Navigation Links
OMTEC's Opening Keynote Emphasizes Increasing Demand for Orthopaedic Procedures
Date:6/24/2009

CHAGRIN FALLS, Ohio, June 24 /PRNewswire/ -- Renowned orthopaedic industry expert, Shirley A. Engelhardt, kicked off the 5th Annual Orthopaedic Manufacturing & Technology Exposition and Conference (OMTEC), reminding attendees that 6.5 billion people on the planet will one day need orthopaedic care.

"By our estimates, each year between now and 2020, some 167 million people worldwide could encounter an orthopaedic problem that can be fixed by our industry," said Mrs. Engelhardt. "Population demographics are playing well into the orthopaedic hand, with the over-65 group growing four times faster than the population overall." However, and quite interestingly, Mrs. Engelhardt went on to point out that a robust potential for growth lies in the 4.4 billion people under the age of 40. "There is no discounting the thousands of procedures required by aging Boomers, but there are twice as many people under the age of 40 who will be choosing orthopaedic treatment over the next several decades."

Mrs. Engelhardt remains bullish about orthopaedics, but not unrealistic. She admits, "We've seen some slowdown in capital equipment purchases, and hospital admissions have fallen in some areas due to patients postponing elective surgeries. Spinal fusion and joint replacement may be delayed, but patients can't deny themselves quality of life forever." Furthermore, she continued, "Fractures will still require repair, as will torn rotator cuffs and ACLs."

Mrs. Engelhardt's standing-room-only address went on to predict market growth by procedures, price and mix and segment. "Even if the market's growth slows to 3%, 2009 revenues will reach $36.8BB, an incremental $1.1BB. Not too shabby."

A bulk of Mrs. Engelhardt's presentation data will be contained in THE ORTHOPAEDIC INDUSTRY ANNUAL REPORT, scheduled for release in mid-July from ORTHOWORLD. To learn more about Shirley Engelhardt and OMTEC, visit '/>"/>

SOURCE ORTHOWORLD Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. 4-Star Gen. Barry McCaffrey, Former U.S. Drug Czar, to Address National Drug Crisis, Keynote Grand Opening of New Allenwood, PA National Model Detox Center
2. Grand Opening of Regence Boys & Girls Club Marks a Milestone in Historic New Columbia Community Revitalization
3. AISHealth.com Introduces Three New Free Services: Health Business Daily Newsletter, Health Business Meeting Calendar, and Health Care Job Openings
4. Cosmetic Surgeons Gather in Dubai for World Congress, Hospital Opening
5. West Clinic Continues Expansion Into Asian Market With Opening of Shanghai Cancer Center
6. HearAtLast Continues Rapid Expansion, Opening Two New Retail Locations in Richmond Hill and Markham Wal-Mart Stores Number 3195 and 3053
7. FDA Approves the Opening of a Phase II Registration Protocol Using REXIN-G(R) for Osteosarcoma in California U.S.A.
8. St. Jude Celebrates Next Frontier of Finding Cures With Grand Opening of Chilis Care Center
9. Video: Patient at Mother Frances Receives Heart Bypass Without Opening Chest
10. ARJO / Getinge / Maquet Announces New West Coast Showroom Opening
11. Ilitch Brings New Brand of Pilates to Metro Detroit With Opening of Studio in West Bloomfield
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/2/2015)... ... September 02, 2015 , ... Good health and a good ... Shield of New Jersey (Horizon BCBSNJ) donated $11,000 to the New Jersey Golf Foundation ... foundation at the start of The Barclays, Horizon BCBSNJ challenged PGA TOUR golfer and ...
(Date:9/2/2015)... ... September 02, 2015 , ... ... food banks in commemorating “Hunger Action Month” during the entire month of September. ... Food Bank will be dedicating its efforts this September to an awareness campaign ...
(Date:9/2/2015)... ... September 02, 2015 , ... Ericson is a noted speaker ... for HCPro and Associate Director of Education for the Association for Clinical Documentation Improvement ... ICD-10 for CDI Boot Camps. She serves as a CDI subject matter expert for ...
(Date:9/2/2015)... , ... September 02, 2015 , ... Every year at ... others dread it. However, few are prepared to face the academic workload confronting them. ... Our schools haven’t prepared them since schools don’t teach students how to study. , ...
(Date:9/2/2015)... ... , ... Amada Senior Care, premier provider of in-home care and assisted living ... location. Amada franchise partners Mike and Mell Fleming came to the senior care ... 20 years in medical device sales while Mell spent over 30 years as a ...
Breaking Medicine News(10 mins):Health News:Horizon BCBSNJ’s Healthy Steps Challenge Raises an Additional $6,000 for the NJ Golf Foundation with Help from PGA TOUR Golfer Morgan Hoffmann 2Health News:Horizon BCBSNJ’s Healthy Steps Challenge Raises an Additional $6,000 for the NJ Golf Foundation with Help from PGA TOUR Golfer Morgan Hoffmann 3Health News:#IfOnlyYouKnew: Alameda County Community Food Bank Commemorates September as National Hunger Action Month 2Health News:#IfOnlyYouKnew: Alameda County Community Food Bank Commemorates September as National Hunger Action Month 3Health News:#IfOnlyYouKnew: Alameda County Community Food Bank Commemorates September as National Hunger Action Month 4Health News:ezDI Names Noted CDI Educator Cheryl Ericson as Company’s Clinical Documentation Manager 2Health News:ezDI Names Noted CDI Educator Cheryl Ericson as Company’s Clinical Documentation Manager 3Health News:ezDI Names Noted CDI Educator Cheryl Ericson as Company’s Clinical Documentation Manager 4Health News:5 Essential Study Tips Every Student Needs for Academic Success but Schools Do Not Teach 2Health News:5 Essential Study Tips Every Student Needs for Academic Success but Schools Do Not Teach 3Health News:Amada Senior Care Expands to Greater Kansas City 2
... North America -, PRINCETON, N.J., Dec. 18 ... Barr has been named Covance,s Chief,Operating Officer, effective ... of Early Development North America, will assume operating,responsibility ... to,Joe Herring, Covance,s Chairman and Chief Executive Officer. ...
... slightly more effective than traditional lung scans, , , TUESDAY, ... a life-threatening blood clot in the lungs -- can ... a technique using CT scanning might be slightly more ... Canadian researchers found that computed tomographic pulmonary angiography (CTPA) ...
... team of researchers led by Mayo Clinic have designed a ... to destroy cancer cells that spread from primary tumors to ... addition, their study shows that this technology could be the ... , The study appeared in the Dec. 9 online issue ...
... screenings for those with severe illnesses, they may bring ... a recent study by Yale School of Medicine researchers ... study offers a new approach for assessing who is ... recommendations can be tailored more effectively to individual patients. ...
... NightHawk,Radiology Holdings, Inc. (Nasdaq: NHWK ), ... and hospitals throughout the United States,today announced that ... Healthcare,Conference, January 10, 2008, at 8:30 a.m. PST ... Paul Berger, Chairman and CEO, Tim Mayleben, President,and ...
... Dec. 18 Psoriasis Cure Now,a nonprofit patient ... an association between severe psoriasis and a significantly,increased ... psoriasis research. The,study, by a team of University ... severe psoriasis have a 50 percent,increased risk of ...
Cached Medicine News:Health News:Wendel Barr Appointed Chief Operating Officer of Covance 2Health News:Wendel Barr Appointed Chief Operating Officer of Covance 3Health News:CT Scans Catch More Clots in Lungs 2Health News:CT Scans Catch More Clots in Lungs 3Health News:Researchers train the immune system to deliver virus that destroys cancer in lab models 2Health News:Researchers train the immune system to deliver virus that destroys cancer in lab models 3Health News:Colon cancer screenings may not pay off and could pose harm to some 2Health News:NightHawk Radiology Holdings, Inc. to Speak at Annual JPMorgan Healthcare Conference on January 10, 2008 2
(Date:9/2/2015)... BOCA RATON, Fla. , Sept. 2, 2015 ... Cartledge , MD, FACS, has begun performing ultra-minimally ... patients who are on anticoagulants such as Coumadin, ... of Cardiothoracic Surgery at the Hospital, is one ... this method, which involves making two microscopic incisions ...
(Date:9/2/2015)... 2, 2015  Aethlon Medical, Inc. (Nasdaq: AEMD ), ... will be presenting at the Rodman & Renshaw 17th Annual ... at 9:35 a.m. ET on Thursday, September 10, 2015. ... public via live audio webcast which can be accessed by ... at http://www.aethlonmedical.com . The webcast will be archived for ...
(Date:9/2/2015)... TORONTO , Sept. 2, 2015 ... (OTCQB: GNBT) today announced that its previously ... co-development arrangement with CannScience Innovations Inc. ( ... Generex and CannScience have entered into a ... to the Agreement, Generex has licensed its ...
Breaking Medicine Technology:Boca Regional Introduces Ultra-Minimally Invasive Surgical Procedure for Atrial Fibrillation Patients 2Boca Regional Introduces Ultra-Minimally Invasive Surgical Procedure for Atrial Fibrillation Patients 3Generex Announces Formalization of Buccal Cannabis Co-Development Plan 2Generex Announces Formalization of Buccal Cannabis Co-Development Plan 3
Histopathology Reference Laboratory provides a full range of histology services, encompassing routine and specialized grossing, processing, embedding, microtomy, routine and special staining and cove...
IBT Reference Laboratory is a national research and specialty clinical lab founded in 1983 that provides a wide range of tests and services in the area of allergy, clinical immunology and molecular b...
Marquette General Health System Reference Laboratory provides a full range of testing including, Chemistry, Hematology, Coagulation, Urinalysis, Microbiology, Cytology, Anatomic Pathology, Flow Cytom...
Headquartered in Burlington, North Carolina, LabCorp has more than 23,500 employees and offers more than 4,400 clinical tests ranging from routine blood analyses to the most sophisticated molecular d...
Medicine Products: