Navigation Links
Growing Preference for Composite Materials in Shoulder Fixation and Knee Ligament Reconstruction Markets
Date:1/13/2009

Composite segments of shoulder fixation and knee ligament reconstruction markets to grow at rates above 50% and 20%, respectively, from 2008 to 2013, according to Millennium Research Group

WALTHAM, Mass., Jan. 13 /PRNewswire/ -- According to Millennium Research Group's (MRG's) US Markets for Orthopedic Soft Tissue Solutions 2009 report, there is a growing preference for the use of composite materials in both shoulder fixation and knee ligament reconstruction. Each composite device market will see impressive compound annual growth rates from 2008 to 2013 of over 50% and over 20%, respectively.

Over the next five years, physicians will increasingly shift away from using polymer suture anchors to composite suture anchors in shoulder fixation. Suture anchors composed of composite materials are often embedded with various biocompatible and bioactive materials, such as hydroxyapatite and tricalcium phosphate. In 2008, many companies, including market leader Arthrex, launched composite suture anchors to compete with DePuy Mitek -- the only company to actively market a composite suture anchor in 2007. Over the next 5 years, several more composite suture anchor products are expected to enter the market.

"In the resorbable bone-patellar tendon-bone (BTB) fixation device segment, there is also a growing shift away from polymer-based materials towards composite devices -- in this case interference screws," says Kevin Flewwelling, Manager of MRG's Orthopedics division. "Composite materials not only resorb into the body, but promote bone growth too. In the coming years, new products, such as the BioComposite Interference Screw from Arthrex, will stimulate additional interest in the market as manufacturers promote the use of composite materials. This interest is expected to translate into more than 20% annual growth in the BTB composite interference screw segment of the knee ligament reconstruction market over the next five years."

MRG's US Markets for Orthopedic Soft Tissue Solutions 2009 report provides coverage of key industry competitors including Arthrex, ArthroCare, Biomet Sports Medicine, ConMed Linvatec, DePuy Mitek, Genzyme Biosurgery, Joint Restoration Foundation, LifeNet Health, Musculoskeletal Transplant Foundation, and Smith & Nephew.

About Millennium Research Group

Millennium Research Group (www.MRG.net), a Decision Resources, Inc. company (www.DecisionResourcesInc.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 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©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Growing Shortage of Gastroenterologists to Affect Screening Capacity for #2 Cancer Killer
2. Dr. Mitchell L. Petusevsky, M.D., F.C.C.P. Meets Growing Demand for the Treatment of Sleep and Pulmonary Disorders
3. Veteran Rehab Specialist, Ted ONeill, Joins Fast-Growing Alliance Seating & Mobility in Pennsylvania
4. Launch of New Independent Aging Company Will Address the Needs of the Growing Senior Population
5. Colorectal Cancer Racial Gap Still Growing
6. Leading U.S. Cancer Organizations Unite Against the Growing Global Cancer Burden
7. NHHF Scholarship Program Targets Growing Demand for Diversity Among Health Care Professionals
8. CPF Updates Patient Education Materials to Meet Growing Demand for Pulmonary Fibrosis Information
9. Americas 5000 Fastest-Growing Private Companies Revealed
10. Happiness Spreads Through African Villages Thanks to Growing Contributions from Long Term Care Insurance Professionals
11. NxStage(R) Ranked 14th Fastest Growing Company in North America on Deloittes 2008 Technology Fast 500
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2016)... ... , ... LELO has discovered many people are insecure about their ... email, social media and on the Volonté blog seeking advice about how to actually ... or ‘correct’?” , While some methods are more common than others, there is no ...
(Date:5/5/2016)... ... May 05, 2016 , ... Every year 220 ... heartfelt wishes of these children. The wishes provide hope and motivation through ... CEO of Make-A-Wish Mississippi, Brent Wilson said, “In 2016, the organization will grant ...
(Date:5/5/2016)... Portland, Oregon (PRWEB) , ... May 05, 2016 ... ... the Student American Chiropractic Association (SACA) is slated to host the 2016 National ... chance for all current SACA national officers and chapter officers to come together ...
(Date:5/5/2016)... ... May 05, 2016 , ... Tim Dieter ... serving families of greater Dubuque, IA. The current campaign fundraises for Veteran’s Freedom ... veterans. Donations to Veteran’s Freedom Center may now be made here: http://www.veteransfreedomcenter.com/donate/ ...
(Date:5/5/2016)... ... May 05, 2016 , ... ... for veterinary professionals across the United States. The whole food nutrient solutions company ... patients and giving dog, cat and horse owners’ peace of mind. With the ...
Breaking Medicine News(10 mins):
(Date:5/5/2016)... ORANGE COUNTY, Calif. , May 5, 2016 ... for nearly a decade due to concerns that ... advances in the approach to imaging, as well ... in a new era of medical peripherals that ... better care.   Ampronix  advanced medical imaging is a ...
(Date:5/5/2016)... 2016 Research ... the  "Europe Thrombocytopenia Market and Competitive ... their offering.       (Logo: ... latest research Europe Thrombocytopenia Market and ... comprehensive insights into Thrombocytopenia pipeline products, ...
(Date:5/4/2016)... , May 4, 2016 ... Market Research entitled "Brain Computer Interface Market - Global Industry ... 2024," the  global brain computer interface (BCI) market  is expected ... The market is estimated to expand at a CAGR ... to 2024. A BCI device provides collaboration ...
Breaking Medicine Technology: