Navigation Links
Young Physicians Demanding Advanced Laparoscopic Energy Instruments
Date:12/11/2007

According to Millennium Research Group's Marketrack(TM) service, the laparoscopic advanced energy market was worth over $100 million in Q3 2007

WALTHAM, Mass., Dec. 11 /PRNewswire/ -- Millennium Research Group's US Laparoscopic Marketrack(TM) results show that in Q3 of 2007, the advanced energy market, which includes open and laparoscopic devices, generated over $100 million in revenue. Due to the demand for advanced energy instruments from young physicians, these products are being used for more applications and in more procedure types than ever before. The shift towards more expensive products has also boosted the market.

Advanced energy surgical instruments consist of ultrasonic and bipolar vessel sealing devices. Ethicon owned 69% revenue share for laparoscopic advanced energy devices in Q3, and over 57% revenue share in Q3 for open advanced energy devices. These devices are used for cutting and coagulating tissue and sealing vessels and offer safer, more precise, simultaneous cutting and coagulation than previous modalities. Many younger physicians have used advanced energy surgical instruments in their training and therefore are familiar with the technology and recognize its advantages, driving devices revenues.

"Average selling prices in the advanced energy category are on the rise," says Jaya Classen, Senior Analyst at Millennium Research Group. "This is due to the adoption of higher-priced products such as the Gyrus-ACMI 3105PK angled shears and the Ligasure V 1500."

MRG offers a number of products covering the global laparoscopic market. For ongoing quarterly tracking of market shares by brand, MRG offers its Laparoscopic Marketrack(TM) service. This service tracks laparoscopic markets, including bladed, bladeless, blunt and hand-assist trocars, advanced energy probes, endolinear cutters and staplers, and reprocessed devices, in the US on a quarterly basis. Besides market share, this service also provides brand- level usage (units, average selling price, and revenue), detailed procedure numbers, and practitioner practice information.

For in-depth analysis and 5-year growth forecasts, MRG offers its Global Markets for Laparoscopic Devices 2008 report series, which includes individual reports on the US and Europe. Companies covered by this market research include Ethicon Endo-Surgery, Covidien (formerly Tyco Healthcare), Gyrus-ACMI, Applied Medical, Olympus, and more.

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©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
2. Youngs experiment in a hydrogen molecule
3. Diageo Sponsors Medical Society of the State of New Yorks Physicians Training Program
4. Dendreon Announces Publication of Phase 1 Study Highlighting Immunologic and Clinical Activity of Lapuleucel-T (Neuvenge(R)) in Advanced Breast Cancer Patients
5. Advanced Life Sciences Announces Receipt of Nasdaq Staff Letter
6. Advanced Cell Technology Announces Proposed Financing
7. YM BIOSCIENCES, EUROPEAN PARTNER, ONCOSCIENCE AG, ANNOUNCES INITIATION OF ADVANCED NIMOTUZUMAB TRIALS IN ADULT GLIOMA AND PANCREATIC CANCER
8. Advanced Cell Technologys Dr. Robert Lanza Makes List of 100 Most Inspiring People in the Life-Sciences Industry
9. Advanced Life Sciences to Present at 2007 UBS Global Life Sciences Conference
10. CeloNova BioSciences Announces Worlds First Line of Fully Color-Coded Embolic Particles at CIRSE: Embozene(TM) Color-Advanced Microspheres
11. Edwards Lifesciences Grants UC Irvine $5 Million to Establish the Edwards Lifesciences Center for Advanced Cardiovascular Technology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... , February 11, 2016 ... Corporation ("PositiveID" or "Company") (OTCQB: PSID), a life ... today that its Thermomedics subsidiary, which markets the ... its growth plan in January 2016, including entering ... increasing sequential monthly sales growth, and establishing several ...
(Date:2/10/2016)... - BioAmber Inc. (NYSE: BIOA ), a leader ... & Co. Ltd., its partner in the ... an additional CDN$25 million in the joint venture for ... to 40%.  Mitsui will also play a stronger role ... Sarnia , providing dedicated resources alongside BioAmber,s ...
(Date:2/10/2016)... York, New York (PRWEB) , ... ... ... Pharmaceuticals Inc. (NASDAQ: REGN) today announced that it has joined the Human ... and immunotherapies for infectious diseases and cancer. , The Human Vaccines ...
(Date:2/10/2016)... ... February 10, 2016 , ... HOLLOWAY ... of Pharmaceutical Engineering (ISPE) Rocky Mountain Chapter 21st Annual Vendor Exhibition on Thursday, ... more than 100 tables for its annual event, which will run from 3:00 ...
Breaking Biology Technology:
(Date:2/10/2016)... PUNE, India , February 10, 2016 ... --> According to 2016 iris ... fingerprint identification iris recognition is more widely ... are available with both fingerprint and iris ... allows the user to avoid purchasing two ...
(Date:2/4/2016)... , Feb. 4, 2016 The field ... one of the most popular hubs of the ... and other huge studies of human microbiota, have ... few years, the microbiome space has literally exploded ... research. This report focuses on biomedical aspects ...
(Date:2/2/2016)... 2016  BioMEMS devices deployed in hospitals ... medical screening and diagnostic applications, such as ... that facilitate and assure continuous monitoring without ... being bolstered through new opportunities offered by ... coupled with wireless connectivity and low power ...
Breaking Biology News(10 mins):