Similar to market dynamics in recon robotics, spine robotics are beginning to reach a tipping point in market acceptance. In its Q320 earnings call, CEO Dave Demski noted that Globus Medical* is seeing increasing interest in its Excelsius GPS* robot and that the Company is in a different part of the robotic adoption curve, with surgeons well beyond their initial skepticism as robots have become more mainstream. Globus and Medtronic* have the strongest positions in enabling technology and robotics in spine. However, competition will be heating up over the next several years.
Among the many topics, including company revenues, shares, charts and expert analysis, covered in the comprehensive Q320 CAS Spine Market Recap* are:
- Complete Q320 CAS Spine Market Highlights
- Market Leaders Expanding Enabling Technology Capabilities
- Other Market Entrants Getting Closer
- 7D Surgical Navigation Expanding International Footprint
- Surgalign Entering the CAS Spine Space with Augmented Reality and Artificial Intelligence
- Imaging Analytics, PSI and Digital Health Highlights
- Q320 Regulatory Highlights
While traditional product development and commercial execution are currently key to taking spine market share in the near- and medium-term, enabling technology in spine is likely to be a part of every manufacturer’s mid/long-term plans. Market leader Medtronic’s enabling technology is positioned to help drive growth for the Company going forward and implant pull-through from Mazor X* may help offset spine market weakness resulting from COVID-19. In its Q2FY21 earnings call, Medtronic noted that despite large capital equipment purchasing pressure, the Company estimates it sold ...
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