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:10/11/2017)... , Oct. 11, 2017  True Health, ... has amplified its effort during National Breast Cancer ... hereditary cancer risks. ... Clinical Oncology calculated that more than 10 million ... inherited mutations in BRCA1 or BRCA2 and have not ...
(Date:10/7/2017)... , Oct. 6, 2017   Provista, a ... than $100 billion in purchasing power, today announced a ... information. The Newsroom is the online home ... trends, infographics, expert bios, news releases, slideshows and events. ... to a wealth of resources at their fingertips, viewers ...
(Date:10/4/2017)... OBP Medical , a leading ... today announced regulatory approval from Brazil,s ... Nacional de Vigilância Sanitária (ANVISA)) to market ... with integrated LED light source and smoke evacuation ... of a tissue pocket or cavity during surgical ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... ... “The Journey: From the Mountains to the Mission Field”: the story of a ... “The Journey: From the Mountains to the Mission Field” is the creation of published ... all ages and currently teaches a class of ladies at her church, which she ...
(Date:10/12/2017)... San Francisco, CA (PRWEB) , ... October 12, ... ... and Dr. Cheng, are now treating sleep apnea using cutting-edge Oventus ... sleep apnea, a serious sleep disorder characterized by frequent cessation in breathing. Oral ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... IsoComforter, Inc. ... products, announced today the introduction of an innovative new design of the shoulder pad. ... so you get maximum comfort while controlling your pain while using cold therapy. By ...
(Date:10/12/2017)... ... October 12, 2017 , ... Information about the technology: ... develop to enable prevention of a major side effect of chemotherapy in children. ... pediatric patients. For cisplatin, hearing loss is FDA listed on-label as a dose ...
(Date:10/12/2017)... ... October 12, 2017 , ... Leading pediatric oncology experts at Children’s National ... 49th Congress of the International Society of Paediatric Oncology (SIOP) Oct. 12-15. ... for Cancer and Blood Disorders at Children’s National, and Stephen P. Hunger, M.D., ...
Breaking Medicine News(10 mins):