Advanced Orthopedic Technologies, Implants and Regenerative

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Health Markets:

Advanced Orthopedic Technologies, Implants and Regenerative Products

BCC Research
Management Report May 2007

INTRODUCTION

With technology advancements and a better understanding of the body, the orthopedic device market offers a range of highly complex and leading-edge products. They now are a significant part of the industry. While there are many conventional and generally less expensive products, new items and biotechnological advancements are beginning to revolutionize future growth of the orthopedic device market. The latest technological products are competing in a fast track market that looks to improve the quality of life for millions of individuals who need procedures such as hip and knee transplants.

Ongoing patient management studies, combined with a drive to produce technologically superior products, will increase the number of patients who can benefit from developments in the advanced orthopedic product market. This study will provide readers with the knowledge needed to adequately view and assess this market and will provide insights into the market potentials, including trends that are, and will continue to drive this segment in the future.

SCOPE OF STUDY

This report:

Provides a complete U.S. and global market analysis
Quantifies all major markets, including bone repair and regenerative products, cartilage repair and regenerative products, joint replacements, implants and regenerative products, tissue repair and regenerative products, and others
Analyzes key market drivers such as insurance and reimbursement issues, marketing and advertising issues and trends, world demographics, the trends in orthopedic disability and evolving lifestyles trends, orthopedic-device related infections and much more
Includes industry overview, development of the advanced orthopedic market, regulation and classification of devices by region
Analyzes markets by product type, competitor analysis and supplier strategy, research and development, patent analysis, and company profiles are all included in this comprehensive volume.

REPORT HIGHLIGHTS

The total market for advanced orthopedic technology and products was estimated to exceed $17.5 billion in 2006, up 11.7% from $15.7 billion the previous year (2005). By 2012, the advanced orthopedic technology and product market is likely to reach $31.9 billion, with average growth estimated at 10.3%.
Worldwide, the bone repair and regenerative product market has increased at a rate of 19% to 22% annually over the past several years. In 2006, the market experienced a 22% increase over the $910 million in 2005 to reach $1.1 billion.
Worldwide, the total joint replacement, implant and regenerative product markets generated approximately $15.8 billion in 2006, an increase of 11.4% over $11.2 billion estimated for 2005.

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