Just a few months ago, medical device industry analysts were estimating the number of current US vertebroplasties—a rapid, percutaneous technique for repairing spinal compression fractures by injecting bone cement into the vertebral body—to be around 12,000-20,000 annually. The number appears to be much higher, however—closer to 35,000-40,000, and growing. With at least 200,000 potential patients in the US alone, principally elderly, osteoporotic individuals with persistent pain that is currently treated with narcotics and immobilization, and spurred by consumer demand for an alternative, the near-term market opportunity for the sale of bone cement and delivery systems appears to be at least several hundred million dollars.
Although companies and practitioners are each angling for a piece of the action, getting a handle on the scope of...