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Anika Announces First Surgeries Performed Using the New RevoMotion™ Reverse Shoulder Arthroplasty System and Commences Limited Market Release in the United States
RevoMotion significantly expands Anika’s shoulder arthroplasty portfolio and provides a new solution in the over $800 million U.S. reverse shoulder market
About this update from Anika Therapeutics Inc.
[{"type":"text","content":"RevoMotion significantly expands Anika’s shoulder arthroplasty portfolio and provides a new solution in the over $800 million U.S. reverse shoulder market RevoMotion offers the industry’s smallest diameter threaded glenoid baseplate which preserves bone and enhances intraoperative flexibility The system’s two streamlined instrument trays are designed to drive efficiencies, reduce OR complexity, and simplify the procedure in both the hospital and ASC BEDFORD, Mass., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Anika Therapeutics, Inc. (NASDAQ: ANIK), a global joint preservation company focused on early intervention orthopedics, today announced that it has commenced the limited market release of its new RevoMotion Reverse Shoulder Arthroplasty (RSA) System, with the first surgeries performed in the United States. The launch of the RevoMotion RSA System marks Anika’s entrance into the over $800 million U.S. reverse shoulder market, which is the fastest growing segment in shoulder arthroplasty, projected to grow at an 11% CAGR through 20261. With the launch of RevoMotion, surgeons can now address the full spectrum of shoulder arthroplasty procedures with Anika’s differentiated bone and motion preserving products. Current industry estimates are that there will be 200,000 shoulder arthroplasty procedures performed in the U.S in 2023 2. Key benefits of RevoMotion include: Industry’s smallest diameter threaded glenoid baseplate: RevoMotion features the industry’s smallest diameter threaded baseplate3, which preserves bone and provides flexibility in positioning, all while achieving substantial fixation via a central compression screw.Simplified component insertion: RevoMotion’s baseplate and glenosphere designs offer unique insertion methods, allowing the surgeon to slide the components on anteriorly with a positive lock, simplifying the surgical technique and overcoming challenges of other reverse systems.Bone preservation and patient personalization: The system includes bone preserving glenoid and humeral designs intended to provide patient personalization via numerous humeral tray offerings which match the native anatomy, similar to other implant system designs in Anika’s Arthrosurface Joint Solutions portfolio including the flagship OVOMotion® with Inlay Glenoid Total Shoulder Arthroplasty System.Enhanced efficiency for surgeons and facilities...