Enabling tech continued to assist above-market growth in Q221 with continued demand for spine robotics and navigation systems. New developments in augmented reality, artificial intelligence and smart instruments continue to push the envelope in the spine space.
The WW Spine CAS market, the US Spine Robotics market and the US Spine Navigation market were all up significantly in Q221 according to SmartTRAK Financial Dashboard. Medtronic* (MDT) remained the market leader with > 50% share, followed by Globus* (GMED) and other enabling tech competitors including Brainlab*, DePuy Synthes* (JNJ) and Stryker* (SYK). For detailed Q221 revenues and shares by company in the US, EU and ROW, see the SmartTRAK CAS Spine Financial Dashboard*.
Among the many topics, including company revenues, market shares, charts and expert analysis, covered in the comprehensive Q221 CAS Spine Market Recap* are:
- Complete Q221 CAS Spine Market Highlights
- Continuing Developments From a Range of Competitors in Spine Robotics are Heating Up
- Important Robotic Developments
- Significant Progress Continues with Enabling Tech Acquisitions
- Key Highlights in Augmented Reality
- Intraoperative Surgical Planning & Navigation Highlights
As the question from surgeons’ changes from “Why do I need enabling technology?” to “How will this improve the clinical outcomes for my patients?” the spine space is getting ever closer to the precipice of an inflection point in adoption. For example, GMED’s management noted that surgeons are increasingly looking at ...
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