What Were the Top Stories at AAOS 2012?

Stryker’s Steve MacMillan suddenly resigns The resurgence of the Startup! Metal-on-Metal debate is getting more civilized Rise of the Robots! Lower Prices coming soon PRP – Platelet-Rich Plasma monster Zimmer booth < time lapse video of booth being built> High tech, high visibility retractors Here come the South Koreans!

Interview: Paul Nichols of Bio2 Technologies Answers Questions About the State of Orthopedic Industry

An Inteview with Paul Nichols (Editor @ HealthPointCapital) We recently spoke with Paul Nichols, the current Executive Chairman of Bio2 Technologies who formerly worked with HealthpointCapital as President and CEO of Nexa Orthopedics. Learn what he has to say about the opportunities and challenges of the musculoskeletal industry and his advice for young companies. [...]

The 7 Top Concerns for Orthopedic Spine Surgeons in 2012

7 Top Concerns for Spine Surgeons in 2012 (Laura Miller @ Beckers) Four spine surgeons discuss the topics weighing most heavily on them and their practices heading into 2012. Treating Medicare patients. Insurance company coverage for spinal procedures. Proving spine surgery is effective in the literature. Contracting at outpatient surgery centers. Spine surgeons are [...]

The 10 Biggest Concerns for Orthopedic Surgeons in 2012

10 Biggest Concerns for Orthopedic Surgeons in 2012 (Laura Miller @ Beckers) Q&A with 4 orthopedic surgeons who discuss the following topics as we head into 2012. Balancing declining reimbursements with raising practice costs. Restricted access for Medicare patients. What the poor economy of 2011 means for joint replacement in 2012. Will 2012 [...]

Q&a With Medtronics New CEO, Omar Ishrak

MassDevice.com Q&A: Medtronic CEO Omar Ishrak (MassDevice) Medtronic CEO Omar Ishrak tells MassDevice.com about how he screens potential acquisitions, his plan to re-shape the company and handling the controversy over the Infuse spine treatment. Just a few days into his tenure as CEO of Medtronic (NYSE:MDT), Omar Ishrak was confronted with a major crisis: [...]

Why Are Biomet Sales Up? Is the Ortho Industry Turning Around?

Do Biomet’s Rising Sales Beckon a New Ortho Dawn? (Walter Eisner @ OTW) Biomet, Inc. reported a preliminary 4% rise in second quarter 2012 sales after the markets closed on December 19. Total revenues totaled $725.1 million. The next day, orthopedic stocks shot through the roof. Zimmer climbed almost 7%, while Stryker [...]

Orthopedic Surgeon Uses a “Sterile” iPad Every Day in the Operating Room

DC surgeon: “I use the iPad every day in the operating room” (David Raths @ TabTimes) Felasfa M. Wodajo, MD explains how and why the iPad has so quickly become such an indispensable tool during surgery Some hospitals and health systems are working on customizing their clinical information systems so that doctors making their [...]

Spine Fusion Rates Are Increasing – Structural Allografts, Interbody Fusions, and Cervical Plates

Researchers report increase in spine fusions, structural allografts (OrthoSuperSite) Between 1999 and 2008, orthopedic spine surgery rates increased, with more surgeons performing fusions and using structural allografts, interbody devices or anterior cervical plates, according to Boston researchers. The researchers aimed to determine the change in rates and types of procedures performed for cervical spine surgery by geographic region. [...]

MedMarket Report: The Global Market for Products in Spine Surgery

Drivers of spine surgery worldwide (MedMarket)

Moodys: US Medical Device Firms Face Soft Organic Growth Prospects

Moody’s: U.S. medical device firms face soft organic growth prospects (Mass Device) U.S. medical products and device makers are likely to pursue share buybacks, dividends and acquisitions to satisfy shareholders and spur growth as demand remains soft and pricing pressure intensifies, Moody’s Investors Service said. Slow organic sales growth is expected over the [...]

S&N Interview Regarding Their Strategy to Expand Into BRIC Countries

S&N: Innovation, Education Key to Emerging Market (VIDEO: Morningstar UK) Medical-device expansion in the BRIC countries will accelerate as price points are lowered and more doctors learn how to use orthopaedics, says Smith & Nephew’s Phil Cowdy Julie Stralow: Hello, I’m Julie Stralow, equity analyst at Morningstar. Today, we have Phil Cowdy here from [...]

Knee Osteoarthritis Patient Numbers Are Soaring

Knee OA Patient Numbers to Soar (Biloine Young @ OTW) If current trends continue, nearly 6.5 million Americans between the ages of 35 and 84 will be diagnosed with knee osteoarthritis (OA) within the next ten years according to research presented at the November 2011 American College of Rheumatology meeting in Chicago and [...]

Knee Hospitalization Rates Soar

Knee Hospitalization Rates Soar (Bilione Young @ OTW) Women and men between the ages of 45 and 64 were two-and-a-half times more likely to be hospitalized for knee replacement surgery in 2009 than they were in 1997, according to a November Agency for Healthcare Research and Quality (AHRQ) press release, and reported by Health [...]

Hip Impingement Surgery Is Becoming More and More Popular in Sports Medicine

Hip Procedure Grows Popular Despite Doubt (NYTimes) It is one of the most popular operations in sports medicine. It comes in various forms, all with the same name: Hip impingement or bone shaving surgery. World-renowned athletes have had the operation — the Yankees’ third baseman Alex Rodriguez had it about two years ago and [...]

Baby Boomers Are Coming: 8 Solutions to Looming Challenges for Orthopedic Surgeons

Baby Boomers are Coming: 8 Solutions to Looming Challenges for Orthopedic Surgeons (written by Laura Miller @ Beckers) Here are eight challenges associated with providing orthopedic care for baby boomers and how orthopedic surgeons and industry professionals are overcoming them. 1. Competing for patients: focus on customer service. 2. Decreasing reimbursement rates: limit [...]

Milliniem Predicts the Global Spine Market Growth Through 2020

Milliniem Research Group: US Markets for Spinal Implants 2011

Report: Biotech Funding Trends & Observations From 2007 – 2011

The new normal for biotech (Ernst & Young) Pressures on the business model: funding There’s good and bad news about biotech funding in 2010. The good news: Across the US, Europe and Canada, biotech companies raised US$25 billion in 2010. This is about the same as the average during the four years preceding [...]

Report: Predicts That Motion Preserving Spinal Non-Fusion Procedures Will Growth Into 2017

Companies & Markets: Global Spinal Surgery Devices Market Forecast to Reach USD 12.6 Billion in 2017 (press release) Spinal Surgery Devices Market to 2017 – Motion Preserving Spinal Non-Fusion Procedures to Drive Long Term Growth. The global market for medical spinal surgery devices is forecast to reach $12.6 billion in 2017 at a CAGR [...]

Analysis: Patients Are Delaying Joint Replacement Surgery and Affecting Device Sales

As patients put up with pain, device sales suffer (Reuters) Orthopedic surgeon John Tongue sees more patients these days who are in pain and deciding to do nothing about it. As it gets harder for them to walk, some find hip or knee replacement surgery a compelling option. But many of Tongue’s patients have another [...]

News and Trends From the EuroSpine Meeting in Milan

News and Trends at Eurospine (written by Lauren Uzdienski @ HealthPointCapital) This week we attended Eurospine in Milan, and we came away noticing three trends. One, VCF technologies are continuing to generate a lot of interest, despite the damper the NEJM studies may have placed on these products in the U.S. Also notable was the increasing prominence [...]

Report Predicts That Verebroplasty Procedures Will Catch Up With Kyphoplasty Procedures

MedMarket Report: Vertebral Compression Fracture Treatment Technologies Vertebral compression fractures result primarily from osteoporosis and the consequent weakening of bones, including those in the spine. VCFs can result in tremendous back pain both in the short and long term. Because the injured vertebra is compressed and loses height, kyphotic deformity of that particular vertebra [...]

AdvaMed Report: the State of the U.S. Med-Tech Industry – 2010 Versus 2009

The state of U.S. med-tech: An industry snapshot (MassDevice) The medical device sector was on the rebound in 2010 after a less-than-stellar 2009 performance, according to the latest report from industry lobby AdvaMed. Revenues for publicly traded companies grew to $205 billion in 2010, a 4 percent increase from the $197 billion reported in [...]

A Stem Cell Research Center With a Focus on Osteoarthritis Opens in the UK

UK Opens Stem Cell Research Center (written by Biloine Young @ OTW) Scientists at Newcastle University and Arthritis Research, in the United Kingdom, are joining the international campaign to successfully regenerate bone and cartilage, damaged by degenerative joint disease, through the use of a patient’s own stem cells. The research, if successful, could [...]

15 Expansions of Orthopedic and Spine Services at Hospitals

15 Expansions of Orthopedic and Spine Services at Hospitals (written by Laura Miller @ Beckers) Massachusetts’ Cambridge Health Alliance expanded orthopedic care by opening rehabilitation services at its new Malden Bone and Joint Center. The specialists take care of patients with back pain, sports injuries, joint replacements and other issues. In August, Texas’ Covenant Health System opened [...]

Report: Biologics Is Growing Faster Than Implants

Biologics Growth Faster Than Implants (Biloine Young @ OTW) The rush to engage in stem cell research is leading to double-digit annual sales growth in the orthopedic biomaterials market, according to the health care market research firm Kalorama Information. A factor driving revenue growth for biomaterials is that insurance companies are more likely to approve [...]

High Profile Athletes Run to Stem Cell Treatment With PRP Injections

Athletes Opt for Stem Cells (Biloine Young @ OTW) The news that Peyton Manning went to Europe to receive stem cell therapy on his neck has thrust that treatment—still unapproved by the FDA—back into the medical spotlight. A report by Fox Sports relates that the Colts quarterback and four-time MVP asked for the stem cell [...]

6 Trends in Minimally Invasive Spine Surgery

6 Trends in Minimally Invasive Spine Surgery (Beckers) Minimally invasive spine procedures involving the use of facet fixation products are expected to grow faster than other sectors of the spine surgery market over the next five years, according to US Markets for Minimally Invasive Spine Technologies 2008. The high growth rate is due to increasing adoption [...]

7 Surgeons Explain How Baby Boomers Are Revolutionizing Orthopedics

How Are Baby Boomers Revolutionizing Orthopedics? 7 Responses (written by Laura Miller @ Beckers) Here are the responses from seven orthopedic surgeons and industry members to the question: How are baby boomers revolutionizing orthopedics? Terrance Crowder, MD, Orthopedic Surgeon, Sonoran Spine Center, Phoenix Douglas Garland, MD, Medical Director, MemorialCare Joint Replacement Center at [...]

Arthrosurface’S New Shoulder Resurfacing Device Is Taking Off

Arthrosurface website Arthrosurface Revenue Growth Bolstered by Shoulder Product Solution (press release) FRANKLIN, Mass., Sept. 16, 2011 /PRNewswire via COMTEX/ — Arthrosurface, Inc. ( www.arthrosurface.com ), the developer of less-invasive joint resurfacing systems, recently announced the release of its Glenoid resurfacing product line. The company reports that release of this product line as a complement [...]

Are Partial Knee Replacements a Passing Trend or the Future of Knee Care? Surgeons Responses

Are Partial Knee Replacements a Passing Trend or the Future of Knee Care? 14 Responses (written by Laura Miller @ Beckers) Here are 14 joint replacement surgeons and industry experts discussing whether partial knee replacements are a passing trend or the way of the future. Michael E. Ciminello, MD, Orthopedic Surgeon, Peconic Bay Medical Center, [...]

Advances in Gene Therapy and Stem Cell Research Are Leading to Double-Digit Annual Sales Growth in the Orthopedic Biomaterials Market

Big growth in biomaterials market (Health Care Finance News) Ortho device companies expand to boost profits NEW YORK – Advances in gene therapy and stem cell research are leading to double-digit annual sales growth in the orthopedic biomaterials market, according to the healthcare market research firm Kalorama Information. In its recently published report, “Orthopedic Biomaterials, [...]

Is the US Losing Orthopedic Talent and Innovation? …Orthopedists Answer

Reporter’s Notebook (written by Elizabeth Hofheinz @ OTW) Dear OTW Reader: Big theme this week…U.S. losing talent and innovation? A concerned spine surgeon tells OTW, “We are losing our edge to foreign countries. The Chinese in particular have a tremendous knowledge base and a great thirst for more education. It used to be that Chinese [...]

8 Research and Development Projects for Orthopedic and Spine Devices

8 Research and Development Projects for Orthopedic and Spine Devices (Laura Miller @ Beckers) DePuy Orthopaedics ConforMIS Hospital for Special Surgery Medtronic NovaBone Stryker / OrthoSensor Synthes / Eli Lilly and Company University of Pittsburgh read the project details here

10 Orthopedists Answer: “What Do Baby Boomers Mean for Orthopedics Today and Tomorrow?

What Do Baby Boomers Mean for Orthopedics Today and Tomorrow? 10 Responses (Laura Miller @ Beckers) Here are 10 orthopedic surgeons and industry members, representing several subspecialties, responding to the question: What do baby boomers mean for orthopedics today and tomorrow? Christopher Browne, MD, Orthopedic Surgeon, Eastern Oklahoma Orthopedic Center, Tulsa. Terrence [...]

10 Considerations for Surgeons Before Using Patient Specific Cutting Guides

Letter to the Editor: Consider Patient Specific Cutting Guides Carefully (written by Walter P. Spires, Jr., CEO, ANOVA Orthopaedic Solutions for Beckers) One of our responsibilities as a committed orthopedic implant supply partner is to help keep you informed on developments deemed important to facilities, surgeons, and patients. The subject of patient specific cutting guides [...]

Swiss Biotech Firm Invents a Minimally Invasive “Fracture putty” That Heals Osteoporotic Fractures in Load Bearing Areas

Swiss Firm Touts Osteoporosis Treatment (written by Biloine Young @ OTW) The Worldwide, an osteoporotic bone breaks every 3 seconds. A particular scourge for women (although men are also affected) osteoporosis plagues approximately 200 million individuals. The onslaught is relentless. About one-tenth of women aged 60 are affected. That number jumps to one-fifth [...]

Texas Spine Surgeon Finds Fusion Success by Simply Injecting Adult Stem Cells Into Cages

Adult Stem Cells – Roses of Texas (written by Biloine Young @ OTW) Texas docs are at it again! When 37-year-old Dallas firefighter Chris Youngman found he could barely bend down to put on his shoes because of back pain he went to Forest Park Medical Center neurosurgeon Rob Dickerman. Dickerman fused Youngman’s spine [...]

6 Orthopedic Device Markets That Are Expected to Grow

6 Orthopedic and Spine Device Markets Expected to Grow (written by Laura Miller @ Beckers) Based on market analysis reports, here are six markets that are expected to grow over the next few years. 1. Spinal nonfusion and artificial disc market. The spinal implant market is expected to flatten over the next few years, [...]

Generic Orthopedic Implants’ Time Has Come

OrthoDirect website Generic Orthopedic Implants’ Time Has Come (Written by Blair Rhode, MD, Sports Medicine Orthopedic Surgeon and owner, RoG Sports Medicine @ Beckers) This article was written by Blair Rhode, MD, Sports Medicine Orthopedic Surgeon and owner, RoG Sports Medicine. Orthopedic implants in the United States represent a $20 billion per year industry. Seventy-five percent [...]

AAOS Estimates 600% Increase in Knee Replacements in the Next Decade

AAOS Estimates 600% Increase in Knee Replacements (written by Jonathan Cluett, M.D. @ About.com) The American Academy of Orthopaedic Surgeons estimates that the number of knee replacements performed in the United States will increase by 600% in the next decade. This means, that with over 500,000 knee replacements performed every year at [...]

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February 22, 2012

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