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The US Total Joints Market, which comprises approximately 55% of the global market, experienced stronger growth YoY, up+1.6% for Q119 compared to -0.8% in Q118, according to SmartTRAK Financial Dashboard. Growth also increased sequentially from Q418’s 1.5%.
The market benefited from easier comps against Q118’s nasty flu season which prompted hospitals across the US to postpone surgeries. But SmartTRAK does not believe the bump in growth in the face of easy comps signals a strengthening recon market. Looking back on a 2-yr basis, the market appears to have decelerated 50 bps which suggests an accompanying slow down in the number of procedures taking place early in the year. Wells Fargo’s Larry Biegelsen speculates that...
Among the many topics covered in the Q119 Total Joints Market Recap are:
Outside of the “Big Four”, DJO’s US knee growth of 32.0% and US Hip growth of 18.0%, as reported by SmartTRAK Financial Dashboard, in the face of its acquisition by Colfax Corporation is noteworthy. Colfax, a diversified technology corporation, completed the acquisition of DJO Global from Blackstone in February. With its new parent company focusing on operational improvement and growth acceleration, expect to see continued strong growth from DJO. With its new parent company focusing on operational improvement and growth acceleration, expect to see continued strong growth from DJO...
Read the entire Q119 Total Joints Market Recap including news, data, company revenues and analysis*...
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