Frost and Sullivan Best Practices Award for OrthoPilot®
“European Image Guided Surgery Vertical Market Penetration Leadership Award”
The OrthoPilot® Navigation system has won the “Best Practices Award 2010” handed by the worldwide accepted and operating market research company Frost & Sullivan. The award has been rendered within the Growth Excellence Award Banquet on 18th May in London.
OrthoPilot® has won in the category “European Image Guided Surgery Vertical Market Penetration Leadership Award”. This Award recognizes how fast a company increases its vertical penetration of a market, in terms of revenues of units as specified.
Aesculap’s Performance in the Image Guided Surgery Market for Orthopaedic Applications
On the occasion of the awarding Frost & Sullivan stated:
“Aesculap’s market share within the image guided surgery market for orthopaedic applications has increased significantly during the past couple of years. While the company held about 20 per cent of the image guided surgery market for orthopaedic applications in 2006, its market share in 2008 is estimated to be 27.5 per cent; This represents a 37.5 per cent growth in market share within two years. Just two years back, Aesculap was the third largest company in this field in terms of market share, whereas today, it is ranked second. In addition, the number of procedures in which Aesculap’s OrthoPilot navigation system is used, including total hip and knee arthroplasty, anterior cruciate ligament and high tibial osteotomy, also increased during this period. Moreover, when ranking the competitors by installed base in 2008, Frost & Sullivan found that Aesculap is perceived to have the largest installed base of image guided surgery systems for orthopaedics in Western Europe.”