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European Spine Surgery Market to Reach $883 Million in 2008

By HospiMedica staff writers
Posted on 13 Aug 2003
The European market for spinal fusion, flexible stabilization, prosthetic discs, and other spine surgery products is projected to increase to US$883 million in 2008, according to a new report published by Medtech Insight (Cleveland, OH, USA; www.medtechinsight.com).

Although Europe has a growing aging population subject to degenerative spine disease, its spine market has failed to match the dramatic growth seen in the United States, because of inadequate surgeon training, unreliable fusion outcomes, expensive products, reimbursement challenges, and the perception of back pain as a non-life-threatening condition, compounded by suppliers' focus on the fast-growing US market. More...
In 2002, total product sales in Europe were estimated at less then $300 million. As the maturing US fusion market shifts toward disc replacement and suppliers seek new outlets, this convergence of supply and demand is projected to drive a 21% annual increase in European sales, leading to a total of $883 million in 2008.

The report examines the German, French, English, Italian, Spanish, and Benelux markets for traditional instrumentation, metal and allograft implants, minimally invasive fusion and discectomy products, bone graft substitutes, prosthetic discs, bone growth stimulators, flexible stabilization, interventional products, vertebroplasty and kyphoplasty, and other products. Detailed reports are provided on more than 35 companies.




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