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SmartTRAK Life Sciences News and Analysis Blog

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Double Whammy Impacts Strong Start: Q120 Computer Assisted Surgery Spine Mkt

7/22/20 9:31 AM

Strong start in Q120 was negatively impacted by the double whammy of postponed elective procedures and lag in capital equipment purchases as the result of the COVID-19 pandemic.

While adoption of robotics and other enabling technologies was gaining significant momentum quarter over quarter through year-end 2019, delays in elective spine surgery due to the COVID-19 pandemic resulted in declines in capital equipment sales and fewer computer-assisted spine surgeries in Q120. However, these declines are expected to be temporary and improve as surgeries rebound through the end of the year and into 2021.

Among the many topics covered in the comprehensive Q120 CAS Spine Market Recap* are:

  • Q120 CAS Spine Market Highlights
  • Companies Adapt and Advance Despite COVID-19
  • Smaller Companies Pursue Strategic Alliances
  • Q120 Regulatory Highlights
Medtronic’s* (MDT) Q4FY20 Spine revenue combined with enabling tech declined -33.7% due to the impact of hospitals and surgery centers delaying their capital evaluations and purchases due to the pandemic. MDT's Q4FY20 Neurosurgery revenue was also down due to the delay of capital equipment purchases, but according to the Company, reflected relative strength of powered surgical instruments and StealthStation sales. In terms of its soft-tissue robot, MDT noted that preclinical testing has been delayed due to engineers working remotely ...


Read the entire Q120 CAS Spine Market Recap including news, data, charts, company revenues and analysis*...

*The entire article and the links can only be viewed by SmartTRAK subscribers to this module. For more information on how to receive a demo and subscribe, please click the button below.

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Topics: Orthopedics

Elise Wolf
Written by Elise Wolf

Elise Wolf has Bachelor’s and Master’s degrees in Bioengineering from Northwestern University and the University of Pittsburgh. After graduation, Elise designed biologically-inspired autonomous robots for the Department of Defense at K2T, a spin-off of Carnegie Mellon University. She also has 15+ years of experience in the medical device industry in product development, marketing and business development in emerging medical device technologies and orthopedics prior to joining BioMedGPS. Elise has worked for BioMedGPS since 2010 as an Analyst covering Orthopedics and is currently the General Manager of SmartTRAK’s Computer-Assisted Surgery business.

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