The US market for Hemostats and Sealants recovered in Q417, up +5.0% YoY, in line with historic growth rates. While biologic sealants continue to lag, every other segment grew, led by absorbable hemostats and fibrin sealants.

SmartTRAK, the leading source of competitive life sciences intelligence used by the top ten global orthopedic & wound care companies, has published its 2017 Hemostats & Sealants Market Recap and Financial Dashboard.

As reported in SmartTRAK’s Financial Dashboard, almost every manufacturer competing in the Hemostats and Sealants market saw revenue growth in Q417/FY17, led by Baxter, Ethicon and Cryolife in Q417 and by Baxter and Integra for FY17 ...

EWMA 2017, held in Amsterdam,  provided a unique and interesting look at the European Advanced Wound Care market - showcasing products approved for the European market but not yet launched in the US. Europe has always been a breeding ground for innovative medical devices, and has long served as a gateway for companies looking to bring new devices to the US. While some of these companies have no desire to enter the US market, many look to the US market with high expectations. It is the largest medical device market in the world, with one language and one regulatory and reimbursement system, and is much less complicated than the European market where distribution partnerships and regulatory approvals are sometimes needed for each country.

Q317 Infection Prevention: Vascular Access Adjunct Products 

A slowdown in growth for another quarter.

By Susan Paquette, VP Wound

For Q317, according to BioMedGPS’ SmartTRAK Financial Dashboard, the US Infection Prevention - Vascular Access Adjunct Products market reached new market revenue heights in dollars and growth.

Q317 US Surgical Matrices Market: Strong Growth Continues in Breast Matrices 

The US Surgical Matrices Market saw growth in Q317 as sales of allografts fueled double-digit growth in breast matrices and biosynthetics offset declines in biologics in hernia repair.

By Doug Devens, Senior Analyst Biosurgery

The US Surgical Matrices market, consisting of hernia repair and breast reconstruction products, continued uneven growth in Q317.  Allergan continued to capture share in the overall market, using its growth in allografts to increase its share.

Q317 Market Recap Advanced Wound Care 

Biologics and single-use NPWT devices’ strong growth helps boost sluggish advanced dressing performance.

By Susan Paquette, VP Wound and
Lennart Stadler, Senior Analyst Wound

For Q317, according to BioMedGPS’ SmartTRAK Financial Dashboard, WW Advanced Wound Care (AWC) revenues for Advanced Dressings, External Devices and Biologics grew in spite of a weak performance with market leaders.

Q317 Market Recap Biosurgery Hemostats & Sealants: Supply Chain Disruptions 

By Doug Devens, Senior Analyst Biosurgery

Surprisingly, the US market for Hemostats and Sealants was down vs Q217 and YoY, an anomaly from historic growth rates, primarily due to supply chain disruptions and softness in the thrombin hemostat segment.

SmartTRAK is excited to attend Desert Foot 2017 on Nov-29 through Dec-2, 2017  at the Grand Sheraton, Phoenix AZ. Desert Foot is the Annual Multi-Disciplinary Diabetic Limb Salvage Conference which honors our Federal Services Healthcare Professionals.

SmartTRAK is excited to be attending the ACS Clinical Congress 2017 on Oct 22-26, 2017 at the San Diego Convention Center in San Diego, California.

The hallmarks of the Clinical Congress are a broad range of outstanding hands-on and didactic learning opportunities and timely discourse on the most relevant surgical practices and research, along with unparalleled access to peers.

Please look for SmartTRAK's Susan Paquette, MS, MBA, Vice President and General Manager, Wound; Doug Devens, Senior Analyst, Biosurgery; Geoffrey Brown, Director Corporate Accounts, Wound Care. Contact Us for a meeting!

SmartTRAK had a great show at #SAWC2017! A few snaps from the show below and lots of great connections made by Lennart Stadler, Senior Analyst, Wound Care and Geoff Brown, Director Corporate Accounts, Wound Care. If you didn't get a chance to meet with them at the show, please don't hesitate to reach out!

And SmartTRAK's launch of new module Advanced China Dressings #woundcare was really well received. For a preview sample of the China Dressings module, click below.

BioMedGPS announces expanded coverage of SmartTRAK Business Intelligence for Advanced Wound Care with the addition of its newest module, China Advanced Wound Dressings.