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Lowell

December 7, 2016 By SPINEMarketGroup

Lowell, Inc. helps solve your most critical orthopedic and cardiovascular implant and defense and aerospace precision machining requirements. We have invested in the technology to manufacture and test our finished components and assemblies down to the submicron level. Lowell has over 60 advanced CNC Machining and Turning Centers. Our materials expertise covers titanium, stainless steel, cobalt chrome and PEEK. From engineering support, turning, milling and EDM to laser marking, turn-key and clean room assemblies, Lowell has the people and the processes to deliver your projects on time with unmatched quality. Lowell, Inc. quality system is registered to ISO 9001:2000 and 13485:2003.

Lowell began making orthopaedic implants nearly 20 years ago when spinal fixation was in its infancy. We applied the rigorous design and manufacturing standards developed in the defense and aerospace industry to new applications in medical device. The demands were the same — close tolerances, exotic materials and tight timelines. Now we apply those same standards to diverse applications in orthopaedic implants. These include spine, trauma, CMF,extremities, dental, and the growing cardiovascular market, including mechanical circulatory support (MCS), valve repair and vascular components.

Our manufacturing engineers have all had years of hands-on experience operating the sophisticated CNC equipment that will machine your components. When they interface with your design team, that experience gives us an edge that is hard to duplicate. We’re confident we have the people and the process to meet your most demanding medical device applications. http://www.lowellinc.com

About the Spinal Market

The Spinal implants and spinal devices market, by technology, includes spinal fusion and fixation, vertebral compression fracture treatment, and motion preservation/non-fusion technologies. On the basis of products, the global spinal implants and spinal devices market is divided into six major segments, namely, thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, motion preservation/non-fusion treatment devices, and spine bone stimulators. Bases on the type of surgery, the global spinal implants and spinal devices market is divided into two segments, namely, open surgery and minimally invasive surgery. The spinal decompression devices market, by type of procedure, covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures.

The Spinal market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. As of 2015, North America is estimated to hold the largest share of the global spinal implants and spinal devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 8.2% from 2015 to 2020. A number of factors, including rising healthcare expenditure in developing nations owing to growing income levels, increasing government funding, presence of a large patient population, rising obesity cases, and growing awareness on the newly developed spine treatment techniques and devices are propelling the growth of the spinal implants and spinal devices market in the Asia-Pacific region. However, challenges associated with this market, such as scarcity of expertise and trained healthcare workers and lack of adequate patient awareness restricts the market growth in this region. Source: marketsandmarkets.com

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