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:2/23/2017)... ... February 23, 2017 , ... Today, researchers can fast-track sample ... acid, and/or other biomarkers or SNPs of interest) using one, easy-to-collect saliva sample. ... the relationship between insulin and other relevant biomarkers can be extensively studied through ...
(Date:2/23/2017)... ANGELES , Feb. 23, 2017  Capricor Therapeutics, Inc. ... and other medical conditions, today announced that Linda Marbán, Ph.D, ... two upcoming investor conferences: Cowen and ... at 10:00 am ET Boston, MA ... 2017 at 9:00 am PT (12:00 pm ET) ...
(Date:2/23/2017)... and SAN FRANCISCO , Feb. 23, ... medicine company, and Beyond Type 1, a not-for-profit advocacy ... diabetes, today announced a grant from Beyond Type 1 ... for type 1 and other insulin-requiring diabetes.  ... developing innovative stem cell-derived cell replacement therapies with a ...
(Date:2/22/2017)... 22, 2017  Aratana Therapeutics, Inc. (NASDAQ: PETX), a pet ... innovative biopharmaceutical products for companion animals, will host a live ... ET to discuss financial results from the fourth quarter and ... participants and investors may access the audio webcast ... ...
Breaking Biology Technology:
(Date:1/26/2017)... , Jan. 26, 2017  Acuity Market Intelligence ... Biometrics and Digital Identity".  Acuity characterizes 2017 as ... when increased adoption reflects a new understanding of ... "Biometrics and digital identity are often perceived ... Maxine Most , Principal of Acuity Market intelligence. ...
(Date:1/24/2017)...  It sounds simple and harmless—an electronic sensor ... signs and alerts parents on their smart phones ... drops. But pediatric experts argue that such devices ... evidence of medical benefits, especially to healthy babies. ... parents of healthy babies, promising peace of mind ...
(Date:1/19/2017)... , January 19, 2017 According to a new ... and Forecast, 2014 - 2022," the global biometric sensor market is expected to ... to 2022. In 2015, Asia-Pacific dominated the global market ... private sectors. Continue Reading ... ...
Breaking Biology News(10 mins):