Marketing Campaigns and Increasing Public Awareness Maintain Growth in the Minimally Invasive Surgery Spinal Fusion Market
Technical Learning Curve Will Hinder Market Growth Slightly According to a New Report by Millennium Research Group
Waltham, MA (PRWEB) May 29, 2006
Millennium Research Group (MRG), the global authority on medical technology market intelligence, reports that strong marketing efforts by leading manufacturers and surgeon demand for less invasive surgeries will help to maintain robust growth for the minimally invasive surgery (MIS) spinal fusion market over the next five years. Nevertheless, according to the new report US Markets for MIS Spinal Fusion Technologies 2006, the steep learning curve associated with MIS techniques will limit the adoption of MIS fusion.
“There are other roadblocks for this market as well,” said Sarit Daniel, senior analyst at Millennium Research Group. “The current lack of clinical data deters physicians from adopting MIS fusion procedures. Surgeons also continue to voice concern over the limited visual access to the surgical space.”
MRG’s US Markets for MIS Spinal Fusion Technologies 2006 covers various key industry competitors, such as Medtronic Sofamor Danek (MDT), DePuy (JNJ), Nuvasive (NUVA), Abbott Spine (ABT) and Endius.
About MIS Spinal Fusion Market
The MIS spinal fusion market, comprising traditional thoracolumbar implants (such as hooks, rods, and screws), interbody devices, and MIS access instrumentation, represents one of the most dynamic segments within the entire spinal implant market. Valued at almost $200 million in 2005, this market will experience significant growth over the next five years. In its comprehensive report, MRG defines an MIS spinal fusion as an instrumented fusion procedure in which specialized access instrumentation is used to minimize the amount of soft tissue damage and muscle retraction.
About Millennium Research Group
Millennium Research Group (www. MRG. net) is a leading provider of strategic information to the health care sector. Focused solely on the medical device, pharmaceutical, and biotechnology industries, the company provides its clients with the benefits of its specialized industry expertise through published reports and customized consulting services.
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