Navigation Links
US Spinal Nonfusion Procedures Set to Increase Nearly Five Times From 2008 to 2013, According to Millennium Research Group
Date:3/25/2009

WALTHAM, Mass., March 25 /PRNewswire/ -- According to Millennium Research Group's (MRG's) new US Markets for Spinal Implants 2009 report, the US spinal nonfusion technology segment will see an increase in procedure volumes through 2013 largely at the expense of traditional spinal fusion. Nonfusion spinal implant revenues are expected to grow to $1.7 billion in the US by 2013, due mostly to escalating procedure volumes.

The release of new spinal nonfusion products will result in an influx of favorable clinical data and increased marketing of these new devices and technologies, fueling physician awareness and adoption. For example, Disc Dynamics and Intrinsic Therapeutics have already begun promoting their devices in the nuclear disc prosthesis and annulus repair segments, respectively, although the product launches are not expected for several years in the US. Favorable reimbursement decisions are also expected to drive procedure growth through 2013. Granting of reimbursement will give more patients access to motion-preservation solutions.

"Despite the rapid market growth we've seen in recent years, some obstacles have really hindered the adoption of spinal nonfusion technologies," says Kevin Flewwelling, Manager of the Orthopedics division at MRG. "For example, the cervical artificial disc market hasn't grown as fast as originally anticipated due largely to limited reimbursement coverage across the US; however, mounting patient and surgeon demand for these technologies will ensure continued robust growth through 2013, particularly if companies can successfully obtain additional favorable reimbursement coverage throughout the US."

MRG's US Markets for Spinal Implants 2009 report provides coverage of key industry competitors, including Abbott Spine (acquired by Zimmer), Aesculap Implant Systems, Biomet Spine, Blackstone Medical (Orthofix), DePuy Spine, Globus Medical, Medtronic Spinal and Biologics, NuVasive, Stryker Spine, Synthes Spine, Zimmer Spine, and many more.

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. United Spinal Association Opens Registration for the 2009 Independence Expo: Improving Life for the Disabled and the Aging
2. Spinal taps carry higher risks for infants and elderly, study shows
3. United Spinal Association Report Reveals the Importance of Studying Multiple Sclerosis in Children: Developing New Insights into MS in Adults
4. According to Frost & Sullivan, Mounting Clinical Evidence Underlines Benefits of Bone Growth and Spinal Fusion Stimulators
5. Artificial disc replacement as good or better than spinal fusion surgery
6. United Spinal Association Introduces The Veterans Health Council: Improving Veterans Health through Information and Advocacy
7. Bocce Palooza Again Provides Grants and Scholarships to Those With Spinal Cord Injuries
8. SpineMark Partners With Healthplace America to Offer Access to Top Quality Spinal Care
9. Spinal fluid proteins signal Lou Gehrigs disease
10. Leaders in Minimally Invasive Spinal Surgery Open New Facility in Scottsdale
11. Medical study shows epidurals and spinal anesthetics are safer than previously reported
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/28/2016)... (PRWEB) , ... May 28, 2016 , ... In a part of the city where’s ... city’s new farm-to-table Kelowna restaurants is hoping to attract diners with a taste ... & Suites officially opened the doors to Cornerstone Grill, an urban casual restaurant focusing ...
(Date:5/27/2016)... Newark, NJ (PRWEB) , ... May 27, 2016 , ... ... been named as YWCA Tribute to Women and Industry (TWIN) 2016 honorees. The ... to their workplace. For this year, Geri Boone, Director of the MLTSS (Managed Long-Term ...
(Date:5/27/2016)... York, NY (PRWEB) , ... May 27, 2016 , ... ... needing intervention to walk, the demand for a sustainable product to aid in the ... void and aid in the recovery of individuals with hemiplegia due to stroke. , ...
(Date:5/27/2016)... ... May 27, 2016 , ... In response ... many who are unaware of the plight of aphasia. In collaboration with the ... “Stroke Awareness” campaign. , The link between stroke and aphasia is relatively unknown, ...
(Date:5/27/2016)... ... May 27, 2016 , ... Aimed at nurses and employees in the health ... of leaders in the nursing and health care industry. It also provides insight to ... Christian University. , As the nursing industry is coming out of one of ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... Deutschland und GERMANTOWN, Maryland , ... Zusammenarbeit mit Therawis bedient dringenden ...   QIAGEN N.V. (NASDAQ: ... bekannt, eine Lizenz- und Entwicklungsvereinbarung mit Therawis Diagnostics ... die Onkologie eingegangen zu sein. Ein erstes Projekt ...
(Date:5/25/2016)... 25, 2016 According to market ... Growth and Demand Forecast to 2022 - Industry Insights ... Others)" published by P&S Market Research, the global insulin ... 2015, and it is expected to grow at a ... insulin pump segment is expected to witness the fastest ...
(Date:5/25/2016)... MedDay, a biotechnology company focused on ... presentation entitled "High doses of biotin in progressive multiple sclerosis: ... by Professor Ayman Tourbah , Principal Investigator of the ... Academy of Neurology (EAN) in Copenhagen, Denmark ... take place on Sunday, 29 May 2016 from 14:45 to ...
Breaking Medicine Technology: