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SmartTRAK Life Sciences News and Analysis Blog

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Soft Tissue Fixation Weathered the COVID Storm: Q4/FY20 STF Market Recap

3/25/21 9:45 AM

STF Q420 Header v2Despite a spike in COVID cases, Soft Tissue Fixation was resilient and managed to ride out the COVID storm in Q420

While Q4 brought another surge of COVID cases worldwide, Soft Tissue Fixation was able to weather the storm with more resilience, resulting in YoY revenue declines but sequential revenue volume improvement over Q3.

Q4 saw an increase from the previous quarter and saw numbers that closely matched the same period in 2019. According to SmartTRAK Financial Dashboard, worldwide in Q4, the Soft Tissue Fixation market was down -1.7% YoY. At the regional level, US Soft Tissue Fixation ended Q4 near even from the previous year, down -0.2%. The EU and ROW finished Q4 with declines of -2.9% and -2.8% YoY respectively.

Among the many topics covered in the comprehensive Q420/FY20 Soft Tissue Fixation Market Recap* are:

  • Complete Market Overview
  • Knee Replacement Market Overview and Highlights
  • Top Competitor Results
  • Q420 Market Events and Highlights
  • Q420 Clinical and Regulatory Events and Highlights

In the US, there were a couple of factors that helped soften the blow caused by COVID. First was that not all areas of the country were affected by the postponement of elective procedures during the quarter which facilitated the ...

Read the entire Q420/FY20 Soft Tissue Fixation Market Recap including news, data, charts, company revenues, shares and analysis*

*The entire article and the links can only be viewed by SmartTRAK subscribers to this module. For more information on how to receive a demo and subscribe, please click the button below.

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SmartTRAK is a comprehensive, easy-to-use, business intelligence solution that networks an entire organization with real-time market data and analysis. Used by the 15 top Advanced Wound Care companies and 8 of the 10 top Orthopedic companies, SmartTRAK transforms the delivery of healthcare business information into a cost-effective solution for life science corporations to increase proficiency, improve productivity and reduce cost.

Andy Knapik
Written by Andy Knapik

Sr. Analyst, Soft Tissue & Arthroscopic Technologies - 20 years’ experience in US and International sales and marketing for the orthopedics and sports medicine markets, including 12 years at Smith & Nephew.

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