Focus on Technology: Ortho Market Rockets and Stents Hold Steady
Originally Published MDDI December 2005 2005 MEDTECH SNAPSHOT
December 1, 2005
Originally Published MDDI December 2005
2005 MEDTECH SNAPSHOT
While the coronary stent market plateaus, the orthopedic industry is expecting record growth. Companies seem to be putting endless R&D and regulatory energy into this segment. According to Frost & Sullivan, devices and procedures for reconstruction, especially for hips and knees, are dominating the industry.
Financial management firm Merrill Lynch points to several top companies that are scheduled to gain FDA approval for artificial disks within the next few years. Spinal products and procedures, along with orthobiologicals and bone grafts, could quickly surpass other segments of the orthopedic industry.
Copyright ©2005 Medical Device & Diagnostic Industry
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