Exactech announces first successful 3D-printed tibial implant ankle replacement [Yahoo! Finance]
Smith & Nephew SNATS, Inc. (SNN)
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Source: Yahoo! Finance
This milestone is expected to provide a boost to sales in the total ankle replacement market, a market that was worth $326.4m in 2023 and is projected to reach $620.5m in 2033, with a compound annual growth rate (CAGR) of 6.3%, according to GlobalData, a leading data and analytics company. The benefit of these 3D-printed ankle implants, like all 3D-printed orthopaedic implants, is the ability to custom-made implants, producing a much simpler operation on the part of the surgeon. Additionally, this results in quicker recovery times, improved range of movement, and better osseointegration where the body integrates with the implant. While Exactech is not the first 3D-printed implant on the market, this can certainly aid in competing with the other medical device giants that operate in ankle replacements. The news of a successful Vantage 3D implant surgery is sure to show Exactech in a positive light and as the demand for ankle replacements is growing rapidly, moves such as this can cer
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SNN
Sec Filings
- 11/12/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/1/24 - Form 6-K
- SNN's page on the SEC website