Financial PerformanceSmith & Nephew released a disappointing Q3 trading report, with growth in the US Orthopaedics business still lagging peers and headwinds in China leading to guidance downgrades.
Market PerformanceThe slow pace of recovery in the US Hip and Knee businesses remains well below the market growth rate, indicating doubts that the company will narrow the gap with peers in the next 12 months.
Market ShareThe US Large Joint segment remains a core hurdle, with the company still losing market share.