ReportsnReports - Implantable Medical Devices to 2015

PRLog (Press Release) - Mar. 15, 2012 - Details on these and other findings are contained in the upcoming Freedonia industry study, Implantable Medical Devices, available for $5100. It presents historical demand data (2000, 2005 and 2010) plus forecasts for 2015 and 2020 by type of implant. The study also considers key market environment factors, assesses the industry structure, evaluates company market share and profiles 26 competitors in the US industry.

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This comprehensive study examines the US market for implantable medical devices, including orthopedic, cardiovascular and other products that are implanted into the body for therapeutic, diagnostic or cosmetic purposes. Orthopedic implants consist of reconstructive knee, hip and other joint replacements; spinal fixation and spacing devices; orthobiologics; trauma fixation and repair devices; and dental implants, a new inclusion in this study. Cardiovascular products include pacing devices used for cardiac resynchronization therapy (CRTs); implantable cardioverter defibrillators (ICDs); pacemakers; and related accessories. Other cardiovascular products encompass carotid, coronary and peripheral stents; heart valves and heart valve repair accessories; internal heart monitors; vascular and heart-related grafts; vena cava filters; and ventricular-assist devices. Other implantable medical devices include neurological stimulators; otolaryngeal implants such as cochlear implants and esophageal stents; ophthalmic imp lants, encompassing intraocular and other lenses; intrauterine devices and gynecological products for soft tissue repair; drug implants; silicone and saline breast implants and other cosmetic products; urological stents and penile implants; and other devices. New inclusions in this study are ear implants, widely used to treat common ear infections, and intrauterine devices.

Unless otherwise indicated, all statistics and forecasts represent demand for medical implants stated in current US dollars. The term “demand” is equivalent to “value of consumption” or “manufacturers’ sales” and correlates to the value of domestic production plus imports minus exports. Historical data (2000, 2005, 2010) and forecasts for 2015 and 2020 are provided for drug delivery products by type and application.
Corporate information and data appearing in Section VII, “Industry Structure,” are based on estimates derived from published company reports and personal interviews with competitors, industry experts and sources within the companies themselves. Macroeconomic indicators were taken from The Freedonia Group Incorporated Consensus Forecasts dated August 2011. The sum of individual components appearing in the study tables may not always add to the apparent total due to independent rounding. All ratios were calculated on the basis of unrounded numbers.

Information and data related to the US market for implantable medical devices were obtained from a variety of primary and secondary sources including government and trade associations, industry participants, online databases and other Freedonia studies. Primary information was gathered through consultations with officers and marketing/technical personnel of participating companies and other industry specialists. Secondary and background information were obtained from several medical and pharmaceutical publications including Biomedical Market Newsletter, Drug Development & Delivery, Drug Topics, Medical Design Technology, Medical Device & Diagnostic Industry, Medical Product Manufacturing News, R&D Directions and Surgical Products. Corporate annual reports, SEC Form 10-K and 20-F filings, product literature, and other company information were also used extensively in framing the industry environment and as input for market size assessments.

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