Navigation Links
Advanced Knee Implants Serve a Wider Patient Pool in North America, Finds Frost & Sullivan
Date:9/13/2012

MOUNTAIN VIEW, Calif., Sept. 13, 2012 /PRNewswire/ -- Constant product innovations are livening up the U.S. knee implants market, encouraging patients to opt for knee implant procedures. Furthermore, patients and surgeons are attracted to the reduced costs and higher reimbursements rates for advanced implants. To thrive in this fiercely competitive market, manufacturers must demonstrate quick time-to-market or differentiate their products through personalization.

New analysis from Frost & Sullivan's (http://www.medicaldevices.frost.com) Analysis of the Knee Implants Market research finds that the market earned revenues of $4.42 billion in 2011 and estimates this to reach $5.49 billion in 2016.

If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

Surgeons primarily seek implants that offer accurate fit, wear resistance, and rapid post-surgery recovery. Implant manufacturers are striving to develop products that meet these criteria, as their successful implantations reassure patients that are apprehensive about undergoing surgery, expanding the patient pool.

"As orthopedic surgeons become familiar with the latest technologies, they are more likely to adopt new knee implant procedures," said Frost & Sullivan Senior Research Analyst Aarti Shetty. "This is leading to better patient outcomes as well as improved surgery times."

While developing cutting-edge products, orthopedic manufactures also need to be mindful of the price of their implants in a sluggish economy. Patients are increasingly traveling to emerging countries for low-cost surgeries, expert care, the latest technology, and comfortable accommodation.

Most patients consider knee replacement surgeries elective and live with the discomfort until a cheaper alternative is available. While partial knee surgeries are a cost-effective substitute, manufacturers should look to develop technologies and products that prompt patients to opt for surgeries in the United States rather than travel abroad.

"Hospitals and surgeons prefer to conduct business with vendors for all their implant needs, so it is becoming important for orthopedic companies to become a one-stop shop," said Shetty. "Companies will also do well to develop surgical kits and orthobiologics so they can provide all the tools required for a knee implant surgery."

These proactive product development and differentiation efforts will go a long way in raising the overall revenues of the market.

Analysis of the Knee Implants Market is part of the Advanced Medical Technologies Growth Partnership Services program, which also includes research in the following markets:

  • Analysis of the Hip Implants Market
  • South Korean Orthopedic Implant Market
  • Overview of Orthopedic Joint Replacement Market in India
  • Analysis of the Orthopedics Implant Market – Future of Joint Replacements

All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Analysis of the Knee Implants Market 
NACC-54

Contact: 
Britni Myers 
Corporate Communications – North America 
P: 210.477.8481
F: 210.348.1003
E: britni.myers@frost.com

http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Cardium Exhibiting Its New FDA-Cleared Excellagen® At The 2012 Spring Symposium Of Advanced Wound Care
2. VeriStrat® Test Results Correlate with Survival Outcomes in Advanced Lung Cancer
3. Clinical Trial at Evergreen Healthcare Shows Intestinal Gel Reduces Symptoms of Advanced Parkinsons Disease
4. Biomedical Advanced Research and Development Authority (BARDA) Exercises Option with Pfenex Inc. To Extend Contract for the Development of a Recombinant Protective Antigen (rPA) Based Anthrax Vaccine
5. Endocrinology Market to 2018 - Advanced Injection Devices for Growth Hormone and Somatostatin will Improve Ease of Use for Patients
6. Reduction of Chemotherapy and PET-Guided Radiotherapy in Advanced-Stage Hodgkin Lymphoma: the GHSG HD15 Trial
7. Abbott Presents Results of Clinical Studies Evaluating Its Investigational Treatment for Advanced Parkinsons Disease
8. PeriGen, Inc. Introduces New, Advanced Perinatal System at National Perinatal Nursing Convention
9. Advanced Radiotherapy Techniques Explored at Educational Events in India
10. Biosimilars in Emerging Economies - Advanced Recombinant Technology Platforms and Low Cost Manufacturing Put India and China at a Strategic Advantage in Biosimilar Production
11. Health Diagnostic Laboratory, Inc. (HDL, Inc.) Brings Advanced Testing to Capitol Hill, Discusses Health Care Cost Savings and Quality Improvement Potential
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/4/2017)...  According to the Centers for Disease Control and Prevention (CDC), ... Urgent Care is helping communities across Massachusetts , ... offering no-cost* flu shots through the end of the month. ... regulations. ... a flu shot is by the end of October, according to the ...
(Date:10/2/2017)... Oct. 2, 2017 Diplomat Pharmacy, Inc. (NYSE: ... Software and Consulting, LLC , and named its founder ... based in Tennessee , will operate ... expands EnvoyHealth,s service offerings for health care partners to ... "In an interoperable world, technology ...
(Date:10/2/2017)... , Oct. 2, 2017  AllianceRx Walgreens Prime, ... formed by Walgreens and pharmacy benefit manager Prime Therapeutics ... new brand, which included the unveiling of new signage ... , as well as at a few other company-owned ... new brand to patients, some of whom will begin ...
Breaking Medicine Technology:
(Date:10/13/2017)... York, NY (PRWEB) , ... October 13, 2017 , ... ... influential people in business to advocate for action towards gender equality at their inaugural ... views from around the globe, and reached a social audience of over 3 million. ...
(Date:10/13/2017)... VA (PRWEB) , ... October 13, 2017 , ... ... of DevOps and Agile Software Development, has been awarded a contract by the ... Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 million ... by frequent cessation in breathing. Oral appliances can offer significant relief to about ...
(Date:10/12/2017)... ... October 12, 2017 , ... The American College of Medical Informatics (ACMI) will ... during the Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual ... F. Collen, a pioneer in the field of medical informatics, this prestigious award is ...
(Date:10/12/2017)... , ... October 12, 2017 , ... HMP , ... recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ ... on October 11, 2017. , The annual award competition recognizes editorial and design excellence ...
Breaking Medicine News(10 mins):