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Doug Devens

20 years of diverse medical device experience, including leading companies 3M, Coloplast and Boston Scientific, along with emerging companies. Leadership experience in product development, including championing the process for voice of customer and concept feedback sessions with key thought leaders.
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Recent Posts

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

Posted 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:

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Topics: Biosurgery-Hemostats and Sealants

Q219 US Surgical Matrices Market Recap: Modest Growth

Posted 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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Topics: Surgical Matrices

Q418/FY18 Market Recap: US Hemostats and Sealants

Posted 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...

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Topics: Biosurgery-Hemostats and Sealants, Q418 Market Recaps

Q418/FY18 Market Recap: US Surgical Matrices

Posted 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:

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Topics: Advanced Wound Care-Surgical Matrices, Q418 Market Recaps

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

Posted 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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Topics: Hernia, SmartTRAK Conferences

Q318 Market Recap: US Surgical Matrices

Posted 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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Topics: Surgical Matrices, Q318 Market Recaps

Q318 US Hemostats and Sealants Market Recap

Posted 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:

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Topics: Biosurgery-Hemostats and Sealants, Q318 Market Recaps

Top Trends in the Hemostats and Sealants Market

Posted 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

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Topics: Biosurgery-Hemostats and Sealants

SmartTRAK Attending Clinical Congress 2018 - American College of Surgeons

Posted 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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Topics: SmartTRAK Conferences

Q218 US Surgical Matrices Market Recap

Posted 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:

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Topics: Advanced Wound Care-Surgical Matrices

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