SBi Founder and CEO Sees Continuing Growth in Small Bone and Joint Sector of Orthopedics Market (press release)
Revenues in the small bone and joint (or ‘extremities’) sector of the estimated $41 billion orthopedic devices market are forecast to continue outpacing growth rates in hip, knee and spine implants, according to Viscogliosi Brothers. LLC, (VB), a merchant bank specializing in orthopedics.
“STAR ankle procedures in the US increased by 48% last year, compared with 2010. This was in part due to private health insurers revising their reimbursement policies to demonstrate a preference for evidence-based medicine in this procedure”
Estimated sales in the small bone and joint sector have almost doubled from $1.7 billion in 2007 to $3.3 billion in 2011, representing more than 8% of the overall orthopedic device market. VB estimates continuing sector growth in the range of 12-15% annually.
Anthony G. Viscogliosi, who is the Founder, Chairman and CEO of Small Bone Innovations, Inc., (SBi), noted in a speech to staff this week, that: “Our focus on the small bone and joint sector has resulted in more than 7,000 surgeons being trained to treat thousands of arthritis and trau...
