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SmartTRAK Life Sciences News and Analysis Blog

Andy Knapik

Sr. Analyst, Soft Tissue & Arthroscopic Technologies - 20 years’ experience in US and International sales and marketing for the orthopedics and sports medicine markets, including 12 years at Smith & Nephew.

Recent Posts

1 min read

Trends & Advancements in Sports Medicine & Arthroscopy: SmartTRAK at OSET 2022

By Andy Knapik on 10/17/22 9:30 AM

SmartTRAK highlights new products and company strategies for penetrating the ASC market at OSET 2022

The Orthopedic Summit Meeting (OSET) found itself in a new location and time this year as meeting organizers moved a long-time December meeting in Vegas to fall in Boston at the Encore Hotel and Casino. The overall mood of the meeting was positive and seemingly well attended, however, it seems that the change of venue and time of year may have negatively affected overall attendance versus past years. 

All the regular players from a company perspective were in attendance, some showcasing new products and others looking to demonstrate procedural prowess as everyone looks to strengthen their foothold on the hot ambulatory surgery center (ASC) market.   

New Product Introductions: Biologics-Backed Fixation Takes Center Stage

Topics: Orthopedics Top Story Soft Tissue Fixation
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2 min read

Soft Tissue Fixation Rebounds: Q122 Market Recap

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

Soft Tissue Fixation Rebounds in Q122

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

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

Topics: Orthopedics Orthobiologics Soft Tissue Fixation
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2 min read

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

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

Soft Tissue Fixation Takes A Hit In Q421

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

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

Topics: Orthopedics Arthroscopic Technologies Soft Tissue Fixation
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2 min read

Picking Up Steam: Soft Tissue Fixation Market Recap

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

Soft Tissue Fixation Continues to Pick Up Steam in Q2 2021

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

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

Topics: Orthopedics Soft Tissue Fixation
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2 min read

Picking Up Speed: Q121 Arthroscopic Technologies Market Recap

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

Arthroscopic Technologies starts to pick up speed in 2021

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

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

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

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

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

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

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

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

Topics: Orthopedics
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2 min read

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

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

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

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

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

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

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SmartTRAK is the Medtech industry’s only global Insights-as-a-Service solution for the Orthopedics, Wound Care, Regenerative Medicine and Neuro Therapy markets. SmartTRAK’s propriety methodology turns disparate data from hundreds of sources into powerful insights customers can rely on as the trusted source for strategic decision-making. The SmartTRAK enterprise platform includes rich daily updates, comprehensive market coverage and simple-to-use tools and dashboards for market, product and financial analysis. Customers leveraging the SmartTRAK platform also have direct access to market experts for inquiries and advisory services.

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