The orthopedic arena in general, and spine surgery in particular, are major areas of continued opportunity in the medical technology industry
Foothill Ranch, CA (PRWEB) March 14, 2008
The practice of spine surgery has until recently been characterized by a dominance of spine fusion procedures, but due to the shortcomings of the technologies in terms of invasiveness and less than ideal clinical outcomes, new technologies encompassing dynamic stabilization, disc replacement and the use of other products like interspinous processors and orthopedic biomaterials are displacing caseload in spine fusion. The global market for spine surgery will therefore continue to be characterized by changing caseload, introduction of new technologies and, most importantly, solid market growth -- in double digit terms -- for at least ten years. The worldwide spine surgery market is detailed in a new report from MedMarket Diligence, described here.
"The orthopedic arena in general, and spine surgery in particular, are major areas of continued opportunity in the medical technology industry," says Patrick Driscoll, President of MedMarket Diligence, LLC. "Since the spine serves such a structural function for the body, device technologies are exceptional in solving structural problems like degenerative disc disease, spinal trauma and other mechanical disorders of the spine, and as the population swells in the over 65 bracket, the demand keeps increasing --- the number of new spine surgery companies founded in the last two years is testimony enough to the potential in this market."
The MedMarket Diligence report #M510 is a detailed market and technology assessment and forecast of the products and technologies in the management of diseases and disorders of the spine. The report describes diseases and disorders of the spine, encompassing congenital disorders, inflammatory and infectious diseases; degenerative diseases; herniations, stenoses, myelopathies and other "mechanical" disorders of the spine; spinal trauma; tumors of the spine; and others. The report characterizes the patient populations, their current clinical management, and trends in clinical management as new techniques and technologies are expected to be developed and emerge. The report details the currently available products and technologies, and manufacturer offerings. The report details products and technologies under development and markets for each in spine surgery. The report provides a current and forecast assessment of the worldwide markets for these technologies, with geographic segmentation by U.S. & Canada, European Union (detailing France, United Kingdom, Germany, Italy and Spain), Japan and Rest of World. The report provides emphasis on the market impact of new technologies through the coming decade, profiling nealry 100 active companies in this industry, with comprehensive detail on key companies, providing data on their current products, current market position and products under development.
For additional information, see this link or contact Patrick Driscoll, 949-859-3401.
About MedMarket Diligence
MedMarket Diligence provides tactical decision-making solutions on medical technology to the medical products and investment industries. The company publishes the MedMarkets newsletter, a monthly analysis of the market implications of new medical technologies, dedicated Reports on technology markets and the Medtech Startups Database.