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:12/7/2016)... ... 07, 2016 , ... The Cliff Hart Agencies, a Michigan-based ... Dewitt, Williamston, East Lansing, Ann Arbor, and Farmington Hills, is announcing a regional ... tumor. , Jason Bauer and his family are longtime members of the Williamston ...
(Date:12/7/2016)... ... 2016 , ... AlignLife clinics nationwide are giving back to their communities by ... receive bountiful gifts wrapped tightly under a Christmas Tree. AlignLife hopes to spread ... world. , In exchange for generous donations, customers will receive a gift in return. ...
(Date:12/7/2016)... ... 07, 2016 , ... The Honolulu cosmetic and medical dermatology ... launched October 17, 2016, features comprehensive information regarding a wide range of dermatologic ... patients can discover the latest clinical dermatology treatments for medical skin concerns as ...
(Date:12/7/2016)... ... December 07, 2016 , ... 1105 Media’s Live ... the Folio: Marketing Awards competition. Live From won in the Use of Social ... and ultimately successful projects undertaken by the media industry’s most innovative marketing professionals. ...
(Date:12/7/2016)... , ... December 07, 2016 ... ... announced its newest portable bioelectronic medicine device WellnessPro Plus for consumers and ... substantially enhances the WellnessPro platform by expanding the treatment modalities available in ...
Breaking Medicine News(10 mins):
(Date:12/6/2016)...  "Blood Tests replace Surgical Biopsies. Single screening ... Diagnostic, Monitoring and Screening Test opportunities are explored. ... using in vitro blood testing to identify cancer ... has announced a single blood test to detect ... the market. New technology that definitively identifies disease ...
(Date:12/6/2016)... 6, 2016 Anaplastic Oligoastrocytoma - Pipeline ... Direct,s latest Pharmaceutical and Healthcare disease pipeline guide ... an overview of the Anaplastic Oligoastrocytoma (Oncology) pipeline ... that forms when two types of cells in ... in number to form a mass. These brain ...
(Date:12/6/2016)... , Dec. 6, 2016 Eurofins ... accreditation from the College of American Pathologists (CAP) ... (CLIA) for its new laboratory in ... moved its North American headquarters. "Our ... sequencing -- which is still considered the ,Gold ...
Breaking Medicine Technology: