William Blair & Co. analyst has predicted that 2011 will be a difficult year for orthopedic device makers but a better year than 2010, according to a Bloomberg Businessweek report.
Revenue growth will increase because spinal procedure volumes will be in higher demand, while extremities surgeries will remain strong, according to the report. Companies should expect to continue facing pressure to reduce prices, especially for hip and knee implants, and there will be stricter regulatory scrutiny which could lead to fewer new products in the coming year.
Of the leading orthopedic and spine device companies, Stryker will be the most successful because of the company's ability to diversify products, according to the report.
Read full coverage from Bloomberg Businessweek on William Blair & Co.'s forecast for the orthopedic device market.
Read more coverage on orthopedic and spine device companies:
- 5 Recent Orthopedic and Spine Device Patent Infringement Cases
- Theken Spine Receives Grant for Equipment Purchasing
- Millennium Research Group Outlook for Minimally Invasive Spinal Fusion Market
Revenue growth will increase because spinal procedure volumes will be in higher demand, while extremities surgeries will remain strong, according to the report. Companies should expect to continue facing pressure to reduce prices, especially for hip and knee implants, and there will be stricter regulatory scrutiny which could lead to fewer new products in the coming year.
Of the leading orthopedic and spine device companies, Stryker will be the most successful because of the company's ability to diversify products, according to the report.
Read full coverage from Bloomberg Businessweek on William Blair & Co.'s forecast for the orthopedic device market.
Read more coverage on orthopedic and spine device companies:
- 5 Recent Orthopedic and Spine Device Patent Infringement Cases
- Theken Spine Receives Grant for Equipment Purchasing
- Millennium Research Group Outlook for Minimally Invasive Spinal Fusion Market