Marketing

According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the US trauma device market will grow at a steady pace through 2017. Pricing pressures will limit average selling prices but an increase in the size of the elderly population and the related increase in the incidence of osteoporosis will drive an expansion of procedure volumes. Coupled with the adoption of some premium-priced products, this will lead to an increase in market size to nearly $3.9 billion in 2017.

The Food and Drug Administration will conduct a six-month review of Zytiga as a treatment for cancer in patients who have not received chemotherapy. The review means the FDA should finish its review, which began in June, in mid-December.

World demand for nanomaterials will rise more than two-and-a-half times to $5.5 billion in 2016 driven by a combination of increased market penetration of existing materials and ongoing development of new materials and applications.  Nanotubes, along with other materials such as nanoclays and quantum dots, will grow at the fastest pace, with the energy storage and generation market and the construction market undergoing the most rapid expansions.

Reportlinker.com announces that a new market research report is available in its catalog: Drug Price Cuts in Top Five Countries of Europe - Tougher Reference Pricing Environment and Drug Price Freeze through 2013 Expected to Drive Down Healthcare Costs.