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SmartTRAK Life Sciences News and Analysis Blog

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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