. 

To find out more, including the timeline for FDA approval and demand from surgeons, hospitals and ASCs, click on the following video to listen to the full interview (22:29 min). A link to download the complete transcript of the interview is also provided below.

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5 min read

Supply Chain and Inflationary Pressures Weigh on Wound Care Companies

By Gary Delhougne on 4/26/22 8:30 AM

Macroeconomic headwinds are projected to continue through the first half of 2022.

Supply chain headaches and inflationary pressures significantly impacted wound care companies in 2021. Though Advanced Wound Care revenue rebounded +11.5% in 2021 according to SmartTRAK’s Financial Dashboard, it was not without strong headwinds of higher input costs, logistical nightmares and labor shortages.

To understand how these macroeconomic trends affected wound care companies, SmartTRAK reviewed quarterly and fiscal year earnings reports from FY21 to see how various wound care companies reported the company-specific impact. From troubles sourcing materials to higher input costs and the need to raise prices, SmartTRAK uncovered a consistent trend of macroeconomic pressures affecting many global and regional wound care manufacturers.

Be The Expert in Wound Care -  Click for FREE SmartTRAK Updates for 30 Days

Topics: Wound Care
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1 min read

Wallaby Acquires phenox GmBH

By Anne Staylor on 4/21/22 6:41 PM

Wallaby Medical announced it has acquired phenox GmbH, including phenox's femtos GmbH, a German-based neurovascular company, for a total of ~$545MM (EUR 500MM) including milestone payments. SmartTRAK previously reported the possibility of the acquisition deal in early March 2022. Wallaby Medical acquiring phenox GmbH is one of the largest recent cross-border transactions in the medical device industry and will enable the Company to provide a wide range of neurovascular solutions to pts in the US, China, Europe, Japan and other international markets.

For more information about phenox, click to read "phenox Takes Aim at US Market with Novel Stroke Devices", SmartTRAK's interview with James Lago, President and CEO of phenox Inc., in which he discusses the Company's novel mechanical thrombectomy device and flow diverter, and what’s next in terms of bringing these technologies to the US market.

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4 min read

Innovators Target Pediatric Hips: Just for Kids

By Lisa Mahan on 4/19/22 8:30 AM

Dr. Mark Figgie, Hospital for Special Surgery, and Nick Deeter, Founder & CEO WishBone Medical discuss their journey to develop a pediatric-specific hip replacement system in an interview with SmartTRAK

Dr. Mark P. Figgie, Chief of Surgical Arthritis Service at Hospital for Special Surgery (HSS) in New York City, and Nick Deeter, Founder and CEO of WishBone Medical discuss their collaboration on the development of the first off-the-shelf hip replacement system for pediatric patients in an interview with   SmartTRAK. Dr. Figgie shares how his 30-year experience with complex joint replacements, many in juvenile patients, led to his collaboration with WishBone medical to create a hip system specifically tailored for pediatric and young adult patients.

To find out more, including the indications for a pediatric hip replacement, the global market implications, and the next steps Dr. Figgie and WishBone will be taking to bring this hip system to the market, click on the video below to listen to the recorded interview (17:53 min). A link to download the complete transcript of the interview is also provided below.

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3 min read

Abbott: Expanding the Ecosystem in DBS - An Interview with Binith Cheeran

By Anne Staylor on 4/13/22 9:50 AM

Abbott’s Binith Cheeran, MD, PhD discusses the latest trends in DBS as well as the Company’s strategies for growth in an interview with SmartTRAK

Binith Cheeran, MD, PhD, Abbott’s senior director of medical and clinical affairs for deep brain stimulation (DBS), discusses the latest trends, research and innovation in DBS in an interview with SmartTRAK. Abbott is focused on growing the market through patient education, improving access to care through its NeuroSphere Virtual Clinic and expanding the ecosystem in DBS through the Company’s connected devices.

To find out more, including Dr. Cheeran’s thoughts on primary cell vs rechargeable devices, use of specific image guidance systems, closed-loop DBS and empowering patients through digital health solutions, click on the video below to listen to the interview recorded online via Zoom (32:45 min). A link to download the transcript of the interview is also provided below.

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5 min read

Trends & Technologies in Total Joints: AAOS 2022

By Lisa Mahan on 4/11/22 9:32 AM

New products and signs of procedural recovery lighten the mood at AAOS 2022

The mood at the American Academy of Orthopedic Surgeons (AAOS) 2022 Annual Meeting was upbeat despite scaled-back attendance and exhibit space. Surgeons and exhibitors alike were excited to get back to in-person discussions about issues in orthopedics, new products hitting the market and the potential for recovery from the impact of COVID. While at the meeting, SmartTRAK met with industry professionals from clinicians to company representatives identifying key takeaways from market drivers and limiters to new product introductions.

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2 min read

Strong Gains with Room to Grow: Q421/FY21 AWC Market Recap

By Gary Delhougne on 4/7/22 9:41 AM

Advanced wound care delivers strong double-digit growth and still has room to grow.

The WW Advanced Wound Care markets regained their form in FY21 as wound care recovered globally after COVID-19 impacted FY20. Advanced Dressings delivered nearly double-digit growth, with Wound Biologics and External Devices also reporting excellent revenue growth vs FY20.

Among the many topics covered in detail in our comprehensive Q421/FY21 AWC Market Recap* are:

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9 min read

SAWC Know Before You Go: Wound Care News and Updates

By Thomas Wallick on 4/4/22 10:46 AM

In just a few days, the first SAWC Spring meeting since the start of the pandemic is set to begin. SmartTRAK has been tracking all the developments in the Wound Care market as the world changes, including how the market has responded to unprecedented times, what new therapies and treatments are being produced and when things might return to a “new normal. The following is a small sampling of SmartTRAK’s Wound Care news updates from the past week to help get you ready for the conference and Be the Expert who makes a difference in the industry.
 
Our SmartTRAK analysts have been compiling, reviewing and posting daily breaking news and developments from the global Wound Care industry. If you’d like to discuss some of these insights, you can also meet up with us at SAWC. Even if you’re not attending, you can sign up for 30 days of Free SmartTRAK Updates and a 15-minute Crash Course.
 

New Products:

  • Cardinal Health* 

    Cardinal Health announced the launch of the first surgical incise drape using Chlorhexidine Gluconate (CHG). The drape features Avery Dennison's patented BeneHold CHG adhesive technology, which helps reduce the risk of surgical site contamination w/ organisms associated w/ SSIs.

  • Coloplast is gradually launching Alprep Pad in select markets. Now available in the UK, Australia and New Zeeland. Alprep Pad is a foam for mechanical cleansing and debridement of wounds.

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2 min read

New Products Offset COVID Headwinds: Q421/FY21 Trauma Market Recap

By Natasha Weeks on 3/31/22 9:30 AM

New product introductions offset slightly weaker Q4 results due to COVID-19 headwinds and international pressure.

While the Trauma segment was not impacted as heavily due to COVID-19 headwinds, companies that play within the space were impacted by deferrals of elective surgeries such as limb restoration. Long bone trauma volumes remained healthy as players cited new product introductions as growth drivers for the segment. 

Among the many topics covered in detail in our comprehensive Q421/FY21 Trauma Market Recap* are:

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2 min read

The Future is Today in Remote Patient Monitoring: An Interview with Scott Laster

By Gary Delhougne on 3/28/22 9:30 AM

Scott Laster, CEO and co-founder of MiCare Path, discusses the present and future of monitoring patients between office visits in an interview with SmartTRAK

Scott Laster is the CEO and co-founder of MiCare Path, a leading platform to connect patients with their providers between visits. Scott is a medical device industry veteran with 15+ years of experience in the trenches launching products and supporting clinicians. In this interview with SmartTRAK, Scott shares his thoughts on the benefits of monitoring patients between office visits, the evolution of reimbursement of remote monitoring and where MiCare Path is going in the future.

To find out more, including Scott’s take on how MiCare Path benefits orthopedic and wound care patients and clinicians, click on the following video recorded live via Google Meet (17:04 min). Specific interview topics by timecode are outlined below. To download a complete transcript of the interview, click here.

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2 min read

Taking a Hit: Q421/FY21 Soft TIssue Fixation Market Recap

By Andy Knapik on 3/25/22 9:28 AM

Soft Tissue Fixation Takes A Hit In Q421

After two quarters of significant growth, Soft Tissue Fixation took a hit in Q421, with another spike in COVID cases negatively affecting procedure volumes. 2021 was a year full of ups and downs due mainly to the COVID pandemic and Q4 was no different. COVID once again brought a new wave of cases, with the Omicron variant taking its toll on Soft Tissue Fixation case volumes resulting in modest YoY revenue declines over 2020.

Among the many topics covered in detail in our comprehensive Q421 Soft Tissue Fixation Market Recap* are:

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10 min read

The Week in Orthopedic Research & Development - March 22, 2022

By Thomas Wallick on 3/22/22 9:30 AM

As the world continues to adapt to the "new normal", even with the possibility of a new variant ahead, SmartTRAK keeps calm and carries on, reporting daily on the challenges still ahead, covering all aspects of the Orthopedic market: Extremities, OrthoBio, Spine, Computer Assisted Surgery, Total Joints, Trauma, Soft Tissue Fixation and EU Extremities and Trauma. And, if you are in Chicago for the big Orthopedics conference this week, make sure you visit us at Booth #4350, or you can schedule a meeting with us...just click here.

SmartTRAK features curated content by our team of industry experts, bringing the most relevant information and insight directly to you in real time. Learn about the latest news, emerging technologies or start-ups to watch, conference happenings and more via articles, videos and interviews.

The following is just a small sampling of recent Orthopedic updates from around the world compiled, reviewed and posted daily by our SmartTRAK analysts.

New Products:

  • Nexxt Spine* 

    Nexxt Spine launches a product-line extension to the NEXXT MATRIXX 3D Printed Porous Titanium portfolio of implants indicated for use in stand-alone ALIF procedures, which features Nexxt Spine’s proprietary 3D laser printed titanium technology. LinkedIn.com

  • DePuy Synthes announced two new additions to its Attune Knee line, Attune Cementless Fixed Bearing Knee w/ AFFIXIUM 3D porous coating (tibial component) and Attune Medial Stabilized Knee.(medial stabilized fixed-bearing insert), that can be used with other Attune components.

  • On FY21 performance, Biogennix’s CEO Chris MacDuff also mentioned the Company saw increasing sales for its newest product, Agilon Moldable, esp in the F&A surgery market. The company also continued to see consistently strong growth of Agilon Moldable in the spine market segment.

Patents:

  • Medtronic*

    Warsaw Orthopedic’s US Patent Application “SPINAL IMPLANT WITH FEATURES FACILITATING INDEPENDENT EXPANSION OF PORTIONS THEREOF & METHOD FOR USE THEREOF” was published describing an implant which facilitates adjustment of lordotic/kyphotic &/or coronal angulation. 20220079770

  • One-Way Adjustable Loop Suture Constructs  

    US Patent “One-Way Adjustable Loop Suture Constructs And Methods Of Forming And Using The Same” was issued describing surgical constructs & methods of use for a one-way adjustable fixation loop for a fixation device, such as a cortical button or plate.11,272,920

  • Acumed’s US Patent Application “HEADLESS COMPRESSION SCREW HAVING AN ATTACHMENT MECHANISM” was published describing a cannulated headless compression screw w/ an attachment mechanism that enables coupling various attachments to the screw. 20220079642

Topics: Orthopedics
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2 min read

Losing Steam Due to COVID: Q421/FY21 Spinal Cord Stimulation Market Recap

By Anne Staylor on 3/18/22 9:30 AM

Spinal Cord Stimulation companies had a strong start in Q421 but the market lost steam as the Omicron variant surged

Despite a strong start for all SCS competitors in Q421, the SCS market started to run out of steam late in the quarter as the contagious Omicron variant surged around the world, slowing elective procedures and resulting in a YoY low-single-digit decrease in SCS revenue in both the US and WW.  For the full year (FY), US and WW SCS revenues were up in the low-double-digits driven by strong YoY results in Q121 and Q221 in which COVID trends improved against easy comps in Q120 and Q220. 

Among the many topics covered in detail in our comprehensive Q421/FY21 Spinal Cord Stimulation Market Recap* are:

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1 min read

2022 Outlook for US Breast Matrices: Recent Trends and Future Impact

By Doug Devens on 3/15/22 8:00 AM

SmartTRAK examines recent trends in breast implants and discusses their future impact on breast matrices.

Breast matrices, whether acellular dermal matrices (ADMs) or biosynthetics, have enabled improved outcomes in implant-based breast reconstruction and have contributed, in large part, to the revival of the prepectoral breast reconstruction technique. As the number of breast implant procedures has grown, so has the use of breast matrices. However, SmartTRAK believes the side effects and health consequences now associated with breast implants, while rare, will negatively impact breast implant usage and thus reduce the growth rate of breast matrices in 2022 and beyond.

In this informative Outlook article by Doug Devens, SmartTRAK's Product Director and Senior Editor, Wound, Doug covers:

  • The Relationship between Breast Surgery and ADM Usage
  • Trends in Implant Usage
  • Recent Concerns that May Affect Breast Implant Usage
  • The Future Outlook for 2022 and Beyond
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3 min read

Meet The Expert: Beth Roach, Account Manager, Customer Success

By Thomas Wallick on 3/14/22 10:28 AM

We are pleased to announce that Beth Roach has joined the team at SmartTRAK as our new Account Manager, Customer Success. The SmartTRAK Customer Success team ensures that our users are realizing the maximum benefit from the platform. The team is a central point of contact for users, in addition to the existing SmartTRAK Sales and Analyst teams, and provides complimentary training (refresher or new user) in person or via video.

If you'd like to discuss your SmartTRAK account with Beth, please reach out to her and she'll be happy to support you.

Meet Beth Roach:

What is your role with SmartTRAK? Account Manager, Customer Success

What do you like about SmartTRAK? There is just so much information all in one place. All news, company profiles, market sizing, product portfolio comparison and so much more all at your fingertips!

Topics: Meet The Team
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2 min read

What's New in Wound Care Reimbursement 2022: An Interview w/ Kathleen Schaum

By Gary Delhougne on 3/4/22 11:36 AM

Kathleen “Kathy” Schaum, President of Kathleen D. Schaum & Associates, discusses her thoughts on the impact of COVID-19 on wound care and reimbursement.

Kathy is a “go-to” provider of wound care reimbursement information, education and strategy to manufacturers and providers. In this interview with SmartTRAK, Kathy shares her thoughts on the impact of COVID-19 on the delivery and reimbursement of wound care and the advancements in remote monitoring, diagnostics and sensors. To find out more, including Kathy’s take on skin substitute/CTP trends, click on the following video recorded live via Google Meet (25:13 min). Specific interview topics by time code are outlined below. A link to the complete transcript of the interview is also provided below.

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2 min read

Q421 Market Recap: US Surgical Matrices

By Doug Devens on 3/3/22 12:55 PM

Procedures using surgical matrices continued their recovery and companies have resumed investing, with revenues surpassing their Q419 levels. 

As the pandemic wanes and procedures are again being scheduled, the US Surgical Matrices market grew strongly in Q421, gaining +12.7% YoY according to the SmartTRAK Financial Dashboard. AbbVie continued to lead the Surgical Matrices market, with Becton Dickinson also growing well ...

Among the many topics covered in detail in our comprehensive Q421 US Surgical Matrices Market Recap* are:

Topics: Wound Care
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2 min read

A New View: AI-Driven Imaging

By Elise Wolf on 3/1/22 9:23 AM

In this article, SmartTRAK reviews the development of AI in healthcare and profiles four companies implementing AI-driven imaging in these spaces.

The US Orthopedic Computer-Assisted Surgery (CAS) Market is one of the fastest-growing markets in orthopedics and is expected to reach revenues of $1.14B by 2025, according to SmartTRAK estimates. The Orthopedic CAS market includes a range of enabling technologies including robotic platforms, navigation systems, surgical planning tools, augmented/virtual reality technology and artificial intelligence (AI). AI is being increasingly incorporated into diagnostics and planning to assist in optimization of surgical decision making and anomaly detection.
 
The prominence of AI and machine learning technologies in medicine has snowballed over the past decade. Diagnostic Imaging and navigation is experiencing a new paradigm of technology through the emergence of AI-driven 3D reconstruction, segmentation and navigation applications. Two areas seeing quick implementation and adoption of these new systems are orthopedic planning/navigation and neurovascular diagnostics. In this article, SmartTRAK reviews the development of AI in healthcare and profiles four companies implementing AI-driven imaging in these spaces.

Download the complete AI-Driven Imaging article

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3 min read

NANS 2022: What's New for Abbott Neuromodulation

By Anne Staylor on 2/28/22 11:11 AM

Abbott’s Allen Burton, MD discusses the Company’s new MRI labeling, expanded payer coverage for DRG, big data and digital initiatives in an interview with SmartTRAK at NANS 2022

Allen Burton, MD, Abbott Divisional Vice President, Medical Director Neuromodulation, discusses Abbott’s latest research and innovation in an interview with SmartTRAK at the North American Neuromodulation Society (NANS) Annual Meeting held January 13-14, 2022.

To find out more, including about the Company’s new MRI labeling, UnitedHealthCare coverage for DRG, big data and the status of Abbott’s digital initiatives, click on the video below to listen to the interview recorded live at NANS 2022. (30:18 min.) A link to download a complete transcript of the interview is also provided below.

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4 min read

Medtronic: The Future of Neuromodulation in 2022 and Beyond

By Anne Staylor on 2/22/22 9:30 AM

Medtronic Neuromodulation executives Dave Anderson and Charlie Covert discuss the Company and the future of neuromodulation in an interview with SmartTRAK at NANS 2022

Dave Anderson, Medtronic’s President Neuromodulation, and Charlie Covert, Vice President and General Manager of Pain Therapies, discuss the Company, pandemic and the future of neuromodulation in a wide-ranging interview with SmartTRAK at the North American Neuromodulation Society (NANS) 25th Annual Meeting held January 12-15, 2022 in Orlando, Florida.

To find out more about the Company’s newest innovations, expanding indications*, clinical research and strategies for driving growth in spinal cord stimulation (SCS) and deep brain stimulation (DBS), click on the following video recorded live at NANS 2022. (33:45 minutes.) Specific interview topics by time code are also outlined below. To download a complete transcript of the interview, click here.

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3 min read

An Interview with Nevro's D. Keith Grossman

By Anne Staylor on 2/16/22 10:00 AM

D. Keith Grossman, chairman, CEO and president of Nevro Corporation, discusses the Company, expanding indications and driving growth through innovation and evidence in an interview with SmartTRAK

Nevro’s Keith Grossman expects randomized controlled trials and recent FDA approvals for expanded indications--painful diabetic neuropathy (PDN) and non-surgical refractory back pain (NSRBP)--to provide a competitive edge and help drive growth in the market for spinal cord stimulation (SCS). To find out more, including Grossman’s take on Medtronic’s recent FDA approval for the diabetic peripheral neuropathy (DPN) indication, click on the following video recorded live* via Google Meet (40:20 min). Specific interview topics by time code are also outlined below. If you would like to download a complete transcript of the interview, please click here.

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2 min read

Current and Emerging Trends in Hernia Outcomes Research

By Doug Devens on 2/11/22 9:30 AM

SmartTRAK highlights current and emerging trends in hernia outcomes research presented at the European Hernia Society – Americas Hernia Society Joint Congress held in Copenhagen.

by Doug Devens - Sr Analyst, Biosurgery, IT Product Director

Changes in hernia regulations and evolving views on how to study the performance of hernia matrices have fueled a growing interest among hernia researchers in using different methods and data sources to measure outcomes associated with these devices. In this article, SmartTRAK highlights current and emerging trends in hernia outcomes research presented at the European Hernia Society – Americas Hernia Society Joint Congress (Hernia2021), in Copenhagen, including the increasing use of registries and their relative advantages and disadvantages compared to the gold standard randomized controlled trial (RCT). ­

Topics: Wound Care
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10 min read

The Week in Orthopedics Research & Development

By Thomas Wallick on 2/10/22 9:30 AM

As the world slowly adapts to the "new normal",  SmartTRAK continues to report daily on the challenges still ahead, covering all aspects of the Orthopedic market: Extremities, OrthoBio, Spine, Computer Assisted Surgery, Total Joints, Trauma, Soft Tissue Fixation and EU Extremities and Trauma. And, if you are going to Chicago for the big Orthopedics conference in March, visit us at Booth #4350 or you can schedule a meeting with us...just click here.

SmartTRAK features curated content by our team of industry experts, bringing the most relevant information and insight directly to you in real time. Learn about the latest news, emerging technologies or start-ups to watch, conference happenings and more via articles, videos and interviews.

The following is just a small sampling of recent Orthopedic updates from around the world compiled, reviewed and posted daily by our SmartTRAK analysts.

New Products:

  • Journey ll* - Smith+Nephew*

    Smith+Nephew announced the first completed surgery using its JOURNEY II Medial Dished (MD) System for total knee arthroplasty. The procedure was performed by Dr. Ran Schwarzkopf, Orthopedic Adult Hip and Knee Reconstruction at NYU Langone Health.

  • Zimmer Biomet is anticipating the launch of Persona* cementless knees later in 2022 incorporating a design for improved press-fit fixation. The Company has < 10% penetration in cementless w/ runway ahead for the new knee to take off. ZBH Q421 Earnings Transcript on Unhedged.com

  • On FY21 performance, Biogennix’s CEO Chris MacDuff also mentioned the Company saw increasing sales for its newest product, Agilon Moldable, esp in the F&A surgery market. The company also continued to see consistently strong growth of Agilon Moldable in the spine market segment.

Patents:

  • CONMED* 

    Conmed’s US Patent Application “Dual Expansion Anchor” was published describing a suture anchor with an expanding function for biceps tenodesis. 20220039792

  • Expandable Intervertebral Device

    A US Patent Application “EXPANDABLE INTERVERTEBRAL DEVICE,” submitted by the Moskowitz Family, LLC of Rockville, MD was published describing a universal zero-profile expandable intervertebral spacer device for fusion & distraction throughout the entire spine. 20220039963

  • Howmedica Osteonics’ US Patent Application “ORTHOPEDIC SURGICAL PLANNING BASED ON SOFT TISSUE AND BONE DENSITY MODELING” was published describing virtual surgery planning using a mixed-reality headset display. 20220039868

Topics: Orthopedics
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5 min read

SmartTRAK’s 2022 Outlook for the US Skin Substitute/CTP Market

By Gary Delhougne on 2/8/22 9:30 AM

From Site of Care Migration to the Impact of Reimbursement Changes SmartTRAK evaluates market trends to watch for in 2022.
by Gary Delhougne, GM Wound

The Skin Substitute/CTP (Cellular and/or Tissue-based Products) market is undergoing significant growth and change. Reimbursement motives, COVID-19 and clinician site of care decisions had a profound impact on the market in 2020 and 2021. The growth outlook for 2022 remains strong as providers and industry adapt to unique market conditions.

SmartTRAK estimates the 5-year CAGR (compound annual growth rate) through 2025 for Skin Substitutes/CTP products to be in the mid to high single digits. In 2020, industry revenue surpassed $1B and SmartTRAK expects the market to pass $1.5B by 2025.

To better understand the impact of site of care changes, SmartTRAK launched a new subscription module specifically covering site of care changes occurring in the Skin Substitute/CTP market. It’s SmartTRAK’s fastest-growing new product offering and you can learn more by clicking here.

As SmartTRAK looks to 2022, we see three trends to consider for the Skin Substitute/CTP market –

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3 min read

Meet The Expert: Kris Flinn, Analyst, Wound Care

By Thomas Wallick on 2/7/22 1:37 PM

We are pleased to announce that Kris Flinn has joined the team at SmartTRAK as an analyst in Wound Care. Kris has 20+ years of experience within wound care, including Smith & Nephew. Kris recently ran a consultancy focusing on assisting med device companies with commercial strategies. He is based in England.

Meet Kris Finn:

What is your role with SmartTRAK? I’m an analyst within the wound team, with a particular focus on NPWT in Europe.

What do you like about SmartTRAK? The quality of the information and analysis produced is excellent, and something which does not exist anywhere else. All of the team members are true experts in their field, and have the experience and networks to prove it.

What is something special or unique that you bring to SmartTRAK subscribers?

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1 min read

ConvaTec Acquires Triad Life Sciences, Cites SmartTRAK in Press Release

By Thomas Wallick on 2/1/22 9:30 AM

SmartTRAK, the leading source of competitive intelligence used by the top ten global orthopedic wound care companies, was once again cited as a trusted source, this time in ConvaTec's press release "Entry into the attractive wound biologics segment through the acquisition of Triad Life Sciences Inc" published January 28th.

ConvaTec, in the press release, stated that it was " ...

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2 min read

Emerging Leaders in Regen Med: A Talk with Jointechlabs' CEO Nathan Katz

By Freddy Buntoum on 1/31/22 2:56 PM

Jointechlabs – Emerging leader in point-of-care regenerative and rejuvenation medicine therapies

Nathan Katz PhD, ALBB, Co-founder, CEO and Chief Technical Officer at Jointechlabs* (JTL) discussed the Company’s unique technology platform and product developments in a recent interview with SmartTRAK.

Download the Nathan Katz Interview Transcript

JTL is a privately-held regenerative medicine solutions company based in North Barrington, IL. As an emerging leader in point-of-care regenerative and rejuvenation medicine therapies, JTL has patented, portable medicine products that enable personalized therapies. The Company’s lead product, MiniTC*, is an FDA-cleared portable medical device for isolation of fragmented and purified fat grafts (microfat) at the point-of-care. Additionally, JTL is developing therapies for unmet medical needs, with its first product candidate, JTL-T-01*, a proprietary injectable stem cell scaffold in clinical development as a biologic therapy for osteoarthritis, for approval under the FDA’s fast-track program.

SmartTRAK: Can you first tell us a little bit about yourself and then about Jointechlabs?

Nathan Katz: I have a medical background. I graduated from medical school back many years ago in Russia, then graduated from Tel Aviv University and acquired my Master’s Degree and PhD in Cell Biology. I came to the US 16 years ago, first, working on genetics and embryonic stem cells. I spent quite a lot of time in research with embryonic stem cells in the first decade of this millennia and then I was looking for the technology that could be translated into applicable medical technology and translated into therapy.

Adult stem cells came up as the first and obvious choice to look at more precisely, so we shifted, and I shifted personally, my focus from embryonic stem cells towards adult stem cells. I came across PadZuke, and Patricia, who published the first publication on actual adipose-derived stem cells in 2001. My idea was that it is the right way to go and could lead to ...

To read the entire interview with Dr. Katz, please click the button below to download the complete transcript.Download the Nathan Katz Interview Transcript


SmartTRAK is the leading source of competitive intelligence used by the top ten global wound care & orthopedics companies. If you would like a demo of what SmartTRAK has to offer and how we can help increase proficiency, improve productivity and reduce costs for your company, just click here.

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2 min read

Meet The Expert: Tracey Clarke, Account Manager, Customer Success

By Thomas Wallick on 1/31/22 11:37 AM

We are pleased to announce that Tracey Clarke has joined the team at SmartTRAK as our new Account Manager, Customer Success. Tracey has 20+ years experience in the Print and Digital Communications industry, including roles as a Client Relations Manager and IT Project Manager at Broadridge Customer Communications and DST Output LTD.

Meet Tracey Clarke:

What is your role with SmartTRAK? I am an Account Manager on the newly established Customer Success team.

What do you like about SmartTRAK? This is an exciting time to be starting at SmartTRAK. There are many positive changes happening and I am enjoying the opportunity to see the outcome. I feel very fortunate to be with a company that helps others Be the Expert.

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5 min read

SmartTRAK's Top 10 Blog Posts of 2021

By Thomas Wallick on 1/25/22 9:30 AM

Despite the seemingly never-ending COVID-19 epidemic, SmartTRAK continued to keep you informed of everything that transpired in the MedTech industry in 2021. As the leading provider of real-time market data and analysis for the orthopedic, wound, regenerative medicine and neuro therapies markets, SmartTRAK is uniquely suited to make you the expert on all the latest developments. Our knowledgeable analysts covered a lot of ground, everything from breaking medical device event coverage to interviews with some of the industry's top thought leaders.

Here are SmartTRAK's Top 10 blog posts of the past year that garnered the most attention from you and your colleagues, plus 3 bonus posts, because at SmartTRAK we always strive to deliver more than what's expected!

Trends in OrthoBiologics & Regenerative Medicine: A Surgeon's Perspective
by Freddy Buntoum

In this wide-ranging interview with SmartTRAK, Dr. Wasik Ashraf, an Orthopaedic Surgeon specializing in Sports Medicine, gives his view of CMS' FY21 OPPS-ASC Final Rulemaking, and discusses emerging trends and innovation in OrthoBiologics and Regenerative Medicine.

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2 min read

Smith+Nephew Cites SmartTRAK in Engage Surgical Acquisition Press Release

By Thomas Wallick on 1/21/22 9:30 AM

SmartTRAK was cited as a source in a press release from Smith+Nephew* entitled "Smith+Nephew acquires novel cementless partial knee system."

Smith+Nephew, in the release, announced that it has acquired Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. The article cited SmartTRAK's reporting that "the partial knee market is currently worth approximately $300 million in the US".

The press release goes on to say that "This acquisition strongly supports Smith+Nephew’s strategy for growth by transforming its business through innovation and acquisition, while also providing differentiation for its customers. The Engage Surgical Partial Knee System is a novel, modern cementless knee implant to serve a resurgent segment driven by the potential for better long-term fixation through biologic integration, shorter operating times, and the shift to Ambulatory Surgery Centers (ASCs)."

Randy Kilburn, Exec VP & GM, Reconstruction, Robotics and Digital, added:

“Smith+Nephew is now the only medical device company offering both cemented and cementless partial knee implants in the US, as well as robotics-assistance through the CORISurgical System that is well-suited for the precise alignment needed .... The acquisition will drive Smith+Nephew’s Robotics and Real Intelligence strategy. Partial knee procedures are well-matched for robotics due to the need for precise alignment and Smith+Nephew’s CORI Surgical System already supports the cemented JOURNEY II unicompartmental knee. The Engage Surgical Partial Knee System is optimised for robotics and will have an application with CORI in the future. Engage Surgical’s Partial Knee System also complements Smith+Nephew’s focus on serving the growing outpatient market, with an increasing proportion of knee procedures performed in ASCs."


Used by the leading orthopedic and wound care companies, SmartTRAK is the premier provider of competitive intelligence, including market data, analysis and advisory services for the orthopedic, wound, regenerative medicine and neuro therapies markets. If you would like a demo of what SmartTRAK has to offer and how we can help increase proficiency, improve productivity and reduce costs for your company, just click the button below.

Learn More

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3 min read

Meet The Spine Expert: Courtney Sheedy, GM, Spine

By Thomas Wallick on 1/18/22 9:30 AM

We are pleased to announce that Courtney Sheedy has joined the team at SmartTRAK as our new General Manager, Spine. Courtney has 15+ years of Global Marketing and Product Development experience dedicated to the spinal medical device market serving in leadership roles for companies like Zimmer Biomet, Alphatec, Corelink and joimax.

Meet Courtney Sheedy:

What is your role with SmartTRAK? General Manager, Spine

What do you like about SmartTRAK? I’m fortunate to have been a user of SmartTRAK for many years prior to joining the ranks as a GM. I love how dynamic the SmartTRAK platform is. For Marketing and Business Development teams to be able to access real-time market information to guide their pipeline planning and day-to-day marketing strategies is one of the most unique and beneficial attributes. I also love how user-friendly the platform is. As a former marketer, I loved the ability to export data files for direct use.

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2 min read

COVID Halts Elective Surgeries: Q321 Spine Market Recap

By Nick Fitzpatrick on 1/14/22 10:15 AM

The Spine Market was down in every category as Covid halted elective spine cases globally. 

Spine market performance in Q321 was mired by the resurgence of the Covid-19 Delta Variant, both in the US and OUS. All markets were down sequentially YoY, with dynamic devices taking more than a double digit hit globally.

Globus’ potential takeover of Nuvasive was the biggest storyline of Q3, as they search to gain market share through acquisitions. Market participants are certainly taking note of Globus, as Medtronic CEO Geoffrey Martha stated they are trying to attract Globus users with the launch of their Catalyft Expandable Interbody System.

Among the many topics covered in detail in our comprehensive Q321 Spine Market Recap* are:

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5 min read

Duramesh: MSI’s Novel Suturable Mesh: An Interview w/ Gregory Dumanian, MD

By Doug Devens on 1/11/22 8:00 AM

In an interview with SmartTRAK, Mesh Suture, Inc. (MSI) Founder Gregory Dumanian MD, discusses the Company and its novel suturable mesh that has the potential to change how hernias and other conditions are treated.

MSI is commercializing a novel suturable mesh that combines a mesh’s ability to distribute forces and support tissue with the precise placement and minimal foreign body presence of a suture. In a time when patients and physicians are rethinking how mesh is used in hernia treatment, MSI’s Duramesh offers the potential of retaining the durability of mesh repair with less foreign body presence. Today, the Company is running clinical trials and building evidence to support regulatory clearance in the United States. To find out more about the Company and its operation, SmartTRAK talked with Gregory Dumanian, MD, Chief of Plastic Surgery at Northwestern University’s Feinberg School of Medicine, Founder & Medical Officer of MSI and the inventor of the new technology.

Click on the following video to listen to SmartTRAK Senior Analyst Doug Devens’ interview with Dr. Dumanian, which was recorded via Zoom audio (24: 35 min). A link to download a complete transcript of the interview is also provided below.

Topics: Biosurgery
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2 min read

Regaining its Pre-Pandemic Stride: Q321 US Hemostats & Sealants Market Recap

By Doug Devens on 1/7/22 9:30 AM

The US market for Hemostats and Sealants regained its pre-pandemic stride in Q321 as many procedures mostly returned to normal volumes.

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3 min read

Solving Healthcare Issues w/ Blockchain Technology: An Interview with John Bass

By Nick Fitzpatrick on 1/4/22 8:00 AM

Hashed Health CEO John Bass discusses how Hashed Health is bringing blockchain technology to healthcare in an interview with SmartTRAK

In an interview with SmartTRAK, Hashed Health CEO John Bass discusses the Company and the use case of blockchain and distributed ledger technology in the medical device industry. Hashed Health is a venture product studio that partners with healthcare and life science enterprises to introduce new blockchain-based healthcare solutions to market.

To find out more, including why blockchain technology is important for medical device manufacturers, click on the following video to listen to the full interview (25:42 min). A link to download the complete transcript of the interview is also provided below.

Topics: Top Story
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2 min read

Overcoming Pandemic Hurdles: Q321 CAS Spine Market Recap

By Shelly Caruso on 1/3/22 11:16 AM

Covid-related challenges continued to dampen market recovery in Q321. Despite pandemic hurdles, technology that improves surgical precision and real-time workflows is driving adoption and innovation in computer-assisted spine surgery and accelerating the development of products and systems.

Many companies with established enabling technologies are pushing to expand indications for existing systems and bolster them with robust preoperative planning, enhanced navigation and post-op evaluation solutions for start-finish integration within a single line of products. Meanwhile, other players are focusing on open-platform solutions to address care gaps for specific procedures and populations. At the forefront of industry research and development are artificial intelligence and virtual reality technologies to aid in imaging, planning and navigation assistance (robotic-assisted and freehand). 

Among the many topics covered in detail in our comprehensive Q321 CAS Spine Market Recap* are:

Topics: Spine CAS Spine
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2 min read

COVID-19 Headwinds: Q321 OrthoBio Market Recap

By James Petricek on 12/29/21 11:49 AM

Renewed COVID-19 headwinds mute overall Q3 results, however, the soft tissue repair segment remains resilient

Impact of the Delta variant was felt broadly across OrthoBio, with virtually all publicly traded companies observing a reduction in surgical volume (relative to forecast) directly attributable to a resurgence of COVID-19. Overall, OrthoBio revenue declined, primarily driven by a sharp reduction in Bone Replacement revenue. Several companies noted the decrease in surgical volumes was most acute in August and September due to shortages in hospital staffing. Weakness was most closely tied to deferrable, elective, complex spine procedures.

Among the many topics covered in detail in our comprehensive Q321 OrthoBio Market Recap* are:

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2 min read

Riding the Wave of Healthy Growth: Q321 Trauma Market Recap

By Natasha Weeks on 12/27/21 4:01 PM

Trauma market continues to ride the wave of healthy growth with positive returns for current players and new players start to stir the waters

Trauma players rode the wave of another quarter of healthy returns as trauma procedures were not as impacted by the rise in the Delta variant as its elective procedure counterparts. The Trauma Market closed Q3 up +4.5% YoY compared to Q320, with the US up +5.8% YoY.

Among the many topics covered in detail in our comprehensive Q321 Trauma Market Recap* are:

Topics: Trauma
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2 min read

Continued Rebound: Q321 Advanced Wound Care Market Recap

By Gary Delhougne on 12/22/21 12:00 PM

Advanced Wound Care (AWC) continues to rebound in 2021 with growth from US Skin Substitutes and WW Advanced Dressings despite weakness in NPWT.

The WW Advanced Wound Care (AWC) market grew +6.5% YoY in Q321, according to the SmartTRAK Financial Dashboard.

The WW AWC market is made up of a diverse array of wound care products comprising the segments of Advanced Dressings, Wound Biologics and External Devices. WW Advanced Dressings grew in Q3, driven by robust gains in Foams, Antimicrobials and Superabsorbents. WW Wound Biologics showed continued gains among US Skin Substitute market leaders. WW External Devices (of which NPWT makes up 96%) was mostly flat due to delta variant headwinds and low elective procedure volumes slowing growth.

Among the many topics covered in detail in our comprehensive Q321 Advanced Wound Care Market Recap* are:

Topics: Wound Care
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3 min read

OsteoCentric Technologies: Optimizing Implant Fixation

By Nick Fitzpatrick on 12/13/21 9:00 AM

OsteoCentric Technologies' CMO Gavin Sontag discusses the Company and its OssiMI mechanical integration technology in an interview with SmartTRAK.

Gavin Sontag, CMO of OsteoCentric Technologies, discusses OsteoCentric's OssiMI platform technology, company growth rates and plans for expansion in an interview with SmartTRAK. To find out more, including why OsteoCentric acquired an SI-Fusion system, click on the following video. A link to download the complete transcript of the interview is also provided below.

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2 min read

Bursting Bubbles: Q321 Joint Fluid Market Recap

By Freddy Buntoum on 12/9/21 9:00 AM

Q321 results were a letdown compared to the previous quarter as COVID-19 continues to burst HA players’ bubble but hopes for a return to normal prevail.

Spring 2021 brought on much relief to the US Joint Fluid Replacement market and the summer looked promising for a return to normal business conditions. However, as more cases of COVID-19 Delta variant were reported, especially in key hyaluronic acid (HA) states, like Texas and Florida, companies were left as though their bubble got burst. Some players expressed concerns that volumes could be depressed for Q421 since it does not seem to be picking up as fast as they projected. But, for Q321 and for the most part, the majority of HA market players did report positive revenue increases in the third quarter.

Among the many topics covered in detail in our comprehensive Q321 US Joint Fluid Replacement Market Recap* are:

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8 min read

Recent Ortho News & Developments: OSET 2021 Know Before You Go

By Gabriele Nichols on 12/7/21 9:00 AM

As a tumultuous year comes to a finish, the orthopedic industry prepares to gather one last time and close out the year. The Orthopedic Summit once again comes to the Bellagio in Las Vegas, Nevada to bring together the top names in the industry. SmartTRAK will be attending OSET 2021 from December the 11th through the 14th. We've put together an overview of recent Orthopedic news highlights to get you up to speed before the meeting. If you'd like to meet with us in person, please reach out.

The following is just a small sampling of recent Orthopedics related news and updates from around the world compiled, reviewed and posted in real time every day by the expert analysts at SmartTRAK.

Markets:

  • Needham Ortho Surgeon Expert Call Highlights
    During a call co-hosted by Needham, Hip and Knee surgeon Dr. Richard Berkowitz of Tamrac, FL, noted COVID accelerated the shift of recon procedures to the outpt setting w/ ~10-20% of his procedures outpt to increase to ~40-50% over the next few yrs. Needham Ortho Expert Call

  • Knee Market Leaders See Share Gains in Q321
    According to SmartTRAK Financial Dashboard, US knee replacement implant market leader Zimmer Biomet* saw improved market share sequentially in Q321 compared to Q221. Stryker* also experienced an increase in share compared to Q221.

  • OTA 2021 Updates

    DePuy Synthes* showcased their long awaited 3.5/4.5 VA-LCP Periprosthetic Femur Plate*. According to SmartTRAK discussions, the periprosthetic plate spans the femur and is currently in limited launch w/ ~50 sets in the field and full set rollout to commence next year.

Find out how to receive SmartTRAK Daily Updates in your morning email

Topics: Wound Care
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2 min read

Q321 Market Recap: US Surgical Matrices

By Doug Devens on 12/6/21 2:00 PM

Procedures using surgical matrices maintained their new normal, with broad strength in both hernia and breast matrices.

Procedures using surgical matrices maintained their new normal, though the resurgence of Delta variant across the northern tier of states may put a dent in the market following deferrals of procedures in various regions as the COVID-19 Delta variant caused more procedural headwinds.

Among the many topics covered in detail in our comprehensive Q321 US Surgical Matrices Market Recap* are:

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2 min read

Shattered Dreams: Q321 Total Joints Market Recap

By Lisa Mahan on 12/2/21 9:00 AM

Covid-19 Delta surges shatter dreams of strong Q321 market recovery

Surges in COVID-19 Delta cases shattered any dreams of a strong Q321 Total Joints market recovery. Postponement of elective procedures in various areas of the US again negatively impacted Companies pushing out hopes for a return to normal into 2022. In addition to procedure recovery challenges, China’s Volume-Based Procurement program that aims to reduce implant pricing may headwind to the WW Total Joints market in the coming year.

Among the many topics covered in detail in our comprehensive Q321 Total Joints Market Recap* are:

  • Complete Q321 Total Joints Market Overview and Highlights
  • SmartTRAK's Expert Analysis and Insights
  • Total Joints News including Revenues, Data, Charts and Shares
  • US Market Growth Comparison Q321 vs Q319
  • New Products Hitting the Stage
  • Q321 Regulatory Highlights 
Topics: Orthopedics
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2 min read

AAOS 2021: COVID Recovery and ASC Trends

By Lisa Mahan on 11/30/21 9:00 AM

What seems to be on everyone’s mind – COVID-19 recovery and ASC trends

The COVID-19 pandemic reduced the attendance at the 2021 American Academy of Orthopedic Surgeon (AAOS) annual meeting to an estimated 1/5 th of its usual number. Many international surgeons found themselves under travel restrictions while some US surgeons were asked by their institutions to forego the meeting. The pandemic also impacted the conversations taking place on the convention floor with two topics seeming to be top of mind – the recovery from COVID-19 and the ongoing move of joint replacement procedures to the outpatient setting.

At AAOS 2021, SmartTRAK spoke with clinicians and industry executives to obtain their view regarding the pandemic and recovery from COVID-19. Although speculation varied depending on individual circumstances,  some companies and healthcare institutions shared that supply chain issues are holding back the increase in business while others are facing regional shutdowns of elective procedures due to the surge of the Delta variant.

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2 min read

Meet Ray Luzi - Vice President, Customer Success

By Thomas Wallick on 11/29/21 5:00 PM

We are pleased to announce that Ray Luzi has joined the team at SmartTRAK as Vice President of Customer Success. Ray has 25+ years' experience in guiding customer engagement and success with leadership roles at Broadridge as Senior Director of Client Relations and DST OUTPUT Limited.

Meet Ray Luzi:

What is your role with SmartTRAK? I will be joining the team as Vice of President of Customer Success.

What is something special or unique that you bring to SmartTRAK subscribers? My background has been in account management in customer communications. I have built strong relationships with my customers based on transparency and the ability to deliver solutions. I have been extremely fortunate to work with talented individuals who are passionate about servicing our customers.   I look to continue to foster that approach with SmartTRAK.
Topics: Meet The Team
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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.<

Find out how to receive SmartTRAK Daily Updates in your morning email

Topics: Wound Care
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2 min read

Meet Jim Petricek - General Manager, Orthobiologics & Regenerative Medicine

By Thomas Wallick on 10/25/21 9:26 AM

We are pleased to announce that Jim Petricek has joined the team at SmartTRAK as General Manager, Orthobiologics and Regenerative Medicine. Jim has 20+ years operational and management consulting experience in orthobiologics and regenerative medicine with roles in product development, marketing and business development, including prior management positions with BioMimetic Therapeutics and Synthes.

Meet Jim Petricek:

What is your role with SmartTRAK? General Manager Orthobiologics and Regenerative Medicine; Lead Analyst Orthobiologics

What do you like about SmartTRAK? I’ve had the pleasure of interacting with SmartTRAK for many years. The group is very knowledgeable in their respective fields, and while I’m sure not every day is bliss, there is a very palpable sense that everyone really enjoys being part of the SmartTRAK team.

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6 min read

SmartTRAK's 2021 AOFAS Meeting Highlights

By Natasha Weeks on 10/21/21 9:30 AM

New product introductions and innovative technologies set the stage for AOFAS 2021.

At the American Orthopaedic Foot & Ankle Society (AOFAS) meeting in Charlotte, NC, SmartTRAK identified several key themes and takeaways from the meeting as manufacturers showcased innovation through new product introductions, continue to focus on hallux valgus corrections and the associated instrumentation allowing for reproducible outcomes and the advancements of 3D printed solutions.

The Luster of New Products Help Drive Healthy Foot & Ankle Competition

The foot & ankle space does not look like it is slowing down anytime soon based on the products highlighted at AOFAS. Innovation is helping to drive growth in the US market for Foot & Ankle Repair and Reconstruction, which is projected to reach a 5-year CAGR of +4.9% according to SmartTRAK’s Foot & Ankle Market OverviewNewsworthy highlights include:

Topics: Orthopedics
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3 min read

Evolution is Inevitable: An Interview with Anika's Cheryl Blanchard, PhD

By Freddy Buntoum on 10/18/21 9:37 AM

Cheryl Blanchard, President and CEO of Anika Therapeutics, discusses the Company’s metamorphosis from a partnered, single product company into a customer-facing, global joint preservation market player, in an interview with SmartTRAK.

Cheryl Blanchard, PhD, discusses the Company’s remarkable achievements amid a global healthcare crisis and progress made as Anika continues to execute on its Transformational Growth Strategy and grand plan in an interview with SmartTRAK at the American Academy of Orthopaedic Surgery (AAOS) 2021 in San Diego, California. To find out more, click on the following audio recording. A link to download the complete transcript of the interview is also provided below.

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1 min read

The Debate Over HA Therapy: AAOS 2021

By Freddy Buntoum on 10/15/21 9:48 AM

This Year’s AAOS Annual Meeting was no different--scientific bodies are still divided on the efficacy of HA therapy and it remains a “bête noire” sitting outside of the gold standard for the treatment of patients affected by knee OA.

For some time now, hyaluronic acid (HA) viscosupplement injections (aka intra-articular (IA) HA injections) have become a standard and an integral part of the physician’s armamentarium in the treatment continuum for an ever-growing number of patients suffering from knee osteoarthritis (OA). With OA universally established as the most prevalent form of arthritis afflicting the US population, SmartTRAK estimates that approximately 2.3 million HA injection procedures will be performed for knee OA alone.  Yet, confusion and debates persist over the efficacy of HA therapy, product composition and source of the HA, volume and number of injections, treatment cost and, more recently, regulatory classification for HA products. SmartTRAK believes that the plethora of studies on the use of HA injection that show varied results is ...

To download and read the complete article by Freddy Buntoum, Sr. Analyst, Orthobiologics and Regenerative Medicine at SmartTRAK, please click the button below.

Download the Article

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10 min read

OTA Know Before You Go: Recent Trauma News and Developments

By Thomas Wallick on 10/12/21 9:00 AM

With the fresh scent of optimism in the air, it's time to get out there again and re-connect. SmartTRAK is excited to be attending OTA, the Orthopaedic Trauma Association annual meeting in Fort Worth, Texas, October 20-23. Please reach out if you would like to meet in Ft. Worth and see what SmartTRAK can do for you. We've also put together an overview of the latest trauma news to give you a head start for the meeting.

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 Trauma related news and updates from around the world compiled, reviewed and posted in real time every day by our SmartTRAK expert analysts.

Patents:

  • JNJ/DePuy Synthes* 

    DePuy Synthes Products’ US Patent Application “Angled Flutes in Cannulated Bone Screws” was published describing a cannulated bone anchor w/ cutting flutes extending to the distal end of the anchor. 20210307800

  • Adaptive Tibiotalocalcaneal Arthrodesis Nail
    A US Patent Application “ADAPTIVE TIBIOTALOCALCANEAL ARTHRODESIS NAIL - NAIL ADAPTER SYSTEM,” submitted by Amr Abdelgawad of Brooklyn, NY was published describing a tibiotalocalcaneal nail & system that has a plurality of effective interfaces. 20210307794

  • Arthrex was issued US Patent “Low profile dorsal plate” describing devices, systems & methods for direct dorsal fixation of fractures of the distal radius including a low profile dorsal plate. 11,134,996

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1 min read

SmartTRAK is Seeking a Spine Market Analyst

By Sharon O'Reilly on 10/11/21 11:02 AM

We are looking to strengthen our SmartTRAK Spine module with the addition of a qualified person with industry specific experience. All SmartTRAK analysts are former marketing, business development or R&D professionals with one of the major orthopedic/spine suppliers and, in fact, most have come to us via recommendations from our subscribers, as well as those in the industry. We believe that having a person of this caliber with relevant experience and deep insight on the market is a tremendous value-add we can offer SmartTRAK subscribers.

We are looking for person with Spine industry experience who is interested in working approximately 20 hours per week. We would also consider a person who would like to work full-time.Learn More and ApplyIdeally, this person has:

  • Deep knowledge of the spine market, especially spine hardware
  • Strong communication skills, especially writing
  • Good analytical skills and experience with forecasting
  • Attention to Detail
  • Extensive contacts in the industry with both companies and clinicians

This is a great position for an experienced person who wants to remain in the game but wishes to work part-time.

Visit our careers page to apply or request more info.

Topics: Spine
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2 min read

What's on the Horizon? Q221 Spine Market Recap

By Julianne Burns on 10/8/21 9:50 AM

The US Spine market appears to be continuing on a skyward trajectory...but what’s really on the horizon for Spine?

With Q221 year-over-year growth up almost 46%, the US Spine market appears to be continuing on a skyward trajectory. However, as compared to Q219, Q221 saw growth of only +1.3%, reflecting ongoing COVID challenges. What’s really on the horizon for Spine? While the first half of 2021 has certainly looked much brighter than 2020, one big question remains: how big of an impact will the Delta variant surge have on the back half of the year?

Among the many topics covered in detail in our comprehensive Q221 Spine Market Recap* are:

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2 min read

SmartTRAK's New Arthroscopic Technologies Module: An Interview with the Analyst

By Thomas Wallick on 10/6/21 10:00 AM

Our Arthroscopic Technologies module launched earlier this year with a big splash.  We interviewed SmartTRAK's Sr. Analyst for Arthroscopic Technologies, Andy Knapik, to learn more about this new offering.

In the following video, Andy discusses what's included in the module and why we're so excited about this addition to the SmartTRAK platform. To request more information, please click here.

HubSpot Video


"It is my goal to provide detailed and unrivaled data that will allow SmartTRAK’s subscribing partners to better understand the Arthroscopic Technologies market; helping them make informed decisions on resource allocation and innovation that will ultimately lead to more effective and advanced patient care." Andy Knapik

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3 min read

Meet Gary Delhougne - General Manager, Wound

By Sharon O'Reilly on 10/5/21 9:00 AM

We are pleased to announce that Gary Delhougne has joined the team at SmartTRAK as General Manager, Wound. Gary is a licensed attorney with 20 years’ medical device and consulting experience in market access, health economics and policy roles at Smith & Nephew, Covidien, Avalere Health and Ernst & Young.

Gary will be taking over for Susan Paquette, who is retiring at the end of the year. For the past 10 years, Susan has been the face of SmartTRAK Wound Care at industry meetings and has become a trusted advisor to many of our subscribers.

Gary will be representing SmartTRAK at SAWC Fall in Las Vegas, October 28-31. If you would like to meet with him to discuss the exciting new innovations ahead and learn how to network your entire organization with SmartTRAK, click the link below. To learn more about Gary, just keep reading!

Schedule a Meeting at SAWC Fall 2021!

Meet Gary Delhougne:

What is your role with SmartTRAK? As the General Manager of SmartTRAK’s Wound business, it is my role to lead the wound care team in delivering actionable business intelligence and decision-making tools to help our customers better serve patients and providers.

Topics: Wound Care
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2 min read

Picking Up Steam: Soft Tissue Fixation Market Recap

By Andy Knapik on 10/4/21 10:34 AM

Soft Tissue Fixation Continues to Pick Up Steam in Q2 2021

With the world trying to move past the negative impacts of COVID-19, the Soft Tissue Fixation market continued to make significant advancements in the second quarter of 2021. The quarter saw a continued rise in case volumes for elective sports medicine procedures worldwide driven primarily through market recovery in the wake of the COVID-19 pandemic. 

Among the many topics covered in detail in our comprehensive Q221 Soft Tissue Fixation Market Recap* are:

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2 min read

A Big Boost: Q221 US Infection Prevention-Vascular Access Adjunct Products Recap

By Susan Paquette on 9/30/21 9:30 AM

A big boost in Q2 with double-digit gains in all segments.

The prevention of Hospital-Acquired Infections (HAIs) continues to drive measures and practices to reduce Central Line-Associated Bloodstream Infections (CLABSIs) and is creating demand for products that can address these issues. Numerous programs and educational tools are being developed to provide measures and strategies that assist healthcare providers in the prevention and reduction of infection in acute care and other settings.

Among the many topics covered in detail in our comprehensive Q221 US Infection Prevention - Vascular Access Adjunct Products Market Recap* are:

Topics: Wound Care
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2 min read

SmartTRAK heads to Boston for NASS!

By Thomas Wallick on 9/23/21 9:00 AM

The SmartTRAK team is excited to head to Boston for the North American Spine Society (NASS) meeting. Need better business intelligence? Visit us at Booth 3719. SmartTRAK is the most comprehensive business intelligence platform for the MedTech industry. SmartTRAK's real-time data allows everyone in your organization to tap into the same data to drive strategic consistency and increase collaboration across your enterprise. Watch the video below to learn how SmartTRAK can help.


Planning to go to NASS? SmartTRAK will be represented in Boston by:

  • Julianne Burns, GM, Spine
  • Elise Wolf, VP & GM, Orthopedics
  • Kristina Meyer, CCO
  • Matt Golembeski, Dir. of Sales
  • Joe Mish, Dir. of Sales
  • Tim Patrick, Sr. Manager of Corporate Accounts

Meet with us in Boston to learn more about what's coming down the road, including:

  • Integration: Combine our data with yours and integrate it into your data analytic platform.
  • Customization: Tailor SmartTRAK to match your company's business and create your own business intelligence solution.
  • Expanded Functionality: Drive strategic consistency across your enterprise with user-specific enhancements and increase collaboration across your team

Schedule a meeting today!
We know you're going to love what's coming down the road!

Schedule a Meeting

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2 min read

Another Quarter of Healthy Growth: Q221 Trauma Market Recap

By Natasha Weeks on 9/22/21 4:00 PM

Trauma market rebounds as top segments drive growth amid easy YoY comps

The Trauma Market experienced another quarter of healthy growth as the WW and US Trauma Markets ended Q221 up YoY compared to Q220.  Looking forward to Q321, SmartTRAK feels that trauma procedures will likely not be as heavily impacted by the rise in the Delta variant as its elective procedure counterparts. We will continue to monitor the situation as the variant impacts states, as recently observed in Texas.

Among the many topics covered in detail in our comprehensive Q221 Trauma Market Recap* are:

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2 min read

SCS Boomerangs Back: Q221 Market Report

By Anne Staylor on 9/22/21 11:00 AM

A big boost in Q2 with double-digit gains in all segments.

The US and WW SCS Market boomeranged to pre-COVID levels in Q221 driven by declining COVID-19 cases and ongoing launches of new technologies and products. With easy comps against a quarter that was one of the hardest hit by the pandemic in 2020, Q221 growth was up in the double digits vs Q220 and was up in the low-single digits compared to Q219.

Among the many topics covered in detail in our comprehensive Q221 SCS Market Recap* are:

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3 min read

COVID's Silver Lining for Orthopedic Surgery: An Interview with Joseph Bosco lll, MD

By Lisa Mahan on 9/21/21 8:00 AM

At AAOS 2021, outgoing President Joseph Bosco III, MD, shares the positive changes in orthopedics accelerated by COVID-19 from the move of procedures to ASCs to increased use of technology

Joseph Bosco III, MD, vice-chair of clinical affairs for NYU Langone Orthopedics and outgoing president of the American Academy of Orthopedic Surgeons (AAOS) presided over the Academy during a transformative time accelerated by COVID-19. Dr. Bosco began his presidency in March 2020 just as the pandemic shut down many areas of the US impacting the healthcare system and orthopedic procedures. As Dr. Bosco prepared to turn over the reins at AAOS 2021, he spoke with SmartTRAK about his experience during the year and how the pandemic and technology are creating opportunities and accelerating trends that will change the practice of orthopedics for years to come.

To find out more, click on the following video. A link to download a complete transcript of the interview is also available below.

Download the "COVID's Silver Lining" interview transcript

SmartTRAK: Lisa Mahan here with Smart Track. Today, I have the honor to be talking to Dr. Joseph Bosco, III, outgoing president of the American Academy of Orthopedic Surgeons. Dr. Bosco, thank you for talking to me today.

Dr. Joseph Bosco: Well, thank you for having me.

Ending your term as president of AAOS must be a bit bittersweet. You've served during a challenging time with the disruption from COVID. How was it navigating through the pandemic?

Topics: Orthopedics
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2 min read

A Strong Recovery: Q221 Advanced Wound Care Market Recap

By Susan Paquette on 9/16/21 9:52 AM

Advanced Wound Care saw a strong recovery against a weak comparator.

For Q221, according to SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenue for Advanced Dressings, External Devices and Biologics was up, with all segments showing increases,

The US Wound Biologics market, comprising the vast majority of the global biologics market, includes the very competitive skin substitute or CTP (Cellular and/or Tissue-Based Products) market, the Topical Drug/Delivery category and Collagen Dressings. For Q221, the US market was up significantly, with CTPs accounting for the largest share, driven by Organogensis' substantial YoY gains. 

Among the many topics covered in detail in our comprehensive Q221 Advanced Wound Care Market Recap* are:

Topics: Wound Care
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3 min read

Studies Demonstrate Benefits of Custom 3D Metal Implants in Total Talus Replacement

By Nick Fitzpatrick on 9/14/21 2:26 PM

3D printing technologies continue to gain traction in total talus replacement, particularly as research demonstrates it’s an effective surgical option for patients with avascular necrosis. SmartTRAK highlights three recent studies illustrating how custom 3D printed metal implants are being used in total talus replacement surgery to restore normal joint anatomy and maintain joint range of motion.

SmartTRAK will be attending the 2021 American Orthopaedic Foot & Ankle Society Meeting in Charlotte, NC, Sept 22-25, to learn more about this technology and other advancements in foot & ankle treatment. Click for information on AOFAS and how to meet with us while in Charlotte to find out what SmartTRAK can do for you.


1) Three Dimension Printing Talar Prostheses for Total Replacement in Talar Necrosis and Collapse

    • SmartTRAK Analyst Summary:
      • A retrospective study evaluated anatomical talar replacement & clinical results of 9 patients w/ talar necrosis & collapse (TNC) using 3D printed metal talus implants and reported talar height increased 6.97mm & AOFAS hindfoot score improved 53.34mm at mean follow-up of 23.17 months. Int Orthop
    •  Conclusion:
      • The study concludes "The 3D printing patient-specific total talar prostheses allowed anatomical reconstruction in TNC. This novel treatment with 3D-printed prostheses could serve as a reliable patient-specific alternative in TNC.”

Topics: Orthopedics
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2 min read

SmartTRAK Hosts "The State of the Spine Market" Webinar

By Thomas Wallick on 9/13/21 9:49 AM

Register now for SmartTRAK's "The State of the Spine Market" webinar to be held on Wednesday, September 22, 2021 at 1:00 pm ET. Learn from SmartTRAK's General Manager of Spine, Julianne Burns, about the latest trends in the Spine market and how COVID-19 continues to impact the market. 

Agenda:
  • A Look Back: How COVID Impacted the Spine Market in Q1 & Q2
  • Q3 and Beyond: Dealing with Delta and More
  • Market Drivers & Trends
  • Q&A

Registration is free but limited. Sign up now to reserve your spot!

Julianne Burns, Smarttrak's General Manager, Spine, has 15+ years' experience in consulting, market development and marketing in the spine industry, including 7+ years at Medtronic Spinal & Biologics.

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3 min read

Know Before You Go: AOFAS 2021 in Charlotte, NC

By Thomas Wallick on 9/10/21 11:04 AM

After another difficult year, it's time to get out there and start reconnecting in person. SmartTRAK is excited to be traveling to Charlotte, NC to attend AOFAS at the Charlotte Convention Center, September 21-25.

SmartTRAK will be represented by Natasha Weeks, General Manager, Trauma & Extremities. Natasha is also managing our 3 newest modules, Pediatric Trauma, Pediatric Extremities and Pediatric Spine. If you would like to meet with Natasha while attending the meeting, just click here.

Now that we're back to in-person meetings, it's time to resume our continuing series Know Before You Go, so I sat down and asked Natasha a few questions about what she is looking forward to at AOFAS.

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3 min read

SmartTRAK's New Pediatric Modules: An Interview with the Analysts

By Thomas Wallick on 9/8/21 10:03 AM

We are excited to announce the addition of the full market view of Orthopedic Pediatrics (US) to the SmartTRAK platform, featuring 3 modules covering Pediatric Trauma, Pediatric Extremities and Pediatric Spine!

Natasha Weeks, General Manager, Trauma & Extremities, will be managing Pediatric Trauma & Extremities and the Spine module will be managed by Julianne Burns, General Manager, Spine.

In the following video, Lindsey Wolejko, SmartTRAK's Director of Marketing, discusses with Natasha and Julianne what's included in each new module and why we're so excited about these additions to the SmartTRAK platform. To request more information about these offerings, please click here.

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2 min read

Q221 Market Recap: US Surgical Matrices

By Doug Devens on 9/7/21 8:53 AM

Procedures using surgical matrices rebounded to normal levels again, with broad strength in both hernia and breast matrices.

Procedures using surgical matrices returned to approximately normal levels, though the Delta variant may make that recovery short-lived, as recently observed in Texas. The US Surgical Matrices market rebounded strongly in Q221 according to BioMedGPS’ SmartTRAK Financial Dashboard. AbbVie* continued to lead the US Surgical Matrices market, with Becton Dickinson* (BD) bouncing back nearly as strongly.

Among the many topics covered in detail in our comprehensive Q221 US Surgical Matrices Market Recap* are:

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2 min read

Roaring Back: Q221 US Hemostats and Sealants Market Recap

By Doug Devens on 9/2/21 10:56 AM

The US market for Hemostats and Sealants came roaring back from its pandemic depths in Q221 as procedures returned to normal.  

As surgical procedures returned to approximately normal levels, the US Hemostats and Sealants market grew +51.1% YoY in Q221 according to SmartTRAK Financial Dashboard. Growth was strong across all segments and companies. However, the Delta variant may make that recovery short-lived, as recently observed in Texas.

Among the many topics covered in detail in our comprehensive Q221 US Hemostats and Sealants Market Recap* are:

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4 min read

An Interview with Medtronic's Brett Wall

By Anne Staylor on 8/30/21 10:04 AM

Brett Wall, EVP and President of Medtronic’s Neuroscience Portfolio, discusses changes and opportunities in the Neuroscience business in an interview with SmartTRAK. 

Brett Wall, EVP and President of Medtronic’s Neuroscience Portfolio, discusses how things are changing at Medtronic, his plans for the Neuroscience business and opportunities for growth in an interview with SmartTRAK. To find out more, including Wall’s vision for spine, neuromodulation and neurovascular, click on the following video. (25:58 min). A link to download a complete transcript of the interview is also provided below.

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2 min read

SmartTRAK Announces Innovations Ahead!

By Lindsey Wolejko on 8/27/21 9:18 AM

Easily accessible from your computer, tablet or smartphone, SmartTRAK is the most comprehensive business intelligence platform for the MedTech industry. SmartTRAK's real-time data allows everyone in your organization to tap into the same data to drive strategic consistency and increase collaboration across your enterprise. Need help with your roadmap? Watch the video below to learn how SmartTRAK can help.


Planning to go to AAOS? Meet with us in San Diego to learn more about what's coming down the road, including:

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2 min read

Q221 Total Joints Market Recap: Mixed Reviews

By Lisa Mahan on 8/26/21 9:15 AM

Q221 brought mixed reviews for Total Joints as Hips exceed pre-COVID levels and Knees fall flat

The Total Joints market accelerated sequentially with a return of patients and procedural volume growth in the quarter. However, compared to 2019, results varied by segment, The Hip Replacement segment put in the best performance with the US Hip Market in Q221 compared to pre-COVID’s Q219 levels. US Knees did not experience the same level of success as revenues were down.

Among the many topics covered in detail in our comprehensive Q221 Total Joints Market Recap* are:

  • Complete Q221 Total Joints Market Overview and Highlights
  • SmartTRAK's Expert Analysis and Insights
  • Total Joints News including Revenues, Data, Charts and Shares
  • US Market Growth Comparison Q221 vs Q219
  • Acquisitions, Deals & Financing News
  • New Products Hitting the Stage
  • Q221 Regulatory Highlights 
Topics: Orthopedics
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3 min read

Trends and Technologies in Stroke Care: An Interview with William Mack, MD

By Anne Staylor on 8/24/21 8:00 AM

SNIS President William J. Mack, MD discusses trends and technologies in stroke care in an interview with SmartTRAK

William J. Mack, MD, President of the Society of Neurointerventional Surgery (SNIS), provides insight into trends and technologies in stroke care in an interview with SmartTRAK at the SNIS 18 th  Annual Meeting in Colorado Springs held July 26-30, 2021. Key topics include: 
  • Advancing the stroke systems of care
  • Trends in practice and device use for acute ischemic stroke
  • Risks, benefits and challenges of treating more distal strokes
  • Promising technologies on the horizon, including robotics
  • Impact of COVID resurgence on clinical practice

To get the latest on stroke care, click on the following video to listen to a fascinating interview recorded live at SNIS (13:08). A link to download a transcript of the complete interview is also provided below.

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2 min read

Fueling the Race to Recovery: Q221 Extremities Market Recap

By Lisa Mahan on 8/23/21 9:30 AM

Declining COVID cases, M&A and new products fueled the race to recovery in the Extremities Market

As COVID cases declined in Q221 and patient confidence increased, the Extremities Market was off to the races with a rev-up in deal-making and new product launches. Elective procedure volumes started to make a comeback but were not pedal to the metal and still lagged pre-COVID levels. However, new product launches helped fuel growth in the quarter with the US Extremities Market +43.9% YoY, an increase of +8.2% compared to Q219, reflecting change over pre-COVID market conditions. 

Among the many topics covered in detail in our comprehensive Q221 Extremities Market Recap* are:

Topics: Orthopedics
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5 min read

Innovations in Wrist Arthroplasty: An Interview with Arnold-Peter Weiss, MD

By Lisa Mahan on 8/17/21 8:00 AM

Designing-Surgeon Dr. Arnold-Peter Weiss Discusses New WristMotion System Design, Outcomes and Implications

A new total wrist arthroplasty system, WristMotion*, is being introduced to the US market through Anika's*’ subsidiary, Arthrosurface*. WristMotion’s design is intended to address concerns of carpal loosening by incorporating a dual curvature design feature in the carpal side combined with a dorsal flange to allow for greater range of motion. In July, Anika announced* the first surgery utilizing the WristMotion Total Wrist Arthroplasty System was performed by designing-surgeon Arnold-Peter C. Weiss, MD, at University Orthopedics, RI.

To find out more, SmartTRAK interviewed Dr. Weiss about his early experience with the WristMotion total wrist and its implications for patients suffering from chronic wrist pain. To listen to the interview, recorded via Zoom, click on the following video (15:58 min). A link to download a transcript of the complete interview is also provided below.

Topics: Orthopedics
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3 min read

Studies Demonstrate Benefits of AR/VR in Total Joint Arthroplasty

By Nick Fitzpatrick on 8/16/21 9:53 AM

Computer-assisted technologies continue to gain traction in total joint arthroplasty, particularly as research demonstrates improved outcomes when clinicians employ surgical planning, simulation and navigation. SmartTRAK highlights three recent studies illustrating how augmented reality (AR) and virtual reality (VR) are being used in total knee replacement (TKR) surgery to improve accuracy in distal femoral resection, train nurses in complex knee revision arthroplasty procedures, and help surgeons lower long-term revision rates in TKR patients.

  • Augmented Reality-Assisted Femoral Bone Resection in Total Knee Arthroplasty

    • SmartTRAK Analyst Summary: A study of 10 resected femoral Sawbones specimens using an AR-based navigation system performed CT scans to measure the resection angle of the distal part of the femur and reported mean absolute value of the error in coronal alignment was significantly smaller in the AR-based navigation group than the intramedullary-guide group. JB JS Open Access. 2021 Jul 23

    • Conclusion: The study concludes “The AR-based navigation system may enable surgeons to perform distal femoral resection more accurately than with the conventional intramedullary guide during TKA.”
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10 min read

R&D Focus on Orthopedics: Patents, Products & Predictions

By Thomas Wallick on 8/9/21 3:46 PM

Despite the looming shadow of the emergence of the COVID-19 Delta variant, the worldwide MedTech industry continues to focus on the future. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the Orthopedic market: Extremities, OrthoBio, Spine, Computer Assisted Surgery, Total Joints, Trauma, Soft Tissue Fixation and EU Extremities and Trauma. We'll be at AAOS in San Diego, and if you would like to meet with us to see what SmartTRAK can do for you, just click here

The following is just a small sampling of recent Orthopedic updates from around the world compiled, reviewed and posted in real time by our SmartTRAK analysts. 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. 

Patents:

Globus*  

KB Medical was granted US Patent “Robotic navigation of robotic surgical systems” describing robotic surgical systems with built-in navigation capability & ability to update registration in real time & obviating the need for a separate navigation system. 11,071,594

Sutureless Repair of Soft Tissue

US Patent Application “Sutureless Repair of Soft Tissue” was published describing a sutureless method of repairing soft tissue defects in soft tissue including ligaments such as anterior cruciate ligaments (ACLs). 20210236130

Topics: Orthopedics
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4 min read

Neuromodulation Ramping Up in 2021

By Anne Staylor on 8/9/21 10:00 AM

As in-person meetings start to ramp up in 2021, SmartTRAK identifies the latest research, technologies and trends from ASPN and the mid-year NANS meetings

In this article, SmartTRAK identifies the latest research, technologies and trends at two recent neuromodulation meetings: the mid-year North American Neuromodulation Society (NANS) 2021 meeting, held July 15-18 in Orlando, FL and the American Society of Pain and Neuroscience (ASPN) meeting held in Miami, FL July 22-25. Following are the highlights of the neuromodulation news from these meetings in the areas of expanding indications, digital solutions and peripheral nerve stimulation (PNS) as covered by Anne Staylor, SmartTRAK's Executive Editor, VP & GM, Nuero Therapies.

To read this fascinating and informative article in it's entirety, you must be a subscriber to SmartTRAK...here's how to subscribe.

  • SCS for Painful Diabetic Neuropathy
    • In regards to expanded indications, the biggest news during the mid-year NANS meeting happened on Friday, July 16th when FDA approved Nevro’s* (NVRO) HF10 for ... 
  • Non-Surgical Refractory Back Pain.
    • During NVRO’s industry luncheon, Aaron Calodney, MD presented six-month data on 10 kHz SCS for non-surgical refractory back pain (NSRBP) vs CMM ...
  • Advances in Digital Solutions
    • All the major players in neuromodulation continue to advance patient care through innovative digital solutions and platforms designed to improve patient engagement and outcomes, track objective pain measures and ...
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1 min read

Moving the Ball Forward: Q121 CAS Spine Market Recap

By Elise Wolf on 8/2/21 10:24 AM

SmartTRAK reports that strong sales of spine robotic and enabling technology in Q121 continue to move the ball forward in the adoption curve. Companies are noting an inflection point on the pathway of these technologies becoming mainstream with centers buying multiple robots, and community and university hospitals adopting them.

Among the many topics covered in detail in our comprehensive Q121 CAS Spine Market Recap* are:

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3 min read

RapidAI: Optimizing Outcomes with AI-Based Imaging

By Anne Staylor on 7/26/21 9:30 AM

RapidAI President and CEO Don Listwin discusses how advances in AI-based imaging, workflow and products are improving stroke care in an interview with SmartTRAK

RapidAI, the market leader in brain imaging analysis, processed more than 1MM stroke imaging scans in 2020 alone, up 100% year-over-year, despite COVID-19. Using AI-based software and decision support tools, the Company is helping stroke professionals identify and diagnose more cerebrovascular disorders than ever before, driving double-digit growth in stroke procedures for some hospitals. Although challenges remain in getting the right patient to the right hospital in a timely fashion, RapidAI is working to improve outcomes and the stroke systems of care through improved workflow and messaging technologies, AI-based analytics and new products, such as non-contrast scans that will improve decision-making at some of the smaller spoke hospitals and prevent unnecessary transfers to comprehensive stroke centers.

To find out more, including RapidAI’s plans for indications outside of stroke care, SmartTRAK interviewed RapidAI President and CEO Don Listwin. To listen to the interview, recorded via Uberconference, click on the following video (25:40 min). A link to download a transcript of the interview is also provided below.

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2 min read

Are Robotics Reaching a Tipping Point? - Q121 CAS Ortho Market Recap

By Elise Wolf on 7/23/21 9:30 AM

Despite an ongoing slowdown in elective procedures due to COVID, enabling technology continued to experience strong demand in orthopedics in Q121. Since the vast majority of patients who put off elective procedures due to the pandemic are expected to come back into the funnel, SmartTRAK anticipates that robotic and other technologies will continue to gain traction well into next year and beyond.

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4 min read

Wound Biologics' 10-Year Anniversary: My Has the Market Changed!

By Susan Paquette on 7/20/21 8:00 AM

Changing market dynamics over the past ten years has not held back the robust Skin Substitute/CTP market.

As SmartTRAK celebrates its 10-year anniversary covering AWC and the Biologics area, we look back at the market drivers, products and players to see how the US Skin Substitute market has changed over the last decade. We also look ahead to see what is in store for the Skin Substitute market, which is projected to reach $1.64B in 2025E.

The following is a preview of our Wound Biologics market retrospective. The full article, available on SmartTRAK, features our industry experts discussing and analyzing these changes and trends in detail.

Topics: Wound Care
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2 min read

The Slingshot Effect: Q121 US Orthobio Market Recap

By Freddy Buntoum on 7/16/21 9:30 AM

In spite of various headwinds, a strong uptick in surgical procedures and business activities in March was the slingshot effect needed to propel the US Orthobio Market into double-digit percentage growth for Q121.

In spite of the headwinds from a resurgence of COVID-19 cases in Q420 that spilled over to the early part of Q121 and winter storms of historical proportions in February, a strong uptick in elective surgical procedures in March was the slingshot effect the US Orthobio Market needed to propel it.

Among the many topics covered in detail in our comprehensive Q121 US Orthobio Market Recap* are:

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2 min read

A Smoother Road Ahead: Q121 US Joint Fluid Replacement Market Recap

By Freddy Buntoum on 7/14/21 9:30 AM

The first quarter of 2021 felt like riding a car with square wheels, but ahead, the road looks smoother.

Coming out of a rough Q420 that sent the US Joint Fluid Replacement market players spinning at dizzying speed around the roulette wheel, the first quarter of 2021 gave them a bumpy ride on the road to COVID-19 recovery. As if a resurgence of positive COVID cases in late Q420 spilling into Q121 was not enough of a headwind, in mid-February, winter storms Uri and Viola landed a one-two hit across North America. 

Among the many topics covered in detail in our comprehensive Q121 US Joint Fluid Replacement Market Recap* are:

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3 min read

Aleva Neurotherapeutics: Improving Precision with a Next-Gen DBS

By Anne Staylor on 7/9/21 9:30 AM

In an interview with SmartTRAK, André Mercanzini, founder and CEO of Aleva Neurotherapeutics, discusses the Company's next-gen DBS System and improving outcomes via miniaturization and MEMS-based technologies.

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2 min read

Positive Growth: Q121 US Infection Prevention - VA Adjunct Products Market Recap

By Susan Paquette on 7/6/21 11:06 AM

A return to positive growth for the quarter, but gains lag behind pre-COVID-19 levels.

The prevention of Hospital-Acquired Infections (HAIs) continues to drive measures and practices to reduce Central Line-Associated Bloodstream Infections (CLABSIs) and is creating demand for products that can address these issues. Numerous programs and educational tools are being developed to provide measures and strategies that assist healthcare providers in the prevention and reduction of infection in acute care and other settings.

Among the many topics covered in detail in our comprehensive Q121 US Infection Prevention - Vascular Access (VA) Adjunct Products Market Recap* are:

Topics: Wound Care
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2 min read

AWC Stabilizes: Q121 Advanced Wound Care Market Recap

By Susan Paquette on 7/1/21 9:46 AM

Advanced Wound Care begins to stabilize as in-person visits increase and elective procedures rebound.

For Q121, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenue for Advanced Dressings, External Devices and Biologics was up +6.2%, boosted by a strong performance in Biologics, with 3M maintaining the number one position in the AWC space.

Among the many topics covered in detail in our comprehensive Q121 AWC Market Recap* are:

Topics: Wound Care
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9 min read

R&D Focus on Sports Medicine: Patents, Products and Predictions

By Thomas Wallick on 6/28/21 9:31 AM

As the COVID-19 workplace restrictions ease up, the MedTech industry continues to progress with product innovation and plans for the future. In July, AOSSM and AANA are partnering for a combined annual meeting, the first in-person meeting for both since the start of the pandemic. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the Sports Medicine market.

The following is just a small sampling of recent Sports Medicine related updates from around the world compiled, reviewed and posted in real time by our SmartTRAK analysts. 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.

Patents:

  • Zimmer Biomet* 

    Biomet Sports Medicine (ZBH) was issued US Patent “Method and apparatus for forming a self-locking adjustable loop”, describing methods and apparatus for forming a self-locking adjustable loop. 11,039,826

  • Cannabinoid for Sports Med Applications
    Precision Biologic’s US Patent Application “METHODS OF USING CANNABINOID COMPOSITIONS IN SPORTS MEDICINE APPLICATIONS” was published. 20210128521

  • Stryker (Ivy Sports Medicine LLC) was issued US Patent “System and method for all-inside suture fixation for implant attachment and soft tissue repair”, describing an all-inside soft tissue repair device. 10,932,769

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2 min read

The SCS Market Climbs: Q121 SCS Market Recap

By Anne Staylor on 6/25/21 9:33 AM

Despite a resurgence in COVID-19 that impacted procedure volumes early in Q121, the SCS Market’s climb to pre-pandemic levels is well underway.

Although a resurgence in COVID-19 in late 2020 negatively affected procedure volumes early in the quarter, the SCS Market’s climb to pre-pandemic levels has started to gain momentum. For Q121, US SCS revenues were up +13.6% YoY while WW SCS revenues also saw double-digit YoY growth according to SmartTRAK Financial Dashboard.

Among the many topics covered in detail in our comprehensive Q121 SCS Market Recap* are:

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2 min read

What's Next for Medtronic Neurovascular? An Interview with Daniel Volz

By Anne Staylor on 6/21/21 9:30 AM

Dan Volz, President of Medtronic Neurovascular, discusses what’s next for Medtronic Neurovascular in an interview with SmartTRAK.

Dan Volz, President of Medtronic Neurovascular, discusses the Company’s latest research, innovation and plans for growth in an interview with SmartTRAK. To listen to the interview, recorded live via Uberconference, click on the following video. A link to download the transcript of the interview is also provided below.
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2 min read

Looking Up: Q121 Spine Market Recap

By Julianne Burns on 6/18/21 9:30 AM

As the impact of COVID continues to decrease, things are looking up for the Spine market. 

Q121 heralded what we all hope is the rebound from the COVID-related downturn, driven by healthcare resource prioritization and the postponement of non-emergent surgeries. The WW Spine Hardware achieved robust growth, according to SmartTRAK Financial Dashboard. Although January and February were again impacted by COVID, procedure volumes improved throughout the quarter, with Alphatec* (ATEC), NuVasive* (NUVA) and SeaSpine* (SPNE) all specifically calling out an uptick around the March timeframe.

Topics: Spine
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2 min read

Climbing Back: Q121 US Surgical Matrices Market Recap

By Doug Devens on 6/16/21 12:16 PM

Procedures using surgical matrices continued their recovery, with breast matrices benefiting more from comparison to the early stages of the pandemic that began last year.

Procedures using surgical matrices resumed their return to pre-COVID levels. The US Surgical Matrices market returned to growth according to BioMedGPS’ SmartTRAK Financial DashboardAbbVie continued to lead the Surgical Matrices market while Becton Dickinson (BD), although still leading the US Hernia Matrices market, continued to slide as the hernia market lagged the recovery in breast matrices.

Among the many topics covered in detail in our comprehensive Q121 US Surgical Matrices Market Recap* are:

Topics: Wound Care
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2 min read

Another Quarter of Healthy Growth: Q121 Trauma Market Recap

By Natasha Weeks on 6/11/21 9:30 AM

Inclement weather, strong product performances and the impact of M&A all help to drive another quarter of healthy growth for the Trauma Market.

The Trauma Market experienced the third sequential quarter of increasingly healthy growth as both the WW and US Trauma Markets were up YoY. New product introductions, along with inclement weather in the US and EU drove trauma procedures during the first quarter of 2021.

During the Stryker Q121 earnings call, management noted that their trauma business, which is less elective in nature, benefited from inclement weather in the US and Europe in February. 

Among the many topics covered in detail in our comprehensive Q121 Trauma Market Recap* are:

Topics: Orthopedics
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2 min read

Back on Track: Q121 Extremities Market Recap

By Lisa Mahan on 6/10/21 9:30 AM

The first quarter of 2021 sees a resurgence of procedures and new product introductions as M&A activity abounds signaling that the Extremities Market is back on track.

Inclement weather, the return of elective procedures and new product introductions all contributed to growth in the WW Extremities Market, up +5.1% in Q121 and the US market seeing even higher growth. M&A activity continues to impact the Extremities segment as companies expand their portfolios and work to synergize product development and commercial efforts.

Among the many topics covered in detail in our comprehensive   Q121 Extremities Market Recap *  are:
Topics: Orthopedics
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2 min read

COVID-19 & Revision Knee Procedures: An Interview with Craig Della Valle, MD

By Lisa Mahan on 6/8/21 10:50 AM

In Q420 and into Q121, COVID-19 cases ramped up in the US, impacting US Knee replacement procedures. Several large implant manufacturers reported seeing hip procedures being prioritized over knee replacement cases given their more elective nature. However, revision knee replacements are not always able to be postponed. Craig Della Valle, MD of Midwest Orthopaedics at Rush in Chicago discusses the effects of COVID-19 on revision knee procedures and the changes to care pathways precipitated by the pandemic.

To listen to the interview, recorded live via Zoom, click on the following video. A link to the transcript of the interview is also provided below.

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2 min read

Picking Up Speed: Q121 Arthroscopic Technologies Market Recap

By Andy Knapik on 6/4/21 11:22 AM

Arthroscopic Technologies starts to pick up speed in 2021

While the COVID pandemic was still slowing parts of the overall medical device market, the Arthroscopic Technologies market was able to start to pull ahead as case volumes for Arthroscopic Sports Medicine procedures started to climb back towards pre-COVID levels.

Among the many topics covered in detail in our comprehensive   Q121 Arthroscopics Technologies Market Recap *  are:
Topics: Orthopedics
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2 min read

A Tale of Two Recoveries: US Hemostats & Sealants Q121 Market Recap

By Doug Devens on 6/3/21 9:30 AM

The US market for Hemostats and Sealants resumed its growth in Q121 as procedures climbed back towards normal.

While surgical procedures have not fully regained their pre-COVID levels, the US Hemostats and Sealants market grew in Q121 according to SmartTRAK Financial Dashboard. However, it continued to be a tale of two recoveries. CryoLife* and especially JNJ/Ethicon* posted solid gains for the quarter. However, as elective procedures continue to be behind pre-COVID levels, other manufacturers lagged by comparison.

Among the many topics covered in detail in our comprehensive   Q121 Hemostats and Sealants Market Recap *  are:
Topics: Wound Care
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2 min read

A Ray of Sunshine: Q121 Total Joints Market Recap

By Lisa Mahan on 6/1/21 11:16 AM

COVID surges dampened procedure volumes in early Q121, but recovery late in the quarter was like a ray of sunshine

Early in 2021, the dark cloud of the COVID-19 resurgence that started in late 2020 continued to loom over the market early in the quarter. Med tech companies and healthcare providers reported procedure volumes being dampened, but with rays of sunshine peeking through late February and early March. During their Q121 earnings call, HCA Healthcare, one of the largest hospital and healthcare systems in the US, reported rebounding surgical and outpatient volumes in March, with outpatient surgery revenues increasing 30%.

Topics: Orthopedics
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5 min read

SAWC 2021: What's New in Advanced Wound Care?

By Susan Paquette on 5/24/21 1:37 PM

The Symposium on Advanced Wound Care, SAWC, the official meeting of the Wound Healing Society, was held virtually May 10-14 and SmartTRAK attended.

Following is a sampling of some of the takeaways from the meeting that were gathered and curated by our expert analysts and sent out to subscribers in our Daily Updates.

S&N featured a session introducing STRAVIX PL, lyopreserved umbilical tissue w/ room temperature storage, while also highlighting GRAFIX PL, GRAFIX and STRAVIX. SAWC Virtual 2021

A 981-pt (1,111-VLUs) non-inferiority, comparative effectiveness study of PuraPly AM (collagen matrix plus PHMB) antimicrobial and Theraskin (cryopreserved cadaveric skin allograft) for use in VLUs found wound closure comparable at 8, 12, 18 and 24 wks.  SAWC Virtual 2021 CR-17

LifeNet*
LifeNet featured Dermacell AWM and recently launched Matrion at SAWC. Matrion is a human placental allograft used as a barrier membrane to treat chronic and acute wounds – a naturally intact placental membrane to incorporate the full trophoblast layer. SAWC Virtual 2021

Find out how to receive SmartTRAK Daily Updates in your morning email

Topics: Wound Care
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2 min read

Light at the End of the Tunnel: Q121 Soft Tissue Fixation Market Recap

By Andy Knapik on 5/24/21 12:00 PM

COVID roadblocks persist, but the path may be clearing for Soft Tissue Fixation

While COVID was still causing roadblocks for the overall medical device market, Soft Tissue Fixation was able to see some light at the end of the tunnel as case volumes for Orthopedic Sports Medicine procedures started to climb back towards pre-COVID levels.

Q1 Soft Tissue Fixation saw positive revenue growth across all segments over the previous year, especially towards the end of the quarter where case volumes started to pick back up compared to the same period last year, when case volumes plummeted due to the start of the COVID pandemic.

Among the many topics covered in the comprehensive Q121 Soft Tissue Fixation Market Recap* are:

Topics: Orthopedics
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6 min read

What's New at Depuy Synthes?

By Thomas Wallick on 5/18/21 9:06 AM

SmartTRAK highlights what’s new in orthopedics, sports medicine, wound care, regenerative medicine and neuro therapies, with a spotlight on Depuy Synthes, a subsidiary of J&J. We constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, trends, new products, patents, research, financial data and competitor developments in the global life sciences industry.

The following is a sampling of some recent updates covering Depuy Synthes that were compiled, reviewed and posted in real-time by our SmartTRAK analysts.

New Products:

  • DePuy Synthes will distribute Expanding Innovations’ X-Pac Expandable Lumbar Cage System in the US. The system allows for controlled expansion of both height and lordosis and post-packing of graft.
  • In its Q420 earnings call, JNJ touted the FDA clearance of its VELYS Robotic-Assisted Solution for use w/ the ATTUNE* knee system. The Company will launch its VELYS robot for TKA in 2021, however, specific timing was not provided. JNJ Q420 Earnings Transcript on Seeking Alpha
  • WFS analyst Larry Biegelsen notes that in addition to competitive advantages including small footprint, digital connectivity, short set-up time & small learning curve, JNJ’s VELYS robot is expected to be cost-effective w/ prior commentary suggesting a price point of ~$250K.

    Find out how to receive SmartTRAK Daily Updates in your morning email
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2 min read

Do You Know What Your Competition is Up to?

By Thomas Wallick on 5/17/21 11:16 AM

Sure you read the news, a blog or journal or two, but you do you ever truly feel like you know what your competition is up to? SmartTRAK does! We provide real-time market intel on the MedTech industry including trends, news, financial data, competitor developments and more.  Our platform is fueled by industry experts, all of whom have had years of previous experience working at some of the biggest players in the industry.  Our team knows what's important to you and we keep our eye to the competition 24/7-- so that our subscribers can save time and find all the competitive intel they need in one place.

SmartTRAK currently features profiles on an ever-growing growing list of over 7,000+ products, including product descriptions, classifications, indications, clinical updates, regulatory status, studies, reimbursements, sales and distribution and more. Learn more about SmartTRAK's competitor profiling below:


SmartTRAK
also provides up-to-date, detailed company overviews, including the latest intel, revenues and financial outlooks, strategic alliances and more on over 1,100+ companies, and the list is growing daily. New to a particular industry, or looking to expand into new territory? SmartTRAK's company and product profiles can help you get the lay of the land quickly:

 

A subscription to SmartTRAK provides you with access to our comprehensive coverage of Orthopedics, Wound Care, Regenerative Medicine and Neuro Therapies markets worldwide. In addition, all subscribers receive a Daily Updates email containing the latest need-to-know news curated by our expert analysts. It's the perfect way to start your day! If you would like to learn more about   SmartTRAK , or to see if your company subscribes, just click the button below.

Learn More

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2 min read

SmartTRAK Attending ISASS21 in South Beach Miami

By Thomas Wallick on 5/11/21 9:25 AM

It's time to get out there again and re-connect, and SmartTRAK is excited to be attending ISASS21, the International Society for the Advancement of Spine Surgery's 21st annual conference, at the Loews Miami Beach Hotel in South Beach Miami, May 13-15.

SmartTRAK will be represented by Julianne Burns, General Manager, Spine. Please contact us if you would like a meeting.

Click to read some recent SmartTRAKanalysis articles by Julianne that were featured on the blog:

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2 min read

Sometimes You Win: Q420/FY20 US Joint Fluid Market Recap

By Freddy Buntoum on 5/5/21 10:23 AM

Like the ball whirling around a casino roulette wheel, COVID-19 sent the US Joint Fluid Market players bouncing and spinning off widely, with some landing the year as winners, and others not so much.

Once again COVID-19 sent players spinning at dizzying speed around the roulette wheel, all in hopes that Lady Luck would let them land unscathed for Q420. With the continued pressure from COVID impacting recovery of the healthcare system and business operations, including the US Joint Fluid Replacement, total revenue for Q420 finished lower vs Q419, according to  SmartTRAK Financial Dashboard. 


Among the many topics covered in the comprehensive Q420/FY20 US Joint Fluid Market Recap* are:

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3 min read

Pediatric Orthopedics Modules: Spine, Trauma and Extremities are Now Available!

By Thomas Wallick on 5/3/21 11:08 AM



We are excited to announce the addition of the full market view of Orthopedic Pediatrics (US) to the SmartTRAK platform, featuring 3 modules covering Pediatric Trauma, Pediatric Extremities and Pediatric Spine!

Learn More about the SmartTRAK Pediatric Orthopedics Modules
Coverage includes:

  • Pediatric Trauma:
    • Pelvis
    • Femur
    • Proximal Tibia
      Technologies covered include Guided Growth Plates, Anatomic Plates, IM Nails (including Elastic Nails), Deformity Correction and more!
  • Pediatric Extremities
    • Upper Extremities Fixation
    • Foot and Ankle Fixation
      Technologies featured include Cannulated Screws, Clavicle Plates, Wrist Fusion Plates, External Fixation and more!
  • Pediatric Spine:
    • Adolescent idiopathic Scoliosis
    • Early Onset Scoliosis
    • Neuromuscular Scoliosis
      Technologies included feature Growing Rods, Fusion Technologies, Vertebral Body Tethering, ApiFix and more!
Topics: Orthopedics
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3 min read

Stimwave: Taking PNS to the Next Level

By Anne Staylor on 4/27/21 12:37 PM

Aure Bruneau, CEO of Stimwave, discusses his vision for the Company and taking peripheral nerve stimulation to the next level in an interview with SmartTRAK

Since starting as CEO of Stimwave in April 2020, Aure Bruneau has brought a new vision, energy and focus to the Company.  In the last 12 months, the former Zimmer Biomet executive has been positioning Stimwave for growth, building a high performing team and rebuilding the foundation of the Company, touching almost every aspect of the business, including regulatory, quality, manufacturing operations, marketing, IT, compliance and R&D. Strategically, Bruneau has refined the Company’s spinal cord stimulation (SCS) strategy and shifted efforts toward peripheral nerve stimulation (PNS) where he believes the technology will have a more meaningful impact and a market opportunity as big as the existing SCS market. In fact, he estimates the PNS opportunity to be at least $1.5 billion to treat chronic pain just for selected musculoskeletal indications (shoulders, knees, feet, ankles and the SI joint).

Looking ahead, Stimwave is planning to launch new products and a series of clinical trials in 2021 to validate a new standard of care that will help take the Company’s PNS platform to the next level and help drive future growth.

To find out more, click on the following video (26:35 min) and listen to SmartTRAK’s interview with Bruneau recorded recently via Uberconference. A transcript of the complete interview is also available below.

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2 min read

Deep Brain Stimulation Now Available on SmartTRAK

By Thomas Wallick on 4/26/21 11:23 AM

SmartTRAK is pleased to announce the addition of the Deep Brain Stimulation (DBS) module to our business intelligence platform. The DBS module will provide real-time news and analysis of the US market for Deep Brain Stimulation, including an in-depth overview of the market and expert insight into the latest research, trends and innovation in DBS. 

"SmartTRAK is excited to offer this detailed analysis of the US DBS Market. By providing sophisticated market modeling and real-time monitoring of the competitive landscape, my goal is to provide must-have data and unparalleled insight that will help subscribing partners make informed strategic decisions and create innovative solutions that will ultimately improve patient care and drive results." Anne Staylor, SmartTRAK GM, Strategic Alignment & Neuro Therapies.

The Deep Brain Stimulation module includes:
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2 min read

Q420/FY20 US Orthobio Market Recap

By Freddy Buntoum on 4/26/21 9:44 AM

With jockeys and their racehorses out of the gates to make up for the losses during H120, a resurge of COVID cases muddied the track again, slowing the finish to the 2020 Derby.

If the US Orthobio Market was off racing again in Q320, the racetrack got a bit muddy with a resurgence of positive COVID-19 cases, which halted or placed restrictions on elective procedures in some US states. Spine procedure volumes were particularly affected by the renewed restrictions in Q420, which had a domino effect of negatively impacting the Bone Replacement segment for Q4 and FY20, respectively.

Among the many topics covered in the comprehensive Q420/FY20 US Orthobio Market Recap* are:

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2 min read

A Turbulent Year: Q420/FY20 AWC Market Recap

By Susan Paquette on 4/22/21 10:08 AM

A year of turbulence as COVID-19 affects the WW Advanced Wound Care market at different times and in a variety of ways throughout the year.

For FY20, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenue for Advanced Dressings, External Devices and Biologics was down -1.9% YoY. Q420 grew +1.0%, reflecting the gradual recovery in the market.

Among the many topics covered in the comprehensive Q420/FY20 Advanced Wound Care Market Recap* are:

Topics: Wound Care
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2 min read

COVID Consequences in 2021: The European Trauma & Extremities Markets

By Tim Jeavons on 4/20/21 7:45 AM

SmartTRAK outlines consequences COVID-19 is expected to have on the European Trauma & Extremities Market

Twenty-five years of orthopedic business planning has taught me to monitor certain non-business factors when setting goals. Trends in weather patterns, age demographics, lifestyle and activities can have a direct influence on market growth. In 2020, the COVID-19 pandemic negatively impacted the European market with the shutdown of various countries and the ensuing changes in lifestyle such as reduced travel, work and sporting activities. In 2020, SmartTRAK predicted the European Trauma market fell by around 25% with extremities at nearly -50% in the midst of COVID-19 lockdowns. Similar market pressures are also expected during 2021.


Download the complete  "European Trauma & Extremities: COVID Consequences in  2021" article

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2 min read

Weakened by COVID: Q420/FY20 Infection Prevention - US Vascular Access Adjunct Market

By Susan Paquette on 4/16/21 10:03 AM

Anticipated growth for Q4 was weakened by a resurgence of COVID-19 and was not enough to sustain growth with FY20 ending at -3.3% YoY decline.

For FY20, according SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access (VA) Adjunct Products market was down -3.3% YoY, while Q420 revenue was up  +1.2% YoY.

The prevention of Hospital-Acquired Infections (HAIs) continues to drive measures and practices to reduce Central Line-Associated Bloodstream Infections (CLABSIs) and is creating demand for products that can address these issues. Numerous programs and educational tools are being developed to provide measures and strategies that assist healthcare providers in the prevention and reduction of infection in acute care and other settings.

Among the many topics covered in the comprehensive Q420/FY20 Infection Prevention: US Vascular Access Adjunct Market* are:

Topics: Wound Care
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2 min read

A Game-Changing Year for Robotics: Q420/FY20 CAS Ortho Recap

By Elise Wolf on 4/15/21 9:30 AM

Despite market challenges due to the COVID-19 pandemic, 2020 was a game-changing year for enabling technology for orthopedic surgery with robotics hitting an inflection point in acceptance, with record placements in Q420, and enabling technology across the entire continuum of care making significant inroads.

In Q420, MAKO* robot demand drove much of the 12.3% growth in Stryker’s* US Ortho Other segment. In 2020, MAKO’s installed base grew by 33%, and in Q420 hit a milestone of > 100 system installations at major teaching institutions, ASCs and in competitive accounts in the quarter. In fact, according to the Company, MAKO is now available in ~50% of fellowship programs at teaching institutions in US, as well as some in Europe, which will help the transition to standard of care. Stryker noted that new market entrants (Zimmer Biomet’s* ROSA*Smith & Nephew’s* CORI* and DePuy Synthes’* VELYS*) have not slowed MAKO momentum.

Among the many topics covered in the comprehensive Q420/FY20 CAS Ortho Market Recap* are:

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2 min read

Four Trends to Watch in 2021: Enabling Technology in Orthopedics and Spine

By Elise Wolf on 4/12/21 9:31 AM

COVID-19 threw a curveball to spine and orthopedic implant companies in 2020 with the downturn in elective procedures, but one area that continued to make inroads was enabling technologies. Given increasing advances and expanding adoption of these technologies, even during uncertain times, SmartTRAK highlights some significant trends to watch in 2021, including:

1. Flexible Business Models
Companies with robots (Stryker*, MAKO*, Zimmer Biomet*, ROSA*, Smith & Nephew*, NAVIO*/CORI*, Medtronic*, Mazor X*, Globus*, Excelsius GPS) continued to grow at above-market growth in 2020. Record-breaking robotic and navigation system placements in Q3 and Q420 bode well for ...

Download the complete "Four Trends to Watch in 2021" Article

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2 min read

Faltering Under the Weight: Q420/FY20 Spine Market Recap

By Julianne Burns on 4/9/21 7:30 AM

An initially promising Q4 faltered under the weight of the COVID-19 resurgence, leading to a Q420 WW Spine Hardware Market decline of -1.0%. 

The continued rebound that everyone had been hoping for was dampened by the COVID-19 resurgence in Q420. While the quarter got off to a promising start, COVID headwinds picked up negatively impacting Spine procedure volumes due to challenges with hospital resource utilization and renewed restrictions around elective procedures. For example, NuVasive* management noted that the Company entered Q4 with relatively stable case volumes but experienced market disruption from the resurgence of COVID-19 at the exit of the quarter, most notably in parts of the US and Europe.

Among the many topics covered in the comprehensive Q420/FY20 Spine Market Recap * are:

Topics: Spine
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2 min read

A Post-Pandemic Recovery? Q420/FY20 CAS Spine Market Recap

By Elise Wolf on 4/8/21 9:30 AM

A post-pandemic recovery appears to be on the horizon in the CAS Spine space.

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2 min read

Spine's Next Big Biomaterial: DiFusion Technologies’ ZFUZE

By Julianne Burns on 4/6/21 7:45 AM

Derrick Johns, President and CEO of DiFusion Technologies, discusses the challenges and opportunities associated with developing and commercializing a new biomaterial in an interview with SmartTRAK. 

Nearly every company in Spine (and dare we say all of Orthopedics) is working to find the holy grail of biomaterials for interbody implants and more. DiFusion Technologies’ President and CEO Derrick Johns discusses the challenges and opportunities associated with bringing a novel material to market in an interview with SmartTRAK.

To listen to the interview, recorded live via Zoom, click on the following video. A link to download a complete transcript of the interview is also provided below.

Topics: Spine
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6 min read

Mediq: Execution of Strategy Through Acquisitions

By Anikó Szekér on 4/2/21 9:30 AM

Ragna Ouwerkerk, PR Manager at Mediq, discusses the Company and its recent acquisitions in an interview with SmartTRAK.

Mergers and acquisitions have become an attractive business strategy for companies in the wound care space considering to expand into new markets or territories, reach a competitive edge or obtain new technologies. One company looking to strengthen its leadership position in the European wound care market through acquisitions is  Mediq.

Mediq is a Dutch healthcare company founded in 1899 by ninety-one pharmacists as a type of buying group to check the quality of raw materials and medicines. In 2021, Mediq provides pharmaceuticals and medical devices to patients and healthcare facilities globally. Recently, the Company decided to take a major step forward and has had a flurry of acquisitions in the last few months of which some strengthened the presence of the company in some European countries and another helped to enter the UK market.

SmartTRAK: The Company has recently acquired Medirum AB in Sweden, Puls AS in Norway, H&R Healthcare Ltd in the UK, GD Medical AG in Switzerland and Replant 4 Care in Hungary. Mediq also intends to acquire Eurocept Homecare and Da Vinci Kliniek in the Netherlands. What was your thinking behind those acquisitions?

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2 min read

COVID Applies the Brakes: Q420/FY20 Spinal Cord Stimulation Market Recap

By Anne Staylor on 3/28/21 6:21 PM

While US SCS revenues were almost back to pre-COVID levels in Q320, rising COVID case rates put the brakes on procedure growth by the end of Q420 and the US and WW SCS markets ended down -15%+ in FY20 compared to FY19.

Although spinal cord stimulation (SCS) revenues were almost back to pre-COVID levels in Q320, by the end of Q420, rising COVID case rates in certain geographies put the brakes on procedure growth, resulting in a low-single-digit (LSD) decrease in YoY revenues in both the US and WW in Q420. For the full year (FY), US SCS were down -15.1%, with revenues, according to SmartTRAK SCS Financial Dashboard, totaling ...

Among the many topics covered in the comprehensive Q420/FY20 Spinal Cord Stimulation Market Recap * are:

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2 min read

Soft Tissue Fixation Weathered the COVID Storm: Q4/FY20 STF Market Recap

By Andy Knapik on 3/25/21 9:45 AM

Despite a spike in COVID cases, Soft Tissue Fixation was resilient and managed to ride out the COVID storm in Q420

While Q4 brought another surge of COVID cases worldwide, Soft Tissue Fixation was able to weather the storm with more resilience, resulting in YoY revenue declines but sequential revenue volume improvement over Q3.

Q4 saw an increase from the previous quarter and saw numbers that closely matched the same period in 2019. According to SmartTRAK Financial Dashboard, worldwide in Q4, the Soft Tissue Fixation market was down -1.7% YoY. At the regional level, US Soft Tissue Fixation ended Q4 near even from the previous year, down -0.2%. The EU and ROW finished Q4 with declines of -2.9% and -2.8% YoY respectively.

Among the many topics covered in the comprehensive Q420/FY20 Soft Tissue Fixation Market Recap* are:

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3 min read

Abbott Launches Remote Programming for Neuromodulation: An Interview with Keith Boettiger

By Anne Staylor on 3/23/21 8:00 AM

In an interview with SmartTRAK, Keith Boettiger, VP of Abbott Neuromodulation, discusses the Company’s new NeuroSphere Virtual Clinic, a potentially game-changing technology that enables physicians to remotely program stim settings for patients with DBS, SCS and DRG devices in real-time.

On March 8, 2021, Abbott announced the US launch and FDA approval of the NeuroSphere Virtual Clinic, a first-of-its-kind remote neuromodulation patient-care technology that allows patients to receive new treatment settings from their physicians in real-time and remotely via cloud and Bluetooth-based technology. Using the patient controller app, a new remote programming feature, the clinician programming app and a new secure remote connection, physicians can communicate with patients and remotely optimize and digitally prescribe new stimulation settings for patients who are implanted with a deep brain stimulator, spinal cord stimulator or a dorsal root ganglion stimulator.

Keith Boettiger, VP of Abbott Neuromodulation, discusses remote programming using the NeuroSphere Virtual Clinic and what it means for physicians, patients and the market for neuromodulation devices in an interview with SmartTRAK. To listen to the interview, recorded recently via Uberconference, click on the following video (24:09 minutes). A link to download the transcript of the interview is also provided below.

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2 min read

Healthy Growth in Q420: Q420/FY20 Trauma Market Recap

By Natasha Weeks on 3/22/21 12:16 PM

Healthy growth closes out Q420 as the trauma segment recovers in the second half of the year hitting pre-COVID levels.

Despite the rise in COVID cases during Q4, the Trauma Market fared well resulting in positive YoY revenue gains that represented healthy, pre-COVID level volumes. Trauma players cited another quarter of healthy trauma growth, as the second half of the year ended on an upswing (+5.6% vs. H219). Top US market leaders, DePuy Synthes (49.4% Q420 US share), Stryker (27.3%) and Smith & Nephew (9.8%) all reported improved sequential gains.

Among the many topics covered in the comprehensive Q420/FY20 Trauma Market Recap* are:

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2 min read

COVID-19 Surge Wipe Out: Q420/FY20 Total Joints Market Recap

By Lisa Mahan on 3/17/21 9:21 AM

Surge in COVID-19 Wipes Out Some Procedural Recovery

The surge of COVID-19 cases in Q420 likely brought on by holiday gatherings threatened to wash away the beginning of elective procedure recovery in Q3. In some regions of the US, healthcare facilities once again found themselves underwater as they struggled to care for COVID patients. OUS, Britain and other countries continued to face shutdowns and delay of non-urgent procedures.

Among the many topics covered in the comprehensive Q420/FY20 Total Joints Market Recap* are:

Topics: Orthopedics
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2 min read

SmartTRAK's Top 3 Tips for Research & Development Success

By Lindsey Wolejko on 3/16/21 7:45 AM

In the fast pace world of MedTech, the best industry players always look to evolve, create and innovate. Usually, the responsibility comes down to R&D, Marketing and Business Development to know the landscape and spot the opportunities.

Having worked with many successful Research and Development teams over the years we set out to uncover:

  • What sets successful teams apart from those that are less successful?
  • Is great data a differentiator?
  • What can teams do to put themselves on track to greater success?

Learning from our subscribers and also from our Analysts with backgrounds in R&D, we put together SmartTRAKs Top 3 Tips for Better Product Development Success. We're excited to share our learnings with you!

Just click the image below to download a PDF of SmartTRAKs Top 3 Tips for Better Research & Development Success.

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9 min read

R&D Focus on OrthoBio: Patents, Products & Predictions

By Thomas Wallick on 3/15/21 11:07 AM

As the Covid-19 pandemic continues its unprecedented impact on economies around the world, the MedTech industry presses on with product innovation and plans for the future. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the OrthoBio market.

The following is just a small sampling of recent OrthoBio updates from around the world compiled, reviewed and posted in real time by our SmartTRAK analysts. 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.

As part of SmartTRAK's R&D appreciation month, Research & Development professionals can now sign up for a Complimentary Month of Daily Updates delivered straight to your inbox. Just let us show you SmartTRAK and we'll give you a month of Daily Updates, delivered to your inbox, for FREE!

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2 min read

Breast & Hernia Procedures Stall: Q420/FY20 US Surgical Matrices Market Recap

By Doug Devens on 3/11/21 9:20 AM

The recovery in breast and hernia procedure stalled in Q420, with revenue dropping -9.2% YoY, according to BioMedGPS’ SmartTRAK Financial DashboardAbbVie* maintained its lead despite the effects of the pandemic, off -8.4% YoY, as its breast matrices continued to lag in the overall recovery. Becton Dickinson* (BD) slid –1.2% YoY as hernia procedures bounced back to normal levels a little faster ...

Among the many topics covered in the comprehensive Q420/FY20 US Surgical Matrices Market Recap* are:
Topics: Wound Care
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1 min read

SmartTRAK Seeking Wound Care, OrthoBio & Regen Med Consultants

By Lindsey Wolejko on 3/9/21 10:30 AM

SmartTRAK is seeking consultants with deep experience in Advanced Wound Care, OrthoBiologics and Regenerative Medicine.
 

SmartTRAK’s consulting business is growing and we need experienced professionals to grow with us! We're looking for subject matter experts with 10+ years of relevant industry experience and expertise in the following areas:

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3 min read

Trends in OrthoBiologics & Regenerative Medicine: A Surgeon's Perspective

By Freddy Buntoum on 3/3/21 8:45 AM

Dr. Wasik Ashraf, an Orthopaedic Surgeon specializing in Sports Medicine, discusses trends and innovation in Orthobiologics and Regenerative Medicine in an interview with SmartTRAK.

In this wide-ranging interview, Dr. Ashraf gives his view of CMS' FY21 OPPS-ASC Final Rulemaking, and discusses emerging trends and innovation in OrthoBiologics and Regenerative Medicine. As a Board-certified and fellowship-trained physician specializing in sports medicine, joint preservation and cartilage restoration, Dr. Ashraf offers his unique view and perspective on some of the newest technologies he is using, as well as those to look out for in the coming years. 

To listen to the interview, recorded live via Uberconference, click on the following video (41:37 min). A transcript of the interview is also available below.

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9 min read

R&D Focus on Neuromodulation: Patents, Products & Predictions

By Anne Staylor on 3/3/21 8:15 AM

Despite the continuing challenges posed by the pandemic, the MedTech industry presses on with product innovation and plans for the future. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the Neuromodulation market.

The following is just a small sampling of recent Neuromodulation updates from around the world compiled, reviewed and posted in real time by our SmartTRAK analysts. 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.

As part of SmartTRAK's R&D appreciation month, Research & Development professionals can now sign up for a Complimentary Month of Daily Updates delivered straight to your inbox. Just let us show you SmartTRAK and we'll give you a month of Daily Updates for FREE!

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2 min read

US Hemostats and Sealants Climb Back: Q420/FY20 Market Recap

By Doug Devens on 3/3/21 8:00 AM

The US market for Hemostats and Sealants continued back toward its pre-pandemic levels, gaining +20.0% QoQ and up +1.1% YoY. For FY20, the market declined, as COVID-19 delayed procedures in Q220 proved too much to overcome.

As the US Healthcare system learned to navigate the new normal and elective procedures continued their return toward COVID-19 levels, the US Hemostats and Sealants market finally exceeded pre-pandemic levels, up +1.1% YoY according to SmartTRAK Financial Dashboard. However, for the year the market was down as Q220’s delayed procedures proved too much to overcome.

Among the many topics covered in the comprehensive Q420/FY20 US Hemostats and Sealants Market Recap* are:

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4 min read

NANS 2021: An Interview with Boston Scientific's Nilesh Patel, MD

By Anne Staylor on 3/2/21 7:45 AM

Nilesh Patel, MD, vice president of medical affairs for Boston Scientific, discusses the Company’s latest research and innovation in neuromodulation in an interview with SmartTRAK.

With the US launch of the WaveWriter Alpha portfolio of spinal cord stimulation systems, fast-acting sub-perception therapy (FAST) and the Cognita suite of digital solutions, Boston Scientific is expanding the boundaries of pain therapy and fueling a new era of personalization using advanced analytics to identify, predict and intervene early in a patient’s pain. Nilesh Patel, MD, vice president of medical affairs at Boston Scientific (BSX), discusses these advances and more from the virtual NANS 2021 meeting in an interview with SmartTRAK.

To listen to the interview, recorded live via Uberconference, click on the following video. Read on to find out how to receive a transcript of the complete interview.

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11 min read

R&D Focus: Patents, Products & Predictions: The Week in Wound Care

By Thomas Wallick on 3/1/21 11:22 AM

Facing the prevailing headwinds of the pandemic, the MedTech industry presses on with product innovation and plans for the future. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the Wound Care market, including Advanced Wound Care, Conventional Wound Care, Infection Prevention, Biosurgery, Surgical Matrices, EU and ROW Advanced Dressings and EU Negative Pressure Wound Therapy.

The following is just a small sampling of the Wound Care updates from around the world compiled, reviewed and posted in real time last week by our SmartTRAK analysts. 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.

As part of SmartTRAK's R&D appreciation month, Research & Development professionals can now sign up for a Complimentary Month of Daily Updates delivered straight to your inbox. Just let us show you SmartTRAK and we'll give you a month of Daily Updates for FREE!

Patents:
  • Medtronic*
    Medtronic’s US Patent Application “POWERED SURGICAL TACK APPLIER” was published, describing a powered system for surgical tack application for hernia repair. 20210045740
  • Interrad*

    Interrad’s US Patent Application “SYSTEMS AND METHODS FOR ANCHORING MEDICAL DEVICES “ was published describing an anchor system that includes an anchor device, a tether and an adapter for securing a catheter to a pt using subcutaneous anchors. 20210052857

Topics: Wound Care
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2 min read

Top Trends in Spine in 2021: A Market in Motion

By Julianne Burns on 2/22/21 11:14 AM

Tracking which procedures will drive growth within the Spine hardware market as we ride the ups and downs of COVID-19.

Following a Q320 rebound in elective procedures sparking a return to growth for the COVID-ravaged Spine market, the recent COVID resurgence has once again dragged US Spine growth rates down. While many companies have yet to report Q420 earnings, early signs point to a downturn, with procedure volumes impacted by hospital resource utilization and renewed restrictions around elective procedures.

In this article, Julianne Burns, SmartTRAK's GM, Spine, looks at the following topics:

  • The COVID Impact Update
  • Shifts in Cervical Total Disc Replacement (cTDR)
  • Growth in Prone Lateral Procedures
  • Expansion in SI Joint Fusion
  • Innovation in Interbody Materials
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3 min read

NANS 2021: An Interview with Medtronic's Charlie Covert

By Anne Staylor on 2/18/21 9:30 AM

Charlie Covert, Medtronic’s VP/GM of Pain Therapies, discusses the Company’s neuromodulation news at NANS 2021 in an interview with SmartTRAK.

To find out about what was new for MDT at NANS 2021, including the 12-month results from MDT’s DTM SCS study, its initiatives in evoked compound action potentials (ECAPs), the Vanta recharge-free SCS and MDT’s research into expanded indications, click on the following video below to listen to SmartTRAK’s interview with Charlie Covert recorded live via Uberconference (25:39 min). A complete transcript of the interview is also provided below.

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2 min read

Arthroscopic Technologies Market Coverage Now Available on SmartTRAK

By Thomas Wallick on 2/15/21 11:24 AM

SmartTRAK is excited to announce the addition of the Arthroscopic Technologies module to the SmartTRAK platform. For the first time ever, the world of arthroscopic technologies will be analyzed and available right at your fingertips.

Our Arthroscopic Technologies module is managed by Andy Knapik, Andy has 20+years experience in US and International Sales and Marketing for the orthopedics and sports medicine markets, including 12 years at Smith & Nephew.

"Arthroscopic minimally invasive surgery is increasingly popular for patients and surgeons alike. The challenges associated with this type of surgery require ever changing advancements in technology that offer the orthopedic surgeon more efficient ways to see and work within the joint space effectively. Because of this, SmartTRAK is excited to offer detailed analysis for the arthroscopic technologies market." Andy Knapik, Sr. Analyst, SmartTRAK Arthroscopic Technologies.

Our Arthroscopic Technologies module covers:

  • Arthroscopic/Endoscopic Video
  • Mechanical Resection
  • Radio Frequency Ablation
  • Fluid Management
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14 min read

R&D Focus: Trials, Patents, Products & Predictions: The Week in Orthopedics

By Thomas Wallick on 2/11/21 9:30 AM

Facing the prevailing headwinds of the pandemic, the MedTech industry presses on with product innovation and plans for the future. SmartTRAK reports daily on the challenges still ahead, covering all aspects of the Orthopedic market: Extremities, OrthoBio, Spine, Computer Assisted Surgery, Total Joints, Trauma, Soft Tissue Fixation and EU Extremities and Trauma.

The following is just a small sampling of the Orthopedic updates from around the world compiled, reviewed and posted in real time last week by our SmartTRAK analysts. We constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, trends, new products, patents, financial data and competitor developments in the global Life Sciences industry.

Arthroscopic Treatment of Chronic Instability of the Lateral Ankle Joint

This study evaluated the clinical effect of total arthroscopic repair of the anterior talofibular ligament in the treatment of chronic instability of the lateral ankle. clinicaltrials.gov

Treatment of varus posteromedial rotatory instability of the elbow w/ an internal joint stabilizer is as effective as a static lateral ex fix allowing for elbow ROM & eliminating many of the complications associated w/ ex fix concluded a cadaveric study. J Shoulder Elbow Surg

Topics: Orthopedics
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2 min read

Beyond COVID: Joint Replacement Trends to Watch

By Lisa Mahan on 2/9/21 8:00 AM

From the global pandemic, shifts in site of care and technologies of interest, to the shift of procedures, these are some of the trends to watch in 2021

In 2020, monitoring the effects that COVID-19 had on joint replacement market quickly dominated the collective consciousness. And as we enter 2021, it is sure to remain top of mind but other trends are worth watching as well. From the shift in site-of-care to technologies of interest, SmartTRAK outlines some of the developments in the joint replacement market.

Among the many things to watch for in 2021 that are included in detail in this Market Outlook analysis article, written by Lisa Mahan, SmartTRAK's VP of Orthopedics, are:

  • Expect Early Market Stops and Starts, Ups and Downs - After the initial wave of COVID-19 in March 2020, elective surgical procedures returned in Q2 and Q320 along with market recovery. However, a rising wave of COVID cases leading into the new year precipitated another round of shutdowns in different regions across the US ...

Topics: Orthopedics
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2 min read

The Impact of COVID-19 on US Advanced Wound Care: An Update

By Susan Paquette on 2/8/21 9:37 AM

SmartTRAK analyzes how COVID-19 and vaccinations will impact the US Advanced Wound Care Market in 2021.

The impact of COVID-19 on life in the US and its onslaught into the US health care system began in mid-March. CMS and the American College of Surgeons recommended that hospitals, physicians and clinics halt all non-essential medical and surgical procedures, including the treatment of many types of wounds. However, the continual care of a chronic wound is essential for patients to ensure it is on the correct trajectory to heal. Typically, clinicians treat chronic wounds at least once a week to assess the progress of the wound, provide debridement and/or apply CTPs (skin substitutes). The hospital outpatient department (HOPD) wound clinics have been the primary site-of-care to treat these wounds but with the closing of several of these facilities during the initial COVID surge, many patients with chronic wounds were not seen, delayed treatment or began the transfer to the physician office for treatment. In fact, there is some evidence that wounds increased in severity since the start of the pandemic resulting in greater use of higher technology products and unfortunately, an increase in amputations.

The most significant impact on the market occurred in April/May 2020 when several states went into lock down and most, if not all, elective procedures were cancelled. SmartTRAK analyzed the Advanced Wound Care market back in April with the assumption that the peak of COVID-19 would occur during April/May and would slowly return to normal in a v-shaped or hockey-stick shaped recovery. However, data show COVID-19 did not peak solely in the April/May time frame ...

Topics: Wound Care
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3 min read

See What's Coming to SmartTRAK in 2021

By Thomas Wallick on 2/2/21 8:00 AM

Over the past few months, the SmartTRAK team has been hard at work preparing for some significant market coverage expansion for 2021.  Our Analysts have been diligently monitoring the marketplace and speaking with our subscribers to understand where we should focus our market intelligence efforts next. We are thrilled to announce the following market segments will be launching soon! If you're interested in learning more or if you would like a demo of these new areas, please reach out. We'd love to show you the platform and how real-time intelligence can lead to real-time results.

Arthroscopic Technologies

Launching February 2021

SmartTRAK is expanding its Sports Medicine coverage, covering arthroscopic enabling technologies and devices including:
  • Visualization
  • Mechanical resection
  • Radio frequency ablation
  • Fluid management

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3 min read

Riding the Wave of COVID-19: Top Trends in Trauma Fixation in 2021

By Natasha Weeks on 1/28/21 2:21 PM

As companies ride the latest wave of COVID-19, SmartTRAK predicts the trends and technologies that will continue to advance the trauma industry in 2021 and 2022.

Trend #1: Procedures Return to Near-Normal Levels in 2021

After the first swell of COVID-19 this past March, elective surgeries took a major hit. As most procedures were postponed during this phase of the pandemic, the trauma segment was impacted to a lesser extent. In early 2020, trauma surgeons reported seeing definite decreases in volumes due to stay-at-home orders, with polytrauma being almost negligible in certain US cities. Geriatric fractures also decreased, but to a lesser extent according to the OTA COVID-19 Webinar discussion. Despite the decrease, surgeons treated the majority of trauma fracture fixation procedures and provided conservative treatment in only a small portion of patients who were in facilities or areas heavily impacted by COVID-19.

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11 min read

High CEO Turnover and Succession Rate in Wound Care

By Lennart Stadler on 1/25/21 9:30 AM

SmartTRAK reviews the impact and underlying reasons behind the high turnover rate among CEOs in the wound care market.

At the end of November 2020, Zlatko Rihter assumed his role as the new CEO for Mölnlycke*, which means that all top four Advanced Wound Care players now have CEOs with less than three years in office. As a matter of fact, seven or eight of the top 10 players have appointed new CEOs in the last three years, depending on how you count Acelity being acquired by 3M.

The average time in office for a CEO among the 2,500 largest public companies is around seven years. Most of the transitions are planned (70%), some are forced out (15%), and some are consequences of mergers (15%). In US hospitals, the turnover rate among CEOs is close to six years.

While the reason for replacing the CEO is sometimes not clear, in most cases it is. SmartTRAK reviews what is behind the transition in CEOs at the top wound care companies and what it means for the Advanced Wound Care market, which is estimated to be have generated $7.4B in the last 12 months according to SmartTRAK forecasts.

Topics: Wound Care
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2 min read

Meet Jenny Blair, MD: Senior Analyst/Editor

By Thomas Wallick on 1/21/21 9:30 AM

We are pleased to announce that Jenny Blair, MD, has joined the team at SmartTRAK as Senior Analyst/Editor. Jenny has 10+ years' experience as an award-winning journalist and analyst. Formerly a board-certified emergency physician, Jenny has provided coverage of device markets for Medtech Insight and contributed to Univadis, Medscape, MedPage Today and Discover.

Meet Jenny Blair:

What is your role with SmartTRAK? I’m a Senior Analyst/Editor helping to cover Neuro Therapies and Digital/CAS and providing occasional editorial and analyst support across all modules and product lines.

What do you like about SmartTRAK? The interface is clean, inviting, and information-rich.

What is something special or unique that you bring to SmartTRAK subscribers? I’m an unusual creature—a science and medical writer and journalist as well as a former emergency physician. So I’m at home speaking with and synthesizing information from a variety of experts while also knowing firsthand about some of the challenges clinicians face.

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6 min read

EWMA 2020 Virtual Meeting Highlights and The Impact of COVID-19 on Wound Care

By Lennart Stadler on 1/18/21 11:46 AM

SmartTRAK reviews the 2020 Virtual EWMA meeting covering the impact of COVID-19, the growing use of digital tools and emerging technologies 

For the first time, the European Wound Management Association (EWMA) annual meeting, held November 18 – 19th 2020, was an all-virtual event. As the premier wound care conference in Europe, EWMA 2020 showcased the latest news and trends in the market for European Advanced Wound Dressings, which is projected to reach $1.8B in 2020 according to SmartTRAK estimates. It turned into a truly global event thanks to the format that welcomed 9,758 registered participants from 113 countries from all over the world.

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3 min read

Meet Andy Knapik - Senior Analyst, Soft Tissue Fixation

By Sharon O'Reilly on 1/13/21 11:25 AM

We are pleased to announce that Andy Knapik has joined the team at SmartTRAK as Senior Analyst, Soft Tissue Fixation and Arthroscopic Technologies. Andy has 20+ years’ experience in US and International sales and marketing for the orthopedics and sports medicine markets, including 12 years at Smith & Nephew.

Meet Andy Knapik:

What is your role with SmartTRAK? As Senior Analyst for Soft Tissue Fixation and Arthroscopic Technologies, I am currently developing and supporting the Arthroscopic Technologies module, which is new to SmartTRAK, as well as the Sports Medicine Repair module.

What do you like about SmartTRAK? I love the depth and range of experience of all of the analysts. There is a lot of industry knowledge that we can offer customers, and it’s really impressive to me.

What is something special or unique that you bring to SmartTRAK subscribers? I have 20 years of experience in orthopedics working with just about every product that an orthopedist would use from sports medicine and arthroscopy, to trauma and reconstruction. I have also worked in diverse geographies, working in both the US market and internationally in both established as well as emerging markets. So even though my current specialty lies in sports medicine and arthroscopy, there is quite a bit of cross over in general orthopedics that I am able to discuss.

Topics: Orthopedics
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5 min read

SmartTRAK's Top 10 Blog Posts of 2020

By Sharon O'Reilly on 1/11/21 10:00 AM

2020 was a tumultuous year like no other, and SmartTRAK, the leading provider of real-time market data, analysis and advisory services for the orthopedic, wound, regenerative medicine and neuro therapies markets, was here to keep you informed of everything that transpired in the MedTech industry. SmartTRAK covered all the key happenings in 2020, providing comprehensive industry coverage of the latest trends, news, intel and interviews most important to you.

Here are SmartTRAK 's Top 10 blog posts of the past year with 3 bonus posts, because at SmartTRAK  we always strive to deliver more than what's expected!

 

1) A Critical Crossroads for COVID-19: An Interview with Krishnan                             Chakravarthy
   by Anne Staylor, 3/23/20

Krishnan Chakravarthy, MD, PhD discusses the COVID-19 pandemic, current and evolving methods for containing and treating the virus, how it's changing the practice of pain medicine and its impact on industry in an interview with SmartTRAK.

2) Europe: New Routines in Greetings and in Wound Management 
     by Anikó Szekér, 12/21/20

SmartTRAK examines the Top 5 countries in Europe during the time of COVID-19 and estimates how the Advanced Wound Dressing Market will be impacted in 2020 and 2021.

3) What's New in Spine and Orthopedic Computer-Assisted Surgery (CAS)
     by Elise Wolf, 11/24/20

SmartTRAK highlights what’s new in the Spine and Orthopedic Computer-Assisted Surgery (CAS) markets.

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2 min read

A Wild COVID Roller Coaster Ride: Q220 & Q320 Soft Tissue Fixation Market Recap

By Freddy Buntoum on 1/8/21 11:12 AM

Although the COVID-19 roller coaster was a tough ride in Q220, Soft Tissue Fixation was stepping out and looking good in Q320

When an unpredictable COVID-19 roller coaster hit the tracks, companies saw revenue plummet in Q220 as stay-at-home orders were implemented (mid-March) and elective surgeries were canceled or postponed indefinitely. The impact of COVID-19 that forced government-imposed restrictions was felt throughout the 2
Topics: Orthopedics
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2 min read

A Q320 Ray of Sunshine: US Joint Fluid Replacement Market Recap

By Freddy Buntoum on 1/7/21 10:00 AM

Q320 - The bright ray of sunshine companies had hoped for after dismal results in Q220

While Q220 is down in history as a disastrous quarter, marred by the dark mark of COVID-19, Q320 is the bright ray of sunshine companies in the US Joint Fluid Replacement market had hoped for.

For Q320, HA companies shared upbeat notes about renewed product demand, fueled by an uptick in activity from patients (out and about), distribution channels, and physicians treating an influx of new, as well as existing patients. One of the factors benefiting the HA market is the backlog of patients awaiting their turn for knee arthroplasty (TKA) and remain in need of treatment to manage their knee osteoarthritis (KOA) pain. 

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 US Joint Fluid Market Recap* are:

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2 min read

Trauma Rebounds: Q320 Market Recap

By Natasha Weeks on 1/6/21 9:45 AM

With restrictions lifted during Q320, the trauma segment rebounded from the prior quarter as procedural volumes increased and revenues hit pre-COVID levels.

In the absence of strict COVID restrictions, the jump ball went to the return of healthy trauma volumes during Q320. Major players cited quarterly growth in line with previous years. Q320 picked up the pace with the US Trauma Market leading the charge, up +4.6%, while the EU and ROW declined.

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 Trauma Market Recap* are:

Topics: Orthopedics
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2 min read

A Ray of Sunshine but Dark Clouds Ahead: Q320 SCS Market Recap

By Anne Staylor on 1/4/21 10:54 AM

The US Spinal Cord Stimulation Market saw a ray of sunshine in Q320 as revenues recovered to almost pre-COVID levels, but dark clouds lie ahead

Q320 was a ray of sunshine for the US Spinal Cord Stimulation (SCS) market as revenues returned to almost pre-COVID levels according to SmartTRAK Financial Dashboard. Sequentially, US revenues bounced sharply from Q220. Although OUS revenues weren’t as sunny, WW SCS revenues recovered in Q320, jumping ~60% sequentially from Q220 revenues.

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 Spinal Cord Stimulation Market Recap* are:

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2 min read

Robotic Installations Shatter Expectations: Q320 CAS Ortho Market Recap

By Julianne Burns on 12/28/20 11:50 AM

Orthopedic Robotic Installations Continued to Shatter Expectations in Q320

Orthopedic robotics is still in the early stages of adoption with SmartTRAK estimating that more than 25% of US hospitals have a robot and that fewer than 18% of TKA procedures in the US will have been performed robotically by YE2020. However, Stryker* noted in its Q320 earnings call that orthopedic robotic adoption (MAKO*) has started to reach an inflection point with an uptick in momentum that includes increasing interest, multiple installations in centers, placements into teaching hospitals and a shift to ASCs. Increasing competition from Zimmer Biomet’s* ROSA* and the launch of Smith & Nephew’s* CORI* second-generation robotic platform, has helped to push accounts that were thinking about purchasing a robot to follow through.

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 CAS Ortho Market Recap* are:

Topics: Orthopedics
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2 min read

Reaching A Tipping Point in Market Acceptance: Q320 CAS Spine Recap

By Julianne Burns on 12/23/20 9:30 AM

Continuing robotic implant pull-through and achievement of enabling technology milestones reflect increasing importance of CAS Spine technology in Q320.

Similar to market dynamics in recon robotics, spine robotics are beginning to reach a tipping point in market acceptance. In its Q320 earnings call, CEO Dave Demski noted that Globus Medical* is seeing increasing interest in its Excelsius GPS* robot and that the Company is in a different part of the robotic adoption curve, with surgeons well beyond their initial skepticism as robots have become more mainstream. Globus and Medtronic* have the strongest positions in enabling technology and robotics in spine. However, competition will be heating up over the next several years.

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9 min read

Europe: New Routines in Greetings and in Wound Management

By Anikó Szekér on 12/21/20 10:21 AM

SmartTRAK examines the Top 5 countries in Europe during the time of COVID-19 and estimates how the Advanced Wound Dressing Market will be impacted in 2020 and 2021.

Using an elbow bump instead of a handshake or hug is not the only new routine people have learned during the pandemic. As winter arrives with an expected surge in COVID-19, healthcare systems and services in Europe are building on lessons learned from the spring outbreak to help shape the way health services will be delivered in the coming months.

Amid this pandemic, several factors are affecting growth in the European Advanced Dressings Market, which is projected to reach ~$2.07B (€1.85B) by 2024 according to SmartTRAK estimates. In this article, SmartTRAK reviews how the COVID-19 pandemic has evolved in Europe and how it is impacting the market for Advanced Dressings in France, Germany, the UK, Spain and Italy.

Topics: Wound Care
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2 min read

Gain vs Loss: Q320 Infection Prevention: US Vascular Access Adjunct Market

By Susan Paquette on 12/18/20 10:44 AM

Q3 makes a recovery from Q220 losses but gains remain below pre-COVID levels

For Q320, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention-Vascular Access Adjunct Products market was down -1.8% YoY. Leading manufacturers in this segment hit hard in Q220 by COVID-19 restrictions and elective procedure cancellations reported positive growth over Q2, but are still not at pre-COVID-19 levels.

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 Infection Prevention: US Vascular Access Adjunct Market Recap* are:

Topics: Wound Care
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2 min read

Navigating the New Norm: Q320 Orthbio Market Recap

By Kim French on 12/17/20 10:10 AM

Orthopedics market stages a third-quarter rally while navigating a new norm.

As the US healthcare system adjusts to the “new” norm brought on by the COVID-19 pandemic, the US Orthobiologics market rallied in Q320, ending the quarter up +2.3% YoY. 

Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 Orthobio Market Recap* are:
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2 min read

Bouncing Back: Q320 Advanced Wound Care (AWC) Market Recap

By Susan Paquette on 12/16/20 9:30 AM

In Q320, Advanced Wound Care bounced back to almost normal levels amidst the COVID-19 pandemic with patients returning for chronic wound treatment.

For Q320, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics increased slightly YoY.

3M* remained the WW market leader, up +1.5% YoY, driven by tentative signs of improvement in elective procedures. WW Advanced Dressings returned to positive growth, with mixed performance among leading players. US Skin/Dermal Substitute (CTP) revenue rebounded over Q319, driven by a whopping performance by Organogenesis, while WW NPWT was down slightly YoY, with single-use down and traditional devices flat.

Among the many topics covered in the comprehensive Q320 Advanced Wound Market Recap* are:

Topics: Wound Care
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2 min read

Fanning the Flames of Growth: Q320 Extremities Market Recap

By Lisa Mahan on 12/14/20 10:45 AM

Return of elective procedures in Q320 fanned the flames of Extremities growth.

The return of elective procedures, along with the opening up of the US, fanned the flames of growth in the US with the Extremities Market returning to pre-COVID growth levels in Q320. Strength in both the Upper Extremities and Foot & Ankle Market fueled the fire with US Extremities heating up with +6.6% growth, according to SmartTRAK Financial Dashboard. The US Shoulder Replacement market segment brought the heat in US Upper Extremities which grew +6.3%, while Foot & Ankle Fixation and Ankle Replacement were also up, adding fuel to the fire in the Foot & Ankle market segment.
Topics: Orthopedics
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12 min read

Orchid: The Evolution of Contract Manufacturing

By Lisa Mahan on 12/11/20 2:38 PM

Orchid Orthopedic Solutions CEO Nate Folkert discusses Orchid and the changing landscape of contract manufacturing

With locations around the globe, Orchid Orthopedic Solutions has partnered with established medical device companies, start-ups and surgeon entrepreneurs. The Company, which was established in 2005, has evolved to include facilities at 13 locations worldwide offering a range of services from contract design and development through finished goods manufacturing and packaging.

Orchid CEO Nate Folkert discusses his recent transition from the device company side of the Orthopedic business to the supply side, the evolving nature of the supply side business and the changes that have come about as a result of the COVID-19 pandemic. Click on the following video to listen to SmartTRAK’s interview with Folkert recorded live via Zoom (15:09 min). A complete transcript of the interview, with a link to download it, is also provided below.

Topics: Orthopedics
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2 min read

COVID Casting Shadows of Doubt on a Rebound: Q320 Spine Market Recap

By Julianne Burns on 12/11/20 11:40 AM

Rising COVID cases in the US casting shadows of doubt on ongoing rebound for the Spine market. 

Quarterly results hint at a sustained rebound for the Spine market even as the US faces a surge of COVID cases. WW Spine Hardware revenues were up as surgeons worked through a backlog of patients postponed due to COVID-19. The US Spinal Fusion Market saw a +3.6% uptick in Q320, with the US Disc Replacement market, VCF and Dynamic Devices all showing growth, according to SmartTRAK Financial Dashboard.

In an October Needham Spine & Robotics Expert Call, Spine surgeon Dr. Peter Whang noted that he and his peers were operating at full capacity at the time with a large backlog of patients to work through. In order to catch up on cases, accommodations are being made with extended clinic hours and elective cases scheduled on weekends. Dr. Whang affirms that COVID has accelerated the shift of spine procedures to an ASC setting and notes that ASC cases recovered faster and will be more resistant to any restrictions due to future COVID spikes.

Among the many topics covered in the comprehensive Q320 Spine Market Recap* are:

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3 min read

Magstim: Opportunities in Transcranial Magnetic Stimulation: An Interview with Lothar Krinke

By Anne Staylor on 12/8/20 9:09 AM

Magstim CEO Lothar Krinke, PhD discusses Magstim and opportunities in transcranial magnetic stimulation in an interview with SmartTRAK

As a pioneer in transcranial magnetic stimulation (TMS), Magstim has been a leading supplier of transcranial magnetic stimulators for the last 30 years. Although TMS was first primarily used for research applications, it is now widely used in the clinical setting as a non-invasive therapy to treat major depressive disorder in patients who have failed medication therapy or other treatments. Magstim estimates approximately 50,000+ patients per year in the US receive TMS therapy for depression, a fraction of the five-to-six million patients who currently suffer from medication-resistant depression. 

The combined worldwide market for TMS, including the clinical and research market, is estimated at ~$200 million a year, but it is potentially a multi-billion dollar market according to Magstim CEO Lothar Krinke, PhD. To find out more about TMS and Magstim, including its recent acquisition of Electrical Geodesics (EGI) and its high-density EEG from Royal Philips, click on the following video to listen to SmartTRAK’s interview with Dr. Krinke, recorded live via Uberconference (31:05 min). To download a complete transcript of the interview, just click the link below.

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2 min read

A Journey Back to Normalcy: Q320 Hemostats and Sealants Market Recap

By Doug Devens on 12/7/20 9:58 AM

The US market for Hemostats and Sealants began the journey back to normalcy, slipping -0.2% YoY in Q320, as elective surgeries began to be performed again. Hemostats led the charge with Sealants not far behind.

As the US healthcare system begins to manage COVID-19 and elective procedures return toward pre-COVID-19 levels, the US Hemostats and Sealants market rebounded with a drop of only -0.2% YoY in Q320 according to SmartTRAK Financial Dashboard. Most manufacturers still experienced declines in Q320, but far narrower than the losses of Q220. Ethicon* managed a +4.5% gain in Q320 while the other manufacturers essentially treaded water with respect to Q319.

Among the many topics covered in the comprehensive Q320 US Hemostats and Sealants Market Recap* are:

Topics: Wound Care
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2 min read

Back on Track: Q320 Total Joints Market Recap

By Lisa Mahan on 12/4/20 11:39 AM

After the pandemic derailed the market in Q220, Total Joints was getting back on track in Q3

The COVID-19 pandemic derailed the Total Joints Market in Q220 with stay-at-home orders and elective procedure shutdowns. But the market seemed back on track in Q320 as elective procedural volumes increased and revenues neared pre-COVID levels. With the market chugging along, the US Total Joints Market experienced positive growth during the quarter of +2.5%, according to SmartTRAK Financial Dashboard. The Hip Market was able to quickly gain steam due to the less elective nature of the procedure compared to Knees. In Q320, the US Hip Market grew +7.6% compared to the US Knee Market which was nearing pre-COVID levels at -1.1%.

Among the many topics covered in the comprehensive Q320 Total Joints Market Recap* are:

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2 min read

Rebounding to Pre-COVID Levels: Q320 US Surgical Matrices Market Recap

By Doug Devens on 12/3/20 3:26 PM

The US Surgical Matrices Market rebounded toward pre-COVID-19 levels in Q320 as the numbers of hernia and breast surgeries came closer to normal levels. The recovery was somewhat uneven, with Breast Matrices still off -8.6% YoY, while Hernia Matrices were closer to pre-COVID-19 levels, off -2.5% YoY.

As hospitals began to establish a new normal in the time of COVID-19, the US Surgical Matrices Market rebounded to lose only -4.6% YoY according to BioMedGPS’ SmartTRAK Financial Dashboard. AbbVie* (formerly Allergan) held on to its lead despite the effects of the pandemic, as its breast-heavy portfolio showed a slower return to normal. Becton Dickinson* (BD) lost less than AbbVie/Allergan, declining –3.5% YoY, as hernia procedures bounced back to normal levels a little faster.

Among the many topics covered in the comprehensive Q320 US Surgical Matrices Market Recap* are:

Topics: Wound Care
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2 min read

Medtronic DTM SCS: Using Basic Science to Orchestrate Pain Relief

By Anne Staylor on 11/30/20 3:08 PM

Charlie Covert, VP/GM of Medtronic’s Pain Therapies business, discusses 12-month follow up data from the DTM SCS RCT, orchestrating the neuro-glial response and much more in an interview with SmartTRAK.

Charlie Covert, VP/GM of Medtronic’s Pain Therapies business discusses 12-month data from the Company’s Differential Targeted Multiplexed (DTM) SCS RCT, why they used a modified intent to treat analysis (mITT) and what’s next for DTM research in an interview with   SmartTRAK.


To find out more about DTM SCS, including its mechanism of action (MOA), how it’s doing in the market and Medtronics’ research into expanded indications and new technologies, click the link below to download the complete transcript of the interview.

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9 min read

What's New in Spine and Orthopedic Computer-Assisted Surgery (CAS)

By Elise Wolf on 11/24/20 8:00 AM

SmartTRAK highlights what’s new in the Spine and Orthopedic Computer-Assisted Surgery (CAS) markets. Our daily updates cover the latest news and up-to-date intel on competitors, revenues, products, patents, trends and research in CAS. Companies covered include Exactech, DePuy Synthes, THINK Surgical, Subtle Medical, CurvSmith & Nephew, Surgalign, Medtronic and others.

The following is a sampling of market updates covering recently published studies, articles and clinical trials in orthopedic regenerative medicine that were curated, reviewed and posted in real time by Elise Wolf, SmartTRAK’s General Manager, Computer-Assisted Surgery.

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3 min read

2020 ICRS Virtual Meeting Highlights - Strong Interest Amid COVID-19 Pandemic

By Kim French on 11/23/20 12:19 PM

Strong interest in joint preservation amid COVID-19 pandemic

During the month of October, the International Cartilage Regeneration & Joint Preservation Society (ICRS) hosted its first virtual convention, allowing stakeholders to come together to learn about the latest cartilage repair techniques, review recent clinical outcomes and explore new products via a virtual hall.

The knee is one of the most common joints to experience cartilage defects and many treatment options exist and vary widely. In this article, SmartTRAK  highlights some select key takeaways from the Knee and Advanced Technique Modules, focusing on Zimmer Biomet*, Arthrex*, Anika*, Vericel* and their products, including HemiCAP*, PF Wave*, WaveKahuna*, Hyalofast*, BioCartilage*, CartiONE*, MACI*, BioPoly* and APS nStride*, among others.

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9 min read

Current and Emerging Research in Orthopedic Regenerative Medicine

By Freddy Buntoum on 11/16/20 6:24 PM

The Regenerative Medicine market for orthopedic and sports medicine applications is rapidly advancing as clinicians increasingly look to novel injectable options to accelerate the healing of injured joints, tendons and/or other soft tissues. Several companies are conducting research into the use of PRP, BMA/BMC, amniotic tissue products, exosomes and other regenerative medicine therapies to treat degenerative and/or chronic conditions such as osteoarthritis (OA), degenerative disc/spine disease, chronic low back pain, tendinopathy and rotator cuff tears. This includes Arthrex, Emcyte, ISTO Biologics, MiMedx and Harvest/Terumo among others.

The following is a sampling of SmartTRAK market updates covering recently published studies, articles and clinical trials in orthopedic regenerative medicine that were compiled, reviewed and posted in real time by Freddy Buntoum, SmartTRAK’s Sr. Analyst, Regenerative Medicine and Sports Medicine.

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2 min read

Unwrapping the Market for Adjustable Compression Wraps

By Terry Hayslett on 11/16/20 11:41 AM

In recent years, leading manufacturers of static compression devices have expanded their product portfolios by investing in adjustable compression wraps (ACWs). A quick search in SmartTRAK shows that in 2014, Lohmann & Rauscher* acquired Solaris and added ReadyWrap*and TributeWrap brands to its portfolio. In 2016, Sigvaris* acquired Biacare, a US-based company with a strong reputation as a leader in the design and production of medical short-stretch wraps. Sigvaris now promotes and offers a range of compression wraps, including CompreFlex*and CoolFlex*. In 2019, medi* USA announced the launch of its new ready-to-wear circaid juxtalite hd inelastic compression wrap, and in 2020 Juzo*added a new compression wrap that has a slip-on feature and a new patent-pending inner connector.

Given the attention and investment dollars allocated to ACWs in recent years, this article explores the ACW market to provide greater visibility into key market dynamics, underlying value drivers and the outlook for future growth.

It is estimated that over 200 million people worldwide (WW) have venous and/or lymphatic conditions that are treatable with compression therapy. Some of the more common conditions include chronic edema, varicose veins, venous leg ulcers (VLUs), lymphedema and deep vein thrombosis. SmartTRAK estimates that ...

To download and read the complete Adjustable Compression Wraps Market Outlook article, please click the button below.

Download the ACW Market Outlook Article

Topics: Wound Care
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11 min read

Smith & Nephew: What’s New in Ortho and Sports Medicine

By Thomas Wallick on 11/9/20 1:29 PM

SmartTRAK highlights what’s new in orthopedics and sports medicine, with a spotlight on Smith & Nephew (SNN). We constantly monitor the worldwide MedTech industry, sifting through the noise to present to our subscribers the most relevant international news, trends, new products, patents, research, financial data and competitor developments in the global life sciences industry.

The following is a sampling of recent market updates covering Smith & Nephew that were compiled, reviewed and posted in real time by our SmartTRAK analysts covering the markets for Computer Assisted Surgery, Extremities, OrthoBio, Soft Tissue Fixation, Total Joints and Trauma.
Topics: Orthopedics
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5 min read

Extremities Mergers & Acquisitions: Climbing the Mountain

By Lisa Mahan on 11/5/20 12:25 PM

Companies turn to M&A deals to help them climb the Extremities mountain in the face of market challenges resulting from the COVID-19 Pandemic

No less than six notable acquisitions have taken place or been announced in the Extremities Market in 2020 despite the negative effects of the COVID-19 pandemic. In Q220, the US Extremities Market dropped -25% with Upper Extremities down -27.3% YoY and the Foot & Ankle segment at -21.1%, according to SmartTRAK Financial Dashboard. Despite this fall due to the shutdown of elective procedures in Q2 and the subsequent struggles to gain ground as patients return for surgery, these companies are climbing the mountain to gain share and build their presence in Extremities.

Topics: Orthopedics
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15 min read

Ideas, Concepts and Innovations: A Window into Soft Tissue Fixation

By Freddy Buntoum on 11/3/20 6:30 AM

In the Sports Medicine market, companies with soft tissue fixation products continue to innovate and pursue patents that provide a window into company ideas, concepts and future technologies. SmartTRAK takes a look at the top competitors in this space, including Arthrex, Smith & Nephew, DePuy Synthes, Zimmer Biomet, Stryker and CONMED Linvatec.

Freddy Buntoum, SmartTRAK’s Sr. Analyst, Regenerative Medicine and Sports Medicine, highlights recently granted patents and published patent applications in soft tissue fixation that describe novel methods, techniques, materials and devices for the repair and reconstruction of soft tissue injuries in the shoulder, extremities, hip and knee.

Arthrex*

Arthrex’s US Patent “Knotless tissue fixation assembly” was granted describing a tissue fixation device for securing soft tissue to bone with excellent pull-out strength without requiring suture knots to secure the suture in place or to secure the tissue to the bone. 10,716,556

Topics: Orthopedics
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