Smith & Nephew plc develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally. It operates in three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. Its products include knee and hip implants, trauma and extremities devices, sports medicine joint repair products, arthroscopic enabling technologies, ear, nose, and throat solutions, and advanced wound care products and devices. The company serves healthcare providers and was founded in 1856, with headquarters in Watford, the United Kingdom.
Smith+Nephew Launches EVOS PELVIC Plating System for Pelvic and Acetabular Fractures
Smith+Nephew has launched the EVOS PELVIC Plating System, expanding its EVOS trauma platform into pelvic and acetabular fracture management. The system is designed to address a broad range of pelvic and acetabular fracture patterns, with pre-contoured options for the posterior wall, quadrilateral surface and pubic symphysis, along with locking and non-locking utility plates, and a dedicated cannulated screw platform and specialized instruments for fracture exposure, reduction and implant placement. The company said the integrated design allows surgeons to obtain and fine-tune fracture reduction before maintaining fixation through the healing process, which it believes could make complex pelvic procedures more efficient and reproducible. The EVOS PELVIC System is currently available in the United States, while timing and availability in other markets will vary. According to Data Insights Reports, the global pelvic trauma management market was valued at $2.81 billion in 2025 and is projected to reach $4.79 billion by 2034, expanding at a 6.1% CAGR. Smith+Nephew, which has a market capitalization of $11.37 billion, in August announced the launch of the FLOW FLEXTEND COBLATION Wand, a new RF resection technology for complex hip procedures.
Smith+Nephew launches EVOS PELVIC Plating System for pelvic and acetabular fractures
Smith+Nephew has launched the EVOS PELVIC Plating System, the newest addition to its EVOS plating platform, designed for pelvic and acetabular fracture management. The all-in-one system combines pre-contoured plates for the posterior wall, quadrilateral surface and pubic symphysis, locking and non-locking utility plates, a new cannulated screw system built specifically for the pelvis and acetabulum, and specialized instrumentation to support exposure, fracture reduction and implant placement. Nate Folkert, President of Smith+Nephew Orthopaedics, called the launch an important milestone in the continued expansion of the EVOS Plate portfolio, while John Rawlinson, Senior Director of Global Marketing, said the brand reflects the company's mission to drive the Evolution of Osteosynthesis. Design surgeon Dr. Reza Firoozabadi of the University of Washington and Harborview Medical Center said the system was built to address the full spectrum of injuries, from straightforward to the most complex pelvic ring and acetabular fractures, including elderly patients with compromised bone quality. The EVOS PELVIC System is currently available in the United States, with availability and launch timing in other markets varying, and will be previewed at Smith+Nephew's booth #301 during the 2026 Orthopaedic Trauma Association Annual Meeting in Nashville, Tennessee from September 23 to 26.
Aging Population › Medical Devices for the Aging Body Technology
SN.LSE · Technology · Positive Smith+Nephew launched the new EVOS PELVIC Plating System, expanding its EVOS plating platform for pelvic and acetabular fractures.
Smith & Nephew Prices $878.90 Tender Price for Up to $250M of 2030 Notes
Smith & Nephew priced its cash tender offer for up to $250 million of its outstanding 2.032% senior notes due 2030. The company will pay $878.90 per $1,000 of notes accepted, excluding accrued interest, based on a 55-basis-point spread over the reference Treasury yield. The notes have $900 million in aggregate principal amount outstanding, so the $250 million maximum represents a portion of the total issue. If tenders exceed the $250 million maximum, the company will accept notes on a prorated basis. Settlement is expected on September 18.
SN.LSE · Capital · Neutral Smith & Nephew prices a cash tender offer for up to $250M of its 2.032% 2030 notes at $878.90 per $1,000, a debt-management/liability action.
Smith+Nephew announced that Chief Financial Officer John Rogers will leave the company on September 30 to take up an external position in the U.S. Rogers will step down from the board immediately, and the company has begun a search for his successor. Pierre Palassian, senior vice president of finance and group controller, will serve as interim CFO until a permanent successor is appointed. Palassian joined Smith+Nephew in 2017 after senior finance roles at AbbVie and Abbott Laboratories and has more than two decades of finance leadership experience.
Smith & Nephew reports Q2 GAAP EPS of $0.36, revenue of $1.6B
Smith & Nephew reported second-quarter GAAP earnings per share of $0.36 on revenue of $1.6 billion, up 3.2% year-over-year. Trading profit for the first half reached $566 million, an 8.10% increase year-over-year, expanding the trading profit margin by 60 basis points to 18.30%. Cash generated from operations reached $605 million.
Smith & Nephew Lowers 2026 Revenue Outlook to Around 4% but Maintains Profit Guidance
Smith & Nephew lowered its full-year 2026 underlying revenue growth outlook to around 4% from previous expectations, citing softness in U.S. Orthopaedics and Advanced Wound Bioactives, while maintaining its trading profit, free cash flow, and return on invested capital guidance. Second-quarter underlying revenue grew 1.6%, with Sports Medicine & ENT up 8.6% but U.S. Orthopaedics down 1% and Advanced Wound Bioactives down 12.7%. Trading profit for the first half reached $566 million, supported by $128 million in efficiency savings and tariff refunds, and the company raised its full-year efficiency savings target to $200 million from $150 million. Adjusted earnings per share grew by 11% to $0.477. Management expects second-half revenue growth of 5% to 5.5%, driven by the launch of the LANDMARK knee system, stabilization in skin substitutes, and continued momentum in Sports Medicine.
SN.LSE · Demand · Negative Company lowers 2026 revenue outlook due to softness in U.S. Orthopaedics and Advanced Wound Bioactives, with Q2 underlying revenue growth only 1.6%.
Smith+Nephew's TESSA Spatial Surgery System wins FDA De Novo clearance
Smith+Nephew has received De Novo classification from the U.S. Food and Drug Administration for its TESSA Spatial Surgery System, a first-of-its-kind device in a new FDA category for intra-articular orthopedic stereotaxic navigation instruments. The system uses preoperative MR or CT scans with cloud-based deep-learning algorithms on Amazon Web Services and NVIDIA AI infrastructure to generate patient-specific 3D anatomical models, overlaying them onto live 4K arthroscopic video for real-time navigation. Its first indication is femoral anterior cruciate ligament reconstruction surgery of the knee, where femoral malposition at 29% and tibial malposition at 11% are among the most common reasons for ACLR failure. The TESSA System will be commercially introduced during Q3 2026 with increased deployment in 2027. The technology was originally developed by Perceive3D S.A., a University of Coimbra spin-off acquired by Smith+Nephew.
Smith+Nephew Expands ASC Platform to Support Value-Based Care
Smith+Nephew has unveiled an expanded ASC Solutions strategy aimed at helping ambulatory surgery centers improve operational efficiency and deliver better patient outcomes. The enhanced enterprise approach combines the company's procedural technologies, data-driven insights, and a strategic partner network that includes STERIS, Unity Health Centers, Brasfield & Gorrie, Ghafari, and Hopper Healthcare. A key component is the broader rollout of the ASC ONE delivery model, an integrated platform that provides coordinated support across development planning, facility design, financing, and clinical enablement. The move targets the fast-growing outpatient care market, which Grand View Research projects will grow from $160.7 billion in 2026 to $205.5 billion by 2030. Smith+Nephew currently has a market capitalization of $12.76 billion.
Surgical Robots Market to Reach USD 27.14 Billion by 2030, Growing at 14.7% CAGR
The global surgical robots market is projected to grow from USD 13.69 billion in 2025 to USD 27.14 billion by 2030, at a compound annual growth rate of 14.7%, according to a new report by MarketsandMarkets. Growth is driven by increasing demand for minimally invasive surgeries, rising surgical volumes linked to chronic diseases and an aging population, and advances in robotic platforms, 3D visualization, AI-assisted navigation, and surgical instrumentation. Instruments and accessories represent the largest offering segment, general surgery is the largest application segment, and hospitals and clinics are the largest end-user segment. Asia Pacific is expected to be the fastest-growing regional market, with key players including Intuitive Surgical, Stryker Corporation, Medtronic, Smith+Nephew, and Zimmer Biomet.
Robotics & Physical AI › Surgical & Medical Robotics ▲Demand
Aging Population › Medical Devices for the Aging Body ▲Demand
ISRG · Demand · Positive Market growth forecast driven by rising demand for minimally invasive surgeries and robotic platforms, directly benefiting Intuitive Surgical as a key player.
MDT · Demand · Positive Market growth forecast includes Medtronic as a key player, indicating increased demand for its surgical robotics offerings.
SYK · Demand · Positive Market growth forecast includes Stryker as a key player, implying rising demand for its surgical robots.
SN.LSE · Demand · Positive Market growth forecast includes Smith+Nephew as a key player, indicating favorable demand trends for its surgical robotics.
ZBH · Demand · Positive Market growth forecast includes Zimmer Biomet as a key player, suggesting increased demand for its surgical robotics products.
Biomaterial Wound Dressing Market to Reach $8.62 Billion by 2030
The global biomaterial wound dressing market is projected to grow from $6.18 billion in 2025 to $8.62 billion by 2030, according to a new report from ResearchAndMarkets.com. The market is expected to reach $6.65 billion in 2026, reflecting a compound annual growth rate of 7.6% from 2025. Growth is driven by an increase in surgical procedures, rising chronic wounds, and adoption of advanced dressing technologies. North America was the largest market in 2025, while Asia-Pacific is expected to lead future growth. Key players include Johnson & Johnson, The 3M Company, Medline Industries, and Smith & Nephew.
New German expert consensus provides first risk-based recommendations for sNPWT use in closed surgical incisions
A new interdisciplinary expert consensus published in Die Chirurgie provides the first risk-based recommendations in Germany for the use of single-use negative pressure wound therapy in closed surgical incisions. The guidance, developed independently by clinicians and supported by Smith+Nephew, identifies sNPWT as a targeted preventive option for patients at increased risk of postoperative wound complications, including those with obesity, diabetes mellitus, smoking, or procedure-related factors such as prolonged surgical duration or revision surgery. It recommends sNPWT for wounds with an anticipated exudate volume of up to 300 ml per week and highlights the importance of structured preventative strategies to reduce complications like prolonged wound drainage and seroma formation. The consensus also references the PICO 7 sNPWT system, noting its canister-free, portable design and features such as a dressing change indicator and visual leak detection that support integration into clinical pathways.