Navigation Links
US Facet Fixation Market to Increase by Over 60% Annually Through 2012
Date:9/11/2008

Innovative products and increased efficacy driving demand for facet

fixation, according to Millennium Research Group

WALTHAM, Mass., Sept. 11 /PRNewswire/ -- According to Millennium Research Group's (MRG) US Markets for Minimally Invasive Spine Technologies 2008 report, the facet fixation market, which includes facet screws, bolts, and allograft implants, will grow at a compound annual growth rate of over 60% from 2007 to 2012. This high growth rate is due to increasing adoption of innovative products from companies such as minSURG, Nutech Medical, US Spine, and VG Innovations, which feature greater ease-of-implantation and increased efficacy compared to predicate facet fixation devices.

Over the next five years, continued adoption of facet fixation products, resulting from rising practitioner awareness due to increasing manufacturer marketing efforts, will contribute to expanding facet fixation procedure volumes. Furthermore, as spine specialists become more comfortable with facet fixation and the growing volume of clinical data supporting it is released, the average number of levels treated per procedure will also rise and will facilitate market growth.

"Initially, it was thought that smaller companies with limited resources would not be able to sufficiently meet surgeons' needs to maximize facet fixation adoption across the US," says Kevin Flewwelling, Manager of MRG's Orthopedics division. "Newer facet fixation techniques, however, are relatively simple to perform compared to other spine treatments, and as such, training can be accomplished easily over the phone, online, or in a cadaver lab."

MRG's US Markets for Minimally Invasive Spine Technologies 2008 report not only covers the facet fixation market, but also the minimally invasive spinal fusion implant and access instrumentation, intradiscal therapies, and discography markets. Additionally, a statistically significant survey of 72 US-based spine surgeons was used to inform the analysis. The report also provides coverage of all key industry competitors, including Abbott Spine, ArthroCare, DePuy Spine, Medtronic Spinal & Biologics, minSURG, Nutech Medical, NuVasive, Smith & Nephew, Stryker, Synthes Spine, TranS1, US Spine, Zimmer Spine, and many more.

Additionally, MRG will be attending the 23rd Annual Meeting of the North American Spine Society (NASS) in Toronto, Canada, where MRG is located, from October 15 to 17, 2008. Come to booth #135 to discover how MRG can help you meet all of your market research needs.

Members of the media are welcome to attend MRG's upcoming spine webinar. The webinar will be held on Tuesday, September 30, 2008 at 11 a.m. EDT. For more information, please contact Amy Krohn at 416-364-7776 ext. 101 or e-mail at akrohn@mrg.net.

About Millennium Research Group

Millennium Research Group (http://www.MRG.net), a Decision Resources, Inc. company (http://www.DecisionResources.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the health care sector. The company provides specialized industry expertise through published reports, ongoing Marketrack(TM) projects, and customized solutions.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the health care industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at http://www.DecisionResourcesInc.com.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Amy Krohn

Millennium Research Group

416-364-7776 x101

akrohn@mrg.net

Elizabeth Marshall

Decision Resources Inc.

781-296-2563

emarshall@dresources.com


'/>"/>
SOURCE Millennium Research Group
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. Biotechnology & Drug Discovery Markets Push Up Demand for Lab Automation Products, According to a New Report by Global Industry Analysts
2. Injectable CTM Manufacturing Market Report Now Available
3. Eyeforpharmas Marketing Summit is shaping up to be the biggest event of its kind ever
4. SectorWatch.biz Issues MarketStats on Agri-Biotech Equities YGYB, GRO, SEED, MON, ADM, and BG
5. Filter Markets - Discover the Growth Segments
6. China Sky One Medical, Inc. Approved to List on the NASDAQ Global Market
7. CoreValve Successfully Treats the First Pacific Rim Patients with Its ReValving System for Percutaneous Aortic Valve Replacement : Australia/New Zealand Regulatory-Cleared Evaluation Registry is Expected to Lead to Market Clearance for These Countries
8. CV Therapeutics Reports Option Grants Under Nasdaq Marketplace Rule 4350
9. Frost & Sullivan Recognizes Kionixs Dominance in the MEMS Accelerometers Market Through Product Line Strategy
10. Mymetics Corporation Information to be Available Through Standard & Poors Market Access Program
11. PAREXEL Data Indicate U.S. Marketing Applications for New Molecular Entities Bounce Back
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... , June 23, 2016 /PRNewswire/ - FACIT has ... Ontario biotechnology company, Propellon Therapeutics Inc. ... and commercialization of a portfolio of first-in-class WDR5 ... targets such as WDR5 represent an exciting class ... in precision medicine for cancer patients. Substantial advances ...
(Date:6/23/2016)... ... June 23, 2016 , ... Charm Sciences, ... microbial test has received AOAC Research Institute approval 061601. , “This is another ... year,” stated Bob Salter, Vice President of Regulatory and Industrial Affairs. “The Peel ...
(Date:6/23/2016)...   EpiBiome , a precision microbiome engineering company, ... financing from Silicon Valley Bank (SVB). The financing will ... its drug development efforts, as well as purchase additional ... has been an incredible strategic partner to us – ... would provide," said Dr. Aeron Tynes Hammack , ...
(Date:6/23/2016)... ... 2016 , ... In a new case report published today in STEM CELLS ... developed lymphedema after being treated for breast cancer benefitted from an injection of stem ... with this debilitating, frequent side effect of cancer treatment. , Lymphedema refers ...
Breaking Biology Technology:
(Date:6/22/2016)... Md. , June 22, 2016  The American College ... Trade Show Executive Magazine as one of the ... on May 25-27 at the Bellagio in Las ... on the highest percentage of growth in each of the ... of exhibiting companies and number of attendees. The 2015 ACMG ...
(Date:6/16/2016)... 2016 The global ... reach USD 1.83 billion by 2024, according to ... Technological proliferation and increasing demand in commercial buildings, ... drive the market growth.      (Logo: ... development of advanced multimodal techniques for biometric authentication ...
(Date:6/3/2016)... 3, 2016 Das ... Nepal hat ein 44 ... geprägter Kennzeichen, einschließlich Personalisierung, Registrierung und IT-Infrastruktur, ... Produktion und Implementierung von Identitätsmanagementlösungen. Zahlreiche renommierte ... Januar teilgenommen, aber Decatur wurde als konformste ...
Breaking Biology News(10 mins):