Navigation Links
US Large-Joint Reconstructive Implant Market Grew 10% in 2007
Date:3/3/2008

Increased use of premium-priced products, including resurfacing hips and alternative bearing surface components, boosting growth, according to

Millennium Research Group

WALTHAM, Mass., March 3 /PRNewswire/ -- Millennium Research Group (MRG) estimates that the US large-joint reconstructive implant market grew almost 10% in 2007. Data from MRG's US Orthopedic Reconstructive Marketrack(TM) indicates that an uptake in higher-priced products, such as resurfacing hip implants and alternative bearing surface components, contributed to overall market growth. Premium product adoption was boosted by healthy procedural growth, further fueling revenues.

Use of resurfacing hip implants, which cost more than conventional hip implants, doubled in 2007. Additionally, alternative bearing surface technologies such as metal-on-metal hip components are increasing the average selling price (ASP) of hip components. Metal-on-metal acetabular components had an ASP nearly 25% higher than conventional poly components in 2007.

"Due to chronic athletic injuries, more people are receiving hip and knee implants at a younger age, increasing the likelihood of patients outliving their first implant," says Philip Scrutton, Analyst at Millennium Research Group. "Many patients are demanding solutions that will allow them to maintain an active lifestyle. Resurfacing implants are considered less invasive and preserve more bone, easing a revision procedure should one become necessary. Metal-on-metal components have the lowest wear rates among bearing surfaces, leading to longer implant life."

Millennium Research Group will be attending the American Academy of Orthopedic Surgeons annual meeting in San Francisco from March 5-7. Come to booth #1059 to discover how we can help you meet your needs.

About Orthopedic Reconstructive Marketrack(TM)

US Orthopedic Reconstruction Marketrack(TM) gathers quarterly data from orthopedic operating rooms across the US. Marketrack(TM) subscribers receive thousands of data points, including usage (units, average selling price, and revenue), procedure, competitor, and device brand information.

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 a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.

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


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

Related biology technology :

1. Dental Implant Market Insights Webinar
2. Bone-growing nanomaterial could improve orthopaedic implants
3. Crux Biomedical Announces First Successful U.S. Implant of Its New Retrievable Inferior Vena Cava (IVC) Filter
4. Boston Scientific Announces European Approval of Next-Generation Implantable Defibrillator
5. Empire Genomics and Reprogenetics Join Forces to Improve Preimplantation Genetic Diagnosis (PGD)
6. BioMedical Enterprises, Inc. (BME) Receives FDA Clearance for Spine Use of Its Memory Metal Implants
7. Millennium Research Group Offers New Marketrack Service that Tracks European Dental Implant Market
8. RSB Spine, LLC Announces First Implantation of the InterPlate(TM) L for the Lumbar Spine
9. BioHorizons Announces Agreement to Purchase Implant Logic Systems
10. USC and second sight announce European clinical trial for Argus II retinal implant
11. STAAR Surgical Receives Approval to Market Visian(R) Toric Implantable Collamer Lens in China
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/17/2017)... (PRWEB) , ... July 17, 2017 , ... ... are characterized by a wide range of overlapping clinical features. The advancement of ... in the field of NDD research and testing. , However, designing a ...
(Date:7/16/2017)... ... 16, 2017 , ... OHAUS Corporation, a leading worldwide manufacturer ... new line of Rocking and Waving Shakers today. , Five New Models Available ... digital) for laboratory applications in a variety of environmental conditions. Rocking shakers provide ...
(Date:7/14/2017)... ... July 13, 2017 , ... Dr. Joshua Mondlick has introduced ... into his practice, Mondlick Perio, in the Phoenix area. Dr. Mondlick is ... and only FDA cleared laser treatment to re-grow bone and with significantly less pain ...
(Date:7/13/2017)... (PRWEB) , ... July 13, 2017 , ... ... URAC accreditation in Specialty Pharmacy. URAC is the independent leader in promoting healthcare ... demonstrated a comprehensive commitment to quality care, improved processes and better patient outcomes. ...
Breaking Biology Technology:
(Date:3/28/2017)... PUNE, India , March 28, 2017 ... (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), ... Maintenance), Vertical, and Region - Global Forecast to 2022", ... 30.37 Billion in 2016 and is projected to reach ... 15.4% between 2017 and 2022. The base year considered ...
(Date:3/24/2017)... -- The Controller General of Immigration from Maldives Mr. ... have received the prestigious international IAIR Award for the most innovative high ... ... Maldives Immigration Controller ... (small picture on the right) have received the IAIR award for the ...
(Date:3/23/2017)... March 23, 2017 The report "Gesture Recognition and Touchless ... and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market is ... of 29.63% between 2017 and 2022. Continue Reading ... ... ...
Breaking Biology News(10 mins):