PRZOOM - /newswire/ -
London, United Kingdom, 2007/09/25 - New analysis from Frost & Sullivan, Re-constructive Surgery Markets in Europe, finds that the market earned revenues of $446.0 million in 2006 and estimates this to reach $628.6 million in 2013.
The reconstructive surgery markets in Europe are faced with challenges such as price erosion, consolidation and the search for cost-effective solutions. However, the need for reconstructive surgery is rising due to the increased incidence of cancer, inter-personal violence, road traffic accidents and sports-related injuries. These trends will continue to drive market expansion.
New analysis from Frost & Sullivan (medicaldevices.frost.com), Reconstructive Surgery Markets in Europe, finds that the market earned revenues of $446.0 million in 2006 and estimates this to reach $628.6 million in 2013.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the Reconstructive Surgery Markets in Europe, send an email to Radhika Menon Theodore, Corporate Communications, at rmtheodore[.]frost.com with your full name, company name, title, telephone number, e-mail address, city, state and country. We will send you the information through email upon receipt of the above information.
"The need for reconstructive surgical procedures in Europe is compounded by the increase in incidences of cancer especially breast cancer in women.," notes Frost & Sullivan Research Analyst Sabita Ramachandran. "In addition, road traffic accidents as well as inter-personal violence and the ongoing wars all act as driving factors for the reconstructive surgery markets in Europe."
However, market growth will be hampered by progressive price declines. Such price reductions will be caused due to cost-cutting measures being adopted by governments across the healthcare spectrum. Concerted efforts to minimise road traffic accidents as well as the widening use of breast conservation surgeries as opposed to mastectomies will also have a negative impact on revenue generation.
"Market participants are following cost-cutting strategies to ensure that they remain competitive and fall within governments’ healthcare allocations," says Ms. Ramachandran. "Accordingly, an increase in sales does not necessarily translate into higher revenues."
Industry participants active in specific market segments should acquire or form alliances with companies that can help them broaden their product portfolio. By expanding their product portfolio, companies will be able to participate in multi-product tenders, which help reduce costs and provide multi-modal healthcare solutions.
Reconstructive Surgery Markets in Europe is part of the Medical Devices Growth Partnership Service, which also includes research in the following markets: Cosmetic Surgery Markets in Europe; Surgical Drapes, Gowns and Gloves in Europe. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.