Navigation Links
Worldwide Orthopaedic Product Sales Reached $43.1 Billion in 2012, States ORTHOWORLD's Newly-released Orthopaedic Industry Report
Date:5/30/2013

CHAGRIN FALLS, Ohio, May 30, 2013 /PRNewswire/ -- Orthopaedic product sales exceeded $43 billion in 2012, a modest increase of 3% or $1.2 billion over 2011, according to ORTHOWORLD®, trusted authority on orthopaedic market intelligence. Segments contributing greatest growth included trauma at $6.1 billion and sports medicine at $4.2 billion. Spine posted negative growth, while hips, knees, extremities and orthobiologics posted growth in the low-single digits.

Nine of the top ten orthopaedic device companies posted year over year growth, with NuVasive added to the lineup due to Johnson & Johnson/DePuy's acquisition of Synthes. "This decade has been marked by slowing growth, and orthopaedic companies continue to seek strategies and tactics to balance the effects of intense change spurred by political, economic and social powers," commented Julie Vetalice , lead contributor to the report.

ORTHOWORLD asserts that industry is gaining traction in the new environment, as evidenced by increased utilization of resources outside the U.S., investments in data collection, exploration of new sales and distribution models, nurturing of supplier partnerships up and down the supply chain and the continued emergence of generic and lower-cost offerings. "Year over year growth slowed to mid- and low-single digits beginning in 2008, but the market is growing and is expected to do so for the foreseeable future," added Mrs. Vetalice.

The 175-page ORTHOPAEDIC INDUSTRY ANNUAL REPORT® expands upon 2012 company performance and key industry dynamics in segments focusing on joint replacement, trauma, sports medicine, spine, computer-assisted surgery and orthobiologics. A directory of every known orthopaedic device company in the world appears in the Appendix.

To own a copy of the ORTHOPAEDIC INDUSTRY ANNUAL REPORT, visit www.orthoworld.com or contact:

Michael E. Casey
ORTHOWORLD Inc.
Phone: 440.543.2101
e-mail: mike@orthoworld.com

About ORTHOWORLD

Founded in 1992, ORTHOWORLD is a highly specialized publishing firm offering strategic intelligence, integrated advertising and educational conferences exclusively to the global orthopaedic market. Its singular mission is helping orthopaedic companies and individuals improve their performance.


'/>"/>
SOURCE ORTHOWORLD Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. ResearchMoz: Telemedicine Monitoring Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018 - Market Research Report
2. Telemedicine Monitoring: Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
3. Worldwide Multicenter Experiences with CardioFocus HeartLight® EAS to be Presented at Heart Rhythm 2012
4. Cephasonics Inks Distribution Deal With Tritech To Extend Worldwide Sales Reach Into Israel
5. Kansas City Region Launches Contract Research Initiative To Speed The Development Of Health Care Innovation Worldwide
6. NicOx Signs Worldwide Licensing Agreement With Rapid Pathogen Screening, Inc. For Ophthalmic Diagnostics
7. Misonix Exhibits at Major Worldwide Spine Conference
8. Chimerix Signs Worldwide License Agreement With Merck For CMX157, A Novel Candidate For The Treatment Of HIV
9. Mesenchymal Stem Cell Research Activity Rose 116% in 2011; Businesses Turning to BioInformant Worldwide for MSC Market Research
10. BioMed Diagnostics Microbiology Diagnostic Devices Now Available Worldwide Through Distribution Agreement With VWR International, LLC
11. AspenBio Pharma Executes Worldwide License Agreement for its Animal Health Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/2/2017)... -- Eli Lilly and Company (NYSE: LLY ) ... of 2017 on Tuesday, October 24, 2017. Lilly will ... the investment community and media to further detail the ... begin at 9 a.m. Eastern time. Investors, media and ... the conference call through a link that will be ...
(Date:9/28/2017)... WASHINGTON , Sept. 28, 2017 Cohen ... to advance the use of wearable and home sensors ... brain disorders. Early Signal Foundation, a nonprofit organization focused ... populations, will provide an affordable analytical system to record ... ...
(Date:9/23/2017)... HORSHAM, Pa. , Sept. 22, 2017 ... received a complete response letter from the U.S. Food ... (BLA) seeking approval of sirukumab for the treatment of ... response letter indicates additional clinical data are needed to ... of moderately to severely active RA. ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... ProVest ... the greater Dallas, Miami, and Raleigh regions, is organizing an extended charity drive ... rare and deadly chromosome abnormality. , After struggling since birth with several health ...
(Date:10/13/2017)... ... October 13, 2017 , ... As health professionals work to improve their approach ... patient is doing more than filling out a survey; in many cases health professionals ... emphasis in health care and research on the importance of active engagement with patients ...
(Date:10/13/2017)... ... ... The American Board of Family Medicine's (ABFM) Board of Directors has selected Warren ... James C. Puffer upon his retirement. Dr. Newton will serve in the position of ... end of 2018. Upon assuming the role of President and CEO on January 1, ...
(Date:10/13/2017)... ... October 13, 2017 , ... PurhealthRX , a leading Health ... technology. Applying the Purzorb™process to full spectrum CBD oil will revolutionize the rapidly growing ... form that can be easily incorporated into liquid products, while reducing costs to end ...
(Date:10/13/2017)... ... ... Lori R. Somekh, founder of the Law Office of Somekh & Associates ... special needs planning attorneys. “Membership in ElderCounsel helps our office remain up to date ... elder law attorneys nationwide,” said Somekh. , ElderCounsel was founded by ...
Breaking Medicine News(10 mins):