Key Developments
Key players in the market are focused on expanding the customer base to enhance their market share. For instance, in March 2019, Smart Medical Devices, Inc.’s SMARTdrill 6.0, a surgical drill that curtails drill and screw plunge and accurately measures depth, torque and energy in real time, was listed with the U.S. FDA and was made available in the U.S. for orthopedic surgical applications.
Major market players are also focused on product launch to expand their product portfolio. For instance, in August 2019, Portescap released a novel portfolio of standard prototype motors for surgical applications such as powered staplers, large and small bone orthopedic tools, arthroscopic shavers, ENT microdebriders, and high speed neuro drill applications.
Similarly, in August 2019, Portescap released three new surgical motors for small bone orthopedic applications.
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