SMARTTRAK UNVEILS NEXT-GENERATION DATA ANALYTICS TOOLS FOR ORTHOPEDICS AND NEURO THERAPIES

SmartTRAK's new global procedure and brand share analytics tools for the hip and knee markets transform MedTech market intelligence with faster, smarter insights

IRVINE, Calif., Feb. 13, 2025 /PRNewswire/ -- SmartTRAK, the leading MedTech market intelligence platform in Orthopedics, Wound Care, Regenerative Medicine, and Neuro Therapies, is revolutionizing strategic decision-making with the launch of new US and global procedure tools, brand share analytics and price estimation tools. Designed to save time and reduce reliance on costly, complex datasets, these tools deliver unparalleled speed and depth of market insights for MedTech companies.

Empowering the Hip and Knee Markets with SmartTRAK's Brand Tracker

Now available for the hip and knee markets, SmartTRAK's Brand Tracker offers a powerful suite of analytics tools, including dynamic charts, growth analyses and detailed breakdowns of product and company brand share. Updated quarterly, Brand Tracker highlights five years of trends covering product mix, average price and market share by facility type. Upcoming expansions will include Interventional Spine and other orthopedic markets in the coming year.

Global Reach with OUS Procedure Tracker

For customers operating internationally, SmartTRAK introduces the OUS Procedure Tracker powered by Quomeda, featuring curated insights into hip and knee procedure volumes across Europe, Latin America and Asia-Pacific from 2018 and projected to 2026E. With additional markets—such as foot and ankle, spine, knee soft tissue fixation and neuro-mechanical thrombectomy—launching soon, this tool ensures clients can navigate geographic-specific demands effortlessly. For more specific geographic insights, SmartTRAK experts can collaborate with customers to develop tailored reports.

Real-Time Insights with US Procedure Tracker

Launching this spring for the knee and hip markets, the US Procedure Tracker powered by STATinMED promises lightning-fast access to quarterly and annual procedure insights. Covering 87% of Commercial, 90% Medicare Fee-for-Service, Medicare Advantage and Medicaid claims across all 50 states, this tool identifies trends by demographics, region, segment, and site of care. Future updates in 2025 will expand to include the shoulder, foot and ankle, spine markets and beyond.

Expert Insights at Your Fingertips

"SmartTRAK is redefining what's possible for MedTech companies seeking fast, actionable market intelligence," said Elise Wolf, Orthopedics VP/GM at SmartTRAK. "Our tools combine cutting-edge data with the human touch, offering customers direct access to our expert analysts. In addition to launching our new data portfolio we're excited to expand our ASC Insights solution to incorporate more in-depth procedure and real-estate analytics for the growing ASC market and to roll out enhanced content for enabling technologies, spine and more. It's going to be a transformative year for orthopedics!"

With these latest innovations, SmartTRAK continues to lead the MedTech industry into a smarter, more data-driven future.

SmartTRAK will be rolling out its data solutions portfolio at the upcoming AAOS 2025 Annual Meeting in San Diego, CA. Meeting attendees can visit Booth #2710 in the Exhibit Hall March 11-13. The company will also be a featured sponsor of the AAOS OrthoPitch competition on Tuesday, March 11.

About SmartTRAK
SmartTRAK is the MedTech industry's leading global Insights-as-a-Service solution, catering to Orthopedics, Wound Care, Regenerative Medicine, and Neuro Therapy markets. By leveraging the expertise of industry professionals and a proprietary methodology, SmartTRAK transforms complex data from hundreds of sources into actionable insights on one comprehensive platform. Trusted by companies worldwide, SmartTRAK empowers strategic decision-making with unmatched accuracy and depth. With direct access to expert analysts for inquiries and advisory services, SmartTRAK goes beyond data—delivering expertise when you need it most. Discover how SmartTRAK can revolutionize your market intelligence needs at SmartTRAK.com and connect with us on LinkedIn.

SOURCE SmartTRAK