Navigation Links
U.S. Orthopedic Stem Cell Market to Grow 68% in 2009
Date:4/7/2009

Orthopedic Stem Cell Market to Reach $228 Million by 2014

VANCOUVER, April 7 /PRNewswire/ - According to a report by iData Research (www.idataresearch.net), an international medical device and dental market research firm, the U.S. market for stem cells used in orthopedic therapy will grow to an estimated $228 million by 2014. Applications are currently focused on spinal fusion surgery, mostly for arthritis, but will eventually expand to include the fixation of traumatic fractures and the regeneration of worn joint cartilage.

Since 2005, adult stem cell products have been commercially available for use in spinal fusion surgery, the common treatment for arthritis and other bone defects. More than 29,000 patients have benefited from orthopedic stem cell therapy, which eliminates the pain and surgical complexity of traditional procedures. The Obama administration's lifting of research restrictions has renewed public interest in applications for embryonic stem cell therapies.

"The aging population will be the main driver for stem cell therapies, as it is for the overall orthopedic marketplace," says Kamran Zamanian PhD., CEO of iData, "The prevalence of osteoarthritis and degenerative joint disease will increase in the near future, driving the market for stem cell therapies. Stem cells are an advancement over traditional treatments because, unlike other treatments, they can potentially regenerate healthy tissue."

According to the report, over 60% of adults over 64 suffer from osteoarthritis. This implies an enormous future market for all orthopedic stem cell applications. This market will grow as baby boomers age and embryonic stem cell use increases. The report estimates a compound annual growth rate of 33% through 2014.

"Stem cell therapy in orthopedics is not only ahead of other medical applications, such as cardiology and neurology," says Zamanian. "It is also less socially contentious because it is based on adult stem cell lines, side-stepping the political difficulties with embryonic research, and increasing potential patient acceptance."

About iData Research

iData Research (www.idataresearch.net) is an international market research and consulting group focused on providing market intelligence for the medical device, dental and pharmaceutical industries in categories such as: Orthopedics, Sports Medicine, Spine, Cardiovascular, CRM, Dental, Endoscopy, Imaging, Ophthalmics, Patient Monitoring, Urology, Women's Health and more.

To learn more about iData's services, view this 3-minute Movie at: www.idataresearch.net/discoveridata.html


'/>"/>
SOURCE iData Research Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Black Hills Orthopedics & Spine Center Selects Sage Intergy EHR to Improve Clinical, Operational and Financial Efficiencies
2. Hanger Orthopedic Group, Inc. Announces First Quarter 2009 Earnings Release Conference Call
3. Northeast Ohio's Center for Orthopedics Saves Patients Time with Online Next-Day Appointment Scheduling for its Open Cast Room
4. Wuesthoff Health System and Broadlane Continue Exclusive Relationship; Orthopedic Consulting Initiative Yields Significant Savings
5. Team of orthopedic surgeons and kinesiologists win hippest of awards
6. Ascension Orthopedics Introduces the Silicone PIP Implant System
7. Hanger Orthopedic Group, Inc. Reports $0.26 Pro Forma EPS on 8.6% Sales Growth for the Fourth Quarter 2008
8. Quick Orthopedic Repair Can Save Young Shoulders
9. Hanger Orthopedic Group Welcomes Vinit Asar as Chief Growth Officer
10. Hanger Orthopedic Group, Inc. Announces Six Acquisitions Totaling $8.9 Million of Annual Net Revenue
11. Hanger Orthopedic Group, Inc. Announces 2008 Year-End Earnings Release Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2016)... ... 2016 , ... Over 40 athletic trainer’s (ATs) and athletic training students (ATSs) ... “Hike to Harrisburg” advocacy day. The annual lobbying effort is a collaboration between ... The goal for the day was to educate the elected legislators and the public ...
(Date:5/4/2016)... ... May 04, 2016 , ... Vasont Systems, a ... Integrator (VUI) extension supports the latest release of Adobe FrameMaker, Release 2015. The ... the process of creating, editing and storing XML. , The VUI ...
(Date:5/3/2016)... , ... May 04, 2016 , ... ... cancer. That message is reaching the global health community through expanding activities that ... burden of cancer in the resource-limited countries. , In support of ...
(Date:5/3/2016)... ... May 03, 2016 , ... ... patients report dissatisfaction with numerous issues related to medical care in the hospital ... and poor bedside manner from hospital staff. Commenting on this article, the founder ...
(Date:5/3/2016)... ... ... Sue Desmond-Hellmann, chief executive officer of the Bill & Melinda Gates Foundation, ... in her keynote address at Georgia State University’s spring commencement on Saturday, ... experience as a scientist, physician and executive, Desmond-Hellmann leads the Gates Foundation’s efforts to ...
Breaking Medicine News(10 mins):
(Date:5/3/2016)... Global and Chinese Surgical ... overview of the industry that covers definition, applications ... report explores into the international and Chinese players ... Surgical Mesh market spread across 150 pages providing ... is available at http://www.reportsnreports.com/reports/470569-global-and-chinese-surgical-mesh-industry-2016-market-research-report.html . ...
(Date:5/2/2016)...  Deerfield announced today it led the $44.5 ... Graybug Vision is an early stage pharmaceutical company ... for ocular diseases including wet age-related macular degeneration ... developed at Johns Hopkins University and has been ... Graybug Vision is developing ophthalmology products enabling ...
(Date:4/29/2016)... Calif. , April 29, 2016  In ... is projected to shift from systems dependent on ... all types of modality CRT Medical monitors and ... there are a host of foreseeable benefits to ... concern; will existing modalities have to be replaced ...
Breaking Medicine Technology: