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SmartTRAK Life Sciences News and Analysis Blog

2 min read

BioMedGPS Announces Expanded European Market Coverage with EU Trauma and Extremities

By Lisa Mahan on 9/11/17 6:00 PM

Irvine, CA (PRWEB) September 12, 2017 

BioMedGPS, the leading provider of real-time analytics and strategic intelligence of the orthopedic/spine, wound care, regenerative medicine and neuro therapies markets, announces expanded coverage of SmartTRAK Business Intelligence for the European market with the addition of modules in SmartTRAK EU Extremities and EU Trauma.

Topics: Orthopedics
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1 min read

SmartTRAK Attending #AVA2017 Association for Vascular Access

By Rebecca Gonzalez on 9/11/17 2:06 PM

SmartTRAK will be at this year's #AVA2017 Association for Vascular Access 2017 Annual Scientific Meeting in Phoenix, Arizona. This year's conference promises to be invaluable for industry learnings and networking. Susan Paquette, VP & General Manager SmartTRAK Wound, will also be in attendance, covering the latest research and technologies and participating in this year's informative agenda.

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1 min read

Bioventus CEO cites SmartTRAK HA Market Stats in Durolane Approval

By Rebecca Gonzalez on 9/10/17 9:00 AM

Durham-based Bioventus has received approval from the U.S. Food and Drug Administration for its treatment, Durolane.

The single-injection product treats knee osteoarthritis pain. The company plans to launch Durolane in the U.S. early next year.

Citing BioMedGPS SmartTRAK, Bioventus CEO Tony Bihl said in an email that “the 2016 entire HA market in the US (1-shot, 2-shot, 3-shot and 5-shot) was about $979 million.”

Topics: Orthopedics
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1 min read

Key Studies, Trends and Technologies in Neuromodulation

By Anne Staylor on 9/7/17 11:35 AM

International Neuromodulation Society (INS) President Tim Deer, MD discusses important research results as well as key trends and technologies in neuromodulation.

Timothy Deer, MD, FIPP, President of the International Neuromodulation Society (INS),  at the INS 13th Annual Congress May 26-June 3 highlighted key studies, trends and technologies in neuromodulation in an interview with SmartTRAK in Edinburgh, Scotland...

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2 min read

India's Cap on Knee implant Pricing May Slow Revenue Growth

By Lisa Mahan on 9/5/17 11:41 AM

Max Retail Pricing for Knees in India Dropping up to 78%

The Indian Government enacted price controls for knee implants capping the price significantly below current market rates. According to a report in  IndiaToday , the move is the latest step in the government’s move to bring down the cost of medical devices and pharmaceuticals. The price controls for knee replacement implants caps the price of CoCr knees at ~$852 (54,720 rupees). Ananth Kumar, Minister of Chemicals and Fertilisers, stated current implants are priced at up to ~$3,895 (250K rupees) at Indian hospitals...

Topics: Orthopedics
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2 min read

OrthoBio Market: SmartTRAK Predicts strong Growth Ahead

By Sharon O'Reilly on 8/24/17 6:50 PM

Robust growth is predicted for the US OrthoBio market, driving revenues to over $4B by 2021E according to SmartTRAK projections.

  • Bone Replacement remains the largest segment of the US
  • Bone Replacement remains the largest segment of the US OrthoBio market, accounting for over 50% of total 2016 revenues, followed by Joint Fluid at nearly 30% based on 2016 SmartTRAK Financial Dashboard results.  Next in line are Knee Ligament Grafts, Cartilage, Soft Tissue and Meniscus replacement which account for the remainder...
Topics: Orthopedics
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1 min read

Tyler Trapani on Why SmartTRAK is an Essential Business Tool

By Susan Paquette on 8/18/17 11:54 AM

SmartTRAK Customer Testimonial

SmartTRAK customer Tyler Trapani,  Product Manager, tells why SmartTRAK is an essential tool that keeps him up-to-date on  market trends and competitors.

Tyler Trapani Video Testimonial

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1 min read

Advanced Wound Care Team Welcomes new Biosurgery Analyst

By Susan Paquette on 7/31/17 9:34 AM

Doug Devens has joined SmartTRAK to cover new Hemostats & Sealants area including Surgical Matrices

SmartTRAK is happy to introduce you to the newest member of the SmartTRAK team, Doug Devens, PhD. Doug will be heading up our Biosurgery efforts, including our newest segment in Advanced Wound Care, Hemostats and Sealants; and Surgical Matrices – both Hernia and Breast. The new Hemostats & Sealants area covers over 27 companies and 55 products on a global basis, with several currently in development.

Doug Devens
Advanced Wound Care Analyst, Biosurgery

Topics: Wound Care
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1 min read

See SmartTRAK 2.0 New Features: View Recorded Webinar

By Sharon O'Reilly on 7/25/17 11:14 AM

We have just launched SmartTRAK 2.0, the premier Business Intelligence Data Platform in the Orthopedics, Wound Care and Neuro Therapies spaces.

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1 min read

Innovation and Clinical Outcomes Shaping the Future of Hernia Repair

By Susan Paquette on 7/17/17 5:47 PM

Continued Shift from Biologic to Synthetic Mesh

Innovation and clinical outcomes are shaping the future of the US ventral hernia market. Over the next several years, the market will see a continued shift from biologic mesh to synthetic mesh, growth in robotic hernia repairs, and an increased focus on clinical efficacy and economic outcomes data that will drive product adoption and impact market shares, particularly in the biosynthetic segment.

Topics: Wound Care
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