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SmartTRAK Life Sciences News and Analysis Blog

12 min read

IFATS 2019: An Interview With The GID Group

By Freddy Buntoum on 2/25/20 8:00 AM

The GID Group – Prepping to revolutionize Regenerative Medicine with an innovative modular tissue processing platform

In December, at IFATS 2019, William “Bill” Cimino, PhD, CEO of The GID Group (GID) sat down with SmartTRAK to discuss the Company’s novel modular tissue processing platform, which reduces an entire GMP cell-processing facility to a single disposable device, enabling physicians to extract and process adipose tissue in real time for use in a wide range of applications.

GID is a privately held, clinical stage cellular medicine company currently working on developing a tissue processing platform, the GID SVF-2 device, that enables cell-based treatments.

To find out more about the GID Group, its revolutionary technology and product candidate, click on the following video to listen to SmarTRAK’s interview with Bill Cimino, recorded live at the IFATS Annual Meeting held in Marseille, France December 3-7, 2019. A transcript of the interview is also provided below.

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8 min read

SmartTRAK Patent Watch - Advanced Wound Care

By Lindsey Wolejko on 2/21/20 10:05 AM

All SmartTRAK subscribers receive a Daily Updates email containing content curated by our analysts, all former marketing, R&D or competitive intelligence professionals with leading medical device companies. The updates contain the latest need-to-know news from earnings calls, conferences, studies, patent filings, new products and more. It's the perfect way to start your day!

Here are some highlights from recent Advanced Wound Care patent filings that were picked up by our analysts, posted on SmartTRAK, and included in the Daily Updates email.
 

S&N was granted US Patent “Apparatus for topical negative pressure therapy” describing a topical negative pressure (TNP) therapy apparatus under the control of negative pressure within a wound dressing. 10,561,769

Mölnlycke’s US Patent Application “CONNECTOR SYSTEM FOR A NEGATIVE PRESSURE WOUND THERAPY SYSTEM” was published describing a connector that allows for the provision of a correct level of negative pressure at the wound site w/ a flexible, safe and convenient system. 20200054804

3M

3M was granted US Patent “Conformable drape cover dressing” relating to a conformable wound dressing system that includes a wound dressing and a dressing support layer. 10,561,536

Find out more about SmartTRAK Daily Updates and Request a Demo

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4 min read

SmartTRAK's Anne Staylor at the International Stroke Conference 2020

By Lindsey Wolejko on 2/17/20 11:02 PM

Anne Staylor, SmartTRAK's Managing Editor and Director of Advanced Technologies, will be attending the International Stroke Conference 2020, to be held at the Los Angeles Convention Center, Feb 19-21.

The theme for the conference is A New Era for Stroke Science and Brain Health. According to their website "The International Stroke Conference is the world’s premier meeting dedicated to the science and treatment of cerebrovascular disease. This 2½-day conference features more than 1,700 compelling presentations in 21 categories that emphasize basic, clinical and translational sciences and provides the opportunity to network with thousands of colleagues in the stroke field from around the world with wide-ranging expertise and experience."

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5 min read

SmartTRAK Patent Watch - Computer Assisted Surgery

By Lindsey Wolejko on 2/14/20 9:30 AM

All SmartTRAK subscribers receive a Daily Updates email containing content curated by our analysts, all former marketing, R&D or competitive intelligence professionals with leading medical device companies. The updates contain the latest need-to-know news from earnings calls, conferences, studies, patent filings, new products and more. It's the perfect way to start your day!

Here are some highlights from the Computer Assisted Surgery patent filings from January 2020 that were picked up by our analysts, posted on SmartTRAK, and included in the Daily Updates email.
 

Smith & Nephew’s US Patent Application “TECHNOLOGIES FOR INTRA-OPERATIVE LIGAMENT BALANCING USING MACHINE LEARNING” was published describing a system providing real-time sensor data and applying machine learning to determine the next intra-op ligament balancing step. 20200000400

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1 min read

NANS StartUp Spotlight: Micro-Leads Medical

By Lindsey Wolejko on 2/7/20 9:38 AM

Micro-Leads Medical, based in Somerville, MA, showcased HD64, an emerging, high-resolution spinal cord stimulation therapy for treating chronic focal pains of the low-back, trunk, extremities and feet at NANS 2020. Anne Staylor, SmartTRAK's Managing Editor and Sr. Director of Advanced Technologies, attended the NANS 2020 Emerging Technologies Forum and saw this novel technology designed for the spinal cord stimulation market.

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4 min read

Issues in Medtech 2020: Recession, Taxes and Sterilization

By Lisa Mahan on 1/31/20 9:30 AM

The Orthopedic Market experienced healthy growth in H219 fueled by a strong Q319 in the face of difficult comps with the usual fourth-quarter bump due to the seasonality of elective procedures. Looking ahead, several key issues have the potential to impact the US market in 2020. From the economy to taxes, SmartTRAK takes a look at some of the bigger picture issues...

Topics: Orthopedics
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3 min read

SmartTRAK's Anne Staylor at NANS 2020 in Las Vegas

By Lindsey Wolejko on 1/27/20 9:00 AM

Anne Staylor, SmartTRAK's Managing Editor and Director of Advanced Technologies, is in Las Vegas attending NANS 2020, the North American Neurological Society's  23rd annual meeting, and, as you can see from the photo above taken at NANS, she is already thinking about NANS 2021 in Orlando. The theme of the this year's NANS is “Driving Innovation Through Science and Evidence.”  Anne, who covers Neuromodulation for SmartTRAK, will be reporting on the meeting through articles and interviews...

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6 min read

Know Before You Go: NANS 2020

By Thomas Wallick on 1/20/20 4:19 PM

Are you getting ready to head out to Las Vegas to attend NANS 2020 - the North American Neuromodulation Society 23rd Annual Meeting? We sat down with Anne Staylor, SmartTRAK's Managing Editor and Senior Director of Advanced Technologies for our new series, Know Before You Go, to find out what she's looking forward to ahead of NANS 2020.

NANS 2020, billed as the premier meeting in the field of neuromodulation, is being held this year at Caesars Palace in Las Vegas, NV, and will showcase the latest scientific research and technical advancements in neuromodulation.

To hear Anne's take on the upcoming meeting, just click on the following video to listen to the full interview. A transcript of the interview is also provided below the video.

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7 min read

Preventing Incisional Hernias: Mesh vs Better Surgical Skills

By Doug Devens on 1/20/20 9:30 AM

A panel session at ACS Clinical Congress 2019 examines the evidence behind currently proposed techniques to prevent incisional hernias after midline laparotomy closure, including the use of prophylactic mesh and small-bite 4:1 suture closure.

At the American College of Surgeons (ACS) Clinical Congress 2019, there was an important session in which panelists discussed the advantages and disadvantages of using prophylactic mesh after closure of midline laparotomies to prevent incisional hernias. Ajita Prabhu, MD and Benjamin Poulose, MD moderated the panel session on October 28, 2019.

Heidi Miller, MD of University of New Mexico gave background on risk factors for incisional hernias, which she estimated at 12-13% incidence after closure of a laparotomy. She characterized incisional hernias as “mostly due to technical failures,” including poor wound hemostasis or coagulopathy, too much inflammation of the wound and the associated abnormal collagen structure, and sutures without proper tension. With respect to the latter topic, she described how she likes to view the hernia as a chronic wound, with proliferation and remodeling dependent on proper tension of approximation. She also described modifiable risk factors associated with the patient. Smoking and diabetes affect tissue perfusion, with strong data supporting tissue ischemia associated with smoking. Tissue perfusion greatly affects wound healing, as do modifiable factors that affect inflammation, including proper wound care, nutrition (especially vitamin A intake) and obesity, which is associated with chronic inflammation. Additionally, obesity is also associated with increased risk of wound dehiscence and increased mechanical stress tending to open the wound ...

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Topics: Wound Care
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4 min read

Q319 Soft Tissue Fixation Market Recap: Steady As She Goes

By Freddy Buntoum on 1/17/20 12:57 PM

Steady as she goes...Soft Tissue Fixation Market on track to achieve SmartTRAK estimates for FY 2019

For the third quarter of 2019, the WW Soft Tissue Fixation Market revenue was up +3.4% YoY. Aggregate growth for the quarter benefited from solid revenue growth in the Hip Labral Repair segment, which was up +10.1% YoY, based on SmartTRAK Financial Dashboard

Focusing on the US region, the Soft Tissue Fixation market was up YoY. However, on a sequential basis, growth was slightly down, attributable to the seasonal nature of Sports Medicine where many surgeries are elective with Q4 generally seeing high procedure volumes. Aggregate growth for Q319 was pulled by notable growths in the Shoulder Soft Tissue Fixation and the Hip Labral Repair segments. Although Knee Soft Tissue Fixation represents the 2nd largest segment, revenue growth was marginal, with the moderate growth seen steady at slightly above  ...

Among the many topics covered in the complete, comprehensive Q319 Soft Tissue Fixation Market Recap*, including all the news, financial data, revenues, charts and SmartTRAK's expert analysis, are:

Topics: Orthopedics
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20 min read

Abbott's Proclaim XR: Extended Battery Life in a Recharge-Free SCS

By Anne Staylor on 1/14/20 12:43 AM

Abbott’s Allen Burton, MD, discusses the Company’s new recharge-free Proclaim XR Neurostimulation System in an interview with SmartTRAK

In the market for Spinal Cord Stimulation (SCS), companies have been looking at different ways to extend the battery life of an implantable pulse generator (IPG) and minimize the amount of time patients spend recharging a device. One competitor that’s making advances in battery longevity is Abbott Laboratories.

Armed with its own research that showed patients do not like recharging, Abbott launched the recharge-free Proclaim Elite SCS in 2017 with a patient-centric strategy and an eye for capturing share in the US SCS market. Since then, there have been questions about battery life, and whether or not a recharge-free IPG would have to be replaced more frequently than a rechargeable SCS.

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4 min read

Meet Stacy Spirito - Director of Sales

By Lindsey Wolejko on 1/10/20 12:55 PM

We are pleased to announce that Stacy Spirito has joined the team at SmartTRAK as Director of Sales. Stacy has spent 14+ years in the medical device and technology industries, most recently as an Account Executive with Gartner, working with Investors.  Prior to that, Stacy was part of a sales team that launched a disruptive new medical device for breast cancer at Mammotome/Leica Biosystems. 

Meet Stacy Spirito:

  1. Stacy, what is your role with SmartTRAK? My role at SmartTRAK is Director of Sales. I will be developing and managing the relationship with our clients and ensuring we are providing value and actionable insights to enable them to deliver on their key initiatives.

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3 min read

Meet Anikó Szekér - Senior Analyst, Wound Care

By Lindsey Wolejko on 1/9/20 9:43 AM

SmartTRAK is pleased to welcome Anikó Szekér, the newest addition to our Wound Care team. Anikó has 10+ years of medical device experience in Wound Care and Surgical single use products. Before joining SmartTRAK, Anikó was  Marketing Manager, Eastern Europe Wound Care and Surgical at Mölnlycke Health Care.

Topics: Wound Care
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8 min read

SmartTRAK Seeking an Enterprise Sales Executive

By Sharon O'Reilly on 1/8/20 12:58 PM

Location: Northeast region of US (NY, NJ, MA, PA)

Full-time Position

Position:

BioMedGPS, a leading strategic advisory and healthcare analytics firm serving the life sciences industry, is seeking a Director of Enterprise Sales with extensive healthcare B2B experience for its SmartTRAK Business Intelligence platform and related products. Applicant must reside in the Northeastern region of the USA for easy access to major accounts.

SmartTRAK is the first business intelligence portal that provides real time data, analytics and curated content by a team of industry experts to help medical device executives make more informed strategic decisions. SmartTRAK is utilized by leading medical device companies within the orthopedic, wound care, regenerative medicine and neuro therapeutic areas. The Director of Sales will be responsible for selling SmartTRAK’s suite of business intelligence solutions to C- suite and other senior level executives, as well as building long term strategic programs and relationships at all levels of the enterprise.

Learn More and Apply

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12 min read

SmartTRAK's Top 10 Blog Posts of 2019

By Sharon O'Reilly on 1/6/20 2:58 PM

It was a busy year, and SmartTRAK, the leading provider of real-time market data, analysis and advisory services for the orthopedic, wound, regenerative medicine and neuro therapies markets, covered all the key industry happenings in 2019, providing comprehensive industry coverage of the latest trends, news, intel and interviews most important to you.

And if you'd like to stay on top of hot trends and technologies in 2020 in the ortho, wound, regen and neuro markets, make sure to sign up to receive a weekly summary of our latest blog posts.

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

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5 min read

Q319 US Hemostats and Sealants Market Recap: All Companies Post Gains

By Doug Devens on 1/6/20 12:16 PM

The US market for Hemostats and Sealants grew +5.6% YoY in Q319, a continued deceleration from +6.4% YoY in Q219, with fibrin sealants and absorbable hemostats driving the increase.

As reported in SmartTRAK’s Financial Dashboard, every manufacturer in the Hemostats and Sealants market experienced revenue growth in Q319. Leading the way was Becton Dickinson (BD), with IntegraEthicon and Baxter all posting strong gains. The US Hemostats and Sealants market was up +5.6% YoY with all competitors posting gains for the quarter. Sealants continued their solid growth, up +6.5% YoY, with fibrin sealants leading the way. Absorbable hemostats resumed their leadership, contributing to the +5.1% YoY growth to...

Among the many topics covered in the complete, comprehensiveQ319 US Hemostats and Sealants Market Recap* are:

Topics: Wound Care
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4 min read

Q319 SCS Market Recap: Getting Back on Track

By Anne Staylor on 1/3/20 10:03 AM

The SCS market is still down YoY, but improved sequentially as companies get back on track

In Q319, US and WW spinal cord stimulation (SCS) revenues continued to be down YoY against tough comps, but the rate of decline slowed sequentially for most companies as they address ongoing commercial execution issues, customer destocking and initiate new product launches. In the US, SCS revenue was down -4.7% in Q318 according to SmartTRAK Financial Dashboard, an improved sequential growth rate vs a -6.3% YoY decline in Q219. On a WW basis, the SCS market followed a similar pattern, with Q319 revenue of...

Among the many topics covered in the complete, comprehensive Q319 SCS Market Recap* are:

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6 min read

Q319 CAS Ortho Market Recap: Robotics Market Gains Momentum

By Elise Wolf on 12/30/19 10:08 AM

The orthopedic robotics market continues to gain momentum and validation with increasing competition and development milestones being met by key companies in the space.

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5 min read

Q319 US Infection Prevention: Antimicrobial Devices Leading the Way

By Susan Paquette on 12/20/19 11:34 AM

Positive gains in the mid-single digits for Q319, a slight decrease from previous quarter

Prevention of 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. In response, numerous programs and educational tools are being launched providing measures and strategies to assist healthcare providers in the prevention and reduction of infection in acute care and other settings.

Last quarter, a coalition of nurses and the AVA launched a drive to support a safety initiative for placing vascular access specialists in every hospital across America. This theme continued at this year’s AVA conference with the mission statement of “Protect the Patient, Educate the Clinician and Save the Line” highlighting the overall focus for the event. Acknowledgment of the importance of the vascular access nurse and team were featured in numerous studies and presentations demonstrating the value of the vascular access team in practice...

Among the many topics covered in the complete, comprehensive Q319 US Infection Prevention Market Recap* are:

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3 min read

Q319 Trauma Market Recap: Easy YoY Comparisons Support Sequential Gains

By Natasha Weeks on 12/19/19 9:30 AM

Easy YoY comps along with new product introductions help drive sequential growth 

SmartTRAK reports that In Q319, the WW Trauma Market (defined as fixation of the pelvis, femur & proximal/shaft portion of the tibia) increased +3.7% (as reported), with the US posting +4.6% growth. Q319 WW share leaders remained relatively steady compared to last year, with top trauma player DePuy Synthes, followed by Stryker, Zimmer Biomet and Smith & Nephew. The WW Trauma Market Segment shares were...

Among the many topics covered in the complete, comprehensive  Q319 Trauma Market Recap*  are:
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4 min read

Q319 Advanced Wound Care Market: Strong Growth with Slower Growth Ahead?

By Susan Paquette on 12/18/19 9:45 AM

Another quarter of strong growth, but slower growth clouds building up on the horizon here and there. Both Smith+Nephew and ConvaTec have newly appointed CEOs.

For Q319, according to SmartTRAK’s Financial Dashboard, WW Advanced Wound Care (AWC) revenue for Advanced Dressings, External Devices and Biologics was up +5.9% YoY.

Acelity remained the WW AWC market leader, up +6.3% YoY, driven by  Prevena and the Crawford acquisition. WW Advanced Dressings saw several strong shifts in the ranking of companies, with ConvaTec moving up to the 2nd position, surpassing Smith + Nephew (S+N), after ConvaTec recovering, but S+N facing continued declining growth. Mölnlycke led the market and Coloplast was the strongest growing of the top four. The total market was up +3.2% YoY. US Skin/Dermal Substitute (CTP) revenue increased, with xenografts, especially  Organogenesis’  PuraPly, driving gains. WW NPWT was up  +8.2% YoY, with traditional devices up +3.4% and single-use...

Among the many topics covered in the complete, comprehensive Q319 Advanced Wound Care Market Recap* are:

Topics: Wound Care
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2 min read

SmartTRAK Launches New Website!

By Lindsey Wolejko on 12/16/19 7:26 PM

SmartTRAK is excited to announce the launch of their new public website,  SmartTRAK.com. The new SmartTRAK.com features improved functionality,  enhanced custom content and a clean uncluttered design. It also features a more intuitive navigation for current customers and new visitors alike.

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4 min read

Q319 OrthoBio Market Recap: Healthy YoY Growth

By Kim French on 12/16/19 9:30 AM

With a boost from an extra selling day during the third quarter, the US OrthoBio Market continues to be healthy, with Q319 revenue up +5.8% YOY. Year-to-date revenue is up +5.5% compared to the same time period for 2018. In addition to the specific factors that were discussed in the Q219 OrthoBio Recap, the segment’s success may be attributed to robustness in the broader economy and more people feeling comfortable scheduling procedures. As reported in Needham’s Q319 Review, in Q319 vs. Q219, overall orthopedic market growth improved to 5.0% vs. 3.1%, with spine improving to ...

Among the many topics covered in the complete, comprehensive Q319 OrthoBio Market Recap* are:
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4 min read

Q319 Total Joints Market: Improved Pricing & New Products Drive Growth

By Lisa Mahan on 12/13/19 9:30 AM

The US Total Joints Market grew +3.4% in Q319, according to SmartTRAK Financial Dashboard, a sequential improvement over Q2’s 1.8% growth. While the extra selling day in the quarter boosted revenue for most Companies, slightly improved pricing and new product introductions also contributed. Wells Fargo’s Larry Biegelsen estimated recon pricing – based on StrykerZimmer BiometJNJ/DePuy Synthes, and Smith & Nephew– improved to -1.8% YoY. This sequential improvement in growth and pricing is encouraging especially in the face of a difficult comp from Q318 ...

Among the many topics covered in the complete, comprehensive Q319 Total Joints Market Recap* are:

Topics: Orthopedics
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4 min read

Q319 Market Recap: US Surgical Matrices: Tepid Growth

By Doug Devens on 12/12/19 3:48 PM

The US Surgical Matrices Market grew tepidly in Q319,  up +1.2% YoY,  down from its +3.5% growth in Q219. 

The overall US Surgical Matrices market had minimal growth for the quarter at +1.2% YoY, a decline from Q219. The Breast segment contracted -1.5% YoY and a 34.7% share of the entire Surgical Matrices market. The Hernia Repair market continued its modest growth at +2.6% YoY and a 65.3% share of the US Surgical Matrices Market in Q319.

In Q319, Allergan’s hold on the Breast Matrices segment slipped further due to supply chain issues with its AlloDerm ADM, but the Company maintained its leadership of the Surgical Matrices market a 32.3% share. BD continued its growth in their biosynthetic hernia matrices business and maintained No. 2 market position, with revenues of ...

Topics: Wound Care
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3 min read

Q319 Spine Market Recap: Uptick in Procedures Drives Robust US Growth

By Julianne Burns on 12/11/19 9:30 AM

The WW Spine Hardware market saw a return to growth in Q319 with +3.6% growth, the highest growth rate this market has seen in at least 2 years. An uptick in procedure volumes across the board drove robust US market growth of +5.7%. WFS analysts estimate the Q319 Spine market (excluding Infuse) accelerated 90bps sequentially on a stacked two-year basis with Medtronic, Globus and NuVasive taking share from DePuy Synthes, Stryker and Zimmer Biomet.

Topics: Spine
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3 min read

Day 3 Insights From Desert Foot 2019

By Terry Hayslett on 12/7/19 10:54 AM

Whether you are a patient, a provider or product manufacturer it’s difficult to make it through the day without being reminded that healthcare is expensive. Many patients see it in their rising premiums, copays and deductibles. Providers feel it when their reimbursement gets cut or is capped, and product manufacturers experience it when they hear, “it’s too expensive.”

Topics: Wound Care
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3 min read

SmartTRAK's Top 3 Takeaways from Day 2 of Desert Foot

By Terry Hayslett on 12/6/19 9:36 AM

I’ll be the first to admit that I am not a New England Patriots fan. As a matter of fact I get rather irritated when they win year after year. Nevertheless, it’s hard to not appreciate the spirit of teamwork that has propelled the Patriots organization to win six Super Bowl titles. As we know, teamwork does not suggest the absence of conflict; however, it does express the willingness of a group of people, with individual talents, to work together to achieve a goal. Teamwork between clinicians, policy representatives and product manufacturers is crucial to winning the battle of healing wounds, salvaging limbs and saving lives. Three key takeaways from Day 2 of Desert Foot 2019 lend support to this point.

Topics: Wound Care
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2 min read

Desert Foot 2019: Reflections From Day 1

By Terry Hayslett on 12/5/19 10:37 AM

Clinical thought-leaders and product developers convened in the heart of downtown Phoenix, Arizona at Desert Foot 2019 to share knowledge and showcase innovative technologies that aim to improve the quality of life of patients with lower extremity disorders. As a demonstration of the eagerness and commitment to share knowledge, Day 1 began bright and early at 6:00 am with a session highlighting cases in limb preservation and ended at 6:45 pm with a session questioning if there was a resurgence in amputations in patients with diabetic foot. Whether planned or not, this was a thoughtful way to bookend the day by emphasizing the potential good and bad outcomes of this vulnerable patient population...

Topics: Wound Care
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2 min read

Desert Foot 2019: An Interview with Dr. Michael Shore

By Terry Hayslett on 12/3/19 9:47 PM

Ahead of the Desert Foot conference, SmartTRAK interviewed Dr. Michael Shore, Director of Medical Education and a founding member of PRESENT e-Learning Systems, to preview the conference which is being held Dec 4-7, 2019 in Phoenix, AZ

The multi-specialty conference provides comprehensive education for the overall management of the high-risk foot and lower extremities for podiatrists and other clinicians. Attendees will benefit from a wide variety of presentations, hands-on workshops and scientific research and will see cutting edge technology presented by the largest medical device and pharmaceutical companies in the industry.

To find our more about Desert Foot 2019, as well as PRESENT e-learning Systems, click on the following video to listen to SmartTRAK’s interview with Dr. Shore. (16:45 min)

Topics: Wound Care
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3 min read

Know Before You Go: Orthopaedic Summit 2019

By Lindsey Wolejko on 12/2/19 1:45 PM

Are you headed to Vegas for this year’s Orthopaedic Summit (OSET)? We sat down with Kristina Meyer, SmartTRAK’s Senior Analyst for Sports Medicine, for our new series, Know Before You Go, to get the scoop on what she’s looking forward to ahead of the meeting.

OSET will take place December 11-14th at the Bellagio in Las Vegas. The meeting touts itself as the “premier gathering of Total Joint (Knee, Hip, Shoulder), Foot & Ankle, Sports Medicine, Arthroscopic, Spine and Trauma Surgeons, Physician Assistants, Nurse Practitioners, Athletic Trainers, Physical and Occupational Therapists from across the globe.” Orthopaedic Summit 

SmartTRAK’s team is excited to attend and exhibit. Stop by the SmartTRAK booth, #128, to talk with Kristina and the SmartTRAK team about the latest news, trends and intelligence impacting the orthopedic industry.

1. Kristina, you are currently gearing up to attend OSET 2019. What are you looking forward to the most about the meeting?

Topics: Orthopedics
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2 min read

Know Before You Go: Desert Foot 2019

By Lindsey Wolejko on 12/2/19 9:00 AM

Headed to Desert Foot? We have you covered.

SmartTRAK’s Senior Analyst for Advanced Wound Care, Terry Hayslett, is headed to Phoenix, Arizona for the 2019 Desert Foot Conference. We caught up with him ahead of the December 4-7th meeting as part of our new Know Before You Go series.

Desert Foot is one of the premier advanced wound care meetings. The meeting is held annually in Phoenix. “The conference brings together six groups involved with limb salvage preservation of the lower extremity from the Veterans Administration, VA Podiatric Residency Directors, Arizona Podiatric Medical Association, Association for the Advancement of Wound Care (AAWC), the Department of Defense, and healthcare professionals in the private sector, from across the country to a single conference to best meet their educational needs.” Desert Foot

1. Terry, you will soon be attending Desert Foot. What is it about this meeting that you are most excited about?

Topics: Wound Care
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3 min read

CSRS 2019: Highlights and Trends in Spine Research

By Anne Staylor on 11/27/19 1:26 PM

Julianne Burns, SmartTRAK's Senior Analyst, Spine, just returned from attending the 2019 Cervical Spine Research Society's (CSRS) 47th Annual Meeting in New York City.

Julianne discusses highlights from the meeting, including what’s on the horizon for the cervical spine market and the trend toward moving cervical spine procedures to an ASC setting in an interview with SmartTRAK Managing Editor Anne Staylor.

Click the video below to hear the interview, and scroll down to read the transcript.

Topics: Orthopedics
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3 min read

Q319 Extremities Market Recap: New Products Drive Sequential Growth

By Natasha Weeks on 11/27/19 12:04 PM

New products help drive sequential improvement in growth 

The WW Market for Foot & Ankle Fixation exceeded $, up +3.9%, as reported, during Q319, up sequentially due to easy YoY comps. The US Foot & Ankle Fixation market also experienced a sequential increase, resulting in +4.3% reported growth. Major players reported improved growth while smaller players announced new product introductions throughout the quarter.

Stryker posted accelerated trauma & extremities growth in Q319,
reaching $, up +9.3% in the foot & ankle fixation segment according to SmartTRAK Financial Dashboard. The foot & ankle powerhouse reported US growth was positively impacted by double-digit growth across foot, ankle and shoulder products along with the T2 Alpha Nails. Stryker recouped lost share from Q2, gaining ~4.4% share to close Q3 at 25.6%. This gain allowed Stryker to take over the number one position from...

Among the many topics covered in the complete, comprehensive Q319 Extremities Market Recap* are:

Topics: Orthopedics
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2 min read

Q319 US Joint Fluid Market Recap: Essentially Flat

By Freddy Buntoum on 11/25/19 5:39 PM

Single-injection holding the torch in a market essentially flat, impacted by ferocious pricing pressures and declines in multi-injections

For the third quarter of 2019, the US Joint Fluid market revenue was essentially flat, +0.2% vs Q318. Aggregate growth for the quarter was pulled into slightly positive territory by a solid revenue growth of 14.3% YoY in single injection, according to the recently published SmartTRAK Financial Dashboard. However, strength in that segment was barely enough to counter revenue declines in 3- and 5-injections, while the 2-injection segment is still not large enough to make a significant contribution to the overall recovery of the US Joint Fluid market.

The single-injection segment held on to the market lead for Q319. Despite pricing pressure between competitors in this segment, revenue growth further solidifies the trend that the HA market is moving to the lowest treatment cycle.  For Q319, 3-injection products dropped down, strained by heavy competition and a persistent price war. Trailing behind is the 5-injections with...

Among the many topics covered in the comprehensive Q319 US Joint Fluid Market Recap* are:

Topics: Orthopedics
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8 min read

AVA 2019: Key Opportunities for Improvement in Vascular Access

By Susan Paquette on 11/22/19 10:17 AM

AVA Scientific Meeting 2019 highlights key opportunities for improvement in vascular access from process bundles to emerging new products

Introduction

Acknowledgment of the importance of the vascular access nurse and team were obvious at this year’s Association for Vascular Access (AVA) Annual Scientific meeting. When Ramzy Nasrallah took over as CEO for the Association of Vascular Access (AVA) in 2017, he consolidated the mission of AVA “Protect the Patient, Educate the Clinician and Save the Line” to make it more memorable and to create a more powerful message. (See SmartTRAK interview with Nasrallah at AVA 2017). Nasrallah’s ultimate goal for AVA is to be “the biggest, most reputable, and highly regarded healthcare association in the world” with tens of thousands of members globally. Since taking the helm and advancing his agenda...

Topics: Wound Care
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13 min read

Rapid Medical: Innovative Strategies in Stroke Care

By Anne Staylor on 11/14/19 1:10 PM

Rapid Medical CEO Ronen Eckhouse discusses the Company’s latest innovations, the plan for bringing its novel neurovascular devices to market, and Rapid’s strategy for competing in the market for neurovascular devices in an interview with SmartTRAK

To listen to the interview, click on the following video. A transcript of the interview is also provided below, as is a link to download the transcript.

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7 min read

TOBI 2019 Update: Issues & Trends in Orthobiologics

By Freddy Buntoum on 11/11/19 3:56 PM

SmartTRAK's Senior Regenerative Medicine Analyst, Freddy Buntoum, attended TOBI 2019 this summer. Here's a look at some of the key trends and takeaways in Orthobiologics from the 10th PRP & Regenerative Medicine Symposium, hosted by TOBI, that are still prevalent today.

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2 min read

Headed to AAHKS? Here's a Trending Hot Topic!

By Lisa Mahan on 11/6/19 11:30 AM

Headed to AAHKS? Our VP of Content Development for Orthopedics, Lisa Mahan, weighs in on what's trending ahead of the meeting. 

A hot topic at #AAHKS2019 this year will be the move towards outpatient joint replacement surgery with CMS moving to reimburse hospital outpatient total hip replacement and reimbursement of total knee replacement in an ASC setting.
  • Outpatient hip and knee replacement surgeries are expected to comprise 57% of all nonfracture knee and hip replacements by the year 2020. ACS Focus
  • AAHKS currently does not believe CMS has taken adequate action to address issues arising from
Topics: Orthopedics
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4 min read

Total Joints Top Trends to Watch 2019: Care vs Value

By Lisa Mahan on 11/4/19 10:27 AM

At the beginning of the 2019, SmartTRAK looked ahead to the coming year and identified market and technology trends that were likely to shape the Joint Replacement Market landscape in 2019 and beyond. Now that we're approaching the end of the year, here is another look at our predictions.

So what did we see in store for the Total Joints Market? Overall, the theme heading into the new year could be summed up as “Improved Care, Proven Value.” Here are some of the trends we predicted would be worth watching:

Topics: Orthopedics
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3 min read

SNIS 2019: An Interview with Corindus Vascular Robotics

By Anne Staylor on 11/1/19 9:30 AM

Executives from Corindus Vascular Robotics discuss the Company’s plans and strategies for improving stroke care in an interview with SmartTRAK at SNIS 2019

Although Corindus Vascular Robotics is known more for playing in the cardiovascular space, the Company is now leveraging its expertise in vascular robotics to expand into neurovascular applications and telerobotics with the goal of improving access to comprehensive stroke care. The Company’s CorPath GRX System received FDA clearance for percutaneous coronary interventions in 2016 and for peripheral vascular interventions in 2018. Since then, the CorPath GRX has received ...

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5 min read

Orthobiologics: Top Trends to Watch in 2019 and Beyond

By Kim French on 10/28/19 12:19 PM

SmartTRAK predicts Orthobiologic’s top market and technology trends to watch in 2019

At the beginning of the year, SmartTRAK took a look back at 2018 and identified continuing and emerging trends in the market for Orthobiologics that were likely to shape the landscape in 2019 and beyond. Now that we're approaching the end of the year, take another look at our predictions for 2019.

So what did we see in store for Orthobiologics? Here are SmartTRAK’s predictions for the top market and technology trends to watch:

Balancing Sales Growth Trajectory and Portfolio Reshaping

As competition heats up, companies will continue to identify tailwinds and headwinds that sway sales growth and will reshape portfolios accordingly. Sustaining above-market growth rates will take creativity, especially in stagnate markets like spine or in areas that face access challenges. Expect focused efforts around adding/expanding higher growth-higher margin products, shedding lower growth-lower margin product lines and expanding market penetration or margins for the “low-hanging fruit” prospects....

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8 min read

News from AOFAS 2019: Arthrosurface’s New BOSS Toe Fixation System

By Natasha Weeks on 10/16/19 10:00 AM

SmartTRAK Interviews Carl Hasselman, MD about Arthrosurface’s alternative to toe fusions

Arthrosurface showcased its new BOSS Toe Fixation System at the American Orthopaedic Foot & Ankle Society’s (AOFAS 2019) Annual Meeting held September 11–15 in Chicago, IL. Recently 510k cleared, the system improves stabilization in a first metatarsal with a distal bone void. The Boss Toe Screw fills the current product gap in implant solutions for failed synthetic implants. The system provides an option for patients who want to avoid a toe fusion while regaining motion and enjoying an active lifestyle.

To find out more about the new BOSS Toe Fixation System, its benefits, and how it fits in Arthrosurface’s existing line of HemiCAP DF implants and ToeMotion Systems, SmartTRAK interviewed Carl Hasselman, MD, University of Pittsburgh Medical Center, at AOFAS 2019.

To listen to SmartTRAK’s interview with Dr. Hasselman, click on the following video (11:14 minutes). A transcript of the interview is also provided below.

Topics: Orthopedics
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4 min read

Artificial Intelligence for DFUs: An Interview with Dr. Ronald Baxter

By Susan Paquette on 10/14/19 11:40 AM

Dr. Ronald Baxter of Baylor University and Spectral MD, discusses the Spectral MD DeepView Wound Imaging System in predicting DFU wound healing utilizing artificial intelligence in an interview with SmartTRAK.

Spectral MD has developed the DeepView Wound Imaging System to utilize real-time data and artificial intelligence to predict wound healing. The Company has seen initial success in burn treatment and is now moving into validation of their system for diabetic foot ulcers with the goal to predict a wound’s healing potential at the initial clinical visit.

To learn more about Spectral MD’s multi-spectral imaging system, DeepView; the pilot DFU study to analyze the predictive qualities of its artificial intelligence deep learning program, and the company’s plans moving forward, SmartTRAK interviewed Dr. Ronald Baxter, of Baylor University and Spectral MD.

To view the interview, recorded live at SAWC Spring 2019, click on the following video. A transcript of SmartTRAK’s interview with Dr. Baxter is below.

Topics: Wound Care
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2 min read

Insera Therapeutics: An Interview with the Founders

By Anne Staylor on 10/11/19 9:30 AM

Insera Therapeutics takes vacuum aspiration therapy to a new level with a disruptive digital design and cyclical aspiration for mechanical thrombectomy

Insera Therapeutics’ co-founders and brothers Vikram Janardhan and Vallabh Janardhan, MD saw an opportunity in the market for acute ischemic stroke and have developed a next generation, all digital vacuum aspiration system for mechanical thrombectomy designed to take suction aspiration to a new level. Unlike traditional analog electromechanical vacuum aspiration systems, which provide uniform, static aspiration, the Company’s CLEAR Aspiration System allows users to layer cyclical or pulsatile aspiration on top of uniform aspiration. By marrying a computer to a vacuum pump, Insera’s Clear Aspiration System can be finely controlled, and allows users to create their own cyclical wave patterns remotely using an iPad controller.

The Company recently received CE Mark for the Clear Aspiration System with a broad indication beyond stroke, and research to date suggests the technology provides better transmission suction to the tip, improves the first pass effect and decreases emboli in new territory.

To find out more about Insera Therapeutics, the technology and what’s next for the Company, SmartTRAK interviewed CEO Vikram Janardhan and Chief Medical Officer Vallabh Janardhan, MD, at the Society of Neurointerventional Surgery (SNIS) Annual Meeting in Miami Beach, FL held July 22-26, 2019.

Click on the following video to listen to SmartTRAK’s interview with Vikram and Vallabh Janardhan, MD, recorded live at SNIS 2019. To download a transcript of the interview, please click the button at the end of this post.

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1 min read

Before SAWC: Challenges and Opportunities for Wound Care in Assisted Living Facilities

By Lindsey Wolejko on 10/7/19 4:30 PM

SmartTRAK is excited to be attending SAWC Fall 2019, Oct. 12-14 at Caesars Palace in Las Vegas, NV.

Analysts Susan Paquette, VP & GM Wound, BioMedGPS, and Terry Hayslett, Senior Analyst, Advanced Wound Care will be there representing SmartTRAK. Please contact us if you would like to meet.

Susan recently interviewed Bluestone Physician Services’ Sarah Keenan, Chief Clinical Officer, and Jessie Waks, Director of Clinical Practice and Education, discussing challenges and opportunities related to wound care in assisted living facilities. Bluestone Physician Services is a primary care practice delivering on-site care to patients in assisted living and other residential care settings who face difficulty in visiting a physician’s office due to mobility or frailty. If you would like to read the transcript of the interview "Challenges and Opportunities for Wound Care in Assisted Living Facilities: An Interview with Bluestone Physician Services" please click the button at the end of this post.

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16 min read

Cognition Medical: An Interview with CEO Alex Turjman at SNIS 2019

By Anne Staylor on 10/7/19 9:30 AM

Cognition Medical discusses its next generation neurovascular technologies in an interview with SmartTRAK at SNIS 2019

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5 min read

Q219 SCS Market Recap: Shares Shift Amid Ongoing Weakness

By Anne Staylor on 10/4/19 10:00 AM

Despite continued weakness and share shifts in Q219, the SCS market is poised to accelerate in H219 on new products/clinical data

In Q219, US and WW spinal cord stimulation (SCS) revenues were down for all the big players against tough YoY comps and ongoing weakness in the market as companies work through a gap in new product introductions, ongoing commercial execution issues and customer destocking. In the US, SCS revenues were down -6.3% vs Q218 according to the SmartTRAK Financial Dashboard. Although revenues were up sequentially per the usual seasonality in Q2, QoQ growth in Q219 was more anemic compared to the previous year. Between Q119-Q219, US SCS revenue was up just over ...

Among the many topics covered in the complete Q219 SCS Market Recap* are:

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1 min read

Before AVA: Preventing Peripheral IV Failure

By Lindsey Wolejko on 9/30/19 10:17 AM

SmartTRAK is excited to be attending the #AVA Association for Vascular Access 2019 Annual Scientific Meeting taking place October 4-7, 2019 at Caesars Palace in Las Vegas, NV.

Susan Paquette, Vice President and General Manager, Wound, will be representing SmartTRAK at AVA.

Susan has been with SmartTRAK since 2011, leading the Wound efforts. Prior to SmartTRAK, Susan was with 3M for 20+ years' holding leadership positions in new business development, R&D, international and marketing. 

If you would like to meet with Susan for SmartTRAK's insights into the Vascular Access market at #AVA2019, please click to schedule a meeting. To read a SmartTRAK Market Outlook article Susan wrote "Preventing Peripheral IV Failure: The Next Big Thing in Vascular Access" following AVA 2018, click below...

Topics: Wound Care
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4 min read

Q219 CAS Spine Market Recap: Competition Ramping Up

By Elise Wolf on 9/26/19 10:00 AM

Expanding Applications and New Robotic Launches on the Horizon

Enabling technologies in spine surgery continued to gain market acceptance in Q219 given benefits including lower revision rates, ability to market to patients and ability to plan the surgery beforehand, bolstered by several presentations on the benefits of computer-assisted spine surgery at the International Society for Computer-Assisted Orthopaedic Surgery (CAOS) meeting, held in New York City in June. While questions on long-term clinical benefits associated with robotic-assisted surgery remain, CAOS President, Dr. Patrick Meere, believes robotics in spine and orthopedics will continue to gain traction. In SmartTRAK’s interview with Dr. Meere in the article “CAOS 2019: A Synergy of Advanced Technologies,” he noted, “There is not a single venture in the medical field where robotic technologies entered and exited. They have always persisted. There may well be a lag, there may be naysayers, and there may be ...

Among the many topics covered in the complete Q219 CAS Spine Market Recap* are:

Topics: Orthopedics
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4 min read

Before OTA, Read SmartTRAK's Q219 Trauma Report

By Natasha Weeks on 9/23/19 12:20 PM

Trauma segment experiences slight sequential gains as product intros gain traction and companies overcome supply disruption.

The WW Trauma Market ended Q2 posting +1.5% (reported) growth, with the US Market driving growth up 3.6% YOY, slightly up sequentially compared to Q1’s 3.2% gains. Internationally, Europe and ROW fared worse due to missed tenders, with -2.1% and -1.1% growth, respectively. Looking forward, SmartTRAK anticipates the trauma segment will see...

Among the many topics covered in the complete Q219 Trauma Market Recap* are:

Topics: Orthopedics
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4 min read

Q219 US Infection Prevention: Vascular Access Adjunct Products Show Positive Gains

By Susan Paquette on 9/20/19 1:25 PM

Positive gains in the mid-single digits for Q219, a slight increase from previous quarter

Prevention of HAIs continues to drive measures and practices to reduce Central Line Associated Bloodstream Infections (CLABSIs) and create demand for products that can aid in addressing these issues. Numerous programs and educational tools are being launched highlighting measures and strategies for healthcare providers in the prevention and reduction of infection in acute care and other settings.

During the quarter, WHO initiated its annual campaign, SAVE LIVES: Clean Your Hands, to increase global awareness of the importance of hand hygiene among healthcare workers. The campaign recommends an evidence-based approach with demonstrated impact on quality of care and patient safety across all levels of the health system. A call to action is provided along with a range of support materials and implementation tools ...

Topics: Wound Care
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4 min read

H119 Soft Tissue Fixation Market Recap: Solid Growth

By Kristina Meyer on 9/19/19 10:16 AM

Strategy and focus in Sports Medicine for H119

Looking back on the first half of 2019, SmartTRAK reported solid growth, +3.9% in the US and +3.2% WW, across the board in the Soft Tissue Fixation Market. After several years of acquisitions within the Sports Medicine Market, the major players are all able to boast about well-rounded portfolios and the ability to compete in a majority of the Sports Medicine subspecialties. Subspecialty focus, strategy and shifts in market share are now becoming the keys to success in this market. Industry meetings such as American Association of Orthopedic Surgeons (AAOS), Arthroscopy Association of North America (AANA) and American Orthopaedic Society for Sports Medicine (AOSSM) revealed...

Among the many topics covered in the H119 Soft Tissue Fixation Market Recap* are:

Topics: Orthopedics
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4 min read

Q219 Advanced Wound Care Market Recap: Impressive Growth

By Susan Paquette on 9/13/19 10:00 AM

An impressive quarter of growth, driven by CTPs in the US, single-use NPWT globally and a solid performance for Advanced Dressings.

For Q219, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics was up +6.2% YoY. Acelity remained the AWC market leader, while Advanced Dressings saw strong growth from Mölnlycke and Coloplast, offset by weak performance from Smith & Nephew and ConvaTec. The total market reached...

Among the many topics covered in theQ219 Advanced Wound Care Market Recapare:

Topics: Wound Care
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5 min read

Q219 OrthoBio Market Recap: Strong Performance

By Kim French on 9/12/19 10:00 AM

Sales strategy, market reach and evidence-based medicine drives strong Orthobiologics performance

SmartTRAK reports that Q219 performance in the OrthoBio market was strong, up 6% YoY, exceeding SmartTRAK expectations. As expected, Medtronic was the overall OrthoBio market leader, followed by DePuy Synthes and Stryker. Overall, all OrthoBio technologies grew year-over-year except for Spinal Constructs, Soft Tissue Augmentation and Synthetic Cartilage. Although the Spine market has stabilized, Spinal Constructs continues to slowly lose share due to...

Among the many topics covered in the Q219 OrthoBio Market Recap* are:

Topics: Orthopedics
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5 min read

Q219 Extremities Market Recap: Growth Slows

By Lisa Mahan on 9/11/19 9:58 AM

Tough YoY comps, delays and salesforce disruptions slows growth

The WW Market for Foot & Ankle Fixation was up +2.0%, as reported, during Q219, although down sequentially due to tough YoY comps. The US Foot & Ankle Fixation market also experienced a sequential decline in growth. The historically strong segment faced extremely tough YoY comparisons along with no new product launches to spur growth. H119 US growth of...

Among the many topics covered in the Q219 Extremities Market Recap* are:

Topics: Orthopedics
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1 min read

Ahead of OTA, Top Trauma Trends for 2019

By Lindsey Wolejko on 9/9/19 10:00 AM

Ahead of the Orthopedic Trauma Association (OTA) meeting, see what SmartTRAK’s Senior Analyst for Trauma & Extremities, Natasha Weeks, has to say about the latest trends in Trauma.

Natasha recently wrote a fascinating and informative article, "Trauma: Top Trends to Watch in 2019 and Beyond", in which she took a look back at 2018 and identified continuing and emerging trauma trends in the market that are likely to shape the landscape in 2019 and beyond. If you would like to download the article and discover SmartTRAK’s predictions for the top trauma market trends to watch, just click the button below.

Download the "Trauma: Top Trends to Watch" Article

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5 min read

Q219 US Hemostats & Sealants Market Recap: Slightly Lower Growth YoY

By Doug Devens on 9/6/19 11:31 AM

The US market for Hemostats and Sealants grew +6.4% YoY in Q219, a slightly lower growth rate vs Q119, with biologic sealants and thrombin hemostats driving the increase.

As reported in SmartTRAK’s Financial Dashboard, every manufacturer in the US Hemostats and Sealants market, except Ethicon, experienced revenue growth in Q219. Leading the way was Baxter, as it capitalized on Ethicon’s supply problems with SurgifloCryolife and Becton Dickinson (BD) both posted strong gains. Ethicon still continued to dominate the overall US Hemostat and Sealants market, with a 40.7% share, down from 48.6% share in Q119. Most of this share shifted to Baxter as the Company continues to chip away at...

Among the many topics covered in the Q219 US Hemostats and Sealants Market Recap* are:

Topics: Wound Care
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4 min read

Q219 US Surgical Matrices Market Recap: Modest Growth

By Doug Devens on 9/5/19 9:54 AM

The US Surgical Matrices Market continued its modest growth in Q219, with growth in breast matrices continuing to outpace hernia matrices.

SmartTRAK reports that the US Surgical Matrices market, comprised of matrices used for Breast Reconstruction and Hernia Repair, experienced single digit growth in Q219 according to SmartTRAK estimates. The fast-growing Breast Reconstruction segment slowed to +4.6% YoY during the quarter, while the US Hernia Repair market ticked up slightly to +2.9% YoY.

Among the many topics covered in the Q219 US Surgical Matrices Market Recap* are:

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3 min read

Meet Nate Greenlee, Product Director

By Lindsey Wolejko on 8/28/19 10:05 AM

Nate Greenlee has joined the SmartTRAK team as Product Director. Nate has 20+ years experience as a startup founder and executive. Before joining SmartTRAK, Nate helped launch software, big data and new space companies, spanning the financing gamut from bootstrapped, angel-funded and VC funded companies, including Space Adventures, LTD., which  has currently sold over $500 Million in Private Space Flights to the International Space Station.

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4 min read

Q219 Total Joints Market Recap: Hips Drive Acceleration

By Lisa Mahan on 8/26/19 1:01 PM

Hips drive slight acceleration in TJR Market while Knees held steady

With two earnings seasons of 2019 behind us, US Total Joints Market growth of 1.7% for H119, as modeled by SmartTRAK Financial Dashboard, is trending below SmartTRAK projections of 2.6% growth for FY19. This trend is not surprising considering the heightened seasonality we’ve seen over the last few years in H2 due to high patient deductibles. US Total Joints Market growth strengthened slightly to 1.8% for Q219 compared to 1.6% in Q1 driven by...

Among the many topics covered in the Q219 Total Joints Market Recap* are:

Topics: Orthopedics
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3 min read

Meet Rachel Dolan - Corp. Enterprise Solutions Manager

By Lindsey Wolejko on 8/22/19 10:00 AM

Rachel Dolan is SmartTRAK's new Corporate Enterprise Solutions Manager. Rachel has 5+ years in the sports medicine and medical device industries, most recently serving as Account Manager for Stryker Medical working with all organizational levels of hospital customers.

Meet Rachel Dolan:
  1. What is your role with SmartTRAK? I am the Corporate Enterprise Solutions Account Manager. I’m responsible for managing and developing client accounts to initiate and maintain favorable relationship with clients.
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1 min read

Join SmartTRAK, DSM and MCRA for Breakfast with an Executive Panel Discussion

By Lindsey Wolejko on 8/20/19 7:59 PM

Join SmartTRAK for breakfast and an Executive Panel on “Advanced Technologies: Shifts in the Spine Landscape” at McCormick Place in Chicago, IL on Sept 26th. A panel of experts will be on hand to discuss the latest in advanced technologies, interbody devices, materials and design, and the impact these changes pose from an FDA regulatory standpoint.

Date:              Thursday, September 26th, 2019
Time:              7:30am-8:30am
Location:      Hyatt Regency McCormick Place,  Chicago, IL
Room:            Jackson Park C&D

Panelists include:

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4 min read

Q219 US Joint Fluid Market Recap: Marginal Revenue Growth

By Freddy Buntoum on 8/12/19 8:55 AM

Q219 saw marginal revenue growth amid single-injection momentum and competitive pricing pressure

The numbers are in and now that we are in the second quarter of 2019, the US Joint Fluid market seems to be getting off its slow-ish start of the year, gaining some momentum with the single-injection segment pushing the aggregate total revenue into positive growth, according to the recently published SmartTRAK Financial Dashboard. This, despite relentless and fierce pricing competition in the multi-injection arena. 

Among the many topics covered in the Q219 US Joint Fluid Market Recap* are:

Topics: Orthopedics
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2 min read

Orthofix Cites SmartTRAK in Q219 Earnings Call and Press Release

By Lindsey Wolejko on 8/8/19 11:01 AM

SmartTRAK was once again cited as a trusted source for market data, this time in the Orthofix Q219 Earnings Call and press release.

Brad Mason, Orthofix's President and Chief Executive Officer, referenced the SmartTRAK Market Recap: OrthoBio Report in the press release and stated “Regarding the second quarter results, net sales were in line with our expectations, led by another quarter of outstanding performance in our Biologics products and notably, as reported by SmartTRAK ®, Orthofix now has the number one market share position in the U.S. cellular allograft segment.”
Topics: Orthopedics
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3 min read

Meet Terry Hayslett Senior Analyst Advanced Wound Care

By Lindsey Wolejko on 8/1/19 12:42 PM

Terry Hayslett is SmartTRAK's Senior Analyst, Advanced Wound Care. Terry has 20+ years of diverse healthcare experience, including provider reimbursement, corporate compliance, business development, strategic planning, financial analysis and health economics. Before joining SmartTRAK, Terry was  responsible for the global funding and reimbursement function at Mölnlycke Health Care. 

As a Senior Analyst for Wound Care, Terry will manage and maintain the US & WW External Devices (NPWT, Energy, Oxygen and Debridement) and Compression modules and provide reimbursement and regulatory support across all AWC modules.

Meet Terry Hayslett:

1. What is your role with SmartTRAK? As a Senior Analyst for Wound Care, my role is to manage and maintain the US & WW External Devices (NPWT, Energy, Oxygen and Debridement) and Compression modules. I also provide reimbursement and regulatory support across all AWC modules.

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12 min read

EWMA 2019: Insights and Innovation in Advanced Wound Care

By Susan Paquette on 7/30/19 10:00 AM

SmartTRAK analysts Susan Paquette and Lennart Stadler on European market trends and emerging products and technologies showcased at EWMA 2019.

In many ways, the European Wound Management Association (EWMA) annual meeting is a microcosm of the latest wound care trends in Europe and provides a glimpse of what’s on the horizon in the worldwide (WW) market for Advanced Wound Care (AWC).

Topics: Wound Care
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3 min read

SmartTRAK is Seeking a European Wound Care Analyst

By Lennart Stadler on 7/29/19 6:00 AM

The SmartTRAK analyst team is expanding and we are looking for an experienced and motivated individual who would like to manage one or more of our Advanced Wound Care modules, with a focus on the European markets. As you know, all of our SmartTRAK analysts are former marketing, business development or competitive intelligence professionals with one of the major medical device manufacturers and, in fact, most have come to us via recommendations from our subscribers. We believe that having a person of this caliber with relevant experience and deep insight on the market is a tremendous value-add to the SmartTRAK platform.

Learn More and Apply

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2 min read

More SmartTRAK Updates Email Customization Options!

By Lindsey Wolejko on 7/29/19 5:00 AM

SmartTRAK Subscribers: See only news for the Markets, Modules and Segments and now TYPES of content that you care about!

Have you ever wished that you could customize your SmartTRAK Daily Updates Email so that you can see ONLY news about the SmartTRAK Markets, Modules & Segments as well as Type of content that you care about (like skipping all the Patent updates)?

And that you could save yourself time from scrolling through all the Markets, Modules and Segments that your company subscribes to? 

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1 min read

Smith & Nephew Cites SmartTRAK in Meniscal Knee Repair Press Release

By Kristina Meyer on 7/22/19 1:51 PM

SmartTRAK was cited once again as a trusted source for data in a press release from Smith & Nephew entitled "Smith & Nephew meniscal knee repair technology delivers 0% re-operation rate and 100% meniscal healing at six months shows first ever study of horizontal cleavage tears".

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5 min read

Robotics Front and Center at the Orthopedic Design & Technology Forum

By Lindsey Wolejko on 7/19/19 9:00 AM

Robotic-assisted surgery was a hot topic of discussion at this year’s ODT Forum. SmartTRAK Senior Analyst for Computer-Assisted Surgery, Elise Wolf, participated in a panel discussion entitled “Tech Talk: An Overview of the Growing Role of Additive Manufacturing and Robotic Surgery,” along with Mitch Foster, CEO of Mindset Medical and former CEO and Co-Founder of Excelsius Surgical. The session was moderated by Dawn Lissy, President & Founder of Empirical Testing.

The discussion focused on current market dynamics and future directions in robotic platforms and other enabling technologies in orthopedic and spine surgery. An excerpt of the panel discussion is provided below.
Topics: Orthopedics
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1 min read

SmartTRAK Attending SNIS 2019

By Lindsey Wolejko on 7/18/19 11:56 AM

SmartTRAK is excited to be attending the Society of Neurointerventional Surgery’s (SNIS) 16th Annual Meeting in Miami, Florida from July 22-25, 2019. Anne Staylor, Managing Editor, Business Intelligence and Senior Director, Advanced Technologies will be covering the latest news at the conference, and will be providing updates on key studies, trends, and technologies affecting the market for ischemic and hemorrhagic stroke devices. 

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1 min read

SmartTRAK Makes the OCBJ’s List of Largest Women-Owned Firms

By Lindsey Wolejko on 7/15/19 10:00 AM

BioMedGPS, developer of SmartTRAK Business Intelligence, has been recognized by the Orange County Business Journal (OCBJ) as one of the largest women-owned firms in Orange County, CA.

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3 min read

2019 Spine Market Outlook: What to Expect This Year

By Julianne Burns on 7/11/19 10:37 AM

SmartTRAK identifies trends to watch in Spine

By most accounts, the Spine market has stabilized with modest low single-digit growth expected this year. Medtronic CEO Omar Ishrak agrees that the Spine market seems to have stabilized and is starting to inch back up. However, he suggests that it is still slower than a year or two ago as price declines are now offsetting procedure growth, resulting in flat to low single-digit to growth. For 2019, Needham analysts are modeling 2% spine market growth with overall orthopedic market growth of 3.4%.

Topics: Orthopedics
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2 min read

BioMedGPS SmartTRAK Partners with Quomeda

By Lindsey Wolejko on 7/8/19 6:00 AM

New strategic alliance expands SmartTRAK market research capabilities

BioMedGPS, developer of SmartTRAK Business Intelligence, is excited to announce a new strategic partnership with Quomeda, a widely respected international healthcare research consultancy firm located in the UK.  Through this new alliance, SmartTRAK has expanded its suite of strategic advisory services globally to include custom consulting as well as provider, hospital and procedural volume data.
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2 min read

SmartTRAK at EWMA 2019

By Thomas Wallick on 6/24/19 4:22 PM

SmartTRAK hosted a tour, dinner reception and briefing at Gothenburg's Universeum before EWMA 2019. Attendees were treated to a private tour of the Universeum and the Ocean Zone prior to dinner and the briefing, entitled Trends, Opportunities and Innovations in Advanced Wound Care, with a special focus on the European market.

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4 min read

AAOS 2019: An Interview with OrthogenRx CEO Michael Daley

By Freddy Buntoum on 6/14/19 10:29 AM

OrthogenRx CEO & Founder Michael Daley talks about the Company’s new 3-injection HA product, TriVisc and what will come next.

Michael Daley, CEO & Founder of OrthogenRx, a US medical device company focused on treatments for musculoskeletal conditions, talked about TriVisc, the Company’s new 3-injection hyaluronic acid (HA) product for knee osteoarthritis, as well as the future at OrthogenRx, in an interview with SmartTRAK at the American Academy of Orthopaedic Surgeons 2019 Annual Meeting held March 12-14, 2019 in Las Vegas, NV.

What is the rational for OrthogenRx to bring TriVisc now to a very crowded 3-injection HA segment?

To have a presence in the entire US HA market, OrthogenRx aims to provide...

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3 min read

Meet SmartTRAK's Elise Wolf at CAOS 2019 in New York City

By Sharon O'Reilly on 6/10/19 3:47 PM

Elise Wolf, SmartTRAK's Senior Analyst, Computer Assisted Surgery, will be representing SmartTRAK at CAOS International 2019, the 19th Annual Meeting of the  International Society for Computer Assisted Orthopaedic Surgery, to be held in New York, June 19-22 at the Midtown Hilton.

Elise, with bachelor's and master's degrees in bioengineering, designed biologically inspired robots for the Department of Defense at a spin-off of Carnegie Mellon University. After robotics, she transitioned to the medical device industry and has more than 15 years of experience in product development, marketing, and business development consulting in emerging medical device technologies and orthopedics. Elise has worked with BioMedGPS since 2009 as a SmartTRAK Senior Analyst covering orthopedics and Computer-Assisted Surgery.

You can view Elise's intro video below...

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2 min read

Meet SmartTRAK's Freddy Buntoum at TOBI 2019 in Chicago

By Sharon O'Reilly on 6/6/19 5:00 PM

Frederique Buntoum (aka Freddy), SmartTRAK's Senior Analyst, Regenerative Medicine, overseeing the Cell Processing, Amniotic Tissue and Joint Fluid modules, will be representing SmartTRAK at TOBI 2019, the Tenth Annual PRP & Regenerative Medicine Symposium in Chicago, IL, June 6-8. 

You can view Freddy's intro video below...

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8 min read

3M/Acelity: A Deeper Look Into the Potential Deal

By Terry Hayslett on 5/31/19 3:00 PM

SmartTRAK examines what the combined company will look like in terms of revenue, product portfolios, financial performance and more.


In its biggest deal to date, 3M recently announced the acquisition of wound care giant Acelity and its KCI subsidiaries for $6.7B, a move that propels 3M to the top of the Advanced Wound Care (AWC) market when the deal closes in H219.

Topics: Wound Care
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4 min read

Artificial Intelligence for DFUs: An Interview with Dr. Ronald Baxter of Spectral MD

By Susan Paquette on 5/30/19 11:20 AM

Dr. Ronald Baxter of Baylor University and Spectral MD, discusses the Spectral MD DeepView Wound Imaging System in predicting DFU wound healing utilizing artificial intelligence in an interview with SmartTRAK.

Spectral MD has developed the DeepView Wound Imaging System to utilize real-time data and artificial intelligence to predict wound healing. The Company has seen initial success in burn treatment and is now moving into validation of their system for diabetic foot ulcers (DFUs) with the goal to predict a wound’s healing potential at the initial clinical visit.

To learn more about Spectral MD’s multi-spectral imaging system, DeepView; the pilot DFU study to analyze the predictive qualities of its artificial intelligence deep learning program, and the company’s plans moving forward; SmartTRAK interviewed Dr. Ronald Baxter, of Baylor University and Spectral MD.

A transcript of SmartTRAK’s interview with Dr. Baxter is below. To view the interview recorded live at SAWC Spring 2019, click on the following video.

Topics: Wound Care
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4 min read

Q119 Total Joints Recap: Market Benefits from Easier Comps

By Lisa Mahan on 5/29/19 9:30 AM

As surgeries get pushed to later in the year, growth against easier comps does not signal market strengthening

The US Total Joints Market, which comprises approximately 55% of the global market, experienced stronger growth YoY, up+1.6% for Q119 compared to -0.8% in Q118, according to SmartTRAK Financial Dashboard. Growth also increased sequentially from Q418’s 1.5%.

The market benefited from easier comps against Q118’s nasty flu season which prompted hospitals across the US to postpone surgeries. But SmartTRAK does not believe the bump in growth in the face of easy comps signals a strengthening recon market. Looking back on a 2-yr basis, the market appears to have decelerated 50 bps which suggests an accompanying slow down in the number of procedures taking place early in the year. Wells Fargo’s Larry Biegelsen speculates that...

Among the many topics covered in the Q119 Total Joints Market Recap are:

Topics: Orthopedics
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6 min read

AAOS 2019: Arthrosurface Working to Stand Out in Shoulder Arthroplasty market

By Lisa Mahan on 5/27/19 10:09 AM

SmartTRAK interviews Arthrosurface CEO Steve Ek about the Company’s newest shoulder system, the OVOMotion, and what differentiates it from other current and emerging shoulder systems

The orthopedic industry has sharpened its focus on value-based care. Health care providers are looking for technologies that maximize care, reduce costs and increase efficiencies, while patients are seeking affordable treatment options that will restore their function and improve their quality of life.

At the 2019 American Academy of Orthopaedic Surgeons (AAOS) Annual Meeting, Arthrosurface CEO Steve Ek, Dr. Greg Nicholson, Rush University Medical Center, and Dr. Anthony Miniaci, Cleveland Clinic, discussed the Company’s newest shoulder implant system, the OVOMotion stemless shoulder, and its value proposition for both health care providers and patients in an interview with SmartTRAK.

(This is Part 2 of SmartTRAK’s interview with Arthrosurface. Be sure to see Part 1 - "Arthrosurface Takes Aim at Patellofemoral Pain" - in which Arthrosurface discusses their new patellofemoral joint implant, the Wave Kahuna.)

Topics: Orthopedics
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1 min read

SmartTRAK Seeking a European Wound Care Analyst

By Lennart Stadler on 5/23/19 12:57 PM

The SmartTRAK analyst team is expanding and we are looking for an experienced and motivated individual who would like to manage one or more of our Advanced Wound Care modules, with a focus on the European markets. As you know, all of our SmartTRAK analysts are former marketing, business development or competitive intelligence professionals with one of the major medical device manufacturers and, in fact, most have come to us via recommendations from our subscribers. We believe that having a person of this caliber with relevant experience and deep insight on the market is a tremendous value-add to the SmartTRAK platform.

Learn More and Apply

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15 min read

Intraoperative Neuromonitoring in SCS: An Interview with Steven Falowski, MD

By Anne Staylor on 5/22/19 9:30 AM

Intraoperative neuromonitoring could be a game changer in the field of SCS by elucidating the MOA for current and emerging SCS waveforms and stimulation patterns. But will it improve outcomes? To find out more, SmartTRAK interviewed Steven Falowski, MD at NANS 2019.

Steven Falowski, MD, Secretary of the Board for the North American Neuromodulation Society (NANS), discusses the latest research on the use of intraoperative neuromonitoring during spinal cord stimulation (SCS) in an interview with SmartTRAK at the NANS 22nd annual meeting held Jan. 17-20, 2019 in Las Vegas.

Historically, pain specialists have always placed spinal cord stimulators in awake patients for safety reasons and to confirm the therapy is adequately covering painful areas. However, Dr. Falowski says there’s been a paradigm shift where both pain physicians and surgeons alike are now using intraoperative neuromonitoring to place SCS systems for both percutaneous electrodes and paddle leads in asleep patients to more accurately localize the spinal cord midline and to improve intraoperative electrode placement and pain coverage... 

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4 min read

Q119 Joint Fluid Market: Revenues Down, Pricing Pressures and FDA Scrutiny

By Freddy Buntoum on 5/20/19 4:42 PM

Revenues down again, competitive pricing pressures remain, market is under FDA scrutiny

After a sluggish start of the year, the US Joint Fluid market gained steam during the quarter as demand and volumes picked up in several market segments in spite of intense competitive pricing pressures. Revenues were within SmartTRAK’s projected range with a marginal decline of -0.3% YoY according to the recently published SmartTRAK Financial Dashboard.

For Q119, the 3-injection segment accounted for 44.6%  of the US Joint Fluid market, followed by single-injection products at 41.5%, the 5-injection segment at 12.9% and rounding up the market with the 2-injection segment at 1.1%, according to SmartTRAK Financial Dashboard results. The single-injection segment showed good recovery from last year driven by increased adoption of newer products and/or sales expansion measures by some suppliers. The 3-injection segment was down in the low single digits during Q119 owing to continued and fierce pricing competition. The 5-injection segment showed no reprieve from its downward trend, declining...

Among the many topics covered in the Q119 US Joint Fluid Market Recap are:

Topics: Orthopedics
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16 min read

INS 2019 Preview: An Interview with INS President Robert Levy, MD

By Anne Staylor on 5/20/19 12:59 PM

In an interview with SmartTRAK, Robert Levy, MD, president of the International Neuromodulation Society (INS), provides a preview of the research, emerging technologies, and trends in neuromodulation that will be at the INS 2019 14th World Congress to be held May 23-30, 2019 in Sydney, Australia. 

The meeting will highlight several important topics, including the use of neurostimulation to reduce opioid use, closed-loop neurostimulation, and advances in non-invasive brain stimulation, including for the treatment of post-traumatic stress disorder, depression, and for enhancing memory and learning.

In terms of research, Dr. Levy said Sam Eldabe, MD of the United Kingdom will provide a critical evaluation of clinical trials in neuromodulation. Researchers will also present the latest insight into mechanism of action, new data on neurostimulation for cardiac ischemia, as well as research on use of deep brain stimulation (DBS) for obesity, eating disorders and addiction. Researchers will also present important pivotal trial results, including: the Evoke Study (Saluda Medical), evaluating closed-loop spinal cord stimulation (SCS); the SURF study (Stimwave Technologies), comparing different wireless SCS frequencies and waveforms; and the ReActiv8 trial (Mainstay Medical), evaluating the use of a restorative neurostimulation system for nocioceptive chronic low back pain. 

On the technology front, the INS’s Innovation Day will highlight disruptive innovations in neuromodulation, and will feature panel discussions and presentations by researchers and major shareholders from early stage start-ups, middle-stage start-ups and well-established companies.

To find out more about the INS World Congress, click on the following video to listen to SmartTRAK’s interview with Dr. Levy recorded via phone from his office in Florida. A transcript of the interview is also provided below.

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4 min read

AAOS 2019: Arthrosurface Takes Aim at Patellofemoral Pain

By Lisa Mahan on 5/20/19 9:00 AM

SmartTRAK Interviews Arthrosurface CEO Steve Ek about new WaveKahuna PFJ Implant

Arthrosurface hopes to expand the market for joint arthroplasty with a novel patellofemoral arthroplasty implant and five-year data demonstrating long-term clinical benefits for treating patients with patellofemoral pain earlier in the treatment continuum, with evidence suggesting that it halts the progression of osteoarthritis (OA).

Today, many of these patients fall into a treatment gap. As much as 22% of the US population could be suffering from patellofemoral pain, according to a recent analysis of data from 23 studies. PLoS One Many orthopedic surgeons remain unconvinced that surgical management is of long-term benefit. Instead they choose to manage these patients with conservative treatment until they become candidates for joint replacement.

To find out more about the Company’s new patellofemoral arthroplasty implant, the WaveKahuna, and how it can address surgeon concerns about long-term clinical benefits, SmartTRAK interviewed Arthrosurface CEO Steve Ek, and Gregory Nicholson, MD, Rush University Medical Center at the 2019 American Academy of Orthopaedic Surgeon’s (AAOS) Annual Meeting held March 12-16 in Las Vegas, NV.

Topics: Orthopedics
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4 min read

Top 10 Things To Do in Gothenburg Sweden While at EWMA

By Thomas Wallick on 5/15/19 10:54 AM

Beautiful Gothenburg, Sweden is hosting EWMA 2019 - the European Wound Management Association conference, on June 5-9.

Gothenburg, Sweden's second largest city after Stockholm, located on the coast in southwestern Sweden, is considered "the quintessential 'second city': understatedly hip and unexpectedly vibrant with neoclassical architecture lining its tram-rattled streets, locals sunning themselves beside canals, and always an interesting cultural or social event going on."

Here are some of SmartTRAK's top things to do when taking a break from the conference. And we know what we're talking about - SmartTRAK's Senior Analyst, Advanced Wound Care, Lennart Stadler lives there!

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1 min read

SmartTRAK Hosts Pre-EWMA Event at Gothenburg's Universeum Aquarium

By Susan Paquette on 5/13/19 11:34 AM

IRVINE, CALIF. (PRWEB) 

BioMedGPS is excited to host its subscribers and guests on Tuesday, June 4th, at a very special Pre-EWMA 2019 event at Gothenburg’s Universeum Aquarium.

SmartTRAK will be hosting an exclusive Private Event Pre-EWMA at Gothenburg’s Universeum Aquarium. Guests will be treated to an aquarium tour, dinner and briefing on the latest Trends, Opportunities and Innovations in Advanced Wound Care.

SmartTRAK’s Advanced Wound Care Experts will serve as panelists. Susan Paquette - SmartTRAK VP & General Manager, Wound - will be providing overall insights on the wound market and Lennart Stadler - SmartTRAK Senior Analyst, Advanced Wound Care - will be presenting data on important trends and innovations.

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3 min read

Spine Acquisition Update

By Julianne Burns on 5/10/19 6:47 PM

Med device giants are scooping up innovative technologies

The Spine market is bustling with activity so far this spring, with two notable acquisitions hot off the press.

Medtronic announced its acquisition of Titan Spine,  strengthening Medtronic's interbody position with Titan Spine's portfolio, which consists of a full line of titanium, surface-enhanced interbody fusion devices featuring Titan’s nanoLock surface technology. The acquisition is expected to close during Medtronic's first fiscal quarter ending July 26, 2019, although terms of the deal were not disclosed. Titan Spine currently markets its line of Endoskeleton interbody devices in the US, Europe and Australia. This acquisition further validates the shift in the interbody market from PEEK to porous titanium. Medtronic already offers interbodies manufactured from Ti-coated PEEK (Pure Titanium Coating or PTC) and just last year launched a titanium 3D printed platform – TiONIC Technology - that enables more complex designs and integrated surface technologies for spine surgery implants.

Topics: Orthopedics
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2 min read

SmartTRAK Cited in 3M's Acelity Acquisition Press Release

By Susan Paquette on 5/10/19 4:04 PM



SmartTRAK, the leading source of competitive intelligence used by the top ten global orthopedic & wound care companies, was cited as a source in 3M's presentation "3M to Acquire Acelity Inc." published on May 2.

Topics: Wound Care
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1 min read

SAWC 2019 From the Floor

By Rebecca Gonzalez on 5/10/19 11:59 AM

#SAWC2019 in San Antonio is fantastic! So many things to do and see. Stay tuned for articles from SmartTRAK with updates and highlights. In the meantime, a few photos!

Topics: Wound Care
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9 min read

DSM Biomedical's Material Contribution to the Wound Care Market - SmartTRAK Interviews Raoul Verheggen

By Susan Paquette on 5/8/19 6:30 PM


SmartTRAK talks with Raoul Verheggen, Global Product Director for DSM Biomedical, regarding the Company’s recent foray into the wound care space and how its addressing unmet needs for patients and businesses

Novel materials and components are key to innovative wound care products that provide superior patient outcomes. DSM Biomedical is a B2B supplier whose business it is to provide these unique components to the medical device industry. SmartTRAK talks with Raoul Verheggen of DSM Biomedical, Global Product Director for Wound, about the company, their capabilities and plans moving forward in support of wound care. A transcript of the interview is below. To listen to the interview recorded via Uberconference, click on the following video. 

Topics: Wound Care
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2 min read

NANS 2019: Highlights and Key Takeaways

By Anne Staylor on 5/7/19 7:30 AM

SmartTRAK highlights key takeaways from the recent North American Neuromodulation (NANS) 22nd annual meeting held in Las Vegas in January, including important company news, trials, technologies, and trends affecting the US market for spinal cord stimulation (SCS) and what's next in this market. This informative article also includes exclusive interviews with leading figures in Neuromodulation including Saluda Medical CEO John Parker, President Abbott Neuromodulation Keith Boetigger, Medtronic Senior VP and Pain Therapies President Marshall Stanton, and Medtronic Senior Global Product Manager for Pain Stimulation and Early Interventions Brian Ranck ...

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3 min read

SmartTRAK's Q418/FY18 Trauma Market Recap

By Natasha Weeks on 5/1/19 1:07 PM

Sequential improvement despite tough comps, supply disruption and pricing pressure

Topics: Orthopedics
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1 min read

SmartTRAK’s Elise Wolf Provides Robotics Expertise at ODT Forum

By Sharon O'Reilly on 4/29/19 2:00 PM



BioMedGPS’s SmartTRAK Senior Analyst for Computer-Assisted Surgery, Elise Wolf, participated as an expert on robotics in a panel discussion entitled “Tech Talk: An Overview of the Growing Role of Additive Manufacturing and Robotic Surgery” at the ODT Forum (Orthopedics Device & Technology Forum) in Memphis, TN on April 11th. The panel, facilitated by Dawn Lissy, President of Empirical Testing, also included spine robotics entrepreneur Mitch Foster, CEO of Mindset Medical and former CEO of Excelsius Surgical, a surgical robotics technology company that was acquired by Globus Medical in 2013. Brian McLaughlin, CEO of Amplify, an additive manufacturing startup specializing in foot and ankle implants, and Chuck Hansford, Director of Advanced Materials Processing at Tecomet, participated in the discussion on additive manufacturing...

Topics: Orthopedics
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3 min read

Q418/FY18 Soft Tissue Fixation Market Recap

By Kristina Meyer on 4/29/19 11:29 AM

The top Sports Medicine competitors are making moves

The consolidation within the Sports Medicine market over the past four years has allowed several of the top players to build upon their growing portfolio and make moves within the market.  While Arthrex continues to lead with innovation, Smith and Nephew is focused on the healing capabilities within its shoulder portfolio.  New-ish CEO Namal Nawana has set the tone of acquisitions across all of SNN’s franchises to enhance SNN’s portfolio and fill gaps in their bag. Stryker is reaping the benefits of their acquisitions and becoming a viable competitor in the hip arthroscopy market.  Zimmer Biomet and CONMED appear to be making a comeback in the Sports market with strong leadership, consistency and a launch into new areas of Sports Medicine...

Among the many topics covered in the Q418/FY18 Soft Tissue FixationMarket Recap are:

Topics: Orthopedics
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2 min read

SAWC Fall 2018: Novel Compression Garment for Complex Edema

By Susan Paquette on 4/24/19 10:00 AM

SmartTRAK highlights the latest research on Sigvaris SECURE presented at SAWC Fall

A novel hybrid compression garment offers promise for patients with difficult-to-treat chronic edema according to an 11-patient case series presented at SAWC Fall. Patients with chronic edema, including lymphedema, are challenged in finding compression garments that are clinically efficacious, cosmetically appealing and comfortable to wear. The 11-patient case series evaluated Sigvaris’ recently launched SECURE, an innovative new Compression and Containment Hybrid (CCH) garment that combines the comfort of circular knit garments and the stiffness traditionally provided by thicker textiles, inelastic wraps or flat knit garments. The new hybrid circular knit garments are thin, cosmetically appealing, and meet the clinical requirement of chronic edema management – graduated compression and containment.

Topics: Wound Care
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3 min read

Q418/FY18 Advanced Wound Care Market Recap

By Susan Paquette on 4/18/19 9:30 AM

Dressings recover Q418, all segments showing solid gains

For FY18, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics were up +4.1% YoY. Acelity remains the global market leader followed by S&N and Mölnlycke. Advanced Dressings, the workhorse of Advanced Wound Care, accounts for 52.3% of WW revenues, up +3.3% YoY. Skin/Dermal Substitute (CTP) revenue was up +10.7% YoY, lower than previous years, but still double-digit gains. WW NPWT was up +4.3% YoY, with traditional devices having a slight uptick and single-use driving the increase of +28.9%.

Among the many topics covered in the Q418/FY18 Advanced Wound Care Market Recap are:

Topics: Wound Care
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1 min read

S&N Solidifies its Leadership Position in Wound Biologics

By Susan Paquette on 4/15/19 12:00 PM

S&N plans to shore up its Advanced Wound Bioactives business with the acquisition of Osiris Therapeutics but the deal may be in question as Osiris shareholders challenge the price.

 Smith & Nephew (S&N) announced on March 12, 2019 that it has agreed to acquire Osiris Therapeutics for $660MM with the deal expected to close Q219. However, the deal could be in question as a group of Osiris shareholders is suing to block the acquisition. The lawsuit disputes Cantor Fitzgerald’s discounted cash flow analysis, saying it does not adequately reflect Osiris’s future growth prospects, and is based on growth rates that are about half of what Osiris has experienced in recent years, resulting in a valuation that is too low. The acquisition would add the Osiris’s Grafix and Stravix product lines to S&N’s ailing Advanced Wound Bioactives portfolio. If allowed to proceed, the acquisition would solidify S&N’s leadership in wound biologics and changes the competitive landscape in the Advanced Wound Care market.

Topics: Wound Care
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3 min read

Q418/FY18 Market Recap: US Hemostats and Sealants

By Doug Devens on 4/9/19 1:39 PM

The US market for Hemostats and Sealants accelerated in Q418 driven by growth in fibrin sealants and thrombin hemostats, overcoming slow growth during the first half of the year.

The US market for Hemostats and Sealants accelerated with +9.3% YoY growth in Q418, continuing to build on its +7.9% YoY in Q318, with fibrin sealants and thrombin hemostats driving the increase. The US market grew +6.1% in FY18, overcoming slow growth during the first half of the year.

As reported in SmartTRAK Financial Dashboard, every manufacturer in the Hemostats and Sealants market, except Pfizer and CryoLife, experienced revenue growth in Q418. Leading the way was Baxter with +33.1% YoY growth as it made progress with its integration of the Mallinckrodt portfolio. Ethicon and Becton Dickinson (BD) both posted solid gains, with +8.7% YoY and +6.6% YoY growth, respectively...

Topics: Wound Care
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5 min read

Q418/FY18 Market Recap: SCS Market Slows

By Anne Staylor on 4/9/19 10:12 AM

The Spinal Cord Stimulation (SCS) market saw high-teens growth in FY18, but decelerated in Q418.

The US SCS Market saw another banner year in FY18, growing +17.4% YoY. Market growth was driven by new product launches, expanding indications and ongoing demand for non-narcotic alternatives that address chronic intractable pain and the opioid epidemic.

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4 min read

SmartTRAK's Q418/FY18 OrthoBio Market Recap

By Kim French on 4/8/19 2:00 PM

Advanced, higher priced biologics push the US OrthoBio Market higher

Based on Q418/FY18  SmartTRAK Financial Dashboard reporting:
  • US Bone Replacement grew +2.3% YoY, with FY18 revenues up +2.7%.
  • US Cartilage Replacement increased 55.7% YoY, with FY18 revenues up 34.7%.
  • US Soft Tissue Augmentation grew 2.3%, with FY18 revenues growing 9.2%.
  • US Tendon Allografts posted an 8.4% YoY increase, with FY18 revenues up +3.9% YoY
  • US Meniscal Implant market, with robust growth, was up 15.6% YoY for Q418 with FY18 revenues increasing by 3.0%.

Among the many topics covered in the Q418/FY18 OrthoBio Market Recap are:

Topics: Orthopedics
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1 min read

SmartTRAK Cited in Smith & Nephew Osiris Acquisition Press Release

By Susan Paquette on 4/8/19 10:13 AM

SmartTRAK was cited as a source in a press release from Smith & Nephew entitled "Smith & Nephew expands in high growth regenerative medicine market through acquisition of Osiris Therapeutics, Inc."

Topics: Wound Care
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3 min read

Q418/FY18 Market Recap: US Surgical Matrices

By Doug Devens on 4/5/19 9:45 AM

The US Surgical Matrices Market continued to advance in Q418, driven by a resurgence of Becton Dickinson in hernia matrices and continued growth of breast matrices.  The US market grew +9.7% in FY18.

SmartTRAK reports that the US Surgical Matrices market grew in both the Breast and Hernia Repair segments. SmartTRAK estimates the Breast segment grew again at +21.8% YoY growth to 35.2% share of the entire Surgical Matrices market. The Hernia Repair market continued its recovery up +4.8% YoY and 64.8% share of the US Surgical Matrices Market in Q418.  

Among the many topics covered in the Q418/FY18 Surgical Matrices Market Recap are:

Topics: Wound Care
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3 min read

Q418/FY18 Infection Prevention: Vascular Access Adjunct Products

By Susan Paquette on 4/3/19 11:25 AM

FY18 showed solid gains in all segments, up +5.7% YoY, as antimicrobial devices take the lead.

Topics: Wound Care
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4 min read

SmartTRAK's Q418/FY18 Spine Market Recap

By Julianne Burns on 4/1/19 12:28 PM

Q418 US Spine market remains fairly flat, rounding out a stable but unremarkable FY18.

SmartTRAK’s Financial Dashboard indicates a fairly flat Q418 US Spine market, with a decline of -0.4%. Similarly, for the full year, the US Spine Market was stable, with +0.9% growth. WW revenues increased modestly with a +1% uptick for FY2018. Spine market growth as a whole slowed sequentially to +1% in Q418 from +2% in Q3 according to estimates. Growth continues to be restricted in the US Spine market by a few key factors. Payer pushback is the norm, and while most surgical practices have learned to deal with it, the environment is ever-changing with new obstacles and hurdles.

Among the many topics covered in SmartTRAK's Q418/FY18 Spine Market Recap are:

Topics: Orthopedics
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2 min read

Customize Your SmartTRAK Updates Email!

By Lindsey Wolejko on 3/31/19 6:55 PM

SmartTRAK Subscribers: See only news for the Markets, Modules and Segments and TYPES of content that you care about!

Have you ever wished that you could customize your SmartTRAK Daily Updates Email so that you can see ONLY news about the SmartTRAK Markets, Modules & Segments as well as Type of content that you care about (like skipping all the Patent updates)?

And that you could save yourself time from scrolling through all the Markets, Modules and Segments that your company subscribes to? 

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3 min read

Q418/FY18 Extremities Market Recap

By Lisa Mahan on 3/25/19 8:03 PM

Pricing pressure and tough comps slow year end growth

SmartTRAK reports that pricing pressure and a slow down in elective procedures impacted the Extremities market overall, with US Market growth down sequentially from +4.7% seen in Q318 to +3.5% in Q418. The Extremities market no longer seems to be able to fly under the radar and, as healthcare facilities look to maximize reimbursement in all areas, pricing for legacy products are facing discounting. In addition to pricing pressure, economic uncertainty in the US during Q4 led to some healthcare consumers choosing to put off elective procedures...

Among the many topics covered in the Q418/FY18 Extremities Market Recap:

Topics: Orthopedics
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8 min read

What’s New and What’s Next in Advanced Wound Care

By Susan Paquette on 3/25/19 10:52 AM

Following the last fall's Advanced Wound Care meeting, SmartTRAK's Susan Paquette, VP Wound, reported on advances in negative pressure wound therapy (NPWT), fiber dressings and human dermal tissue and the latest research and company news, identifying what’s new and what’s next in the market for advanced wound care.

Topics: Wound Care
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3 min read

Q418/FY18 Joint Fluid Market Recap

By Freddy Buntoum on 3/18/19 12:45 PM

Revenues down again, owing to intense competitive pricing pressures

Pricing pressure continued to negatively impact the US Joint Fluid market, which experienced a decline of -7.9% based on Q418 revenues according to SmartTRAK Financial Dashboard. While this market continued to see unit volume increases, ASPs experienced notable declines over the past four quarters as a result of several companies not listing ASPs to CMS, which fueled competitive pricing. Additionally, revenues were impacted by the Anthem non-coverage decision that took effect in Q118 and kept impacting suppliers over the course of the year...

Among the many topics covered in the Q418/FY18 Joint Fluid Market Recap:

Topics: Orthopedics
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3 min read

Q418/FY18 TJR Market Recap: Not Your Typical Rebound

By Lisa Mahan on 3/14/19 1:03 PM

Typically, Q4 is a rebound quarter for Total Joints, but SmartTRAK reports that the Q418 US market experienced a sequential decline in growth from Q318’s unseasonably strong growth, due in part to easier YoY comps. In addition, Q4 growth was also slower than the same period last year. FY18 results for the US TJR market confirms a slowing in revenue growth compared to FY17. SmartTRAK believes that increased pricing pressure and a deceleration in procedure volumes during Q4 contributed to the lower growth...

Topics: Orthopedics
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10 min read

Computer Assisted Surgery Takes Center Stage

By Elise Wolf on 3/7/19 10:00 AM

01With the upcoming orthopedic conference season upon us, we thought it would be interesting to take a look back at a fascinating article written by Elise Wolf, Senior Analyst, Computer Assisted Surgery, from NASS 2108, discussing the future of robotics and other enabling technologies that created a buzz on the exhibit floor.

NASS 2018: New Technology in Computer-Assisted Surgery Takes Center Stage
Robotics, navigation and other enabling technologies were hot topics at the North American Spine Society’s (NASS) 33rd annual meeting, held September 25-28, 2018 in Los Angeles, CA. Manufacturers are developing a variety of computer-assisted surgery (CAS) technologies for spine surgery, including surgical planning systems, navigation systems, robotics, augmented reality (AR) technology and artificial intelligence (AI). While growth in the fusion market has slowed over the past few years due to pricing pressure, reduced procedure volumes and reimbursement non-coverage, robotic and other CAS technologies have offered means for growth...

Download a PDF of Elise Wolf's NASS 2018 CAS Article now!

Topics: Orthopedics
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4 min read

Extremities Trends: 2019 and Beyond

By Lisa Mahan on 2/28/19 3:00 PM

SmartTRAK highlights trends shaping the Extremities Market

It’s no surprise orthopedic companies continue to focus on the Extremities market. Extremities has delivered overall growth in the US in the high single digits – above 6% for nearly all of 2018, according to SmartTRAK Financial Dashboard, and this growth trend is expected to extend through 2019.

So what else is influencing the Extremities market? Here are some trends to watch:

Topics: Orthopedics
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2 min read

Growth Amid Debate: Open vs Robotic Techniques for Inguinal Hernia Repair

By Doug Devens on 2/26/19 8:00 AM

Doug Devens, SmartTRAK's Senior Analyst, Biosurgery wrote a fascinating article titled "Growth Amid Debate: Open vs Robotic Techniques for Inguinal Hernia Repair", in which he shines a light on issues and trends in robotic surgery and the market for inguinal hernia matrices.

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3 min read

SmartTRAK Start-Up Spotlight: OrthoXel

By Tim Jeavons on 2/21/19 1:30 PM

OrthoXel is an orthopaedic trauma device company focused on evolving fracture fixation through evidence-based biomechanical implant design. The Company thoughtfully designed its flagship Apex Tibial and Femoral Nails with a focus on fundamental principles of bone healing, all while keeping the surgeon’s needs in mind. Every OrthoXel product features innovative locking modes not found in any other implant system on the market and all are meticulously designed and engineered to produce the best possible clinical results for every patient.  

Topics: Orthopedics
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2 min read

Meet Our VP of Orthopedics at AAOS

By Sharon O'Reilly on 2/18/19 12:34 PM

Will you be attending AAOS this year? SmartTRAK will be exhibiting (booth #6847) and we’re hoping to schedule a quick meeting to check-in with you and learn how we can better meet your needs. 

We’ll also have several SmartTRAK analysts on-site consulting with customers. Have questions about market numbers or want to know more about the latest technologies on the market? Maybe you have some questions about our latest market recap or where the market is going?

Topics: Orthopedics
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5 min read

Advanced Therapies: SmartTRAK Interviews  Robert Keller, CSO of Axolotl Biologix

By Kim French on 2/12/19 10:57 AM

Stem cell “secretome” is the latest advancement in regenerative medicine. Will it become the heart of tissue regeneration? SmartTRAK interviewed Dr. Robert Keller, Ph.D, Chief Science Officer of Axolotl Biologix to learn more about the Company’s platform and future plans.

The core of regenerative medicine and leveraging the abilities of stem cells and their products to repair diseased or damaged tissues has focused in two main areas, harvesting progenitor cells and the “paracrine effect” of the stem cell secretome.

Recent studies suggest that the benefits of stem cell therapy and the underlying mechanism of repair might relate more to a paracrine modulatory effect rather than the replacement of damaged cells at the site. The secreted factors from the transplanted stems cells have been shown to trigger the patient's own cells to repair the tissue themselves.

One company that is harnessing the power of the stem cell secretome is Axolotl Biologics. Started in 2016, Axolotl Biologics offers human amnion-derived mesenchymal stromal cell (hAMSCs) conditioned medium that contains hAMSCs paracrine factors which can be used in various applications in orthopedics, wound care, pain management, ophthalmology, cardiovascular and cosmetics.

At the 6th ICRS Summit, Bio-Orthopaedics in Sports Medicine, held in San Diego, January 17 and 18, 2019, SmartTRAK caught up with Axolotl Biologix’ Chief Science Officer, Robert Keller, Ph.D. to discuss regenerative medicine and the Company’s progress.

Click on the video below to view the fascinating interview,  scroll down to read a transcript of the interview or download a PDF of the interview by clicking the link below.

Topics: Orthopedics
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1 min read

Meet SmartTRAK's Freddy Buntoum - Sr. Analyst, Regenerative Medicine

By Sharon O'Reilly on 2/4/19 11:14 AM

Frederique Buntoum (aka Freddy) has joined BioMedGPS as Senior Analyst, Regenerative Medicine, overseeing the Cell Processing, Amniotic Tissue and Joint Fluid modules. Formerly Senior Manager of Market Insights at Bioventus, Freddy has broad experience in sales, marketing and competitive intelligence. Her passion for market research and uncovering the “why” behind industry developments complements SmartTRAK’s team of domain experts and her thoughtful and keen insights and out-of-the-box perspective on market happenings make her a great addition to the SmartTRAK analyst team.

In addition to her role as an analyst, Freddy will also be assisting with consulting projects and product development initiatives – two key areas that will contribute to BioMedGPS growth in 2019.

Freddy will be representing SmartTRAK at the upcoming AAOS meeting. Please Contact us if you would like to set up a time to meet.

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2 min read

SmartTRAK attending International Stroke Conference 2019

By Anne Staylor on 1/23/19 10:24 AM

SmartTRAK is excited to be attending the AANS/CNS Joint Cerebrovascular Annual Meeting on Feb. 4-5, 2019 at the Sheraton Waikiki in Honolulu, Hawaii and the International Stroke Conference 2019, Feb 6-8, also in Honolulu.

Anne Staylor, Managing Editor, Business Intelligence and Senior Director, Advanced Technologies will be representing BioMedGPS SmartTRAK at both conferences. Please Contact Usif you would like a meeting!

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3 min read

Q318 SCS Market Recap: On Track for Another Record Year

By Anne Staylor on 1/21/19 10:17 AM

New Products, Continued Demand Provide SCS Market Tailwinds

SmartTRAK reports that with new products providing a strong tailwind in Q318, the SCS market saw another quarter of strong double-digit growth in both the US and WW, positioning the market for another record year. 

Among the many topics covered in the Q318 SCS Market Recap are:

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2 min read

Strong Q318 for Soft Tissue Fixation: SmartTRAK Market Recap

By Kristina Meyer on 1/18/19 9:30 AM

Well-rounded portfolios leading to strong Q318 for Soft Tissue Fixation

SmartTRAK reports that the continued rounding out of portfolios is leading to some commoditization in the market, but also allowing companies to capitalize on the strength of their sales forces in new portions of the Sports Medicine Market. High single and double-digit growth reported...

Among the many topics covered in the Q318 Soft Tissue Fixation Market Recap are:

Topics: Orthopedics
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9 min read

SmartTRAK Spotlight: SUTUREGARD Medical

By Don Urbanowicz on 1/16/19 10:13 AM

SUTUREGARD is on a mission to close more wounds simply and safely

SmartTRAK Spotlights SUTUREGARD medical, a privately held medical device firm with patented technology that allows surgeons to perform simple closures of high-tension wounds through rapid intraoperative tissue expansion.

Company Overview

Founded in 2015 and based in Portland, Oregon, SUTUREGARD™ Medical, Inc. is a privately held medical device firm with patented technology that allows surgeons to perform simple closures of high-tension wounds through rapid intraoperative tissue expansion. For skin cancer surgeons (Mohs Surgeons), SUTUREGARD’s initial target market, the SUTUREGARD™ device allows closure of wounds using tissue expansion instead of relying on flaps, grafts, or second intent healing. This is particularly useful for scalp and lower leg closures. For some skin cancer surgeons, this will add greater efficiency to their day. For other skin cancer surgeons, this will retain closures in their practice that they would have otherwise sent to other specialists.

The Company founders — a Corvallis, Oregon-based skin cancer (Moh’s) surgeon and his Ph.D. nurse business partner — designed the SUTUREGARD device. The Company invested three years conducting bench research, pre-clinical studies, and customer discovery prior to completion of a successful human use study in 2018.

“SUTUREGARD Medical launched the SUTUREGARD device in November, 2018 at the Fundamentals of Mohs Surgery Conference and the product was enthusiastically received by surgeons.”   Dan Ladizinsky, MD, CEO of SUTUREGARD Medical.

Topics: Wound Care
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2 min read

Spinal Cord Stimulation: Top Trends to Watch in 2019 and Beyond

By Anne Staylor on 1/15/19 12:00 PM

SmartTRAK identifies trends to watch in spinal cord stimulation 

With the start of a new year, it's time to look back at 2018 and identify continuing and emerging trends in the market for Spinal Cord Stimulation (SCS) that are likely to shape the landscape in 2019 and beyond.

So what’s on the horizon? Anne Staylor, SmartTRAK Managing Editor, gives her predictions for the top technology and market trends to watch.

Among the many interesting and informative topics covered in the article are:

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2 min read

NANS 2019 Preview: SmartTRAK Interviews Todd Sitzman, MD

By Anne Staylor on 1/14/19 10:00 AM

In an interview with SmartTRAK, B. Todd Sitzman, MD, MPH, President of the North American Neuromodulation Society (NANS), provides a preview of the educational opportunities, key research and emerging technologies that will be at the NANS 22nd Annual meeting to be held January 17-20, 2019 in Las Vegas, NV. Dr. Sitzman expects NANS 2019 to be the biggest meeting yet for the premier neuromodulation society, with up to 3000 attendees and 300+ abstracts presented, organized around the theme of “The Science Behind Successful Outcomes.”

To find out more about the meeting, click on the video below to listen to SmartTRAK’s interview with Dr. Sitzman, recorded via Skype from his office in Hattiesburg, Mississippi (11:53 minutes). 

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3 min read

Q318 CAS Ortho Market Recap: Robotics Contribute to Above Market Growth

By Elise Wolf on 1/11/19 11:55 AM

Robotics Contributing to Above Market Growth Through Implant Pull-Through

Robotics continued to be a hot topic in orthopedics in Q318 with some companies and surgeons projecting that robotics will become standard-of-care in orthopedic procedures in the next 3-5 years...

Among the many interesting topics covered in SmartTRAK's Q318 CAS Ortho Market Recap are:

Topics: Orthopedics
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3 min read

Q318 CAS Spine Market Recap: Medtronic Leads Market in Robotics

By Elise Wolf on 1/10/19 9:30 AM

Spine robotics was a hot topic throughout Q318, culminating at the NASS meeting in September.

SmartTRAK reports that with increasing adoption of spine robotic systems and potential expanded indications beyond pedicle screw placement on the horizon, market leader Medtronic believes that robotics will expand from ~5% of procedures in the US today to reach up to...

Among the many interesting topics covered in SmartTRAK's Q318 CAS Spine Market Recap are:

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3 min read

Q318 Extremities Market Recap: Increased Pricing Pressure

By Natasha Weeks on 1/9/19 9:30 AM

Extremities Fixation decelerates as shoulder replacements remain strong

Q318 WW Extremities Market growth declined sequentially to +3.7%, compared to +6.2% growth in Q2. Steeper growth slowdowns in the fixation market segments – Upper Extremities Fixation at +1.8% and Foot & Ankle Fixation at +1.4% - were due in part to...

Among the many topics covered in SmartTRAK's Q318 Extremities Market Recap are:

Topics: Orthopedics
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3 min read

Q318 Trauma Market Recap: Pricing Pressure Impacts Growth

By Natasha Weeks on 1/8/19 2:31 PM

Tough comps, supply disruption and the ever-present pricing pressure impacts growth

SmartTRAK reports that the WW Trauma Market experienced a downturn in Q3, posting only +1.1% (reported) growth. The US Market was up +2.0% YoY, but is down sequentially compared to last quarter’s +5.0% gains...

Among the many topics covered in SmartTRAK's Q318 Trauma Market Recap are:

Topics: Orthopedics
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3 min read

Q318 Market Recap: US Surgical Matrices

By Doug Devens on 1/8/19 9:30 AM

The US Surgical Matrices Market continued to advance in Q318, up +10.3% YoY, fueled by continued rapid adoption of allograft breast matrices and the resurgence of synthetic hernia matrices.

According to BioMedGPS’ SmartTRAK Financial Dashboard, in Q318, the US Surgical Matrices Market grew +10.3% YoY. The allograft breast matrices and biosynthetic hernia matrices segments outpaced overall market growth, as both posted...

Among the many interesting topics covered in the Q318 US Surgical Matrices Market Recap are:

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3 min read

Q318 Infection Prevention: Vascular Access Adjunct Products Market Recap

By Susan Paquette on 1/4/19 9:30 AM

Growth continues for another quarter as market leaders gain more share.

For Q318, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access Adjunct Products market grew +4.3% YoY.

Among the many topics covered in the Q318 Infection Prevention Market Recap are:

Topics: Wound Care
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3 min read

Q318 US Hemostats and Sealants Market Recap

By Doug Devens on 1/3/19 12:00 PM

The US market for Hemostats and Sealants accelerated substantially in Q318 vs Q218

As reported in SmartTRAK’s Financial Dashboard, every manufacturer in the Hemostats and Sealants market, with the exception of Pfizer, saw revenue growth in Q318. Leading the way were Baxter, with its integration of the Mallinckrodt portfolio, as well as Ethicon and Integra, while Pfizer posted...

Among the many topics covered in the Q318 US Hemostats and Sealants Market Recap are:

Topics: Wound Care
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3 min read

Q318 Spine Market Recap: Spine Hardware Market is Stabilizing

By Julianne Burns on 1/2/19 12:02 PM

The Spine hardware market appears to be stabilizing.

SmartTRAK reports that results from a recent Leerink MEDACorp survey suggest that the US Spine market may be turning the corner, with hospital administrators reporting slightly improved case volume growth of 0.9% for Q318 vs 0.7% for Q2. This is consistent with Leerink’s intra-quarter checks and conversations at the North American Spine Society (NASS) 2018 Annual Meeting that the market...

Among the many topics covered in the Q318 Spine Market Recap are:

Topics: Orthopedics
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4 min read

SmartTRAK's Top Blog Posts of 2018: Orthopedic, Wound and Neuro News & Analysis

By Sharon O'Reilly on 1/2/19 5:00 AM

BioMedGPS is proud to feature the top 2018 news and analysis from SmartTRAK’s team of domain experts in the orthopedics, wound care, and neuro therapies markets.

IRVINE, CA (PRWEB) 

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1 min read

SmartTRAK Cited in Smith & Nephew Meniscal Repair Press Release

By Kristina Meyer on 12/20/18 9:30 AM

SmartTRAK was cited as a source in a press release from Smith & Nephew entitled "Smith & Nephew expands opportunity in meniscal repair through acquisition of unique and highly complementary technology."

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5 min read

SmartTRAK's Top Blog Posts of 2018

By Sharon O'Reilly on 12/17/18 10:55 AM

We covered a lot of ground in 2018. Everything from breaking medical device event coverage to interviews with some of the industry's top thought leaders.  We wrote and you read.  Here are the Top Blog Posts of 2018 that garnered the most attention from you and your colleagues.

As a reminder, if you'd like to stay on top of hot trends and technologies in the ortho, wound and neuro markets, make sure to sign up to receive a weekly summary of our latest blog posts.

Without further ado, SmartTRAK's 12 Top Blog Posts of the past year (not just 10, because at SmartTRAK, we always deliver more than expected) 

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4 min read

Q318 OrthoBio Market Recap: Acquisitions and Partnerships Rule

By Kim French on 12/14/18 2:28 PM

Acquisitions and Partnerships are Highpoints in Q318

SmartTRAK reports that the US OrthoBio Market (comprised of Bone Replacement, Cartilage, Soft Tissue and Meniscus) is growing at 4.1% YTD. For Q318, there were no surprises and the segment reached...

Among the many topics covered in the Q318 OrthoBio Market Recap are:

Topics: Orthopedics
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3 min read

Q318 Advanced Wound Care Market Recap: All Segments Showing Softness

By Susan Paquette on 12/13/18 1:54 PM

All segments showing softness, lowest quarterly growth rate since 2015

For Q318, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics was up +3.0% YoY, with Acelity, also known as KCI, maintaining its leadership position with estimated Q318 revenues of...

Topics: Wound Care
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2 min read

SmartTRAK Attends OSET in Vegas Dec 5-8

By Rebecca Gonzalez on 12/11/18 2:15 PM

SmartTRAK was excited to attend the 2018 Orthopaedic Summit (OSET), on December 5-8 at the Bellagio in Las Vegas, Nevada. And, our very own Kristina Meyer, Senior Analyst, Sports Medicine, landed on the front of the OSET banners. We always knew Kristina was a pretty big deal!  Thanks OSET for the coverage.

Topics: Orthopedics
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2 min read

Q318 Joint Fluid Market Recap-Trending Downward Owing to Pricing Declines

By Sharon O'Reilly on 12/5/18 9:55 AM

Pricing pressure continues to dampen the US Joint Fluid market, which experienced a double-digit decline of -9.9% according to SmartTRAK's Financial Dashboard results. While the market continues to expand in terms of the number of patients treated, ASPs have steadily eroded over the past three quarters since the Anthem non-coverage decision kicked in earlier this year. Year-to-date, the US Joint Fluid market slowed significantly, posting negative growth according to SmartTRAK estimates...

Topics: Orthopedics
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3 min read

Q318 Total Joints Market Recap: Easier Comps Drive Improved US Growth

By Lisa Mahan on 12/4/18 9:00 AM

It’s no surprise that Q318 US revenue growth accelerated YoY when, for the same period last year, the US Total Joints Market experienced major market disruption from two major hurricanes which delayed procedures beyond the usual Q3 procedural slowdown. Industry analysts, including Cantor Fitzgerald’s Craig Bijou, report that US recon growth was relatively flat on a stacked two-year basis. From this perspective, SmartTRAK believes this trend confirms the market is not showing major signs of improvement or decline...

Among the many topics covered in detail in the Q318 Total Joints Market Recap are:

Topics: Orthopedics
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2 min read

Preventing Peripheral IV Failure: The Next Big Thing

By Susan Paquette on 11/26/18 4:21 PM

Products that prevent peripheral IV failures could be the next big thing in the market for vascular access adjunct products, a market opportunity valued at more than $600MM in the US alone, according to SmartTRAK estimates.

All eyes were on the high failure rate of peripheral IVs at the Association of Vascular Access (AVA) 2018 Annual Scientific Meeting, with speakers highlighting the 2015 article by Helm et al. “Accepted but Unacceptable: Peripheral IV Catheter Failure,” which estimates a PIV failure rate of 35% to 50% primarily caused by phlebitis, infiltration, occlusion/mechanical failure, dislodgment and infection. Failure is defined as the removal of the catheter prior to the end of its intended life or before the 72 to 96 hours previously used as a guideline. And with up to 90% of all hospitalized patients receiving a PIV, it is a standard but often overlooked procedure in the hospital.

The primary emphasis over the last 10 to 15 years has been the reduction of catheter-related bloodstream infections (CRBSIs) associated with central line catheters. Driving this focus has been CMS reimbursement penalties for hospital acquired central line bloodstream infections (CLABSIs). This new focus on PIVs could be exciting for manufacturers, especially those with adjunct vascular access products. Clinicians insert approximately 250 million PIVs every year in the US (assuming a 25% failure rate on first insertion), a market that is 25 times larger than the US market for central line catheters...

Download the "Next Big Thing in Vascular Access" article now...

Topics: Wound Care
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1 min read

SmartTRAK Attending OSET - Orthopaedic Summit in Las Vegas

By Kristina Meyer on 11/20/18 12:07 PM

SmartTRAK is excited to be attending OSET - the 2018 Orthopaedic Summit- on December 5-8 at the Bellagio in Las Vegas, Nevada.

Kristina Meyer, Senior Analyst, Sports Medicine will be representing BioMedGPS SmartTRAK at the conference.

During the conference, we are inviting a select few attendees to take part in a complimentary, private “Ask the Analyst” session with our Sports Medicine Expert, Kristina Meyer at the SmartTRAK Booth,  # 326, at OSET.

What can you talk to Kristina about? Here’s what others have asked in the past:

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3 min read

Computer-Assisted Surgery Launch Videos Spine and Ortho

By Sharon O'Reilly on 11/15/18 7:00 AM

 

SmartTRAK is so proud of its very latest cutting edge module, Computer-Assisted Surgery, both Spine and Ortho Segments. Elise Wolf, the creator of our Computer-Assisted Surgery Module, launched both in online webinars, the videos which are available to view now! 

Elise Wolf, our Sr. Analyst for Computer Assisted Surgery, led both the webinars and has over 14 years of industry experience in roles including product development, marketing and business development consulting in robotics, emerging medical device technologies and orthopedics.

Please enjoy these overview videos of both modules.

Interested in Computer-Assisted Surgery? Contact us to learn more or schedule a demo!

Topics: Orthopedics
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1 min read

Register for Computer Assisted Surgery Module-Ortho Launch Webinar

By Sharon O'Reilly on 11/12/18 12:43 PM

Don't forget! BioMedGPS recently expanded coverage of SmartTRAK Business Intelligence in the realm of Robotic and Computer Assisted Surgery with the launch of the US Computer Assisted Surgery (CAS) – Ortho module on Tuesday, November 13th.

Please join  Elise Wolf, Senior Analyst, Computer Assisted Surgery, for an introductory webinar on SmartTRAK’s newest product:

The module provides real time, up-to-date market data, including 5-year market and procedural projections, quarterly revenue tracking, competitive overviews, clinical and regulatory activities and much more.

The new module covers:

  • Robotics
  • Navigation and surgical planning systems
  • Augmented reality technologies 
  • Artificial intelligence

The SmartTRAK Robotic and Computer Assisted Surgery module will be managed by Elise Wolf,  a biomedical engineer that worked at a startup out of Carnegie Mellon University on robotic technologies early in her career. Attend Computer Assisted Surgery - Ortho Webinar

Topics: Orthopedics
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1 min read

SmartTRAK Attending ASRA 2018 Pain Medicine Meeting

By Anne Staylor on 11/7/18 10:00 AM

SmartTRAK is excited to be attending ASRA - the American Society of Regional Anesthesia and Pain Medicine - on Nov 15-17, 2015 at the JW Marriott San Antonio Hill Country resort in San Antonio, TX.

Anne Staylor, Managing Editor, Business Intelligence and Senior Director, Advanced Technologies will be representing BioMedGPS SmartTRAK at the conference. 

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1 min read

An Interview with Medtronic's Matt Thomas

By Anne Staylor on 11/6/18 11:00 AM

Medtronic’s Matt Thomas discusses the Company’s strategies for driving growth in spinal cord stimulation and plans for innovation in an interview with SmartTRAK at ASIPP 2018.

Matt Thomas, General Manager and Vice President of Medtronic’s STIM & Early Intervention business discusses the Company’s growth strategies, plans for innovation, and what’s next in spinal cord stimulation in a podcast interview with SmartTRAK at the American Society of Interventional Pain Physicians (ASIPP) 2018 held March 15-17, 2018 in Orlando, FL

Click the Podcast Link to hear the interview, recorded live at ASIPP 2018. (18:55 minutes.)

To receive a downloadable transcript, click the button below...

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2 min read

Top Trends in the Hemostats and Sealants Market

By Doug Devens on 11/5/18 9:00 AM

The Hemostats and Sealants Market continues to grow at a steady clip. SmartTRAK projects this market will reach more than $3.5B by 2022E with a five-year CAGR of ~5%.

It’s good news for many, but do you know the real story behind those numbers?

SmartTRAK identifies what’s driving growth in the global Hemostats and Sealants market. In this Market Outlook article, Doug Devens, SmartTRAK's Senior Analyst, Biosurgery, does a deep dive, discussing what’s fueling this growth and reviews the top market trends you need to know for the year ahead.

  • Trend #1: Expanding Indications Fuel Increased Adoption of Fibrin Sealants
  • Trend #2: Increasing Use of Sealant Patch Products
  • Trend #3: New Plant-Based Technologies Gaining Ground
  • Trend #4: Biologic Sealants Ready for Bounce Back

DownloadMarket Outlook: Top Trends to Watch in Hemostats and Sealants

Topics: Wound Care
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7 min read

NASS 2018: New Technology in Computer-Assisted Surgery Takes Center Stage

By Elise Wolf on 11/5/18 8:00 AM

Robotics and other biological technologies created a buzz on the exhibit floor

Elise Wolf, Senior Analyst, Computer-Assisted Surgery, who manages the new Robotics and Computer-Assisted Surgery modules at SmartTRAK, reports on the new technologies in CAS that were being discussed at NASS 2018.

Robotics, navigation and other enabling technologies were hot topics at the North American Spine Society’s (NASS) 33rd annual meeting, held September 25-28, 2018 in Los Angeles, CA. Manufacturers are developing a variety of computer-assisted surgery (CAS) technologies for spine surgery, including surgical planning systems, navigation systems, robotics, augmented reality (AR) technology and artificial intelligence (AI). While growth in the fusion market has slowed over the past few years due to pricing pressure, reduced procedure volumes and reimbursement non-coverage, robotic and other CAS technologies have offered means for growth. With benefits that include more precise implant placement, reduced radiation exposure, decreased invasiveness of procedures and implant pull-through for manufacturers, CAS technologies are gaining traction.
 
Robotics
Robotics was a large topic of discussion during the meeting and on the exhibit floor. Spine market leader Medtronic (MDT) believes strongly in the future of robotics for spine surgery. At the Company’s recent investor conference, MDT executives estimated that up to 35% of instrumented spine procedures will be performed using robotics in 10 years. MDT believes its recent acquisition of Mazor (announced in September) will accelerate its product development and commercialization initiatives in robotics, and positions the Company to capture additional market share in both robotics revenues and core spine through implant pull-through. MDT management noted they are seeing high single-digit implant growth in accounts with capital equipment purchases of Mazor X, and double-digit growth in accounts that pay for the robotic system through multi-year, minimum volume commitments of incremental implant purchases. At NASS, MDT introduced the Mazor X Stealth, which integrates the Mazor robot with the Company’s StealthStation S8 navigation system. MDT submitted the 510(k) for Mazor X Stealth in July 2018 and the product launch is slated for year-end...

Download NASS 2018: New Technology in Computer-Assisted Surgery article

Topics: Orthopedics
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1 min read

SmartTRAK Attending SAWC Fall in Las Vegas

By Susan Paquette on 10/29/18 4:33 PM

SmartTRAK is excited to be attending SAWC Fall 2018 on November 2-4 at Caesars Palace in Las Vegas.

Susan Paquette, VP & GM Wound, BioMedGPS and Geoffrey Brown, Director Corporate Accounts, Wound Care will be there representing SmartTRAK. Please contact us if you would like to meet. 

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2 min read

Watch NASS 2018: State of the Spine Market Panel Discussion

By Julianne Burns on 10/29/18 2:06 PM

SmartTRAK analysts provide insight into the markets for spine hardware, computer assisted spine surgery and spinal cord stimulation in a BioMedGPS-hosted panel discussion entitled “The State of the Spine Market: Implants, Robotics, and Spinal Cord Stimulation” held prior to the recent North American Spine Society (NASS) 33rd Annual Meeting in Los Angeles.  

Moderated by Don Urbanowicz, Principal Urbanowicz Consulting, the panel included SmartTRAK’s Julianne Burns, Senior Analyst Spine, and Anne Staylor, RN, MS, Managing Editor and Senior Neuro Analyst, who discussed current and emerging market trends, projected growth, market drivers and limiters, and what’s on the horizon for these markets.

Click on the video below to watch the panel discussion recorded live at BioMedGPS’s pre-NASS reception held Sept. 25, 2018, or click on the button to download the transcript.

Topics: Orthopedics
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1 min read

BioMedGPS to Launch SmartTRAK Robotic and Computer Assisted Surgery-Ortho Module

By Elise Wolf on 10/15/18 3:42 PM

BioMedGPS announces expanded coverage of SmartTRAK Business Intelligence in the realm of Robotic and Computer Assisted Surgery with the launch of the US Computer Assisted Surgery (CAS) – Ortho module, debuting on Monday, November 5th.

The module provides real time, up-to-date market data, including 5-year market and procedural projections, quarterly revenue tracking, competitive overviews, clinical and regulatory activities and much more.

The new module covers:

  • Robotics
  • Navigation and surgical planning systems
  • Augmented reality technologies 
  • Artificial intelligence

The SmartTRAK Robotic and Computer Assisted Surgery module will be managed by Elise Wolf, Senior Analyst, a biomedical engineer that worked at a startup out of Carnegie Mellon University on robotic technologies early in her career.

Please join Elise Wolf for an introductory webinar on SmartTRAK’s newest product:

Attend Computer Assisted Surgery - Ortho Webinar
Topics: Orthopedics
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1 min read

SmartTRAK Attending Clinical Congress 2018 - American College of Surgeons

By Doug Devens on 10/15/18 10:40 AM

SmartTRAK is excited to be attending ACS - the 2018 Clinical Congress of the American College of Surgeons - on October 21-25 in Boston, Mass. 

Doug Devens, Senior Analyst, Biosurgery and Geoffrey Brown, Director Corporate Accounts, Wound Care will be representing SmartTRAK at the conference. Please  contact us if you would like schedule a meeting at ASC to see what SmartTRAK can do for you.
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1 min read

SmartTRAK Seeking a Part Time Regenerative Medicine Analyst

By Sharon O'Reilly on 10/2/18 6:40 PM

The SmartTRAK analyst team is expanding and we are looking for an experienced and motivated individual who would like to manage one or more of our Regenerative Medicine modules. As you know, all of our SmartTRAK analysts are former marketing, business development or competitive intelligence professionals with one of the major medical device manufacturers and, in fact, most have come to us via recommendations from our subscribers. We believe that having a person of this caliber with relevant experience and deep insight on the market is a tremendous value-add to the SmartTRAK platform.
 
We are specifically interested in a person who wants to work 15-20 hours per week with experience in one or more of the following subject areas:

Learn More and Apply

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1 min read

SmartTRAK Attending CNS-Congress of Neurological Surgeons 2018

By Anne Staylor on 10/2/18 2:28 PM

SmartTRAK is excited to be attending CNS 2018 - Congress of Neurological Surgeons - October 6-10 at George R. Brown Convention Center in Houston, TX.

SmartTRAK will be represented by Anne Staylor, Managing Editor, Business Intelligence and Senior Director, Advanced Technologies.

At CNS 2107, Anne did an interview with Dr. Ashwini Sharan, President of the Congress of Neurological Surgeons, on The Future of Robotic Spine Surgery, discussing current trends in robotic spine surgery, factors affecting growth in this market and future directions for this technology. To download a transcript of this fascinating interview, please click the button below.

 Download Dr. Sharan's Interview at CNS

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1 min read

Q218 Infection Prevention Recap: Vascular Access Adjunct Products

By Susan Paquette on 9/28/18 12:56 PM

Growth continues for all segments during the quarter, led by top 3 players.

For Q218, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access Adjunct Products market grew +4.3% YoY...

Among the many topics covered in detail in the comprehensive Q218 Infection Prevention Market Recap are:

Topics: Wound Care
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1 min read

SmartTRAK Launches Computer Assisted Surgery - Spine Module

By Elise Wolf on 9/27/18 11:00 AM

Announcing the launch of the SmartTRAK Computer Assisted Surgery - Spine with a focus on surgical robotics. 

SmartTRAK’s Computer Assisted Surgery - Spine covers:

  • Robotics
  • Navigation and surgical planning systems
  • Augmented reality technologies
  • Artificial intelligence

The module provides real time, up-to-date market data, including 5-year market and procedural projections, quarterly revenue tracking, competitive overviews, clinical and regulatory activities and much more.

Topics: Orthopedics
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1 min read

Q218 Advanced Wound Care Market Recap

By Susan Paquette on 9/26/18 10:39 AM

All segments experiencing modest growth of +4% to +5%: advanced dressings recovering, biologics slowing down, and single-use boosting NPWT.

For Q218, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics grew +4.7% compared to Q217.

Among the many topics covered in detail in the comprehensive Q218 Advanced Wound Care Market Recap are:

Topics: Wound Care
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2 min read

Q218 Total Joints Market Recap: Potential Market Softening

By Lisa Mahan on 9/25/18 11:14 AM

Foreign currency exchange rates boosted reported WW market growth, while the US market failed to rebound as expected

In Q218, positive foreign currency exchange rates boosted reported growth again in the WW Total Joints Market, while the US market grew sequentially but with a less-than-expected rebound following challenges in Q118...

Among the many topics covered in detail in the Q218 Total Joints Market Recap are:

Topics: Orthopedics
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1 min read

Q218 Spine Market Recap

By Julianne Burns on 9/24/18 4:00 PM

Stability in the US and in International Growth

While the Spine market remains sluggish in the US, international sales are picking up the slack. The Q2 WW Spine Hardware market improved nearly 2% during the quarter despite...

Among the many topics covered in the Q218 Spine Market Recap are:

Topics: Orthopedics
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1 min read

Q218 US Surgical Matrices Market Recap

By Doug Devens on 9/24/18 9:00 AM

The US Surgical Matrices Market advanced again in Q218

In Q218, the US Surgical Matrices Market grew +9.5% YoY according to BioMedGPS’ SmartTRAK Financial Dashboard. The allograft breast matrices and biosynthetic hernia matrices segments outpaced overall market growth, as both posted strong growth in Q218...

Among the many topics covered in the Q218 US Surgical Matrices Recap are:

Topics: Wound Care
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2 min read

BIOMEDGPS To Launch SmartTRAK Robotic and Computer Assisted Surgery-Spine Module at NASS

By Elise Wolf on 9/18/18 10:58 AM

Computer Assisted Surgery - Spine is the latest module added to SmartTRAK Business Intelligence and Will Be Launched at the North American Spine Surgery (NASS) Meeting

BioMedGPS announces expanded coverage of SmartTRAK Business Intelligence in the realm of Robotic and Computer Assisted Surgery with the launch of its first module, US Computer Assisted Surgery (CAS) – Spine at the upcoming NASS conference later this month. A second SmartTRAK module, US Computer Assisted Surgery (CAS) – Ortho, will be introduced in November.

Topics: Orthopedics
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1 min read

Q218 Extremities Market Recap: Expanded Portfolios Drive Gains

By Lisa Mahan on 9/17/18 10:00 AM

Extremities market experiences slight gains due to expanded product portfolios 

The US Extremities Market experienced a slight gain in Q218 according to SmartTRAK Financial Dashboard, slightly lower than the rate anticipated in the US Extremities Market Overview. We anticipate the Extremities segment rebounding to achieve...

Among the many topics covered in the Q218 Extremities Market Recap are:

  • Competition in Shoulders Heating Up
  • Expanded Portfolios and Awareness Driving Continued Ankle Growth
  • Extremities Fixation: Company Focus and New Product Intros Incite Growth
  • Regulatory Highlights
Topics: Orthopedics
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1 min read

US Ankle Replacement: What's New and What's Next?

By Lisa Mahan on 9/11/18 10:00 AM

SmartTRAK discusses the current and future state of ankle replacement in the United States including current trends in the market and how ankle replacement may evolve in an interview with Steven Haddad, MD, Senior Attending Physician, Illinois Bone and Joint Institute. 

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3 min read

Q218 Trauma Market Recap: Healthy Growth, Slight Slowdown

By Natasha Weeks on 9/5/18 9:19 AM

US market experiences slight softening as the top four trauma players all post sequential declines in Q218

The WW Trauma Market was up in Q218 – the third consecutive quarter of growth in the +4% range. Internationally, positive sales growth in Europe offset a sequential slowdown in Rest of World (ROW). In Europe, revenues were steady, while ROW sales dipped sequentially as the top players reported softer growth due to tough comps as a result of 2017 tender orders...

Among the many topics covered Q218 Trauma Market Recap are:

Topics: Orthopedics
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2 min read

BioMedGPS Names Amanda Tracy Chief Commercial Officer

By Sharon O'Reilly on 9/3/18 11:55 PM

BioMedGPS, a leading provider of real-time data and analysis in the orthopedic, wound care and neuro therapies markets, is pleased to welcome Amanda Tracy into the role of Chief Commercial Officer. Joining the BioMedGPS leadership team, Ms. Tracy will be responsible for overseeing all sales and marketing initiatives for the company’s highly regarded SmartTRAK Business Intelligence platform.

Ms. Tracy brings with her over 22 years of experience in sales, marketing and business development in both the medical device and pharmaceutical industries. Along with the many relationships she has fostered within the industry, Ms. Tracy brings a unique understanding of the musculoskeletal clinical, regulatory and reimbursement landscapes and the value of integration with each. Prior to joining BioMedGPS, Ms. Tracy worked for 10 years at Musculoskeletal Clinical Regulatory Advisors (MCRA), where she attained the position of Vice President, Global Market Development and was responsible for growing MCRA’s revenues from $100K to $20 million.

“I am delighted to have such a high caliber and seasoned professional as Amanda Tracy lead our commercial efforts,” reports Sharon O’Reilly, President and CEO of BioMedGPS. “Amanda has the breadth of experience and proven expertise needed to bring BioMedGPS to the next level.” 

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1 min read

Q218 OrthoBio Market Recap: Ortho Remains Strong

By Kim French on 8/30/18 12:04 PM

Irrespective of Market Challenges, Orthobiologics Remain Strong

While SmartTRAK saw a strong start in the beginning of the year, Orthobiologics didn’t see the typical Q2 bump. This trend was primarily driven by lower bone replacement revenues. Revenues from the sports medicine segments partially offset the bone replacement declines, with strong performances in Cartilage Replacement and Soft Tissue Augmentation.

Among the many topics covered in the full Q218 Ortho Market Recap are:

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1 min read

Q218 US Hemostats and Sealants Market Recap: Revenue Grows

By Doug Devens on 8/29/18 12:04 PM

Baxter, Ethicon and Integra lead the way...

As reported in  SmartTRAK’s Financial Dashboard, the US market for Hemostats and Sealants grew +3.8% YoY in Q218, an increase from +3.1% growth rate overall in Q118. Fibrin sealants continue to lead the way with +7.2% YoY growth in Q218, and thrombin hemostats had a very good quarter with +7.2% growth YoY...

Among the many topics covered in the full Q218 Hemostats and Sealants Market Recap are:

  • Ethicon Continues to Lead Hemostats and Sealants
  • Thrombins Come Back In Hemostats
  • Fibrin Continues To Shine In Sealants
  • Q218 events in the US Hemostats and Sealants Market
Topics: Wound Care
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4 min read

Q218 Joint Fluid Recap: Overall Market Lower

By Sharon O'Reilly on 8/27/18 2:57 PM

Volume Up, Pricing Down, Overall Market Lower

Now that Q218 results are in, the US Joint Fluid market continued to experience downward pressure posting negative growth of -6.5% for the quarter and -4.0% YTD, according to SmartTRAK Financial Dashboard results ...

Topics: Orthopedics
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12 min read

SmartTRAK Interviews Cerapedics:  i-FACTOR, a Novel Bone Graft

By Kim French on 8/15/18 10:07 AM

Cerapedics’ CEO Glen Kashuba and President and COO Jeff Marx, Ph.D. discuss the future of the bone graft substitutes and the uniqueness of i‑FACTOR Peptide Enhanced Bone Graft, a small peptide technology in an interview with Kim French, Sr. Analyst, SmartTRAK Orthbio.

A transcript of SmartTRAK's interview with Glen Kashuba and Jeff Marx is below, or click on the following video to listen to the interview.

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2 min read

Need Ortho, Wound or Neuro Market Data Quickly?

By Sharon O'Reilly on 8/10/18 2:00 PM

With SmartTRAK, you will always be ahead of the competition.

We just launched SmartTRAK 3.0, the latest version of our premier Business Intelligence Data Platform in the Orthopedics, Wound Care and Neuro Therapies spaces.

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2 min read

SmartTRAK 3.0 Is Here!

By Sharon O'Reilly on 8/6/18 6:00 AM

It’s here! Cue the confetti. SmartTRAK 3.0 has officially launched today Monday, August 6! We couldn’t be more excited and we have our subscribers to thank.  Why our subscribers, you may ask?

Because our latest iteration of SmartTRAK was inspired by them.

For the past year, we at SmartTRAK have been talking with our subscribers to find out how we could better serve them.  ‘How can we make SmartTRAK even smarter?’ we asked. We learned that users wanted easier access to information and a better overall user experience.

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2 min read

We're Bringing You a Better SmartTRAK

By Sharon O'Reilly on 8/3/18 10:05 AM

Are you ready for faster, more intuitive business intelligence research experience? An intelligence platform that doesn’t just help you work smarter but actually also makes you smarter?  We are too.

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2 min read

SmartTRAK Seeking Part-Time Regenerative Medicine Market Analyst

By Sharon O'Reilly on 7/31/18 1:09 PM

BioMedGPS, the leader in online business intelligence for the Medical Device and Life Science industries, is seeking a Regenerative Medicine Analyst to support SmartTRAK Business Intelligence, an online, comprehensive, easy-to-use, web-based business intelligence solution used by the top 10 orthopedic implant companies and top 15 global wound care manufacturers. SmartTRAK integrates real time market data and analysis accessible throughout an organization, fostering an innovative collaborative approach to market strategy resulting in better decision-making.

We are looking for an experienced, motivated individual with expertise in the Regenerative Medicine market, with knowledge in one or more of the following areas:

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2 min read

Get Ready for SmartTRAK 3.0 Launching on August 6, 2018

By Sharon O'Reilly on 7/30/18 9:00 AM

SmartTRAK was the first real-time business intelligence portal for the Orthopedics, Wound Care and Neuro Therapies Markets. With SmartTRAK 3.0, arriving on August 6, 2018, you get all the same great content, tools and market coverage as before, but now in a more user friendly platform, where subscribers can more easily locate relevant information, enabling them to work quicker and more efficiently. You get fast, accurate, real-time information, in aggregate, available right at your fingertips, that ensures you will always be one step ahead of the competition.

In 2017, we asked some of our subscribers a simple question.

“How can we better help you?”

Our subscribers told us that they wanted easier access to information and usability. So, we rolled up our sleeves and got to work, calling on a user experience expert to help us streamline, overhaul and improve the experience for our users.

The result? SmartTRAK 3.0, featuring:

  • Improved user experience: We made relevant business intelligence easier to get to and moved our most accessed information to our homepage.  Our navigation was greatly improved as was our search functionality, resulting in quicker digestion of pertinent intel for our users.

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2 min read

Are you ready for SmartTRAK 3.0?

By Sharon O'Reilly on 7/24/18 9:15 AM

 Are you ready for SmartTRAK 3.0?

We hope so, because it’s coming your way August 6, 2018!  We’re always striving to be better− for our customers and for ourselves. So in 2017, we asked some of our subscribers a simple question.  

“How can we better help you?”

 And then we listened.

 Our subscribers told us that they wanted easier access to information and usability. So, we rolled up our sleeves and got to work, calling on a user experience expert to help us streamline, overhaul and improve the experience for our users.

View SmartTRAK 3.0 Video Tour

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1 min read

SmartTRAK Attending SNIS 2018 - Society of NeuroInterventional Surgery Meeting

By Anne Staylor on 7/20/18 12:05 PM

SmartTRAK is excited to be attending #SNIS - Society of Neuro Interventional Surgery's 15th annual meeting on July 23-26 at the Hilton San Francisco Union Square, in San Francisco, California.

SmartTRAK will be represented by Anne Staylor, Managing Editor, Business Intelligence and Senior Director, Advanced Technologies and Christopher McCarthy, Vice President Corporate Accounts, Orthopedics and Neuro. Please  contact us if you would like a meeting.


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2 min read

SmartTRAK Seeking Advanced Wound Care Market Analyst

By Susan Paquette on 7/17/18 9:33 AM

BioMedGPS, the leader in online business intelligence for the Medical Device and Life Science industries, is seeking an Advanced Wound Care (AWC) Analyst to support SmartTRAK Business Intelligence, an online, comprehensive, easy-to-use, web-based business intelligence solution used by the top  global wound care manufacturers. SmartTRAK integrates real time market data and analysis accessible throughout an organization, fostering an innovative collaborative approach to market strategy resulting in better decision-making.

We are looking for an experienced, motivated individual with expertise in the AWC market with knowledge of Wound Biologics, External Devices (NPWT), Advanced Dressings and Diagnostic Aids. This individual has worked for a wound care manufacturer, preferably in a marketing or business development role. The position is part-time, 15-20 hours per week.

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1 min read

SmartTRAK Interviews Nick Deeter of Wishbone Medical - Pediatric Orthopedics

By Lisa Mahan on 7/13/18 9:24 AM

Interest in the $2.5B market for pediatric orthopedics has been growing as companies like Wishbone Medical develop an increasing number of anatomically appropriate implants for kids in indications ranging from spinal deformities to hip replacements. Lisa Mahan, VP  Content Development, Orthopedics at SmartTRAK recently interviewed Nick Deeter, Founder, Chairman of the Board, and CEO of WishBone Medical, who has been a pioneer in this market segment.

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1 min read

SmartTRAK Attending American Orthopaedic Foot & Ankle Society Meeting In Boston, MA.

By Natasha Weeks on 7/11/18 9:00 AM

SmartTRAK is excited to be attending AOFAS 2018 - American Orthopaedic Foot & Ankle Society - on July 11-14, 2018 in Boston, Massachusetts.

Representing SmartTRAK will be Natasha Weeks, Sr. Analyst, Trauma & Extremities Fixation, Christopher McCarthy, VP Corporate Accounts, Orthopedics and Neuro and Michelle Calderon, Account Manager, Orthopedics. Please contact us if you would like a meeting!

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4 min read

Behind the Curtain: A Closer Look at Growth Drivers in the Sports Medicine Market

By Kristina Meyer on 7/9/18 2:46 PM

SmartTRAK looks behind the curtain at the interplay of factors truly driving growth in the US Soft Tissue Fixation Market.

With the US Soft Tissue Fixation Market worth an estimated $1.5B, SmartTRAK looked behind industry’s curtain at the interplay of factors driving the 5.3% CAGR in the sports medicine market to see what’s truly driving growth in the market. Does clinical research drive product development? Or does industry develop and market products that drive usage followed by studies that measure their efficacy? From aggressive marketing campaigns to company compensation plans to sole source agreements, there is an increasing number of factors driving the soft tissue fixation market outside of research and clinical findings.

Topics: Orthopedics
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5 min read

Key Product Trends in the Orthopedic Trauma Market

By Natasha Weeks on 7/3/18 12:59 PM

SmartTRAK's  Trauma & Extremities Fixations Sr. Analyst Natasha Weeks identified several key product trends at the Orthopaedic Trauma Association’s (OTA) 33rd Annual Meeting in Vancouver, BC Oct. 11-14, 2017, as manufacturers looked to differentiate themselves and gain share in the US Trauma market, projected to reach over $2.2B by 2021. 

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4 min read

Q118 Ortho, Wound & Neuro Market Recaps Now Online at SmartTRAK

By Sharon O'Reilly on 6/29/18 9:21 AM

BioMedGPS is pleased to announce, as of June 2018, all Q118 Ortho, Wound & Neuro Market Recaps and Financial Dashboard Results are available on app.SmartTRAK.com. SmartTRAK is the first real-time business intelligence portal for the Orthopedics, Wound Care and Neuro Therapies markets.

Our daily updates, strategic insights and in-depth analyses by domain experts allow device executives to always be in-the-know and be able to distill relevant insights quickly. 

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3 min read

SmartTRAK Publication Alert: US Spinal Cord Stimulation Market Recap

By Anne Staylor on 6/25/18 11:32 PM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 US Spinal Cord Stimulation Market Recap.

The US Spinal Cord Stimulation (SCS) market saw another quarter of exceptional growth in Q118, yet the market decelerated QoQ, posting 23% growth vs 24.6% growth in Q417. While seasonal trends were behind the QoQ slowdown ...

Among the many topics covered in the full Q118 SCS Market Recap are: 

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3 min read

SmartTRAK Publication Alert: Q118 Infection Prevention Market Results

By Susan Paquette on 6/25/18 10:38 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Infection Prevention Market Recap.

For Q118, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access Adjunct Products market grew +3.9% YoY. Market gains continue as BD moves into leadership position...

Among the many topics covered in the full Q118 Infection Prevention Market Recap are: 

Topics: Wound Care
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3 min read

SmartTRAK Publication ALert: Q118 Soft Tissue Fixation Market Results

By Kristina Meyer on 6/21/18 9:00 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Soft Tissue Fixation Market Recap.

Seasonality slowed Soft Tissue Fixation market growth, but the addition of biologics to RC repair implants makes the future promising. The US soft tissue fixation market continued to grow at 3.3% YoY...

Among the many topics covered in the full Q118 Soft Tissue Fixation Market Recap are: 

Topics: Orthopedics
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3 min read

SmartTRAK Publication Alert: Q118 Advanced Wound Care Market Recap

By Susan Paquette on 6/20/18 9:01 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Advanced Wound Care Market Recap.

Topics: Wound Care
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3 min read

SmartTRAK Publication Alert: Q118 OrthoBio Market Recap

By Kim French on 6/19/18 12:54 PM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 OrthoBio Market Recap.

Up 3.4% YoY, the OrthoBio market is off to a good start. Companies that are surpassing growth expectations tend to have differentiated products, focused efforts and incremental pull through from synergistic sales strategies. Market subtleties like reimbursement, pricing pressures and market loss due to newer competition continue to afflict some companies and segments...

Among the many topics covered in the full Q118 OrthoBio Market Recap are: 

Topics: Orthopedics
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16 min read

A Look Back: The One to Beat, Nevro's Growth Strategies and Challenges

By Anne Staylor on 6/18/18 4:37 PM

In May 2017, Nevro CEO Rami Elghandour chatted with Anne Staylor, BioMedGPS Managing Editor/Neuro Analyst to discuss dynamics in the global spinal cord stimulation (SCS) market, including trends, drivers, challenges, competition, and opportunity that would influence the Company’s growth. 

A fascinating read then, that now has us appraising a year later if Elghandour's expansion predictions came to pass. Is Nevro still the one to beat as the top leader in the neuromodulation field?

Register to download PDF or read the interview in full below!

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3 min read

SmartTRAK Publication Alert: Q118 Spine Market Recap

By Julianne Burns on 6/14/18 11:45 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Spine Market Recap.

While we saw a slight upturn in the market in Q4, the beginning of 2018 has again revealed the Spine market’s true colors – with a slight decline in the overall market and notable pricing pressures. With -1.9% YoY growth, Stryker’s US Spine revenues were challenged by market softness as well as low-double digit (~10%) price declines across core product lines. K2M management reported ...

Among the many topics covered in the Q118 Spine Market Recap are:

Topics: Orthopedics
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3 min read

SmartTRAK Publication Alert: Q118 Hemostats and Sealants Market Recap

By Doug Devens on 6/13/18 9:00 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Hemostats and Sealants Market Recap.

Topics: Wound Care
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3 min read

SmartTRAK Publication Alert: Q118 Trauma Market Recap

By Natasha Weeks on 6/12/18 9:28 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Trauma Market Recap.

Topics: Orthopedics
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3 min read

SmartTRAK Publication Alert: Q118 Surgical Matrices Market Recap

By Doug Devens on 6/11/18 6:16 PM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 US Surgical Matrices Market Recap.

Topics: Wound Care
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3 min read

Strategies in Stroke Care:  Interview with Medtronic's Stacey Pugh

By Anne Staylor on 6/11/18 2:28 PM

Medtronic’s Stacey Pugh discusses the Company’s new Riptide Aspiration System, new products in development, and growth strategies for the neurovascular business in a podcast interview with SmartTRAK at the International Stroke Conference (ISC) 2018 held Jan. 24-26, 2018 in Los Angeles, CA.

Anne Staylor here with BioMedGPS. We're at the International Stroke Conference in Los Angeles, and today I'm talking with Stacey Pugh of Medtronic Neurovascular. Hi Stacey, thanks for joining me.

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2 min read

phenox Aiming To Bring Novel Stroke Devices to the US Market

By Anne Staylor on 6/8/18 3:52 PM

In the market for stroke devices, Europe seems to be the proving ground for next generation devices, and several companies with novel technologies are emerging from Europe that could potentially reach the US market in the next several years. One European company taking aim at the US market is Bochum, Germany-based phenox GmbH.

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2 min read

SmartTRAK Publication Alert: Q118 Extremities Market Recap

By Lisa Mahan on 6/7/18 2:58 PM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Extremities Market Recap.

The US Extremities Market experienced a slight dip in Q118, with sequential growth down from +8.4% to +6.9% that extended into all categories. While Q118 was relatively quiet, FDA clearances, new competitive products and new players in Shoulder, Ankles and Fixation should heat up the segment in 2018.

Among the many topics covered in the Q118 Extremities Market Recap are:

Topics: Orthopedics
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1 min read

SmartTRAK Attending TOBI 2018 in Las Vegas, Nevada

By Kim French on 6/7/18 11:58 AM

SmartTRAK is excited to be attending TOBI 2018 - The 9th Annual PRP & Regenerative Medicine Symposium, Workshops & Cadaver Labs - June 7-9 at Wynn, Las Vegas, Nevada.

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1 min read

SmartTRAK Attending LINNC Paris 2018

By Anne Staylor on 6/4/18 6:34 PM

SmartTRAK is excited to be attending LINNC Paris 2018 on June 11-13, 2018, at the Carrousel du Louvre, Paris, France.

Attending the meeting representing  SmartTRAK  will be  Anne Staylor , Managing Editor, Business Intelligence and Senior Director, Advanced Technologies.
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1 min read

SmartTRAK Publication Alert: Q118  Total Joints Market Recap

By Lisa Mahan on 6/1/18 12:05 PM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its Q118 Total Joints Market Recap.

Topics: Orthopedics
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3 min read

FY2017 ORTHO, WOUND & NEURO MARKET RECAPS NOW ONLINE AT SMARTTRAK

By Sharon O'Reilly on 5/29/18 2:04 PM

 BioMedGPS is pleased to announce, as of April 2018, all 2017 Ortho, Wound & Neuro Market Recaps and Financial Dashboard Results are available on app.SmartTRAK.com. And Q118 results are just around the corner! SmartTRAK is the world’s first real-time business intelligence portal for the Orthopedics, Wound Care and Neuro Therapies markets. Daily updates, strategic insights and in-depth analyses by domain expert analysts allow device executives to stay abreast of critical market information in real-time and access relevant information quickly.

SmartTRAK’s Full Year 2017 Market Recaps and Financial Dashboard Results are available online for the major markets listed below. These Market Recaps summarize 2017 performance across a variety of verticals and provide deep insight into each market.

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1 min read

SmartTRAK Cited in SastoMed EWMA Wound Care Innovation Award

By Susan Paquette on 5/23/18 11:38 AM

Susan Paquette, VP & General Manager Wound at SmartTRAK, was quoted in the press release announcing the 3rd Annual Advanced Wound Care Innovation Award presented to SastoMed GmbH by Alira Health and the European Wound Management Association (EWMA) on May 18, 2018, for their hemoglobin-based wound spray, which can be used easily in everyday wound healing treatment as an adjunct to the current standard of care. 

Topics: Wound Care
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1 min read

SmartTRAK Attending EFORT 2018 in Barcelona Spain

By Sharon O'Reilly on 5/21/18 9:00 AM

SmartTRAK, the leading source of competitive intelligence used by the top ten global orthopedic and wound care companies,  is excited to be attending the 19th EFORT Congress, the largest platform for European Orthopedics to exchange knowledge and experience within Europe and with colleagues from other parts of the world, to be held in Barcelona, Spain, May 30-June 1, 2018.

Christopher McCarthy,  Vice President Corporate Accounts, Orthopedics and Neuro and Tim Jeavons, Director, European Orthopaedic Content & Sales will be there representing SmartTRAK. Please contact us if you would like a meeting to discuss how SmartTRAK can help you.

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3 min read

SmartTRAK Survey Reports High User Satisfaction Rates

By Sharon O'Reilly on 5/14/18 11:45 AM

The survey showed nearly 99% of subscribers were “satisfied” with SmartTRAK as a resource for obtaining strategic insight, up-to-date market data, competitive intelligence, as well as an in-depth understanding of macro trends impacting the overall healthcare arena.

BioMedGPS, LLC announced May 9, key findings from a recent user survey evaluating SmartTRAK Business Intelligence, the medical device industry’s first real-time, competitive intelligence portal used by major companies participating in the orthopedics, wound care, regenerative medicine and neuro therapies industries.

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1 min read

SmartTRAK Presents at EWMA 2018 AWC Symposium

By Susan Paquette on 5/9/18 9:41 AM

Susan Paquette, SmartTRAK's VP and GM for the Wound segment, will be presenting an overview of the European Advanced Wound Care market at the Advanced Wound Care Innovation Symposium Expert Panel Discussion 2018 on May 10th at EWMA 2018 in Krakow, Poland.

Susan attended EWMA 2017 in Amsterdam and posted this analysis "
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2 min read

SmartTRAK Participating in AWC Symposium at EWMA 2018

By Susan Paquette on 5/2/18 11:50 AM

SmartTRAK will be attending EWMA 2018 - the European Wound Management Association Conference, May 9-11 in Krakow, Poland.

SmartTRAK's Susan Paquette, VP and GM, Wound, will be representing SmartTRAK at the Advanced Wound Care Innovation Symposium Expert Panel Discussion on May 10th, giving  an overview of the European Advanced Wound Care market. Also attending the conference for SmartTRAK is Lennart Stadler, Senior Analyst, Wound Care.
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1 min read

SmartTRAK Presents two New Modules at SAWC Spring 2018

By Susan Paquette on 4/30/18 4:42 PM

 SmartTRAK Life Sciences Business Intelligence is proud to announce the addition of two new Wound Care modules, EU NPWT and China Advanced Dressings, to the extensive list of Wound Care market segments now available on SmartTRAK, featuring in-depth analysis, daily updates and strategic insights.

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1 min read

SmartTRAK at SAWC Spring 2018

By Susan Paquette on 4/23/18 9:44 AM

SmartTRAK will be attending #SAWC Spring 2018. Susan Paquette, VP & GM Wound, BioMedGPS and Lennart Stadler, SmartTRAK's Senior Analyst, Wound Care will be representing SmartTRAK and will also be on the panel for the "Advanced Wound Wound Care: Trends and Opportunities & Innovation" Executive Briefing to be held on Wednesday the 25th at the Westin Charlotte Hotel at 5pm, moderated by Don Urbanowicz

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2 min read

Q317 Advanced Wound Care Market: Biologics and Single Use NPWT Devices Show Strong Growth

By Susan Paquette on 4/16/18 2:06 PM

For Q317, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics was up +4.3% compared to Q316, with Acelity retaining the WW market leadership position with 22.5% share ... Download Article

Susan Paquette, VP & GM Wound, BioMedGPS and Lennart Stadler, SmartTRAK Senior Analyst, Wound Care, authors of the Q317Advanced Wound Care Market Recap, will be the expert analysts representing SmartTRAK at #SAWC Spring. Please Contact Us if you would like a meeting!

Topics: Wound Care
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1 min read

SmartTRAK's Final 2017 Soft Tissue Fixation Market Financial Results

By Kristina Meyer on 4/16/18 9:44 AM

Pricing pressure and commoditization slows Soft Tissue Fixation Market but 2017 still finishes strong

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 US Soft Tissue Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 Soft Tissue Fixation Market Recap are:

Topics: Orthopedics
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2 min read

SAWC Spring - Top 10 Things to Eat and Do in Charlotte

By Thomas Wallick on 4/12/18 7:00 AM


By all accounts, Charlotte, the Queen City, is one of the South's largest and most successful cities, having retained its Southern charm and friendliness despite its rapid growth in the past 20 years.

While attending SAWC Spring 2018, here are SmartTRAK's Top 10 Picks for places to eat,  interesting things to do and places to visit while in Charlotte.

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1 min read

SmartTRAK's Final 2017 Infection Prevention Financial Results

By Susan Paquette on 4/11/18 11:39 AM

The FY17 Vascular Access Adjunct Products market showed solid gains in all segments, up +4.7% YoY, and the closing of major acquisitions reshapes the competitive landscape ahead.

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 US Spine Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 US Infection Prevention Market Recap are:

Topics: Wound Care
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1 min read

SmartTRAK Attending ISASS18 in Toronto Canada

By Julianne Burns on 4/9/18 2:02 PM

SmartTRAK is excited to be attending ISASS18 - The International Society for the Advancement of Spine Surgery - annual meeting, April 11-13 in Toronto, Canada.

Julianne Burns, Senior Analyst, Spine; Christopher McCarthy, VP Corporate Accounts, Orthopedics and Neuro; and Michelle Calderon, Acc't Manager, Orthopedics will be there representing SmartTRAK. Please contact us if you would like a meeting.

Topics: Orthopedics
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1 min read

SmartTRAK'S Final 2017 Spinal Cord Stimulation Market Financial Results

By Anne Staylor on 4/9/18 12:27 PM

The US Spinal Cord Stimulation market reached new heights in Q417/FY17, driven by new products, expanding indications, and a growing demand for non-narcotic alternatives for treating chronic intractable pain. 

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 US Spinal Cord Stimulation Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 Spinal Cord Stimulation Market Recap are:

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1 min read

SmartTRAK's Final 2017 Spine Market Financial Results

By Julianne Burns on 4/5/18 10:00 AM

Spine is ending a Slow Year on a Slightly More Positive Note

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 US Spine Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 US Spine Market Recap are:

Topics: Orthopedics
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3 min read

SmartTRAK's Final 2017 US Surgical Matrices Market Financial Results

By Doug Devens on 4/4/18 10:27 AM

The US Surgical Matrices Market advanced again in Q417, reaching sales of $338.2MM, up +6.8% YoY, fueled by double-digit growth in allograft breast matrices and biosynthetics hernia matrices.

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 US Surgical Matrices Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 US Surgical Matrices Market Recap are:

Topics: Wound Care
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1 min read

SmartTRAK's Final 2017 Advanced Wound Care Market Financial Results

By Susan Paquette on 4/3/18 5:43 PM

Biologics and Single-use NPWT devices’ strong growth offset by weakening sales of market leaders in Advanced Dressings

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 Advanced Wound Care Market Recap and Financial Dashboard.

Among the many topics covered in the Q417/FY17 Advanced Wound Care Market Recap are:

  • FY17 Highlights and other Happenings
  • Another Slow Quarter for Market Leaders
  • Wound Biologics - Amniotic Tissue Maintains Strong Gains
  • New 2018 HCPCS Q Codes
  • NPWT - Single Use Products Shine
  • Advanced Dressings - Weak Sales from Market Leaders
Topics: Wound Care
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1 min read

SmartTRAK's Final 2017 OrthoBio Market Financial Results

By Kim French on 4/2/18 9:36 AM

Gains in sports medicine, extremities, advanced biologics and joint fluid offset softening spine market

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 OrthoBio Market Recap and Financial Dashboard.

Despite some challenges in 2017, the US OrthoBio market finished strong, growing 5.3% to $3.46B. Gains in Sports Medicine, Extremities, Advanced Biologics and Joint Fluid countered the softening Spine market and lower growth rates of core biologics. Positive results stemmed from incremental pull through revenue from synergistic sales strategies, entry of new companies, introduction of new products, growth in new surgeon users and use of biologics in non-traditional applications ...

Among the topics covered in the Q417, FY17 OrthoBio Market Recap are:

Topics: Orthopedics
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1 min read

Wound Debridement – Robust Growth in a Dynamic Market

By Lennart Stadler on 3/30/18 2:21 PM

The worldwide market for Wound Debridement Products is projected to increase ~22% from 2017 to 2022E, according to SmartTRAK estimates. SmartTRAK expects this robust growth to continue, driven by an increasing prevalence of chronic wounds, a growing awareness of the importance of dealing with biofilm, as well as a strong pipeline of innovative technologies and products.

The definition of wound debridement is today well established. It is the mechanical removal of dead, damaged or infected tissue to improve the healing potential of the remaining tissue. Effective and gentle wound debridement is critical for a successful healing process.

The actual debridement, however, can be performed in multiple ways....

Topics: Wound Care
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1 min read

SmartTRAK to Host Advanced Wound Care Executive Briefing at SAWC 2018

By Susan Paquette on 3/27/18 4:04 PM

SmartTRAK will be hosting an Executive Briefing and Reception titled "Advanced Wound Care: Trends, Opportunities & Innovation"  at the 2018 SAWC Spring - The Symposium on Advanced Wound Care - on Wednesday, April 25th at 5pm in the Westin Charlotte Hotel, Uptown Room.

Moderated by Don Urbanowicz, Principal, Urbanowicz Consulting, the panel will include Susan Paquette, VP & GM Wound, BioMedGPS and Lennart Stadler, SmartTRAK's Senior Analyst, Wound Care. The discussion will focus on the latest trends and technologies impacting the Global Advanced Wound Care Market.
            

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2 min read

SmartTRAK's Final 2017 Hemostats & Sealants Market Financial Results

By Doug Devens on 3/22/18 4:39 PM

The US market for Hemostats and Sealants recovered in Q417, up +5.0% YoY, in line with historic growth rates. While biologic sealants continue to lag, every other segment grew, led by absorbable hemostats and fibrin sealants.

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 Hemostats & Sealants Market Recap and Financial Dashboard.

As reported in SmartTRAK’s Financial Dashboard, almost every manufacturer competing in the Hemostats and Sealants market saw revenue growth in Q417/FY17, led by BaxterEthicon and Cryolife in Q417 and by Baxter and Integra for FY17 ...

Topics: Wound Care
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2 min read

SmartTRAK's Final 2017 Extremities Market Recap Financial Results

By Lisa Mahan on 3/20/18 3:11 PM


US Extremities Market experiences bump w/ new competition expected to fuel future growth

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 Extremities Market Recap and Financial Dashboard.

The US Extremities Market experienced an overall bump in Q417 growth that extended into all categories, with the exception of Ankle Replacement that took a slight dip in Q417, with sequential growth down from 18.1% to 16.1%. ...

Topics: Orthopedics
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3 min read

SMARTTRAK'S 2017 Trauma Market Recap Financial Results

By Natasha Weeks on 3/19/18 11:03 AM

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 Trauma Market Recap and Financial Dashboard.

Despite slightly tougher US comps in Q4, the Trauma Market ended 2017 with steady, mid-single-digit growth primarily driven from the IM Nailing segment. The strength of the IM Nailing segment has been a multi-year story as a result of trauma market leader DePuy Synthes’ TFNA Nail boosting sales each quarter. Other players such as Smith & Nephew and Zimmer Biomet have followed suit touting their own hip and femur nails as growth drivers during the quarter ...

Topics: Orthopedics
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2 min read

SmartTRAK's 2017 Total Joints Market Recap Financial Results

By Lisa Mahan on 3/15/18 6:50 PM


SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care  companies, has published its 2017 Total Joints Market Recap and Financial Dashboard.

The Total Joints Market finished off a challenging year with accelerated growth in Q417, despite increasing pricing pressure. Hurricanes in Q3 and increased seasonality due to higher insurance deductibles pushed procedures into Q4 driving stronger sequential growth. Increasing penetration of robotics resulted in uptake of new products, including Stryker’s MAKO robotic TKA application for Triathlon knees.

Topics: Orthopedics
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2 min read

SmartTRAK Attending ASIPP 2018 in Orlando

By Anne Staylor on 3/13/18 7:32 PM

SmartTRAK is excited to be attending #ASIPP 2018 - the 20th Annual Meeting of the American Society of Interventional Pain Physicians on March 15-17 at  the Marriot Orlando World Center in Orlando, Florida.

The educational events at ASIPP will include practice management, controlled substance management, regenerative medicine, interventional techniques, abstract presentations, a Resident/Fellow section for emergence into practice and much more. 

Anne Staylor,  Managing Editor, Business Intelligence and Senior Director, Advanced Technologies will be representing BioMedGPS SmartTRAK at the conference. Please contact us if you would like a meeting.

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11 min read

What’s Next for Nuvectra? An Interview with CEO Scott Drees

By Anne Staylor on 3/13/18 11:01 AM

Scott Drees, CEO of Nuvectra Corporation, discusses the Company’s challenges and opportunities in 2017, strategies for driving growth and market penetration in neuromodulation, and the Company’s key priorities for 2018 in an interview with SmartTRAK at the North American Neuromodulation Society Annual Meeting held Jan. 11-14, 2018 in Las Vegas, NV.

A transcript of SmartTRAK’s interview with Scott Drees is below, or click the following video to view the interview recorded live at NANS 2018. (17:41 minutes.)

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1 min read

SmartTRAK at AAOS 2018

By Sharon O'Reilly on 3/8/18 8:01 AM

SmartTRAK hosted a forward-thinking panel discussion titled "Ortho 2020: Joints, Biologics and Supply Chain Innovation" at #AAOS2018, the American Academy of Orthopaedic Surgeons meeting in New Orleans.

Topics: Orthopedics
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3 min read

Bundled Payments: A Delicate Balance

By Lisa Mahan on 3/5/18 10:00 AM


Becker’s October 2017 Hospital Review webinar on “Current Trends for Success in Bundles and Strategies for Financial Changes: Orthopedics and Beyond” provides insights into the delicate balance healthcare institutions and surgeons are trying to maintain in this cost-conscious environment. Joseph Bosco, MD, and Richard Iorio, MD, of NYU Hospital for Joint Diseases shared their experience with everything from maximizing reimbursements and cost-effectively managing patient care while maintaining and improving clinical outcomes.

 Dr. Bosco, holds the positions of Vice Chairman of Clinical Affairs, and Director of the Center for Quality and Patient Safety. Dr. Iorio serves as Chief of Adult Reconstruction and as the chair of the American Association of Hip and Knee Surgeons Committee on Advocacy and Healthcare Policy. Both Bosco and Iorio are principals with Labrador Healthcare Consulting, a value-based reimbursement strategies advisory firm. Below are highlights from the webinar:

Topics: Orthopedics
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1 min read

Q317 Total Joints Market: More than the Usual Seasonality

By Lisa Mahan on 3/1/18 10:00 AM

Hurricanes Harvey and Irma disrupted procedures in the US during Q3, slowing growth beyond the typical seasonality. In the US, Q317 Total Joints Market growth was virtually flat YoY compared to 1.6% growth in Q316. However, stronger performances OUS, despite the India price cuts, helped offset the US decline resulting in WW Market reported growth of ... Download Article

Topics: Orthopedics
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2 min read

AAOS 2018: SmartTRAK's Top 10 Things to Eat in New Orleans

By Sharon O'Reilly on 2/27/18 10:07 AM

One of the many things that makes New Orleans special is the incredible food. No short list could ever do justice to the vast array of Cajun and Creole dishes available every day throughout the city, but here is an excellent list to start with when you get some free time away from #AAOS2018 and want to sample some of the best dishes that New Orleans has to offer.
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1 min read

Meet SmartTRAK's Natasha Weeks - Senior Analyst, Trauma & Extremities Fixation

By Sharon O'Reilly on 2/26/18 10:00 AM

Meet SmartTRAK's Natasha Weeks, Senior Analyst, Trauma & Extremities Fixation. Natasha has 13 years' experience in marketing and product development, including 5+ years at DePuy Synthes Trauma, most recently as Product Director at DePuy Synthes Trauma.

You can view Natasha's intro video below...

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1 min read

SmartTRAK To Host Ortho 2020 Panel Discussion at AAOS 2018

By Sharon O'Reilly on 2/23/18 10:00 AM

SmartTRAK will be hosting a panel discussion titled "Ortho 2020: Joints, Biologics and Supply Chain Innovation" at #AAOS2018, the American Academy of Orthopaedic Surgeons meeting, on March 6th in New Orleans.

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1 min read

Regenerative Medicine - Riding a Wave of Innovation

By Kim French on 2/21/18 12:42 PM

Regenerative medicines, the new era of human health, represent a wave of innovation coming to our health care system, approaching much faster than most realize. As of Q217, there were more than 822 companies developing regenerative medicine technologies.

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2 min read

Meet SmartTRAK's Julianne Burns - Senior Analyst Spine

By Sharon O'Reilly on 2/20/18 11:06 AM

Meet Juliane Burns, SmartTRAK's Senior Analyst, Spine. Julianne has 10 years' experience in marketing, market development and startup consulting in the spine industry, including the position of Market Manager at Medtronic Spinal & Biologics.

Julianne will be representing SmartTRAK at ISASS18 - the Int'l Society for the Advancement of Spine Surgery conference, April 11-13 in Ontario, Canada. If you would like to schedule a meeting with Julianne there, please contact us.

You can view Julianne's video intro below...

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2 min read

AAOS 2018: Top 10 Things to Do in New Orleans

By Lisa Mahan on 2/14/18 10:00 AM

New Orleans is a cultural destination, known for its exciting food, music and celebrations. While #AAOS2018 attendees may be missing Mardi Gras, there is still plenty to do and see. Even if you're worn out from a day at the convention, you can still experience a little bit of The Big Easy. Here are some of SmartTRAK's top ideas to get out and enjoy New Orleans!
Topics: Orthopedics
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2 min read

SmartTRAK Attending AAOS 2018 in New Orleans

By Sharon O'Reilly on 2/9/18 1:18 PM

SmartTRAK is excited to be attending AAOS 2018 - the American Academy of Orthopaedic Surgeons annual meeting, March 6-10 in New Orleans, LA. 

SmartTRAK will be hosting Ortho 2020: Joints, Biologics and Supply Chain Innovation, a panel reception, on Tuesday, March 6th, immediately following the Canaccord meeting at 4:30 in the Sheraton New Orleans Hotel, 500 Canal Street, New Orleans, LA, in the Lagniappe Room. Appetizers and cocktails will be provided and space is limited, so if you would like to attend, please RSVP by Feb 28, 2018.

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2 min read

Meet SmartTRAK's Kristina Meyer - Senior Analyst, Sports Medicine

By Sharon O'Reilly on 2/8/18 10:00 AM

Meet Kristina Meyer, SmartTRAK's Senior Analyst, Sports Medicine. Kristina has 12+ years' experience in marketing, field marketing and professional education, with a concentration on Sports Medicine, including Marketing and Sales Management roles at Smith & Nephew and Stryker Sports Medicine.

Kristina will be representing SmartTRAK at AANA18 , the Arthroscopy Assoc. of North America conference, April 26-28 in Chicago.

You can view Kristina's video below...

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4 min read

Ziptek's Resorbable Suture Button for Soft Tissue Repair

By Kristina Meyer on 2/2/18 9:00 AM

Taking on the orthopedic soft-tissue repair market with a novel, zip-tie inspired platform for knotless tissue repair and attachment

With the zip tie as inspiration, Sarasota, FL-based start-up Ziptek, LLC hopes to revolutionize the soft-tissue repair industry with a novel, self-locking, resorbable suture button for soft-tissue repair designed to facilitate natural tissue regeneration, strengthen the repair, and provide an alternative to knotless anchor devices in the US market for orthopedic soft tissue fixation, which is projected to reach over $1.8B by 2021E. 

Topics: Orthopedics
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1 min read

Chris McCarthy Promoted BioMedGPS VP Corporate Accounts

By Sharon O'Reilly on 1/29/18 6:30 AM

BioMedGPS, a leader in real-time data and analysis in the life sciences industry, announced that Chris McCarthy has been elevated to the position of Vice President Corporate Accounts, SmartTRAK Orthopedics and Neuro, further filling out the BioMedGPS senior leadership team of life sciences industry veterans.

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1 min read

Meet SmartTRAK's Lisa Mahan - VP of Content Development, Orthopedics

By Sharon O'Reilly on 1/24/18 9:00 AM

Meet Lisa Mahan, SmartTRAK's VP of Business Development, Orthopedics. Lisa has 20+ years of experience in the orthopedic industry, including 12 years at J&J DePuy Orthopaedics. View Lisa's video below...

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1 min read

SmartTRAK Attending ISC 2018 in Los Angeles CA

By Anne Staylor on 1/22/18 9:00 AM

SmartTRAK is excited to be attending #ISC 2018 - International Stroke Conference, January 24-26 at the Los Angeles Convention Center.

The International Stroke Conference is the world’s premier meeting dedicated to the science and treatment of cerebrovascular disease.

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9 min read

High Frequency SCS for Upper Limb and Neck Pain: An Interview with Kas Amirdelfan, MD

By Anne Staylor on 1/18/18 11:33 AM

Kas Amirdelfan, MD talked with SmartTRAK at the ASRA 2017 Annual Meeting regarding preliminary 12 month results from the SENZA-ULN study

Kas Amirdelfan, MD, principle investigator of the SENZA-Upper Limb and Neck (ULN) study, spoke with SmartTRAK's Anne Staylor at the recent American Society of Regional Anesthesia and Pain Medicine (ASRA) annual meeting in Lake Buena Vista, FL regarding preliminary 12 month results from SENZA-ULN, the unmet clinical need for chronic intractable ULN pain, factors affecting physician adoption for this indication and what’s next for this research. (See ASRA Poster 4194.) 

A transcript of SmartTRAK’s interview with Dr. Amirdelfan is below or click on the following video to view the interview recorded live at ASRA 2017. (13:23 minutes.)

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1 min read

Who's Next? Emerging European Wound Care Products

By Susan Paquette on 1/17/18 11:39 AM

EWMA 2017, held in Amsterdam,  provided a unique and interesting look at the European Advanced Wound Care market - showcasing products approved for the European market but not yet launched in the US. Europe has always been a breeding ground for innovative medical devices, and has long served as a gateway for companies looking to bring new devices to the US. While some of these companies have no desire to enter the US market, many look to the US market with high expectations. It is the largest medical device market in the world, with one language and one regulatory and reimbursement system, and is much less complicated than the European market where distribution partnerships and regulatory approvals are sometimes needed for each country.

To read more about Advanced Wound Care growth for the US and EU and high tech advanced wound care products emerging from Europe that could be competing in the US market, please click to download the
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5 min read

SmartTRAK Attending NANS 2018

By Anne Staylor on 1/8/18 6:32 PM

 

SmartTRAK is excited to be attending NANS 2018 - the North American Neuromodulation Society's 21st Annual Meeting meeting on Jan 11-14, 2018 at Caesars Palace in Las Vegas, Nevada.

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2 min read

SmartTRAK Publication Alert: Q317 Spinal Cord Stim Quarterly Market Recap

By Anne Staylor on 12/30/17 3:59 PM

Fast Growing Spinal Cord Stim Market Slows in Q317 

While the overall Neuromodulation Spinal Cord Stimulation (SCS) market continues to see strong, double-digit growth YTD, sequentially the US SCS market decelerated in Q317 due to seasonality and hurricane-related supply chain disruptions, particularly affecting Medtronic.

By Anne Staylor, Managing Editor, SmartTRAK Business Intelligence

YTD, the US SCS market is trending at high growth rates, a faster growth than SmartTRAK’s original 2017 forecast, as next generation products continue to drive unprecedented growth in this highly underpenetrated market. In the US, AbbottNevro and Boston Scientific’s (BSX) Q317 YoY SCS revenues increased  respectively, while competitive pressures  accelerated Medtronic’s US SCS revenue decline, down YoY according to SmartTRAK Financial Dashboard.

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4 min read

Catalyst OrthoScience Rethinks Total Shoulder Arthroplasty

By Kristina Meyer on 12/21/17 5:48 PM

Catalyst OrthoScience speaks with SmartTRAK at the Orthopedic Summit Meeting (OSET) 2017 regarding the Company’s next generation total shoulder solution and its strategy for competing with the big players in this space

The Catalyst CSR Total Shoulder System is the result of the visionary insight of Steven Goldberg, MD, a fellowship-trained orthopedic surgeon and shoulder specialist, who devised the next generation, higher precision, less-invasive total shoulder solution with a greatly simplified method of implant placement. In 2011, Dr. Goldberg began development of the revolutionary implant with the new shape and created prototypes using a 3D printing service. Armed with two U.S. provisional patents and positive feedback from several prominent shoulder specialists, the Catalyst CSR Total Shoulder System was born.

Click on the video below to view SmartTRAK’s interview with Dr. Steven Goldberg, Founder & CMO, of Catalyst OrthoScience recorded live at the OSET meeting 2017.  (04:02 minutes)

 

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Wound Care Infection Prevention Quarterly Market Recap

By Susan Paquette on 12/19/17 2:49 PM

Q317 Infection Prevention: Vascular Access Adjunct Products 

A slowdown in growth for another quarter.

By Susan Paquette, VP Wound

For Q317, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access Adjunct Products market reached new market revenue heights in dollars and growth.

Topics: Wound Care
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1 min read

SmartTRAK Publication Alert: Q317 Orthopedics Trauma Quarterly Market Recap

By Natasha Weeks on 12/19/17 2:46 PM

Q317 Trauma Market Recap: Emerging Products, Players Boost the Market

New products and players, along with healthy international sales, gave the Trauma Market a boost in Q317.

By Natasha Weeks, Managing Editor/Sr. Analyst Trauma & Extremities

Strong US growth supported by healthy international sales helped propel the WW Trauma Market up in Q317 – the second quarter with growth. Despite more difficult comps, the trauma segment continued to post yet another quarter of steady growth. IM Nailing, the segment powerhouse, led the charge while Plates & Screws followed suit.

Topics: Orthopedics
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2 min read

SmartTRAK Publication Alert: Q317 Orthopedics Soft Tissue Fixation Quarterly Market Recap

By Kristina Meyer on 12/19/17 2:24 PM

Q317 Soft Tissue Fixation Market: Flat Growth vs Q217

The Soft Tissue Fixation Market saw flat QoQ growth in Q317, as a mix of supply chain issues, increasing competition, specialized sales forces and seasonality caused the major players to take one step forward and one step backward during the quarter.

By Kristina Meyer, Sr Analyst, Sports Medicine

Although soft tissue fixation growth in the US was up YoY, growth was nearly flat as compared with Q217. In a specialty where many surgeries are elective, seasonality plays a part. Case volumes often dip during summer months as both surgeons and patients take vacations. In contrast, case volumes typically rebound heavily in Q4 as deductibles renew the first of each year. Most of the major players in the soft tissue fixation market, including  Arthrex Smith & Nephew  (SNN),  Zimmer Biomet  (ZBH) and CONMED Linvatec (CNMD) took one step forward in Q317 and one step back. 

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Wound Care Surgical Matrices Quarterly Market Recap

By Doug Devens on 12/19/17 2:04 PM

Q317 US Surgical Matrices Market: Strong Growth Continues in Breast Matrices 

The US Surgical Matrices Market saw growth in Q317 as sales of allografts fueled double-digit growth in breast matrices and biosynthetics offset declines in biologics in hernia repair.

By Doug Devens, Senior Analyst Biosurgery

The US Surgical Matrices market, consisting of hernia repair and breast reconstruction products, continued uneven growth in Q317.  Allergan continued to capture share in the overall market, using its growth in allografts to increase its share.

Topics: Wound Care
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1 min read

SmartTRAK Publication Alert: Q317 OrthoBio Quarterly Market Recap

By Kim French on 12/19/17 1:02 PM

Q317 OrthoBio Market: Hurricane related disruptions

Hurricane related disruptions, competition and sales force dynamics impacts third quarter results

By Kim French, Senior Analyst, SmartTRAK OrthoBio

For Q317, the US OrthoBio Market grew substantially, compared to Q316. Both positive and negative developments are impacting company results. Positive happenings include increased revenue generation from synergistic sales strategies, market share capture and expansion of new users or new products. Companies experiencing lower than expected performance report hurricane related disruptions, slow ramp-up of sales force expansion, product portfolio gaps and market share loss due to increased competition.

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Extremities Quarterly Market Recap

By Lisa Mahan on 12/19/17 12:20 PM

Q317 Extremities Market: Boost from New Products Offsets Challenges

New products and market segment penetration somewhat offsets slowing growth due to challenges faced by large industry players

By Lisa Mahan, VP, Content Development, Ortho and
Natasha Weeks, Editor/Sr. Analyst–Trauma

Large market players faced challenges that slightly dampened Q317 growth in the US Extremities market, with sequential growth down. Above market growth from smaller companies launching new products and increasing market penetration somewhat offset the negative effects of  Zimmer Biomet ’s supply issues on the largest market segment – Shoulder Replacement.

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Advanced Wound Care Quarterly Market Recap

By Susan Paquette on 12/19/17 9:00 AM

Q317 Market Recap Advanced Wound Care 

Biologics and single-use NPWT devices’ strong growth helps boost sluggish advanced dressing performance.

By Susan Paquette, VP Wound and
Lennart Stadler, Senior Analyst Wound

For Q317, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics grew in spite of a weak performance with market leaders.

Topics: Wound Care
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1 min read

SmartTRAK Publication Alert: Q317 Spine Quarterly Market Recap

By Julianne Burns on 12/19/17 8:00 AM

Q317 Spine Market Recap: Softer Procedural Volumes – But Why?

The WW Spine Hardware Market (excluding biologics) was flat in Q317, driven by softer procedure volumes. But Why? SmartTRAK analyzes what’s behind the market slowdown.  

By Julianne Burns, Senior Analyst Spine 

Market Softening

The WW Spine Hardware market (excluding biologics) was flat in Q317. US Spine Hardware revenues were down very slightly and the US Fusion market was down according to the SmartTRAK Financial Dashboard.

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Hemostats and Sealants Quarterly Market Recap

By Doug Devens on 12/18/17 7:11 PM

Q317 Market Recap Biosurgery Hemostats & Sealants: Supply Chain Disruptions 

By Doug Devens, Senior Analyst Biosurgery

Surprisingly, the US market for Hemostats and Sealants was down vs Q217 and YoY, an anomaly from historic growth rates, primarily due to supply chain disruptions and softness in the thrombin hemostat segment.

Topics: Wound Care
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12 min read

Trends and Transactions in the Spine Market

By Don Urbanowicz on 12/18/17 7:08 PM

Don Urbanowicz of Urbanowicz Consulting interviews John Pracyk, MD of DePuy Synthes, Adam Wollowick, MD of Stryker Spine, and Bob Kinsella of Kinsella Group regarding trends and transactions in the spine market in a pre-NASS panel discussion entitled “From the Operating Room to the OEM.”

Capital One, BioMedGPS and Kinsella Group sponsored a panel discussion prior to the 2017 NASS meeting covering a variety of topics. The discussion, featured in the excerpt below, focuses on “From the Operating Room to the OEM” with John Pracyk, MD, PhD, MBA, FAANS, FACS, Spine Franchise Medical Leader at DePuy Synthes; Adam Wollowick, MD, MBA, Senior Director of Business Development at Stryker Spine; Bob Kinsella, President of Kinsella Group; and Don Urbanowicz, Principal of Urbanowicz Consulting (Moderator).

Topics: Orthopedics
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1 min read

SmartTRAK Publication Alert: Q317 Total Joints Quarterly Market Recap

By Lisa Mahan on 12/18/17 2:31 PM

Q317 Total Joints Market: More than the Usual SeasonalityMajor hurricanes in the US lead to softness in the quarter  

By Lisa Mahan, VP, Content Development, Ortho

The Imperfect Storms

Hurricanes Harvey and Irma disrupted procedures in the US during Q3 slowing growth beyond the typical seasonality. In the US, Q317 Total Joints Market growth was virtually flat YoY.

Topics: Orthopedics
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8 min read

Trice Medical: Revolutionizing Orthopedic Diagnostics

By Kristina Meyer on 12/17/17 10:01 PM

At the 2017 Orthopedic Summit (OSET) meeting in Las Vegas, Mark Foster, Trice Medical’s Chief Commercialization Officer and VP of Worldwide Sales, spoke with SmartTRAK's Kristina Meyer about the Company’s revolutionary new technology that is improving the way orthopedic injuries are diagnosed. Trice Medical’s newest product, mi-eye 2, is a fully disposable, integrated camera (the size of a 14-gauge needle) with plug-and-play technology that is FDA cleared to provide illumination and visualization during diagnostic and operative arthroscopic and endoscopic procedures. These procedures can be performed in the clinic setting and provide patients with immediate and definitive diagnoses while significantly reducing the overall cost to the healthcare system.

A transcript of SmartTRAK’s interview with Trice Medical is below, as is the video interview, recorded live at the 2017 OSET meeting: (11:27 min.) 

Topics: Orthopedics
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8 min read

Leonardo Kapural, MD Highlights Interim Results from SENZA-CAP

By Anne Staylor on 12/14/17 4:22 PM

Leonardo Kapural, MD discusses interim results from SENZA-CAP in a SmartTRAK interview at ASRA 2017

At the recent American Society of Regional Anesthesia and Pain Medicine (ASRA)
annual meeting in Lake Buena Vista, FL, Leonardo Kapural, MD, professor of anesthesiology at Wake Forest University and principle investigator of the SENZA-RCT, presented interim three month results from SENZA-CAP, a multicenter feasibility study evaluating use of 10 kHz spinal cord stimulation (SCS) for the treatment of chronic abdominal pain (CAP). (See ASRA Poster 4491.)

In an interview at ASRA, SmartTRAK spoke to Dr. Kapural regarding key findings from this study, the addressable market for SCS in chronic abdominal pain, patient engagement as a potential variable, and what’s next for this research.

A transcript of SmartTRAK’s interview with Dr. Kapural is below. Or click on the following video to view the interview recorded live at ASRA 2017. (12:06 minutes.)

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7 min read

Top 10 SmartTRAK News & Analysis Blog Posts 2017

By Sharon O'Reilly on 12/6/17 4:33 PM

This year, we launched the SmartTRAK Blog, a new resource providing breaking medical device event coverage, previews of great SmartTRAK content and interviews with leaders in the medical device industry. The response has been terrific, and we'd like to share with you our Top 10 blog posts of 2017.

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5 min read

NASS/CNS: Hot Topics and Bright Spots in Spine

By Julianne Burns on 11/30/17 2:15 PM

 SmartTRAK reviews hot topics from the fall Spine meetings and identifies bright spots in an otherwise soft Spine market.

As we look forward to Q4 and year-end results, a busy fall meeting season comes to a close. This year, industry and analysts alike looked eagerly to the Congress of Neurological Surgeons (CNS) and North American Spine Society (NASS) meetings in the hopes of nailing down some of the new, softer dynamics emerging in the Spine market. Q3 results seem to uphold the theory that the market is challenged, but bright spots remain as companies showcased myriad new interbody platforms and materials, and a few new robotics systems.

Topics: Orthopedics
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4 min read

DKOU Spotlight: AgNovos Healthcare: Minimally Invasive Injectable Technique for Stabilizing Osteoporotic Hips

By Sharon O'Reilly on 11/28/17 3:58 PM

SmartTRAK's President & CEO Sharon O'Reilly attended DKOU2017, the German Congress of Orthopedic and Trauma Surgery, in Berlin Oct. 24-27, 2017 and uncovered several new and innovative orthopedic, trauma and spine technologies on the exhibit floor.

This week, the SmartTRAK blog is featuring video interviews from DKOU highlighting new companies and products emerging from Europe.

Next up ...


Leanna Caron, EVP & CCO and Dr. James Howe, Founder & CMO - AgNovos Healthcare: A minimally invasive injectable technique for stabilizing osteoporotic hips 

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2 min read

SmartTRAK To Attend Desert Foot 2017

By Susan Paquette on 11/28/17 1:56 PM

SmartTRAK is excited to attend Desert Foot 2017 on Nov-29 through Dec-2, 2017  at the Grand Sheraton, Phoenix AZ. Desert Foot is the Annual Multi-Disciplinary Diabetic Limb Salvage Conference which honors our Federal Services Healthcare Professionals.

Topics: Wound Care
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2 min read

DKOU Spotlight: Joline's Quattroplasty - Reducing Vertebral Compression Fractures

By Sharon O'Reilly on 11/26/17 3:23 PM

SmartTRAK's President & CEO Sharon O'Reilly attended DKOU2017, the German Congress of Orthopedic and Trauma Surgery, in Berlin Oct. 24-27, 2017 and uncovered several new and innovative orthopedic, trauma and spine technologies on the exhibit floor.

This week, the SmartTRAK blog is featuring video interviews from DKOU highlighting new companies and products emerging from Europe.

Next up ...

Peter Kohlbecher, Director, Sales & Marketing of Joline GMBH - Quattroplasty: a novel four balloon technique for reducing vertebral compression fractures

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2 min read

DKOU Spotlight: Telos -  Processing Living Bone Allografts

By Sharon O'Reilly on 11/20/17 11:21 PM

SmartTRAK's President & CEO Sharon O'Reilly attended DKOU2017, the German Congress of Orthopedic and Trauma Surgery, in Berlin Oct. 24-27, 2017 and uncovered several new and innovative orthopedic, trauma and spine technologies on the exhibit floor.

This week, the SmartTRAK blog is featuring video interviews from DKOU highlighting new companies and products emerging from Europe.

Next up ...

Alexa Tulaszewski of Telos: Processing fresh bone allografts using femoral heads derived from surgical living donors

Topics: Orthopedics
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1 min read

DKOU Spotlight: BoneHelix - Corkscrew Shaped Intramedullary Rods

By Sharon O'Reilly on 11/18/17 7:28 PM

SmartTRAK's President & CEO Sharon O'Reilly attended DKOU2017, the German Congress of Orthopedic and Trauma Surgery, in Berlin Oct. 24-27, 2017 and uncovered several new and innovative orthopedic, trauma and spine technologies on the exhibit floor.

Over the next few days, the SmartTRAK blog will feature video interviews from DKOU highlighting new companies and products emerging from Europe. Yesterday we featured Christian Calame of Naviswiss: Handheld, miniaturized navigation technology for computer-assisted orthopedic surgery

Next up ...

Florian Junker, Managing Director at BoneHelix: Corkscrew-shaped intramedullary rod for fixation of long bone fractures

Topics: Orthopedics
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1 min read

DKOU Spotlight: Navaswiss - Miniaturized Navigation Tech for Computer-Assisted Ortho Surgery

By Sharon O'Reilly on 11/17/17 11:48 AM

SmartTRAK's President & CEO Sharon O'Reilly attended DKOU2017, the German Congress of Orthopedic and Trauma Surgery, in Berlin Oct. 24-27, 2017 and uncovered several new and innovative orthopedic, trauma and spine technologies on the exhibit floor.

Over the next week, the SmartTRAK blog will feature video interviews from DKOU highlighting new companies and products emerging from Europe. First up ...


Christian Calame of Naviswiss
: Handheld, miniaturized navigation technology for computer-assisted orthopedic surgery

Topics: Orthopedics
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1 min read

SmartTRAK Quoted in Wall Street Journal: Ankle Replacement Market

By Lisa Mahan on 11/16/17 8:00 PM

SmartTRAK was cited by the Wall Street Journal on Nov. 12, 2017 in an article by Laura Johannes, "Ankle Replacements Take Off as Devices Appear Durable."  The article is part of the Journal Reports Retirement series, and states that ankle replacements are growing in popularity as doctors gain confidence that the implants will last.

Topics: Orthopedics
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1 min read

Is Closed-Loop Spinal Cord Stim The Next Big Thing?

By Anne Staylor on 11/14/17 7:04 PM

Closed-Loop Spinal Cord Stim: The Next Big Thing?

With impressive preliminary data from Saluda Medical’s AVALON trial, and all the big players working on evoked potentials, will closed-loop spinal cord stimulation (#SCS) be the next big thing?

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2 min read

SmartTRAK Attending ASRA 2017 Pain Medicine Meeting

By Anne Staylor on 11/13/17 10:28 PM

SmartTRAK is excited to be attending ASRA- the American Society of Regional Anesthesia and Pain Medicine  on Nov 16-18, 2017 in Lake Buena Vista, FL.

The importance of pain medicine providers has never been more apparent...

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10 min read

The Future of NeuroInterventional Surgery: A SmartTRAK Interview with Don Frei, MD

By Anne Staylor on 11/9/17 7:01 PM

Society of NeuroInterventional Surgery (SNIS) President Donald F. Frei, MD talked with SmartTRAK at the SNIS 14th Annual Meeting regarding the future of neurointerventional surgery. 

Don Frei, MD, President of the Society of NeuroInterventional Surgery (SNIS), discusses key studies, trends, and technologies affecting the market for mechanical thrombectomy devices in an interview with SmartTRAK at the SNIS 14th Annual Meeting July 24-27, 2017 in Colorado Springs, CO.

A transcript of SmartTRAK’s interview with Don Frei, MD, is below. To listen to the audio interview recorded live at SNIS 2017, click here

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4 min read

One Stop Shop Strategy Drives Orthopedic 2017 Product Trends

By Kristina Meyer on 10/31/17 4:03 PM

SmartTRAK Analysis Article

In 2017 companies are showcasing new initiatives and products designed to round out their portfolios and help them gain market share by becoming a one stop shop for providers. Read three big trends from SmartTRAK. 

Topics: Orthopedics
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2 min read

SmartTRAK Attending AANA Fall Course 2017 Arthroscopy Meeting in Palm Desert California

By Sharon O'Reilly on 10/30/17 7:00 PM

SmartTRAK is excited to be attending AANA FALL COURSE 2017 - the Arthroscopy Association of North America meeting on Nov 2-4, 2017 in Palm Desert, CA.

Topics: Orthopedics
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1 min read

Smarttrak Attending AAHKS 2017  Hip and Knee Surgeons Meeting in Dallas, Texas

By Lisa Mahan on 10/30/17 3:36 PM

SmartTRAK is excited to be attending AAHKS - the American Association of Hip and Knee Surgeons meeting on Nov 2-5, 2017 at the the Hilton Anatole in Dallas, Texas.

Established in 1991, the mission of the American Association of Hip and Knee Surgeons (AAHKS) is to advance hip and knee patient care through education and advocacy.

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2 min read

SmartTRAK attending NASS - North American Spine Society- in Orlando

By Don Urbanowicz on 10/26/17 12:56 AM


SmartTRAK is excited to be attending NASS - the North American Spine Society meeting on Oct 25-28, 2017 at the Orange County Convention Center in Orlando, Florida.

Don Urbanowicz, Principal, Urbanowicz Consulting and COO of SmartTRAK and Michelle Calderon, Account Manager for Orthopedics  are representing BioMedGPS SmartTRAK at the conference.

Topics: Orthopedics
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4 min read

SmartTRAK To Attend ACS American College of Surgeons Clinical Congress 2017 in San Diego

By Susan Paquette on 10/23/17 10:37 PM

SmartTRAK is excited to be attending the ACS Clinical Congress 2017 on Oct 22-26, 2017 at the San Diego Convention Center in San Diego, California.

The hallmarks of the Clinical Congress are a broad range of outstanding hands-on and didactic learning opportunities and timely discourse on the most relevant surgical practices and research, along with unparalleled access to peers.

Please look for SmartTRAK's Susan Paquette, MS, MBA, Vice President and General Manager, Wound; Doug Devens, Senior Analyst, Biosurgery; Geoffrey Brown, Director Corporate Accounts, Wound Care. Contact Us for a meeting!

Topics: Wound Care
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2 min read

SmartTRAk To Attend DKOU2017 German Congress of Orthopedic and Trauma Surgery

By Sharon O'Reilly on 10/23/17 10:01 PM

SmartTRAK is excited to attend DKOU2017 German Congress of Orthopedic and Trauma Surgery on Oct 24-27, 2017 in Berlin at Messe Berlin.

Please look for SmartTRAK's Sharon O'Reilly, CEO & Founder; Chris McCarthy, Senior Director Corporate Accounts; and Tim Jeavons, Director European Orthopedic Content & Sales. Contact Us for a meeting!

Topics: Orthopedics
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1 min read

SmartTRAK Attends #SAWCFall 2017

By Susan Paquette on 10/23/17 2:59 PM

SmartTRAK had a great show at #SAWC2017! A few snaps from the show below and lots of great connections made by Lennart Stadler, Senior Analyst, Wound Care and Geoff Brown, Director Corporate Accounts, Wound Care. If you didn't get a chance to meet with them at the show, please don't hesitate to reach out!

And SmartTRAK's launch of new module Advanced China Dressings #woundcare was really well received. For a preview sample of the China Dressings module, click below.

Interested in the future of Advanced Dressings in China? Download a Preview of our new Module now!

 

 

Topics: Wound Care
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1 min read

Vivorté Cites BioMedGPS in the FORTERA and REGENTO bone grafting solutions Release

By Sharon O'Reilly on 10/20/17 9:01 AM

Vivorté, Inc., a vertically-integrated, specialty orthopedic biomaterials company, announced the commercial availability of a complete line of bone grafting product solutions.

Topics: Orthopedics
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1 min read

BioMedGPS Announces Coverage of China Advanced Dressings in Wound Care

By Lennart Stadler on 10/19/17 9:30 AM

BioMedGPS announces expanded coverage of SmartTRAK Business Intelligence for Advanced Wound Care with the addition of its newest module, China Advanced Wound Dressings.

BioMedGPS projects the China Advanced Wound Dressings Market has a CAGR of 9.4%.
Topics: Wound Care
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4 min read

Join BioMedGPS for a Gathering of Spine and Ortho Industry Executives at NASS

By Sharon O'Reilly on 10/17/17 6:15 PM

Co-sponsored by: Capital One Healthcare, Kinsella Group and BioMedGPS

Cocktails and heavy hors d’oeuvres will be served at the Tommy Bahama Restaurant & Bar, just steps away from the Orange County Convention Center. The spacious patio is a perfect location for an evening of networking under the stars.

The evening will include a short panel discussion titled From the OR to the OEM: A Perspective, led by Don Urbanowicz, Principal, Urbanowicz Consulting, LLC.

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2 min read

SAWC Fall: SmartTRAK to Attend Oct 20-22 in Las Vegas

By Susan Paquette on 10/17/17 5:16 PM

SmartTRAK is excited to attend SAWC Fall on Oct 20-22, 2017 in Las Vegas at the beautiful Caesers Palace.  Please look for SmartTRAK's Lennart Stadler, Senior Analyst, Wound Care, who has flown all the way in from Sweden to attend the meeting. And it's also a great opportunity to meet with Geoffrey Brown,  Director Corporate Accounts, Wound Care, from Southern California!

Request a Meeting!

Topics: Wound Care
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1 min read

BioMedGPS Expands Coverage of Wound Care Market with Launch of US Hemostats & Sealants

By Susan Paquette on 10/12/17 8:50 AM

BioMedGPS announces expanded coverage of SmartTRAK Business Intelligence for the Surgical Wound Market with the addition of its newest module, US Hemostats & Sealants.

 Interested in the future of Biosurgery? Download our Hemostats & Sealants Article now!

Topics: Wound Care
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7 min read

Top 5 Trends in Joint Replacement

By Lisa Mahan on 10/4/17 9:00 AM

Push Pull Trends in Joint Replacement Market Keep Growth Steady

Over the next twelve months, BioMedGPS projects the US Joint Replacement Market will grow in the low single digits at approximately 3%. This slow but steady growth is consistent with past years as the push pull of market trends keeps it in check. Gaining share in this era will require companies to navigate the changing political and economic landscape and to deliver solutions beyond launching the latest widget...

Topics: Orthopedics
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1 min read

Vagal Nerve Stimulation With Rehab Improves Long-Term Stroke Recovery

By Anne Staylor on 9/26/17 11:47 AM

SmartTRAK reports on two studies presented at INS 2017 evaluating the effect of VNS paired with rehab in stroke patients with upper limb paralysis.

One of the hottest emerging applications for neuromodulation is for improving function and movement in patients paralyzed by a stroke. Stroke affects almost 800,000 people every year in the US alone and is a leading cause of long-term disability, with an annual cost to the healthcare system of ~$33 billion.

At the International Neuromodulation Society (INS) 13th Annual Congress May 26-June 3 in Edinburgh, SmartTRAK interviewed Jesse Dawson, MD, Clinical Lead, Scottish Stroke Resea